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Despite Market Struggles, Crypto-Concierge Service The White Company Reels in $250 Million in Sales
While the price of Bitcoin has dropped from a whopping $20k to around $3.4k in less than 13 months, it is worth reporting that over the course of 2018 a crypto-concierge service called ‘The White Company’ has been able to draw in more than $250 million through sales alone. However, with all of the stringent […] дальше »
2019-2-3 22:38 | |
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Cryptocurrency Investors Lost $1.7 Billion to Hackers in 2018, Claims Two New Reports
A new report from CipherTrace suggests that hackers stole $1. 7 billion worth of digital currency from investors in 2018 as organized crime is becoming more common. A separate report from Chainalysis suggests that two sophisticated criminal groups stole $1 billion, accounting for a massive portion of total cryptocurrency hacks. дальше »
2019-2-2 15:59 | |
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Chainalysis Report: Two Groups Responsible for Most Publicly Reported Hacks
Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week. дальше »
2019-2-2 01:45 | |
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$190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All
QuadrigaCX, the largest bitcoin exchange in Canada, has lost $190 million worth of crypto after it lost access to its cold storage wallets. An affidavit filed on January 31 with the Supreme Court of Nova Scotia revealed that $190 million in Bitcoin, Bitcoin Cash, Bitcoin Cash SV, Bitcoin Gold, Litecoin, and Ethereum were lost. дальше »
2019-2-2 00:30 | |
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Crypto Raid In China Of Bitcoin Scam I Am A Clown (IAC) Worth 1.3 Billion Yuan ($193 Million)
Chinese Police arrested a group of cryptocurrency scammers following a raid in Xuchang City. The bust, which took place five months ago, was only publicized this week after a story on CCTV News. During the break-in, police seized cash valued at $1. дальше »
2019-2-1 02:07 | |
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Chainalysis: Darknet Market Activity Nearly Doubled Throughout 2018
Darknet markets are going as strong as ever, if Chainalysis data is to be believed. In its latest Crypto Crime Report, published earlier this week, blockchain analytics firm Chainalysis reports that darknet market activity has nearly doubled throughout 2018. дальше »
2019-2-1 00:35 | |
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Zebpay Continues European Expansion, Launches EU-Wide Trading Tournament
Cryptocurrency exchange Zebpay is opening new offices in five European countries, increasing its presence on the continent to 43 countries. Launched in 2015 in India, Zebpay grew into one of the country’s largest cryptocurrency exchanges before shuttering its operation in September 2018, due to the crypto ban in the country. дальше »
2019-2-1 00:24 | |
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Florida Judge Overturns Ruling That Bitcoin Isn’t ‘Money’
A Florida appeals court has overturned a ruling that acquitted a Localbitcoins trader of money laundering and working as an unlicensed money transmitter. Bitcoin No Longer ‘Poker Chips’? As local news outlet Miami Herald reported January 30, Michell Espinoza, who sold bitcoin worth around $1350 to an undercover police detective in 2014, will now face a jury. дальше »
2019-1-31 18:00 | |
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Genesis Capital Processed $1.1B of Cryptocurrency Loans in 2018
Cryptocurrency lender Genesis Capital provided $500 million worth of digital asset loans in the fourth quarter of 2018 alone, soaring almost 100 percent from six months earlier, when the company started its lending business. дальше »
2019-1-31 06:50 | |
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A Bitcoin-Backed Stablecoin Has Launched on the Ethereum Blockchain
Wrapped BTC (WBTC), an ERC-20 ethereum token collateralized 1-to-1 with bitcoin, is officially live, with about $250,000 worth in circulation. дальше »
2019-1-31 04:00 | |
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Wrapped Bitcoin Launches On Ethereum With $227K Injection
Wrapped Bitcoin (WBTC) has officially launched on Ethereum (ETH), allowing users to make bitcoin-based transactions on a different blockchain. With more than 20 launch partners and approximately 227K worth of WBTC already on the network, the project may be looking to take the lead over its main competitor, Wanchain (WAN). дальше »
2019-1-31 03:59 | |
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Bitcoin Prices Fall as New Futures Contract Opens from CME on Monday
On Friday, CME was the host of $125 million worth of transactions involving bitcoin derivatives on Wednesday and Thursday last week, closing by Friday the 25th. Though Bitcoin price did not seem to fluctuate in the slightest, Monday brought different news. дальше »
2019-1-30 02:08 | |
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Wall Street Demand For Bitcoin Surging? Fidelity Plans Crypto Custody
Fidelity Plans Bitcoin Custody Launch For March On Tuesday, reports arose that Fidelity Investments, the Boston-based finance giant with trillions of dollars worth of assets under management, revealed that its crypto-centric subsidiary, Digital Asset Services (FDAS), has plans to launch its Bitcoin (BTC) custody service by March. дальше »
2019-1-30 01:32 | |
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PrimeXBT launches: Is the new 100x leverage Bitcoin trading platform worth such hype?
