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Blockchain startup hacked itself to ‘save’ $13M of its users’ cryptocurrency
A blockchain startup hacked its users’ wallets to save $13 million in Bitcoin and other cryptocurrency from being stolen, ZDNet reports. Security researchers advised the Komodo Platform of a ‘backdoor‘ in Agama, one of its older wallet apps, that would have allowed hackers to siphon any and all digital assets held inside. дальше »
2019-6-6 17:52 | |
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Despite $1.2B Valuation, Ethereum Co-Founder’s Polkadot Project Could Be Having Troubles
Coinspeaker Despite $1. 2B Valuation, Ethereum Co-Founder’s Polkadot Project Could Be Having TroublesIt seems that Ethereum Co-Founder's Polkadot project might not be able to raise $60 million as previously expected. дальше »
2019-6-6 11:33 | |
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SEC Sues Kik Over Illegal Security Token Kin, The Outcome Could Change Crypto Forever
As expected, the United States Securities and Exchange Commission has sued Kik Interactive Inc. The regulatory body alleges that the social messaging firm turned crypto company broke securities laws when it held its $100 million ICO in 2017. дальше »
2019-6-5 00:00 | |
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SEC Charges Kik (KIN) for Running Unregistered ICO, Could Clarify Crypto Regulations
The United States Securities and Exchange Commission announced today that it is suing Kik Interactive Inc. for conducting an illegal $100 million ICO. We are excited to finally get the clarity we all need. дальше »
2019-6-5 22:48 | |
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Quest Patient Data Exposed: Could the Blockchain Have Prevented It?
By CCN: A major data breach has rocked Quest Diagnostics, exposing the personal details of nearly 12 million patients in the process. The incident, which was reported in a public filing, occurred on May 14 after centralized third-party billing company American Medical Collection Agency (AMCA) informed the diagnostic testing company about “potential unauthorized activity” on a “web payment page. дальше »
2019-6-4 01:15 | |
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Global crypto-adoption: National Bank of Belarus could invest in $637M seaport project in Vietnam via Relex crypto model
The cryptocurrency ecosystem received a major validation in terms of adoption as it was announced that Relex, an investment platform which uses virtual assets, was “endorsed” by a massive $637 million seaport development project. дальше »
2019-6-2 15:30 | |
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EOS: Block.One’s highly anticipated ‘big announcement’ leaked
Block. One, at the end of May, announced that “something big was going to happen” on June 1 in Washington DC. There were no further details revealed as to what the announcement was or what it could lead to. дальше »
2019-6-1 14:45 | |
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Australian Government Publishes Update on Cryptocurrency and ICO Rules
The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs). дальше »
2019-6-1 19:04 | |
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Op Ed: Debunking Bitcoin Myths: The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-6-4 23:41 | |
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Op Ed: Debunking Bitcoin Myths, The ‘Intrinsic Value’ Fallacy
A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against Bitcoin. One of the earliest criticisms of Bitcoin was that the underlying token in the system had no intrinsic value. дальше »
2019-5-31 23:41 | |
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Kik Fortifies War Chest to Battle SEC Lawsuit Over $100 Million ICO
By CCN: Canadian mobile-messaging company Kik is preparing to fight the SEC tooth-and-nail when the agency sues the firm over its $100 million ICO. Many companies settle to avoid a protracted and expensive legal war. дальше »
2019-5-31 17:36 | |
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Why Spending $3.5 Million for Lunch with Warren Buffett Is a Bad Idea
By CCN: A charity auction is underway and lunch with Warren Buffett is up for grabs. The latest bid reportedly topped $3. 5 million. There’s a sick irony in that Warren Buffett himself would tell that bidder not to waste his money on such a lousy investment. дальше »
2019-5-30 04:00 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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IBM’s $1 Million Bitcoin Bull Mysteriously Exits Tech Giant as Global Blockchain Lead
