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Hong Kong Cryptocurrency Entrepreneur Accused of Scamming Investors of Millions

On January 7, 2019, The South China Morning Post reported that several residents had been duped of over HK$3 million (~$382,000) in a crypto mining scheme by entrepreneur Wong Ching-kit. Backstory: Face of a Mining Operation Wong Ching-kit, a cryptocurrency entrepreneur, has been accused of running a scam by several Hong Kong residents who accuse him of making away with just under. дальше »

2019-1-9 12:00


‘XRP to Become world’s No. 1 Cryptocurrency, Bitcoin heading for new all-time highs’: Weiss Ratings Makes Heavy Predictions for 2019

Although the space has been mired in a long bear market, Weiss Ratings just came out with their predictions for 2019 and it’s looking extremely optimistic for crypto holders. The predictions are based on several criteria including market trends, but also expected forward leaps in technology and adoption. дальше »

2019-1-5 01:01


Analyzing Bitcoin’s Evolving Mainstream Media Relationship as Crypto Assets Seek the Promise Land

After ten years in the market, Bitcoin (BTC) has appeared several times in mainstream media. Although during the first years Bitcoin did not have any coverage, as the prices and interest in the virtual currency grew, media started to talk about the most popular virtual currency in the market. One of the first things that […] дальше »

2018-12-29 22:15


Crypto Markets Recover Slightly After Yesterday’s Drop, Equities Market Trades Flat

Following yesterday’s drop in the crypto markets, most cryptocurrencies have recovered some of their losses and are trading up over a 24-hour trading period. The traditional equities market, which has seen increased volatility over the past several weeks, is currently trading flat and one prominent investor believes further instability could be right around the corner. дальше »

2018-12-29 23:00


Over 70% of Respondents say XRP Will see the Biggest Return in 2019, Survey

After several crashes in 2018, many have been left wondering which of these crypto startups would survive and which digital assets will keep from sinking to 0.  There’s no shortage of opinions regarding which of these coins will prove to be valuable and which become useless, but when a popular crypto personality and Twitter account […] The post Over 70% of Respondents say XRP Will see the Biggest Return in 2019, Survey appeared first on ZyCrypto. дальше »

2018-12-28 00:09


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Bitmain Reportedly Will Sack More Than Half of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »

2018-12-29 21:20


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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »

2018-12-27 21:20


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New Indian Governmental Committee Wants Cryptocurrencies to Be Legalized

The Indian cryptocurrency scene is murky as crypto entities are facing a banking ban and the government has explicitly asked investors to stay away from Bitcoin and other cryptocurrencies. However, the second interdisciplinary committee is now saying that cryptocurrency could be legalized in India with several terms and conditions, as reported by The New Indian Express. дальше »

2018-12-27 16:04


Investor: Bitmain Firing 80% Workforce is Bad for Bitcoin Cash and Litecoin

According to several reports, crypto mining giant Bitmain is running out of funds. And it could be bad for Bitcoin Cash and Litecoin. $315. 5 million worth of Crypto-Assets Kyle Samani, the co-founder of Multicoin Capital, a crypto fund, warned in a Tweet that Bitmain would liquidate its crypto-assets to accumulate fiat-funds for its business operations. дальше »

2018-12-26 17:27


New Bloomberg Report Shows Wall Street Banks Shun Bitcoin, Distance Away from Crypto Markets

In a recent report released by Bloomberg, recognized Wall Street firms such as Goldman Sachs, Morgan Stanley or Barclays, are still far from launching crypto-related products. During 2018, several analysts believed that these institutions were going to release crypto-related products to the market as soon as in the first part of 2019. Nevertheless, these products […] дальше »

2018-12-24 21:31


Crypto Mining GPU Producer Nvidia Becomes The Worst S&P 500 Performer Due To Bear Market

GPU Producer Nvidia Becomes The Worst Performer In S&P 500 Amid Bear Market The cryptocurrency bear market has affected several companies and virtual currencies in the space. Many Initial Coin Offerings (ICOs) that gathered several millions of dollars were not able to launch a working product to the market. But the crypto mining industry has […] дальше »

2018-12-23 20:58


Here’s A Refresher On How To Explain Bitcoin At Christmas As Crypto Interest Remains High For The Holidays

Interest For Bitcoin Remains High Around The World Although Bitcoin (BTC) and virtual currencies did not have a positive year, the interest in virtual currencies remains high. There are several retail investors and people that are very interested in understanding how cryptocurrencies work and which is the future potential they have. According to a new […] дальше »

2018-12-21 20:26


Bloomberg Crypto Report Says Tether Stablecoin Earned $6.6 Million in Interest in First Half of 2018

Tether (TS) was able to earn around $6.6 million during the first six months of the year according to a report released by Bloomberg on December 18. With the US Dollars reserves that it has across different banking institutions, the company is able to make several millions of interests. At the same time, citing sources […] дальше »

2018-12-19 00:35