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Coinbase and Kraken hit back at NY Attorney General’s scathing criticism

Cryptocurrency exchanges are hitting back at New York Attorney General’s scathing criticism, suggesting the industry lacks fairness, integrity, and security. Earlier this week, the office of the NY Attorney General office published a report which highlighted a number of risks cryptocurrency exchanges expose their users to, including the possibility of market manipulation. дальше »

2018-9-20 13:50


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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic. дальше »

2018-9-15 01:22


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Bitmain Lost $328 Million Buying Bitcoin Cash, According to BitMex Research

Bitmain made a bad bet on Bitcoin Cash but could still become “one of the great companies” in the cryptocurrency world, researchers from BitMEX reveal. ‘Bitmain Can Be A Legendary Crypto Company’ As part of an in-depth look into the mining giant ahead of its controversial planned initial public offering (IPO), BitMEX considered the potential for the company to recapture its former success while leveling thinly-veiled criticism at its management. дальше »

2018-8-30 22:00


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Binance Sees Volume Growth As Coinbase Nurses 80% Drop

Binance has destroyed Coinbase and other major exchanges on volume in 2018 despite criticism of its altcoin-heavy focus. Data Reveals ‘Steep Declines’ The latest issue of monitoring resource Diar’s newsletter presents startling data from some of the best-known cryptocurrency trading platforms with Coinbase’s overall volume plummeting 83 percent in the seven months to July. дальше »

2018-8-22 01:00


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Forget Satoshi, Bitcoin is Fulfilling PayPal’s Original Vision

PayPal has come in for fresh criticism as commentators renew claims the company has all but failed in its mission to transform money usage. PayPal Slips Up In Turkey In an interview with the Wall Street Journal earlier this year, CFO John Rainey had admitted Bitcoin and cryptocurrency could become “as popular as payments” in future. дальше »

2018-8-17 07:00


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Consumers Have Lost Almost $100 Million To ICO Exit Scams

A common criticism that onlookers have for the cryptocurrency industry is that it is rife with scams and criminal wrongdoings. While this is often an unwarranted blanket classification of this nascent industry, research done by Diar, a weekly fintech-focused publication, claims that there are still some bad actors present in this industry According to last week’s […] The post Consumers Have Lost Almost $100 Million To ICO Exit Scams appeared first on Ethereum World News. дальше »

2018-8-14 02:36


Binance Reveals Pre-Alpha Demo of Decentralized Exchange & Binance Chain Amidst Listing Fee Criticism

Cryptocurrency exchange giant Binance has unveiled a pre-alpha demonstration of its own decentralized exchange in a move that foreshadows the future of the crypto trading ecosystem. First announced in May, the Binance Decentralized Exchange (DEX) is part of a greater project that will see the exchange platform launch a tailored blockchain, called “Binance Chain. дальше »

2018-8-11 10:00


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Unhackable? McAfee Hardware Wallet Uses Parts From ‘Cheap’ Smartphones

John McAfee and cryptocurrency hardware manufacturer Bitfi are facing heavy criticism after photos of the pair’s new wallet appeared online. ‘No Sign Of A Secure Element’ The Bitfi hardware wallet, which creators claim is “unhackable,” in fact runs off a standard motherboard common in “cheap” smartphones, social media users claim. дальше »

2018-7-30 18:00


John McAfee Bashed HitBTC Crypto Exchange is Suspending Users Accounts

HitBTC Exchange Faces Criticism on Multiple Fronts HitBTC is among the oldest cryptocurrency exchanges currently in existence. Though perhaps for some this title means little considering the small length of time for which the market has even existed at all, HitBTC has still managed to stick around through the thick and thin of an incredibly […] дальше »

2018-7-27 23:15


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Ethereum ‘Catalyzed’ Crypto Bull Market, Says Circle CEO Allaire

Circle CEO Jeremy Allaire has publicly praised Ethereum, countering cryptocurrency community criticism of the network and its perspectives this week. Allaire Bullish On Ethereum In comments to CNBC’s Fast Money segment, Allaire, whose Circle has renewed its thrust into the cryptocurrency industry this year, attributed 2017’s market success to Ethereum development. дальше »

2018-7-19 21:00


EOS Founder Wants to Scrap the Platform's Constitution, Start Anew

Daniel Larmier, the founder and technical architect of EOS, has confirmed that he wants to scrap the platform’s current constitution and build a new one. Speaking on the EOSIO Gov Telegram Channel, Larimer claimed he has doubts about the company’s current on-chain governance model and called the existing constitution “unwise. дальше »

2018-6-28 01:44


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A new business model will take Crypto Exchange Rankings

The recently introduced “trans-fee mining” revenue model is starting to change the cryptocurrency exchange landscape, despite some criticism of the method from industry insiders. According to CoinMarketCap, two exchanges have just shot to the top of the 24-hour trading volume rankings after rolling out trans-fee mining for users. First featured by FCoin, a new exchange launched дальше »

2018-6-26 15:58


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Coinbase: Over 100 Pages of SEC Complaints Reveal Fraud Allegations

Leading U. S. cryptocurrency exchange Coinbase is under heavy criticism by its users for being underprepared to handle increasing demand. Coinbase Not Ready For Its Own Success The criticism was documented by a five-month Freedom of Information Act (FOIA) process, which comprised a total of 134 pages of complaints filed by users of the exchange with the U. дальше »

2018-6-25 21:00


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