Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. These are the unsettling claims made by a new report released by blockchain and virtual currency forensics firm CipherTrace. […]
Blockstack announced a plan to decentralize the network’s corporate structure on Friday.
North Dakota’s securities watchdog is again taking action against ICO projects it alleges are operating illegally in the state.
Open-source coders backing the ethereum project now say its next system-wide upgrade, Constantinople, is on track for November release.
Middling cryptocurrency exchange YoBit has an unusual plan to attract more traders to its platform: randomly pump coins to artificially drive up their prices. In a Tweet published this morning, the exchange, apparently based out of Russia, said that on Thursday it will inject 10 BTC (~$66,000) into 10 random markets. “We will buy one […]
Samson Mow, chief strategy officer at Blockstream, announced today that the blockchain startup has launched the Liquid Network, a Bitcoin sidechain. Liquid is, as described by the company, “an innovative sidechain built on the Bitcoin network, facilitating faster bitcoin transactions between businesses and individuals, while enabling extended functionality.” The main purpose for the technology is […]
A report on cryptocurrency theft published by cyber security firm CipherTrace found that hacking of exchanges and trading platforms has jumped 250 percent in the first nine months of 2018 on a year-over-year basis, reaching $927 million. $2.5 Billion Laundered on Top 20 Cryptocurrency Exchanges, Says CipherTrace Report Smaller thefts within the digital currency space, […]
The token sale for Civil has brought in $1.34 million toward its $8 million minimum goal.
At least five more university endowments have invested in cryptocurrency funds, suggesting that the “herd” of institutional investors is finally beginning to place at least a small bet on the nascent asset class. As first reported by The Information, a cadre of major educational institutions including Harvard University, Stanford University, Massachusetts Institute of Technology, Dartmouth […]
Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that […]