Day: May 21, 2019

Central Bank of Laos Issues Warning Against Using Cryptocurrency

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The central bank of Laos has warned the public against the use, purchase or sale of digital currencies, local news outlet Vientiane Times reported on May 21. The Bank of the Lao PDR has issued a warning to financial market participants and the public against cryptocurrency transactions as they are considered illegal in the country. The bank previously banned financial institutions from conducting any operations with cryptocurrencies, as well as making investments in such an asset. The bank is purportedly concerned about the anonymity of the sender and receiver in…

Hackers Brazenly Move $375,000 of Cryptopia’s Stolen Ether

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By CCN: Whale Alert, an account which automatically and manually notes large crypto transfers for Twitter followers, stated this morning that slightly more than $250,000 of stolen Cryptopia ether moved today. $250k Parked, $125k Moved to EtherDelta 1,000 ether moved to 0x7d90b19c1022396b525c64ba70a293c3142979b7, an address which holds no other tokens. Roughly the same amount of ether previously left the wallet. The Cryptopia hacker seems unable to decide what to do with them. ⚠ ⚠ ⚠ 500 #ETH 126,218 USD) of stolen funds transferred from Cryptopia Hack to EtherDeltahttps://t.co/gM3VlOZ9EM — Whale Alert…

Watch Out! $375,000 of Cryptopia’s Stolen Ether on the Move

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By CCN: Whale Alert, an account which automatically and manually notes large crypto transfers for Twitter followers, stated this morning that slightly more than $250,000 of stolen Cryptopia ether moved today. $250k Parked, $125k Moved to EtherDelta 1,000 ether moved to 0x7d90b19c1022396b525c64ba70a293c3142979b7, an address which holds no other tokens. Roughly the same amount of ether previously left the wallet. The Cryptopia hacker seems unable to decide what to do with them. ⚠ ⚠ ⚠ 500 #ETH 126,218 USD) of stolen funds transferred from Cryptopia Hack to EtherDeltahttps://t.co/gM3VlOZ9EM — Whale Alert…

Watch Out! $375,000 of Cryptopia’s Stolen Ether on the Move

boss

By CCN: Whale Alert, an account which automatically and manually notes large crypto transfers for Twitter followers, stated this morning that slightly more than $250,000 of stolen Cryptopia ether moved today. $250k Parked, $125k Moved to EtherDelta 1,000 ether moved to 0x7d90b19c1022396b525c64ba70a293c3142979b7, an address which holds no other tokens. Roughly the same amount of ether previously left the wallet. The Cryptopia hacker seems unable to decide what to do with them. ⚠ ⚠ ⚠ 500 #ETH 126,218 USD) of stolen funds transferred from Cryptopia Hack to EtherDeltahttps://t.co/gM3VlOZ9EM — Whale Alert…

Firefox Quantum Offers Anti-Cryptojacking Feature

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Firefox Quantum, the latest version of open-source internet browser Firefox, has a new privacy toggle that protects against cryptojacking, according to a blog post by Mozilla on May 21. Mozilla previously warned official blog post that websites can deploy scripts that launch a crypto miner on a user’s machine without them being aware — a practice known as cryptojacking. To combat these exploitative practices, Mozilla partnered with online privacy company Disconnect to create a crypto mining blocker for their browser. Users can now toggle an opt-in feature, that purportedly blocks…

Bitcoin Derivatives Exchanges Register Record Trading Volumes

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Cryptocurrency research firm Diar has indicated that institutional traders recently registered record high volumes on bitcoin (BTC) derivatives exchanges in a report published on May 21. Per the report, bitcoin derivatives trading on the Chicago Mercantile Exchange (CME) hit an all-time-high for two months in a row. Bitcoin derivatives trading volume on CME. Source: Diar Cryptocurrency exchange BitMEX is reportedly also seeing much of the same trading volumes because of recent volatility in the digital assets market, while Dutch bitcoin futures and options exchange Deribit has seen a more institution-based…

Bitfinex and Tether Move for Case Dismissal Over Lack of Jurisdiction

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Bitfinex and Tether lawyers are moving to dismiss their ongoing case versus the New York Attorney General (NYAG), according to court filings on May 21. Law firms representing the two companies argue that the New York Supreme Court (NYSC) does not have jurisdiction over the alleged misconduct being considered. The lawyers argue that the NYSC has neither personal nor subject matter jurisdiction and that the NYSC cannot be appealed to, because Bitfinex and Tether are neither operated out of New York nor harmed investors in that state. As per the…

Bitcoin (BTC) Bulls Abound As Halving Countdown Hits One Year

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At long last, the Bitcoin (BTC) block reward reduction is a mere one year away, according to recent calculations anyway. And Litecoin’s issuance shift, which many call a “halving” or “halvening”, in 70 days away. With this news, coupled with BTC’s recent move to $8,000 and an array of positive news, analysts have begun to express some decidedly bullish sentiment. Bitcoin Halving One Year Away As recently noted by anyone and everyone on Twitter, Bitcoin’s third halving is in approximately 365 days. This, for those unaware, means that the number…

BlockFi Crypto Management Firm Adjusts Interest Rates

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Cryptocurrency asset management company BlockFi announced a change to its interest rates in a monthly update on May 21. Accounts with bitcoin (BTC) balances over 25 BTC will receive a .15% increase in interest rate, and those with ether (ETH) balances between 25 and 75 ETH will decrease from 6.2% to 3.25%. According to BlockFi, the lending environment for bitcoin has flourished while for ether it has floundered. Ether in particular is being offered at a 0.01% borrowing rate on major crypto exchange Poloniex and crypto lending firm Compound, and…

Chinese E-Commerce Giant JD.com Has Applied for Over 200 Blockchain Patents

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Chinese e-commerce giant JD.com has applied for over 200 blockchain patents, according to a report by Securities Daily News on May 20. The report also notes that major e-commerce competitor Alibaba has applied for 262 blockchain patents, and Chinese internet titans Tencent and Baidu have applied for 80 and 50 such patents, respectively, as recorded by the Intellectual Property Center of China Information and Communication. According to interpretation of the data provided by Intellectual Property Center of China Information and Communication, JD.com was in first place for “global blockchain patent…