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Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall
Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company’s LEO token. Bitfinex’s parent company iFinex sold $1 billion in LEO tokens for USDT from private investors during a 10-day token sale in May 2019 to cover an $850 million loss from Crypto […] The post Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall appeared first on CryptoSlate. дальше »
2019-6-16 00:50 | |
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Could Litecoin overtake XRP before the halving?
Litecoin has been surging amid the upcoming block rewards reduction. LTC’s market capitalization recently increased by $2 billion leaving Bitcoin Cash behind. Now, as the bullish trend continues the question is, “will LTC flip XRP?” The Halving Event Fifty-five days from today, at exactly block 1,680,000, Litecoin will go through a fixed process called halving […] The post Could Litecoin overtake XRP before the halving? appeared first on CryptoSlate. дальше »
2019-6-12 23:01 | |
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Crypto markets drop $30 billion, is Bitcoin pulling back?
In the past seven days, the valuation of the crypto market has fallen by around $30 billion as the bitcoin price dropped by nine percent from $8,567 to as low as $7,451 on major exchanges like Coinbase and Bitstamp. дальше »
2019-6-10 12:00 | |
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Data shows mainstream interest in Bitcoin is surging
Cryptocurrencies have grown from a niche market to a huge industry with a $230 billion market cap in less than a decade, but are yet to become a financial norm in a large part of the world. However, there has been a steady increase in the amount of recognition the industry gets, from organic Google […] The post Data shows mainstream interest in Bitcoin is surging appeared first on CryptoSlate. дальше »
2019-5-18 13:49 | |
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Circle CEO: institutional market arrived in bitcoin as CME clears $1 billion in 1 day
On May 13, as the bitcoin price climbed from $7,000 to $7,700 within hours and the CME bitcoin futures market recorded a daily volume of over $1 billion. The CME Group tweeted: CME Bitcoin futures reached an all-time record high of 33. дальше »
2019-5-16 14:35 | |
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Crypto hedge funds managed to survive the 2018 bear market
Cryptocurrency hedge fund managed to survive the 2018 bear market that caused the price of Bitcoin to drop by over 70 percent. A report published by PwC and Elwood analyzed 150 crypto hedge funds that manage around $1 billion in digital assets and found that they suffered losses of only 47 percent. дальше »
2019-5-15 11:48 | |
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Bitfinex CTO says $1 billion fund raise complete, is it good for the crypto market?
According to Paolo Ardoino, the chief technology officer (CTO) of Bitfinex, the crypto exchange has completed fundraising of $1 billion in tether (USDT). Ardoino said: “Bitfinex is able to raise 1b USDt in 10 days, in a private sale. дальше »
2019-5-13 13:15 | |
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OneCoin sued by former investor over multi-billion dollar fraud
OneCoin, a controversial cryptocurrency issuer accused of running a $4 billion pyramid scheme, has been sued by a former investor over her losses. A request was also made for class-action status to be granted for the suit to include other plaintiffs who say they were scammed. дальше »
2019-5-9 13:11 | |
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Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering
Zhao Dong, one of China’s biggest OTC traders, recently published a marketing document detailing iFinex Inc. plans to conduct an initial exchange offering (IEO), aiming to raise $1 billion. The move follows a probe led by the attorney general of the State of New York, which revealed the apparent loss of $850 million in funds […] The post Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering appeared first on CryptoSlate. дальше »
2019-5-8 17:09 | |
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Bitcoin marketcap rockets past $100 billion: will $6,400 confirm bull market?
In the past 24 hours, the bitcoin price spiked from around $5,374 to $5,778 on regulated fiat crypto exchanges like Coinbase in the U. S. , surging past $5,800 in several other markets. The 5 percent upside movement of bitcoin led the market capitalization of the dominant crypto asset to surpass the monumental $100 billion mark. дальше »
2019-5-4 22:15 | |
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PewDiePie ditches YouTube and Twitch streaming for DLive’s blockchain platform
PewDiePie, internet culture icon and the most popular streamer on the planet, is switching to DLive’s blockchain streaming platform. The Planet’s Most Popular Streamer Felix Kjellberg, known by his streamer handle PewDiePie, is one of the world’s most popular streamers. дальше »
2019-4-10 10:27 | |
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Facebook allegedly raising as much as $1 billion for its cryptocurrency stablecoin
Facebook is looking for VC firms to invest in its cryptocurrency project for sums as large as $1 billion, according to NY Times reporter Nathaniel Popper. The company is allegedly designing its crypto as a stablecoin for WhatsApp using a basket of foreign currencies as collateral. дальше »
2019-4-9 06:03 | |
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Following bitcoin’s 19% surge, crypto explodes: bull market in the works?
