Forthcoming Ethereum hardware hackathon ETHDenver is partnering with UNICEF on a bounty token to incentivize developers to create projects which promote social good. Upcoming Ethereum (ETH) hardware hackathon ETHDenver is partnering with UNICEF on a blockchain bounty token system, according to a press release shared with Cointelegraph Jan. 31. The token aims to incentivize developers […]
Ethereum-Based ‘Wrapped’ Token Backed by Bitcoin Launches Wrapped Bitcoin (WBTC), an Ethereum (ETH)-based token backed by Bitcoin (BTC), has launched today, Jan. 31, according to a press release on the network’s website. The currency is a joint initiative by blockchain security firm BitGo, Kyber Network liquidity protocol and others. BitGo announced the development of the coin backed 1:1 with Bitcoin in… […]
Despite the interest of major cryptocurrency exchanges in pursuing the DEX model, decentralized exchanges have hit an all-time low in terms of USD traded value. Trading Volume at All-Time Low According to a new research by Diar, decentralized exchanges (DEX) have now hit their all-time low in terms of USD traded value. The report outlines that since […]
The term “Crypto Winter” has been thrown around a lot lately to describe the more-than-one-year-long bear market in Bitcoin and broader cryptocurrency space. However, Civic’s CEO thinks that the phrase “Nuclear Winter” might soon be more appropriate. ‘Winter has come’ for Bitcoin (BTC) and the broader cryptocurrency market, but any hopes for a bull run […]
It doesn’t look like digital payments firm Stripe is having any second thoughts about its bitcoin breakup. Tiger Global Invests $100 Million in Stripe A year after sending the flagship cryptocurrency a Dear John letter, the Silicon Valley fintech darling has reportedly achieved a staggering $22.5 billion valuation following a $100 million investment from Tiger […]
A financial professional paid $10 to his bank for making more than six saving withdrawals. Later, he admitted that using Bitcoin could have been cheaper. Short the Bankers Pat Chirchirillo, a financial advisor at Philadelphia-based McAdam Financial, found a 3,233% different between the cost of withdrawals in banks and Bitcoin. From the look of it, […]
Apple co-founder Steve Jobs cultivated a streamlined strategy that focused on a few products suited for all its markets. The iPhone maker may, however, have to change in order to regain the growth momentum it has lost in China. Currently, analysts and ex-employees hold the view that Apple’s streamlined strategy has failed the tech giant […]
The bitcoin price on Wednesday recovered as much as 2.45 percent after reports indicated that Fidelity would launch its crypto custody service as soon as March. Fidelity Crypto Launch Brings out the Bulls At 18:00 UTC, the bitcoin-US dollar exchange rate (BTC/USD) was trading at $3,443 on crypto exchange Coinbase, down 0.6 percent from its […]
Hackers still have control over cryptocurrency exchange Cryptopia and have removed more funds, says blockchain data firm Elementus.
Swiss Startup to Produce ‘Banknotes’ for Marshall Islands’ Official Cryptocurrency Switzerland-based crypto hardware wallet maker Tangem says it has been selected by the Republic of the Marshall Islands to produce the “physical blockchain notes” for the nation’s planned national digital currency. Tangem announced the news Monday, saying the blockchain notes will be used to store the republic’s… […]
Since the highs of last year, the cryptocurrency market, in general, has bled out and is now struggling to reverse the significant downtrend. Bitcoin, the world’s largest cryptocurrency isn’t immune to it either and its losses have forced miners to quit Bitcoin mining activity. However, Zcash [ZEC] could emerge as a worthy mining alternative for […]
Blockchain analytics firm CipherTrace released a report this morning showing that roughly $1.7 billion in cryptocurrency was stolen or scammed over the course of 2018. The amount stolen by hackers alone is staggering: over $950 million. The figure represents an increase of more than 300% from 2017. The scams noted in the report don’t even […]
Blockstream is partnering with Japanese fintech giant Digital Garage to bring a JPY stablecoin to the Bitcoin network. To spearhead the project, Blockstream and the ¥120 billion (just over $1 billion) firm are working under the label Crypto Garage with the help of Tokyo Tanshi, the “largest inter-dealer broker in Japan w/ billions in trades […]
Many are predicting that 2019 will be the year Bitcoin’s Lightning Network sees massive growth and becomes a more common way to make bitcoin payments, and a new company based in England's East Midlands hopes to help with that process. Today, FastBitcoins.com has announced the launch of its cash-based bitcoin exchange, which includes Lightning Network […]
Iran has lifted the ban on Bitcoin and cryptocurrency as it takes another step towards its own sovereign cryptocurrency amid talks with foreign nations as potential partners. Iran Unbans Bitcoin, ICOs Today, Iran’s central bank has released an early draft of its cryptocurrency laws, lifting the previous ban on Bitcoin, cryptocurrencies, digital tokens, and ICOs, […]
The ongoing “crypto winter” would lead more cryptocurrency exchanges to their deathbeds, predicted Travis Kling. The former Wall Street portfolio manager issued his statement after Kiev-based Liqui, a cryptocurrency exchange, closed down its operations citing illiquidity. He asserted that the ongoing implosion of the cryptocurrency industry was a good thing, stating that the market would […]
Two groups alone are responsible for a majority of hacks at cryptocurrency exchanges to date, Chainalysis research suggests.
Bitcoin is on the defensive after a drop to six-week lows and could soon test crucial long-term support below $3,300.
The cryptocurrency market has been on a downward movement since late January 27 and is still plunging at the time of press. Most of the major coins have dipped by over 9% and are showing no sign of recovery. The bottom three coins on the top-10 cryptocurrency list have now become the biggest losers as […]
Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests The Central Bank of Iran appears set to prohibit “unapproved” cryptocurrencies from being used for payments in the country, according to a draft report obtained by CoinDesk. According to a translation of the draft report entitled “Obligations and Rules Regarding Cryptocurrencies,” “any cryptocurrency wallets will… […]
CCN had a moment to speak with Ben Fairbank, the general manager of Komodo (KMD), a community-oriented smart contract-centric fork of Zcash. Komodo offers a usable layer between the world’s largest proof-of-work system, Bitcoin, and decentralized applications. Komodo enables tokenized systems to rely on the security and immutability of the Bitcoin blockchain without having to […]
CoinSpeaker Microsoft Stock: What Q4 Earnings Could Mean for the Market? The cloud-based technical offerings along with the bad luck of Microsoft’s rivals served the company the highest market capitalization in the world. Analysts advise moneybags, who are looking for a better place for their capital, invest into Microsoft’s “golden stocks”. Microsoft Stock: What Q4 […]
This is the seventh instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 , onDay 4, on Day 5 and on Day 6. I woke to the sound of thin but consistent rain against […]