Home » Tag Archives: Sees

Tag Archives: Sees

Cryptohomie Who Spent Almost $150,000 on Altcoins Sees 85% Loss

A crypto enthusiast who took out a six-figure loan to purchase cryptocurrencies has seen them lose almost 85% of their value. Investment Lost with NEO, Stellar, Litecoin, Ethereum, and Others On Monday, Reddit user “Cryptohomie,” a 32-year-old living in Abu Dhabi, UAE, posted a photo of his bank repayment schedule to the cryptocurrency subreddit, according to News.com.au. The photo shows a document from ...

Read More »

Turkish Lira’s Collapse Sees Media Highlight Bitcoin’s Relative Stability

Mainstream media seized on the unravelling currency crisis in Turkey Monday, August 13, with Bloomberg publicizing a demonstration of Bitcoin’s (BTC) comparatively low volatility. Leading with the headline “Turkey Meltdown Propels Lira Volatility Above Bitcoin,” Bloomberg became the latest publication to reveal the full extent of the Turkish national currency’s devaluation this year. “The 10-day swings in the lira relative ...

Read More »

Monero Wallet Bug Sees Altex Exchange Suffer Major Loss

Monero was found to be carrying a bug which allowed theft from digital currency exchanges, according to the researcher who found the security hazard. In order of severity, the bug was ranked nine out of a possible 10. Bug bounty hunter Jason Rhineland disclosed that the exploit may be currently underway. Bug Bounty Hunter Discovers Vulnerability in Monero Wallet Jason ...

Read More »

China Sees 454% Increase in Companies with ‘Blockchain’ in Name

Today’s $1,000 bitcoin price rally aside, the cryptocurrency market might be enduring a bear cycle triggered by vanishing consumer interest, but blockchain, it seems, is still big business — particularly in China. Citing government data sourced from Chinese-language outlet Qixin, the South China Morning Post reports that, from Jan. 1 to July 16, 3,078 China-based companies have filed to include ...

Read More »

Shark Tank’s Kevin O’Leary Sees Ethereum Will Beat Bitcoin and Gain Dominance

Kevin O’Leary, a prominent Canadian entrepreneur, the co-founder of O’Leary Funds and SoftKey, and one of the stars of Shark Tank, has said in an interview with CNBC’s Fast Money that Ethereum has taken one step closer to become the next leader in crypto and blockchain, surpassing bitcoin. Developer Activity is Best Indicator For Price Trend Previously, Ivey Business School ...

Read More »

China Sees Sixfold Increase in Companies With ‘Blockchain’ in Their Title

In China, the number of companies registered with the word “blockchain” in their names surged from January to July 16, 2018, surpassing last year’s number by nearly sixfold, the South China Morning Post (SCMP) reported July 16. Citing figures from business and civil data aggregator Qixin.com, SCMP reported that the country currently hosts more than 4,000 blockchain-related companies. In the ...

Read More »