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Despite Pessimistic Market, VC Giants Continue to Fund Blockchain Startups
A Bloomberg report published on January 23, 2019, states the VC arms of Nasdaq Inc. and Citigroup Inc. are among a group of firms that has invested $20 million in Symbiont. io Inc. The company is a blockchain-powered startup which aims to leverage the technology for the benefit of capital markets. дальше »
2019-1-25 10:00 | |
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Stox Founder Moshe Hogeg Faces $5 Million Lawsuit Following Claims of ICO Being a Ponzi Scheme
Stox is a company that was launched by Moshe Hogeg in 2013 as a subsidiary of Invest.com, another business of Hogeg’s. Despite already being life, Hogeg chose to wait until last year to officially launch an initial coin offering (ICO), which many people may remember for its promotion by boxer Floyd Mayweather. As a result […] дальше »
2019-1-25 09:33 | |
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BitGrail Goes Bankrupt Nearly A Year After Announcing Its Infamous $195 Million Hacking Loss
BitGrail Goes Bankrupt Almost A Year After It Announced A Loss of $195 Million USD Nobody can argue that 2018 was a good year for cryptos. Despite some developments in the market, the year was highly volatile and mostly went downward. дальше »
2019-1-23 23:32 | |
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‘We Have to Spend Money Carefully’ – Huobi Confirms Lay Offs Despite Profits
The prolonged bear market hasn’t yet managed to throw one of the leading cryptocurrency exchanges, Huobi, in the negative. However, despite still being profitable, the company is letting people go in an attempt to “spend money carefully. дальше »
2019-1-22 16:00 | |
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Report: Bitcoin Use on Darknet Markets Doubled in 2018
Bitcoin use on darknet markets (DNMs) doubled in 2018, a study has shown, rising to an average of $2 million per day. Bitcoin has long been used to buy goods on the darknet due to its relative anonymity, and looks set to remain a favorite on DNMs, despite the existence of more privacy-focused cryptocurrencies. дальше »
2019-1-19 04:10 | |
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BitPay Sets New Company Records, in Spite of Crypto Bear Markets
Blockchain payment platform BitPay has announced that 2018 has been their most profitable year, having “processed over a $1 Billion again in payments and set a new record for transaction fee revenue. дальше »
2019-1-18 22:47 | |
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Despite $1 Million in Crypto Losses, Investor Still Believes Bitcoin is a “Force for Good”
The recent cryptocurrency bear market has not been kind to investors. Many have lost a significant amount of their investment, but still, hope that things will eventually change for the better. One particular bitcoin investor – Peter McCormack – who lost a staggering $1 million is still of the belief that bitcoin is a “force […] дальше »
2019-1-15 00:11 | |
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Despite Crypto SellOff, Novogratz Buys $5.5 Million More of Galaxy Digital Holdings
Michael Novogratz is doubling down on his fund despite the massive cryptocurrency sell off as of January 2, 2019. Betting big on Crypto Novogratz is the founder as well as CEO of Galaxy Digital Holdings, purchased an additional 7. дальше »
2019-1-3 16:00 | |
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US Regulators Take Down 90 Crypto Scams but Only Recovered $36 Million USD for Victims
Regulators from the United States have found out and taken down at least 90 cases of crypto scams since 2017. The borderless nature of these scams prevented the authorities from recovering most of the funds. дальше »
2018-12-29 23:43 | |
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Bitcoin Lightning Network Capacity Surpasses $2 Mln Despite Bear Market
The Bitcoin Lightning Network’s capacity has climbed up to 500 BTC — which is worth around $2 million — in spite of a year-long bear market
дальше »2018-12-25 19:00 | |
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Peter Thiel Invests in a New ‘Proactive’ Cryptocurrency Investment Platform
The cryptocurrency investment and infrastructure platform Layer1 has successfully closed a $2. 1 million seed funding round. Investors who took part include PayPal’s co-founder Peter Thiel and Barry Silbert’s Digital Currency Group. дальше »
2018-12-20 13:00 | |
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90% of Monero Mined Ahead of Tail Emission in 2022, Big Milestone?
