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Bitmain Layoffs Could Pull Down Bitcoin Cash and Litecoin Prices in 2019, Says Crypto VC
CoinSpeaker Bitmain Layoffs Could Pull Down Bitcoin Cash and Litecoin Prices in 2019, Says Crypto VC According to Kyle Samani, after mass discharge of employees, Bitmain would liquidate its crypto-assets worth of $316 million. дальше »
2018-12-27 13:58 | |
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Bitcoin Network’s Hash Rate Finds Stable Recovery After 50% Drop Since August
In the last years, Bitcoin’s hash rate has been growing very fast. In August, it reached 61 million TH/s but it fell down to 31 million TH/s. However, during the last few weeks, Bitcoin’s hash rate has stabilized between 31 million TH/s and 45 million TH/s. дальше »
2018-12-21 20:57 | |
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Lead investor in the project explains his view of Basis (Basecoin) shut down
Originally called Basecoin, Basis had secured $133 million in funding to build an algorithmic stablecoin. Its founder, Nader Al-Naji, frequently described the project using code to maintain price stability for its token in the same way the U. дальше »
2018-12-18 22:09 | |
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Ethereum Hits Address Milestone But Activity and dApp Usage Down
Latest data indicates that Ethereum has reached a milestone in terms of unique addresses surpassing 50 million. While this news is a good sign for growth the actual number of active addresses has declined quite substantially. дальше »
2018-12-17 13:00 | |
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Stablecoin Startup Basis Shuts Down Eight Months after Raising $133 Million
According to an article published by Bloomberg, on December 13, 2018, Basis, a stablecoin startup funded by the likes of Bain Capital Ventures, and Andreessen Horowitz has decided to call it a day due to the persistent ambiguity regarding classification of digital currencies as securities. дальше »
2018-12-16 23:00 | |
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U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam
Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32. 5 million) from the exchange in February. The company claimed “it fell victim” to an elaborate scam orchestrated in collusion with three of its clients. дальше »
2018-12-14 21:00 | |
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Andreessen Horowitz-Backed Basis Stablecoin to Shut Down with $133M in Debts
CoinSpeaker Andreessen Horowitz-Backed Basis Stablecoin to Shut Down with $133M in Debts Basis, a stablecoin project, that raised $133 million this April, is shutting down its operation and returning money to investors. дальше »
2018-12-13 14:37 | |
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$133 Million Stablecoin Project of Basis is Reportedly Shutting Down
The Basis stablecoin project which had raised over $133 Million in venture capital, is reportedly shutting down and returning a vast majority of the funds to investors. Unlike other projects shutting down due to the bear market, Basis is shutting down due to regulatory hurdles as it tried to get the stablecoin project up and […] The post $133 Million Stablecoin Project of Basis is Reportedly Shutting Down appeared first on Ethereum World News. дальше »
2018-12-13 13:55 | |
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Stablecoin project Basis is shutting down and returning funds to investors because of regulatory pressure
Basis, one of the most well-known stablecoin projects, is shutting down and returning the majority of capital raised to investors, the Block reported citing multiple sources with direct knowledge. The company, which raised $133 million in funding, faced with regulators as it attempted to get its algorithmic stablecoin off the ground. As a result, Basis […] дальше »
2018-12-13 11:38 | |
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Google+ to shut down early after second major security incident
After another data leak, its second such leak in a year, Google today announced it was shutting down its beleaguered social media platform, Google+. API access will shut down even sooner, within the next 90 days. дальше »
2018-12-13 04:31 | |
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Prosecutors Seek 10-Year Jail Sentence for Karpeles Over Mt. Gox Embezzlement
Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt. дальше »
2018-12-13 21:15 | |
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Cubits is Bankrupt and Withholding User Funds As OneCoin Ties Exposed
Anger continues to engulf cryptocurrency trading platform Cubits after executives suddenly announced the company was bankrupt, blocking all user funds. Cubits Owner: Funds Recovery ‘Unsuccessful’ In a press release dated December 11, Dooga Ltd. дальше »
2018-12-12 15:00 | |
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Google+ will die 4 months sooner thanks to new bug affecting 52 million users
After announcing in October it would be shuttering Google+, its little-loved social media site, Google today announced that, thanks to yet another security flaw, the end would have to come much sooner than originally expected. дальше »
2018-12-10 21:38 | |
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Ongoing Minting and Dumping: RusGas (RGS) Allegedly Scamming Token Holders
On Nov. 28th, 2018, MonitorChain detected a potential scam: RusGas (RGS) is minting billions of tokens, diluting the value of investor’s tokens and driving the price down to nearly nothing. RusGas is a project using blockchain to “transform the gas industry. дальше »
2018-12-7 06:46 | |
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Millions of Brits can’t access mobile internet as O2’s data services go down
One of the largest UK phone networks, O2, is investigating a network outage that has rendered mobile data inaccessible to the company’s 25 million customers. The issue is also impacting customers of MVNOs that piggyback on O2’s infrastructure, like GiffGaff, Tesco Mobile, and Lyca Mobile. дальше »
