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The Cardano Vasil hard fork has now experienced its second delay in the last two months. This upgrade is important to the network’s growth, and as always, Cardano developers continue to stay true to form by only shipping out safe products. The second delay was announced at the end of July, and founder Charles Hoskinson has made a video explaining what was behind the delay and what is expected for Vasil hard fork going forward.
Delay Was Caused By Bugs
GameStop has joined forces with global innovation design firm R/GA to outline a new strategy to save the waning business. The initiative comes at a time when the video game retailer is enduring a record-breaking slump in sales and reeks of a desperate effort to reverse its unstoppable decline. In a press release issued yesterday, […]
The post GameStop’s Desperate Pivot Is the Last Gasp of a Dying Brand appeared first on CCN Markets
Digital currency markets have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $ 275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $ 63 billion swapped in the last 24 hours.
Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading
South Korean firm Dunamu, operator of cryptocurrency exchange Upbit, says it invested $ 46 million in 26 blockchain startups over the last year.
CoinDesk
Cryptocurrency-focused merchant bank Galaxy Digital LP (TSXV:GLXY) reportedly lost a whopping $ 272.7 million in 2018, with the largest contributor being a $ 101.4 million realized loss on Bitcoin and Ethereum holdings. According to recent filings, the Mike Novogratz-led startup lost $ 97 million in the fourth quarter, building on losses of $ 76.7 million in the third quarter. As […]
SludgeFeed
According to a recent survey of 10,000 European residents, 63% believe that cryptocurrencies will still be around in 10 years. However, polled respondents were not so confident about bitcoin core (BTC) lasting over the next decade as only 49% of participants believe BTC will be around.
Also read: Researchers Find Hundreds of Ethereum Wallets at Risk Due to Weak Key Pairs
Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64.2% over the last year.
Also read: Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings
On April 10, software developer Karol Trzeszczkowski launched a platform called the Last Will, a smart contract program for the inheritance of bitcoin cash (BCH). The Last Will protocol is an Electron Cash plugin that allows users to create and manage BCH endowments.
Also read: How to Easily Find Businesses That Accept Bitcoin Cash Near You
Cryptocurrency markets experienced a long bearish cycle last year which has continued into 2019. With some of the top cryptocurrencies like bitcoin cash (BCH) and bitcoin core (BTC) losing significant fiat value, large holders, otherwise known as ‘whales,’ have been able to accumulate massive amounts of digital assets. According to the top 100 rich list addresses for both coins, the world’s richest bitcoin holders have taken full advantage of ‘weak hands’ and discounted prices.
Also read: Mt. Gox CEO Claims the Coinlab and Brock Pierce Deals Never Materialized
Coincheck has reported 1.73 million downloads of its mobile app since the Japanese cryptocurrency exchange resumed new account signups, withdrawals, deposits and limited trading in October. By the end of December, more than 900,000 of the new users had gone on to confirm their identities, in what looks like a remarkable comeback for an exchange that holds the dubious record of having suffered the worst hack in the short history of cryptocurrency.
Also read: Genesis Capital Processed $ 1.1B of Cryptocurrency Loans in 2018
In the last 24 hours, the crypto market slightly recovered from $ 111 billion to $ 113 billion as Bitcoin rebounded to $ 3,400. Other major crypto assets in the likes of Ripple (XRP) and Ethereum (ETH) recorded gains in the range of three to seven percent against the U.S. dollar. Following the partnership with R3 and SWIFT, rumors around a potential SWIFT and Ripple partnership emerged and analysts attributed the sudden increase in the price of XRP to the rumors. Longest Bear Market, What Can Investors Expect? According to a cryptocurrency technical analyst Jonny Moe, the cryptocurrency market has officially entered into
Moody’s Investors Service warned Tuesday that the U.S. economy could suffer even worse damage from another government shutdown only three weeks after the record-breaking, month-long shutdown that concluded last week. The partial federal government shutdown that left 800,000 federal workers furloughed (or working without pay on essential government functions) concluded temporarily after President Donald Trump and congressional leaders agreed to fund the government for three weeks while negotiations between the two parties continue over Donald Trump’s request for a $ 5.7 billion border fence appropriation in the next spending bill. Moody’s Investors Service warned: The partial government shutdown had concentrated effects,
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 include individual user scams. Instead, they focus on exchange exit scams, phony exchange hacks, and ICO scams. They account for an additional $ 725 million. The Dark Downside of the Crypto Boom If you adjust for the lower prices of cryptocurrencies in 2018, as much as
By CCN.com: Voyager aims to be the easiest way to trade cryptocurrency. The crypto brokerage app lets the user simply place an order and allow Voyager to do the rest. The company is connected to more than a dozen cryptocurrency exchanges around the world. It uses advanced metrics to find the user the best trade
The post Exclusive: Voyager CEO on Why Crypto Regulation is the Last Step Before Mass Adoption appeared first on CCN
By CCN.com: Ripple released its fourth-quarter markets report this week. One thing is clear: the bear market is affecting Ripple as much as anyone else. Total sales of XRP from the company amounted to around $ 129 million versus the previous quarter, which saw sales of $ 163 million. XRP Sales Down in Q4 But Still Wildly Lucrative
The post Ripple’s Cryptocurrency Sales Plunged by Nearly 25% Last Quarter appeared first on CCN
By CCN.com: In the last 48 hours, despite the withdrawal of the Chicago Board Options Exchange (CBOE) and VanEck Bitcoin exchange-traded fund (ETF), the Bitcoin price has increased from $ 3,511 to $ 3,657 by nearly two percent. Although the lack of a major price movement following a highly anticipated event like the VanEck ETF withdrawal demonstrated
The post At Last, Traders Expect High Volatility as Bitcoin Breaks $ 3,600: Good Start to February? appeared first on CCN
Huobi Global, owner of the third-largest crypto exchange by trading volume, reportedly raked in $ 483 million from trading commissions in 2018. According to a recent report by South Korean media outlet Sporbiz, which cites Hwaseong Jae Kyung, a commodity specialist in the Chinese virtual money market, Huobi earned 545.2 billion won ($ 483.9 million) in commission income last year, […]
SludgeFeed
This is the fifth 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 and on Day 4.
I woke up in a millionaire’s bed today, something I never thought I’d say because I ain’t gonna make a million bucks, and I always doubted I could’ve finagled my way into the bed of someone who had.
Chainalysis, a provider of cryptocurrency tracking tools to companies and law enforcement, recently published a report revealing that darknet markets are still thriving despite law enforcement’s best efforts to shut them down. Darknet markets are immune to the volatility of cryptocurrency markets, according to our research findings. Get a preview of our deep dive into darknet […]
SludgeFeed
Taiwan Semiconductor Manufacturing Company Limited, who provides chips to Bitcoin mining giant Bitmain, says that 2018 saw a downturn in demand for crypto mining chips. In a recent conference call with investors, TSMC CEO C. C. Wei said that cryptocurrency had previously accounted for “a lot” of the company’s orders, but that it had gone
The post Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year appeared first on CCN
