Bitcoin from anarchist currency to Wall Street investment
The more bitcoin is incorporated into the institution, the farther away from the cyperpunk ideal. In particular, the government and institutional investors are demanding anti-money laundering standards of traditional financial sectors in Bitcoin.
Could Bitcoin be’digital gold’?
Even advocates rarely say that Bitcoin is suitable for payment anymore. Instead, they came up with the logic that Bitcoin is useful as a means of storing value. It is a so-called’digital gold’ discourse. In fact, more and more people are looking at bitcoin as an alternative investment destination for cash and gold.
400,000 → 20,000 → 600,000… Guggenheim’s bizarre bitcoin outlook
Scott Minerd, Chief Investment Officer at Guggenheim Partners, a US investment agency, has once again remarked about the long-term price potential of Bitcoin. Minard said in an interview with CNN on the 2nd (local time) that he believes that Bitcoin can go up to $600,000 each, according to a fundamental study by Guggenheim Research.
Voice phishing 30 million won, return to 64 million won
There was a voice phishing scam worth 30 million won in the cryptocurrency exchange Upbit (operating company Dunamu), but investor losses were prevented with an abnormal transaction detection system (FDS) and quick response. Upbit announced that it refunded 64 million won, more than double the damage of 30 million won, to the voice phishing victim.
People’s Bank of China and Swift establish a joint venture
On the 3rd (local time), The Block reported that the People’s Bank of China and Swift invested $12 million to establish’Finance Gateway Information Service Limited’. The joint venture was launched one year after Swift established a Chinese subsidiary to support the digitization of the Chinese renminbi.
BIS “Developing countries, CBDC faster than developed countries”
On the 27th of last month (local time), the International Settlement Bank (BIS) released the ‘3rd CBDC Survey Results’ targeting central banks in 65 countries. In its report, BIS explained that “seven out of eight central banks (excluding the Bahamian central banks that have already issued sand dollars) are developing high-level projects.”
Ripper Investments Turns Bitcoin $650 Million into Cash
British asset management firm Ruffer Investment recently turned $650 million worth of bitcoin into cash, according to The Telegraph, a British daily newspaper.
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Gdak subscribes to personal information protection liability insurance
On the 4th, G-Dak, a cryptocurrency exchange operated by Peertech, announced that it has subscribed to Meritz Fire’s personal information leakage liability insurance. Personal information protection liability insurance is responsible for damages to investors in case of personal information leakage. Gdak acquired the Information Protection Management System (ISMS) certification and is reinforcing personal information security with its own patent-based security technology.
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