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Bitcoin Scalability Solution in Peril as Lightning Network Capacity Declines by 4%
Lightning Network capacity has reportedly reduced by 4% in the last month. This is a major decline considering the network had a capacity for Bitcoins worth millions of dollars. At press time, the capacity is only up to 1020 BTC while the number of channels is at 36,578 at a loss of over 5%. More […] дальше »
2019-5-22 03:11 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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UK: Crypto Scams Increased Three-Fold, Net Losses Decreased
According to a report from the Financial Times, the number of crypto and forex scams had increased three-fold in the past financial year, increasing from 530 to 1,834 in 2018-19. The net loss associated with the frauds summed to $34 million. дальше »
2019-5-21 22:00 | |
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Bernie Sanders Picks a Fight with Trump in an Attempt to Stay Relevant
By CCN: Is Bernie Sanders fighting a losing battle? The Vermont Senator entered the 2020 presidential race in February, marking his second attempt at attaining White House glory. For more than a month, the 77-year-old Democratic socialist appeared to be leading the race for his party’s nomination… That is until Joe Biden announced his campaign for the presidency only weeks ago. дальше »
2019-5-21 01:11 | |
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Bitcoin [BTC]: Blockchain reorgs are an important part of BTC protocol, says Money Button’s Ryan X. Charles
Shortly after a major hack cost one of the world’s foremost exchanges, Binance, 7000 BTCs worth $41 million, Changpeng Zhao’s brief consideration of ‘reorgs’ spurred the crypto-verse’s interest. дальше »
2019-5-20 18:00 | |
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Dow Plummets After Trump Shocks Wall Street with Bombshell Iran Threat
By CCN: The Dow slumped toward another painful loss on Monday after President Trump shocked Wall Street by threatening to launch an aggressive military assault on Iran. Dow Trims Losses After Painful Nosedive All three major US stock market indices endured steep losses at the opening bell but pared them in the hours that followed. дальше »
2019-5-21 16:39 | |
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Binance Coin (BNB) Price Hits New All-Time High Following Crypto Exchange Upgrade
Following the security breach that led to the loss of over $4 million in Bitcoins, Binance announced that it has upgraded its platform with better security. This announcement hasn’t only assured existing Binance users of higher security but has also possibly attracted new ones. дальше »
2019-5-20 01:48 | |
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Was Bitcoin Price’s 19% Dump a Manipulation?
A $1,350 dump led by Bitstamp, Crypto exchange starts an immediate case investigation BTC price back above $7,000 On May 16th, Bitcoin price went from above $8,300 – the highest level in 10 months – to just below $6,200. дальше »
2019-5-18 21:30 | |
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Millions to Miss Work After GoT Finale. Here’s Why Economy Will Survive
By CCN: The “Game of Thrones” finale is coming. Just two days away, the resolution of a show that has captivated the world is a big deal. According to a recent survey, some 10. 7 million Americans will avoid going to work on Sunday and Monday due to events in Westeros. дальше »
2019-5-19 19:00 | |
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Why the Market Slump Has Not Damaged Confidence In Bitcoin
Following a fantastic week for Bitcoin, which peaked at around $8,300, the inevitable market slump has happened. Analysts have attributed this to large sell orders placed on Bitstamp. But despite the loss of momentum, the sentiment remains bullish, which goes to show that confidence in Bitcoin is as strong as it has ever been. дальше »
2019-5-17 14:45 | |
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Bitcoin (BTC) Price Analysis: Bulls Show Weakness as BTC Slips Below $8K
Bitcoin price analysis shows that BTC has broken bearish through the psychological $8,000 level, with a -1. 19% loss against the US dollar over the last 24 hours. Is this just a temporary correction, or could this be the start of a reversing trend? Let’s take a look. дальше »
2019-5-16 18:10 | |
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Ethereum (ETH) Bulls Rebuff Cryptopia Liquidation, Race to $450?
