Search Results for: cryptocurrency market
Bitcoin falls below $6,000 but crypto trader says it’s ‘not dead’
June 25th, 2018
Bitcoin fell below $6,000 on Friday, but bitcoin bull Brian Kelly told CNBC that the popular cryptocurrency is “not dead.” “This is not the funeral for bitcoin whatsoever,” Brian Kelly, founder and CEO of BKCM LLC, an investment firm ...
Cryptocurrencies fall as Korean Exchange says $32 Million of coins stolen
June 20th, 2018
Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was the victim of a theft, renewing concerns about the safety of digital-asset trading venues. Bithumb, ranked by Coinmarketcap.com as the world’s seventh-largest crypto exchange ...
Hotmail founder: cryptocurrencies are fraudulent
June 11th, 2018
The founder of Hotmail, Sabeer Bhatia, has issued a stark warning for cryptocurrency investors. Speaking to Arabian Business, the 49-year-old from Chandigarh in north-west India, who founded and then sold dotcom success story Hotmail in the late 1990s, said ...
At least five cryptocurrencies have recently been hit with an attack
June 8th, 2018
Monacoin, bitcoin gold, zencash, verge and now, litecoin cash. At least five cryptocurrencies have recently been hit with an attack that used to be more theoretical than actual, all in the last month. In each case, attackers have been ...
Australian tourist town has declared itself the first “digital currency town”
June 7th, 2018
Agnes Water, a tourist town located in central Queensland, Austrailia has become one of the first locations to accept digital currency. In a collaboration with TravelByBit (a start-up company native to Queensland) one town hopes to increase the flow ...
SEC USA released a Public Statement by Chairman Jay Clayton on fraudulent Crypto ICOs
May 23rd, 2018
The U.S. Securities and Exchange Commission has released a Public Statement by Chairman Jay Clayton in relation to the North American Securities Administrators Association (NASAA) announcement of enforcement sweep targeting fraudulent ICOs and Crypto-asset investment products. According the Public ...
‘HoweyCoin’: SEC trolls Crypto fraudsters with fake ICO campaign
May 17th, 2018
‘In a landmark embrace of technological innovation, the US Securities and Exchange Commission (SEC) has announced that it will issue its own cryptocurrency – HoweyCoin – through an initial coin offering (ICO). Okay, that’s not actually true, but the ...
Deloitte veterans are launching a tokenized blockchain for supply chain
May 15th, 2018
Former members of Deloitte’s blockchain team are joining a new startup that seeks to bring a tokenized blockchain protocol to one of the world’s most inefficient markets. Announced Monday, a startup called Citizens Reserve is coming out of stealth, ...
Goldman Sachs plans to trade bitcoin futures contracts
May 4th, 2018
Goldman Sachs, one of the most well-known investment banking and financial services providers in the world, announced plans to trade bitcoin futures contracts – a Wall Street first. Goldman’s competitors like JP Morgan have so far shunned the risks ...
Warren Buffett explains one thing people still don’t understand about bitcoin
May 3rd, 2018
When it comes to bitcoin, billionaire investor Warren Buffett wants to make one thing clear: Unlike buying stocks, bonds or real estate, buying bitcoin is not an investment. That’s because it lacks intrinsic value, Buffett says. “If you buy ...
