In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
South Korean cryptocurrency giant Bithumb is temporarily stopping accepting new clients amid reported problems with renewing its banking service contract.
An Arizona crypto trader was sentenced to 41 months in federal prison after being convicted of money laundering, the Department of Justice announced Thursday.
Altcoins have restored their temporarily lost correlation with the BTC/USD pair and are now demonstrating a synchronized decline.
Constantinople, the next system update for the Ethereum network. The hard fork should lead to increased efficiency and lower fees across the entire network and will be launched ahead of the Devcon 4 Ethereum conference in October.
The world's first "unbreakable" cryptocurrency wallet, according to John McAfee, drew the ire of security researchers shortly after its launch on July 28, 2018. Cybersecurity specialist Ryan Castellucci was the first to identify Bitfi's supposed security features, alarming other experts who subsequently drew their own conclusions about the Bitfi wallet.
The Securities and Exchange Commission (SEC) of the Philippines has released draft guidelines for initial coin offerings (ICOs) in a bid to keep pace with the number of startups using the scheme to raise funds from the public.
According to JoongAng Daily, the Financial Supervisory Service (FSS) appeal was part of a study that was released by the agency on Thursday. This study examines the possibility of Korean regulatory agencies and companies collaborating to develop the proposed system, and also examines the applications of blockchain technology by exchange operators around the world.
Today there is a high probability that the decline will end and growth may resume after a short consolidation
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