Ethereum (ETH) up 16. 8 percent Cryptopia liquidates after Jan 2019 loss Behind today’s 16. 8 percent surge of Ethereum (ETH) prices are supportive fundamentals. Sources indicate that the CFTC is warming up to the idea of ETH derivatives and heavyweights are gravitating towards Ethereum. дальше »
2019-5-16 21:00 | |
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‘Trustworthy’ Bitcoin Exchange That Hid $850 Million Loss Raises $1 Billion
By CCN: Bitfinex CTO Paolo Ardoino told Twitter that the firm was able to raise $1 billion in USDT within a short period because big investors know Bitfinex is “trustworthy. ” Trust, Don’t Verify The New York Attorney General’s office recently opened a very public investigation into the firm. дальше »
2019-5-14 03:00 | |
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Crypto Hedge Funds Saw An Average Of 46% In Losses During 2018, Yet Institutions Still Atop Priority List
Crypto Hedge Funds Experienced A Median Of 46% Loss In 2018 Cryptocurrency hedge funds have experienced a median loss of 46% on average in 2018 according to a recent report released by The Block. However, the price of the most popular digital asset fell over 72% during the same period of time. Hedge Funds Register […] дальше »
2019-5-13 23:01 | |
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NY’s Bitcoin Bandit ordered to pay $75M to SIM-swap victim
Michael Terpin, the Bitcoin investor who had $24 million worth of cryptocurrency stolen from him in a SIM-swapping hack, has been awarded a payout three-times the size of his original loss. Los Angeles Superior Court has ordered New York-based Bitcoin Bandit Nicholas Truglia to pay Terpin $74. дальше »
2019-5-13 17:18 | |
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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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Crypto Hedge Funds Saw 46% Loss in 2018 Bear Market, PwC Report Says
Statistics reveal hedge funds in the crypto sector saw near-50% losses last year, according to a report from Pwc and Elwood
дальше »2019-5-13 13:45 | |
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Bitcoin, Ether, and XRP Weekly Market Update May 13, 2019
The total crypto market cap is $31 billion up for the seven-day period and now stands at $211. 6 billion. The top 10 currencies are all in green for the same time frame with Binance Coin (BNB) being the only exception with a 5. дальше »
2019-5-13 13:00 | |
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Trump Advisor’s Shock Admission Threatens to Rock Stock Market
By CCN: Top Trump advisor Larry Kudlow admitted to Fox News’ Chris Wallace that “both sides will suffer” over the Trump administration’s U. S. -China trade war. You should expect the stock market will take heed of the likely loss of billions of dollars in business for the American automobile, agricultural, and tech industries when the bell rings on Monday. дальше »
2019-5-13 23:30 | |
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‘Silly Mistake’ Costs Inexperienced Trader a Whopping $400,000 Loss on Binance
As per an all-new story circulating on Redditt over the past 48 hours or so, an anonymous Binance user recently incurred a loss of over $400,000 by accidentally clicking on the “Market Buy” button — that caused him to pay more than 17k times the market price of a token that he wished to purchase. […] дальше »
2019-5-11 20:21 | |
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Uber IPO Smacks Saudi Wealth Fund with $200 Million Loss
By CCN: The Saudi Arabian Public Investment Fund (PIF) was one of the first believers in Uber, ponying up billions of dollars to invest in it back in 2018. Now that the ride-sharing company has finally gone public, the fund stands to be one of the biggest losers. дальше »
2019-5-12 14:24 | |
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Uber IPO Ignites $70 Billion Rideshare Stock’s Ticking Time Bomb
By CCN: Uber stock slumped toward a disappointing 7. 62% loss following its blockbuster IPO on Friday, and the rideshare giant must now wrestle with an uncomfortable time bomb that has already started ticking. дальше »
2019-5-11 01:27 | |
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Market buy on thin Binance order book costs inexperienced trader $400,000
An anonymous user reportedly lost $400,000 paying over 17,000 times the market price of a token by pressing “Market Buy” on Binance. First revealed in a Reddit post on May 9th, the news left many speculating on whether or not the alleged loss actually happened, and if it did, how did an exchange as large […] The post Market buy on thin Binance order book costs inexperienced trader $400,000 appeared first on CryptoSlate. дальше »
2019-5-11 00:38 | |
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Coinbase reveals steps taken to tackle MakerDAO vulnerability without incurring loss of funds
