Right here’s what occurred this week in Bitcoin in 99 seconds.
The long-running change LocalBitcoins removed the ability for customers to rearrange in-person money trades. Solely on-line fee strategies stay. This transfer comes quickly after the imposition of extra stringent KYC and AML necessities, and spells the tip of an period. Bisq, HodlHodl, LocalCoinSwap and numerous different providers nonetheless provide money buying and selling with out ID necessities.
Yahoo! Japan owns a 40% stake within the new Taotao change which launched this week. This fully-regulated change at present affords Bitcoin and Ethereum buying and selling, with different main alts coming quickly. The brand new change additionally affords a cellular app.
A report from the UN on North Korea’s intensive monetary and crypto hacking actions suggests that South Korean UpBit customers had been hit with phishing assaults, allegedly from the North. Hackers despatched an electronic mail purporting to be from the change to South Korean customers, attractive them to run a malicious file with the promise of a big windfall payout.
The Abra cellular crypto app introduced the enlargement of its Bitcoin-powered funding service to 150 countries, excluding the US. Buyers can use BTC to take small positions in shares, commodities, ETFs, fiat and cryptocurrencies – with no buying and selling charges.
And at last, Coinbase has added support for the EOS cryptocurrency for its retail clients. The brand new choice is permitting customers to purchase, promote, convert, ship, obtain or simply retailer EOS. The token was added to its Professional platform again in April.
That’s what occurred this week in Bitcoin. See you subsequent week.