Crypto Crime May Have Cost Sector $1.2 Billion in Q1, Says Report

2019-5-1 16:30

Losses arising from cryptocurrency hacks and fraud may have reached as high as $1.2 billion in the first quarter of 2019, CipherTrace estimates.

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Bitcoin is Now Moving 11% Of Venmo’s Yearly Total in One Day

Bitcoin scaling solutions may be getting huge publicity in 2019, but the amount of money the network processes daily could already cause headaches for competitors. Bitcoin Usage Tramples Venmo As Morgan Creek Digital co-founder Anthony Pompliano noted on social media April 17, Bitcoin’s ‘on-chain’ transaction volumes grew to $7 billion per day earlier this week.

2019-4-18 16:00


Facebook Coin Seeks $1 Billion in Funding; Is it Really the ‘Biggest Boon for Crypto Ever?’

Crypto entrepreneur and hedge fund manager Jeremy Gardner says Facebook’s impending cryptocurrency is not a threat to the bitcoin community. In fact, he believes it’s a huge positive for crypto. Speaking at the ELEV8 conference, Gardner said: “This may be the biggest boom for crypto ever… I can only see it being a net positive in the short term.

2019-4-9 17:40


Dow Plunges After Trump Unleashes $11 Billion Tariff Threat

Stop me if you’ve heard this one before: Donald Trump lashes out on Twitter to savage another government’s trade regime, and the Dow Jones Industrial Average drops by triple digits. No, the president didn’t lob another volley of insults at China as the two sides seemingly near a historic trade deal, but Trump may have just dropped the teaser trailer for the sequel – and Wall Street didn’t like what it saw.

2019-4-9 16:51


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Puerto Rico Approves Combination Bank for Fiat and Digital Assets

The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX).

2019-4-3 00:47


Trader: Bitcoin Bull Market Won’t Arrive Until Price Shatters $4,600

In the past seven days, the valuation of the crypto market has increased from $131 billion to $137 billion as the Bitcoin price slightly recovered to $3,960. Bitcoin Stagnancy Shows No New Money Entering Crypto Market The minor movement in the price of bitcoin despite the significant surge in the price of alternative cryptocurrencies suggest that existing money in the cryptocurrency market is moving – but new money is not flowing in.

2019-3-15 22:32


Crypto Market May Be Sailing In A Sea Of Red Today, But BTC Trading Volumes Are Reaching Record Highs

Coinmarketcap’s trading volume has reached a 300-day high concerning crypto volume trading, totaling $33.85 billion. The increase in treading volume seems to be due to a surge by the top 10 digital currencies, which make up over 90% of total trading volume in the crypto industry. As for the underlying cause of the surge, some […]

2019-2-24 18:50