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Cryptopia: What Was Left By Hackers, Could Be Taken by Liquidators
17.5.2019
Not your keys, not your coins.
If in the beginning of this week users of troubled exchange from New Zealand, Cryptopia had any hopes to regain all their funds left after a devastating hack, now it became even less likely.
The exchange, which was placed into liquidation this week, said in...
Bitcoin and Altcoins Decline Sharply
17.5.2019
After tagging the USD 8,350 level, bitcoin price started a downside correction. BTC/USD broke the key USD 7,680 support level and declined heavily. The price is down around 10% and it recently tested the USD 7,000 support area. Similarly, there were sharp downsides in most altcoins such...
Crypto Market Crashes, Bitcoin Down 9%, Ether - 7%
17.5.2019
The crypto market crashed on Friday morning (UTC time) suddenly, erasing almost all its gains this week, before rebounding somewhat.
All major coins are in red now (04:14 UTC), while the absolute majority of tokens among the top 100 dropped by 10%-20% in the past 24 hours. The total market...
Firm Claims it Made USD 73,000 in Two Months of Staking ATOM
16.5.2019
UK-based digital asset investment company KR1 claims to have realized USD 73,671 revenue from “staking yields” of the Cosmos Network since its launch on the 14 March 2019. In two months, the company generated 15,463 ATOM, which was sold at an average price of USD 4.76 per ATOM, according to KR1....
Ether Whales Increasing Their Share Again
16.5.2019
Despite the amount of ether, held by individual crypto whales, almost halved in the past few years, it's on the rise again and, as of May 1, has already surpassed numbers from 2018, a new report showed.
A total of 376 whales control 33% of the circulating supply of ether in 2019, the native...
Cryptonews Grows by Adding 6th Language and Entering Italian Market
16.5.2019
Source: iStock/CGinspiration, Cryptonews.com
Cryptonews family have just added a new member. We are excited to announce that Cryptonews is now available in Italian for all our Italian speaking readers. Anyone who wishes to get the latest crypto news and developments in Italian, as well as local...
Stellar Was Down Yesterday and Today It's Best Performing Major Crypto
16.5.2019
Crypto bulls are so excited recently that even if their favored network is down it doesn't stop them from pumping its price.
For about two hours yesterday, Stellar’s blockchain – one of the top ten cryptocurrencies in terms of market capitalization, and an open platform providing payment service,...
Bitcoin Will Be Alive and Well – Legendary Investor Mark Mobius
16.5.2019
Source: a video screenshot, Youtube, Bloomberg
Another major investor has just endorsed Bitcoin, noting that there is a use-case for it. However, volatility still prevents him from investing in cryptocurrency.
"There's definitely a desire among people around the world to be able to transfer money...
Bitcoin Outpaced by Altcoins in Significant Upsurge
16.5.2019
There was another upward move in bitcoin price above USD 8,300, but it failed to hold gains and corrected towards USD 8,000. BTC/USD is currently (08:10 UTC) consolidating and it could once again pop towards the USD 8,300 level. More importantly, there were sharp gains in many altcoins, including...
Bitcoin Cash Hard Fork ‘Undermined by a Bug’
16.5.2019
A large number of internet users say that a bug may have compromised the scheduled Bitcoin Cash hard fork on May 15, causing the token’s network to experience difficulties when processing transactions.
Per BitMEX Research, the network ran into trouble with transactions right after the expected hard...
Check These 25 Startups That Got Millions From Upbit Operator
15.5.2019
Dunamu, the operator of South Korean major cryptocurrency exchange Upbit, and its investment subsidiary Dunamu & Partners have invested over USD 46 million into 26 blockchain-related startups.
The investments were made following the company announcement in March 2018, where Dunamu revealed...
Binance Resumes Business as Usual, Starts Giveaway
15.5.2019
Source: Instagram, Binance
Major cryptocurrency exchange Binance is back in the game again following the recent hack that shook the crypto world and left them poorer for 7,000 BTC (around USD 40 million at the time). Additionally, as a thank you to customers who remained with them, the company...
This 20 y/o Crypto Millionaire Has a Message for You
15.5.2019
Erik Finman. “I believe that you could be a millionaire by investing in blockchain and bitcoin”, a twenty-year-old bitcoin millionaire told MarketWatch, adding: “[…] if you’re not a billionaire in the next 10 years, it’s your own fault.”
He echoes the same sentiment he had more than a year ago,...
binance
15.5.2019
Source: Instagram, Binance
Binance Resumes Business as Usual Following Hack
15.5.2019
Source: Instagram, Binance
Can't Have Bitcoin without the Bubble - ShapeShift CEO
15.5.2019
“There have to be bubbles in crypto because crypto is taking over the world and it’s not going to just advance 5% a month without end”, as people would start buying it, “running it and turning it into a bubble,” according to Erik Voorhees, founder and CEO of the crypto exchange ShapeShift.
In...
Bitcoin Consolidating Gains While Altcoins Continue Higher
15.5.2019
After a strong rally, bitcoin price started a downside correction below USD 8,200. BTC/USD declined below USD 8,000 and it is currently consolidating gains. On the downside, there are many supports near USD 7,860, USD 7,750 and USD 7,680. Conversely, there were further gains in ethereum and ripple....
Hack Kills Cryptopia - Liquidators Take Charge of Exchange
15.5.2019
A New Zealand court has placed hacked cryptocurrency exchange Cryptopia into liquidation following a number of failed attempts at re-opening the platform.
The court placed responsibility for the liquidation in the hands of David Ruscoe and Russell Moore, employees at auditor Grant Thornton...
Facebook Snaps up Coinbase Compliance Pros
15.5.2019
Facebook appears to have poached two of cryptocurrency exchange Coinbase’s most experienced compliance experts as the social media giant reportedly gears up for a token launch.
Mikheil Moucharrafie, who spent four years working on compliance issues at Coinbase last month posted on his LinkedIn...
Crypto Industry vs G20: a Fight Against 'Draconian' KYC Procedures
14.5.2019
The cryptocurrency industry is not happy with the possibility of G20, the group of 19 large countries and the European Union, imposing stricter know-your-customer (KYC) procedures on cryptocurrency exchanges and related businesses. Calling it “more draconian than the BitLicense [New York’s...