-Bitcoin news, price, information & analysis
Bithumb, one of the largest exchanges in Asia, just broke the news that it has been hacked, with the hackers reportedly stealing over $30 million worth of cryptocurrencies. Bithumb Wallet Change Backfires At 12:49 UTC on June 19th, Bithumb announced that they would be temporarily suspending deposits due...
The Financial Times has reported that profits for cryptocurrency hedge funds have taken a sharp decline, in direct correlation with the negative price action seen with the overall cryptocurrency market. Cryptocurrency Hedge Funds Down 35% In 2018 Hedge Fund Research, a reputable hedge fund analysis firm, has found...
Despite the market downtrend, Binance’s team has forged ahead to ensure that its consumers are having a great experience using the exchange. Binance Supports Three EOS AirDrops Airdrops have historically been a touchy subject for cryptocurrency exchanges, as claiming airdrop tokens can often require exchanges to give up...
The EOS mainnet had to take a quick breather yesterday, with an unexpected bug causing its blockchain to come to a full stop. Quick And Effective Response EOS New York stated that the blockchain paused at 9:56 UTC, which immediately triggered a knee-jerk response from all active EOS...
Ted Rogers, president of the cryptocurrency giant, Xapo, believes that Bitcoin will become a global reserve asset, similar to the role the U.S. dollar plays today. Ted Rogers, Unexpected Bitcoin Bull? The recent bearish trends in the cryptocurrency market have not fazed Xapo’s president one bit, as he...
George Friedman, a respected geopolitical forecaster, believes that blockchain technology will become ‘obsolete’ over time. Can Blockchain Encryption Be Broken Through Quantum Computing? George Friedman’s negative attitude shown towards blockchain technology has proven to be rather unpopular. Most critics of Bitcoin and other cryptocurrencies have yet to turn...
Robinhood is by no means an ‘elder’ in the cryptocurrency industry, only opening up its cryptocurrency division in early January. Despite this, Robinhood’s co-CEO, Baiju Bhatt, believes that the cryptocurrency market has a strong future ahead of itself. “Bitcoin Just Keeps on Coming Back” During an interview with...
Coinbase has just announced that they will be finally launching their index fund, which will be composed of all crypto assets on Coinbase’s exchange services. Coinbase Index Fund Is A Go Back in March, the Coinbase Asset Management (Coinbase AM) team announced that the creation of the Coinbase...
Wells Fargo has announced that it will begin to block all cryptocurrency purchases on credit cards under the Wells Fargo name. Wells Fargo Imposes Credit Card Restrictions Despite the ban, Wells Fargo has implied that the ban may only be temporary. To clear up the waters regarding this issue,...
Amidst the brutal market conditions, a Reddit user, BeanThe5th, has somehow managed to get in more trouble than the market is currently in, reportedly losing two Bitcoin in a hack. Reddit User Loses Two Bitcoin In Binance Hack Yesterday, BeanThe5th made a thread in the popular /r/cryptocurrency subreddit, regarding...
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