Cryptocurrency News
Betting has existed for centuries, with the allure of making money combined with the thrill of testing one’s ability to predict the outcome of an event being among the biggest attractions. Some of the earliest casinos appeared in Italy in the 17th century, and since then, betting has taken advantage […]
Remember when cryptos were deemed unusable because, unlike fiat, they were volatile? The tables are gradually turning and Turkey is the latest case. The country’s currency, the lira, has recently experienced a drastic drop in its value relative to the US dollar which has quickly drawn comparisons with Bitcoin. Faced […]
Trading cryptocurrencies is illegal in the kingdom of Saudi Arabia, as they are high risk to traders and are out of the government’s supervision. This is according to a statement issued on August 12 by a standing committee comprised of regulators from various government institutions. The statement made it clear […]
Malware targeting Bitcoin ATMs has reportedly been found online for sale on underground dark web sites that sell various illegal goods and services. The malware does not come cheap, as it is being sold for $25,000. The seller has reportedly received over 100 customer reviews, which indicates that the expensive […]
ICOs were unaffected by the bear market and attracted significant interest from investors through the end of last quarter. 2017 was a big year for cryptos as they shot into the limelight, but 2018 has been ten times better. This is according to a market status report published by ICORating […]
The number of ICOs launched in the second quarter of the year grew by 49 percent, a new report states. The amount of money raised, however, indicated that investors were less excited at the prospect of investing in ICOs, as it fell by 12 percent. Finance and commerce ICO projects […]
In the old days, people invested in gold as a store of wealth as its value was universal and largely stable. However, cryptos changed the game and attracted a lot of investment which otherwise would have gone to gold. But what if you could merge the two? This was the […]
Blockchain technology has infiltrated almost every industry, introducing the world to a new era of technology in which everyone has an equal say. Transparency, efficiency, cost-effectiveness and security are just some of the advantages of the technology that have attracted many, from global giants to small merchants. And it’s not […]
There was a time when the overwhelming majority of Bitcoin usage was associated with drug dealing and other illegal activities. With Bitcoin offering relative anonymity that traditional payment methods like cards and bank transfers didn’t, criminals were quick to hop on the bandwagon, which gave Bitcoin the misguided moniker of […]
Blockchain technology’s mainstream foray has continued to gather steam, with West Virginia and Ohio making moves that will see the technology make inroads into those states. West Virginia will give its citizens serving overseas the privilege of being the first people in the US to use a blockchain-powered mobile application […]
Hacking attacks are not new in the crypto community. Ever since Mt. Gox infamously lost over 800,000 BTC to hackers in one of the biggest heists ever, many other projects have been targeted. Hackers are evolving with time, and as was witnessed in the recent KICKICO hack, they are becoming […]
Intercontinental Exchange, the parent company of the New York Stock Exchange, has announced that it intends to create a global platform for the purchase, sale and spending of digital assets. ICE will undertake this venture through Bakkt, a new company which it will form to oversee the creation of the […]
Chinese crypto mining hardware manufacturer Canaan Creative has announced the launch of the world’s first-ever Bitcoin mining television set. The Beijing-based company believes the new television set will be in high demand as crypto miners seek to leverage its advanced technology and explore new crypto mining avenues. Known as the […]
Bitcoin will replace cash and card payments in the near future. This is a statement you’ve heard often. From its ease of use to the elimination of third-party payment processors, Bitcoin could be the ultimate payment method for the future. However, according to recent research, the reality on the ground […]
Northern Trust has become the latest financial services giant to announce ventures related to cryptocurrency and blockchain technology. The Chicago-based company revealed that it has been working on blockchain-based solutions for its private equity workflow as well as assisting hedge funds that have invested in cryptos. Northern Trust is working […]
When Bitcoin was hitting record highs in December, blockchain technology was one of the hottest areas that companies sought to invest in. To take advantage of the hype and the increased investment flowing into the industry, some companies changed their names and their core services and began to offer blockchain-related […]
Binance has made its first-ever acquisition, snapping up a crypto wallet provider. Trust Wallet is a mobile Ethereum wallet that supports ERC20, ERC223 and ERC721 tokens. The acquisition is proof of the importance of secure wallet technology to the exchange, Binance stated in a press release. The Trust Wallet team […]
Coinbase announced the appointment of its first-ever chief compliance officer on July 31. The new member of the ever-expanding Coinbase team, Jeff Horowitz, joins the crypto exchange after spending decades in regulatory and compliance roles at some of the most renowned companies in the US. His appointment comes at a time […]