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Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea

January 5, 2021 Mondest 0

The “kimchi premium” has returned. Price premiums for bitcoin on South Korean exchanges have hit two-year highs, indicating retail investment interest in cryptocurrencies is surging […]

Alibaba Denies ‘Partnership’ With Lolli, Highlighting Crypto Industry Pitfalls

November 15, 2019 Mondest 0

On Monday, CoinDesk reported the shopping app Lolli was offering bitcoin rewards to U.S.-based Alibaba shoppers for Singles Day. Alibaba Group representatives have since denied […]

Chainalysis Says BitForex Trading Volumes Could Be Fake

November 15, 2019 Mondest 0

BitForex exchange could be faking its bitcoin trading volume, according to a report released Friday by crypto auditors Chainalysis. For every one bitcoin recorded entering […]

Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push

November 14, 2019 Mondest 0

OneConnect Financial Technology, the fintech arm of China’s largest insurance company, filed a prospectus on Wednesday for an initial public offering (IPO) with the U.S. […]

Despite Denials, Tron Founder Confirms Investment in Poloniex Crypto Exchange

November 12, 2019 Mondest 0

Justin Sun, founder of crypto platform Tron, said he is part of the investor group that recently acquired Poloniex from fintech firm Circle, after denying […]

China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’ 

November 12, 2019 Mondest 0

China’s proposed new stablecoin project should strike a balance between protecting privacy and regulatory enforcement, China’s Digital Currency Research Institute said Tuesday. Within the People’s […]

Alibaba Offers Bitcoin Rewards Through Lolli Shopping App for ‘Singles Day’

November 11, 2019 Mondest 0

Lolli, an affiliate retail startup that gives online shoppers bitcoin instead of regular cash-back perks, just announced its first Asian partnership with Chinese e-commerce giant […]

After Xi, China’s Central Bank Gives Blockchain Tech a Pump

September 22, 2019 Mondest 0

The Chinese central bank is promoting the use of blockchain in trade finance, soon after the nation’s president made a call to adopt the tech […]

First-Time Bitcoin Buyers ‘Doubled’ in Square’s Q3 Report

June 6, 2019 Mondest 0

Square processed $148 million in bitcoin sales in the third quarter of 2019. The payments company, founded by Twitter co-founder Jack Dorsey, released its earnings […]

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