Three weeks after a University of Texas professor published a report alleging that Tether and Bitfinex had manipulated the price of Bitcoin all throughout 2017, a new report has emerged that questions the stablecoin’s trading pattern on Kraken, an American crypto exchange. The report was published on Bloomberg and included […]
Search Results for "Hack"
Bithumb Recovers Nearly Half of its Stolen Funds Thanks to Other Exchanges
Bithumb is one of the largest cryptocurrency exchanges in the world. Its status has attracted a lot of unwanted attention from criminals, culminating in a $31 million hack earlier this month. The company has been working on recovering the money and scored some initial success in this regard. The Bithumb […]
OKEx Confirms Platform Is Safe from Alleged USDT Deposit Issue
The cryptocurrency industry has grown tremendously over the past few years. An influx of new users has occurred, although it seems there has also been a lot more attention from criminals. As such, exchanges need to be wary of any developments which could pose a threat to their businesses. The […]
7 of the Biggest Scams in Crypto History
We’ve all seen the headlines. Dive deeper into the world of digital currency and there’s a decidedly seedy layer lurking underneath. We’re talking about drug barons and tax evaders, cybercriminals, and rogue miners. And if that weren’t enough, you have to make sure you don’t fall victim to ICO scams […]
Blockchain Is a Bubble but Still Has Potential: Apple Co-Founder Steve Wozniak
Steve Wozniak has been in the technology industry for a long time, and he has seen it all. He was there during the dotcom era, and he believes that blockchain is similar to the dotcom bubble. Wozniak, who founded Apple with Steve Jobs four decades ago and has watched it become […]
What Is HoshoCon?
Blockchain security is quickly becoming a pressing topic. So much, in fact, that it is getting its very own conference in Las Vegas later this year. HoshoCon is meant to highlight issues and solutions pertaining to blockchain security. It’s just another sign of how this industry is maturing. Blockchain Security […]
Cryptocurrency Exchange Insurance Policies Remain Difficult to Come By
Running a cryptocurrency exchange may seem easy on paper. In the real world, it is very difficult. Dealing with new users, ensuring operations remain normal, and even obtaining insurance are just some of the struggles these companies go through. Insuring a Cryptocurrency Exchange There is a good reason why any […]
Bitcoin Price Watch: Currency Drops Another $200
At press time, the father of cryptocurrencies is hovering just over $6,000, marking a $200 drop from yesterday’s main trading position. The currency has been very up-and-down over the past few days, falling to $6,100, then spiking to $6,300 before incurring its present losses. It is unclear when – or […]
Bitcoin Price Watch: Currency Sinks By $100
At press time, bitcoin has sunk to $6,200, and is trading for approximately $100 less than where it stood during yesterday’s afternoon hours. It appears the bears have not given up the reins just yet, and we still have a lot of catching up to do. Financial analyst Spencer Bogart […]
Fear of WannaCry Fuels New Email Spam Campaign
In the world of ransomware, there is no such thing as a quiet day. Although the days of WannaCry attacks are long past, it seems some people are trying to bring them back. A new email blackmail campaign is sending out threatening messages in this regard, even though it has […]
Gun Industry’s Concerns Over Access to Financial Services Create Opportunities for Bitcoin
Finding new use cases for Bitcoin and other cryptocurrencies has not been easy or straightforward. It now seems a new potential use case is on the horizon, as the gun industry is getting fed up with bankers’ attitudes. Guns and Cryptocurrency Most people will agree Bitcoin and other cryptocurrencies do […]
Bitcoin Price Watch: Currency Remains Where It Is
At press time, the father of cryptocurrencies hasn’t moved from its previous position, and is still trading for approximately $6,100. It’s disappointing in the sense that everyone wants bitcoin’s price to spike, but it’s also a positive sign that bitcoin is not dropping any further… At least for now. Forbes […]
Top 7 Ways to Protect Yourself Against Cryptojacking
Cryptojacking is on the rise. In fact, it’s now one of the fastest-growing types of cybercrime. And here’s the real kicker: you don’t have to be involved in cryptocurrency to become a victim. In fact, just about as idyllic as Satoshi’s white paper, cryptojacking is completely blind to status, wealth, […]
EOS Suspends 27 Accounts with No Reasons Given, Community Upset over Centralization
In a tweet, one member of an online cryptocurrency community revealed that EOS has instructed block producers to censor transactions from 27 accounts without specific reasons. The instructions read: “Pursuant to Section 3.5 of the EOS Core Arbitration Forum (ECAF) Rules of Dispute Resolution, the Emergency Arbitrator appointed to review […]
Bitcoin Price Watch: Is the Recent Drop Part of a Bigger Picture?
At press time, bitcoin is retaining its $6,100 price from yesterday. The currency fell to this position from $6,700 after Japan’s Financial Services Agency (FSA) sent notifications to more than five digital currency exchanges saying that they must heighten their security measures against money laundering after noticing weaknesses in their […]
Are Centralized Exchanges Breaking the Crypto Promise?
Exchange hacks are becoming the new normal. Just two weeks after Conrail’s $37.2 million hack, it was time for Bithumb’s $31 million hack, with the difference being that Bithumb is the world’s sixth largest cryptocurrency exchange based on CoinMarketCap data, far larger than Coinrail. Last December, another South Korean exchange called Youbit […]
Bitcoin Price Watch: Currency Sinks to New Low
At press time, bitcoin has shrunk down to $6,100 – the lowest it’s been in nearly four months. All the talk of bitcoin developing newfound resistance appears to be moot; the coin remains as vulnerable as ever, and traders should brace themselves for bitcoin to strike the $5,000 range next. […]
TRON Making Moves as Its Independence Day Draws Closer
TRON has been making headlines as its Independence Day draws closer, and its value has been benefiting greatly. The startup, which aims to develop a decentralized internet, launched its mainnet on May 31, which caused genuine excitement in the crypto community. The launch of the mainnet will see ERC20 token holders […]