San Francisco-based Coinbase published a blog post earlier today that provides an update on the current digital assets that the exchange giant is considering for listing. Coinbase continues to push to bring the assets that matter to our customers https://t.co/2IHMGenGjM — Asiff Hirji (@AsiffHirji) December 7, 2018 The list has 31 altcoins currently being reviewed for a […]
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Erik Voorhees, Salt Lending Being Investigated by SEC, Report Says
Crypto loans startup Salt and its former CEO are said to be under investigation by the SEC, according to the The Wall Street Journal.
CoinDesk
Hundreds Of Blockchain Platforms At Risk Of Being Hacked
Online platforms for cryptocurrency exchange are not as well prepared against threats in the ever-evolving cyberspace as they believe themselves. Since 2017, 14 blockchain platforms have been the victim of hacking attacks, leading to a total loss of over 800 million dollars. A new long-term attack was recently discovered and avoided by TAD GROUP, preventing the stealing of over half million dollars in cryptocurrency from a large cryptocurrency exchange platform.
ICO Regulations Being Prepared For Taiwan
If you are considering investing in any Initial Coin Offerings in Taiwan any time soon then you are lucky as it could be as easy as putting money in stocks.
Or at least so says Wellington Koo, the chairman of Taiwan’s Financial Supervisory Commission (FSC). Koo has said that regulations for government ICOs are currently being drafted with a view of smoothing over the process for investors and traders as well as making tokens just as liquid as stocks.
DCR Surges 25% After Being Listed On Binance
Imagine all the altcoins that wish they could get listed on the biggest exchanges like Coinbase and Huobi. But the biggest exchange is Binance and so for an altcoin to get on there must be a magnificent boost for the coin.
The latest listing to get on the aforementioned crypto exchange is Decred and while the rest of the market is still in a tough spot, Decred seems to have shot for the stars. According to CoinMarketCap, DCR has surged by nearly 25% in less than two hours after the announcement and it is currently trading at $ 48.06 at the time of writing. This is its highest price since earlier in August this year.
Blockvest ICO Being Sued By SEC
Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities.
The complaint again Blockvest
According to Ethereum World News, the SEC gained an emergency court order form a US District Court to prevent Blockvest planned ICO to go ahead as well as the current pre-ICO sales.
Hundreds of ICOs Being Secretly Investigated by SEC, Claims Report
Hundreds of startups are reportedly being “secretly” targeted by the U.S. Securities and Exchange Commission for their involvement with initial coin offerings. Companies that participated in ICOs are now scrambling to clarify whether their token constituted a security, and, if so, whether it was properly registered with or exempted by the SEC.
Also read: Europe, Japan and the ‘Drug’ of Quantitative Easing
SEC ‘Tightens the Noose’ on Startups That Used an ICO
Yahoo Finance and Decrypt claims that “Hundreds of startups that did token sales are finding out they’re in violation of securities law— including many that were sure they did it the right way.”
Ethereum Classic (ETC) Price Being Manipulated As The Whales Accumulate
Chart for ETC/USD (1W)
Ethereum Classic (ETC) has seen a lot of favorable developments over the past few months but the price has failed to rise successfully. If anything, one might be led to believe that those developments actually did not affect the price at all and that interest in Ethereum Classic (ETC) has not changed a bit. There are two sides to this. For retail investors that trade sentiment or hype which is very common in this industry, it is early days yet to be thinking about Ethereum Classic (ETC).
EOS Price Rises Despite Claims of its Core Protocol Development Being Outsourced
Not much is happening across the cryptocurrency industry as of right now. Most currencies are seemingly stuck in a bit of sideways trading momentum, which can mean one of two things. In the case of the EOS price, it seems things are heading in the right direction, courtesy of a small gain over the past 24 hours.
EOS Price Surpasses $ 5.2
It is interesting to see how the EOS price is evolving over these past few hours. Although there does not appear to be much momentum to push the value much higher, its trading volume is increasing rapidly. Thanks to $ 625m in volume, the EOS price has surpassed $ 5.2 once again. This is an interesting trend, albeit it remains to be seen how long this will last.
Blockchain Being Used to Save Lives Amidst Opioid Epidemic
A growing number of start-ups and larger companies have begun to experiment with blockchain’s utility for solving public health crises — like the opioid epidemic in the United States.
Cryptocurrencies have had a testy relationship with some law enforcement figures in the United States, who see popular forms like Bitcoin as a scapegoat for an ongoing opioid crisis.
The infamous Silk Road marketplace, commonly associated with drug sales, accepted Bitcoin for transactions. This put the digital coin under the scrutiny of law enforcement after authorities shuttered the site and arrested the infamous Ross Ulbricht (Dread Pirate Roberts).