By CCN: IBM’s head of blockchain Jesse Lund has reportedly left the company. Lund previously predicted the Bitcoin price could hit $1 million within our lifetime, citing the scarcity and growth of interest in the space. дальше »
2019-5-29 09:21 | |
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Why Facebook’s Foray into Crypto Could be Fruitless
Mainstream media was abuzz last week with the news that Facebook has plans to launch its own digital token, ‘GlobalCoin’. This highlights the ignorance that big news outlets have, as Facebook really is ill-suited to have anything close to what we consider cryptocurrency. дальше »
2019-5-29 07:00 | |
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As Cryptopia Enters Bankruptcy, Its Users Still Suffer
New Zealand crypto exchange Cryptopia was awarded provisional relief by a bankruptcy court in the Southern District of New York. However, if it doesn't come up with $2 million, the Arizona-based company that stored its data could terminate its services, meaning Cryptopia could lose important US user information forever. дальше »
2019-5-28 19:40 | |
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This Surging Cryptocurrency Spiked 200% in 2019, Could Amazingly Double Before 2020
By CCN: The EOS fireworks are just getting started. The commonly touted fundamental factors are June’s Block. one event in Washington and the purchase of 3. 3 million tokens worth of RAM described as pushing the price up. дальше »
2019-5-28 17:02 | |
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Robinhood Crypto Trading App Looks to Secure $200 Million In Funds Per Bloomberg Report
Robinhood, the crypto and stock trading app popular among Millennials, is ready to raise $200 million in a funding round. This is according to a recent report released by Bloomberg. The report says that a source familiar with the matter explained some of the details of this new funding round. Robinhood App Could Raise $200 […] дальше »
2019-5-26 18:18 | |
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Robinhood Attracts $200 Million as Valuation Swells to $7 Billion: Report
By CCN: Who says millennials don’t like to save and invest their money? By building a commission-free stock brokerage and trading app with a slick interface, Robinhood has built a $7 billion business in just six years. дальше »
2019-5-25 05:00 | |
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Infographic: An Overview of Compromised Bitcoin Exchange Events
The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2. дальше »
2019-5-25 21:56 | |
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Buffett’s Amazon Stock Hoard Will Be Worth $1.4 Billion in 24 Months
By CCN: In a shockingly-bullish call, Piper Jaffray predicts that Amazon stock will surge to $3,000 in as little as two years. That means Warren Buffett and Berkshire Hathaway’s recent $900 million AMZN acquisition could be worth $1. дальше »
2019-5-25 18:42 | |
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It’s Bitcoin Pizza Day: Here’s How You Can Buy a Pie with Crypto
By CCN: Nine years ago today, Laszlo Hanyecz, an early adopter of Bitcoin, offered 10,000 BTC for two pizzas. He was taken up on that offer and recently told Bitcoin Magazine that he spent as much as 100,000 BTC on pizza that same year. дальше »
2019-5-23 01:00 | |
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The Worst Investment of All Times? Bitcoin Pizza Guy Could Have Had $800 Million Today
Coinspeaker The Worst Investment of All Times? Bitcoin Pizza Guy Could Have Had $800 Million TodayThe Bitcoin pizza guy doesn't regret having spent 100,000 BTC in the course of 9 years and is even proud of being among the first Bitcoin supporters. дальше »
2019-5-22 14:33 | |
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55,000 Brazilians scammed out of $200M+ worth of fake cryptocurrency
A Brazilian cryptocurrency crime cartel has been shut down after conning over 55,000 investors for over $200 million. The cartel ran an unlicensed financial institution without authorization from Brazil‘s Central Bank. дальше »
2019-5-22 12:25 | |
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Dutch Man Arrested for $111 Million Fake Mining Scheme
On March 21, 2019, Dutch news outlet NL Times reported that “Berry van M. ,” a 33-year-old Dutch businessman and the operator of now-defunct trading platform Koinz Trading, has been arrested on charges of deceiving investors with a bogus bitcoin mining scheme. дальше »
2019-5-21 19:56 | |
