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Japanese IT Giant GMO Quits Selling Crypto Mining Equipment after Market Slump

Per a report published on December 25, 2018, Japanese internet giant GMO has decided to call off their business of manufacturing and selling cryptocurrency mining machines. Market Slump to Blame for Declining Profits According to the report, GMO’s in-house mining business profitability took a major beating due to the declining cryptocurrency prices. дальше »

2018-12-28 09:00


While Ethereum (ETH) Price Continues To Rebound, ConsenSys’ Will Still Cut Over Half Of Its Team

ConsenSys To Cut 60% Of Its Staff Amid Bear Market The blockchain company ConsenSys seems to be cutting its staff according to data provided by the news outlet ‘the Verge.’ According to individuals with knowledge of the matter, it might be possible to see a cut between 50% to 60% of the personnel at ConsenSys. […] дальше »

2018-12-21 20:52


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Ethereum Studio Consensys’ Wild Ideas and Squandered Funds Led to Major Layoffs

Ethereum incubator Consensys is to cut 50 to 60 percent of its employees. The blockchain software company has already laid off 13 percent of its workforce in order to survive the bear market. According to one source, lack of product, wild ideas and an inability to sell technologies has made Consensys’ position financially precarious. дальше »

2018-12-21 13:45


Caleb and Brown Crypto Broker CEO Says Financial Advisors Are Buying Bitcoin (BTC) in Bulk

It seems that the bear market in the cryptocurrency space is a good opportunity for investors and financial advisors to purchase virtual currencies. According to the CEO of Caleb and Brown, one of the largest crypto brokerage services in Australia, financial advisors are purchasing large amounts of Bitcoin (BTC). Caleb and Brown, which was founded […] дальше »

2018-12-20 19:38


Bitcoin Bear Market is Scaring Off Institutional Investors says JPMorgan

Institutional investors are giving up on the Bitcoin (BTC) market says JPMorgan Chase & Co. , which may put us into even more of a bear market. According to Bloomberg, this news comes via a research note from December 14th in which analysts assert that “participation by financial institutions in Bitcoin trading appears to be fading. дальше »

2018-12-19 20:04


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Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals

Bloomberg reported December 18 that Tether, the largest stablecoin by market cap, is most likely backed by equivalent USD deposits. Tether’s Bank Statements Suggest USD Sufficiency According to the report, Bloomberg reviewed the bank statements of four separate months which depicted that the amount of USDT coins in circulation was in accordance with Tether LTD’s […] Bloomberg Finds That Tether Could Be Backed by Sufficient USD Collaterals was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-12-19 15:59


Nigerian Lottery Company Partners with Quanta to Introduce Blockchain Powered Lottery

Naija Lottery recently announced its partnership with Quanta, in a bid to introduce blockchain technology to the traditional lottery market. Revolutionizing the Lottery Industry Using Blockchain According to The Punch, the International Lottery and Gaming Limited (ILGL) also known as Naija Lottery, partnered with a new investor, Quanta, to introduce a blockchain investment platform. дальше »

2018-12-19 12:01


eToro Survey Shows Investors Interest in Crypto Asset Education is Growing Stronger

Although there we are in a bear market since the beginning of the current year, the interest in learning about cryptocurrencies remains. According to a new survey from eToro U.S., one of the largest trading platforms in the market, education is a key barrier that prevents investors from purchasing Bitcoin (BTC) and other digital assets. […] дальше »

2018-12-18 22:30


Zcash (ZEC) Sapling Privacy Features Becomes a Desirable Trait for Many New Services

ZCash (ZEC) is one of the so-called privacy coins in the cryptocurrency market. It allows individuals to transact funds without others knowing the number of funds moved and transacted. According to a recent post uploaded by Paige Peterson, since the Sapling network upgrade, the network has experienced an increased adoption of shielded addresses in the […] дальше »

2018-12-18 19:53


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Bitcoin extortionists threaten victims with ‘hitman’ unless they cough up $4K

Cryptocurrency scams are getting more old-school with every week that passes. Hacks seem to be too difficult these days and old-fashioned threats are becoming the way of the crypto-criminal. According to emails seen by Bleeping Computer, scammers are now threatening victims with a hitman if they don’t pay $4,000 in Bitcoin to call off the hit. дальше »

2018-12-18 18:27


Teen Crypto Millionaire Erik Finman Says Bitcoin is Dead Due to Community Fragmentation

The bear market that affected the whole crypto industry seems to have reached everyone in the space. Erik Finman, one of the youngest Bitcoin (BTC) millionaires said that Bitcoin is dead. This young investor placed $1,000 in Bitcoin back in 2011 and had around $8 million when the market was close to $20,000. According to […] дальше »

2018-12-17 01:58


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Blockchain PR Firm Wachsmann Terminates 16 Employees as Crypto Market Plunges

According to an article by PR Week, published on December 10, 2018, blockchain public relations and events company Wachsman has laid off 16 employees due to the current crypto market turbulence. 16 Employees Axed by Wachsmann Founded in 2015, Wachsman provides strategy, events, PR, and corporate development services to companies in the blockchain and cryptocurrency industry. дальше »

2018-12-12 20:00