Bitcoin This Week: Bithumb Suspends New Accounts, Crypto TV Will Mine While You Watch And More Subscribe: http://bit.ly/CryptoCoinNewsYT
Bithumb Suspends New Accounts
Bithumb, the South Korean change on the centre of a $31 million hack in June, has suspended new accounts as a result of its banking associate NH Nonghyup Bank has but to resume its contract. Bithumb had said in a weblog submit that the suspension of recent accounts was because of “service improvement processes”.
Crypto TV will Mine While You Watch!
Couch potatoes might be delighted to study that they could quickly be capable to earn cash whereas doing nothing greater than watching TV. According to stories this week, Canaan, the world’s second largest Bitcoin mining firm, intends to launch a bitcoin-mining tv set.
Okex Claws again $9M From Investors
Okex must claw again at the very least $9 million from traders following the spectacular failure of a colossal Bitcoin Futures gamble by a single investor. The investor had taken a protracted place on over four million Bitcoin contracts, every valued at $100, and refused Okex’s request to partially shut some or all the positions to “reduce the overall market risk”.
“Crypto Netflix” Listed on London Stock Exchange
Argo has turn into the primary crypto mining firm to listing on the London Stock Exchange. The firm accrued $6 million greater than the $26 million it had hoped to lift in its IPO. Executive Chairman Jonathan Bixby mentioned he was “delighted with the strong response from investors”.
Bitcoin Goes Back To Below $7,000
At the tip of a bruising week for Bitcoin, there may be nonetheless no letup within the crypto’s week lengthy decline in fortune. Having fallen by the $8000 mark earlier within the week, Bitcoin opened on Thursday at $7634 and fell barely to shut at $7567. It continued to say no on Friday, hitting a low of $7328 earlier than closing at $7434. Saturday was worse, with a pointy decline of $500 over a interval of some hours bringing the crypto beneath $7000 for the primary time since July 17th.
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