South Korea's strict crypto regulations: Will investors face the brunt?
Highlights South Korea’s Financial Services Commission (FSC) has given the smaller cryptocurrency exchanges time till September 24 to apply for an official license. If they fail to comply, they could lose their right to operate in the cou...
- September 14, 2021 07:14 PM AEST
- Manu Shankar
Litecoin’s prices roll back after Walmart deal hoax
Highlights The prices of Litecoin have rolled back to US $178.45 on Tuesday with a 24-hour trading volume of US $8,99,18,83,634. On Monday, news came in that retailer giant Walmart would accept cryptos for its online purchases. However, the ne...
- September 14, 2021 05:55 PM AEST
- Manu Shankar
Why is stablecoin catching investors’ attention?
Highlights A stablecoin is a digital currency which is tied to a commodity or fiat currency, like the US dollar A Stablecoin’s value will remain stable even after an extended period of time and this will ease losses should a sig...
- September 14, 2021 05:20 PM AEST
- Daniel Paul Johns
Swiss digital exchange SIX gets green light to launch digital bourse
Highlights SDX has secured two licences from the Swiss Financial Market Supervisory Authority (FINMA) to act as an exchange and central securities depository. It is planning to establish a global network for digital assets to include major play...
- September 14, 2021 04:23 PM AEST
- Aayush
Walmart Hoax Leads to Litecoin Surge
A press release from US retail giant, Walmart, announcing a partnership with cryptocurrency Litecoin, had been declared a hoax. The retailer is looking into how such a slip up could have occurred. The fake announcement briefly led to Litecoin jum...
- September 14, 2021 04:16 PM AEST
- Daniel Paul Johns