Ethereum Classic Hacker Stole 54,200 ETC from Crypto Exchange Gate.io: Yashu Gola
Cryptocurrency exchange Gate.io confirmed that it had lost about $220,000 worth of Ethereum Classic coins – about 40,000 ETC – during the ongoing manipulation of the project’s blockchain network. The exchange confirmed Tuesday that the Ethereum Classic blockc…
AT&T Crypto SIM Hijacking Victims Fight Back to Heap Pressure on Telecom Giants: Mark Emem
After losing cryptocurrencies worth millions of dollars to SIM hijackers, a tech entrepreneur and other victims have launched an initiative aimed at raising awareness and pushing telcos into protecting subscribers, Motherboard reports. According to Robert Ros…
Border Security Talks Breakdown as Trump Tweets Why He Walked Out: Tedra DeSue
President Donald Trump left Congressional leaders Chuck Schumer and Nancy Pelosi at what was supposed to be the negotiating table Wednesday after a meeting over border security quickly headed south. Simply, the president said the talks, specifically with Demo…
Ethereum Classic 51% Attack: Blockchain Security Researchers Reveal Full Implications: P. H. Madore
A blockchain security research firm called Slowmist has released a full report on the attack that recently took place against Ethereum Classic. The report indicates that several exchanges are the victims of a concerted 51% attack. Notably, the researchers rep…
Why Big Crypto Firms Like ShapeShift & ConsenSys Laid Off Many Employees: Joseph Young
This week, a major crypto exchange ShapeShift was forced to lay off 30 percent of the company’s workforce, letting go 37 employees. In a letter to the company and to the users on the platform, ShapeShift founder and CEO Erik Voorhees said that the crypto wint…
As Dow Jones Rallies, Trading Bots Tell Investors to Short Everything: Samantha Chang
The Dow Jones Industrial Average is rebounding, but computer trading bots are alerting investors to short everything. Trading Bots Suspicious of Dow Winning Streak According to quantitative investment firm AlphaSimplex, algorithmic trading bots suggest shorti…
Tron Price Rises 53% in Five Days – Is This TRX Run Sustainable?: Yashu Gola
The Tron price (TRX) on Wednesday maintained its bullish momentum despite a watchful sentiment across other cryptocurrencies. The TRX/USD rate today peaked towards 0.0306, up 53% for the week after posting five consecutive daily buying sessions. On a 24-hour …
Toyota Shares Looking Bearish after 1.7 Million Vehicle Recall: Melanie Kramer
Toyota has revealed it will recall another 1.7 million vehicles worldwide over airbag faults. The auto industry stalwart’s share price could be hit in the next session of trading. 23 Deaths Caused Worldwide by Takata Air Bag Inflators The latest recall is act…
Dash Cryptocurrency: Single Wallet Owner Possesses 51% of Hashrate: P. H. Madore
The NicheHash crypto mining marketplace contains the majority of the hashpower on the Dash network. A concerned Reddit user raised the alarm today. Single Miner Mining More Than 50% of All Dash Blocks Dash has a total of almost 1,900 Terrhashes per second at …
From Bitcoin to Brexit, Here’s What Investors Need to Watch for in 2019: Yashu Gola
Is it possible that the US Federal Reserve’s decision to tighten its balance sheet contributed to bitcoin and the wider cryptocurrency market losing steam in 2018? If so, what should crypto investors expect from the independently-run central bank in the futur…
Alt-Right Twitter Gab Spoke Too Soon: Square Account Now Deactivated: Mark Emem
The declaration by free speech social network Gab that the firm was still allowed on Square’s bitcoin-friendly Cash App after being banned on other platforms may have been premature. This emerged after the social media platform that is occasionally referred t…
Bitcoin Price Analysis: Why the Defense at $4,000 Will Not Hold: Yashu Gola
The break above $4,000 has not really changed the interim bias of the bitcoin market. The cryptocurrency on Wednesday remained largely unchanged on its 24-hour adjusted timeframe. The news of a possibly peaceful end to the ongoing US-China trade talks allowed…
Decentralized Crypto Networks ‘Must be Susceptible to 51% Attacks’: Litecoin Creator Charlie Lee: Jimmy Aki
Ethereum Classic (ETC), the smaller spinoff of Ethereum, is still reeling from the 51% attack that was carried out on its blockchain, resulting in the theft of more than $1 million in ETC tokens and an almost 10% erosion of the cryptocurrency’s value. Reactio…
US Close to Trade Deal With China, Possible Impact on Stock Market: Joseph Young
According to several reports, the U.S. and China are making progress on establishing a trade deal between the two major economies and analysts suggest that a potential trade agreement could have an immense impact on the stock market. Following up on China’s s…
Bitcoin: Crypto Hedge Fund Says ‘We’ll See More Lows Before We Head Higher’: P. H. Madore
Technical analysts believe the Bitcoin price is at a turning point. Using the GTI VERA Bands Indicator, a new Bloomberg article suggests that the flagship cryptocurrency could be “on the brink of a large move.” It could go either way, the indicator suggests. …
Apple Cuts iPhone Production, But CEO Tim Cook Cashes in: Melanie Kramer
An argument for decentralization and equality? Apple is cutting its production levels and will likely shift the Dow Jones Index and global stock markets again today. At the same time CEO Tim Cook is banking his biggest bonus ever. Apple Slashes iPhone Product…
How Much Will Jeff Bezos’ Divorce Cost the World’s Richest Man?: P. H. Madore
Jeff Bezos, world’s richest man and founder of Amazon, is getting a divorce from his wife Mackenzie Bezos. Jeff and Mackenzie Bezos were married for 25 years. Mackenzie Bezos could be worth more than $60 billion after the divorce. Jeff Bezos is getting a divo…
‘Almost Lost My Business’: Bitcoin Entrepreneurs Sound Off on Banking Struggles: Josiah Wilmoth
For the average entrepreneur, verifying that your financial institution hasn’t closed your startup’s bank accounts probably isn’t part of your daily routine. However, if you’re an entrepreneur that runs a bitcoin startup, checking up constantly on one’s banki…
Dow Rally Plows Ahead as China Trade Optimism Grows: Sam Bourgi
Stock indices including the Dow traded higher after Wednesday’s open and were on track for their fourth consecutive daily advance, as sentiment around U.S.-China trade negotiations improved following the conclusion of mid-level talks in Beijing. Recovery Cont…
Uncertainty Real, Federal Reserve Should be Patient: Atlanta Fed President: Melanie Kramer
The Atlanta Federal Reserve bank president says there is uncertainty despite strong economic data, causing a dilemma for the U.S Federal Reserve. It should be “patient,” says Raphael Bostic. Bostic is not on the Federal Reserve’s panel for interest rate setti…