Category Archives: Cryptocurrency News

Bitcoin barely bats an eye after $31 million cryptocurrency heist [Video]

I want to talk about Bitcoin again. Only yesterday, we were marveling at its rise to above $8,200. But last night, a $31 million heist of a related cryptocurrency, called Tether, spooked bitcoin investors and caused the price to sell off over 5% in minutes. Bitcoin has bounced back, but what does this say about […]

The Bolenum Project Announces Bolenum Cryptocurrency Exchange – The Merkle

Despite a few censorshipS and regulations, cryptocurrencies, led by innovations in the blockchain, have led to massive opportunity in eastern and western hemisphere. Cryptocurrencies utilizing blockchain technologies have represented a monumental shift from centralized monetary structure. With decentralization the blockchain provides cheaper transactions, faster transaction fees, and untamperable wealth stores. Featured primarily on the internet, […]

Bitcoin rebounds to all-time high, shrugs off cryptocurrency hack

Bitcoin prices recovered to reach a record high on Tuesday as investors in the space shrugged off news that another cryptocurrency was hacked. Bitcoin hit $8,362.30 earlier in the day, an all-time high. It traded 0.9 percent higher at $8,316.63 at 12:55 p.m. New York time, according to CoinDesk. But the widely followed cryptocurrency fell […]

ECB President Draghi: Cryptocurrency Impact Still ‘Limited’

The head of Europe’s central bank thinks cryptocurrencies are too low-impact to regulate. Speaking to the European Parliament on Monday, Mario Draghi said digital currencies are not a threat to the ECB’s control over the euro due to a lack of adoption within the 27-member economic bloc. As a result, cryptocurrencies’ impact on the economy […]

Bitcoin passed $8,000 as institutional money inches closer to cryptocurrency markets

Bitcoin’s seemingly unstoppable bull run continued as it passed $8,000 for the first time around 6pm UTC yesterday (Nov. 19). The price has been flirting with $8,000 for days, probably because several signs point to the long promised arrival of institutional money in the cryptocurrency markets. One indicator is the increasing popularity of bitcoin futures. […]

Morocco Regulators Warn of Penalties for Cryptocurrency Use

Morocco’s foreign exchange authority has stated that the use of cryptocurrencies within the country can lead to penalties. The Office des Changes says that transactions made using cryptocurrencies within Morocco constitute an “infringement of the exchange regulations” that are punishable by penalties set out in current rules, a translated press release said. The office also […]

Founders disappear with $375,000 and delete website

An ICO is the latest way for cryptocurrency start-ups to raise money by issuing their own digital tokens in exchange for a virtual currency like ether or bitcoin. Investors don’t get a stake in the company, but the tokens they receive can be traded or used on a service provided by the platform. ICOs have […]

An Alleged Hacker Stole $30 Million In Cryptocurrency

Cryptocurrency startup Tether announced late on Monday night that an “external attacker” stole more than $30 million USD worth of digital money from the company. Tether issues digital tokens backed by its own reserves of fiat money (one USDT token is equal to one dollar USD, for example) over a protocol called Omni that runs […]

NVIDIA’s Cryptocurrency Business: 3 Things Investors Should Know

NVIDIA (NASDAQ: NVDA)  turned in strong third-quarter 2018 results  on Nov. 9. The graphics-chip specialist’s revenue jumped 32%, GAAP  earnings per share soared 60%, and adjusted EPS surged 41%. Top and bottom lines both soundly beat Wall Street’s expectations. One of the best gems during the analyst conference call was the discussion of cryptocurrency, which […]

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