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South Korean Exchange Upbit Raided, Under Investigation

Police have raided Upbit, South Korea’s largest cryptocurrency exchange over alleged illegal transfer of customers funds. Local media reports indicate that the Korean Financial Intelligence unit and the Financial Services…

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Winklevoss IP Bags Cryptocurrency Exchange Traded Fund

The Winklevoss twins have secured a patent for the first cryptocurrency Exchange traded fund (ETF). The patent will now allow Winklevoss IP, the company owned by Tyler and Cameron Winklevoss…

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Bloomberg Launches Cryptocurrency Benchmark Index

Bloomberg has launched the Bloomberg Galaxy Crypto Index that will track the performance of the top, most liquid cryptocurrencies. The initiative is being undertaken in collaboration with Galaxy Digital  Capital…

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Market Round Up: Zilliqa Makes Huge Milestone

The cryptocurrency market is marginally up today after a slight reversal yesterday. Bitcoin gained as much as 3% in early morning trading but it has since lost its steam, trading…

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South Korea to Relax Crypto Regulations

The incoming head of South Korea’s Financial Supervisory Service is looking at easing cryptocurrency regulations. The announcement by Yoon Seuk-heun known to be a reformist brings a sigh of relief…

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NYSE’s Parent Company ICE to Set Up Crypto Exchange

The New York Stock Exchange’s parent company ICE is developing a cryptocurrency exchange, a report by New York Times indicates. The move defies all expectations about the company’s plans. The…

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Indian Police Seize Mining Equipment

Several mining equipment have been seized by Indian police in a raid carried out in Dehadrun, Delhi. The operation on the 4000 sq feet facility concerns an alleged fraud case….

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