Tag Archives: hit

CryptoKitties Sales Hit $12 Million, Could be Ethereum’s Killer App After All

CryptoKitties, the Ethereum-based digital kitten collectibles game, has processed more than $12 million in sales on its decentralized marketplace. Essentially, CryptoKitties is a Tamagotchi-like game developed as a decentralized application (dapp) launched on top of the Ethereum protocol. Each digital kitten represents a unique crypto asset and the ownership of it cannot be altered, as […]

Ethereum breaks the $400 barrier to hit an all-time high

Bitcoin is not the only cryptocurrency experiencing a healthy increase in price these days: Ethereum has suddenly surged past the $400 mark to hit an all-time high price value. After months of fluctuating at around $320, the second biggest cryptocurrency by market share managed to surpass the $400 threshold to set a record high price […]

Bitcoin to hit $11,500 by mid-2018, Tom Lee says

Bloomberg TV Tom Lee of Fundstrat has nearly doubled his forecast for bitcoin, calling for the cryptocurrency to hit $11,500 by mid-2018. Lee says that a recent dip in bitcoin’s price wiped out weak, low-conviction holdings, clearing the path for further gains. Well that sure escalated quickly. Tom Lee, the managing partner and head of […]

Tezos organizers hit with second lawsuit over cryptocurrency fundraiser

Thomson Reuters A lawsuit alleges that a cryptocurrency initiative that raised $232 million misled participants The cyrpto project, called Tezos, raised money from people who believed they were investors. But the funds were raised as non-refundable donations. A second lawsuit was filed this week against the organizers of cybercurrency technology project Tezos, an initiative that raised […]

Tezos organizers hit with second lawsuit over cryptocurrency fundraiser

(Reuters) – A second lawsuit was filed this week against the organizers of cybercurrency technology project Tezos, an initiative that raised $232 million to issue a cryptocurrency that does not exist and fund development of a transaction system that has no clear end date. Tezos co-founder and CTO Arthur Breitman and his wife and co-founder […]

Why Cannabis and Cryptocurrency Have Yet to Hit It Off

Late this summer, a former Miss Iowa and rapper The Game did what models and hip-hop stars apparently do these days: They launched a new cryptocurrency they hope will one day be used to buy and sell all things cannabis. On Sept. 15, the founders of ParagonCoin—Jessica Versteeg, who was Miss Iowa in 2014, and […]

Ethereum Wallet Parity Hit by Second Critical Vulnerability – $150+ Million Frozen

Security Makers of the Parity multi-sig Ethereum wallet have announced a critical vulnerability that has led to millions of dollars of funds being frozen. It is the second flaw to be discovered following the original Parity breach in July that led to $30 million of ether being stolen. Also read: Ethereum’s Parity […]

British cryptocurrency Electroneum hit by cyber attack after raising £30m

A UK cryptocurrency startup that raised $40m (£30m) has been hit by a cyber attack that has shut investors out of their accounts for several days. Electroneum, which offers a digital currency that can be mined using smartphones, was due to launch its website and mobile app last Thursday, having crowdfunded millions of dollars in bitcoin and […]

Bitcoin price smashes through $6,300 to hit another record high

It’s been an eventful year for cryptocurrencies in general, with bitcoin garnering the most attention from commentators and regulators across the world. JPMorgan Chase CEO Jamie Dimon called bitcoin a “fraud”, while billionaire Peter Thiel said people are “underestimating” the cryptocurrency, saying it has “great potential.” Meanwhile, China banned cryptocurrency exchanges in September, while other […]

Bitcoin Just Hit a New Record High; Crypto-Employment Is Also Up

Bitcoin just capped off another record-setting weekend, as prices reached the $6,300 plateau for the first time ever. There was no apparent reason for the latest surge, except that appetite for cryptocurrency remains elevated. // — Discuss and ask questions in our community on Workplace. Don’t have an account? Send Jonas Borchgrevink an email — […]

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