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Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?
The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3. дальше »
2019-2-19 16:53 | |
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Ternio blockchain accepted as Amazon Advanced Technology Partner
Ternio, a scalable blockchain architecture for enterprise organizations, has announced its acceptance as an Amazon Advanced APN Technology Partner. Ternio’s patent-pending Lexicon framework has made headlines in recent months as the only scalable blockchain framework capable of supporting over one million transactions per second, fully... Source дальше »
2019-2-20 15:55 | |
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Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud
There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. дальше »
2019-2-19 00:19 | |
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Modulus CEO on the Coinmama breach: 2FA is the easy way to enhance security apparatus
Yesterday, it was reported that Coinmama, an exchange with 1.3 million active users across the globe, suffered a security breach yesterday. That breach resulted in the theft of 450,000 email address and hashed password combinations. It was part of a broader attack which hit...Source дальше »
2019-2-18 23:03 | |
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Bitcoin Trading Volume In The USA & Indonesia On LocalBitcoins Reaches All Time Highs
Bitcoin Trading Volume In The USA & Indonesia On LocalBitcoins Reach ATH In February, the US traders on LocalBitcoins, a peer-to-peer platform registered significant growth as it traded $31. 5 million worth of Bitcoin. дальше »
2019-2-18 21:23 | |
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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
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Indonesia: $70 Million Capital Requirement for Bitcoin Futures Sparks Anger
New capital regulations mean it is cheaper to open a rural bank than launch Bitcoin futures trading in Indonesia, a local source reports
дальше »2019-2-15 10:46 | |
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21 Lectures Offers Bitcoin Developer Courses by Schnelli, Decker and Chiang
Switzerland is an international bitcoin and blockchain mecca, known for its crypto culture and concentration of crypto businesses. Now, it is the new home to 21 Lectures, a school for bitcoin developers founded by Lucas Betschart. дальше »
2019-2-12 00:24 | |
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Chainalysis Report: Two Groups Responsible for Most Publicly Reported Hacks
Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week. дальше »
2019-2-2 01:45 | |
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CEO of Abra Sees Cross-Border Payments and Remittance as Source of Struggle for Crypto Firms
Abra, a crypto wallet provider and payment startup, is run by CEO Bill Barhydt, and he recently sat down to be the subject of an interview with Breaker Mag. In his interview, he discussed the difficulties facing cross-border payment services for the crypto industry. дальше »
2019-2-1 07:03 | |
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Crypto Raid In China Of Bitcoin Scam I Am A Clown (IAC) Worth 1.3 Billion Yuan ($193 Million)
Chinese Police arrested a group of cryptocurrency scammers following a raid in Xuchang City. The bust, which took place five months ago, was only publicized this week after a story on CCTV News. During the break-in, police seized cash valued at $1. дальше »
2019-2-1 02:07 | |
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Taiwanese Authorities Arrest over a Dozen Suspects for Bitcoin Scam Scheme
Police in Taipei has apprehended 15 suspects involved in a scam initial coin offering (ICO) scheme known as IBCoins, which generated nearly $8. 13 million for the bad actors since September 2018, local news source, Focus Taiwan reported on January 26, 2019. дальше »
2019-1-28 18:00 | |
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Mobile Bitcoin Wallet BRD Raises $15 Million, Plans for Expansion in Asia
Cryptocurrency mobile wallet provider BRD wants to accelerate its international expansion, and it has secured $15 million to do it. The Series B funding round was raised from SBI Crypto Investment, a subsidiary of Japanese financial giant SBI Holdings. дальше »
2019-1-26 20:04 | |
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CoinZest Airdrop Event Goes Wrong, Customers Receive $5.3 Million Worth of Crypto
CoinZest, a South Korean cryptocurrency exchange has been left with no choice but to roll back all transactions on its servers after it mistakenly airdropped bitcoin and altcoins amounting to $5. 3 million to its clients, instead of the intended We Game tokens (WGT), according to local news source, CoindeskKorea on January 19, 2019. дальше »
2019-1-23 14:00 | |
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WordPress Partners with Google News to Launch Open Source Platform for Newsrooms
On January 14, 2019, WordPress announced the launch of Newspack by WordPress, an Open Source Platform for Newsrooms which will begin operations in mid-2019 with backing from ConsenSys, Civil media and others. дальше »
2019-1-15 19:00 | |
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Totle Blockchain dApp Ecosystem Secures $1 Million in Private Funding Led by Arrington XRP
