2018-12-21 15:16 |
The attestation report prepared by Grant Thornton has verified Circle’s claims that 177.1 million USDC in circulation were backed by more than $180 million in custody accounts.
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One of the most common hacks to punctuate the 2018 cryptocurrency media was illicit crypto-mining, also known as crypto-jacking, a recent report shows just how widespread it is becoming. According to the latest report from cyber security firm McAfee Labs, 2018 saw a 4000-percent increase in instances of crypto-mining malware.
2018-12-20 15:06 | |
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Polychain has announced a new capital injection of $175 million with their latest round of funding on December 19, 2018, according to a report by Axios. Polychain is a crypto hedge fund run by former Coinbase employee Olaf Carson-Wee.
2018-12-20 14:00 | |
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A recent Chainanalysis report states that only 37 percent of Bitcoin addresses are “economically relevant.”
2018-12-20 05:15 | |
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Bitcoin was about to turn the tide and recover its popularity just before the heavy November price nosedive, according to data released Wednesday by researcher Chainalysis. The blockchain investigators from Chainalysis report that Bitcoin’s 30-day moving average of flows to personal wallets was on the rise, surpassing $400 million by Nov.
2018-12-20 22:56 | |
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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 […]
2018-12-19 00:35 | |
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tZERO, a subsidiary of Overstock, has recently been hired by GSR Capital, a private equity company, in order to develop a new crypto token which will be used specifically for trading cobalt. According to the official report made from Overstock, the new token could lead $200 million USD worth in minerals to be fully tokenized. […]
2018-12-18 01:57 | |
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French Government Recommends $570 Million USD Investment In Blockchain Via Report Looks like France is set to invest in the blockchain technology soon. A new report made by the government of France has affirmed that the government should invest at least half a billion Euros (around $570 million USD) on state-level blockchain projects from 2019 […]
2018-12-14 23:59 | |
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80% of Bitcoin Wallets Contain Less Than $100 There are 23 million bitcoin wallets in the world today. The vast majority of those bitcoin wallets, however, are virtually empty, according to a new report.
2018-12-12 22:04 | |
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The total amount of stolen cryptocurrency since the beginning of 2018 exceeded $900 million. Despite all warnings, the security systems of cryptocurrency exchanges and blockchain platforms remain extremely vulnerable.
2018-12-14 18:18 | |
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The total hash rate of the Bitcoin network has fallen by 31 percent since November, representing around 1. 3 million Bitmain S9 miners that have been turned off as they struggled to stay profitable in the bear market, BitMex revealed in a report on December 10, 2018.
2018-12-12 08:00 | |
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Last week, it was reported that a Bitcoin whale had moved thousands of bitcoin into different wallet addresses. Between December 1 to December 6, 2018, the whale split 856,000 bitcoin between 107 wallets, sending an equal 8,000 BTC into each wallet.
2018-12-12 23:53 | |
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The market crash for the prices of nearly all cryptocurrencies has been taking a major toll on everyone. From investors to developers to miners, the community is suffering, and the changing prices have had a ripple effect.
2018-12-11 00:56 | |
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Four Billion KRW Allotted To Create New Blockchain-Based Virtual Power Plant In South Korea In a new report by Yonhap News Agency, the South Korean government appear to be making changes within the city of Busan.
2018-12-10 22:48 | |
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Former portfolio manager at the University of Chicago endowment and current CIO of Blocktower Capital, Ari Paul, was reported to have made the largest-ever speculative play using BTC options during December of 2017.
2018-12-10 11:30 | |
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Brazilian Crypto Exchange Sends $35 Million To $127 USD Withdrawal By Mistake Bitcambio, a crypto exchange based in Brazil, has made one the silliest and biggest mistakes ever made in the crypto industry.
2018-12-8 23:54 | |
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Report From Aion Foundation Shows Selloff Of “Decent” Level Of Bitcoin And Ethereum, Projecting 18-Month Runway On Wednesday, Aion Foundation published a report, starting off with discussing their $23 million raised from the sale of both Bitcoin and Ether, which happened on October 2017.
2018-12-6 01:04 | |
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New cryptocurrency exchange has reportedly raised $27. 5 million from investors which include NASDAQ Ventures and Fidelity Investments. The platform will offer cryptocurrency trading on spot and future markets starting next year.
2018-12-5 16:00 | |
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The crypto-jacking epidemic continues this week with news that 415,000 routers have been infected with crypto mining malware. The targeted routers were quietly hijacked to mine cryptocurrency without alerting users.
