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Showing posts with the label 2018 at 12:41AM

Samoa blocks cryptocurrency

The bank said it had come to its attention that there were still a large number of people wanting to remit or transfer money out of Samoa to invest in the Onecoin cryptocurrency , despite warnings by CBS that there was a very high risk that the promotion was a pyramid scheme. Under national regulations ... from Google Alert - cryptocurrency https://ift.tt/2Ihjf6h via IFTTT https://ift.tt/eA8V8J

Litecoin Payments are Quietly Starting to Catch On

A peer-to-peer cryptocurrency and fork of the Bitcoin Core client, Litecoin was released via an open-source client on GitHub on October 7, 2011 by Mr. Lee. Key differentiators between Bitcoin and Litecoin were a decreased block generation time (2.5 minutes), an increased maximum number of coins (84 ... from Google Alert - cryptocurrency https://ift.tt/2r7qD9P via IFTTT https://ift.tt/eA8V8J

Samsung's Revenues Head to the Moon, Thanks to Cryptocurrency Mining Chips

Samsungs decision to expand into the production of chips for crypto mining has paid off big time as the company is smiling to the bank and having enormous proceeds from it. The company recently decided to go into the mass production of ASIC chips and has already begun to yield dividends as its first ... from Google Alert - cryptocurrency https://ift.tt/2Foc46U via IFTTT https://ift.tt/eA8V8J

Bitcoin's wild ride and what's ahead for the cryptocurrency

It was our attempt to reach a deeper understanding of what drives the cryptocurrency's value. Can you really predict how investors will behave around something with so many layers of complexity — around what is essentially a black box system and the subject of so much hype? It's not an easy task. from Google Alert - cryptocurrency https://ift.tt/2ERgxyV via IFTTT https://ift.tt/eA8V8J

Hacked Korean Cryptocurrency Exchange Youbit's Insurance Claim Is Denied

DB Insurance, the company that insured the South Korean cryptocurrency exchange Youbit, has denied a claim that the exchange filed after a hack apparently drained the marketplace of "about 17% of [its] total assets." The platform had reportedly said that the insurance money, which could have added ... from Google Alert - cryptocurrency https://ift.tt/2uDp8oG via IFTTT https://ift.tt/eA8V8J

Yahoo Japan Plans to Open Cryptocurrency Exchange

Yahoo Japan, the internet behemoth hailing from Japan, is planning to enter the market of cryptocurrency exchanges, if a report by Nikkei Asian review is to be believed. The move will cause a significant shift in the whole industry, as Yahoo Japan can change the rules of the game owing to its deep ... from Google Alert - cryptocurrency https://ift.tt/2G4iT2A via IFTTT https://ift.tt/eA8V8J

Pablo Escobar's Brother Launches New Cryptocurrency

This new cryptocurrency has marketed itself as a Bitcoin alternative, which will purportedly be both faster and lighter than its main competitor. It will use the blockchain, a “peer-to-peer technology to operate with no central authority or banks” and will be “open-source” so that “nobody owns or controls ... from Google Alert - cryptocurrency http://ift.tt/2G2AWCp via IFTTT http://ift.tt/eA8V8J

Big demand for the new bitcoin and other cryptocurrency funds: Crypto investor

"Digital currencies are not like stocks and bonds," says Michael Sonnenshein of Grayscale Investments. "There's certain technological prowess that people need to have in order to handle them.'" The investment firm rolled out four new trusts to help investors understand how digital currencies operate. from Google Alert - cryptocurrency http://ift.tt/2p8piPO via IFTTT http://ift.tt/eA8V8J

Ripple CEO tells cryptocurrency industry to 'work with the regulators'

"It's incredibly important that the entire industry recognizes that we have to work with the regulators, we have to work with the system," Ripple CEO Brad Garlinghouse says. Bitcoin dropped below $10,000 level Wednesday after the SEC said it will require digital asset exchanges to register with the ... from Google Alert - cryptocurrency http://ift.tt/2IaJKYh via IFTTT http://ift.tt/eA8V8J