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Game of Thrones: One Chart Exposes GoT Haters as Pretentious Liars
By CCN: Despite snot-nosed viewers of the fantastic “Game of Thrones” finale carrying digital pitchforks and torches to HBO HQ, the episode pulled in 19. 3 million viewers– the most of any episode this season. дальше »
2019-5-21 01:00 | |
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Can Bitcoin Help The Venezuela Crisis As Country Pawns Off Gold, Petro Dollar Slides Further Down
Could Bitcoin Help Venezuela Crisis? According to the International Organization for Migration, a long period of serious political instability and economic crisis has caused the largest Latin American emigration seen in recent times from Venezuela. дальше »
2019-5-20 19:01 | |
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Bitcoin Cash [BCH] vs Bitcoin SV [BSV] Price Analysis: Bulls and bears in tug-of-war for control of market
The market has still not recovered from the Bitcoin debacle according to CoinMarketCap and a few coins could still be seen on the negative end. BCH, at press time, stood at the price of $357. 79 with a market cap of $6. дальше »
2019-5-19 20:30 | |
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Ripple (XRP) Bulls Firm Despite Coin Metric Report
Ripple (XRP) up 25. 6 percent Ripple Labs exposed by Coin Metrics as David Schwartz says it is a “timeline issue. ” Coin Metrics now reports that Ripple Labs did under-reported the number of XRP released from escrow by a total of 200 million XRP while implementing the “escrow queue” differently than announced. дальше »
2019-5-18 19:15 | |
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Op Ed: A Summary of
In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants. дальше »
2019-5-18 22:14 | |
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Vicious Crypto Crash Could Supercharge Bitcoin Price Rally to $20,000
By CCN: Bitcoin’s mammoth rally suffered a devastating setback on Friday when a $35 million sell order triggered a vicious flash crash on Bitstamp. By the time the dominoes had stopped falling, the bitcoin price had plunged as low as $6,894, and more than $32 billion had vanished from the crypto market cap. дальше »
2019-5-18 18:41 | |
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These Two Blockchain Start-Ups Pulled an $8 Million ICO Exit Scam
By CCN: Two blockchain companies, JoyToken and RepuX, have been dissolved, according to UK business records. Both companies were founded and ICO-funded on the direction of the same people. A Reddit user broke down the scandal for r/CryptoCurrency, hoping someone might have more information. дальше »
2019-5-18 18:29 | |
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Sources Whisper Brave Web Browser Is Ready To Attract $30 Million In Funding Round
The recognized and popular web browser Brave could be trying to gather a larger amount of funds in the near future. The firm has already launched $35 million in less than a minute in 2017 but the intention is to keep expanding and growing with more funding. дальше »
2019-5-17 05:23 | |
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Tether and Bitfinex Ask New York Attorney General for Fund Accessibility
Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens. дальше »
2019-5-16 18:51 | |
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Bitcoin (BTC) at $1 Million is Perfect, Adoption and Scarcity As Accelerants
John McAfee is adamant that Bitcoin (BTC) prices will surge to $1 million. Well, with fundamental and technical factors, his assertion could be true. The post Bitcoin (BTC) at $1 Million is Perfect, Adoption and Scarcity As Accelerants appeared first on Ethereum World News. дальше »
2019-5-14 17:30 | |
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Irish Hacker and Cohort could be Sentenced for Stealing $2.4 Million Worth of Cryptocurrencies
A group of six hackers by the name “The Community” are to be sentenced to more than 20 years each in prison for stealing more than $2. 4 million worth of cryptocurrencies using multiple SIM swap attacks, Independent IE reported May 13, 2019. дальше »
2019-5-14 05:00 | |
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Xbox Two Could Thrash Sony PS5 in the Next Round of the Console Wars
By CCN: Sony’s PlayStation 4 dominated this round of the console wars, leaving Microsoft’s Xbox One in second place year after year. The lifetime sales of the PS4 just crossed 94 million, while the Xbox One is way behind with just over 42 million in sales since launch. дальше »
