Bitcoin to Hit $50,000 Despite Recent Plummet, BitMEX CEO Says.

The recent downward spiral of Bitcoin hasn’t dissuaded Arthur Hayes from his bullish prediction that Bitcoin will hit $50,000 by the end of the year. Hayes, the co-founder and CEO of Bitcoin Mercantile Exchange (BitMEX), said that volatility is not Bitcoin’s weakness but rather its strength, as it gives investors the chance to make money […] origin »

Theft of Cryptocurrencies from Exchanges could Grow to $1.5B.

In the first half of this year, the theft of cryptocurrencies from exchanges grew 3-fold due to security problems. A report on the global anti-money laundering market showed that in the first six months of the year, a total of $761 million was stolen on the digital currency exchanges, compared with about $266 million for […] origin »

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