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Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! A national banking group representing South Korea’s commercial banks will launch a customer ID verification powered by blockchain technology in July. The Korea Federation of Banks (KFB) will officially launch “BankSign”, a blockchain-based identity verification platform that will enable retail domestic banks to improve a decades-old verification system with digitization in both online and mobile banking, the Korea JoongAng Daily confirmed. Until this year, Read more …

Crypto-video games are finally here, except that they aren’t. Over the past few months, a steadily increasing stream of computer games have appeared that have used cryptocurrencies in one way or another, yet despite their growing frequency only a small number of these have actually used the mechanics of Ethereum or Bitcoin to provide a decentralized gaming experience. In fact, the majority of them could be passed off for traditional games without anyone batting an eyelid, since the use of Read more …

Bitcoin (BTC) is looking to regain poise after its drop to two-month lows on Sunday, but the recovery will likely be short-lived, the technical charts indicate. At press time, BTC is changing hands at $6,825 on Bitfinex – up 3 percent from the two-month low of $6,619. The recovery could be associated with extreme oversold conditions highlighted by the relative strength index (RSI) yesterday and could be extended further in the next 24 hours. However, crossing $7,000 in a convincing Read more …

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! The historic summit between US president Donald Trump and North Korean Supreme Leader Kim Jong-un just on its own is a multifaceted historic event with plenty to keep the media busy. And yet, somehow we find ourselves with yet more angles to the events in Singapore, with former NBA star player Dennis Rodman doing the work of attaching another topic that is a favorite Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The first step towards blockchain interoperability The crypto world took a giant leap forward this week with Essentia announcing their multi-chain passwordless dAppstore. This innovation has led many to believe the future of interoperability between Read more …

Key Points Bitcoin price found support near $6,620 after a major decline against the US Dollar. Yesterday’s highlighted important bearish trend line was breached with resistance at $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently correcting higher towards a few important resistances such as $7,000 and $7,200. Bitcoin price is recovering from the $6,600 support area against the US Dollar. BTC/USD might correct further in the near term, but it could Read more …

A national banking group in South Korea is to roll out a blockchain-based ID verification system for domestic commercial banks in just weeks. According to a notice revealed on Monday by the Korea Federation of Banks (KFB), the new system – dubbed BankSign – is scheduled to be launched in July following a testing phase that began in April of this year. Built on top of Nexledger, a private blockchain platform developed by Samsung’s enterprise solution division, BankSign will offer Read more …

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! The United Kingdom’s financial regulator and watchdog has urged bank CEOs to follow good practices to lessen the risk of financial crimes brought on by the abuse of cryptocurrencies. In a letter [PDF] addressed to domestic bank CEOs, the UK’s Financial Conduct Authority (FCA) specifically urged financial institutions to ramp up their scrutiny of clients who ‘derive significant business activities or revenues from crypto-related Read more …

The Daily The big story of the day is that a cannabis-themed cryptocurrency has been able to stage an international media coup, capturing the attention of news organizations around the world during a historic moment. Additional stories covered in today’s edition of Bitcoin in Brief include Coinbase pumping ETC and Binance’s plans to add EUR. Also Read: Canadian Exchanges to Report Transactions Over $10k per Proposed Regulations POT Prevents Nuclear Armageddon There are three ways to go if you want to Read more …

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to george@cointelegraph.com. The views and opinions expressed here are solely those of the author and do not necessarily reflect the Read more …