In the recent weeks and months, there’s been a growing interest and increasing buzz within cryptocurrency communities, in the lead up to the launch of a new and advanced crypto-asset trading platform, called PrimeXBT. дальше »
2019-1-29 19:39 | |
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Italian Court Orders Bitgrail Founder to Refund $170M of ‘Missing’ Cryptocurrency
An Italian court has ruled that Francesco Firano, founder of defunct cryptocurrency exchange Bitgrail, was at fault for the disappearance of $170 million worth of the nano digital currency on his exchange last year. дальше »
2019-1-29 09:02 | |
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Back to Basics: What Is Money?
Our current economic system can be compared to a merry-go-round that has us consuming, trapped in debt and spending as quickly as we earn. What is fiat currency? Why do we use it and who controls it? And how does it compare to gold and bitcoin? It is worth going back to basics, to better understand […] The post Back to Basics: What Is Money? appeared first on Bitcoin News. дальше »
2019-1-29 23:00 | |
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Crypto Asset Investors, Here’s Five Cryptocurrencies Worth Pennies to Look into for 2019
While most people are familiar with the larger cryptocurrencies such as Bitcoin and Ethereum, there is another class of cryptocurrencies that are less known but still important in the industry, which is penny Cryptocurrencies. дальше »
2019-1-28 17:50 | |
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Europol Arrests Suspect behind $10 Million IOTA Theft
In a joint operation with police forces from the U. K. and Germany, Europol arrested an individual they believe was responsible for the creation of a fake IOTA wallet seed generator which stole around $11 million worth of IOTA in 2017, Europol announced in a press release on January 23, 2019. дальше »
2019-1-28 10:00 | |
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JPMorgan & Chase: Only Low-Cost Chinese Bitcoin Miners in Profitable Positions
Analysts at JPMorgan Chase & Co. are claiming that Bitcoin is no longer worth the cost to mine it — and only low-cost Chinese miners are in a winning position. The analysts at the American multinational investment bank and financial services company found that the production-weighted cost per bitcoin averaged just above $4,000 worldwide in Q4 2018. дальше »
2019-1-28 06:00 | |
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ConsenSys, Harvard, and Levi Strauss to Build Blockchain-Based Factory Safety Solutions
According to a press release published on January 24, 2019, a think tank comprising of Harvard University’s public health graduate school, New America, Levi Strauss Foundation, and blockchain startup ConsenSys have been awarded a federal grant worth $800,000 to develop DLT-powered solutions to track health and well-being records of factory workers. дальше »
2019-1-27 14:00 | |
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Bitcoin Price Analysis: Strong Move Likely Following Tightly Coiled Market
Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance. дальше »
2019-1-26 03:13 | |
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JPMorgan: Bitcoin Is Worth Less Than The Cost To Mine It, Fails as a Diversification Hedge
A recent analysis made by JPMorgan Chase & Co. has come up with a very tragic information: when you average the cost of mining Bitcoin globally, it costs about $4,060 USD to mine 1 Bitcoin (BTC). дальше »
2019-1-25 21:47 | |
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BitMex Insurance Fund Can Finance 51% Attack on Bitcoin Cash For a Year
Hong Kong-based trading platform BitMEX owns so much Bitcoin that it could launch multiple 51 percent attacks against some altcoins for months. Bitcoin Insurance Fund Worth $76 Million Those were the results of calculations from social media commentators this week as it emerged BitMEX’s Insurance Fund now contains 21,350 BTC ($75. дальше »
2019-1-24 05:00 | |
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Two of the Most Underrated Cryptocurrencies, yet Highly Promising Tokens
When newbies get into cryptocurrency for the first few weeks, it is easy to get drowned in the notion that only the top 10 highly ranked coins and tokens are worth investing in. With everyone talking about Bitcoin and Ethereum, it becomes harder for tokens with lower market caps to make the front page of […] The post Two of the Most Underrated Cryptocurrencies, yet Highly Promising Tokens appeared first on ZyCrypto. дальше »
