A “historic moment” for South Korean Crypto Exchanges and Investors. The South Korean government and financial authorities decided officially to recognize Cryptocurrency exchanges as financial institutions and banks. This is a big step forward for Cryptocurrencies in South Korea, as the new changes will allow Crypto Exchanges to provide services at a bigger scale and
Why scam ICOs not only Betray Investors, but also Harm the entire Crypto Ecosystem. Tim Glaus, co-founder of Alethena, explains
June 29, 2018
Every scam ICO leaves a lot of dissatisfied people in its wake. Namely, the people who lost their funds to scammers. But the damage caused by scam ICOs is even more critical because it puts the entire crypto ecosystem in a bad light. The only way to prevent scams and thus avert damage to the
Cryptocurrency exchange Bithumb claims that it has recovered nearly half of the funds stolen in a recent high-profile hack at the South Korean trading platform. Hackers breached Bithumb’s online hot wallets on June 20, making off with approximately 35 billion KRW (~$31 million) before the exchange operator was able to transfer its remaining hot wallet
Stellar to Acquire Blockchain Startup Chain for 500 Million Dollars. Chain previously raised $43 million from financial institutions
June 22, 2018
Stellar, the creator of the lumens (XLM) — often stylized as stellar — cryptocurrency, is said to be engaged in talks to acquire blockchain startup Chain for $500 million. Citing anonymous sources familiar with the discussions, Fortune reports that Stellar will pay $500 million worth of XLM to acquire Chain, which had previously raised more
Italian Government Seizes Bitcoin from Hacked Exchange Bitgrail. Failed Crypto Exchange Owner Francesco 'The Bomber' Firano Tweeted to not Contact him Anymore.
June 19, 2018
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
Mainnet Explained: What is a Mainnet Launch And Why Does It Matter? Learn and also Check the Overview of Upcoming Mainnet Launches
June 18, 2018
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,
June 11, 2018
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
Binance Coin (BNB) Reaches New Milestone of achieving 0.002287 BTC yesterday. Now the 17th biggest Cryptocurrency in terms of Market Capitalization
June 7, 2018
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,
How to earn $120.000 in a week: Ethical Hacker Guido Vranken finds 12 dangerous bugs in EOS code. Gets Job Offer from EOS team...
June 5, 2018
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
University Blockchain Research Initiative: Ripple Announces Partnerships with 17 Top Universities and Invests $50 Million in Academic Research. To support technical development and innovation in blockchain & digital payments.
June 4, 2018
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 May Soon Legalize ICOs after the Government Banned Initial Coin Offerings back in 2017. The third most prominent Bitcoin marketplace in the world loves ICO's again.
May 30, 2018
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,
ICO Marketing Stunt on Mount Everest End in Tragedy: Sherpa died on the journey. Hikers were Asked to place Hard Drive containing ASKfm’s digital Tokens on Top of the Mountain.
May 29, 2018
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)
Man lost Hard Drive with the Key to more than $50 Million in Bitcoin. Mined more than 7,500 coins over one week’s time in 2009.
May 28, 2018
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
Big Investors Not Scared by Bitcoin Price Drop, Cryptocurrency Inevitably Replaces Fiat. Bull Run Incoming...
May 23, 2018
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
French Finance Minister, Bruno Le Maire, Now Loves Cryptocurrency. The EU starts to Notice it can not be Left Behind while Blockchain Technology Evolves.
May 22, 2018
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