Cryptocurrency News
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling […]
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 […]
For those of you who have ever had your phone hacked and know the frustration and anger that goes along with finding out that someone has taken something that belongs to you, this story might resonate with you. There are some compelling ideas around the blockchain for the telecom industry […]
The Australian government will provide a AUD$2.25 million grant to an initiative that seeks to use blockchain technology to develop transparency in the sugar industry. Known as the Sustainable Sugar Project, it will be used to prove the origins of the sugarcane used and the sustainability of farms. This will […]
Cryptocurrencies are of great appeal to a lot of consumers and corporations. In particular, firms in the financial sector want to enter this market sooner rather than later. Northern Trust, a famous financial services giant, is looking to expand its blockchain and cryptocurrency presence. Northern Trust Makes a Strategic Move […]
At press time, the father of cryptocurrency is digging its heels into the ground and staying right where it is. In other words, the currency fell to $7,500 yesterday, and is remaining in this position. It’s not spiking any further, but it’s not dropping either, and we must take every […]
Malicious cryptocurrency mining tools have made an impact on the software industry. Ranging from malicious browser plugins to modified software executables and now fake video games, this threat is not going away anytime soon. Steam recently pulled one of the games on its platform over cryptojacking complaints and in-game asset […]
Ever since Disney got involved in the blockchain industry, people have been wondering what its first project would look like. Known as Dragonchain, this venture has been in development for quite some time now. Earlier this week, the official launch of this blockchain ecosystem was announced. It will be a […]
There’s never a boring day in the world of Bitcoin and cryptocurrency. Some new form of drama seems to unfold at every possible turn. A new discussion on Reddit focuses on a major long position which was liquidated on the OKEx platform. It seems unlikely this open loss will be […]
It is a commonly (but not universally) known fact that the ultimate supply of Bitcoin is capped at 21 million. Unfortunately the same cannot be said for the Venezuelan Bolivar, which is going through a period of currency debasement every bit as bad as the events in Weimar Germany which […]
Any indication of positive momentum maturing across the cryptocurrency markets will seemingly not happen anytime soon. With the Bitcoin price still in the red, altcoins will not see much of an uptrend today. The Cardano price is a good example, as it continues to lose value at a very quick […]
Cryptocurrency markets are always interesting creatures. Their movements often make little to no sense, even though there are some general patterns which become apparent more often than not. It appears there may be some positive momentum later today, even though the EOS price is still struggling a bit as of right […]
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. The report further revealed that the Beijing-based firm […]
Mike Novogratz is making a big bet on the role of cryptocurrencies in the near future. The billionaire investor has been one of the most fervent and bullish crypto believers despite the market’s unpredictability, especially in the last few months. And now, after patiently waiting for months, his crypto merchant […]
The Securities and Exchange Commission has been grappling with the crypto industry as it strives to formulate rules for an industry that evolves faster than any other. While it’s yet to come up with a comprehensive set of rules, the commission is taking steps in that direction, and it’s appointed […]
With a market cap of just under US$7 billion, EOS is the fifth-largest cryptocurrency by valuation. Despite its massive valuation, its recent mainnet launch has been riddled with failures and shortcomings. However, it may soon see a boost in legitimacy thanks to the capabilities set to be provided through the MyWish […]
At press time, the father of cryptocurrency has fallen by another $200, and is trading for roughly $7,650. Most analysts believe that bitcoin’s alleged recovery is at an end for the time being, as the currency has dropped by nearly $700 since the weekend. Prior, bitcoin had been trading for […]
There is a lot of confusion as to what exactly McDonald’s is really doing with its MacCoin. A fair few people seem to think the company is entering the world of cryptocurrency, even though this is clearly more of a voucher system. Every MacCoin can be redeemed for a Big […]