Mines Now Being Used To Mine… Bitcoin
A decommissioned mine in the Norwegian Fjords is alleged to have been converted into a data centre, designed to mine Bitcoin in an efficient and sustainable manner.
It’s not the first time an old mine has been re-designed as a Bitcoin mine, there’s a very good reason for that too, old mines allow for the perfect environment for cryptocurrency mining.
According to Coinjournal:
“Frankfurt-based Northern Bitcoin is the company behind the Lefdal Mine in Norway that is challenging the status quo of Bitcoin mining and redefining it.
Mass Adoption of Crypto Far from Being Achieved, Best Chance in Turkey
Based on a survey conducted by Statistca on 15,000 individuals, Turkey has the highest percentage of population that has invested in the crypto market. According to the data released by Statistica shown below, 18 percent of the country’s investors have purchased cryptocurrencies like Bitcoin and Ethereum in the past few years. Motive of Residents in
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$6 Billion Daily Crypto Volume is Being Faked, How Can it be Combated?
Earlier this week, the Blockchain Transparency Institute (BTI) published a report claiming that the global crypto exchange market is faking $ 6 billion of its daily volume. The researchers at BTI evaluated the user activity and traffic of the market’s biggest crypto exchanges, comparing their projected trading volume to other metrics. Slippage, a method utilized by
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Bithumb Still Made $35 Million in the First Half of 2018 Despite Being Hacked
Bithumb, once the 7th largest crypto exchange by trading volume, suffered a hacking event in June that resulted in about $ 30 million worth of cryptocurrencies stolen from the platform. Despite the hack, Bithumb was able to rake in 39.34 billion won (~$ 35 million) in the first half of this year, according to South Korean news agency Yonhap, which […]
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Norwegian Bitcoin Mining Firm Hit with Bomb Threat Risks Being Shut Down
Barely a week after receiving bomb threats, Kryptovault now has to contend with another threat — forced closure by local authorities. According to the Norwegian edition of The Local, one of the bitcoin mining facilities that Kryptovault runs in Norway is at risk of being shut down by the local municipality following noise pollution complaints
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Ethereum Classic Price: Bulls Take Control for the Time Being
As is usually the case when the weekend looms around the corner, cryptocurrency markets tend to do surprising things. This time around, there are some pleasant surprises to take into account. The Ethereum Classic price is an intriguing example of how quickly things can turn around in this industry.
Ethereum Classic Price Enjoys a Positive Spell
Cryptocurrencies are a very unique creature in the financial world. Their volatility is notorious, but so are the overall unusual market swings. In the case of the Ethereum Classic price, it is evident the positive momentum has materialized out of the blue. As such, it can also disappear in the blink of an eye. Whether or not that will be the case, remains to be determined.
Coinhive Users Speak Up After Being Investigated by Japanese Police
The Japanese Police have been cracking down on users of remote mining software apps, such as Coinhive, without their website visitors’ consent. After being investigated and having their property impounded, users are speaking up about the unfairness of the investigation.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space
Problems with the Investigations and Arrests
The Japanese police have been actively investigating website owners using programs such as Coinhive to mine cryptocurrencies without their site visitors’ consent. Recently, the police from 10 prefectures reportedly caught 16 people using such programs; three were arrested while the others had their information sent to the prosecutors.
Amid Chaos, Our Decentralized Future Is Being Built
Blockchain can upend – not just the business models of recent decades – but a millennia-old societal practice of deep significance to civilization.
CoinDesk
Blockchain Initiatives Being Explored by Ethiopian Government
Blockchain research and development company IOHK has announced a partnership with Ethiopia’s government to explore applications of blockchain technology in the country. In collaboration with the Ethiopian Ministry of Science and Technology, IOHK will work with ministers, entrepreneurs, and start-up companies to examine blockchain applications that can benefit the country. Ethiopia is exploring a first use case of supply chain traceability for coffee, its largest export, among other agricultural technology applications.
In addition, IOHK will train up to 100 Ethiopian software development students in Haskell, a rigorous programming language used for mission-critical applications and blockchain development, including the protocol behind top 10 cryptocurrency Cardano.
Recent Drupal Exploit Is Being Used to Illegally Mine Cryptocurrencies
Cybercriminals often target known and unknown exploits found in operating systems and web architectures. Evidently, someone took advantage of a recent Drupal exploit to mine cryptocurrencies in an illegal manner. Although the exploit was patched in late March, there are still some concerns over how exactly this exploit was leveraged.
A Drupal Exploit Enabled Crypto Mining
As is the case with any security exploit, the people responsible for maintaining the project’s code will try to address this issue as soon as possible. In a lot of cases, that is much easier said than done, as there are many potential repercussions to keep in mind. For the Drupal developers, addressing the most recently discovered critical exploit has been a painstaking process.