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Bitmain Layoffs Could Pull Down Bitcoin Cash and Litecoin Prices in 2019, Says Crypto VC
CoinSpeaker Bitmain Layoffs Could Pull Down Bitcoin Cash and Litecoin Prices in 2019, Says Crypto VC According to Kyle Samani, after mass discharge of employees, Bitmain would liquidate its crypto-assets worth of $316 million. дальше »
2018-12-27 13:58 | |
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Investor: Bitmain Firing 80% Workforce is Bad for Bitcoin Cash and Litecoin
According to several reports, crypto mining giant Bitmain is running out of funds. And it could be bad for Bitcoin Cash and Litecoin. $315. 5 million worth of Crypto-Assets Kyle Samani, the co-founder of Multicoin Capital, a crypto fund, warned in a Tweet that Bitmain would liquidate its crypto-assets to accumulate fiat-funds for its business operations. дальше »
2018-12-26 17:27 | |
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Tron (TRX) Blockchain Records more than 1 Million user Accounts in less than One Year
Young Tron Founder, Justin Sun could not just be described as a visionary leader but as an achiever, since recently released data shows that the Tron (TRX) network has surpassed one million created user accounts in less than 1 year of the launch of Tron Mainnet. дальше »
2018-12-26 23:33 | |
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Ethereum price analysis: Reaching $120 could turn this into a decent bull run
Ethereum blockchain recorded 516,697 transactions in the last 24 hours which earned around $31k in fees for the miners. The volume of on-chain transactions was just above $163 million and the volume traded on exchanges was more than $2 billion. дальше »
2018-12-19 07:50 | |
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CashBet Lawsuit Could Herald Torrent Of ICO Investor Claims
New York, May 2018. CoinDesk and The Hilton Midtown have prepared for around 4,000 attendees at the Consensus Blockchain Technology Summit. But they came in greater numbers… well over 8,000 people mill and shill around the overheated lobby, and procuring a fresh bagel may be tougher than raising a couple of million for a hypothetical dApp. дальше »
2018-12-18 21:01 | |
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Pixowl’s Sandbox Decentralized Blockchain Gaming Platform Opens $2 Million Creator Fund
Pixowl recently created a Creator Fund worth $2 million. It will reward its artists when they create items for The Sandbox blockchain-based game. Animoca Brand bought Pixowl in August at $4. 875 million. дальше »
2018-12-18 19:36 | |
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GSR Capital Hires Overstock’s tZERO to Develop a Crypto Token to Trade Rare Metal Cobalt
tZERO, a subsidiary of Overstock, has recently been hired by GSR Capital, a private equity company, in order to develop a new crypto token which will be used specifically for trading cobalt. According to the official report made from Overstock, the new token could lead $200 million USD worth in minerals to be fully tokenized. […] дальше »
2018-12-18 01:57 | |
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Overstock’s tZERO to Develop a Cobalt-Backed Token for Hong Kong Investor
The engagement could lead to the tokenization of up to $200 million worth of cobalt, which is used to make electric vehicle batteries, in 2019. дальше »
2018-12-18 21:40 | |
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U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam
Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32. 5 million) from the exchange in February. The company claimed “it fell victim” to an elaborate scam orchestrated in collusion with three of its clients. дальше »
2018-12-14 21:00 | |
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Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement
Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company money for prostitutes, business acquisitions and luxury items, is facing charges of transferring $3 million of client funds to his own account for investment in a software […] The post Former Mt. дальше »
2018-12-13 23:15 | |
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Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions
Last week, it was reported that a Bitcoin whale had moved thousands of bitcoin into different wallet addresses. Between December 1 to December 6, 2018, the whale split 856,000 bitcoin between 107 wallets, sending an equal 8,000 BTC into each wallet. дальше »
2018-12-12 23:53 | |
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Google+ will die 4 months sooner thanks to new bug affecting 52 million users
After announcing in October it would be shuttering Google+, its little-loved social media site, Google today announced that, thanks to yet another security flaw, the end would have to come much sooner than originally expected. дальше »
2018-12-10 21:38 | |
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Bitmain Q3 Figures Leak And Could Spell Disaster For The Bitcoin Mining Leader’s Upcoming IPO
Bitmain’s Leaked Q3 Figures Could Spell Disaster For The Firm’s Upcoming IPO According to Twitter user BTCKING555, Bitmain’s third-quarter (Q3) financials have been leaked onto the internet and it appears as though the company has lost a whopping total of $740 million during the aforementioned time period. While no official statement has been released by […] дальше »
2018-12-5 20:03 | |