Maker Foundation, the organization behind the development of the MakerDAO ecosystem, recently announced that the team had discovered a critical vulnerability in its voting contracts, in collaboration with Coinbase and Zeppelin. дальше »
2019-5-11 00:30 | |
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Dow Reverses Brutal Loss as Tame Inflation Keeps Fed Hawks at Bay
By CCN: The Dow and broader U. S. stock market were under pressure Friday morning after the Trump administration raised tariffs on $200 billion worth of Chinese goods, setting the stage for a prolonged and potentially damaging trade war with Beijing. дальше »
2019-5-11 23:05 | |
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Joseph Lubin: Tether’s Rivals to Gain Traction amid Bitfinex ‘Mess’
By CCN: The Bitfinex “mess” won’t be resolved anytime soon, charged Ethereum co-founder Joseph Lubin. His comments, which came on Thursday, come after a New York Supreme Court judge scathingly criticized the NY Attorney General who filed an injunction against Bitfinex and Tether. дальше »
2019-5-11 21:30 | |
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Bitcoin reorg: Recovering exchange losses is like a bail-out for banks mismanaging risk, says Andreas Antonopoulos
Binance, one of the largest cryptocurrency exchanges in the world, was the main highlight of the crypto-space this week after the platform reported a loss of 7,000 BTC due to a security breach. More so, this news took an interesting turn when Changpeng Zhao, the co-founder, and CEO of Binance, stated that he would consider […] The post Bitcoin reorg: Recovering exchange losses is like a bail-out for banks mismanaging risk, says Andreas Antonopoulos appeared first on AMBCrypto. дальше »
2019-5-11 20:30 | |
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Binance hack update: John McAfee promises to catch perpetrators and absolve Binance of blame
After the recent Binance hack that resulted in the loss of 7000 BTCs, Binance CEO Changpeng Zhao made numerous efforts to calm the resultant panic. Prominent crypto-players such as John McAfee and Justin Sun also extended their support through various tweets, for the beleaguered exchange. дальше »
2019-5-11 19:30 | |
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The way we eat is killing the planet — here’s how tech can help
As someone who gets way too excited about delicious food, it really pains me to admit that our modern diets are the largest cause of climate change and biodiversity loss in existence. While it’s usually easier to be blissfully ignorant, yesterday at TNW Conference I received the wake-up call I (reluctantly) needed. дальше »
2019-5-10 17:01 | |
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Update On Binance Security Breach: Deposits and Withdrawals to Resume Soon
The Founder and CEO of Binance Changpeng Zhao has spoken up concerning the recent hack that led to the loss of 7,000 BTC (over $40 million). In a post on the company’s official blog today, CZ said the exchange is working round the clock to ensure normal deposits and withdrawals are restored. дальше »
2019-5-10 15:27 | |
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Security update from Binance CEO, following $40 million exchange hack
Changpeng Zhao (“CZ”), the CEO of Binance, the world’s largest crypto exchange in terms of adjusted trading volume, has published a blog post in which he apologized for previously suggesting a chain reorg of the Bitcoin (BTC) blockchain. дальше »
2019-5-10 15:14 | |
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Binance CEO Reveals New Details of ‘Damaging’ $44 Million Bitcoin Hack
By CCN: On May 10, Changpeng Zhao, the CEO of Binance, the world’s largest crypto exchange, released a security incident update regarding the firm’s loss of 7,000 bitcoin. Following the high-profile security breach of the exchange during which sophisticated tools and methods were used to steal $44 million from Binance, the firm swiftly revamped its security measures and practices. дальше »
2019-5-10 13:00 | |
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Overstock Reveals Nearly 20% Revenue Loss In Q1 2019 As Sales Reduces Compared To 2018 Revenue
Overstock Suffers 17% Revenue Loss In Q1 2019 As Sales Reduces While the cryptocurrency market is in a struggle to recover from the loss in 2018, Overstock, a major online retailer has reported significant revenue loss due to reduced sales. дальше »
2019-5-9 22:19 | |
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Bitcoin Price: Mark Yusko’s $400,000 Target is Bold – But Not Insane
By CCN: Morgan Creek Capital Management founder Mark Yusko spoke to Bloxlive. tv about the Binance hack and his startling prediction that Bitcoin will eventually be worth $400,000. Morgan Creek Founder: Hackers Prove the Value of Crypto Yusko made a compelling case, taking a positive out of the massive $40 million loss that Binance suffered, saying that hackers prove the value of Bitcoin. дальше »
