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South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Theft Amount Reduced South Korea’s … Read more
Developers at Nano have issued a sudden warning to users who generated wallet seeds using its new Android app Go to Source Powered by WPeMatico
Chinese officials are partnering with Tencent on a new Blockchain Security Alliance, announced at yesterday’s China Blockchain Security Forum in Beijing Go to Source Powered by WPeMatico
A new project for a stabilized cryptocurrency that works ‘like normal money,’ has received backing from Peter Thiel, Coinbase, Distributed Global, GSR.IO and 40 others Go to Source Powered by WPeMatico
Geopolitical analyst George Friedman thinks that he has “never known any encryption technology not to be broken,” and blockchain will become “obsolete” Go to Source Powered by WPeMatico
Chinese cybersecurity firm Qihoo 360 Netlab discovered that hackers have been targeting Ethereum wallets configured with open port 8545, with one attacker pillaging over US$20 million from various victims. The attack vector used by the perpetrators exists as a feature of most Ethereum wallets in which the software has been configured to expose the RPC … Read more
The last 24 hours have been action-packed for the cryptocurrency markets, with digital assets rising off the SEC’s pronouncement that ethereum is not a security. But while most hodlers were toasting the agency’s announcement, one top five coin that failed to respond favorably was ripple. In today’s Bitcoin in Brief we consider where the SEC’s … Read more
The Securities and Exchange Commission’s head of the Division of Corporate Finance, William Hinman, stated during the Yahoo All Markets Summit today in San Francisco that cryptocurrencies like BTC and ETH are not securities. Soon after the SEC executive made the statements, cryptocurrency markets saw some gains as BTC rose $350 immediately after the news … Read more
Whether or not Ether is sanctioned as a currency under US jurisdiction has been a major point of speculation and uncertainty since the SEC first began its more active stance on cryptocurrencies and ICOs. As the Ethereum platform represents one of the first major ICOs, the future of platform rested majorly on the SEC’s interpretation … Read more
Latest blockchain move by China’s e-commerce giant JD.com: asset-backed securities Go to Source Powered by WPeMatico