Bitcoin’s price recorded an impressive 19 percent rally from $4,200 to nearly $5,000 while market capitalization increased by $20 billion within the span of an hour. In the past month, fueled by the strong performance of crypto assets and alternative cryptocurrencies, the valuation of the crypto market rose by more than $40 billion from $125 […] The post Following bitcoin’s 19% surge, crypto explodes: bull market in the works? appeared first on CryptoSlate. дальше »
2019-4-3 02:23 | |
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Each Transaction Costs the Bitcoin Network $45, Large Improvements Needed to Beat VISA
Bitcoin is sometimes cited as a potential competitor to leading payments processing service VISA. However, data from the Bitcoin blockchain suggests the network has a long way to go before it can match the convenience, speed, and cost of VISA. дальше »
2019-3-31 15:55 | |
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Coinbase Earn Giving Away $50 Per Person in Stellar: Plans to Distribute 1 Billion XLM
Coinbase Earn, the exchange’s initiative that enables users to “earn crypto while learning about crypto,” has introduced support for Stellar. The company announced the news on its Twitter profile, saying that any eligible US user can learn about the Stellar protocol while earning up to $50 worth of XLM. дальше »
2019-3-28 01:11 | |
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Cisco Expects $10 Billion Blockchain Market by 2021, 10% of World GDP Stored On-Chain by 2027
One of the largest tech conglomerates in the world, US-based Cisco, recently issued a report highlighting the company’s enterprise-oriented blockchain platform. In the report, Cisco suggested that blockchain has the potential to hold as much as 10 percent of the world’s GDP. дальше »
2019-3-25 06:01 | |
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Why Switzerland’s Biggest Retailer Accepting Bitcoin is Crucial For Adoption
Digitec Galaxus AG, Switzerland’s biggest online retailer with nearly a billion dollars in annual revenue, has integrated various crypto assets including bitcoin as a payment option. The announcement, which was first reported by Watson, a major Swiss publication, was later confirmed by the Digitec team through its official blog. дальше »
2019-3-20 03:35 | |
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Bittrex Reinvents the ICO: “Initial Exchange Offering,” Launches $6M Token Sale
Bittrex International, a US-based cryptocurrency exchange headquartered in Seattle, announced that it will be hosting the first Initial Exchange Offering (IEO) fof RAID’s XRD token later this month. дальше »
2019-3-13 23:41 | |
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Bittrex Launches First IEO: “Initial Exchange Offering,” $6M Token Sale for RAID Token
Bittrex International, a US-based cryptocurrency exchange headquartered in Seattle, announced that it will be hosting the first Initial Exchange Offering (IEO) for RAID’s XRD token later this month. дальше »
2019-3-13 23:41 | |
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Worse than BitConnect? Leader of Billion Dollar Cryptocurrency Pyramid Scam “OneCoin” Arrested
The leader of a prolific cryptocurrency Ponzi scheme, OneCoin, was arrested and charged on Mar. 6th. OneCoin Ltd. claims to have 3 million members—or victims—worldwide and has generated over €3. дальше »
2019-3-11 08:15 | |
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TRON’s BitTorrent Announces Incentive Plans to Increase BTT Adoption Among Its “1 Billion Computer Installed Base”
BitTorrent, one of the most widely used peer-to-peer sharing platforms in the world, has launched three new programs that aim to incentivize the use of BTT coin, the company announced on Mar. 6th. дальше »
2019-3-7 22:26 | |
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Research Indicates Global Blockchain Spending Will Reach Almost $3 Billion in 2019
According to the Worldwide Semiannual Blockchain Spending Guide from IDC, global blockchain spending is projected to reach almost $3 billion in 2019. If the forecasts are accurate, this would be an increase of over 88 percent from the $1. дальше »
2019-3-7 00:08 | |
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Reviewing EOS’s Ongoing Development Since Its Mainnet Launch In June 2018
EOS, a third-generation blockchain-based cryptocurrency platform designed to enable the “vertical and horizontal scaling of decentralized applications,” has “at least 260 projects being built” on its network. дальше »
2019-3-4 03:09 | |
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TRON’s BitTorrent ICO Raises $7 Million in 15 Minutes
Binance Launchpad, the token launch platform of Binance, conducted an ICO of TRON’s BitTorrent tokens (BTT) on Jan. 28th. , with tokens selling out in less than 15 minutes. Almost 60 billion tokens were sold, raising a total of $7 million. дальше »
2019-1-31 00:43 | |
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ICO Firms Paid Themselves $24 Billion Absent of Accountability or Much Effort
A BitMex report highlights the egregiousness of the ICO craze of 2017. Cryptocurrency companies were able to raise millions absent of accountability and with little work, and at the expense of likely unsophisticated buyers. дальше »
2019-1-18 08:49 | |
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Is Russia’s Alleged $10 Billion Bitcoin Investment Fake News?