2019-1-24 21:46 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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CoinZest Airdrop Event Goes Wrong, Customers Receive $5.3 Million Worth of Crypto
CoinZest, a South Korean cryptocurrency exchange has been left with no choice but to roll back all transactions on its servers after it mistakenly airdropped bitcoin and altcoins amounting to $5. 3 million to its clients, instead of the intended We Game tokens (WGT), according to local news source, CoindeskKorea on January 19, 2019. дальше »
2019-1-23 14:00 | |
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$16 Million Now Believed to Have Been Stolen in ‘Weird’ Cryptopia Hack
Details have so far been murky regarding millions of dollars worth of tokens stolen from New Zealand-based cryptocurrency exchange Cryptopia on Jan. 14. But data company Elementus has been investigating and now says the hack was different from previous attacks of this nature – and the amount stolen is much higher than originally thought. дальше »
2019-1-23 10:32 | |
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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments
Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »
2019-1-23 00:57 | |
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Lucid Believes Bitcoin Will Be Worth $10 Million Someday
Against the current trend, Lucid, an asset management firm believes the best of the new digital currency to take over financial transactions globally, Bitcoin. The Fate Of Bitcoin Many analysts have in recent past had so much to say about bitcoin. дальше »
2019-1-23 23:06 | |
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Indonesia’s First Unicorn Go-Jek Buys Bitcoin Startup
Indonesian multi-platform behemoth, Go-Jek, recently acquired Philippine-based Cryptocurrency payment company, Coins. ph. Reports indicate the move allows Go-Jek to expand its cashless service delivery across its plethora of service delivery platforms. дальше »
2019-1-23 23:00 | |
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Iceland’s “Bitcoin Bandits” Sentenced in Big Crypto Mining Theft Case Worth Nearly $800,000 USD
It has been reported that the primary suspects in the “Big Bitcoin Heist” of 2018 have been sentenced to prison terms following the much-reported heist that saw them steal over $750,000 worth of crypto mining equipment. дальше »
2019-1-22 18:57 | |
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Swedish Trader Expects to Pay 300% of Crypto Profits to Tax Agency
According to local media, a Swedish cryptocurrency trader is anticipating receiving a tax bill of approximately $1 million after conducting approximately $2. 9 million worth of trades across tens of thousands of transactions made since 2014. дальше »
2019-1-22 17:50 | |
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Celebrities May Be Scooping Up Millions Worth Of Bitcoin
Bitcoin started out as a grassroots movement. At first, developers, anarchists, and the internet zany were the first to adopt the cryptocurrency. Yet, over time, the crypto community has devolved into an array of demographics, with millions of individuals from across the globe investing time, money, and brainpower to bolster this industry. дальше »
2019-1-22 17:09 | |
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S. Korean Exchange Accidentally Sends $5 Million Worth of Bitcoin (BTC) In Error During Airdrop
An airdrop mishap worth $5 Million in Bitcoin (BTC) and other cryptocurrencies was sent to customers of the South Korean exchange of CoinZest. The exchange was meant to send an airdrop of We Game Tokens (WGT) but a computer error resulted in users not only getting BTC and other cryptocurrencies, but deposits in the fiat […] The post S. дальше »
2019-1-22 16:46 | |
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Cryptocurrency exchange botches airdrop, gives $5.3M to its users
Every week we seem to read another new story about yet another cryptocurrency exchange hack or scam in which users’ funds are stolen. But this week, a South Korean exchange has flipped the narrative on its head. дальше »
2019-1-22 13:56 | |
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Mastermind Who Planned Iceland’s Biggest Bitcoin Heist Jailed for 4.5 Years
