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It was, by any reckoning, a huge haul. Between $400 million and $534 million dollars of NEM stolen, depending on whether you go on its value at the time or once the market had reacted to the news. At a press conference on Friday afternoon, the stunned Coincheck team painted forlorn figures as they came … Read more
On January 24, investment ratings company Weiss Ratings released its ratings of 74 cryptocurrencies. While the list is only available for purchase, it was possible to access it for free under a specific subdomain on the company’s site, which allowed many individuals to download, share, and read the list. While some individuals were elated to see … Read more
The whole point of cryptocurrencies is that they’re decentralized. Peer-to-peer cash; trustless exchange; bypassing intermediaries. So why are numerous cryptocurrencies structured more like central banks? From adjusting wallet balances to controlling nodes, many crypto projects behave just like the financial institutions they were meant to replace. Throw in the cult of a strong leader, and … Read more
Bitcoin payment specialists Bitgo have announced the acquisition of Kingdom Trust, an investment firm with custody of over $12 billion in assets. The move will enable the South Dakota-based Kingdom Trust Company to offer custodial cryptocurrencies such as bitcoin, ripple, and ethereum to its investors. This will make it easier for traditional investors to enter … Read more
Air travelers will soon be able to spend some satoshis in stores and cafes at Brisbane Airport. Major retailers will be accepting several cryptocurrencies, including bitcoin. The promise: “unprecedented digital currency experience” in the airport terminals. More than 20 merchants in the Brisbane area now take cryptos thanks to a local startup that is working … Read more
With the global crypto market exploding to a capitalization of over half a trillion USD, the space has seen a surge in new teams, projects, and ambitions for the future. Recent graduates and established PhDs alike are joining the sphere every day in the hopes of contributing to a greater goal amid the growing adoption of cryptocurrency. Despite … Read more
A platform created for those looking to buy or sell various goods and services using tokens is announcing a new income opportunity. The international e-commerce platform FLOGmall is launching a revolution in the world of investment: it is ready to share revenue with token holders starting on the platform’s first day of operations. It would … Read more
Anything can be placed on the blockchain with a little ingenuity – even Hollywood celebrities. Cryptocelebrities is this week’s Cryptokitties, a smart contract-based trading game which profits from digital scarcity. Only one copy of each celebrity is released, compelling traders to spend thousands of dollars to snap up ‘celebs’ like Satoshi Nakamoto and Emma Watson. … Read more
With so many different initial coin offerings coming to market in 2017, it is evident not all of these ventures will be successful over the long haul. Status is one of the concepts which may actually succeed in the long run, assuming the team can deliver on their promises. The ambitions of this project should not be underestimated, though, … Read more
A vast majority of cryptocurrencies were suffering from losses yesterday after last weekend’s recent spikes in value. Bitcoin core (BTC) prices have dropped since touching the $13K zone back down to the $10K region while most of the digital asset markets were also down yesterday are up now. At the moment BTC has climbed just … Read more
