1,600+ Pick n Pay Stores Set to Pioneer Mainstream Bitcoin Payments in South Africa

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Let’s Drive The Bitcoin Bullet Train Right Through South Carolina

State representatives in South Carolina are particularly well-positioned to understand and support Bitcoin.

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Bitcoin Hits $71,000 in South Korea as “Kimchi Premium” Goes Through the Roof

The unprecedented South Korean FOMO has pushed Bitcoin above $70,000 on local exchanges

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Bitcoin Investment Reaches All Time High in South Africa

Bitcoin is becoming increasingly popular in South Africa, a country in depression where the GDP has fallen by some 20% after stagnating for half a decade, growing by just 1%....

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4 Reasons Why Bitcoin is So Popular in South Africa

Bitcoin and cryptocurrencies, in general, continue to thrive in South Africa even as such interest comes with a multitude of scams and fraudulent investment schemes. The country even ranks second in the world for bitcoin searches according to Google Trends.

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Survey: South Africans Turning to Crypto as Hedge Against Volatility of the Rand

A survey by Luno, a London-based cryptocurrency platform, has revealed that a growing number of people in South Africa prefer holding cryptocurrencies such as bitcoin and bitcoin cash rather than the local fiat unit, the rand.

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Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine

In this edition of Exchanges Roundup, we look at a Luno executive’s belief that the South African government will introduce “open” crypto regulations. We also focus on Bitstamp, which expects a 1250x increase in matching speed after it integrates a customized version of Cinnober’s trading engine software into its platform, as well as the motivation behind a […] The post Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine appeared first on Bitcoin News.

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South Korea Crypto Demand Soars with Bithumb Exchange Controlling Bulk of Trading Volume

Trading in South Korea’s crypto exchanges has increased substantially, reaching a rate of 10 to 15 percent. One particular trading platform, Bithumb, has benefited from the increased trading volume.

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China’s Lufax P2P Lending Platform Eyes Blockchain Technology

Lufax, China’s leading peer-to-peer lending and wealth management platform, has hinted its working on integrating distributed ledger technology (DLT) into its operations to reduce cost and increase transparency, reported The South China Morning Post on November 2, 2018.

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Huobi MENA Introduces AI-Powered Hybrid Trading Platform

Huobi MENA, the global arm of Hubo Division for the Middle East, North Africa, and South Asian markets announced November 1, 2018, that it has teamed up with AI Trader, an artificial intelligence-based autonomous crypto trading system.

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Korean Crypto Exchange Bithumb to Launch Security Token Platform in the U.S.

South Korean cryptocurrency exchange Bithumb is reportedly exploring the possibility of a security token exchange in the U. S. , according to people familiar with the matter. Local news agency Yonhap News was able to confirm on November 2, 2018, that Bithumb has agreed to partner with American fintech company seriesOne.

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Top 3 South Korean Crypto Exchanges Expand Overseas

Three of South Korea’s largest cryptocurrency exchanges are expanding overseas. Upbit has launched a Singaporean crypto exchange with 156 coins and 221 trading pairs. Coinone has established a crypto exchange in Malta while Bithumb is planning to launch a security token platform in the U.

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Huobi Mena Partners With AI Trader to Launch a Hybrid Intelligence Trading Mode

Huobi MENA, Huobi Global’s division concentrating on the African, Middle Eastern, and South Asian markets announced on Nov. 1st that it has partnered with AI Trader, an autonomous digital asset trading system powered by artificial intelligence (AI) to launch a hybrid trading platform that allows users to integrate deep learning AI in their trading activities.

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Bithumb and seriesOne Partner to Launch U.S. Securities Token Exchange

Aiming to create an SEC and FINRA-compliant U. S. exchange, blockchain-based crowdfunding firm seriesOne and crypto exchange Bithumb have formed a joint venture. According to an announcement made on November 1, 2018, officials behind the venture look to trade security tokens within a “compliant marketplace” and within the context of “other applicable regulatory approvals.

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Bitcoin Cash (BCH) Daily Price Forecast – November 1

  BCH/USD Medium-term Trend: Bearish Supply zones: $600, $700, $800 Demand zones: $300, $200, $100 BCH is back in a bearish trend in its medium-term outlook. After a remarkable move to the upside as predicted yesterday the cryptocurrency resume the journey south.

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Korean Court Rules in Favor of Cryptocurrency Exchange Against Bank

A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines.

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South Korea Cracks Down on Unauthorized Cryptocurrency Funds

South Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund.

