Recently Hacked Bitcoin Exchange Bithumb Gets Sold for $353m

Cryptocurrency exchanges play an increasing role of importance in this growing industry. Not all exchanges have an unblemished record, as Bithumb suffered from a hack not that long ago. Despite this setback, the company is coming under new management. BK Global Consortium successfully purchased the platform and its technology for the price of $353m. Bithumb … Read more

Ethereum Classic Price Struggles to Reclaim $10 Despite LocalCoinSwap Listing

It has been a relatively quiet second half of 2018 for Ethereum Classic. The forked version of Ethereum is still struggling for mainstream traction despite being offered to institutional traders through Grayscale Investments. Over the past few hours, ETC has lost a fair bit of value again, and reclaiming $10 will be a big challenge. Ethereum … Read more

The Daily: Kanye Teaches Opsec, Crypto Foes Joins Forces

The last 24 hours has been one of those all-too-rare periods in which the cryptosphere unites against a shared enemy. We’ll detail who in The Daily, right after we’ve discussed blockchain spam, Blockfolio’s new funding round, and how we learned an opsec lesson from Kanye West. Also read: Bitcoiners Shoot Down Roubini’s US Senate Testimony Coinbase … Read more

Funny New Advert Shows Bitcoin Is on Google’s Mind

Google, which currently sits on the fence with regard to cryptocurrency, took an opportunity to throw shade at digital coins like bitcoin and bitcoin cash during an advert for its new call-screening feature. In the minute-long segment, popular comedians dressed as Google employees mock crypto mining for wasting electricity and say that virtual currency is … Read more

SV Pool Mines Its First Block as November’s Bitcoin Cash Fork Approaches

On Wednesday, Oct. 10, the mining operation SV Pool mined its first Bitcoin Cash block. The pool operators led by the blockchain firms Nchain and Coingeek say that hundreds of miners from all around the world have signed up to mine with the pool.      Also Read: Zigzag Platform Provides Bitcoin Cash Swaps Over the Lightning … Read more

Dogecoin Price Loses its Relative “Stability” as Value Slips Significantly

After several weeks of successfully maintaining a relatively stable value, it seems the Dogecoin fairy tale is coming to an end once again. Similar to all other altcoins, DOGE is getting battered and then some. Even though the currency is still trying to cling to the $0.005 level, it seems that will not hold for … Read more

Bitcoin Price Watch: Currency Drops Like a Hot Potato Amidst Alleged Volatility Low

Well, so much for loving $6,500. After what feels like weeks of simply hovering at $6,500 and refusing to budge, the father of cryptocurrency has plunged by over five percent within the last 24 hours and is now trading for a measly $6,200. It’s probably fair to say that 2018 has not been the year … Read more