Last year, Sindri Stefansson was arrested for his part in what has been described as the biggest heist Iceland has seen – over $2 million worth of Bitcoin mining equipment stolen in an operation that left police baffled. дальше »
2019-1-22 04:05 | |
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Bitcoin Transactional Volume Crossed $3 Trillion in 2018: Research
The transactional volume of Bitcoin, the world’s leading decentralized digital currency, exceeded $3 trillion in 2018, researchers found. According to Satoshi Capital Research (SCR), the Bitcoin network experienced $2. дальше »
2019-1-21 18:00 | |
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BitAngles Founder Files a New Lawsuit Over a $24 Million Cryptocurrency Theft Case
In a new development to a year-old crypto theft case, Michael Terpin, the founder of BitAngels investment group has filed a lawsuit seeking $81 million in damages. Terpin has filed a civil suit and Racketeer Influenced and Corrupt Organizations claim against a man from New York and other people, who allegedly stole $24 million worth of […] BitAngles Founder Files a New Lawsuit Over a $24 Million Cryptocurrency Theft Case was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »
2019-1-21 18:59 | |
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Co-owner of Bitcoin.org Cobra says Bitcoin Cash (BCH) is Dead Because it Lacks Good Leadership and will be worth $0 in a few years
Following Roger Ver’s statement that Bitcoin Cash (BCH) is the Bitcoin (BTC) of 2019, a co-owner of Bitcoin. org and Bitcointalk. org Cobra, has said Bitcoin Cash lacks direction which it direly needs as its death is imminent if good leadership is not in place. дальше »
2019-1-19 22:37 | |
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DUMA: Statement that Russia is Buying Bitcoin Has No Common Sense
CoinSpeaker DUMA: Statement that Russia is Buying Bitcoin Has No Common Sense It’s finally clear. Russia is not planning to buy $10 billion in Bitcoin. A rumour had recently surfaced suggesting that the Russian government was planning to purchase Bitcoins worth $10B this quarter but a Russian official has shot it down quite vehemently. дальше »
2019-1-18 12:07 | |
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Russian Duma Official Dismisses Government’s ‘Intention’ to Buy Bitcoin as ‘No Common Sense’
CoinSpeaker Russian Duma Official Dismisses Government’s ‘Intention’ to Buy Bitcoin as ‘No Common Sense’ It’s finally clear. Russia is not planning to buy $10 billion in Bitcoin. дальше »
2019-1-18 12:07 | |
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Living on Bitcoin Day 3: Brother, Can You Take a Sat?
This is the third instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 and on Day 2. дальше »
2019-1-18 00:05 | |
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Two South African Suspects Captured in Bitcoin Ransom Cases for Kidnapping Eight Months Later
In May 2018, a teenage boy named Katlego Marite was kidnapped, right in front of a family friend’s home in Emalahleni, South America. His kidnappers, at the time, demanded to be paid 1. 5 million-rand ($100,000) worth of Bitcoin to return the boy safely. дальше »
2019-1-17 21:34 | |
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Bitcoin ransomers arrested for kidnapping in South Africa
Police in Mpumalanga, South Africa, have arrested two suspects who demanded a Bitcoin ransom following the kidnapping of a teenage boy and the attempted kidnapping of a 13 year-old girl. The kidnappers demanded just over $100,000 (1. дальше »
2019-1-17 12:49 | |
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Whale Detected: Someone Just Moved $57 Million Worth Of Ethereum After Constantinople Delay
The crypto community is once again taking notice of a significant whale activity. There have been reports of various crypto whales moving their digital assets around. Sometimes it’s been about Bitcoin, some other times it’s been about XRP and other cryptos, but this time around, it’s all about Ethereum. дальше »
2019-1-17 00:17 | |
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Economist Behind Claim Russia Will Buy $10 Billion Worth of Bitcoin Said Price Would Collapse to $100 Last Year
Over the past week or two, a story about Russia adding bitcoin to their foreign currency reserves has been reported in a variety of media outlets such as The Daily Telegraph, Fortune, and ZeroHedge. дальше »
2019-1-16 18:00 | |
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