South Korean elders need Bitcoin, Ether ETFs, finance industry chief says

Bitcoin (BTC) fell below $7,000 once again on Nov. 27 as fresh selling pressure suddenly impacted already fragile markets.Cryptocurrency market daily overview. Source: Coin360Likely exchange hack rocks BTC priceData from Coin360 showed BTC/USD suddenly dive back into the $6,000 range on Wednesday, having previously held ground around $7,200. At press time, a low of $6,860 saw…

Shinban Bank, K bank and NH Nonghyup Bank reported a total revenue of 16.9 billion won coming out of partnerships with four crypto exchanges. 454 Total views 8 Total shares Three South Korean banks with crypto exchange partnerships have reportedly made $14.71 million in transaction fees in the second quarter of 2021.According to The Korea…

The founder of Bitcoin mining rig manufacturer MicroBT is being held as of Nov. 8 by Shenzhen Police to assist in an investigation, according to a local news source. Police are likely to be questioning Zuoxing Yang over allegations of intellectual property infringement regarding the technology of Beijing-based Bitmain.Previous allegations of patent infringementYang previously worked…

"Under our laws, they have to register with the Commission unless they qualify for an exemption," said Gary Gensler. 862 Total views 18 Total shares Gary Gensler, chair of the United States Securities and Exchange Commission, is once again urging crypto projects with securities to register with the regulatory body to ensure thinvestors are protected.In…

Strawberry extends on OpenAI’s Q* project announced last November, which some described as a technical breakthrough allowing for the development of “far more powerful” AI models.

Cryptocurrency exchange Kraken has posted a $100,000 reward for the discovery of the major Canadian crypto exchange QuadrigaCX’s missing funds. Kraken announced the offer in a blog post on Feb. 28.QuadrigaCX has faced financial difficulty following the sudden death of its founder Gerry Cotten in December last year. Since then, Quadriga has not been able…

Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry.

Three Thai citizens who are currently being prosecuted for allegedly swindling $24 million worth of Bitcoin (BTC) have pleaded “not guilty” in the Criminal Court of Bangkok, major Thai newspaper Bangkok Post reports Wednesday, Nov. 7.During the hearings, Thai prosecutors accused the three defendants and six accomplices of defrauding 21-year-old Finnish investor Aamai Otava Saarimaa…