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Author Archives: admin

Bitcoin (BTC) Price Watch: Make or Break at Channel Resistance

Bitcoin Price Key Highlights Bitcoin price looks ready to resume the slide after hitting the resistance at the descending channel. This lines up with the Fib retracement levels, adding strength to the ceiling. Technical indicators also support a continuation of the downtrend. Bitcoin price climbed to the top of its descending channel where sellers were waiting to push it back ...

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World’s Sixth Largest Crypto Exchange by Trade Volume Bithumb Hacked

Hackers have stolen cryptocurrencies worth $30 million from South Korea’s leading virtual currency exchange Bithumb, Cointelegraph Japan reported June 19. As a result all deposits and payments have been temporarily suspended. *All deposit and withdrawal service will be stopped to make sure the security. We will keep notice you of the restart of the service. We apologize for your inconvenience ...

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ICO Market to Face a ‘Regulatory Reckoning’

CBOE Global Markets President Chris Concannon has claimed that the initial coin offering (ICO) market could soon face a two-fold regulatory “reckoning,” Business Insider reports June 19. According to Concannon, the reckoning will come in two waves. First, the U.S. Securities and Exchange Commission (SEC) will classify ICOs as unregistered securities and the holdings of investors would be “rendered valueless.” ...

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Crypto Exchange Bithumb Hacked, Thieves Steal $30 Million

South Korean cryptocurrency exchange Bithumb has suspended deposits and withdrawals after losing $30 million worth of cryptocurrencies as the result of an apparent hack. The Seoul-based company, once the world’s largest cryptocurrency exchange, on Wednesday announced that $30 million worth of undisclosed cryptocurrencies had been stolen from the platform. It is not clear at what time the theft occurred, but ...

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Breaking News: Bithumb Hacked For $30 Million In Cryptocurrencies, Market Drops

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 to a change in wallets with their exchange service. Although a change in ...

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Ubcoin Market To Open Offices in Singapore, Hong Kong, and South Korea

Ubcoin blockchain Ebay-like ecosystem for selling and buying real goods with cryptocurrency is expanding its presence in the Asian market By the end of 2018, the mobile payments app Ubank is planning to open offices in Singapore, Hong Kong, and Seoul to promote its global blockchain goods-to-crypto exchange platform Ubcoin Market in the region and to implement the market launch ...

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Blockchain ‘Is Immature and Has Major Challenges’

Carlos Torres, CEO of Spanish bank BBVA, said blockchain technology is “not mature” and faces major challenges, el Economista reported June 18. Torres expressed his concerns about blockchain’s current limitations at an event organized by the Spanish Association for Economic Journalism which focused on the prospects of the technology. According to Torres, the main challenges for blockchain are the “volatility ...

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Freedom of the Press Foundation Now Accepting Crypto Donations

Cryptocurrencies are already used to pay college and university tuition fees, buy Lamborghinis, and pay for space travel. Now you can also assist in protecting journalists and whistleblowers by donating to the Freedom of the Press Foundation (FPF) using bitcoin, ethereum, bitcoin cash, litecoin, and zcash. The donations will support current projects of the free speech nonprofit including SecureDrop, a ...

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The uncensored Bitcoin Core $BTCC coindesk interview

Here is the remaining interview that was not published by coindesk. – Who’s a part of the team? The team is a diverse collection of Bitcoin developers, contributors and enthusiasts. A federation of soverign individuals who are coming together to further the vision of a decenetralized trust network. – How did this idea come about? The idea for Bitcoin Core ...

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