Decentralized Exchange Bancor Falls Victim to $24 Million Security Breach
A popular decentralized exchange platform, Bancor, recently took to Twitter to announce that the platform fell victim to a security breach, giving further details about the apparent hack. Bancor Sees $24 Million In Cryptos Stolen On July 9th at 8 AM (UTC), Bancor released a Tweet noting that its web service would be closed down […]
FCoin Met With Continued Skepticism: Wash Trading Allegations and ETH Clog
The controversial FCoin exchange came under fire last week as users accused the platform of clogging the Ethereum network. This week is no different, as the exchange has still been met with widespread skepticism. Ethereum Network Clog Continues Last week saw the lambasting of FCoin, as cryptocurrency companies like MyCrypto and ICO Drops brought attention […]
U.S. Regulatory Clarity Should Aid New Bitcoin ETF Application
In the U.S., another application has been made for a Bitcoin ETF by CBOE Global Markets following previous applications by other companies that were rejected because the market is ‘unregulated.’ Now that the SEC has clarified that Bitcoin and Ethereum are not to be regulated as securities, this application is more likely to succeed and […]
June Roundup: Cryptocurrency Winners and Losers
Top performing cryptocurrencies were Ethereum Classic and Binance Coin while Neo, Cardano, Iota and Icon were the biggest losers. Another month went by in crypto land but June would be one that most would want to forget. Looking back at the winners and losers from the month does not display a pretty picture for most […]
Another Friday Slide as Crypto Markets Shed $10 Billion
FOMO MomentsCrypto land is falling again; Neo, Tezos, and Bytecoin are all in pain. As another week in crypto land comes to a close markets are bearish once again and all coins are falling. Total market cap has not managed to push above $270 billion and is retreating back towards $260 billion. Bitcoin has found […]
Waves’ Efficient and Low-Cost Blockchain is Optimized For Airdrops
Waves, a major custom tokens blockchain valued at more than $310 million, has evolved into the most efficient and low-cost platform for airdrops due to its innovative scaling solutions and infrastructure. ICOs to Airdrops: Change in Trend Over the past year, the declining hype around initial coin offerings (ICOs) and the poor performance of blockchain […]
Crypto Rally Runs Out of Steam But Steem is Green
FOMO MomentsCrypto land is in the red again, Cardano, Nem and Bytecoin getting hit. Steem and Syscoin on the up The rally did not last long and a pullback has occurred dropping crypto markets once again. Total market cap has dropped back below $270 billion and is in danger of falling further as confidence wanes […]
SEC Charges Two in Connection with Illegal Sale of Blockchain-Related Stock
The U.S. Securities and Exchange Commission (SEC) has charged two men with selling stock illegally. The pair allegedly profited to the tune of around $1.4 million by offloading restricted shares in a blockchain-related company after a sudden price spike late last year. SEC Warns Investors of Risks Faced When Investing in Blockchain Businesses According to […]
How Line, Japan’s Biggest Messaging App, is Going All Out on Crypto
Line, the most widely utilized messaging application in Japan with over 200 million active monthly users, is attempting to establish dominance over the blockchain and crypto sector with various ventures including a cryptocurrency exchange and a decentralized application (dapp) platform. Crypto Exchange On June 28, NewsBTC reported that Line has finalized its plans to launch […]
CryptoKitties Team To Join Ubisoft at Blockchain Heroes Hackathon
Benny Giang tweeted out to his followers on the CryptoKitties twitter feed that his team would be joining Ubisoft this week in Paris for a special hackathon. To mark the collaboration he posted an image of a special edition “Rabbid Kitty” and ended the tweet by writing “Super excited about more official collabs coming out soon“. The tease […]
A New Yearly Low Looms as Crypto Markets Continue Bleeding
FOMO MomentsCrypto land is in pain; Bitcoin Cash, EOS, Cardano and Monero are all hurting. The downward pressure has continued as the week draws to a close with markets plummeting further again today. After lulling just below $250 billion for a couple of days crypto markets have taken another turn south dropping below $240 billion […]
Blockchain Launches Institutional Platform to Give Investors Crypto Exposure
One of the largest names in the Bitcoin space, Blockchain, has announced a platform to help institutional investors get exposure to cryptocurrency. Blockchain Principal Strategies can be accessed from today and there are plans to launch additional products and services throughout the summers months. Blockchain Becomes Latest Company Trying to Lure Institutional Money into Crypto […]
Cryptocurrency Market Update: Zilliqa (ZIL) Spurts on New Exchange Listing
FOMO MomentsCrypto land is stagnant, a few altcoins are afloat; Zilliqa, Ethereum Classic, Icon and Bytom. Markets have remained stable today, which could be considered a good thing because they haven’t plunged any further. There has been very little momentum in the way of a recovery indicating that further losses are likely. Total market capitalization […]
Here We Go Again, Another $12 Billion Dumped From Crypto Markets
FOMO MomentsRed dominates crypto land, only Qtum survives today. EOS, Tron, OmiseGO and Zcash get hammered. Crypto traders and investors are probably dreading getting up each morning now to see markets plummet once again with seemingly no end in sight. Over the past 24 hours markets have dumped another $12 billion from $255 to $243 […]
US Nobel Prize Winner Says Bitcoin Is An ‘Epidemic of Enthusiasm’
Nine years after the start of the Bitcoin ledger, the digital asset has finally gathered widespread attention, including from Nobel economics prize winners. Robert Shiller, an American Nobel Laureate and Sterling Professor of Economics at Yale University, who has commented on cryptocurrencies on previous occasions, said Bitcoin is an ‘epidemic of enthusiasm.’ Nobel Prize Winner Robert […]
Can Ethereum’s ERC721 Standard Reshape the Blockchain Gaming Industry
A lot of developments are taking place in the world of cryptocurrency right now. In the Ethereum space, for example, scaling changes will be welcomed with open arms. Additionally, there is the shift to ERC721 tokens, which are considered to be a major improvement. The ERC721 Token Standard Most Ethereum users are familiar with ERC20 […]
Bitcoin Mining Con Artist Arrested Over $15 Million Fraud
A man has been arrested in China for fraud over the sale of underpriced Bitcoin mining equipment and is awaiting prosecution. According to state media, the man made nearly 100 million yuan ($15 million) from 50 investors within a few months. Mining Fraudster Defaults on 3,000 Orders The suspect has only been identified by his […]
Bitmain Raises $400 Million Prior to its $12 Billion ICO, Growing Dominance
Bitmain’s ASIC dominance has continued, with Bitmain-based mining pools collectively accounting for nearly 50% of all Bitcoin mining power. Bitmain Dominates Bitcoin ASIC Industry Two prominent Bitcoin mining pools, BTC.com and Antpool, contain 27% and 15.3% of Bitcoin’s hashrate respectively. Bitmain surprisingly owns and manages both pools, allowing the mining superpower to oversee over 42% […]
