Tag: CryptoCoin

  • US Sanctions Loom Over Cryptocurrency

    by gulaiym

    With governments around the globe cracking down on all aspects of the cryptocurrency market, it seems like new regulatory risks arise every day. Add U.S. sanctions to that list. On Jan. 19, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the primary sanctions enforcer in the U.S., announced that any U.S. […]

    more
  • Ripple XRP Price Is Set After New Deals

    by gulaiym

    XRP Ripple has been tipped as the “dark horse of 2018” with its value set to soar if the firm signs more deals with major financial companies, despite being embroiled in a bitter court case and having to overcome progress in regulation laws. The cryptocurrency is the only one in the top-five to have had […]

    more
  • Charlie Lee Talks About Bitcoin And Litecoin

    by gulaiym

    Charlie Lee, the founder of Litecoin (LTC) and former Director of Engineering at Coinbase, has taken some bold steps recently in the crypto world. In December, Lee announced in a Reddit CHARLIE: Funny, I was just reading a Cointelegraph article [on the Coincheck exchange hack]. Did this just happen right now? CT: Yes, it happened this morning [Jan. 26]. […]

    more
  • Bitcoins Drop Cause Trouble For Altcoin Holders

    by gulaiym

    A glance at Coinmarketcap’s top fifty cryptocurrency asset prices Friday reveals even Ether (ETH) to have lost around 7% more than Bitcoin’s 15.5% daily minuses. Ripple shed 31%, Bitcoin Cash 20% and Cardano 37%, putting it just behind Ardor’s 39% as the top fifty’s biggest loser as of press time. The only asset to buck the trend […]

    more
  • Crypto Markets Down Almost 20% Caused By Pressure

    by gulaiym

    Jaitley also stated that the government does not recognize crypto as legal tender and would seek to freeze out crypto from the “payments network”. However, industry participants claim his words do not mark any real change in India's regulatory perspective. Others, such as BitTorrent creator Bram Cohen …

    more
  • KCS Reports Illegal Crypto Trade Of $600 Mln

    by gulaiym

    South Korean crypto markets have seen turmoil this past month after stricter regulations on crypto trading were introduced, including prohibiting the opening and use of anonymous trading accounts, a law which took effect Jan. 30, and a false report of a country-wide crypto ban. CT reported earlier today …

    more
  • $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.

    more
  • 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 …

    more
  • Coincheck Hack Could Be The Worst Hack Ever In Cryptocurrency

    by

    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 …

    more
  • SEC Commits To Bringing Closer Scrutiny To Crypto Community

    by

    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 […]

    more