Hacker Livestreams 51% Attack on Bitcoin Private

Geocold promised he would 51 percent attack an altcoin to prove how easy it was, and he did, but the attempt did not run as smoothly as he might have hoped. Over 750 viewers were tuned in, and the likes of Jackson Palmer live-tweeting the spectacle, when Twitch suddenly pulled the plug. Cam-whores and other performance artists can broadcast their …

Coinbase Adds Its First Ethereum Token to Professional Trading Platform

Crypto exchange startup Coinbase is adding the 0x protocol token to its professional trading platform, Coinbase Pro. Announced Thursday, the exchange said in a blog post that it had begun accepting deposits for ZRX, and would enable trading around 5:00 A.M. UTC, or after at least 12 hours after the initial announcement. The move represents the first time the platform …

Annual List of China’s Richest Includes Crypto Entrepreneurs

The annual Hurun China Rich List, a catalogue of individuals in the country with a net worth over 2 billion yuan ($209 million), has listed several crypto entrepreneurs among China’s financial elite, according to a release published Oct. 10. The Hurun Research Institute released the 2018 Hurun China Rich List of the richest individuals in the country, with at least …

Singapore Hosts New Fiat-Crypto Exchange, Welcomes Crypto Bank Accounts

More than 8,000 people signed up for the open public beta launch of Eurekapro’s new fiat-crypto exchange, Finews.asia has reported. “A Singapore-based exchange will allow for easy fiat-to-crypto trading and aims to make digital currency more easily accessible to businesses and consumers,” the news site said. Eurekapro offers its own native token, EKT, and claims it provides the most extensive …

Crypto Markets See Sharp Drop-Off on the Day, Bitcoin Dips Below $6,300

Wednesday, Oct. 10: Crypto markets have suffered a sharp decline within an hour, with Bitcoin (BTC) plunging below the $6,300 threshold, and the top altcoin Ethereum (ETH) nearly touching $200. According to CoinMarketCap, virtually all the top 100 cryptocurrencies by market cap have suffered major declines at press time, with 19 out of the 20 top coins by market cap …

Crypto Startup Pundi X Says That it Made the ‘First Blockchain Phone Call’

Having launched a crypto-based Point-of-Sale (POS) device earlier this year with the goal of making cryptocurrency payments easier on the go, Pundi X now claims to have made the first blockchain phone call, according to a recent Medium post by the company co-founder Pitt Huang. The call was made on the startup’s newest device, called the XPhone, at the ongoing …

Crypto Exchange Hack Losses Already 250% Higher Than 2017, Q3 Report Shows

Losses caused by cryptocurrency exchange hacks hit $927 million in the first nine months of 2018, already 250 percent higher than throughout all of 2017, Reuters India reports October 10. Reuters cites a Crypto Anti-Money-Laundering (AML) report for Q3 2018 from crypto intelligence firm CipherTrace, which pitted the $927 million figure against last year’s $266 million total. According to the …

Highlights of Week 40: Transfero Swiss AG, Lambda, Agora

Do you want to see your favorite token on an exchange? Transfero Swiss AG helps projects list on exchanges, getting it done for faster & cheaper. Transfero has partnered with 80 exchanges from the Top 100 to make exchange listing smoother; cheaper and faster. The team only charge a success fee after the project is live and trading. Send a …

Mastercard Patent Hints at Plan for Multi-Currency Blockchains

Mastercard has won a patent for a proposed system that would allow for the launch of different kinds of blockchains – including those that support multiple currencies. Published Tuesday by the U.S. Patent and Trademark Office, the patent explains that a group or company may need to store different types of transaction information on a single platform – something that …

Middle East’s First Central Bank-Backed Crypto Exchange to Launch in 2019

Two blockchain veterans are gearing up to launch what could be the first cryptocurrency exchange in the Persian Gulf to be licensed by a central bank. Revealed exclusively to CoinDesk, Rain Financial has opened its public waiting list after a year in the Central Bank of Bahrain’s fintech sandbox. Co-founded by Saudi blockchain consultant Abdullah Almoaiqel and Egyptian investor-turned-meetup organizer …