Despite being in a bearish cycle this year, privacy coin Monero (XMR) is looking stronger on the demand front on a long-term basis. According to MoneroBlocks. info, an XMR chain explorer, miners have already mined 16,644,199 units against the total supply of 18. дальше »
2018-12-19 11:00 | |
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Tron [TRX] Still Made it to 100 Million Daily Transactions Despite Bear Market
Tron CEO, Justin Sun just communicated on Twitter that Tron has hit the next milestone of 100 million daily transactions. This is quite a lot of achievement considering the ongoing bear market condition in the crypto space. дальше »
2018-12-16 18:25 | |
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Bear-Resistant: Blockstack Reaches “Milestone 1,” Unlocks $25 Million
Despite red water market conditions, Blockstack announced on December 13, 2018, that they had “unlocked” $25 million in resources to continue their blockchain development. In a company blog post, co-founder Muneeb Ali described the necessity of an advisory board, reviewed the firm’s milestones, and explained how the newly released funds would be put to use. дальше »
2018-12-15 00:00 | |
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After $4M Funding Round, BlockFi Eyes Savings Account, Crypto Credit Cards
BlockFihttps://bitcoinmagazine. com/articles/blockfi-gives-hodlers-another-option-borrow-against-crypto-assets/, the New York-based startup that provides crypto collateralized loans, has raised additional funds to expand its services. дальше »
2018-12-14 01:12 | |
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Report: hackers stole almost $1 billion in cryptocurrency in 2018
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. дальше »
2018-12-14 18:18 | |
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Yeoman’s Growth Capital Fund Seeks $200 Million To Invest In Crypto Projects
Yeoman’s Growth Capital Fund Seeks $200 Million To Invest In Crypto Projects The cryptocurrency bear market has been very hard for the whole market. It affected users and companies from all over the world. дальше »
2018-12-11 20:18 | |
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Morgan Creek Bets $1M that Cryptos will Outperform the S&P 500
CoinSpeaker Morgan Creek Bets $1M that Cryptos will Outperform the S&P 500 Morgan Creek has pulled out Buffet’s wagering trick and placed a $1 million bet alleging that cryptos will outperform the S&P 500. дальше »
2018-12-7 14:37 | |
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Overstock’s Medici Ventures Invests $2.5 Million In GrainChain Grain Storage Company’s Shares
Around the whole world, all kinds of companies are starting to use the blockchain technology. We had an amazing bull run last year and this made the blockchain technology famous. The most obvious result may have been the crash and the bear market that followed the hype, but despite the situation in the market, many […] дальше »
2018-12-5 10:12 | |
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South Korea Is Trialing Blockchain Voting — Here’s What That Means
South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time. дальше »
2018-12-4 21:41 | |
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TRON Arcade: TRX Company Announces $100 Million Gaming Fund
Cryptocurrency, Gaming, TRON (TRX)–Despite the price conversation dominating cryptocurrency, as the market experiences a brief reprieve after two weeks and billions of dollars shed in market capitalization, most of the top currencies are pushing forward in development. дальше »
2018-11-29 19:25 | |
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Humor: Vitalik and His Hands of Steel, Buterin HODLs Through $450 Million of Losses
Ethereum is getting gutted during this market downturn, losing 60 percent of its value in the last three months alone. Despite the nosedive, enigmatic Ethereum founder Vitalik Buterin has held steadfast. дальше »
2018-11-27 03:16 | |
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Altcoin Price Analysis: There is a $250 million Gap for a Tron–Monero Flip
The Bitcoin—altcoin couple is the reason why altcoins resurgence depends on Bitcoin price ticks. At the moment it is a Bitcoin winter and altcoins are struggling. TRX/USD and EOS/USD prices are trending below key support levels despite Ledger Nano S providing support for EOS dApps. дальше »
2018-11-23 06:15 | |
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This $3M Palazzo in Malta Can Be Bought Only For Bitcoin
Despite the BTC price drop, the owner of a $3 million palazzo in Valletta, Malta, refuses to accept anything but Bitcoin. 421-Year-Old Palazzo: Only BTC Accepted Malta has undoubtedly managed to establish itself as one of the friendliest nations towards cryptocurrencies and blockchain. дальше »
2018-11-22 02:00 | |
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Bitcoin Mining Giant Bitmain Launches Data Center in Washington Despite Crypto Crash
World’s leading bitcoin mining hardware manufacturer, Bitmain has launched a new $20 million data center for cryptocurrency mining in the East Wenatchee area of Washington, United States, actively expanding its global digital assets mining operations despite the ongoing bitcoin price slump, reported NW news network on November 18, 2018. дальше »
2018-11-21 16:00 | |
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Israel: Investment House Offers 2 Separate Institutional Crypto Funds Despite Bear Market
Silver Castle, an Israeli crypto investment firm for institutional investors launched two new crypto funds this month, reported Bloomberg on Nov. 18th. The firm is reportedly targeting to have $50 million in assets under management (AUM) before the year comes to a close. дальше »
2018-11-20 17:59 | |
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TRON (TRX) Launching Million Dollar Program to Accelerate Cryptocurrency Projects
Cryptocurrency, TRON (TRX)–Despite the doom and gloom surrounding the falling crypto market, as prices for Bitcoin and most of the altcoin market reach their relative low for 2018, one currency has managed to find ways to ignite some excitement in the industry of cryptocurrency and blockchain. дальше »
2018-11-17 05:05 | |
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OKCoin Adds the Argentine Peso as It Eyes Expansion Into Latin America
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. дальше »
2018-11-15 17:45 | |
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Singapore’s KuCoin Hits Funding Target Despite Bearish Markets
Singapore based KuCoin crypto exchange has raised $20 million in its first round of financing. The news comes as cryptocurrencies continue to get battered in a year that has seen the market crash by over 70%. дальше »
2018-11-15 13:00 | |
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Japan: GMO Internet Reports Record-High Performance for its Crypto-Related Businesses
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. дальше »
2018-11-13 18:00 | |
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Sompo Holdings Acquires 10% Stake in Kenyan Cryptocurrency Exchange Bitpesa
Japanese insurance group Sompo Holdings has acquired a 10 percent stake in Bitpesa, a Kenyan digital currency exchange and payments company, for 570 million yen ($5. 02 million). The deal is expected to further digitize the insurer’s international remittance service. дальше »
2018-11-13 15:10 | |
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How Has Binance Been More Successful Than Coinbase Within a Year?
