News
South Korean Beachgoers Can Now Use Bitcoin to Pay for Services
The Haeundae Beach System in Busan is part of a pilot project that aims to offer crypto payment solutions to beachgoers in the summertime. A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest...
Major South Korean Bank Joins the Crypto Custody Business
We’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action. KB Kookmin Bank, one of the largest banks in South Korea, has partnered with blockchain venture fund, Hashed, and crypto trading platform,...
Investors Dollar-Cost Averaging Bitcoin Since 2017 Made a 61.8% Return
Data shows investors who dollar-cost averaged into Bitcoin even since the $20,000 peak are profitable. Researchers at Coin Metrics found that investors who dollar-cost averaged into Bitcoin (BTC) since the $20,000 peak in 2017 would still be profitable. According to...
Can Blockchain E-Passports Help Save the Tourism Industry?
ShareRing has launched an anonymous e-passport app with contact tracing in an effort to revive the $9 trillion global tourism industry. Enterprise-focused blockchain company ShareRing has launched a blockchain based contact tracing solution it will offer to 2.6...
Digital Art Trading Platform ‘SuperRare’ Sees Volume Increase 365%
The digital art scene is becoming a hotbed of activity for non-fungible tokens. Digital art marketplace ‘SuperRare’ has surpassed $1.6 million in cumulative trade volume as buyers become more comfortable with the concept of art sold as non-fungible...
Number of Active Crypto Traders in Japan Decreased Mid-COVID
A report updated by Japan’s self-regulatory body JVCEA shows the number of active crypto traders in the country decreased in March. Before a state of emergency had officially been declared to slow the spread of the pandemic in Japan, overall activity on crypto...
Travel Management Company CWT Pays $4.5M Bitcoin to Hackers
Ransomware hackers initially demanded $10 million to restore access to travel firm CWT’s computers and delete any stolen data. U.S.-based corporate travel firm CWT paid $4.5 million in a Bitcoin ransom to hackers who stole sensitive files from the...
New 2020 Bitcoin Price High at $12,000 Proves Bulls Remain in Control
Bitcoin price rallied through a key resistance zone and secured a new 2020 high at $12,000. After securing a strong daily close, Bitcoin (BTC) price continued to press higher by cruising to $12,000 within the last hour.Crypto market daily price chart. Source:...
Here’s Where the Earliest ETH Ever Mined Ended Up 5 Years Later
Coinfirm details what happened to the first mined Ethereum after the asset's launch in 2015. Ethereum, a household name in the crypto industry, fired up its network on July 30, 2015, but what happened to the first ETH coin ever mined all those years ago? Blockchain...
XRP Is Up 30% and Has 30 New Whales
Thirty new whales are gobbling up XRP in a sign some big investors are rethinking the cryptocurrency. The number of accounts holding more than one million XRP has increased by 3.7% with 30 new whales appearing over the last two weeks, according to Santiment’s...