Stablecoins in a Nutshell…And Why They Can Kill Decentralization

Stablecoins in a Nutshell…And Why They Can Kill Decentralization

The most commonly known stablecoin is Tether. It is a cryptocurrency that buys one American Dollar from the market before issuing one tether. This means that when one American Dollar leaves active circulation, one Tether enters active circulation. Thus, the price of Tether has stayed stable over the years. A swing of fewer than 10… Continue reading Stablecoins in a Nutshell…And Why They Can Kill Decentralization

86% of ICO Tokens Worth Less than at First Crypto Exchange Listing

86% of ICO Tokens Worth Less than at First Crypto Exchange Listing

Global professional services firm Ernst & Young (EY) has released a report on the performance of ICOs over the last year, and in keeping with the bear market for cryptocurrency assets, the trend was predictably downward. Just 10 Tokens Count for 99% of All ICO Gains EY released a report on ICOs back in December 2017,… Continue reading 86% of ICO Tokens Worth Less than at First Crypto Exchange Listing

Do cryptocurrencies need a company like coinbase?

Do cryptocurrencies need a company like coinbase?

Around the world, popular cryptocurrencies like Bitcoin and Ethereum are being embraced by wide swaths of investors and tech enthusiast alike, which has generated a surge in cryptocurrency-supporting technologies, platforms, and websites. One of these supporting companies, Coinbase, has itself garnered a global reputation thanks to how much of a staple it’s become in the… Continue reading Do cryptocurrencies need a company like coinbase?

If Your Bitcoin is Stolen, There’s Only a 20% Chance You’ll Get it Back

If Your Bitcoin is Stolen, There’s Only a 20% Chance You’ll Get it Back

If you’re ever so unfortunate as to become the victim of a bitcoin theft, there’s very little chance that you will ever see your cryptocurrency assets again. For this reason, security experts have suggested that only a fraction of these cases ever get reported, as victims believe they are not likely to retrieve stolen cryptocurrency.… Continue reading If Your Bitcoin is Stolen, There’s Only a 20% Chance You’ll Get it Back

North Korean Hackers Have Stolen $571 Million in Cryptocurrency: Report

North Korean Hackers Have Stolen $571 Million in Cryptocurrency: Report

Even though blockchain technology has all sorts of security applications, one thing is for sure: cryptocurrency exchanges are vulnerable to cybersecurity attacks, and hackers have exploited these flaws for massive gains. However, no hacker crew has been quite as successful as the infamous North Korean group of hackers, dubbed “Lazarus,” which is responsible for the… Continue reading North Korean Hackers Have Stolen $571 Million in Cryptocurrency: Report

Fake News: Elon Musk’s Flamethrower Company isn’t Accepting Bitcoin

Fake News: Elon Musk’s Flamethrower Company isn’t Accepting Bitcoin

Yesterday, various news websites including The Next Web reported that Elon Musk’s Boring Company was accepting bitcoin as a form of payment for its famous flamethrowers. However, it has now been revealed — also by TNW — that it is a fake website created by a scammer and that the real Boring Company is not accepting cryptocurrency.… Continue reading Fake News: Elon Musk’s Flamethrower Company isn’t Accepting Bitcoin

Such Borrow: Crypto Lender SALT Now Takes Dogecoin as Collateral

Such Borrow: Crypto Lender SALT Now Takes Dogecoin as Collateral

Cryptocurrency investors have another way to access capital without having to liquidate their portfolios. SALT Lending, which has issued more than $50 million in blockchain-backed loans, is capitalizing on the liquidity in dogecoin and has begun offering loans in USD collateralized by longtime crypto darling DOGE. Dogecoin’s profile has been on the rise in recent… Continue reading Such Borrow: Crypto Lender SALT Now Takes Dogecoin as Collateral

You can buy and sell bitcoins at this ATM in Bengaluru – Times of India

You can buy and sell bitcoins at this ATM in Bengaluru – Times of India

BENGALURU: In February, when the finance ministry banned banks and regular financial institutions from being part of the bitcoin network, Indians could no longer buy and sell bitcoins, unless they had an overseas account or an overseas relative or friend who could transact on their behalf. Now, to help users overcome this challenge, cryptocurrency exchange… Continue reading You can buy and sell bitcoins at this ATM in Bengaluru – Times of India

One Coin to Rule Them All? Huobi Lets Users Swap Between Stablecoins

One Coin to Rule Them All? Huobi Lets Users Swap Between Stablecoins

Singapore-based cryptocurrency exchange Huobi Global today introduced an all-in-one stablecoin program called HUSD, which will allow traders to convert between four USD-pegged cryptocurrency tokens. HUSD: Huobi’s All-in-One Stablecoin Solution According to the announcement, the HUSD solution aims to reduce the need to choose between multiple stablecoins, as well as to cut down transaction costs incurred… Continue reading One Coin to Rule Them All? Huobi Lets Users Swap Between Stablecoins

Features

Features GraphSense is an open source platform for analyzing cryptocurrencies such as Bitcoin. Address Clustering: partition the set of addresses observed in a cryptocurrency ecosystem into maximal subsets (clusters) that are likely to be controlled by the same real-world entity. Micro- and Macroscopic Analysis: inspect main cryptocurrency entities (block, transaction, address) and compute summary statistics… Continue reading Features