Recent news that “Russia will buy $10 billion in Bitcoin and ditch the U. S. dollar” is backed by the flimsiest of evidence. Publications such as The Telegraph, Bitcoinist, and Decrypt Media may have been duped. дальше »
2019-1-15 03:40 | |
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Finance Guru Ronnie Moas Digs for $10 Billion in Cryptocurrency Gold
Ronnie Moas is known as a finance guru with a 15-year track record of picking stocks. Later in his career, he ventured into cryptocurrency, claiming himself to be “synonymous with Bitcoin. ” That success, however, has taken a turn towards conflict. дальше »
2019-1-10 08:41 | |
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Kraken Battles with the XRP Army Over Ripple Semantics
Kraken has come under flak from the ‘XRP Army’ after disputing the vernacular around Ripple and XRP. Is Kraken’s persona fueled by Jesse Powell’s former bad blood with Ripple? Kraken is one of the largest US-based cryptocurrency exchanges, having facilitated $3. дальше »
2018-12-30 07:17 | |
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Could Ripple’s Multi-Billion Dollar XRP Reserves Pose a Risk to Token Holders?
Ripple, the custodial company to the open-source cryptocurrency XRP, owns 60 percent of all XRP ever created; these holdings are valued at $22 billion at current prices. Furthermore, company ‘insiders’ also hold a large percentage of circulating XRP. дальше »
2018-12-28 01:30 | |
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Bitcoin and Cryptocurrencies Pull Back While Dow Experiences Record-Breaking Rally
Bitcoin and the cryptocurrency markets are experiencing moderate pull-back while the Nasdaq, S&P 500, and the Dow erase their Christmas losses. Bitcoin and other cryptocurrencies experienced a strong rally leading up to Christmas, with total market capitalization surging from $122 on Wednesday, Dec. дальше »
2018-12-27 10:40 | |
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Coinbase Makes ‘Record’ Transfers of BTC, ETH, and LTC to Cold Storage
Coinbase, one of the most-used cryptocurrency exchanges, moved approximately $5 billion in cryptocurrency, claiming the title of “largest crypto migration on record. ” The transfer included 5 percent of all BTC, 8 percent of all ETH, and 25 percent of all LTC in circulation. дальше »
2018-12-24 17:20 | |
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Tether’s Billion Dollar Reserves May Not Equate to ‘One-to-One Backing’ or ‘No Misconduct’
Bloomberg reported that Tether “has the billions it promised,” suggesting that USDT could be backed one-to-one by dollars. That said, the reserves do not necessarily prove Tether’s innocence in a laundry list of other misconduct. дальше »
2018-12-20 11:34 | |
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Tether Rises to Fourth by Market Cap, Bitcoin and Crypto Markets Look Bleak
Gains in stablecoin dominance indicate that the market outlook is bleak. Tether is now fourth by market capitalization with a total of over 1. 8 billion USDT in circulation, while market dominance of stablecoins sits at highs of 2. дальше »
2018-12-17 17:40 | |
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Stablecoins: Money of the Future
Stablecoins are currently the fastest growing sector of the cryptocurrency market, worth $186 billion; these constitute cryptocurrencies whose values are pegged to real life commodities like gold or the US dollar. дальше »
2018-12-2 13:15 | |
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Analysis: Bitcoin Costs $1.4 Billion to 51% Attack, Consumes as Much Electricity as Morocco
To successfully conduct a 51 percent attack on the Bitcoin network would cost an incredible $1. 4 billion. This massive network supports over 5 million specialized ASIC mining computers, consuming a total of 29 Terahashes of electricity—as much as the entire country of Morocco. дальше »
2018-11-29 14:00 | |
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Bitcoin Obliterates $4000 Support Level; Market Loses Another $18 Billion, Altcoins Reeling
Within the last 24 hours, Bitcoin has once again made a dive through a historic price support after dropping 14 percent, puncturing its $4000 support-level and settling at a yearly low of $3800. In the last ten days, BTC has taken a beating, bringing down most of the market. дальше »
2018-11-25 06:41 | |
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Bitcoin Bloodbath Continues: Price Hits $5000, Market Loses $45 Billion
The market continues on a downward spiral; $45 billion evaporates from aggregate cryptocurrency market capitalization. Bitcoin hits a year-long all-time low of $5000. All cryptocurrencies deep in the red, with XRP as an outlier. дальше »
2018-11-19 21:27 | |
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Bitcoin Plunges to $5400: 12 Month Low, Market Sheds $25 Billion
