Crypto markets are largely trading sideway, with top coins reporting some small gains. Feb. 1 — Markets are relatively quiet, as major coins are trading sideways, with most seeing small gains over the 24-hour period. Market visualization from Coin360 The top cryptocurrency Bitcoin (BTC) is hovering below the $3,500 mark, trading at $3,492 at press […]
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More and more crypto companies are taking the route of a reverse IPO, but will it pay off? In a transaction that has all the hallmarks of a reverse initial public offering (IPO) — also called a reverse merger — OKC Holdings Corp., which is the parent company of OKCoin and OKEx (the world’s second-largest […]
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The malware seeks to bypass multi-factor authentication by stealing a range of data, says Palo Alto Networks. A new form of malware steals cookies from cryptocurrency exchanges and other data in an attempt to hack user accounts, cybersecurity research team Palo Alto Networks reported on Jan. 31. CookieMiner, a progression of OSX.DarthMiner, is a malware […]
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Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection in the Nova Scotia Supreme Court. Following months of financial and legal troubles, major Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection, according to an official announcement on Jan. 31. Per a statement on the exchange’s website, the firm filed an application for creditor protection […]
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Coincheck halved its losses in Q3 of the fiscal year ending in March, 2019, as compared with the preceding quarter, says latest financial report. Japanese online broker Monex Group — owner of previously hacked cryptocurrency exchange Coincheck — released its financial report on Q3 for the 2019 fiscal year on Jan. 31. The report shows […]
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Bitfury partners with Seoul-based p2p research firm to launch several mining centers and a cryptocurrency exchange in Paraguay. Blockchain tech firm and Bitcoin (BTC) mining manufacturer Bitfury plans to launch several mining facilities in Paraguay, according to a press release published Thursday, Jan. 31. Bitfury has partnered with South Korean peer-to-peer knowledge commons research firm […]
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Leading crypto exchange Binance is adding support for credit card crypto purchases for some cryptos, via its partnership with payment processor Simplex. Leading cryptocurrency exchange Binance is adding support for credit card crypto purchases through its partnership with payment processor Simplex, according to a press release shared with Cointelegraph Jan. 31. Changpeng Zhao, Binance’s CEO, […]
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Officials say the ongoing low price of their XEM token and poor spending efficiency have led to the need for an urgent restructure. Blockchain asset management platform NEM (XEM) announced it had completely reformed its non-profit NEM Foundation amid financial difficulties in an announcement Jan. 31. The Foundation, which previously had a budget with a […]
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A developer at blockchain tech company ConsenSys has joined the Ethereum Classic Cooperative as its executive director. Bob Summerwill, a developer at blockchain tech company ConsenSys, has joined the Ethereum Classic Cooperative as its executive director, according to an official announcement on Jan. 29. The Ethereum Classic Cooperative manages the development and growth of the […]
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About $1.7 billion in cryptocurrency was obtained via illicit means in 2018, according to a newly published report. About $1.7 billion in cryptocurrency had been obtained via illicit means in 2018, according to research published by crypto analytics company CipherTrace on Jan. 29. Of that $1.7 billion, over $950 million was stolen from crypto exchanges, […]
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