News

3 Reasons Why Bitcoin Price Will Rebound in Q2 2018

It’s been a hazy start to the year for bitcoin, but here comes the sun. After shedding $119 billion-plus from its market cap in Q1 amid pressure from regulators and the cold shoulder from advertising platforms, the bitcoin price is ready for a rebound. And it appears the stars are beginning to align for that to happen […]

$1.1 Million: Malicious Miner Exploits Verge Network for Seven-Figure Payday

Privacy-centric cryptocurrency Verge (XVG) has adopted an emergency hard fork to address a bug that allowed a malicious miner to exploit the network’s mining algorithm for a seven-figure payday. The attack appears to have first been discovered by BitcoinTalk user ocminer — the operator of altcoin mining pool Suprnova — who posted a thread on […]

Lightning Network Wallet Eclair Now Available on Mobile

Bitcoin users can now access the Lightning Network (LN) through their mobile devices, thanks to a new release from French cryptocurrency startup ACINQ. On Wednesday, the Paris-based developer released the first mainnet version of Eclair Wallet, a mobile Lightning wallet compatible with Android devices versions 5.0 and up. The app is the first mobile wallet […]

In a Blow to Bitcoin, India Bans Banks from Dealing in Cryptocurrencies

In what amounts to a major clampdown down on bitcoin and other cryptocurrencies, the Reserve Bank of India (RBI) announced in a press release today, April 5, 2018, that it is banning banks and regulated financial entities from dealing with digital currencies. “In view of the associated risks, it has been decided that, with immediate […]

Japanese Cryptocurrency Exchange Coincheck Accepts Monex Takeover Bid

Coincheck, the Tokyo-based cryptocurrency exchange that has been struggling to get back on its feet since it suffered a devastating hack on January 26, 2018, has agreed to accept a takeover bid by Monex Group, a Japanese online brokerage firm. As part of that, Chief Operating Officer at Monex Toshihiko Katsuya will to take over […]

How to Buy VeChain in 2 Simple Steps

The post How to Buy VeChain in 2 Simple Steps appeared first on 99 Bitcoins. What Is VeChain? VeChain (VEN) is a decentralized blockchain application platform that was launched in 2017. In particular, VeChain focuses on product and supply chain management through asset digitization and RFID technology. This can be used in verifying authenticity, tracking […]

Zhongyunhui Capital, IDG Capital and Bitmain Boost BitKan Funding Round

BitKan, a China-based cryptocurrency data service provider, announced today that it has secured $10 million in Series B funding, led by new investor Zhongyunhui Capital, with additional support from another new investor IDG Capital and existing investor Bitmain. This follows a $2.4 million Series A funding in 2016 and a $300,000 angel round in 2015. […]

What is Bitcoin? Bitcoin Explained Simply for Dummies

The post What is Bitcoin? Bitcoin Explained Simply for Dummies appeared first on 99 Bitcoins. Today we’re going to start from scratch and answer the third most searched term on Google today – What is Bitcoin?   If you’re worried that we’re going to get too technical and use a lot of complicated words – […]

Tokyo: Man Arrested for Selling Crypto Exchange Account to Criminal Group

The Japanese police have stated earlier today that they have arrested a Chinese man in connection with a fraudulent account at one of the nation’s cryptocurrency exchanges. According to the authorities, the man later sold the account to a criminal group for profit. Chinese Man Bought Stolen Details From One Group and Sold Them to […]