Coinbase announces launch of cryptocurrency index fund

NEW YORK (Reuters) - Digital asset exchange Coinbase announced on Tuesday the launch of its first-ever index fund, marking the company's foray into asset management. The U.S. firm, the largest cryptocurrency company in the world and most recently valued at $1.6 billion, has formed a subsidiary ... from Google Alert - cryptocurrency http://ift.tt/2tlNtin via IFTTT http://ift.tt/eA8V8J

Coinbase is launching its own cryptocurrency index fund

When you're the runaway leader in a growing industry you typically have two opinions: A) Stay in your lane and let other companies pop up to solve the industry's problems. B) Try to offer as many products as possible and own the entire customer experience from A-Z (no Amazon pun intended). If there's ... from Google Alert - cryptocurrency http://ift.tt/2D5Ob2K via IFTTT http://ift.tt/eA8V8J

Litecoin Creator Endorsement Gives Nano Cryptocurrency a Big Boost

The cryptocurrency entrepreneur's endorsement has been credited with causing a noticeable bump in Nano's price over the past few days. The day Lee mentioned the token, it was valued as low as $13.56. As of 5:00 p.m. Eastern Thursday, it has reached heights of $17.19, a figure it hasn't been at in ... from Google Alert - cryptocurrency http://ift.tt/2oNcuxA via IFTTT http://ift.tt/eA8V8J

Korean Regulator Tips Cryptocurrency Prospects Back Toward “Normalization”

The FSS, which has been spearheading the government's regulation of cryptocurrency trading as part of a larger task force, has had an uphill battle in the face of Korean officials' variable attitudes to the burgeoning industry. While the FSS-led taskforce set the nation's first official rules around ... from Google Alert - cryptocurrency http://ift.tt/2HCztnE via IFTTT http://ift.tt/eA8V8J

Venezuela's Cryptocurrency Is Here, But Who's Involved Isn't Clear

Indeed, despite the press conferences and Twitter campaigns, one of the notable questions to emerge about the first-of-its-kind cryptocurrency is exactly who is building it, which technologies are being used and which private companies are involved (if any). Perhaps most notable among those named in ... from Google Alert - cryptocurrency http://ift.tt/2Gz6X4U via IFTTT http://ift.tt/eA8V8J

Hackers used Tesla's cloud to mine cryptocurrency

With the cryptocurrency craze still in full swing, the frequency of crypto-related crimes has exploded in recent months. Just last week, for example, a 24-year old Chicago man was arrested amid charges that he stole $2 million in Bitcoin and Litecoin from his employer. Aside from old-fashioned theft, the ... from Google Alert - cryptocurrency http://ift.tt/2HA6QXZ via IFTTT http://ift.tt/eA8V8J

Poor cloud security let hackers mine cryptocurrency on Tesla's dime

Poor cloud security let hackers mine cryptocurrency on Tesla's dime. Posted 1 hour ago by Devin Coldewey ... The strange new breed of malicious cryptocurrency miners spares no one, it seems: Tesla is the latest to be struck by this trendy form of hackery. A poorly secured cloud computing setup let ... from Google Alert - cryptocurrency http://ift.tt/2CzsIiy via IFTTT http://ift.tt/eA8V8J

Local cryptocurrency exchange gets certified

As investors and regulators around the world attempt to peer into the deep, dark jungle that is digital currency, one Australian exchange operator hopes it has found a way to shine a bit of light by becoming the first business of its kind to get industry certification. BTC Markets is the first Australian ... from Google Alert - cryptocurrency http://ift.tt/2obrntY via IFTTT http://ift.tt/eA8V8J

Bitcoin has 'pretty much FAILED' as a currency, Bank of England boss Mark Carney declares

On Friday, bitcoin recovered the $10,000 mark for the first time in two weeks before easing to $9,844.82, down over 1 percent on the day. According to CoinMarketCap, bitcoin now lies at $11,141. The cryptocurrency seems to be steadily rising. Nevertheless, attitudes towards cryptocurrencies remains ... from Google Alert - cryptocurrency http://ift.tt/2FgCfhp via IFTTT http://ift.tt/eA8V8J