Day: January 15, 2019

NZ Exchange Cryptopia Reports Hack With ‘Significant Losses’

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New Zealand digital assets exchange Cryptopia has suspended services after detecting a major hack that has reportedly “resulted in significant losses,” according to a tweet posted today, Jan. 15. The exchange revealed in the tweet that the hack occurred yesterday, Jan. 14. The platform had initially informed the public it was undergoing unscheduled maintenance, issuing several similarly laconic updates before today’s official disclosure of the breach. According to today’s tweet, the exchange has notified government agencies and authorities, including the New Zealand Police and High Tech Crimes Unit, who have…

Russia Will Not Buy $10 Billion Worth of Bitcoin, and Here’s Why

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Recent news that “Russia will buy $10 billion in Bitcoin and ditch the U.S. dollar” is backed by the publications such as The Telegraph, Bitcoinist, Daily Hodl and even The Fortune. However it seems that they all took the bait. Be it as it may, on January 6th, economist Vladislav Ginko, who works at the state-funded Russian Presidential Academy of National Economy and Public Administration, posted to Twitter that he believes Russia has no choice besides Bitcoin as a hedge against economic losses taken as a result of the US…

Russia Will Not Buy $10 Million Worth of Bitcoin, and Here’s Why

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Be it as it may, on January 6th, economist Vladislav Ginko, who works at the state-funded Russian Presidential Academy of National Economy and Public Administration, posted to Twitter that he believes Russia has no choice besides Bitcoin as a hedge against economic losses taken as a result of the US sanctions against Russia. Australian crypto news website micky.com claimed to have spoken with Ginko who allegedly said: “US sanctions may be mitigated only through Bitcoin use. I believe that the Russian government will start diversifying its reserves with Bitcoin in…

Russia Will Not Buy $10 Million Worth of Bitcoin, and Here’s Why

boss

Recent news that “Russia will buy $10 billion in Bitcoin and ditch the U.S. dollar” is backed by the publications such as The Telegraph, Bitcoinist, Daily Hodl and even The Fortune. However it seems that they all took the bait. Be it as it may, on January 6th, economist Vladislav Ginko, who works at the state-funded Russian Presidential Academy of National Economy and Public Administration, posted to Twitter that he believes Russia has no choice besides Bitcoin as a hedge against economic losses taken as a result of the US…

Major Blockchain Investors Arrington XRP, NEO Global Back DEX-Focused Startup

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Decentralized exchange (DEX) aggregator Totle has closed a fresh funding round led by major blockchain investors, according to a blog post from the firm Jan. 14. Arrington XRP, a crypto-focused hedge fund created by TechCrunch founder Michael Arrington, alongside top blockchain investment funds NEO Global Capital (NGC) and Goren Holm Ventures, have reportedly jointly led the $1 million round. Headquartered in Detroit, Michigan, Totle focuses on building infrastructure to support the decentralized application (DApp) and DEX ecosystem — notably through the recent launch of its API. As the post outlines:…

This Price Resistance Level May Hold Key to Bitcoin Bull Market

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That bitcoin (BTC) may be closing on a long-term bottom is generally accepted by now. After all, the leading cryptocurrency by market value has dropped by close to 70 percent over the last 13 months. The challenge now is to pick up early signs of a long-term bearish-to-bullish trend change, which may be possible with the help of the 10-week simple moving average (SMA). Acting as resistance, that moving average proved a tough nut to crack in the eight weeks to Nov. 14 – the day BTC reentered the bear…

Earn Crypto Part 8: Hosting Images for Bitcoin

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In BTCManager’s series titled “Earn Crypto,” readers are being introduced to a wide range of platforms, applications, and ways that they can earn bitcoin and other digital currencies as a member of the cryptocurrency community. In this article, readers will be introduced to two platforms: Supload and File.Army. These two services enable users to earn cryptocurrency by sharing images online. Supload Supload is a digital image hosting platform that shares its profits with its uploaders. Users upload images, GIFs, and short videos to the platform and, in return, can receive a share of the platform’s…

Breaking News: Cryptopia Exchange Hacked

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Breaking News: Cryptopia Exchange Hacked January 15, 2019 by Paul de Havilland The Cryptopia exchange has been hacked. The exchange announced to users it had been hacked a day after it underwent unscheduled maintenance and almost two days after a suspicious ether withdrawal from the exchange worth around $2.5 million USD occurred. Also read: Ahead of Ethereum Constantinople Update, Community Eyes ProgPoW Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Bitsonline will keep you updated on this Breaking News story as events unfold. New Zealand-Based Exchange Latest Victim…

LedgerX Rolls Out New Index to Help Investors Track Bitcoin Price Swings

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Photo: LedgerX LedgerX, which is the cryptocurrency company standing behind the derivative markets for Bitcoin and regulated by the United States Commodity Futures Trading Commission, has announced its first index to track Bitcoin price changes. LedgerX Volatility Index The team standing behind LedgerX believes that crypto traders should have a real possibility to see and analyze Bitcoin’s volatility. That’s why they have taken a decision to ensure such an option for traders. Just recently the company has revealed its Bitcoin (BTC) price volatility index that is known as the LXVX (LedgerX Volatility…

Hong Kong Crypto Exchange BitMex Shutting Down Trading Accounts in the US and Quebec

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The Hong Kong-based bitcoin futures exchange BitMex, is pulling the plug on trading accounts in the US and in the Canadian province of Quebec amidst growing regulatory restrictions in North America. Although BitMex is one of the most active bitcoin trading platforms in the world with a current turnover of $928 billion, the trading platform is rightfully nervous on the impact of the tighter laws for exchanges on the continent. BitMex Ditching US Accounts Amidst Regulatory Crackdowns BitMex is currently in the process of shutting down US trading accounts and…