Bitcoin hits a historic 12 month low of $5400. The pre-eminent cryptocurrency has cratered 11 percent just within the last four hours. The enormous drop in price appears to be driven by major Bitcoin and derivatives exchange BitMEX, representing 34 percent of 24-hour market volume. дальше »
2018-11-15 00:07 | |
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Health Data Tokenization: A Possible Remedy for a Broken System
According to the WHO, 3. 8 billion people lack access to essential health services. For 100 million people worldwide, the cost of health care pushes them below the extreme poverty line, forcing them to survive on less than $1. дальше »
2018-11-14 00:00 | |
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Everest Announces Partnership with Indonesian Government to Help Track Payouts
Everest co-founder Bob Reid says his company is working with the Indonesian government on a landmark project that will allow them to biometrically track and issue energy subsidies. Speaking to EAK TV, Reid said the Indonesian government currently distributes $7 billion to 50 million people, but they cannot verify that a massive $1. дальше »
2018-11-7 22:00 | |
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Sign of Bear Market: “Blockchain” Takes Over “Crypto” on Google Trends
On Google Trends, the keyword “blockchain” has surpassed “crypto” in popularity in recent months, suggesting that the demand for the asset class has dropped in comparison to the underlying technology. дальше »
2018-11-4 00:00 | |
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Bitcoin Bear Market Could Last Another Year and a Half, Says BitMEX CEO
BitMEX CEO Arthur Hayes said we may not have seen the last of the bearish market for BTC in an interview with Yahoo Finance published Friday. Unfortunately, the entire sector is in a bear market right now, down from a peak of above $800 billion last year. дальше »
2018-11-1 14:00 | |
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Why South Korea’s Biggest Game Developer Acquired Crypto Exchange Bitstamp
NXMH, the subsidiary of NXC, the $10 billion parent company of game development firm Nexon, acquired major crypto exchange Bitstamp. Based in Belgium, NXMH is a Brussels-based investment firm which has made several high profile acquisitions of European corporations throughout the past five years including Stokke, a Norwegian firm that manufactures baby strollers that penetrated into […] The post Why South Korea’s Biggest Game Developer Acquired Crypto Exchange Bitstamp appeared first on CryptoSlate. дальше »
2018-10-29 14:46 | |
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Bitfury Considers Listing for $3 – $5 Billion in Europe’s First Major Crypto IPO
Following news of Bitmain and Canaan IPO filings in Hong Kong, Europe looks set to record its own first major crypto IPO, as blockchain infrastructure provider Bitfury is reportedly considering plans to list publicly in London, Amsterdam or Hong Kong. дальше »
2018-10-27 19:00 | |
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Crypto Exchange Bithumb Sells 38 Percent Stake for $350 Million to Singapore Investor
South Korean crypto exchange Bithumb sold 38 percent of its stake to a Singapore-based plastic surgeon for $350 million on Oct. 11, as reported by Reuters. Bithumb’s $350 Million Deal Founded in 2013, Bithumb averages over a billion dollars in daily trade volume and lists 52 cryptocurrencies. дальше »
2018-10-13 04:01 | |
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Research: Bitcoin (BTC) Whales Not Moving the Cryptocurrency Market
Blockchain research firm Chainalysis released a report stating “whales,” or holders with a large token holding, are stabilizing cryptocurrency prices, instead of the popular belief that they manipulate the $215 billion crypto market. дальше »
2018-10-12 19:00 | |
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Report: Crypto Theft Hits Nearly $1 Billion in First 9 Months of 2018
A report released by cybersecurity company CipherTrace on Oct. 9th revealed that cryptocurrency theft via hacking attacks on exchanges and trading platforms was up 250 percent since 2017, totaling $927M in the first nine months of 2018. дальше »
2018-10-11 10:00 | |
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Princeton Research Claims China Motivated to “Kill” Bitcoin, Selfish Miners Governing 74 Percent of Network
A research study published on Oct. 5 claimed growing Chinese influence over the Bitcoin protocol is a “looming threat” to the $114 billion network. The paper alleged that China presents a problem to the security, stability, viability of the pioneer cryptocurrency. дальше »
2018-10-10 20:00 | |
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