Search Results for: crypto hack
The Path to $10,000 Bitcoin
January 16th, 2017
So let’s imagine a scenario in which tens of trillions of at-risk wealth suddenly seek an alternative–any alternative to staying in an asset class that’s circling the drain. As my colleague Davefairtex observed recently, the paint isn’t quite dry ...
Former Bitcoin Exchange Operator Pleads Guilty to Bank Fraud
January 11th, 2017
Former Bitcoin exchange operator Anthony Murgio has been involved in a criminal investigation for quite some time now. Earlier this week, Murgio pleaded guilty to charges of conspiring to operate an illegal Bitcoin exchange. This cryptocurrency platform in question is ...
Bitcoin hits a record high, but can it rival gold as a safe haven?
January 5th, 2017
With economic and geopolitical risks on the rise, bitcoin boosters are championing the ability of their crypto-currency, which hit an all-time high this week, to rival gold as a safe-haven play. “When the existing money system has problems, people ...
Gold and Bitcoin jumps after Trump win; investors seek safe assets
November 10th, 2016
Digital currency joins gold surge as bitcoin price climbs nearly 4% after Trump win Trump’s shock election wins sent shock-waves across the world’s financial markets. As uncertainty reigned supreme, investors turned away from equities and towards bitcoin. Joining the ...
Venezuelans are turning to bitcoin as the bolívar crumbles
November 4th, 2016
Venezuela’s currency has lost so much of its value that people have given up on counting the notes—they just weigh piles of cash. So far this year, the bolívar has lost nearly half its value compared to the dollar, while ...
The price of bitcoin has risen by 19% in October
November 1st, 2016
In a year of monster hackers, the rise of new cryptocurrencies, and its own unresolved “civil war” over how to enlarge its transaction capacity, bitcoin has not only survived, but thrived. The price of bitcoin has risen by 19% ...
Over 8 million Bitcoin wallets left inaccessible as Blockchain.info hit with DNS hijack
October 14th, 2016
Blockchain.info, one of the most popular online Bitcoin wallet services in the world, was forced to take its service offline this week (12 October) after suffering a DNS hijack that left its 8 million-strong userbase vulnerable to cyberattack. The ...
Coinpit Takes First Steps Toward Trustless Bitcoin Futures Exchange
September 15th, 2016
Coinpit is taking significant and innovative steps to offer a safer alternative to Bitcoin’s custodial futures exchanges. Thanks to Bitcoin’s multi-signature technology, users that store bitcoins on Coinpit remain in complete control of their funds. Even if the exchange is ...
Inexperienced Chinese investors are getting stung by fintech scams
September 8th, 2016
China is witnessing a fintech boom. Companies providing electronic payments, cryptocurrency trading and other online financial services there are not only mushrooming, they are among the biggest and most highly rated in the world. The Fintech 100, a ranking ...
Cyber threat grows for bitcoin exchanges
August 29th, 2016
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cyber theft — the second largest by an exchange since hackers took ...