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Coinbase Raises $300 Million, Reaching $8 Billion Valuation

The San Francisco-based cryptocurrency exchange and brokerage service Coinbase announced on Tuesday that it had raised $300 million in series E equity funding. This latest round confirms Coinbase’s status as the largest cryptocurrency organization of its kind, bringing its market valuation up to $8 billion.

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Cryptocurrency Exchange Bitstamp Acquired by South Korean Conglomerate for an Undisclosed Amount

Bitstamp, one of the top-30 cryptocurrency exchanges in the world by daily trading volume, was acquired by Belgium-based investment company NXMH for an undisclosed amount in cash, reported Reuters on October 29, 2018.

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Patience Pays: Get to Know Popular Investor Reinhardt Coetzee

Ask any trader and they’ll tell you: diversifying your portfolio is one of the best ways to reduce risk. If you’re curious about branching out to other assets, definitely check out Reinhardt Coetzee — this South African Popular Investor is proof that low-risk, long-term investing can really pay off!  Since joining eToro in July 2016, Reinhardt has kept his risk.

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Could a Stock Market Crash Lead to Cryptocurrencies’ Rise?

Hosting Crypto Trader’s latest episode on the sidelines of the Crypto Invest Summit in Los Angeles, South African investor and founder of OnChain Capital Ran NeuNer, touched on several important topics in the cryptocurrency sector.

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Bitcoin Exchange Bitstamp Confirms Sale to Gaming Group NXC

The Bitstamp cryptocurrency exchange has been acquired by NXMH, an investment firm owned by South Korean conglomerate NXC.

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Ran NeuNer Reveals Details of Possible Coinbase IPO

Rumors surrounding Coinbase launching an IPO have been swirling since it became one of the largest crypto exchanges in the US. These rumors were fanned further by the South African crypto investor, CNBC host and founder of OnChain Capital Ran NeuNer.

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Exchanges Roundup: SBI to Develop Wallet, Huobi Targets New Markets

In recent news pertaining to cryptocurrency exchanges, SBI Group has unveiled a partnership with Sepior that will see the companies jointly develop a proprietary wallet, Huobi has announced it is establishing an operational base in Dubai to target the African, Middle Eastern, and South Asian cryptocurrency markets, and Trijo, a Swedish crypto exchange, has received […] The post Exchanges Roundup: SBI to Develop Wallet, Huobi Targets New Markets appeared first on Bitcoin News.

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Australian Women Steals almost Half a Million Ripple XRP

In a report published October 25, 2018, police in New South Wales announced the arrest of a woman responsible for stealing more than $450,000 worth of XRP. Theft Details The woman was caught after the assembly of a new task force called Strike Force Rostrevor that was established in January to investigate the sudden loss of the victims Ripple tokens.

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Korean Crypto Exchange Earns Key Government Cybersecurity Certification

South Korean cryptocurrency exchange GOPAX has become the first blockchain company to attain K-ISMS certification, the official standard in Korea for information security management systems.

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Regulations Roundup: SEC Considers Crypto Fund Criteria, South Korea Warns Investors

In this edition of Regulations Roundup, we focus on the U. S. Securities and Exchange Commission’s (SEC) ongoing discussions with companies that are interested in setting up cryptocurrency funds.

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AMD GPU Sales Go South as the Demand for Cryptocurrency Mining Units Plummets

According to its quarterly financial results report, the American semiconductor manufacturer company AMD had almost negligible sales of blockchain-related graphics processing units in Q3 of 2018. The financial report was published on October 24, 2018.

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Quarterly Bitcoin (BTC) Futures Contracts by the CME Group Expire Today, October 26th

October 26th might be one of the most significant dates in the crypto calendars this year due to an event might catalyze a trend reversal in the crypto markets. The crypto markets have been on a free fall since February when news of banning crypto trading in China and South Korea hit the crypto-verse.

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Bitcoin Cash (BCH) Daily Price Forecast – October 26

  BCH/USD Medium-term Trend: Ranging Supply zones: $600, $700, $800 Demand zones: $300, $200, $100 BCH continues in consolidation in its medium-term outlook. The bears continued in their journey down south within the range with making a lower low at $444.

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Eatbch Charity To Receive $1,000 A Month From The Bitcoin Cash (BCH) Association

The BCH Association announced on October 24 that it had a new initiative where $1000 worth of BCH will be sent to two Eatbch campaigns in South Sudan and Venezuela. This will occur once every month.

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HUOBI Group Sets up Shop in Africa, Middle East and South Asia

Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents.

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Cryptocurrency Exchange Huobi Plans to Expand Into Africa, Middle East, and South Asia

Mohit Davar, the co-founder of Huobi Mena, used the World Blockchain Summit being held in Dubai to reveal his company’s plans to further expand into less untapped markets in the Middle East, Africa, and South Asia; the company stated in an Oct.

