Bitfinex has announced a new financial instrument on its platform in response to the upcoming hard fork of the Bitcoin Cash blockchain. Noting a sizable increase in short bets on BCH – traders apparently believing that the split will have a neg
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Bloodbath: Crypto Market Drops in $8B Wipeout; Bitcoin Cash Down 24.4% in 1 Week
Over the past 12 hours, more than $8 billion was wiped out from the crypto market, as several major digital assets including Bitcoin Cash (BCH) and Stellar (XLM) suffered. For the first time in the past ten days, the price of BCH has dropped below th
IMF Chief Lagarde: Central Banks Should ?Consider’ Issuing Digital Currency
The Managing Director and Chairperson of the International Monetary Fund (IMF), Christine Lagarde, has called on central banks around the world to consider issuing digital currencies. According to Lagarde, the state has a role to play in injecting mo
‘WebCobra’: McAfee Spots Russian Malware Mining Monero and Zcash
Researchers at computer security firm McAfee Labs discovered a lethal new cryptojacking malware called “WebCobra,” which steals victims’ computing power to mine the cryptocurrencies Monero or Zcash secretly. The spike in cryptocurre
Australia's Science Agency & Commonwealth Bank Trial Blockchain ?Smart Money'
A trial conducted by the Commonwealth Bank of Australia and the Data61 unit of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) has proven that blockchain-powered smart money possesses immense social and economic benefits for
$3 Billion Deleted From Crypto Market as Major Digital Assets Perform Poorly
Over the last 24 hours, the crypto market has seen a drop of $3 billion from $212 billion to $209 billion, as major cryptocurrencies including Stellar (XLM) and Cardano (ADA) have fallen by 3 to 6 percent. Peculiarly, Stellar and Cardano are amongst
Blockchain Wunderkinds Headline Forbes 30-Under-30 List
The blockchain and cryptocurrency ecosystem is well represented in this year’s Forbes 30-Under-30 list, with four young founders and CEOs aged between 25 and 28 featured for their work on crypto finance, blockchain scaling and crypto asset mana
Ethereum is a Few Years from ‘Profound Decentralization’ — But That’s OK: Co-Founder Joseph Lubin
Blockchain technology will power a monumental shift in society from a “scarcity to an abundance mindset.” These were the words of Ethereum co-founder Joseph Lubin speaking last week at the Web Summit in Lisbon, Portugal. Lubin’s Blo
No Coins for You! Michigan Bans Crypto Donations for Political Campaigns
Michigan’s campaign finance board has formally indicated that campaign donations made using cryptocurrency are not allowed in the state. In a November 8 letter addressed to Michigan state legislature candidate William Baker, who earlier made an
Twitter: Bitcoin Scammers Hack Retail Giant Target’s Verified Account
A number of high profile, verified Twitter accounts including retail giantTarget and The Body Shop were hacked in what appears to be a coordinated campaign to promote yet another iteration of the now-ubiquitous crypto giveaway scam. A series of tweet