Trading volume across the cryptocurrency market has remained on a downward path all this year. But that hasn’t affected the growth rate of Binance, currently the world’s leading cryptocurrency exchange by volume. дальше »
2018-11-10 13:31 | |
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Investor Lawsuit Brought Against AT&T, T-Mobile for SIM Swapping Hacks
Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping. дальше »
2018-11-10 01:35 | |
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Bitcoin Payment with Square’s Cash App Signal Growing Adoption
Square’s mobile payments application, Cash App, posts impressive growth for Bitcoin transactions despite the bearish cryptocurrency market. In Square’s Q3 shareholder letter the company reports $43 million in Bitcoin revenues, contributing $560 thousand to quarterly net profit. дальше »
2018-11-10 17:00 | |
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Bitcoin Payment with Square’s Cash App Signals Growing Adoption
Square’s mobile payments application, Cash App, posts impressive growth for Bitcoin transactions despite the bearish cryptocurrency market. In Square’s Q3 shareholder letter the company reports $43 million in Bitcoin revenues, contributing $560 thousand to quarterly net profit. дальше »
2018-11-9 17:00 | |
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Square’s Bitcoin (BTC) Revenue Continues to Climb
Bitcoin (BTC), Cryptocurrency–Despite the crypto markets entering the final months of 2018 in an ongoing bear cycle, cryptocurrency and financial services company Square has revealed that Q3 revenue was up $6 million, including a profit of $500,000. дальше »
2018-11-9 05:43 | |
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Venezuela Traded More Bitcoin Than Ever Before In October
Venezuela set a new Bitcoin trading record last week as the country embraces cryptocurrency more than ever. Venezuela Trades 1075 BTC in 7 Days According to data from monitoring resource Coin Dance, despite continued volatility in the country’s dubious redenominated currency the Sovereign Bolivar, trade volumes for the seven days ending November 3 still beat all previous highs. дальше »
2018-11-7 17:00 | |
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TRON Network Reaches One Million TRX Coin Daily Transactions Milestone
TRON Network Reaches One Million Daily Transactions Milestone Despite the dismal performance of a majority of digital currencies, things seem to be going well for Tron (TRX). Barely a fortnight after reaching 500,000 everyday transactions, the TRX system has announced that the daily average is now at the 1 million marks This news was confirmed […] дальше »
2018-11-7 02:29 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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Grayscale Has Raised Nearly $330 Million This Year According to Q3 Report
Grayscale’s Q3 2018 Digital Investment Report says the firm has raised around $330 million so far in 2018. Grayscale had raised $25. 4 million at this time in 2017. The latest Digital Asset Investment Report from cryptocurrency firm Grayscale Investments signifies they are still going strong, despite market downturns for virtual currencies in 2018. дальше »
2018-11-2 07:00 | |
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Coinbase Crypto Exchange on Pace to Profit Over $450 Million in 2018 Bear Market
Despite the bear trend in the market today, Coinbase is set to make a profit of about $456 million USD from a revenue of $1.3 billion USD in 2018. The Block Crypto has analyzed the stats of the company for this year and it has affirmed that the company will have its profits increased in […] дальше »
2018-11-1 01:39 | |
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Warren Buffett’s Berkshire Hathaway Invests $600 Million in Two FinTech Firms
Despite Buffett’s blatant disdain for cryptocurrency and fintech, two $300 million dollar investments into two fintech payment firms suggest that Berkshire Hathaway may be ready to join the crypto party. дальше »
2018-10-31 07:00 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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