crypto currency

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Cisco, a worldwide leader in IT and networking, is developing a method of confidential group communications based on Blockchain technology, according to a patent application released by the US Patent and Trademark Office (USPTO) March 29. In the application, the company describes the way...

Yapian Corp., the operator of twice-hacked crypto exchange Youbit, has been denied their insurance claim of $2.8 mln for last December’s hack of an alleged 17 percent of their assets, the Wall Street Journal reported March 29. The mid-December security breach of South Korean Bitcoin (BTC)...

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Chinese authorities are quietly stepping up a crackdown on cryptocurrency exchanges to include“market-making” platforms and similar services, according to anonymous sources cited by Bloomberg in an article Monday, Jan. 15. As attention focuses on South Korea’s regulatory battle with...

2017 was a breakthrough year for the crypto market for major coins such as Bitcoin, Ethereum, and Ripple, increasing awareness by the mainstream market, and innovative new applications of Blockchain technology drove impressive returns. More importantly, this blistering pace for the entire...

Yesterday IOTA announced a major platform release allowing data monetization using micropayments through their distributed ledger technology. The data solution has already garnered huge partnerships from Microsoft, Fujitsu, Bosch, Deutsche Bank Telekom, and others. IOTA has already issued its...

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Tim Draper has every reason to be bullish on Bitcoin as he has seen his $20 mln investment in the digital currency grow by over 1,000 percent in just three years. Draper is now predicting that in five years fiat will be so obsolete, it will be laughable. The tech investor has made a fortune...

The last few days have been adventurous for the cryptocurrency market. Bitcoin price reached up towards $7,500, while almost $10 bln worth of trading was accounted for, more so, the market cap of the cryptocurrency world reached a record $200 bln. However, since those momentous numbers were hit...

Russian based cybersecurity firm Kaspersky Labs has warned owners of cryptocurrencies that their coins are not safe even in private wallets. A new trojan called CryptoShuffler is stealing coins right from under the noses of users by replacing wallet addresses on a user’s clipboard as they copy...

After Bitcoin hit $6,000 and stayed above it Monday, the virtual currency’s most famous fans are confident $10,000 will involve little effort. Mixed messages are accounting for Bitcoin’s sudden second surge above the $6,000 mark, with Max Keiser pointing to a combination of factors for...

Saudi Arabia's crackdown Saudi Arabia has initiated a sweeping crackdown, ostensibly against corruption, today. King Salman has ordered the arrest of senior princes and ousted many senior officials from ministerial roles. The list of people arrested includes Prince Alwaleed bin Talal, the...

The Winklevoss twins, Cameron and Tyler, could be the richest celebrities in terms of Bitcoin investments as of late October 2017, as their one percent total holdings of the leading digital currency are already worth more than $1 bln. The twins became infamous for their legal dispute with Mark...

Yesterday news broke that the CME Group — the world’s largest regulated derivatives exchange was going to start trading Bitcoin futures. Quartz.com wrote about the fact that Bitcoin could no longer be ignored. From the article which is well worth the read, CME’s move also suggests that...

The explosive growth of cryptocurrency values has drawn in some of the investment world’s biggest players - hedge fund managers. Over the past six months, the number of crypto-focused hedge funds has exploded, moving from around 70 in August to more than 120 at the end of October. In the last...

Eerie similarities to 2013 A year after the block reward halving, with media buzzing about Bitcoin, and a multifold increase in price - this is not just a description of 2017 but also perfectly fits 2013. After the block reward halving in 2012, the price of Bitcoin shot up during the following...

The head of the International Monetary Fund (IMF) has stated that central banks and banking providers should start taking cryptocurrencies seriously. Christine Lagarde, managing director of the IMF was speaking to media at the IMF Annual Meetings in Washington D.C when she said global financial...

When bitcoin price reaches new heights, the critics raise their voices. As the price approached the $6,000 benchmark Friday, it didn’t take long for critics to warn of impending doom. Wall Street banker Jamie Dimon, chief executive of JP Morgan Chase, unleashed another one of his diatribes...