Crypto currency and Blockchain News
Chinese based Bitcoin mining giant Bitmain, has sued an anonymous hacker for the alleged theft of 5.5 million worth of crypto from the mining company’s account back in April. The lawsuit was filed with the US District Court for the western district of Washington at Seattle on the 7th of November. The court document stated […]
Scientists have raised a new alarm over climate change, this time showing concern over Bitcoin’s carbon footprint. Scientists are gravely concerned over Bitcoins impact on the earth’s global warming. The report posted on nature.com extrapolates data that currently exists on Bitcoin’s electricity consumption along with projections of electricity consumption should Bitcoin be largely adopted in […]
37-year-old Harish BN was apprehended this week by the cyber crime police unit in Bengaluru India, for reportedly running a Bitcoin ATM without the relevant approvals. Harish is the cofounder of Unocoin, a blockchain based company responsible for setting up India first bitcoin ATM. The ATM had been set up only a week earlier at […]
Crypto crimes continue to rear their ugly head with a new incident reported in Sydney Australia where a 23-year-old young woman was apprehended for stealing $65,000 worth of crypto from a 56-year-old man. The lady as reported by the Brisbane times hacked into the man’s account via email where she bypassed the 2 step verification […]
The world’s fourth-largest asset manager, Fidelity launched its crypto custody October 15th. Abigail Johnson the asset management firm’s CEO stated that the firm’s long-term strategy was to make Bitcoin and the rest of the crypto space more accessible to budding investors. The CEO stated that the firm’s goal was to make digitally native assets such […]
It has been revealed that hackers are illegally generating Bitcoin, Monero and other cryptocurrencies by making the most out of a software flaw leaked from the United States government. This information raises serious questions about the security of one of the fastest growing financial markets. Recently, illicit crypto mining has risen by 459 percent compared […]
Ethereum hit another low this year, alongside with losing 70% of its value in 2018 which was predicted to be THE year for cryptocurrencies, so many are wondering is Ethereum in trouble with the most recent performance. It seems that investors are losing patience with ETH as they are “leaving the ship” observing Ether plunging […]
The original or ancestor of all cryptocurrencies, Bitcoin, got some props from the original or ancestor of all popular white rappers, Eminem, on a record likely to feature in his next album. This is a case of yet another mainstream celebrity showing awareness of how crypto is beginning to disrupt the global world order. Previously, […]
Although slight rises have been noted during the previous week, the market still seems to be acting sluggish, with some minor improvements visible in the market throughout the top 20 coins. While some of the toppers are missing out on collecting rises during a mildly positive impact in the market in the last 24 hours, […]
CEO of the popular financial markets website ADVFN, Clem Chambers claims that it is quite likely that bit-coin will climb to the 100,000 dollar mark in the near future. Clem justified his bullish bit-coin case by stating that the technology represented the future. Chamber’s opinion of bitcoin is a very lonely one since bit-coin has […]