Forex News 24
  • RSS

news

Cryptocurrency Daily Roundup – Apr. 6

Cryptocurrency Daily Roundup – Apr. 6
админ
06/04/2018

b1fcc5dc9b7467f8756e50fc8e9bc0c6 - Cryptocurrency Daily Roundup - Apr. 6

Bitcoin failed to find support around $6,600 and now risks drifting lower to $6,000 as concerns over regulation and taxation weigh on market sentiment. A crypto exchange in Japan, which used to be one of the biggest until a massive hack in January, agreed to a takeover by an online brokerage. An online payment startup has inked a deal with South Korea’s biggest credit card company, causing the related coin to trade higher.

Here is a wrap up of the main news from the cryptocurrency and blockchain space over the last 24 hours.

Japan’s Hacked Coincheck To Be Bought By Monex For JPY 3.6 Bln

Japanese cryptocurrency exchange Coincheck, which was hit by the largest-ever digital currency theft, has agreed to be acquired by Japanese online brokerage Monex Group for 3.6 billion yen or about $34 million. Monex’s shares climbed around 20 percent in Japan following the announcement. It was in late January that Coincheck was hacked of 523 million NEM coins worth 58 billion yen or $530 million at that time. The crypto exchange already began repaying its affected customers.

OmiseGO In Deal With South Korea’s ShinhanCard On Blockchain Development

Omise and OmiseGO has signed a Memorandum of Understanding or MoU with South Korea’s biggest credit card company ShinhanCard, aiming to explore opportunities for fintech and blockchain initiatives. Following the news, OmiseGO’s OMG coin traded higher, and is now at $9.06, up 2.04 percent over the last 24 hours, compared to negative trading for all major cryptocurrencies, according to Coinmarketcap.

Georgia Senate Fails To Pass Bill To Allow Tax Payments In Cryptocurrency

A bill that would allow residents in the U.S. state of Georgia to pay their taxes in cryptocurrency failed to pass through its Senate due to misunderstandings among lawmakers. Senate Bill 464, sponsored by Senators Michael Williams and Joshua McKoon, was introduced on February 21. “The commissioner shall accept as valid payment for taxes and license fees any cryptocurrency, including but not limited to bitcoin, that uses an electronic peer-to-peer system,” the bill stated.

Indian Authorities Arrest Scamster For Running Bitcoin Ponzi Scheme

An Indian businessman accused of duping hundreds of investors in the country as well as abroad through a ponzi scheme that involved Bitcoin mining. Police arrested Bitcoin entrepreneur Amit Bharadwaj at the Delhi airport after a complaint was filed against him in the cybercrime cell of Pune Police. In a first, the Enforcement Directorate also registered an enforcement case investigation report against the businessman.

IBM Joins Sovrin Foundation To Build Decentralized Identity System On Blockchain

Tech giant IBM has partnered with the non-profit Sovrin Foundation to build a decentralized digital identity network on blockchain. The group announced IBM as a founding Steward of the Sovrin network. In this role, the company will dedicate hardware, security and network capacity to assist in the operation of this self-sovereign identity network. Blockchain is used to enable the secure exchange of cryptographically-signed credentials to prove the digital identity information in the identity owner’s possession.

Current Prices

As of 8.10 am ET on Friday, Bitcoin was down 2.31 percent at $6,561.10 and Ethereum was lower by 3.35 percent at $366.77 on Coinbase.

by Jyotsna V

Source

Related ItemsBitcoinBlockchaincryptocurrencycurrencyCurrent PricesEthereumIBMJapanmarketminingpricesregulationriskssecuritySouth Koreatradetrading

Leave a Reply

Cancel reply

Your email address will not be published. Required fields are marked *

Anti-spam: complete the taskWordPress CAPTCHA


news
06/04/2018
админ
Related ItemsBitcoinBlockchaincryptocurrencycurrencyCurrent PricesEthereumIBMJapanmarketminingpricesregulationriskssecuritySouth Koreatradetrading

More in news

273116ff712463a8fe797bc26d4bddd2 400x240 - Major policy change for the FED

Major policy change for the FED

админ30/08/2020
Read More
5ecd652efa96beb5e9daab8a81713e20 400x240 - Powell expected to preview Fed’s policy framework

Powell expected to preview Fed’s policy framework

админ27/08/2020
Read More
1cfd53e4dc84605be8f34b32e1fc08ff 400x208 - European markets look defensive

European markets look defensive

админ26/08/2020
Read More
Scroll for more
Tap

Last news

  • 273116ff712463a8fe797bc26d4bddd2 95x60 - Major policy change for the FED
    Major policy change for the FED
    news30/08/2020
  • 5ecd652efa96beb5e9daab8a81713e20 95x60 - Powell expected to preview Fed’s policy framework
    Powell expected to preview Fed’s policy framework
    news27/08/2020
  • 1cfd53e4dc84605be8f34b32e1fc08ff 95x60 - European markets look defensive
    European markets look defensive
    news26/08/2020
  • cbda506728f805be55e3597fd478b623 95x60 - Another record-setting session for U.S. stocks futures
    Another record-setting session for U.S. stocks futures
    news25/08/2020
  • 3c51d052540d35f9b8497fc0b1942d58 95x60 - $50M worth of cryptos or more left China
    $50M worth of cryptos or more left China
    news23/08/2020

Tags

american Asia Bitcoin China cryptocurrency currency Dollar dollar index economic Economists EUR euro Fed Federal Reserve forex futures GBP GDP Germany Index inflation interest rate interest rates Japan losses lost market markets monetary policy Oil price prices rate rates retail rise risk sales trade trade war trading Trump UK United States US

Copyright © 2019 Forex News 24, all rights reserved.

German Industrial Output Falls Most Since 2015
FX levels to watch – EUR/USD, GBP/USD and USD/JPY