The cryptocurrency market is currently trading just over $250 billion and is continuing its drop from yesterday. Late Saturday the market surged nearly $15 billion in just an hour, reaching almost $280 billion but has since lost all of its momentum. Let’s check in with Litecoin (LTC) and Stellar (XLM). Litecoin (LTC) Two hours ago,…
It’s only been four months since the last MyEtherWallet hack, but the crypto wallet platform is at the center of yet another security breach. This time, however, the breach involves the Hola VPN. As a result, if you use Hola’s Chrome extension, MyEtherWallet has warned that you should move your funds to a new account. …
Walmart blockchain: Delivery is one of the most challenging aspects of online retail and Walmart is determined to solve its delivery problems with blockchain. Back on July 5th, the big box retailer headquartered in Bentonville, Arkansas was rewarded a blockchain patent that focuses on the scheduling and delivery of packages. The patent was originally filed…
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.…
