Bitgrail, the Italian-based cryptocurrency exchange best known for being hacked of $170 million in Nano (formerly Raiblocks), has had the entirety of its bitcoin wallet seized by Italian authorities. In an announcement on Bitgrail’s website, the troubled exchange explains: “On 5 June 2018, under the provisions of the Court of Florence, the Bitcoins contained in the company’s wallet

Tron had its mainnet release at the end of last month, and the delayed EOS mainnet launch has caused major problems for the project, with excessive downtime and reports of holes and hacks all over the place. But a lot of investors chase mainnets; invest a few weeks before the launch, wait for the pump,

After Trump explained to the world during the G7 top in Canada that the USA’s position has changed, and economic tariffs need to be renegotiated, it was time for the ‘America First’ President to talk to Kim Jong Un to try to solve the tensed situation on the Korean Peninsula.   If we ever needed visual

It’s a sad day for crypto investors. Well… at least for the individuals that are not used to such price drops as seen today before. If you, for example, started to invest in January 2018, you’re probably seeing a psychologist by now.  Market prices dropped more than 10 percent for bitcoin and several altcoins today, with no

Zhao ChengPeng, CEO of Binance, must be a happy man at the moment. His very own Binance Coin (BNB) reaches a new milestone of achieving 0.002287 BTC yesterday. This marks a monumental 8% increase for the crypto giant’s own cryptocurrency. This sharp rally just pushed Binance Coin’s market capitalization to a five-month high beyond $1.9 billion,

People try to get rich through Initial Coin Offerings and Cryptocurrency. Another way of earning money is to search for bugs and security risks in ICO’s and cryptocurrency code. Ethical hacker Guido Vranken knows where we’re talking about. He has made $120.000 in a week finding bugs in the EOS code. Hackers that would spot

Ripple has announced the University Blockchain Research Initiative, a collaboration with top unversities around the world. Ripple will commit over $50 million in funding to support and accelerate academic research, technical development and innovation in blockchain, cryptocurrency and digital payments. Ripple will work together with 17 institutions from all over the world. According to the statement of

South Korea, the third most prominent Bitcoin marketplace in the world, has long remained a source of uncertainty in the cryptocurrency space. The country’s government flat-out banned initial coin offerings (ICOs) in September 2017 and has since failed to deliver any sort of clarity in regards to the future of cryptocurrency within the East Asian nation. Meanwhile,

Climbing the Mount Everest is never without risk. According to CNBC, ASKfm, sponsored four “cryptocurrency enthusiasts” to hike Mount Everest. The hikers were asked to place a hard drive that contained $50,000 worth of ASKfm’s digital tokens which currently have no value on top of the mountain. The Mount Everest climb was part of an initial coin offering (ICO)

James Howells is not a happy man at the moment. James Howells is the name of the man who lost a hard drive with the key to more than USD 50 million in Bitcoin. Having gotten into mining in 2009, early enough to make a fortune, he accidentally threw away the hard drive holding thousands

Avi Salzman, a senior editor for Barron’s magazine, released a report this week featuring big money investors and executives from the rapidly growing cryptocurrency sector who generally believe, despite the recent bitcoin price drop, cryptocurrency will inevitably replace fiat. Inevitable Outcome Over the past five months, the valuation of the cryptocurrency market has dropped by

Things can turn around quickly in Crypto Land. The French Finance Minister, Bruno Le Maire, was quite skeptical of blockchain and cryptocurrency in the recent past, but seems to have seen the light. The European Union shows its willingness for taking a more leading, worldwide role in blockchain and cryptocurrency technology research and development. Bruno Le

Wallstreet is turning over to cryptocurrency, and this is seen with Former Goldman Sachs banker Chris Matta quitting the famous financial company a few days after earning the position of vice president. Who in their right minds would do that, right? He did it all for cryptocurrency! According to Chris Matta’s Linkedin, he was managing over

Revered investor Warren Buffett admitted at Berkshire Hathaway’s annual shareholder meeting Saturday that “I made the wrong decisions” when he passed up investments in Amazon and Google (now Alphabet). It’s a mistake he made because he stuck to his longtime investing principles—and that might mean it’s time to update those ideas. “I had [a] very very very high opinion of Jeff

The Commonwealth Bank of Australia has confirmed that it lost the personal financial histories of millions of its clients years ago but never informed them about it. It admitted to the incident only after media broke the story. Australia’s largest bank lost the banking statements of as many as 12 million of its customers during