Cryptocurrency News From Japan: March 22-28 in Review

This week’s headlines from Japan included Bitbank adding smartphone compatibility for identity verification, Fobi Japan announcing leverage trading, Coincheck announcing order limits, Rakuten Wallet announcing margin trading, and product trading company Marubeni testing blockchain for tracing steel pipes.  Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. BitBank launches smartphone ID verification Japan-based crypto exchange, BitBank, recently added smartphone compatibility for its Know Your Customer, or KYC, practices. Using their smartphone cameras, customers can now snap pictures themselves and related required paperwork for verification.…

‘What Bitcoin Did’ – Scanning the Hottest Cryptocurrency Keywords and Google Searches

For years now the term “bitcoin” has managed to capture a tight relationship with specific trends and keywords online. News.Bitcoin.com decided to investigate the specific keywords, questions, comparisons, and prepositions that are often associated with the digital currency when people are searching for answers. Also read: US Real Estate in Jeopardy – Analysts Predict Housing Market Crash to 29-Year Lows Keywords, Trends, and Searches Surrounding Bitcoin Bitcoin is an interesting subject to many of us who live and breathe in this industry. Moreover, newcomers sometimes hear about the technology in…

‘What Bitcoin Did’ – Scanning the Hottest Cryptocurrency Keywords and Google Searches

For years now the term “bitcoin” has managed to capture a tight relationship with specific trends and keywords online. News.Bitcoin.com decided to investigate the specific keywords, questions, comparisons, and prepositions that are often associated with the digital currency when people are searching for answers. Also read: US Real Estate in Jeopardy – Analysts Predict Housing Market Crash to 29-Year Lows Keywords, Trends, and Searches Surrounding Bitcoin Bitcoin is an interesting subject to many of us who live and breathe in this industry. Moreover, newcomers sometimes hear about the technology in…

Binance Reveals the Secret Behind Its Cryptocurrency Futures Success

Aaron Gong, vice president of futures at major cryptocurrency exchange Binance, explained to Cointelegraph how the firm managed to become one of the top crypto futures trading platforms. As Cointelegraph reported earlier this week, Binance recently overtook BitMEX and became the second-largest platform in terms of 24-hour Bitcoin (BTC) futures trading volume. When asked whether he is surprised by such success, Gong said that the firm created the product with the plan of becoming the top Bitcoin futures trading platform: “We knew we would be there soon, and we made…

HashCash Consultants to Launch ‘Corona Fund Index Cryptocurrency’

HashCash Consultants plans to release the latest crypto asset promising profit potential amid the atrophying global economy and coronavirus catastrophe. On March 23, HashCash announced its upcoming “Corona Fund Index Cryptocurrency” (CFIX), which promises traders the opportunity to “earn profits even during corona-crisis induced bear market.” The press release describes the cryptocurrency as being inversely correlated to the S&P 500 through “the backing of an inverse-exchange-traded fund (ETF).” CFIX will be paired against Tether (USDT) and is slated for launch on April 2. 90% of CFIX earnings will be donated…

Legendary Silicon Valley Investor Tim Draper Bullish on Indian Blockchain and Cryptocurrency Startups

Founding partner of Draper Fisher Jurvetson (DFJ), Draper Associates, the Draper Venture Network and Draper University, Tim Draper appears to be poised to back projects in India. “The Supreme Court of India and the Indian government have shown that the best ideas ultimately prevail, and just in time, because the benefits of Bitcoin and crypto over current systems will become apparent during this crisis, stated Draper.  “…I met several Bitcoin and crypto startups while I was in India last week. I hope to be able to fund a number of…

Cryptocurrency News From Japan: March 15-21 in Review

This week’s headlines from Japan included exchange self-regulatory organization, JVCEA, suggesting guideline changes, financial institutions collaborating with a blockchain startup for asset management, GMO Coin exchange listing BAT, and news that Toyota has built a blockchain-based identity platform. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. JVCEA adds regulatory suggestions and revision regarding exchange JVCEA, a Japanese self-regulatory organization (SRO) for exchanges, proposed alterations to an upcoming initiative called the Revised Funds Settlement Law, set to come into play in the first half…

Blockchain Cryptocurrency Ripple Teams Up With Thai Remittance Payment Company DeeMoney

Sharing is caring! Enterprise blockchain payment solution Ripple has cut a deal with Thai fintech company  DeeMoney, who specialise in remittance payments, also known as cross-border payments.  Deemoney is now processing live transactions, using Ripple’s global financial platform – a  payments network which comprises more than 300 financial institutions worldwide. This allows the company to offer more efficient international money transfers at the lowest fees and best rates. “Ripple is currently at the forefront of technology and compliance regulations. Its technology provides a single, automated system that speaks the same…

Why ‘Setup’ Matters for Cryptocurrency Privacy

Privacy is a core characteristic of cryptocurrencies. Despite mainstream conception, however, it is not the primary goal of cryptocurrencies like Bitcoin (BTC) or Ether (ETH), and is more of an ancillary benefit of using cryptography. The situation is altogether different for cryptocurrencies that seek to maximize anonymity when transacting on the network. Networks like Monero (XMR) and ZCash (ZEC) have soared in popularity, making up part of the handful of leading cryptocurrencies by market cap based on strong guarantees of privacy. Both blockchains offer users virtually complete privacy assurances —…

Rapper Akon Shares Whitepaper for Upcoming Cryptocurrency

Rapper and entrepreneur, Akon, shared the whitepaper for his upcoming ‘Akoin’ cryptocurrency project exclusively with Cointelegraph. The document describes Akoin as a cryptocurrency “designed for entrepreneurs in the rising economies of Africa and beyond,” adding that the project’s mission is to “unlock the potential of the world’s largest growing workforce” using blockchain technology. Mobile credit trading in Africa The whitepaper describes Akoins as utility tokens that power “atomic swaps” between cryptocurrencies, fiat currencies, and mobile phone credits on the Akoin network. Speaking with Cointelegraph, Akon emphasized that mobile credits are…