Category: Cryptocoin

  • Google Search Can Predict Next Bitcoin Hit

    by gulaiym

    Nick Colas, co-founder of DataTrek Research, has published groundbreaking research on how Google Trends on how cryptocurrencies such as bitcoin and Ripple mirror price rises and falls. Speaking to CNBC, Mr Colas said that the number of Google searches on ‘bitcoin‘ mimicked the price trend of the cryptocurrency. He told the business network: “Bitcoin – because it has […]

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  • $530 Million Cryptocurrency Heist Might Be The Biggest Heist Ever

    by gulaiym

    The hacking at Coincheck, which bills itself on its website as “the leading bitcoin and cryptocurrency exchange in Asia,” came to light over the weekend. If confirmed, it's expected to rank as the biggest such theft on record, eclipsing the estimated $400 million in bitcoin stolen from Mt Gox in 2014.

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  • Ethereum Is Better Then Bitcoin And Ripple According To Cryptocurrency Rating Agency

    by gulaiym

    After gaining some recognition on Wall Street, cryptocurrencies have attracted the interest of asset rating agencies. Last week, Florida-based Weiss Ratings released a report that assigned grades to dozens of cryptocurrencies based on a number of metrics, like risk, technological innovation, and other …

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  • Coincheck Hack Could Be The Worst Hack Ever In Cryptocurrency

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    Gaurav Sharma , Contributor I cover commodities, mostly oil & gas, often debunking risk premiums. Opinions expressed by Forbes Contributors are their own. One of Asia's biggest digital currency exchanges – Coincheck – has admitted the loss of around $534m worth of cryptocurrency following an …

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  • Japanese Crypto Exchange Says They Lost $400 million

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    It's hard to tell," said Marc Ostwald, global strategist at ADM Investor Services International in London. "Japan is one of the most pro-crypto trading countries, among the G-20. In Japan they don't really want a wholesale clampdown. So it will be interesting how Japanese regulators respond to this, if they …

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  • SEC Commits To Bringing Closer Scrutiny To Crypto Community

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    Two U.S. financial regulators are increasing their agencies’ commitment to bringing closer scrutiny to the country’s cryptocurrency industry. In a Wall Street Journal op-ed published yesterday, both the Securities and Exchange Commission (SEC) ands the Commodity and Futures Trading Commission (CFTC) voiced that they are devoting a significant portion of resources to monitoring the industry. And along with […]

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  • Mogo Finance Technology Inc. Agreed To Lease Bitcoin Mining Machines

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    Mogo Finance Technology Inc. has reached an agreement with DMG Blockchain Solutions to lease 1,000 bitcoin mining machines. This will allow the Vancouver-based fintech company’s new subsidiary, Mogo Blockchain Technology Inc., to begin bitcoin mining later this quarter. “The biggest use cases and revenue-generating cases for blockchain are bitcoin mining, and buying and selling bitcoin. […]

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  • Blockchain And Cryptocurrency Might Have To Support Cloud Storage

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    Through blockchain, Roberto Galoppini sees an opportunity to kill two birds with one stone: His organization, FileZilla, can offer users free online data storage while also allowing them to earn valuable cryptocurrency. Galoppini, director of strategy for FileZilla, the popular, open-source FTP client, said his service is planning to shift direction this year by using a […]

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  • SEC Demands More Than A Name Change

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    Companies looking to ride the cryptocurrency wave are drawing a stern warning from the top U.S. securities regulator: You better do more than change your name. The Securities and Exchange Commission will be watching firms taking on new names and business models to make sure they’re not just trying lure investors eager to jump on […]

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  • How Would A Blockchain Token From Facebook Look Like

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    Mark Zuckerberg, worth $71 billion at just 33, has done rather well by Facebook’s centrally managed system. Over the past decade and a half, the social media behemoth’s closed-source algorithm has quietly manipulated its millions of users’ news feeds to capture maximum ad dollars and steer them all to Zuck and his shareholders. So, why is he […]

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