In our “Interesting” section, we highlight unusual stories, notable events, and curious facts from the world of cryptocurrencies and technology. Here you will find unique insights, unexpected developments, and engaging content beyond daily crypto news. Read the “Interesting” section on ForkNews to discover the most intriguing stories from the crypto industry.
Japanese regulators have become more active after a hacker attack and theft of NEM cryptocurrency worth 58 billion yen ($534 million) from the Japanese cryptocurrency exchange Coincheck. The Japanese Financial Services Agency (FSA) required Coincheck to provide a report on the system failures that led to the theft, prepare an effective plan to manage risks and improve the security system. In addition, the company must identify those responsible for the consequences of this incident.
According to experts, the higher the cryptocurrency rate, the more it can decline. On the other hand, this could simply be a signal of the start of a cryptocurrency bull market. Market volume has grown 3,400% since the start of 2017, according to Monday's data. And it becomes unclear how long such growth can last. Let's talk about three main triggers that can stimulate a fall in the price of digital assets.
Yuri Milner, who once founded Mail.Ru Group and DST Global funds, is going to start investing in Telegram ICO. Participating in this project privately, Milner plans to invest at least $20 million in the Telegram Open Network (TON) messenger.
The German bank Deutsche Bank does not advise investing in cryptocurrency, Markus Müller, head of the investment department of the private wealth management department of Deutsche Bank AG, said in an interview with Bloomberg. Risks include high volatility, possible price manipulation and loss or theft of data.
On January 25, 2018, Zebpay, one of the largest cryptocurrency exchanges in India, announced the addition of Litecoin to its trading platform. In a blog post on its website, the company stated that the cryptocurrency is one of several tokens that will also be added in the near future.
Cryptocurrency is having more and more influence on the global financial market. This fact can no longer be ignored. Here are some results of a conversation between financial experts and the Financial Times about the future of electronic money.
Starbucks Chairman of the Board Howard Schultz said that the Starbucks coffee chain plans to introduce Blockchain technology and digital currencies for electronic payments on the mobile platform of the Starbucks coffee shop chain.
The Wyoming Blockchain Coalition recently won several pieces of legislation that will benefit both the community and the state of Wyoming. These acts were based on two characteristics of the state that make it especially attractive to blockchain technology: zero taxes on corporate property and strict laws that govern LLCs registered in the state.
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