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Bithumb Will Provide 70-Percent Transaction Fee Payback to Overseas Users

As a token of appreciation for their continued support, South Korea based cryptocurrency exchange Bithumb is now offering a 70-percent transaction fee payback program for its overseas users. The exchange has decided to provide these refund benefits to users who completed transactions worth KRW 1 billion from Oct.

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Bitcoin Cash Association to Fund Eatbch Charity

On Oct. 24, the community-driven Bitcoin Cash Association announced a new initiative where $1,000 worth of bitcoin cash will be sent to the two Eatbch campaigns in Venezuela and South Sudan every month.

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Bitcoin Cash Association to Fund Eatbch Charity in $1,000 BCH per Month

On Oct. 24, the community-driven Bitcoin Cash Association announced a new initiative where $1,000 worth of bitcoin cash will be sent to the two Eatbch campaigns in Venezuela and South Sudan every month.

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Bitcoin Diamond (BCD) Price Jumps on Bithumb Listing

The South Korean crypto exchange added BCD on early Wednesday morning, but the listing move has been affecting the coin market performance for more than 20 hours.

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Klaytn Blockchain Project by Kakao Announces First 9 Service Partners

Klaytn, the public blockchain arm of South Korean mobile platform Kakao, recently announced in a press release its partnership with nine initial service providers from a variety of industry domains.

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Cointext Launches SMS Bitcoin Cash Wallet in 4 New Markets

The Cointext SMS Bitcoin Cash (BCH) wallet continues its rapid expansion around the world. Residents of one more country in South America and three more in Europe now have access to the service, which allows users to send money to mobile phone numbers or BCH addresses without an internet connection, additional accounts or the need […] The post Cointext Launches SMS Bitcoin Cash Wallet in 4 New Markets appeared first on Bitcoin News.

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CoinText SMS Bitcoin Cash Wallet launches in more European countries along with Brazil

CryptoNinjas Today, CoinText. io, a service to instantly send cryptocurrency to any mobile phone number using text messages, launched in Brazil and three more European countries Poland, Croatia, and Romania.

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North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017

North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges.

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Chinese-Based ASIC Chip Maker Bitmain Bracing for Tough Times Ahead as China–US Trade War Tensions Rise

The South China Morning Post reported on Oct. 16 that Bitmain, the world’s largest manufacturer of cryptocurrency mining hardware, is bracing for tough times as new US tariffs targeting Chinese goods has been in effect since Aug.

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South Korean Crypto Exchange Bithumb Launches a Decentralized Exchange

On October 15,  2018, South Korean cryptocurrency exchange Bithumb announced they are launching their first official decentralized exchange, dubbed Bithumb DEX. The Korean crypto giant Bithumb is said to leverage OneRoot R1 protocol to increase the overall efficiency of the decentralized exchange.

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Bitcoin's Price Breaks Through Key Support As Stocks Go South

Risk aversion in the US stock markets yesterday may have worked in favor of the bitcoin bears.

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Report: Emerging Markets See Sharp Growth in Cashless Transactions

South Africa is the most cryptocurrency-friendly country in Africa, according to the 2018 World Payments Report by French banking group BNB Paribas and IT company Capgemini. Compared to other major economies on the continent, South Africa has allowed digital currency-based payments, trades and investments to flourish almost unhindered.

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Elon Musk Sells “Boring” Flamethrower For Bitcoin, Ethereum, Litecoin

Elon Musk-Founded Startup To Accept Crypto For Crowdfunding Effort When it comes to eccentric billionaires, there isn’t anybody as well-known as the one and only Elon Musk, a South African-Canadian native with a profound love for modern tech.

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South Korean Financial Regulator Maintains Negative Stance on Cryptocurrencies

The top financial regulator of South Korea doesn’t believe that cryptocurrencies and initial coin offerings (ICOs) have positive connotations. During the parliamentary audit sessions of the Financial Services Commission (FSC) at the National Assembly on Oct.

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Bithumb Will Start a Special Promotion for New Foreign Users

South Korea based cryptocurrency exchange Bithumb will be running a new special promotion for new foreign users between Oct. 15 and Nov. 14. The promotion will target new foreign users on the platform who sign up during the promotion period.

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Australian NSW Government Looks to Blockchain Technology For Property Conveyancing

The Australian New South Wales (NSW) Government is eager to trial blockchain technology for property conveyancing because it may make the process more efficient, cheap, secure, and reliable. According to ZDNet’s article published on October 15, 2018, the NSW Land Registry will complete a proof of concept in early 2019 with the intent of shifting all form of land registry.

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