Blockchain startups are still a lucrative source for venture capitalists to get in early on different projects, but the last year of the industry has taught these investors to be more cautious. Luckily, they seem quite trusting in Totle, a Detroit-based startup that calls itself the “Kayak of Crypto.” According to recent reports, Totle’s funding […] дальше »
2019-1-15 00:24 | |
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Pierre Rochard: “Lightning Adoption Will Basically Mirror Bitcoin Adoption”
Lightning is a second-layer solution for the Bitcoin blockchain that addresses the scaling issues surrounding it today. Similar to Bitcoin, Lightning is an open-source protocol in which anyone can contribute to. дальше »
2018-12-19 02:34 | |
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Finland Hands Over Info for 2,700 Danish Traders to Denmark’s Tax Agency
Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT). According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $15. дальше »
2018-12-14 03:12 | |
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Bitwala Is Offering German Citizens Joint Crypto and Fiat Banking Accounts
German blockchain startup Bitwala has launched crypto banking in Germany. After securing €4 million (roughly $4. 5 million) from VC firms Earlybird and Coparion in September of 2018 to develop a crypto banking solution, the company has allegedly amassed a waiting list of 30,000 potential users. дальше »
2018-12-13 22:32 | |
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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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Look at Data From Past Bitcoin Crashes and You Might (Possibly) Feel Better
After a bearish year of perennial price swings that culminated in months of tightly wound sideways movement, the (former) bottom has dropped out for bitcoin and the wider crypto market. дальше »
2018-11-28 21:44 | |
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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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Stellar (XLM) Becomes Top-5 Cryptocurrency Pushing Out EOS
Open source cryptocurrency transfer protocol Stellar’s Lumens (XLM) token has entered the top five cryptocurrencies by market cap the week after its $125 million deal with Blockchain. Stellar Lumens Beat EOS To Top 5 Data from Coinmarketcap confirms the repositioning, which gives XLM a market cap of $5. дальше »
2018-11-12 20:00 | |
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Crypto Exchange in South Korea Pulls Exit Scam, Stealing $30 Million
Pure Bit, a cryptocurrency exchange in South Korea, has allegedly pulled an exit scam, disappearing with more than $30 million worth of user funds. On Nov. 9, as BlockchainROK, a trusted news source in South Korea reported, the management team of Pure Bit started to delete social media handles of the exchange and kicking users […] The post Crypto Exchange in South Korea Pulls Exit Scam, Stealing $30 Million appeared first on CryptoSlate. дальше »
2018-11-10 12:35 | |
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eToro Launches Crypto-Based Universal Basic Income Project GoodDollar
eToro, a European social trading and multi asset brokerage company, has announced the launch of the GoodDollar experiment, an open source community project that seeks to reduce wealth inequality by introducing a new cryptocurrency and blockchain platform. дальше »
2018-11-7 12:59 | |
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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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Ethereum Developer Activity Continues, 5th Fastest Growing Project on GitHub
Ethereum is one of the fastest growing open source projects on GitHub. At the moment there are 96 million projects and 27 million software developers on the code repository. With this innovation taking place in this network, Ethereum is one of the most active projects on GitHub. дальше »
2018-10-20 06:03 | |
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MusicLife to Develop Music Exchange, Raises $5 Million
Initial coin offering (ICO) is the most controversial source of funding for companies. While ICOs are not regulated, they have also been mired in hacks and frauds. A large number of blockchain suppliers are still opting for coin offerings to fund their businesses. дальше »
2018-10-13 19:49 | |
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New Zealand PM Used As Pawn In Fake News Site
Jacinda Arden, Prime Minister of New Zealand has had her face used by a fake news site in order to promote articles aimed at Facebook to encourage a crypto startup. A local media source, ‘Stuff’ reported on Friday that multiple sponsored posts have recently been promoted on Facebook by using the likeness of the New Zealand PM with headlines such as New Investment Plan For Kiwis which were targeted at several different age groups around the country. дальше »
2018-10-12 16:30 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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Yale University Investing in $400 Million Cryptocurrency Fund
Cryptocurrency, Investing–Yale, one of the most prestigious Ivy League universities in the United States, is reportedly apart of the investment group that is helping to raise $400 million for a massive new cryptocurrency fund. дальше »
2018-10-7 16:46 | |
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Pigeoncoin (PGN) Hacked Due to Bitcoin Protocol Bug, Copycat Coins in Danger?
