Coinhive Mints Quarter Million Dollars in Monero a Month, Report Reveals

Тhe profitability of cryptocurrency mining is decreasing on the backdrop of this year’s persistently bearish markets but Coinhive seems to be doing pretty well. The browser-based miner has earned a quarter million dollars worth of monero in just one month, according to a new study conducted by German researchers.    Also read: New Player to … Read more

Crowd Source or Complete Tasks With Bitcoin.com’s Bounty Hunter Portal

Ever since the Bitcoin network was launched the online world of digital bounty hunting began to prosper significantly, allowing individuals the ability to scour the web for jobs that pay in cryptocurrency. Just recently Bitcoin.com revamped its portal, Bitcoin Bounty Hunter, a service that allows anyone to anonymously crowd source bounties to complete tasks. Armchair … Read more

Bitcoin Price Watch: Currency Jumps by $500; Are the Bears Finally Scattering?

At press time, the top cryptocurrency in the world has jumped up by $500 and is now trading for just shy of $6,600. This is a monster improvement over yesterday, and a serious spike over where bitcoin has been meandering all week. The past few days have been particularly difficult on bitcoin and cryptocurrencies in … Read more

Bitwise Launches Three New Cryptocurrency Market Index Funds

Why wait for an ETF? Bitwise Index Services, a subsidiary of Bitwise Asset Management, has announced the launch of three new indexes covering the mid-cap, small-cap, and total-market segments of the crypto market, as well as the renaming of its HOLD 10 Index as the 10 Large Cap Crypto Index. Also Read: The Daily: Stoners … Read more

Bitcoin Illegal: Saudi Arabia Monetary Authority

Kingdom of Saudi Arabia (المملكة العربية السعودية) regulators issued a statement this week through its monetary authority. Cryptocurrencies such as bitcoin are illegal in the country. Citing “negative consequences” and “high risk,” the government believes it must protect subjects from themselves.   Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots Saudi Arabian Monetary Authority … Read more