Bancor, a decentralized ERC20 exchange, in a statement released earlier today let its community know that a vulnerability in its network had been exploited by hackers who stole 24,984 ETH (worth approximately $11,815,683, at index prices), $1 million of NPXS and $10 million worth of Bancor tokens. Bancor says it was able to freeze the…
Komodo (KMD), built by the team behind Bitcoindark, is often described as a 3rd generation blockchain because it has been built with core design elements utilized from the Bitcoin and Zcash blockchains (which itself is based on Bitcoin’s core code). It uses a modified version of Bitcoin’s original Proof-of-work consensus algorithm, and Zcash’s zk-snark protocol for added…
Joseph Stiglitz: Not everyone is a fan of Bitcoin. Despite proclamations from supporters about its revolutionary technology and the “freedom” it offers its users, many are still not convinced. If you’re Bitcoin, it must not bode well for you to have a major critic in the form of Nobel-winning economist and Columbia Professor Joseph Stiglitz.…
The cryptocurrency market is trading above $270 today. Most of the coins on the market are in the red, but late-Saturday the market surged nearly $15 billion within an hour. For most of 2018, the entire crypto market has been dancing around the $300 billion range. Let’s take a look at a few coins within the…
The Crypto World Cup Semi-Finals are Here! It’s hard to believe that the Crypto World Cup semi-finals start tomorrow, July 10th. It feels like just yesterday the group stages were kicking off. From then to now, the whole tournament has been fun to watch. Mostly because it played out differently than most years. In the…
In today’s edition of Crypto Daily News, we cover why Vitalik Buterin slammed centralized cryptocurrency exchanges, the Philippines making moves in cryptocurrency, and HBUS’s opening in the United States. Crypto Daily News: Vitalik Buterin Hates Centralized Exchanges On July 6th, Vitalik Buterin spoke in a ‘fireside‘ chat with Jon Evans at the TechCrunch Session focused…
Philippines cryptocurrency exchanges: The Bangko Sentral ng Pilipinas (BSP) has just approved two new cryptocurrency exchanges, the news outlet BusinessWorld reported July 6th. Presently, there are only five regulated crypto exchanges throughout the entire country. Chuchu G. Fonacier, BSP Deputy Governor, said that the regulator has approved the applications for ETranss and Virtual Currency Philippines, Inc.…
Bitcoin (BTC) has risen 16% over the past ten days, after falling 42% throughout May and June. The market cap stands at US$114.69 billion, with US$3.58 billion traded in the past 24 hours. Hash rate and difficulty continue to post record highs as more and more ASICs are added to the network. Mining profitability has…
#1 Digital Currency Group Description: Digital Currency Group is clearly the most influential venture capital investor in the blockchain space. Based in New York, Digital Currency Group has made more investments in blockchain companies, and for more money, than any other investor. Not only was Digital Currency Group one of the first blockchain investors, it…
Binance Donates to Japan Disaster Relief: Japan is prone to natural disasters. Located along the world’s most active earthquake belt, the country’s seen everything from earthquakes to mudslides. The latest Japanese natural disaster occurred this weekend. On the night of July 7, a 6.0 earthquake hit Japan. No tsunami warning was issued, but the aftermath of the latest Japan earthquake…