2018-12-5 02:50 | |
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Galaxy Digital Holdings, a cryptocurrency merchant bank owned by former Goldman Sachs macro trader Mike Novogratz, has revealed that it lost $41 million in the third quarter of 2018 in an official filing.
2018-12-1 22:00 | |
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Cryptocurrency mining malware attacks, which infected over five million people in the first three quarters of 2018 alone could be entering your systems via pirated software and content. Malicious cryptocurrency mining is the biggest threat to internet users in 2018, leaving behind ransomware which had been most prevalent over the last few years.
2018-11-30 15:59 | |
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The Mike Novogratz-led Galaxy Digital Holdings LP suffered $76 million in third-quarter losses, taking the company’s losses in 2018 so far to a grand total of $175 million. Galaxy Digital Q3 Losses Total $76 Million As Bear Market Continues Cryptocurrency merchant bank, Galaxy Digital, has released its quarterly earnings report, and the results from the.
2018-11-30 02:00 | |
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The U. S. Justice Department recently announced the indictment of two Iranians involved in a high-profile Bitcoin ransomware attack. Iranian Hackers Collect Bitcoin as Ransom According to a report by The Washington Post, the Justice Department of the United States on Wednesday (November 28) announced the indictment of two Iranian nationals involved in cryptocurrency ransomware attacks, […] The post Bitcoin Ransomware: The U.
2018-11-29 12:16 | |
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Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat.
2018-11-28 01:21 | |
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The Dutch Data Protection Authority (Dutch DPA) just announced itcealed the 2016 breach for over a year, in which hackers gained access to personal data of 57 million people worldwide, such as names, email addresses, and telephone numbers.
2018-11-27 13:16 | |
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Bit Trade, a leading Australian bitcoin trading venue that claims to offer clients fast, secure and straightforward cryptoassets trading services has announced the launch of its crowdfunding campaign via Equitise, to enable it raise $3 million for its strategic growth and international expansion plans, according to a Business Insider report on November 22, 2018.
2018-11-24 16:46 | |
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The infamous “BCH Hash War” has not only been highly damaging to the entire crypto ecosystem, but those responsible for the fall are also suffering multi-million dollar losses, according to a recent report published by Bitmex Research.
2018-11-24 23:26 | |
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HTC, the maker of the first ever commercially available Android phone, is still keen on making new devices, even after a disappointing year that saw it lose $330 million in the fourth quarter. A report from DigiTimes suggests that the company has waved off any suggestions of quitting the smartphone business.
2018-11-23 18:09 | |
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The attestation report made by Grant Thornton US has verified Circle’s claims that more than 127.4 million USDC coins in circulation were backed by the same amount of fiat money in custody accounts.
2018-11-22 20:07 | |
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The Lightning Network continues to post steady growth. According to data from 1ML, the network is now supported by roughly 4,070 nodes, which house just over 12,500 payment channels, an average of 10.
2018-11-17 01:17 | |
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The U. S. Securities and Exchange Commission (SEC) has agreed to settle charges with two startups that sold tokens through Initial Coin Offerings (ICOs) in 2017. The companies were charged by the SEC for running their ICOs after the regulator clearly defined such offerings as unlicensed securities in its DAO Report of Investigation.
2018-11-17 00:07 | |
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TRON Releases Its Weekly Report: Daily Transactions Exceed 1 Million within 131 Days after Joining Huoxin Community In the week of November 3rd to November 9th, it’s when the Tron Foundation published its weekly report.
2018-11-16 17:12 | |
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Facebook released its community standards report today, in which it detailed how it dealt with fake news, spam, hate speech, and terrorist propaganda on its platform. The company noted that, between April and September 2018, it removed a whopping 1.
2018-11-16 10:16 | |
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According to a report by Bloomberg, published November 13, 2018, U. S. resident named Joseph Kim has been fined $1. 1 million and sentenced to 15 months in prison for orchestrating fraudulent schemes related to bitcoin (BTC), and litecoin (LTC), thus duping his employer and several other customers of their money.
2018-11-16 00:00 | |
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Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina.
2018-11-15 17:45 | |
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According to data released by the Huobi research team on Nov. 13th, the number of Bitcoin transactions reached 1. 92 million marking an 8. 6 percent increase from last week and reached “a half-year high.
2018-11-15 19:44 | |
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The Tron Foundation published its weekly report for the week running from Nov. 3rd to Nov. 9th, and as usual, it is packed with information on what happened during the specified period within the Tron community.
2018-11-14 15:29 | |
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The latest in a string of companies posting cryptocurrency mining losses has come from Japanese internet giant, GMO. The internet infrastructure business posted a loss of over $5. 5 million dollars for its cryptocurrency mining division for the third quarter of this year, according to its recent financial report.