2018-12-6 13:48 | |
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TRON answers our questions about Project Atlas
Earlier this year, TRON acquired BitTorrent and launched Project Atlas – a new initiative to decentralize the internet’s content using blockchain technology. Next week, at Hard Fork Decentralized, TRON will host an event where they’ll discuss the future of peer-to-peer content distribution. дальше »
2018-12-5 18:55 | |
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Ohio Technology Funds Announce $100M Support for Blockchain Startups
Recently, the CEO of Ohio-based nonprofit JumpStart Inc. announced that his company, along with six others, would invest vast sums of money into Ohio’s blockchain startups. дальше »
2018-12-3 19:32 | |
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How to get a job working with artificial intelligence/machine learning
Artificial intelligence is one of the most exciting and attractive fields to get into. The global machine learning (ML) market is estimated to grow from $1. 4 billion in 2017 to $8. 8 billion by 2022. дальше »
2018-11-30 19:04 | |
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Amidst Dwindling Prices, Steemit Lays Off 70% of Workforce
Blockchain-based social media platform Steemit Inc. , the company behind popular open source website Steemit. com, has announced a structural reorganization which will entail laying off 70 percent of its workforce as it looks for new ways to cut costs and remain sustainable as a business. дальше »
2018-11-29 22:53 | |
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Look at Data From Past Bitcoin Crashes and You Might (Possibly) Feel Better
After a bearish year of perennial price swings that culminated in months of tightly wound sideways movement, the (former) bottom has dropped out for bitcoin and the wider crypto market. дальше »
2018-11-28 21:44 | |
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$5 Million Lawsuit Against Bitmain Filed in Northern California
A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment. дальше »
2018-11-27 21:38 | |
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Bitcoin Lightning Network Sees Massive Growth With $2 Million Capacity
While Bitcoin’s price is plummeting to new lows, down 79% from its all-time high of December 2017, Lightning Network… The post Bitcoin Lightning Network Sees Massive Growth With $2 Million Capacity appeared first on Invest In Blockchain. дальше »
2018-11-24 14:44 | |
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U.S. Authorities Sentence Bitcoin Criminal to 15 Months Imprisonment
Joseph Kim, a 24-year old Phoenix, Arizona resident has been sentenced to one and half year in jail for defrauding his former employers, Consolidated Trading and friends over $1 million in bitcoin (BTC) and litecoin (LTC), using the funds for his personal enrichment, reported Finance Magnates on November 18, 2018. дальше »
2018-11-20 08:00 | |
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ICO Issuers Settle Registration Charges With SEC
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. дальше »
2018-11-17 00:07 | |
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Crypto Crime: Tokyo Fuzz Arrest Eight In $68M Bitcoin Pyramid Scheme
$68. 42 Million Stolen In Bitcoin Scheme Since Bitcoin’s inception, a mere decade ago, malicious users of the world’s first blockchain have sought to capitalize on the pseudonymous and anti-governmental nature of the Bitcoin Network and other crypto platforms. дальше »
2018-11-15 09:00 | |
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Canadian Court Takes Custody of Crypto Exchange’s Frozen Funds
The Ontario Superior Court of Justice has recently moved to take custody of a large sum of assets from a crypto exchange currently frozen in accounts at the Canadian Imperial Bank of Commerce (CIBC). дальше »
2018-11-15 22:14 | |
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Ripple Files to Move Securities Lawsuit from State to Federal Court
Ripple’s legal team in their ongoing securities suit is attempting a new tack: to have the claim proceed at the federal level. In a move that legal commentator Jake Chervinsky described as “seriously crafty,” Ripple has filed a formal notice-of-removal motion to have their most recent securities suit, Zakinov et al v. дальше »
2018-11-14 00:41 | |
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South Korean ICO Pure Bit Pulls $2.8 Million Exit Scam
A fraudulent South Korean startup has pulled a $2. 8 million exit scam, garnering 13,500 ETH from its ICO campaign before disappearing from the web. Pure Bit shut down its website after finishing its Pure Coin token sale on November 9th. дальше »
2018-11-13 18:38 | |
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McAfee: Bitcoin (BTC) At $1 Million By 2020 Is “Conservative”
The True Value Of Bitcoin (BTC) Is Escalating Tremendously John McAfee, a well-known tech-centric entrepreneur turned crypto diehard, recently sat down with CoinTelegraph in an exclusive interview to discuss his views on the current state of crypto. дальше »
2018-11-11 02:01 | |
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South Korean cryptocurrency startup reportedly pulls a $2.7M exit scam
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. дальше »
2018-11-9 18:17 | |
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Blockchain Wallet Users to Receive Largest Airdrop in Crypto History
Blockchain, the Luxembourg-based company offering a wallet service, is about to go down in history as one of the most generous cryptocurrency firms in the world. The company announced plans of what is touted to be the largest airdrop in crypto history, giving away $125 million in coins to its loyal clientele. дальше »
2018-11-8 20:19 | |
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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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Destream And Axeso5 To Forever Change Streaming Industry Via Blockchain Lowering Fee Costs
