Bitcoin and cryptocurrency round-up: 18 April 2018

Posted: 18 April 2018 5:48 pm
News

What's happening in cryptocurrency?

Verge meets Pornhub, New York exchange investigation, Chilean clash, Korean self-regulation and the HODL waves.



1. Despite a master stroke, Verge is losing its grip

One of the most hotly anticipated and all-around weird sprees of partnership hype in cryptocurrency history has just gotten weirder.

It's not your everyday crypto meets porn site meets hackers story.

2. Delving deep into factual territory

The New York Attorney General's office is putting the pressure on cryptocurrency exchanges to do their homework – rather a lot of it.

It's a tight timeline, but those who are doing the right thing already have it mostly done.

3. Rumble in the mountains

Things are heating up in Chile, with local cryptocurrency exchanges getting abruptly barred from banking services, then turning around and taking the issue to the courts.

Banks remain a weak link for cryptocurrency exchanges everywhere.

4. South Korea's exchanges solemnly swear they're not up to no good

South Korea's exchanges are committing to self-regulation, and regular audits by their own industry association starting next month.

Details are still being hammered out, but auditing is on track.

5. Go agog at coinage coin age

The blockchain lets you get insights for bitcoin that you can't with traditional assets.

One of these is coin age, which reveals some very interesting (and colourful) HODL waves.


Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, BTC, NANO

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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