The cryptocurrency landscape has changed significantly since Bitcoin’s earliest days, but one thing that’s remained constant is exchange breaches. From the Mt Gox days to last month’s Zaif hack, exchanges have been regularly surrendering their funds, despite the increasing value of crypto assets incentivizing them to up their opsec. A detailed new report from ICOrating.com has revealed the extent of …
BuySellAds Zone Code End BuySellAds Zone Code From yesterday things haven’t changed much for the cryptocurrency market capitalization as the evaluation has hovered around $221B. Market Cap: $221,141,602,662 24h Vol: $13,960,333,107 BTC Dominance: 51.5% As you can see from the global chart below the uptrend support was broken and we are seeing a start of a downtrend. In my yesterday’s Market …
ShapeShift has issued a stinging rebuke of a Wall Street Journal investigative article that claimed the crypto exchange was used by criminals to launder money. In a blog post published Monday, CEO Erik Voorhees said the news outlet’s report showed a misunderstanding of how cryptocurrencies work and that the article’s claims were factually incorrect. Calling the claims “factually inaccurate and deceptive,” …
With the ethereum price sitting more than 80 percent below its all-time high in mid-September, the conventional wisdom said that startups who had raised funds through initial coin offerings (ICOs) were likely driving the sell-off. ICOs, after all, had been conducted almost entirely using ETH, leaving hundreds of startups sitting on a steadily-depreciating asset. The convention wisdom, it turns out, …
Initial Coin Offerings (ICOs) have almost broken even on funds sold versus funds they raised, new research by Hong Kong cryptocurrency trading platform BitMEX revealed Monday, October 1. The findings, compiled in partnership with crypto analytics resource TokenAnalyst, further suggested that despite Ethereum’s (ETH) price decline in 2018, ICO projects still had $93 million in “unrealized profits.” Further, the research …
There’s a moment during almost every presentation I give on blockchain technology’s potential to address trust barriers in supply chains where an audience member asks, “But are we not still trusting the thing/person inputting the data?”I typically reply with: “More or less, yes.” Some see that as contradictory, an invalidation of the argument that blockchains can solve the trust problems …
At the UN General Assembly, Malta Prime Minister Joseph Muscat stated that blockchain technology will allow crypto to inevitably become the future of money. He stated: “I passionately believe technology revolutionizes and improves systems. This is why in Malta, we have launched ourselves as the blockchain island. By being the first jurisdiction worldwide to regulate this new technology that previously …
The US Securities and Exchange Commission (SEC) has been heavily criticized for its actions against Elon Musk’s Tesla, the crypto market and investment firms within the local market. On Sept. 29, Michael Arrington, the co-founder of TechCrunch, announced that his venture capital firm has decided to move out of the US and relocate to Asia after the SEC sent two …
Binance, the world’s largest crypto exchange by daily trading volume, is set to launch a beta version of its decentralized exchange (DEX) by early 2019. Changpeng Zhao, the CEO of Binance better known to the community as CZ, said on Saturday: “Just had a productive meeting for Binance DEX (decentralized exchange), where BNB will be native gas, and the exchange …
Bitcoin (BTC) is currently still being squeezed into a tightening range, with support at $6,300 being a key level for the bulls to defend, technical charts indicate. The leading cryptocurrency carved out a temporary bottom around $6,100 earlier this month and crossed resistance at $6,600 last Friday, confirming a double bottom bullish reversal. However, the ensuing rally ran out of …