2019-5-14 00:16 | |
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700 Million Idle Devices Could Be Earning Crypto, Says CPUcoin
Computers depreciate fairly quickly, but soon there may be a way to put those old laptops to use. CPUcoin is planning to launch a testnet for a new sharing economy, where users can sell their idle processing power in exchange for cryptocurrency. дальше »
2019-5-14 21:21 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Hacked Exchange Binance to Resume Withdrawals and Deposits, Could Spark Raging Crypto Rally
By CCN: The world’s largest crypto exchange Binance, which temporarily paused deposits and withdrawals following its high profile hack that resulted in the loss of around $49 million worth of bitcoin, is set to fully resume deposits and withdrawals on Tuesday. дальше »
2019-5-13 16:10 | |
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Spotted at Consensus New York: eBay hints at crypto acceptance
eBay could be about to enter the crypto world. If advertisements at the Consensus conference in New York are true, the e-commerce giant could be adopting crypto payments in the immediate future. “Virtual Currency. дальше »
2019-5-13 16:07 | |
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SIM-swappers face hundreds of years in prison for $2.4M cryptocurrency theft
An Irish man, part of a hacking group called “The Community,” is facing upwards of 100 years in a US prison after allegedly stealing over $2 million worth of cryptocurrencies in a series of SIM-swap attacks. дальше »
2019-5-13 13:04 | |
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eBay to Accept Crypto? New York Adverts Hint at Huge Mainstream Breakthrough
By CCN: eBay is readying support for “virtual currencies” and “digital collectables” if new promotional adverts are to be believed. Spotted at the Consensus conference in New York, the banners suggest eBay is about to enter the cryptocurrency arena in what would be a major mainstream breakthrough. дальше »
2019-5-13 13:01 | |
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French Multinational Financial Institutions Settle $112 Million Transaction on Ethereum
Societe Generale S. A. , one of the largest financial institutions in France, issued covered bonds worth $112 million in the form of security tokens using the Ethereum blockchain. It was a pilot program to test how the use of blockchain and cryptocurrency could reduce the time and cost of settlement of securities, reported Bloomberg, May 09,Read MoreRead More. дальше »
2019-5-11 09:00 | |
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Bitcoin’s Software Has Been Rolled Back Before
When Binance lost $40 million to hackers this week, the crypto community discussed reorganizing the chain after it was suggested by a developer from MIT. Many people were upset by this proposition, declaring that there was no way a coordinated effort with miners could be pulled off. дальше »
2019-5-10 00:35 | |
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Binance Reveals Hack Information as Security Becomes a Public Concern
This article was originally published by 8btc and written by Vincent He. Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $6,000. As the whole cryptocurrency industry was enjoying the rise, an unexpected hack put a stop to the rise of bitcoin. дальше »
2019-5-10 18:48 | |
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$41 Million Binance Heist Will Trigger Regulators, Warns Billionaire Bitcoin Bull
By CCN. com: Bitcoin bull and the CEO of digital assets merchant bank Galaxy Digital, Michael Novogratz, has warned that the hacking suffered by the world’s largest cryptocurrency exchange Binance could invite more investor scrutiny. дальше »
2019-5-8 16:43 | |
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Bitcoin Could Badly Spoil Australia’s Cash Payment Crackdown Plan
By CCN: Bitcoin is a lousy tool to launder million and billions worth of cash. But the same cannot be said about a mere $6,989, as not noted by Malcolm Turnbull. The former Australian Prime Minister led his office to launch a crackdown on cash-in-hand payments. дальше »
2019-5-7 22:00 | |
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EOS May Slash Inflation and Burn $100 Million of Unused Crypto
The EOS community is pressing for the cryptocurrency’s annual inflation rate to be reduced. Right now, EOS experiences a yearly inflation rate of 5%, which could rapidly devalue the token. дальше »
2019-5-6 17:42 | |
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