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South Korea Is Trialing Blockchain Voting — Here’s What That Means
South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time. дальше »
2018-12-4 21:41 | |
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Ohio Technology Funds Announce $100M Support for Blockchain Startups
Recently, the CEO of Ohio-based nonprofit JumpStart Inc. announced that his company, along with six others, would invest vast sums of money into Ohio’s blockchain startups. дальше »
2018-12-3 19:32 | |
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Pirated Content and Software Drives Malicious Crypto Mining, Says New Report by Kaspersky Lab
Cryptocurrency mining malware attacks, which infected over five million people in the first three quarters of 2018 alone could be entering your systems via pirated software and content. Malicious cryptocurrency mining is the biggest threat to internet users in 2018, leaving behind ransomware which had been most prevalent over the last few years. дальше »
2018-11-30 15:59 | |
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AriseBank CEO Charged in $4 Million Alleged ICO Scam
Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. дальше »
2018-11-30 23:03 | |
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Blockchain CEO faces 120 years in prison for $4M cryptocurrency scam
The CEO of blockchain startup AriseBank, Jared Rice, is facing up to 120 years in prison for duping numerous investors out of $4 million in a cryptocurrency scheme. Rice promised his cryptocurrency would offer Visa-like functionality, but instead he spent investors’ Bitcoin on hotels and clothes. дальше »
2018-11-29 14:43 | |
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Amidst Dwindling Prices, Steemit Lays Off 70% of Workforce
Blockchain-based social media platform Steemit Inc. , the company behind popular open source website Steemit. com, has announced a structural reorganization which will entail laying off 70 percent of its workforce as it looks for new ways to cut costs and remain sustainable as a business. дальше »
2018-11-29 22:53 | |
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A First: U.S. Treasury Makes Bitcoin Addresses Focal Point in Sanctions
For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals. дальше »
2018-11-29 21:41 | |
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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum
Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat. дальше »
2018-11-28 01:21 | |
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Vinny Lingham Warns Of ‘At Least’ 3-6 Months Of Bitcoin Price Under $5K
Civic CEO Vinny Lingham forecast the Bitcoin price to remain below $5000 for at least three to six months this week as sentiment throughout the industry takes a beating. $3K Bitcoin Price ‘Could Go’ Speaking in an interview with CNBC November 26, Lingham, whose Civic raised $33 million in an ICO last year but now trades below its original market cap, joined analysts such as Tone Vays in delivering a more bearish mid-term outlook for Read More The post Vinny Lingham Warns Of ‘At Least’ 3-6 Months Of Bitcoin Price Under $5K appeared first on Bitcoinist.com. дальше »
2018-11-27 13:00 | |
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$5 Million Lawsuit Against Bitmain Filed in Northern California
A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment. дальше »
2018-11-27 21:38 | |
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Stress Test Shows Dash Scalable To 3M Daily Transactions
New test results suggest Dash (DASH) is a near-infinitely scalable cryptocurrency network. The head of Dash Core believes it could soon rival centralized payment providers, including PayPal. A stress test two weeks ago found the Dash protocol could process 3 million transactions within a 24-hour period. дальше »
2018-11-24 20:30 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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Canadian Court Takes Custody of Crypto Exchange’s Frozen Funds
The Ontario Superior Court of Justice has recently moved to take custody of a large sum of assets from a crypto exchange currently frozen in accounts at the Canadian Imperial Bank of Commerce (CIBC). дальше »
2018-11-15 22:14 | |
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Crypto mining farms in China were suspended for strict tax inspections
Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks, CCN reported. дальше »
2018-11-14 18:34 | |
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Bitcoin beats iTunes vouchers as preferred payment for Australian scammers
In what could be one of the strangest milestones in cryptocurrency history, Bitcoin is now the preferred payment method of Australian tax scammers, surpassing iTunes vouchers for the first time. дальше »
2018-11-14 13:02 | |
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Ripple Files to Move Securities Lawsuit from State to Federal Court
Ripple’s legal team in their ongoing securities suit is attempting a new tack: to have the claim proceed at the federal level. In a move that legal commentator Jake Chervinsky described as “seriously crafty,” Ripple has filed a formal notice-of-removal motion to have their most recent securities suit, Zakinov et al v. дальше »
2018-11-14 00:41 | |
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New website to use Brave and BAT for monetization is Imgur?
