Binance, Coinbase on Hiring Spree Despite Bear Market, Sign of Rapid Growth

Binance and Coinbase, two of the largest cryptocurrency exchanges in the world by user base and daily trading volume, are on a hiring spree despite the 80 percent correction the crypto market experienced throughout 2018. Speaking to Bloomberg, Binance’s Chief Financial Officer Wei Zhou stated that the company is hiring 50 new employees in its […]

Innosilicon’s Impending ASIC Miner Could Challenge Bitmain’s Dominance

As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory. One of these competitors, Innosilicon, now claims to have a new ASIC miner for bitcoin in the works that will outperform any current hardware in speed, profitability and efficiency. […]

Cryptojacking is up 459% in 2018, and it’s the NSA’s Fault

A report from the Cyber Threat Alliance (CTA) indicates a massive 459% increase in the rate of illegal cryptojacking, through which hackers hijack computer processing power to mine cryptocurrencies like bitcoin and monero. As CCN recently reported, the Indian government was recently targeted in a cyberattack which hijacked processing power from government website servers to […]

Airbus’ A3 Launch Blockchain Donation Platform Amidst Growing Crypto Trend

The research and development arm of Airbus, A3, has launched a blockchain donation platform, called Heritage, that allows charities to better track and understand their fundraising efforts and operational efficiency. The new Heritage platform will be based on the Ethereum blockchain and will provide a robust and thorough framework that allows charities to accept and […]

Newest Crypto Exchange Offers Multiple Currencies Via One Book

The crypto world is welcoming its newest digital currency exchange. Known as BTSE, it’s a platform designed primarily to look after markets and OTC trading. The system is unique in the sense that it offers multiple currencies through one book, and entities like the U.S. dollar, the euro and the Japanese yen all share the […]

Tim Draper Keeps $250,000 Bitcoin Price Target, Says It Will be Bigger Than the Internet

Billionaire Bitcoin enthusiast Tim Draper remains confident that the dominant cryptocurrency will reach his famous $250,000 price target by 2022. Tim Draper Expects Crypto Age to be ‘Bigger Than the Internet Ever Was’ The venture capitalist known for his early stakes in Tesla, Skype, and Hotmail, was interviewed by TheStreet at the Crypto-Finance-Conference in California. The talk […]

SEC Begins Reviewing Physically-Backed Bitcoin ETF, Will Examine 1,400 Comments

The U.S. Securities and Exchange Commission (SEC) announced on Thursday that has begun a formal review process for the physically-backed bitcoin ETF proposed by VanEck and SolidX. According to the order dated Sept. 20 and published on the SEC’s website, the regulatory agency will now consider whether, pursuant to federal securities guidelines, it should approve […]

In First Half of 2018, Japan Counts $540 Million Lost to Crypto Thefts

When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers. On September 20, 2018, on […]