A successful Partnership agreement announced by DeStream and Axeso5 should help in implementation of a decentralized financial ecosystem that will cut down the cost of streaming. This project is supposed to be marketed to large number of active gamers comprising of more than 14 million on Axeso5 platform which is also used by at least […] дальше »
2018-11-5 09:15 | |
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October in Africa: Egypt stifles tech innovation, Google gets busy
The Egyptian government has had a busy time of late, shutting down taxi app mergers, taxing e-commerce platforms, and enforcing digital media regulation laws. Rumors have been swirling that Uber and regional equivalent Careem might be set to merge in Egypt, but it’s not going to happen. дальше »
2018-11-1 17:34 | |
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Gone With $60 Million: MapleChange Cryptocurrency Exchange Exit Scam Disguised As a ‘Legitimate’ Hack
Scam artists are at it again. MapleChange, a small cryptocurrency exchange based in Alberta, Canada has shut down its operations following an alleged hack which wiped away 913 Bitcoins ($60 million) in customer funds. дальше »
2018-10-30 13:59 | |
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Crypto Exchange MapleChange Shuts Down, Says it Doesn’t Have Money to Refund Users
MapleChange, a relatively minor Canadian cryptocurrency exchange, announced on October 28, 2018, that it would be shutting down after losing its bitcoin stash in a security breach. The news, however, didn’t yield any major impact on the global cryptocurrency market as prices hold steady in the aftermath of the ordeal. дальше »
2018-10-30 22:00 | |
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Recent Waves Mainnet Tests Showcase Support for More Than 6 Million Daily Transactions
The team and developers behind the Waves coin have been undergoing several tests to determine the exact nature and capability of its network. The results so far have been entirely outstanding, and they show that the Waves blockchain is efficient and ready to serve its client base more effectively. Here is a break down of […] дальше »
2018-10-25 03:51 | |
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Italy slaps Apple and Samsung with a combined €15M fine over dodgy software updates
Italy’s top anti-trust watchdog today fined Samsung and Apple €5 million each over allegations their software updates deliberately slowed down users’ phones, Reuters reports. In addition, the agency stung Apple with a further €5 million fine over complaints it failed to provide end-users with clear information about how to maintain and replace failing batteries. дальше »
2018-10-24 15:27 | |
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Bitcoin Magazine Week in Review: Stablecoins Take the Spotlight
With the exception of the SEC’s FinHub announcement, it has been a quiet week for regulatory news — something we’ve been getting a lot of recently as U. S. officials clamp down on unscrupulous coin offerings and crypto companies. дальше »
2018-10-20 17:49 | |
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Netflix tests ads: No need for drama
News of Netflix testing ads spread like wildfire and caused outrage among bingers worldwide, but there’s no need to fret. For me, the proportions of the meltdown only show that most people have little idea about what Netflix ads really are and how they could actually benefit our watching experience. дальше »
2018-10-20 15:30 | |
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Civil (CVL) Pulls Plug on ICO After Falling Short of $8 Million Softcap
Journalism startup Civil is pulling the plug on its much-hyped Initial Coin Offering after it met only 13 percent of its fundraising target. However, the company noted its blockchain project is not shutting down any time soon. дальше »
2018-10-19 07:00 | |
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U.S. Marshals to Auction Off $4.3 Million in Bitcoin
The U. S. Marshals agency has announced plans to auction $4. 3 million worth of bitcoin (BTC) in November 2018. The sealed bid auction is for nearly 660 bitcoins which were seized in a series of federal criminal, administrative and civil cases over the years. дальше »
2018-10-19 20:51 | |
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Bitcoin Scammer Arrested In Thailand
The $34 million Bitcoin scam has its prime suspect named Prinya Jaravijit who was arrested in Thailand after returning to the country. Jaravijit is allegedly part of a scam which saw a man from Finland, Aarini Otava Saarimaa scammed out of over 5,500 Bitcoins, this would be worth around $34 million in today’s market. дальше »
2018-10-17 12:00 | |
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With New Exchange Listings and Demand, New Stablecoins See Pegs Broken
Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs. дальше »
2018-10-17 01:17 | |
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Coinbase Has Just Added ZRX, Its First ERC-20 Token
Making good on a promise it made back in March of this year, Coinbase has just added its first ERC-20 token. ZRX, the token of the 0x (pronounced “zero x”) protocol began trading on Coinbase Pro (formerly GDAX), the exchange’s professional trading platform, on October 11, 2018. дальше »
2018-10-13 23:50 | |
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New Zealand PM Used As Pawn In Fake News Site
Jacinda Arden, Prime Minister of New Zealand has had her face used by a fake news site in order to promote articles aimed at Facebook to encourage a crypto startup. A local media source, ‘Stuff’ reported on Friday that multiple sponsored posts have recently been promoted on Facebook by using the likeness of the New Zealand PM with headlines such as New Investment Plan For Kiwis which were targeted at several different age groups around the country. дальше »
2018-10-12 16:30 | |
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