The guessing which site could be the next publisher to use BAT monetization model is picking up after BAT and Brave CEO, Brandon Eich spoke on the whatbitcoindid podcast (53m:50s) and said this: I’m gonna tell a story about a site and you can guess which it is, has 80 million adblocking users a month…many more non […] The post New website to use Brave and BAT for monetization is Imgur? appeared first on CaptainAltcoin. дальше »
2018-11-11 13:54 | |
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SEC charges EtherDelta founder with running unregistered securities exchange
In what could prove to be a groundbreaking case, the US Securities and Exchange Commission has charged the founder of cryptocurrency trading platform EtherDelta, Zachary Coburn, with running an “unregistered national securities exchange. дальше »
2018-11-8 18:51 | |
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Xprize winning air-water conversion device leaves us thirsty for more
On October 22, the Skysource/Skywater alliance won the ‘Water Abundance Xprize’ and a reward of $1. 5 million for its device that could extract water from atmospheric moisture. While some news reports claimed that the device could solve the world’s water crisis, hydrologists and water conservationists caution that this isn’t a silver bullet solution. дальше »
2018-11-5 19:58 | |
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Winklevoss Twins Sue Charlie Shrem For Allegedly Stealing 5,000 Bitcoin
The Winklevoss twins have filed a lawsuit against bitcoin investor Charlie Shrem, alleging that Shrem “stole” 5,000 bitcoins from them in 2012. According to a recent report released by the New York Times, Charlie Shrem has made several large purchases over the past year, including multiple real estate properties, luxury cars, powerboats and a $2 million house. дальше »
2018-11-3 20:19 | |
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Unchained Capital Revamps Loans With Multi-Party, Multi-Sig Storage
Blockchain financial service company Unchained Capital will now offer multi-signature and multi-institution cold storage solutions for borrowers who leverage its crypto-collateralized loans service. дальше »
2018-11-2 21:42 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round
Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post. дальше »
2018-10-31 20:51 | |
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Altcoin.io’s New Open-sourced Atomic Swap Wallet Will Help Developers
Decentralized cryptocurrency exchange Altcoin. io recently raised over $1 million through a WeFunder crowdfunding campaign. The platform has now open sourced its Atomic Swap Wallet that helps developers learn about and build on blockchain technology. дальше »
2018-10-29 22:29 | |
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Three Years Later, Ethereum’s Hottest DApps Are (Still) ICOs and Cats
With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain. дальше »
2018-10-30 21:45 | |
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“Coinbase Could Compete With the New York Stock Exchange and Nasdaq” Danny Masters says
Coinbase’s success has not gone unnoticed by the great strategists of the world of finance. The famous multi-service company focused on trading and warehousing of crypto assets has more than 13 million customers and reported revenues of over $1 billion in 2017. дальше »
2018-10-29 21:17 | |
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Tron Gives $3,000,000 to Charity as Justin Sun Prepares to Speak at UNCTAD Event
The Tron Foundation is working to create a decentralized platform that can cater to the needs of millions of people. It is also involved with charitable causes. Recently, Tron donated $3 million to Binance’s Blockchain Charity Foundation (BCF). дальше »
2018-10-24 16:29 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Caspian Completes Token Sale Early After Raising $19,500,000
Institutional trading could get a head start in the cryptocurrency sector as trading platform Caspian closed its token sale early, after raising $19. 5 million. The platform’s partnerships with BitMEX, Coinbase, Gemini, OSL and advisors like Ari Paul and Mike Novogratz have helped it gain more interest amongst the investors. дальше »
2018-10-23 19:29 | |
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Ryan X Charles: Bitcoin To Hit $1 Million If Adopted As World Money
Lately, there has been lots of talk about how the Bitcoin market could drastically swing up if the crypto were to be widely adopted as the top means of payment in digital form. As a matter of fact, it wouldn’t be far-fetched to opine that such a scenario isn’t really entirely impossible. дальше »
2018-10-22 19:58 | |
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Tiger Global’s $500 Million Investment in Coinbase Could be a Part of its $3.75 Billion Fund
Tiger Global has successfully raised $3. 75 billion in its latest venture capital fund, and the crypto-sphere is speculating if its $500 million Coinbase investment could be a part of it. Tiger Global’s multi-billion dollar fund, which has been named Private Investment Partners XI, is aimed at consumer internet, cloud and industry-specific software, and direct-to-consumer companies. дальше »
2018-10-22 19:30 | |
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Crypto Startup dYdX Lets You Short Ethereum [ETH], Raises $10 Million
A five-person company dYdX recently raised $10 million from investors. The crypto-based company has developed a new margin trading protocol on the Ethereum network and allows people to create new financial products. дальше »
2018-10-22 17:59 | |
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