Day: April 11, 2019

Bitcoin Exchange Bithumb’s Problems Pile Up with $180 Million Loss in 2018

boss

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Bithumb, which was hacked last month and later asked users to be careful about deposits, has reported a $180 million (205 billion Korean won) loss. The exchange suffers from reduced…

Bitcoin Exchange Bithumb’s Problems Pile Up with $180 Million Loss in 2018

boss

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Bithumb, which was hacked last month and later asked users to be careful about deposits, has reported a $180 million (205 billion Korean won) loss. The exchange suffers from reduced…

Bithumb Announces External Audit Results in Wake of $13 Million Hack

boss

South Korean cryptocurrency exchange Bithumb has conducted a professional external audit of its funds after a major hack last month, the company confirmed in a statement on April 11. Bithumb, South Korea’s largest exchange, lost around 14 billion won ($13 million) two weeks ago in an event executives believe was masterminded by an insider. Now, Bithumb has used a third party to assess its reserves, repeating its previous assurances that customer funds remained safe in cold storage wallets. The 14 billion of hacked EOS (EOS) tokens, a previous statement said,…

Crypto Markets See Red, European Stocks Teeter in Wake of Brexit Deadline Extension

boss

Thursday, April 11 — after a bullish week, all of the top twenty cryptocurrencies are reporting slight to moderate losses on the day by press time, as Bitcoin (BTC) corrects down close to the $5,100 mark. Market visualization courtesy of Coin360 Bitcoin is down close to 2.8% on the day, and is trading at around $5,106 by press time, according to CoinMarketCap. The top coin has seen a week of near-consistent growth, hitting an multi-month price high of over $5,420 yesterday, April 10. Today’s correction has brought Bitcoin’s weekly gains…

Bitcoin Price Abruptly Drops 4%, 12 Hours after Fresh 2019 High at $5,450

boss

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. On April 10, the bitcoin price achieved a new 2019 high at $5,450 in major markets including the U.S., accompanied by an increase in demand for bitcoin from accredited investors.…

Coinbase Unveils Crypto Visa Debit Card For UK and EU Customers

boss

Cryptocurrency exchange major Coinbase launched Coinbase Card, a Visa debit card that lets customers spend their crypto balances direct from their Coinbase account. The Coinbase Card is currently available only in the UK, but the exchange plans to support other European countries in the coming months. In a blog post, Coinbase said it is the first debit card to link directly with a major cryptocurrency exchange in the UK and EU. The card is issued by Paysafe Financial Services Limited, which is authorized by the Financial Conduct Authority. As an…

‘In Crypto We Trust,’ Says Circle’s Jeremy Allaire at IMF Spring Meeting

boss

Cryptocurrencies became so significant for today’s financial world, that the Chief of International Monetary Fund (IMF) herself sets a discussion called “Money and Payments in the Digital Age”, which gathered representatives from central banks and tech startups. Christine Lagarde stated that financial technologies such as cryptocurrencies were “shaking the banking system.” She said: “I think the role of the disruptors and anything that is using distributed ledger technology, whether you call it crypto, assets, currencies, or whatever … that is clearly shaking the system. We don’t want innovation that would…

Key Takeaways from JPMorgan vs Circle Face-Off

boss

Cryptocurrencies became so significant for today’s financial world, that the Chief of International Monetary Fund (IMF) herself sets a discussion called “Money and Payments in the Digital Age”, which gathered representatives from central banks and tech startups. Christine Lagarde stated that financial technologies such as cryptocurrencies were “shaking the banking system.” She said: “I think the role of the disruptors and anything that is using distributed ledger technology, whether you call it crypto, assets, currencies, or whatever … that is clearly shaking the system. We don’t want innovation that would…

Simple Bitcoin Widget Gives You Crypto Prices on the Go

boss

Traders and enthusiasts who wish to stay informed about cryptocurrency price movements need easy to use software that can do the job. Simple Bitcoin Widget is an open source application that pulls market data for popular coins from major trading platforms to update you on the go. Also read: How to Easily Find Businesses That Accept Bitcoin Cash Near You Free Widget Tracks Popular Cryptocurrencies Simple Bitcoin Widget, developed for Android devices, has over 100,000 installs from the Google Play store. It is not a full application, which means it…

US Department of Energy Progresses With Blockchain Power Plant Security Research

boss

A blockchain project sponsored by the United States government aiming to bolster power plant security has entered its second phase, participants confirmed in a press release on April 10. The project, principally a partnership between the U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) and Colorado-based security firm Taekion, aims to reduce the ability of cybercriminals to compromise aspects of the energy supply chain. The effort, which is worth $1 million, utilizes blockchain to shore up security and prevent remote attacks such as those which afflicted Ukraine’s grid…