Major currencies remain in the green, Bitcoin is holding the $3,800 mark, and Ethereum overtook Ripple as top altcoin. Wednesday, Jan. 2 — The main cryptocurrencies have mostly been in the green for two days now, according to data from Coin360. Bitcoin (BTC) is still over $3,800 mark, while Ethereum (ETH) has regained the top […]
Continue ReadingTrace Mayer and John McAfee are among critics claiming the exchange is limiting withdrawals in the run-up to the Proof of Keys event. Cryptocurrency exchange HitBTC has yet to respond to accusations it deliberately froze account withdrawals on Jan. 1, days prior to entrepreneur Trace Mayer’s Proof of Keys event. In a series of tweets, […]
Continue ReadingVenture capital investor Fred Wilson has suggested that crypto will not be a safe haven, although “there will be signs of life in crypto land in 2019.” Venture capital investor Fred Wilson suggested that cryptocurrency will not be a safe haven in 2019 amid a “weakening” economy, according to a blog post published Jan. 1. […]
Continue ReadingOf all the respondents to a Chinese survey, 40 percent answered that they are willing to invest in cryptocurrency in the future. A Chinese survey of 4,200 respondents has shown that 40 percent are willing to invest in crypto in the future, local Chinese crypto news outlet 8btc reports on Dec. 26. PANews, whose Twitter […]
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Scott Galit, CEO of New York-headquartered payments processing firm Payoneer, says a single global, non-fiat currency such as Bitcoin is unrealistic. Scott Galit, CEO of New York-headquartered payments processing firm Payoneer, says a single global, non-fiat currency such as Bitcoin (BTC) is unrealistic. Galit made his remarks during an interview with CNBC published on Dec. […]
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Facebook is now making a stablecoin for WhatsApp, reports suggest. On Dec. 20, Bloomberg reported that Facebook is making a stablecoin for WhatsApp users. The cryptocurrency will reportedly be used for money transfers made within the messaging app and will focus on the Indian market. The move provides a curious juxtaposition for the social media […]
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Software security researchers have reportedly been able to extract private keys from the Trezor One hardware wallets. Researchers have reportedly shown how they were able to hack the Trezor One, Ledger Nano S and Ledger Blue at the 35C3 Refreshing Memories conference. The demonstration of the hacks was published in a video on Dec. 27. […]
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The most noticeable 2018 predictions on cryptocurrency rates, blockchain adoption and a Bitcoin ETF, which either became a reality or failed. The world of cryptocurrencies is full of prophets and predictions of all ranges, just as any other financial market in the world. 2018 jumped right in with Bitcoin (BTC) hovering around $15,000 and investors […]
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American payments firm Square has been named Yahoo Finance Company of the Year. United States-based Bitcoin (BTC)-supporting payments firm Square has been named Yahoo Finance company of the year, according to a report from the media outlet Dec. 18. As Yahoo Finance reports, $26 billion market cap payments company — founded by Jack Dorsey and […]
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Phishing attack on crypto wallet Electrum has claimed multiple victims and allows the perpetrator to empty Bitcoin wallets. A reportedly ongoing hack against cryptocurrency wallet Electrum has seen a malicious party steal almost 250 Bitcoin (BTC) (about $937,000), commentators reported on social media Dec. 27. Subsequently confirmed by Electrum itself, the attack consists of creating […]
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