Ripple CEO Brad Garlinghouse went on Bloomberg TV for an interview about the usefulness of his company’s technology and told the interviewer that “any digital asset in the long-term is going to be valued based upon the problems it’s
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Bitcoin Price Decline Will Persist until Mid-2019: Crypto Analyst Willy Woo
When the bitcoin price flatlined near $6,500 in mid-October, many crypto analysts predicted that the bears had finally become winded following a market downturn that has persisted for nearly a year and that the market could be primed for a December r
Claim: Crypto Exchange Lost $500,000 Due to AurumCoin 51% Attack
A little-known cryptocurrency called AurumCoin (AU) has claimed that it was hit by 51 percent attack, and crypto exchangeCryptopia, where the cryptocurrency is listed, lost 15,752.26 AU (approx. $550,000 at the time of writing this article). However,
Bitcoin Analysis: Falling Wedge Indicates Interim Breakout Scenario
Bitcoin on Tuesday extended its downward momentum, dropping 0.67-percent against the US Dollar. The BTC/USD trading pair opened the Asian trading session at 6288-fiat and attempted an upside correction to as high as 6309-fiat. The selling pressure ar
Exit Scam? Crypto Exchange Delists High-Profile Tokens
Between September and October, Liqui.io delisted 25 token pairs. A shrill Reddit user believes that signs point to an exit scam in progress. Liqui.io has been delisting alot of their coins lately. Including some of their top 10 volume coins like BAT.
Cryptocurrency Mining Farms In China Shut Down For ‘Strict’ Tax Inspections
Cryptocurrency mining operations in the Chinese provinces ofXinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks. Power to the mining farms was shut off on Nov
‘Nuclear Option’: ABC Dev Won’t Rule out Changing Bitcoin Cash PoW Algorithm
The Bitcoin Cash civil war is just days away from culminating in a contentious blockchain split, and the lead developer of the faction with the minority hashrate has advised that the development community should “get a patch ready” in cas
Bitcoin Mining Giant Bitmain Shuffles Board Ahead of IPO: Report
Bitmain, the world’s largest bitcoin mining firm, has reportedly undergone a major board reshuffle ahead of its initial public offering (IPO), which should set a record for the nascent cryptocurrency industry. Bitmain Sees Major Board Shakeup &
Sanctions Remove Iran from SWIFT, Will it Switch to Crypto as Planned?
This week, the U.S. officially removed Iran from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network, disallowing the Central Bank of the Islamic Republic of Iran from working with financial institutions worldwide. Iran co
Hackers Demand $6.3 Million in Bitcoin From Malaysian Media Giant
Ransomware creators have attacked Malaysian media giant Media Prima Bhd and are demanding bitcoins before they can allow access to the company’s compromised computer systems. According to The Edge Markets, which initially broke the news, the ha