Crypto Startup That Lets You ‘Short’ Ethereum Just Raised $10 Million

Crypto Startup That Lets You ‘Short’ Ethereum Just Raised $10 Million

A startup called dYdX has raised $10 million in funding from investors to develop financial software that allows people to borrow money from one another without using a broker. The five-person company developed a margin trading protocol based on the computing network Ethereum. It aims to allow people to create new cryptocurrency-related financial products, like… Continue reading Crypto Startup That Lets You ‘Short’ Ethereum Just Raised $10 Million

Your computer could be quietly mining bitcoin — for someone else

Your computer could be quietly mining bitcoin — for someone else

Breaking News EmailsGet breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.Hackers are quietly hijacking personal computers, company servers, cable routers, mobile devices and other forms of computing power to stealthily mine cryptocurrencies — a problem that cybersecurity experts warn is growing rapidly.The act, known as cryptojacking, has grown… Continue reading Your computer could be quietly mining bitcoin — for someone else

Ethereum Token Rallies as Brave’s Cryptocurrency Program Enters Beta

Ethereum Token Rallies as Brave’s Cryptocurrency Program Enters Beta

The cryptocurrency market posted a minor decline on Friday, with bitcoin and most other large-cap assets shedding about one to two percent of their previous-day valuations. Ethereum token BAT, however, managed to resist the market’s gravitational pull and post a major single-day rally. Ethereum Token BAT Hits Two-Month High BAT — short for Basic Attention… Continue reading Ethereum Token Rallies as Brave’s Cryptocurrency Program Enters Beta

Lack of Transparency to Blame for Tether’s Loss of USD Peg: Novogratz

Lack of Transparency to Blame for Tether’s Loss of USD Peg: Novogratz

Five days since losing its U.S. dollar peg, fiat-backed cryptocurrency tether (USDT) continues to trade at a discount to its supposed $1.00 valuation. Defenders have largely chalked up the markdown to FUD, arguing that supporters of other “stablecoins” are launching a coordinated assault on tether, which has long dominated this market niche. However, billionaire investor… Continue reading Lack of Transparency to Blame for Tether’s Loss of USD Peg: Novogratz

Analysts track cryptocurrency scammer who stole from 10K Dogecoin fans

Analysts track cryptocurrency scammer who stole from 10K Dogecoin fans

An online scammer is targeting the popular cryptocurrency, Dogecoin. To date, more than 10,000 individuals have been hit by the operation, with overall losses amounting to some $24,000. Russia-based cybersecurity firm Doctor Web fingered the perp in a recent blog, spotted by BleepingComputer. Analysts have been tracking the suspicious activity of a particular cryptocurrency criminal, who… Continue reading Analysts track cryptocurrency scammer who stole from 10K Dogecoin fans

Legendary cypherpunk declares cryptocurrency is failing its creators

Legendary cypherpunk declares cryptocurrency is failing its creators

As cryptocurrency falls further into the hands of the mainstream, it falls further away from its creators, the cypherpunks. Earlier today, CoinDesk published an in-depth interview with Timothy May, one of the founding members of the cypherpunk movement. In the interview, May highlights how the ideology that spurred the creation of Bitcoin is slowly being… Continue reading Legendary cypherpunk declares cryptocurrency is failing its creators

Apple’s Chipmaker Braes For Dampening Crypto Mining Demand

Apple’s Chipmaker Braes For Dampening Crypto Mining Demand

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest independent semiconductor foundry, predicted that its fourth-quarter revenue would increase by only a couple percentage points, forecasting revenues of 9.35 billion to 9.45 billion. Its 2017 fourth-quarter revenue was 9.2 billion. Weakening Crypto Demand TSMC, based in Hsinchu, Taiwan, is not only the world’s largest semiconductor foundry,… Continue reading Apple’s Chipmaker Braes For Dampening Crypto Mining Demand

North Korean hacker crew steals $571M in cryptocurrency across 5 attacks

North Korean hacker crew steals $571M in cryptocurrency across 5 attacks

North Korean hacking outfit “Lazarus” is the most profitable cryptocurrency-hacker syndicate in the world. Since 2017, internet baddies have in total stolen $882 million worth of cryptocurrency from online exchanges, but none have done it quite as well as the infamous North Koreans. World-renowned cybersecurity unit Group-IB is prepping to release its annual report on… Continue reading North Korean hacker crew steals $571M in cryptocurrency across 5 attacks

Chinese Crypto Wallet Cobo Raises $13 Million, Eyes Global Expansion

Chinese Crypto Wallet Cobo Raises $13 Million, Eyes Global Expansion

Plans for worldwide growth are on track for cryptocurrency wallet startup Cobo after it managed to raise US$13 million in a Series A round. The cryptocurrency wallet startup, which is based in Beijing, China, has set its sights on expanding in the United States as well as in Southeast Asia particularly Indonesia and Vietnam. The… Continue reading Chinese Crypto Wallet Cobo Raises $13 Million, Eyes Global Expansion

Hodor urges crypto investors to ‘hodl’

Hodor urges crypto investors to ‘hodl’

KRISTIAN Nairn, aka Hodor from Game of Thrones, has re-emerged with a new take on his famous catchphrase.HODOR wants you to “hodl”.Kristian Nairn, who played friendly giant in Game of Thrones, has appeared in a tongue-in-cheek ad for Israeli-based cryptocurrency brokerage eToro.The Irish actor plays himself in a meeting with his agent discussing advertising offers… Continue reading Hodor urges crypto investors to ‘hodl’