Late last week, the largest crypto exchange hack took place. CoinCheck, headquartered in Tokyo, had $530 million USD worth of NEM stolen from the exchange. The company announced today that it will repay the 260,000 customers that were affected by the hack on its platform. It remains unclear as to where the company is getting this…
Late last week, the largest crypto exchange hack took place. CoinCheck, headquartered in Tokyo, had $530 million USD worth of NEM stolen from the exchange. The company announced today that it will reimburse the 260,000 customers that were affected by the hack on its platform. It remains unclear as to where the company is getting this…
Cryptocurrency mania seems to be ending. Bulls continue to lose their hold and bears are looking on top of crypto markets. Several analysts and Central banks have also bashed cryptocurrencies during the World Economic Forum by raising questions on the underlying value of bitcoin (BTC) and other cryptocurrencies. The illegal transfer of money through cryptocurrencies…
With the majority of cryptocurrencies in the red today, let’s take a look at the top crypto performers for the day so far: Ignis, SIRIN LABS (SRN), and Revain (R). Ignis Ignis is currently the top performer of the day, up 22.35% in the past 24 hours. The IGNIS token is selling for $0.547636, and Ignis…
Bitcoin (BTC) price grew in the second half of 2017. The digital currency peaked above $19,000 at the end of last year but, lost nearly half of its value in the new few weeks. Bitcoin continues to trade in a narrow range over the last two weeks is currently trading around the $11,000 mark. Traders blame…
The CoinShares Group has announced two new flagship crypto investment funds — the CoinShares ‘Active’ Fund (a multi-coin, alpha-generating, active strategy); and the CoinShares ‘Large Cap’ Fund (a passive, large-cap, basket fund). As the group behind the first bitcoin and ether exchange traded notes (Issued by XBT Provider AB) and the world’s first regulated bitcoin…
The soaring popularity of cryptocurrencies is having an increasing number of unprecedented side-effects. Headlines have already been made about developing issues such as ICO scams, environmental concerns and governmental regulation which, a couple of years ago, few would have foreseen. And it seems that another one is developing; Bitcoin (BTC) and Ethereum (ETH) miners are…
The soaring popularity of cryptocurrencies is having an increasing number of unprecedented side-effects. Headlines have already been made about developing issues such as ICO scams, environmental concerns and governmental regulation which, a couple of years ago, few would have foreseen. And it seems that another one is developing; Bitcoin (BTC) and Ethereum (ETH) miners are…
BlackRock, the world’s largest investment company with over $5 trillion in assets under management, has become the latest prominent figure in the financial world to take a “not now but maybe later” approach to the fast-expanding cryptocurrency industry. In an interview with Bloomberg TV on Monday, Isabelle Mateos Y Lago, Chief Multi-Asset Strategist at BlackRock,…
London Football Exchange Set To Launch Its Own Soccer Cryptocurrency Cryptocurrency is creeping into every industry in the world and as a result, “The Beautiful game” is following suit by launching the world’s first soccer cryptocurrency. Last week, Arsenal Football Club became the first club to enter a cryptocurrency partnership with CashBet. Now, the blockchain technology is set to…
