US Bitcoin reserve has pundits in tailspin as Trump inauguration looms

This article has been updated to provide further details on the hack.Today, March 30, crypto exchange Bithumb posted on Twitter that their cryptocurrency withdrawals and deposits have temporarily been paused.In an explanation linked to the tweet, the exchange writes that at 10:15 (time zone unknown) on the 29th, they detected what they describe as abnormal…

Experts are divided over ways to balance diversity in crypto, with Rupert Colchester of IBM noting that teams should be “built right” from the ground up. 8149 Total views 23 Total shares While almost everyone agrees the blockchain industry needs to address the under representation of women in the sector, experts remain divided on the…

Hamburg-based fintech company Naga has released its new exchange platform, Nagax, after an intensive beta testing period. The developer promises a user-friendly interface and “super-fast execution,” as the system supports more than 10 million transactions per second.The new platform is integrated into the social investing network — also known as Naga Trader. According to the…

The academic institution with a student body of roughly 11,000 said the addition of crypto payments was part of a plan to support local businesses like Elrond. 1290 Total views 19 Total shares A public university in the Romanian city of Sibiu in Transylvania has said it will allow students to pay for their admission…

Marijuana culture media group High Times Holding Corp. has decided not to accept Bitcoin (BTC) in its initial public offering (IPO), according to an August 13 filing with the U.S. Securities and Exchange Commission (SEC). The decision runs counter to the company’s Aug. 3 announcement, where it stated it will accept cryptocurrencies in order to…

Thai immigration officials have arrested 24 Chinese nationals who were running an alleged cryptocurrency scam call center in the Rama III neighborhood of Bangkok.According to an official announcement on Dec. 2, the Immigration Bureau of the Royal Thai Police arrested 24 individuals, seized 61 laptops, 424 mobile phones and several routers. The Immigration Bureau further states…

Bitcoin (BTC) beats both fiat currency and gold because it does not need settlement, RT host Max Keiser has said.In the latest episode of the network’s Keiser Report on Nov. 7, the well-known Bitcoin bull explained that other forms of transactions need settlement time, but Bitcoin does not.Keiser: BTC “uniquely self-settling”This is because, in Bitcoin,…

CBDCs promise to speed up existing systems but are unlikely to change the direction central banks have already been taking. 589 Total views 29 Total shares As countries around the world dive into central bank digital currencies (CBDC), many in the crypto industry look forward to what that means for adoption and even lucrative partnerships…

Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express