Tag: Cryptocurrency
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$270,000: Brazil’s Largest Bitcoin Exchange Foxbit Down for 72 Hours, 30 BTC missing
byFoxbit, Brazil’s largest cryptocurrency exchange, has been down for over 72 hours, reportedly because of a bug that allowed its users to withdraw their bitcoin balances twice. The problem saw the company lose a total of 30 Bitcoins, at press time worth roughly $270,000. Through a livestream on YouTube, the company’s CEO João Canhada and […]
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Scandinavian Crypto-Exchange on the Verge of Collapse After It Fails to Find Banking Partners
byOne of Finland’s largest cryptocurrency exchanges, Prasos Oy, is being faced with a real threat of closure after several banks refuse to do further business with the company. As things currently stand, many North European exchanges are facing similar issues due to a lack of regulations surrounding digital assets. Prasos Oy, in particular, is just […]
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How Blockchain can ‘revolutionise’ the world
byProponents of blockchain technology say that it is set to revolutionise the world with wide-reaching applications in finance, academia, and international trade. Blockchain – known as distributed shared ledgers – is a technology that records and verifies transactions based on cryptography. “Blockchain technology is not only be connected with money, is more about economy’s structure,” […]
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Centralized Cryptocurrency Exchanges, Explained
by1.What is a Centralized Cryptocurrency Exchange? It is an online platform and most common way to trade cryptocurrencies. This includes buying/selling cryptocurrencies with fiat (fiat/crypto paring) as well as buying/selling cryptocurrencies with other cryptocurrencies (crypto/crypto pairing). They can be viewed as an online marketplace for the entire cryptocurrency network. 2.What does it mean for an exchange to […]
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Telecom Egypt Covertly Redirecting Internet Users To Crypto Mining Sites, Report Says
byDevices found at Telecom Egypt demarcation points have been found to be surreptitiously redirecting Egyptian Internet users to advertisements and cryptocurrency mining sites, according to a report published by Citizen Lab at the University of Toronto Friday, March 9. The technology research lab’s report explains that the scheme, referred to as Adhose, operates via middleboxes, […]
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What you need to know about blockchain and cryptocurrency in the US and China
byBOSTON, March 9, 2018 /PRNewswire/ — In 2018, China’s official media organ People’s Daily published a full-page report entitled “Leveraging Blockchain to Become a Leader in the Digital Economy”, again emphasizing that blockchain ushers in a new era as the catalyst of a next-generation technology revolution. In the capital market, prices of blockchain concept stocks have fluctuated wildly. The […]
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Crypto Exchange Coinbase Launches Four-Coin Index Fund, Only For Accredited Investors
byCrypto exchange and wallet Coinbase has announced the creation of both the Coinbase Index Fund and Coinbase Index in a Medium post yesterday, March 6. The Coinbase Index Fund, whose “basket of digital assets” includes all of the Coinbase exchange GDAX’s four coins — Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) — is open to all US-resident accredited investors–defined by those having a net worth of more than $1 mln or […]
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Bitcoin Is cryptocurrency a safe investment?
byCollege students can feel the burning holes in their pockets throughout their time at a university. Sometimes it can seem like there are no means to accrue spending money, as what is earned quickly goes out the window to pay tuition, bills and living expenses. However, one avenue that has quickly gained popularity over the […]
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Son of Wu-Tang Clan Rapper is Launching ‘Dirty Coin’ Cryptocurrency
byDirty Money for a Growing Digital Economy? The son of late rap artist Ol’ Dirty Bastard, Bar-Son James aka Young Dirty, is launching his own cryptocurrency called Dirty Coin (tix: ODB). Partnering with the entity of Ol’ Dirty and Link Media Partners, the token will be on the TAO blockchain network and traded on the […]
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Headline: $300 Million Investments Put Into Crypto Energy
byInvestors in the cryptocurrency worlds have poured a total of $300 million since the third quarter start into the applications and the programs which let people purchase and sell energy using cryptocurrencies. This is according to the GTM research. Half of this amount was raised and received in January. Currently, there are around 122 organizations […]
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