By CCN Markets: According to The Korea Herald, Bithumb and four other major crypto exchanges in South Korea have formally changed their terms of service to become liable for potential hacking attacks that may affect users. The report read: “Five cryptocurrency exchanges have changed their terms of service in a way that they can be liable for problems caused by potential cyberattacks or system malfunctions, even if operators are not willfully or grossly negligent, South Korea’s antitrust regulator said Monday.” The change in terms of service by exchanges follows the encouragement of the Korea Blockchain Association toward exchanges to establish
Rising cryptocurrency markets may once again arouse the interest of new investors. The crypto space has its specifics and it takes some effort to acquaint oneself with the terminology. Decryptionary has been created to impart the basic information you need to start understanding Bitcoin better.
Also read: How to Generate QR Codes for Crypto Payments
Get a Handle on Crypto Buzzwords
Decryptionary provides concise definitions of many terms that are widely used in the crypto industry. You have the option to look up a specific word or phrase relating to cryptocurrencies and distributed ledgers using the site’s search bar. Alternatively, you can access the full contents of the online dictionary where entries are listed by first letter or number.
In this edition of The Daily, Bitmex has updated its Terms of Service. The revised rules prohibit residents of certain countries, including the U.S., from trading digital assets on the platform. Also, the native token of the leading crypto exchange Binance, BNB, has hit a record price against BTC. And in Malta, companies from the crypto industry are facing limited access to banking services.
According to an October 18, 2018, update, “the websites and the services offered by Poloniex (as defined below) are NOT addressed to persons who have their registered office or place of residence in China, Germany, Pakistan, the U.S. states of New Hampshire, New York or Washington, Vietnam or any other Restricted Territories as defined in Section 37.”
**On today’s episode of The Cryptoverse:**
Bitcoin Cash starts gaining some momentum.
Poloniex publishes a new INSANE set of terms and conditions.
And a young man from the UK begins experimenting with solar powered mining rigs.
Learn how to make money with Bitcoin and cryptocurrencies at:
**Request a video topic here**
**Please Support The Cryptoverse And Boost Cryptocurrency Adoption By Becoming A Patron:**
**Tip Me With Crypto:**
**My Social Channels**