China Continues Its Crypto Crackdown, Blocks Public Access to Offshore Exchanges

China has stepped up its crackdown on digital assets as it blocks the public from accessing more than 120 exchanges. Authorities are reportedly continuing to identify and police domestic websites offering information on crypto trading and initial coin offerings (ICOs). The Bad News Continues to Come for China’s Crypto Community According to a report in […]

Nvidia Quits Crypto Due to Low Profit, Not Because of Decline in Demand

The world’s largest graphic card and chip maker Nvidia has officially put an end to its crypto venture, with the official announcement of its CFO Colette Kress. In a statement, Kress said: “We believe we’ve reached a normal period as we’re looking forward to essentially no cryptocurrency as we move forward. Our revenue outlook had […]

Bitcoin Mining Giant Bitmain Invests in Blockchain Data Storage Startup

Chinese bitcoin mining equipment manufacturer Bitmain has invested an undisclosed amount in blockchain data storage startup Lambda, the latter announced last Friday. Bitmain Expands its List of Portfolio Companies The new investment will see to Lambda further developits “secure” blockchain-based infrastructure and decentralized applications, commonly known as dApps. The Singaporean startup has already conducted a tokenized […]

Ryuk Ransomware Targets Businesses with Bitcoin Demands, Links to North Korea?

A new, highly targeted ransomware attack has been affecting large businesses. The Ryuk operation demands that victims make large Bitcoin payments for the return of their files. Is Ryuk Ransomware Connected to North Korea’s Lazarus Group? The Ryuk ransomware attack has been exposed by security company Check Point. In a lengthy report, the firm states […]

VeChain Price Extends Recovery as Market Awaits [Another] Bitcoin ETF Ruling

The vechain price (VET/VEN) rose nearly 10 percent on Tuesday, even as the wider cryptocurrency market struggled just to tread water amidst declining trading volume. VeChain Price Doubles in Just One Week The cryptocurrency, the native token of the eponymous IoT-focused VeChain platform, has been one of the market’s top performers in August, as CCN […]

Top Crypto Exchanges Join Winklevosses’ Self-Regulatory Organization

Some of the crypto industry’s biggest exchanges are joining with the Winklevosses in an effort to bring self-regulation to a market that many perceive to be fly-by-night and unstructured. Five months following its creation, the Virtual Commodity Association (VCA) has onboarded Bittrex, bitFlyer USA and Bitstamp, a site update reveals. A press release detailing the […]