Deloitte survey: Issues with ‘cryptocurrency’ scaring business off blockchain

Deloitte survey: Issues with ‘cryptocurrency’ scaring business off blockchain

Global accounting firm Deloitte published its annual blockchain survey, titled ‘Breaking Blockchain Open’ recently, in which the company provides insights into the opinions and actions of established organizations and their top executives with regard to blockchain technology. Deloitte interviewed 1,053 top-level executives from organizations that averaged over 500 million in annual revenue. The executives were based…

Mt.Gox receivers begin the beginning of the end

Mt.Gox receivers begin the beginning of the end

In an August 23rd email to account holders for which it holds an email address, the Mt Gox Civil Rehabilitation Trustee (receiver) Nobuaki Kobayashi requested claimants “make online filings of their rehabilitation claims in relation to Mt Gox’s rehabilitation proceedings”. The move follows a June 22nd order from the Tokyo District Court for the commencement…

The Crypto Fraud that Promised Investors Shipwreck Gold

The Crypto Fraud that Promised Investors Shipwreck Gold

Cryptocurrencies transformed the way we glance at transactions, but against the grain, they have also encouraged cybercriminals to lead some massive frauds over the past few years. While the cleverest minds have developed some beyond-belief organizations upheld by the might of blockchain and cryptocurrencies, wicked minds have also pounced on the furor, defrauding innocent investors…

Bithumb Will Reopen Account Registrations!

Bithumb Will Reopen Account Registrations!

The second largest South Korean cryptocurrency exchange, Bithumb, will reopen account registrations after a month of closure. The reason is down to the exchange regaining its partnership with Nonghyup (NH) Bank. Bithumb will Reopen Account Registrations In South Korea, crypto exchanges must provide virtual bank accounts so users can withdraw and deposit Korean won without having…

5 Reasons why Bitcoin is a buy at $6,000

5 Reasons why Bitcoin is a buy at $6,000

 It has been a difficult year for bitcoin “hodlers” who have had to watch the price of the world’s leading digital currency drop by over 50 percent year-to-date. Here are five reasons to keep the faith 1. The institutional Bitcoin ecosystem is growing The announcement of Intercontinental Exchange’s intent to launch a digital asset exchange…