Daily Roundup – September 12, 2017

Daily Roundup – September 12, 2017

According to Bloomberg, North Korea is dodging sanctions with a secret bitcoin stash. The funds are said to have partially been gained through hacks of bitcoin exchanges in South Korea.

According to CoinDesk, bitcoin OTC trading service BitKan has suspended trading citing pressure from regulators in China. This comes after rumors that OTC-based trading platforms would be except from any potential ban.

According to Business Insider, Bank of America has found that 26 percent of polled investors believe that being long bitcoin is the most crowded position right now. A long trade on the Nasdaq came in second in the poll.

According to Cointelegraph, the launch of RSK, which is an Ethereum-esque sidechain to Bitcoin, is expected to take place in December. The company behind the platform is said to be waiting for the potential confusion around the SegWit2x proposal to be resolved before launching the platform.

According to Bleeping Computer, over 1.65 million computers have been infected with cryptocurrency miners so far in 2017. This report is based on data collected by Kaspersky Lab.

Featured image via Pixabay.

About The Author

Kyle Torpey

Kyle Torpey is a freelance writer and researcher who has been following Bitcoin since 2011. His work has been featured in VICE Motherboard, Business Insider, NASDAQ, New York Post, The Next Web, American Banker, and other media outlets. You can follow Kyle on Twitter, send him an email, sign up for his daily Bitcoin newsletter, or visit his personal website.


Press Releases

Ledger Nano S - The secure hardware wallet