2019-5-10 21:52 | |
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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter
Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business. дальше »
2019-5-10 20:04 | |
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McAfee gathers his ‘wizards’ to fight ‘dark wizards’ and aid CZ, Binance
McAfee, the cybersecurity genius, has offered to help CZ/Binance with the exchange’s security issue. The Binance hack led to the loss of 7,000 BTCs worth $41 million and a lot of user data, following which Binance announced that they would be shutting down withdrawals and deposits. дальше »
2019-5-9 19:30 | |
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Mining firm Hut 8 Announces $136 Million Loss in 2018
Canadian mining firm Hut 8 Mining has published its financial statements and results for 2018. Hut 8 announced a net comprehensive loss of $136 million, adding to the list of companies negatively affected by the best market, in a press release on May 8, 2018. дальше »
2019-5-9 18:00 | |
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Dow Risks Cataclysmic Collapse After Trump Blindsides Stock Market
By CCN: The Dow resumed its excruciating downward spiral on Thursday after President Trump broke from White House talking points to ramp up the trade war rhetoric and further inflame US-China tensions ahead of high-stakes negotiations between the economic superpowers. дальше »
2019-5-9 16:56 | |
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Bitcoin Whale Alert: BTCs worth over $18 million moved as king coin breaches $6000 mark
Bitcoin [BTC], the world’s largest cryptocurrency, has had a rollercoaster ride in 2019. Despite positive developments however, the cryptocurrency has suffered its share of downsides as well, largely due to hacks and nefarious activities. дальше »
2019-5-9 15:30 | |
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Top 5 Cryptocurrency Exchange Hacks of 2019
Even though the year 2019 has been off to a good start price-wise, there have already been numerous incidents casting a dark shadow over this industry. The number of exchange hacks is quite worrisome already and it seems unlikely there won’t be further incidents. дальше »
2019-5-9 12:00 | |
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Markets Update: Crypto Prices Show Strong Recovery After Binance Loss
Cryptocurrency markets are doing much better the day after the digital asset exchange Binance lost roughly 7,000 BTC ($40 million). Immediately after the trading platform officially announced the multi-million dollar loss, the cryptoconomy shed billions but since then most digital assets have recovered and markets are doing surprisingly well. дальше »
2019-5-8 22:39 | |
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Is Any Crypto Exchange Truly Secure?
In light of yesterday’s Binance hack, exchange security is back in the spotlight. Changpeng Zhao has reassured affected users they would be compensated for the loss of 7,000 bitcoins, and Binance has a reputation for excellence when it comes to security. дальше »
2019-5-8 22:09 | |
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Bitfinex Releases White Paper for LEO Token Sale
Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO). дальше »
2019-5-8 18:33 | |
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Bitcoin Price Regains $6000 Trajectory As Markets Shake Off Binance Hack
Bitcoin price was stabilizing close to $6000 on May 8 after new controversy over a cryptocurrency exchange sent markets tumbling. What Hack? Data from Europe-based trading platform Bitstamp, which tends to offer Bitcoin price tracking at the lower end of the spectrum, put BTC/USD at $5840 as of press time Wednesday. дальше »
2019-5-8 18:00 | |
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Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering
Zhao Dong, one of China’s biggest OTC traders, recently published a marketing document detailing iFinex Inc. plans to conduct an initial exchange offering (IEO), aiming to raise $1 billion. The move follows a probe led by the attorney general of the State of New York, which revealed the apparent loss of $850 million in funds […] The post Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering appeared first on CryptoSlate. дальше »
2019-5-8 17:09 | |
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Dow Shudders After NYT Exposes Trump as #BillionDollarLoser
By CCN: The Dow Jones Industrial Average scrambled to avoid a third consecutive loss on Wednesday as a beleaguered US stock market wrestled with more alarming news on the US-China trade front. Meanwhile, the New York Times knocked Donald Trump back on his heels after the publication exposed the so-called business titan for what he really is: a #BillionDollarLoser. дальше »
2019-5-8 16:54 | |
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