Pigeoncoin (PGN), a small market cap digital asset traded on two obscure exchanges, has finally got the spotlight from the crypto community but for the worst reason. A hacker stole 235 million PGN tokens through a Bitcoin protocol bug. дальше »
2018-10-6 07:56 | |
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Bitcoin And Monero Used To Launder $89M: Investigation
Nearly $89 million USD worth of Bitcoin (BTC) and other top cryptocurrencies were mostly converted to privacy coin Monero (XMR) at 46 exchanges around the world in order to launder illicit funds, a Wall Street Journal investigation has found. дальше »
2018-9-30 21:30 | |
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[Breaking]: Bitmain Lost $700 Million in Q2, Will Be Net Income Negative By End of the Year, According to Source
Bitmain Lost $700 Million in Q2, Will Be Net Income Negative By End of the Year, According to Source A mysterious “Bitmain source” has surfaced to make some surprising claims about the Chinese mining giant. дальше »
2018-9-27 23:48 | |
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Study Reveals Growing Sophistication in Malicious Mining of Cryptocurrency
Several Chinese researchers from Fudan University, Tsinghua University and the University of California Riverside have produced the first systematic study of the malicious mining of cryptocurrencies, known as cryptojacking, unveiling increasing complexity over time. дальше »
2018-9-25 23:59 | |
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Kik-approved messaging app caught storing user passwords in plain text
It appears that messaging app Blastchat – which was recently selected for Kik’s $3 million cryptocurrency developer program – has been caught storing sensitive user data, including passwords, in plain text. дальше »
2018-9-13 18:51 | |
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Brave Browser Surpasses 10 Million Downloads on PlayStore
According to an August 24, 2018, tweet from Brave, the crypto-powered browser has now been downloaded over 10 million times from Google’s Play Store. Brave’s Blockchain Relevance Brave Browser, the open source crypto-based web browser developed by Brave Software Inc. дальше »
2018-8-29 17:00 | |
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Coinberry Traders Keep Control of Keys With BRD Crypto Wallet Integration
Cryptocurrency trading service Coinberry has partnered with BRD, a secure bitcoin wallet service, in a deal that promises to bring BRD's Canadian users onto Coinberry's no-fee trading platform. дальше »
2018-8-21 18:52 | |
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Akoin Cryptocurrency Project From Akon Looks To Make Real Impact For Africa
Cryptocurrency has long been a source of contribution to stopping the world’s constant drama. For example, the Pineapple Fund donated some $55 million in BTC to several different charities. One of the foundations who received money was focused around providing water to those in poverty. дальше »
2018-8-18 07:38 | |
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[promoted] FlipNpik’s Social Media Model: Boosting Incentives for Local Promotions
Launched in 2009, the social networking app Foursquare was hailed as providing a cutting-edge approach for users to share their location with friends. Called a “check-in,” people would reveal their location through their mobile device by selecting the venue they were frequenting at that time. дальше »
2018-8-15 17:34 | |
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Bitcoin Magazine’s Week in Review: Getting Creative With Blockchain Solutions
This week’s top stories include two feature interview: one with Kavita Gupta, founding managing partner at ConsenSys Ventures; and another with electronic dance music DJ Justin Blau (aka DJ 3BLAU) who is launching a decentralized music festival. дальше »
2018-8-13 20:52 | |
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PR: BUBI Launches Code Review Bounty Program
The Bubi Code Review Bounty Program, organized by the Bubi Technical Community, will be officially launched on August 4th, 2018. The event has prepared prizes for those who report bugs or give optimization suggestions, with a prize pool of up to one million dollars. дальше »
2018-8-3 14:17 | |
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Report: Xrp’s Drop in Like and Crypto ‘Endorscos Xrb. In Interfundence From Rip ‘
According to the report, Ripple’s sales of XRP tokens were a “drop in the bucket” compared to the total XRP market. Per the report, Ripple sold $75.53 million in Q2 in total. Source: Ripple The report stressed the low volatility of XRP in Q2, pointing out a 9.0 percent price decline in line with Bitcoin’s дальше »
2018-7-25 09:18 | |
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Novogratz’s Galaxy Digital Leads $52 Million Funding Round For BlockFi
On Tuesday morning, the well-known news source Business Insider reported that an American cryptocurrency startup had raised over $52 million in a recent funding round. BlockFi’s Capital Fundraising Round Met With Success As announced by the crypto-lending startup, BlockFi has just concluded a funding round to the tune of $52. дальше »
2018-7-25 01:33 | |
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