The Best in Crypto – 3/8/18

‘All Funds Are Safe’: Binance Denies Crypto Hack Rumors

Binance CEO said all users have their funds in their accounts, and the hackers actually lost funds as a result (Coindesk).

Statement on Potentially Unlawful Online Platforms for Digital Trading Assets

U.S. Securities and Exchanges Commission providing warning and resources on cryptocurrency trading (USEC).

Despite Crackdown on Trading, Crypto and Blockchain in China Are Alive

Demonstration of stricter crackdown, and the continuing success of Chinese exchanges (Cointelegraph).

Crypto Exchange Coinbase Launches Four-Coin Index Fund, Only For Accredited Investors

In a Medium post yesterday, Coinbase announced the creation of the Coinbase Index Fund and Coinbase Index (Cointelegraph).

Bitcoin’s Tokyo Whale Sold $400 Million and He’s Not Done Yet

Nobuaki Kobayashi has been liquidating the tokens on behalf of Mt. Gox, and has sold about $400 million worth of Bitcoin and Bitcoin Cash (Bloomberg).

Japanese Regulators Suspend Two Crypto Exchanges 

Japanese finance regulators have ordered month-long suspensions for two domestic exchanges: FSHO and Bit Station (Coindesk).

Ripple Could Be the Next Bitcoin

Breakdown of the cryptocurrency’s positive attributes (Forbes).

Here’s What it Costs to Mine Bitcoin Around the World 

Elite Fixtures compiled a list of global mining costs using average data from three mining rigs and average electricity rate from 115 countries as of January 2018. The most expensive country is South Korea, at $2617 per Bitcoin (Forbes).

 

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