Google Finance has added a crypto tab to its front page, putting it alongside US, European, and Asian stocks as well as currencies. The ‘crypto’ category features Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, the four coins picked by PayPal when their crypto service launched last year, in another example of cryptocurrency creeping into the mainstream. It shows that Google’s relationship with crypto has come a long way since then banned crypto adverts in 2017.
A horse racing stable implicated in the OneCoin cryptocurrency scam has been banned from racing horses in France due to concerns over its links to the fraudulent operation. Phoenix Thoroughbreds has seen its business become the focus of intense scrutiny since OneCoin co-founder Konstntin Ignatov suggested in court last year that founder Amer Abdulaziz Salman bought the horses with money stolen from OneCoin.
Read the full article at FullyCrypto: https://fullycrypto.com/onecoin-money-launderer-receives-french-horse-racing-ban
Ethereum finally blasted through resistance at the hundredth time of asking, rising out of a dangerous looking ascending wedge to set new all-time highs. As usual this was accompanied by a spike in gas fees, with Uniswap transactions costing in the region of $60, forcing users to look elsewhere for cheaper services, which are now finally starting to roll out.
Read the full article at FullyCrypto: https://fullycrypto.com/ethereum-hits-1695-as-gas-prices-rocket
OKEx is to integrate the Lightning Network onto its platform in a sign that the Layer 2 solution is finally coming of age. The Malta-based exchange, which calls itself the biggest in the world, announced the move yesterday, stating that implementing Lightning Network technology would offer huge improvements over bitcoin transaction time and fees. The development is the biggest in Lightning Network’s history and shows that mainstream adoption might finally be on the horizon for the six year old project.
Read the full article at FullyCrypto: https://fullycrypto.com/lightning-network-to-be-implemented-on-okex
A Dutch Bitcoin exchange has taken the first steps towards legal action against the Dutch central bank (DNB) over recently implemented KYC/AML rules. The new rules dictate that anyone wishing to withdraw cryptocurrency from an exchange must first provide proof of ownership of the wallet in question, while those buying tokens from exchanges must first explain what they intend to use them for and where they intend to store them.
Read the full article at FullyCrypto: https://fullycrypto.com/bitonic-exchange-takes-legal-action-over-dutch-kyc-rules
Cryptocurrency exchange hacks are down 30% compared to last year in a sign that both exchange security and security awareness among users is improving. Given that the bulk of the hacks were carried out on DeFi exchanges, hacks on centralized exchanges are in fact down much more that 30%, with the most notable being the KuCoin exchange hack in November, although the vast majority of funds were recovered from that hack.
Read the full article at FullyCrypto: https://fullycrypto.com/crypto-exchange-hacks-down-30-on-2019
Fancy a brand new, $40 million Gulfstream private jet? Well now you can get one without having to cash out any of your Bitcoin to pay for it! That’s right, after all those years of waiting you can finally find something to do with that ₿1,875 you’ve got lying around and buy the Gulfstream G650ER from private jet sellers Aviatrade, who’ll gladly take that Bitcoin off your hands without having to wait days for a wire transfer to go through.
Read the full article at FullyCrypto: https://fullycrypto.com/gulfstream-g650er-jet-yours-for-%e2%82%bf1875
In our debut podcast, FullyCrypto’s Mark Hunter talks to Chad Garrett, CEO of Zoogg cryptocurrency exchange, one of the new breed of fee-free exchanges. They discuss the development of the project, the state of the crypto exchange environment, and where the future of the ecosystem could be headed.
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As we reported last month, the U.S. Dollar Index is negatively correlated to Bitcoin, meaning that when the dollar is strong Bitcoin’s price tends to be weak, with the reverse also being true.
Read the full article at FullyCrypto: https://fullycrypto.com/strong-dollar-could-kick-bitcoin-back-below-10000
Cryptocurrency exchanges have been the victims of hacks and attacks since the crypto world really came into the mainstream media. Millions of people around the globe use these exchanges on a daily basis, but many are still blissfully unaware of the risks associated with exchanges.
Read the full article at FullyCrypto: https://fullycrypto.com/kucoin-hack-highlights-importance-of-holding-your-own-keys