2018-11-13 19:09 | |
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Japan’s IT behemoth GMO published its Q3 2018 financial report on November 12, 2018, which reveals the company’s “historical performance” in its cryptocurrency business line. According to the report, the firm’s crypto segment earned revenue more than JPY 2.
2018-11-13 18:00 | |
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International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts.
2018-11-13 00:43 | |
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After Samsung teased its foldable phone at an event last week, South Korea’s Yonhap News Agency reported today that the company plans to launch the device in March 2019 – with a hefty price tag.
2018-11-12 13:48 | |
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A Canadian Bitcoin mining firm, Hut 8 has reported record revenue of CAD17. 7 million ($13. 4 million) in Q3, according to its quarterly financial report ending Sept. 30th published on Nov. 8th.
2018-11-10 15:59 | |
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Bear market no obstacle to institutional investors moving $330 million into Grayscale funds in the first three quarters of 2018
2018-11-10 14:01 | |
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Mobile payments and merchant services provider Square, Inc. has revealed its Q3 revenue report, and with it has shared some positive growth in Bitcoin-related revenue. Square Shows Steady Continued Growth in Bitcoin Revenue According to Square’s third quarter 2018 revenue report, the mobile payment firm generated $431 million in adjusted net revenue – beating FactSet.
2018-11-10 01:00 | |
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Hut 8 Mining Corp. , a Canadian bitcoin mining company, has released its third quarter earnings report, which shows a net loss of US $8. 7 million on higher depreciation costs. Depreciation spiked to $13.
2018-11-10 23:10 | |
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2018 will certainly go down as the year of the exit scam as yet another initial coin offering (ICO) has disappeared out of thin air – along with millions worth of investors’ cryptocurrency. Blockchain company Pure Bit has seemingly walked off with $2.
2018-11-9 18:17 | |
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The School of Computer Science at the University of Guelph has partnered with an award-winning startup to revolutionize connectivity across Northern Canada. The Maple Ridge-based tech company Left has teamed up with the University of Guelph to launch a $2.
2018-11-9 23:04 | |
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In an apparent first, the U. S. Securities and Exchange Commission (SEC) has charged the founder of EtherDelta, Zachary Coburn, with running an “unregistered national securities exchange,” according to a press release from the regulator.
2018-11-9 20:32 | |
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Crypto Mining Is More Energy Intensive Than Mining Any Other Material A shocking report by a British Journal Nature Sustainability shows that in the past two years, cryptocurrency mining has generated between 3 million and 15 million tons of carbon emissions.
2018-11-6 17:39 | |
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A report published today has stated that mining $1 worth of Bitcoin requires more electricity than mining almost any material traditionally dug from the earth. The authors state that between three million and 15 million tons of carbon emissions have been caused by the sector over the last two years.
2018-11-6 00:00 | |
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Ethereum whales increase holdings, but network growth slows. ETH gains slightly, but investors hold out for a $4k milestone. Ethereum[ETH] witnessed a significant uptick over the last few daThe post Ethereum whale accumulates 15K ETH: Will this finally help prices? appeared first on AMBCrypto.
Rumors that the Chicago Mercantile Exchange (CME), a global leader in derivatives trading and clearing, is planning to introduce spot Bitcoin trading for its clients have impacted the Coinbase share price.
A positive week for Bitcoin, gaining approximately 8% and surpassing the significant $66,000 price mark after institutional investors submitted their quarterly 13F reports to the SEC - revealing some major holdings in the Bitcoin ETFs.
The price of XRP could drop to $0.48 after a ton of holders sold the token. Volatility spiked, network activity slumped, indicating that recovery Addresses with 100,000 to 1 million XRP haveThe post XRP holders dump tokens: Will price drop below $0.50 now? appeared first on AMBCrypto.
Ripple made massive progress in Q1 in many areas. Development activity on the network fell. Ripple [XRP] saw massive fluctuations in terms of price over the last week. However, the progress The post Ripple records a strong Q1: What does the future hold for XRP? appeared first on AMBCrypto.
ETH could be close to its bottom after the transaction size failed to spike. While the price might slip, traders are convinced of a quick recovery. On the 19th of May, AMBCrypto observed thaThe post Ethereum's transaction size falls 54%: Why it's not bad news for ETH appeared first on AMBCrypto.
Toncoin has seen a surge in whale activity on its network. TON, however, is at risk of a price decline. Toncoin [TON] has witnessed a spike in whale activity on its network in the past few wThe post Whale watch: $1B in Toncoin trades shake the market, tracking what's next appeared first on AMBCrypto.