Category: News
Bitmain Files A $5.5 Million Lawsuit Against A Hacker In A Seattle Court
Bitmain Technologies Limited has filed a lawsuit against a hacker calling himself ‘John Doe’ at the United States District Court Western District of Washington at Seattle. The plaintiff is alleging and complaining that the yet to be identified ‘John Doe’ gained access to Bitmain’s accounts and made away with $5.5 million worth of Digital Assets. The […]
Finance Professor: Cryptocurrencies May Be Overpriced
According to Professor Wang Chun Wei, a Ph. D finance lecturer at the University of Queensland in Australia, Cryptocurrencies are very likely to be overpriced. This means that the actual market capitalization should be much smaller than its current $220 billion value. The financial expert conducted a study that delved into the propensity of investors […]
Propy To Apply Blockchain Technology To Solve Homelessness Crisis In California
San Francisco and the entire Bay Area in California are known as hotspots of technology, innovation, and creativity that only a few cities in the world can even dream of. Nonetheless, homelessness in the second largest urban area of the West Coast has exacerbated in the last decade due to a myriad of issues such […]
TradeLens Blockchain Is Transforming In The Port Of Valencia
IBM has developed a cutting-edge Blockchain platform dubbed as TradeLens that is designed to be useful in international shipping. The network is meant to be used by The Spanish Port of Valencia. The project also brings on board the shipping giant Maersk as per the official announcement on a joint presser. The project is designed […]
BitMEX Releases A Hardfork Monitoring Tool Ahead Of The Bitcoin Cash Hardfork
As November 15 nears, a date set for the expected hardfork Bitcoin cash; researchers at BitMEX have launched a new BTC/BCH soft/hardfork monitoring tool. According to the official blog post, the website will be used to monitor hardforks and softforks network upgrades, and therefore help in detecting the unintentional consensus bugs. While the tool will […]
Analyst: Easing Of Bitcoin Mining Signals An End To The Bear Run
Bitcoin prices are drawing a lot of attention from Crypto Asset Market analysts. This is because of the fact that there have been prolonged bear runs in 2018 and the few bull runs have not been able to offset the losses that investors have suffered. There are a lot of parameters that analysts use to […]
Bitcoin Marks Its 10th Anniversary As The US SEC Postpones Bitcoin ETF Approval
Bitcoin is marking ten years since it was established. Although no one knows for sure who invented it, there is a widespread belief and reports that suggest that Satoshi Nakamoto was the brain behind Bitcoin Blockchain and Cryptocurrency based on his whitepaper. Meanwhile, almost coincidentally, the US Securities and Exchange Commission (SEC) has postponed its […]
A Global Body Has Been Established To Promote Standards Of Conduct In Crypto Industry
For any industry to thrive, there has to be a code of conduct that participants follow. This has been lacking in the Cryptocurrency industry and many critics have been referring to it as the wild west of the modern age. However, this is about to change following the establishment of the Global Digital Finance (GDF) […]
Coinbase Raises Another $300 Million For Expansion
Coinbase Cryptocurrency exchange has revealed that it has raised $300 million that will be used in its expansion program. The amount raised in series E equity funding has increased the brokerage service’s market valuation to $8 billion. The company has an ambitious plan to list more Cryptocurrencies and make the digital assets accessible to more […]
Former Google Executive Joins Ripple
Amir Sarhangi, the former head of rich communication services (RCS) at Google has joined Ripple Labs. According to the Crypto startup, the former executive at the giant tech company will now be the Vice President of Products at Ripple. Recently, the blockchain-based company has been involved in various developments that are expected to enhance its […]