Is South Korean Exchange Hack Responsible for Bitcoin Price Plunge?
Bitcoin price plunge over the weekend is generally being linked to another cryptocurrency exchange hack in South Korea. This time it was a smaller exchange called Coinrail that was breached by blackhats who made off with over $40 million in altcoins which may have caused the massive sell-off on Sunday leaving a trail of red […]
What Caused a Flash Crypto Crash to Wipe $15 Billion Out in Just Two Hours
FOMO MomentsMarkets are falling, altcoins getting hit hardest are EOS, Iota, Ontology, OmiseGo and Icon. That ongoing sideways ranging market has finally ended a few hours ago when a flash crash wiped $15 billion out of crypto in a couple of hours. The markets have slid over 6% over the past day and the bears […]
Embracing Regulation Is Good for Bitcoin, Analyst Says
Bitcoin is treading water since testing the $6,000 level for ground in early February 2018. The previous bullish momentum was capable of printing its all-time high near $20,000, but many questions have arisen since then, particularly in regard to regulatory grey areas. Adoption and compliance to governments regulation for the cryptocurrency market and initial coin […]
Russian Banker Turned Anarchist Farmer is Turning Potatoes into Cryptocurrency
As digital assets near the precipice of falling into the controlling hands of the very financial institutions they were created to disrupt, one banker turned farmer is leading a small village outside of Moscow in a potato driven cryptocurrency revolution. Rebuilding a Dying Village with Cryptocurrency When Mikhail Shlyapnikov was diagnosed with cancer a decade ago he […]
Much Hyped EOS Official Mainnet Still on The Launch Pad
The world’s largest ICO, valued at over $4 billion dollars, was set to launch on June 1st. However, over 5 days after the proposed launch date, a full release of the EOS blockchain has still not been released. Community Launch: Was It The Best Idea? Unlike the kick-starts of many other blockchains, Block.one, the team […]
Tron Enters Global Forex Markets with Latest Partnership
In a week of already blistering activity, the Tron Foundation is now bringing TRX trading into the currency markets through a deal signed with Shift Markets. TRON Now Available on FX TRX, which has already been listed on three other exchanges since the MainNet Launch less than a week ago, is now available on nine […]
Ripple CEO: ‘Bitcoin Is a Store of Value…It’s Hard to Argue with That’
The CEO of Ripple, the network behind the third largest digital currency, XRP, spoke today about his own company as well as Bitcoin and the wider cryptocurrency space. Brad Garlinghouse said that although BTC cannot compete with XRP in terms of transfer times and costs, it was undoubtedly a store of value. Garlinghouse: XRP and […]
Asian Cryptocurrency Trading Update: Gold Backed DigixDAO Defies Selloff
FOMO Moments After several days of bullish momentum crypto markets have slid back once again quashing hopes of any real recovery. The selloff started yesterday during the US session and has continued into today as all gains since Friday have been wiped out. Bitcoin has led the decline by falling 3.5% on the day to […]
ICOs Raise Over $9 Billion Six Months into 2018, Surpassing 2017 Figures
Despite the slowdown in overall cryptocurrency prices, investment in upcoming projects, in the form of initial coin offerings (ICOs), has not slowed down one bit. In fact, the amount of investment made into these projects has only skyrocketed. ICOs Investment on the Rise CoinSchedule reported that over $9.4 billion has been invested into ICOs in […]
End of Month Roundup: Cryptocurrency Winners and Losers in May
Top performing cryptocurrencies in May were Bytecoin, Zilliqa and Decred. While Cardano, Nem and Qtum suffered the heaviest losses. As we pass into another month in crypto land it is time to evaluate May’s winners and losers. After solid gains throughout April, May was set to build on them and send crypto markets higher again. […]
Bitcoin Bull Dan Morehead Reveals His 239% Profit Making Tip in Crypto Investing
Crypto hedge fund founder advises that today is the time for buying Bitcoin to take advantage of the coming influx of institutional money. Crypto is Cheap Today Dan Morehead, CEO of Pantera Capital appeared on CNBC’s cryptocurrency round-up show Fast Money again to talk about the current price of Bitcoin and the issue of custody. […]
Chinese President Says Blockchain is a Breakthrough Technology, Expresses Optimism
President of China, Xi Jinping, expressed his admiration and hopes for blockchain technology at a meeting with the Chinese Academy of Sciences and the Chinese Academy of Engineering. Xi pointed out that blockchain technology, which underpins Bitcoin, has been accelerating the rate of “breakthrough applications.” He also noted that he holds interest in other upcoming […]
EOS Bug Bounty Launch Raises Questions From Industry Experts
The mainnet launch of EOS is inching closer. As such, the developers want to ensure there are no lingering bugs or fatal flaws for hackers to exploit. A bug bounty program has been created which rewards $10,000 for every bug discovered and shared. This is a positive development, even though the venture also receives some […]
ICON and TRIVE Join Forces to Improve Southeast Asia’s Blockchain Ecosystem
Things are always evolving behind the scenes of the blockchain industry. ICON, a concept focused on connecting blockchains, is partnering with TRIVE. A close relationship with a venture capital firm is always a positive development. The venture is mainly designed to improve the local blockchain community and educate the region. A Major Partnership for ICON […]
Block.one Takes ICO Record with $4 Billion in EOS Sales
Block.one, the developer of EOS and main competition to the Ethereum network, will finish its year-long coin offering tomorrow having raised $4 billion in investor funds. EOS Token Sales Brought in $4 Billion Based in the Cayman islands and headed by 31-year-old Hong Kong-based CEO Brendan Blumer, Block.one is on track to dwarf all other […]
Asian Cryptocurrency Trading Update: Bytecoin up 30%, Leading Recovery
FOMO Moments A rally was expected after crypto markets hit a monthly low yesterday. Traders loaded up and bought the dip and all currencies have bounced back today, however the overall sentiment is still bearish. Bitcoin held support and did not fall below $7,000, it is currently up 5.3% on the day at just over […]
Bitwage Launches ICO Guidance Platform Inwage and Rolls Out Ether Support
Bitcoin payroll platform Bitwage have announced that they’ve created a new initial coin offering (ICO) advisory firm, as well as extending their existing services to support Ether. Their ICO guidance service will be known as Inwage. Inwage Will Help Companies Raise the Maximum Funding from Their ICO Bitwage have launched a couple of new services […]
Asian Cryptocurrency Trading Roundup: Bitcoin Dominance Approaches 40% as Altcoins Bleed
FOMO Moments The rout has continued today following a mass Ethereum selloff in a couple of hours yesterday. Markets are tumbling precipitously towards $300 billion, their lowest point since mid-April and a key support level. Failure to hold this could send all cryptos down towards their end of March yearly lows. Bitcoin has floundered again […]
