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Tag Archives: Worth

Blockchain Startup Buglab.io Offers $2,000,000 Worth of Tokens to Secure Crypto Exchanges, in Cybersecurity Contests

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Bitcoin ...

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Buglab Offers $2,000,000 Worth of Token to Secure Crypto Exchanges, in Cyber Security Contest

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. The modern digital market is growing exponentially, allowing hackers to gain access to new technology and techniques. Cryptocurrency exchanges are especially vulnerable, and need to stay ahead of the hackers to secure the ...

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One of the Biggest VC Firms Says Cryptocurrency Can be Worth Trillions of Dollars

Union Square Ventures, a New York-based venture capital firm that oversees a billion dollars in capital, has revealed that it is investing in cryptocurrency and major digital assets like bitcoin as long-term investments. Winning Blockchain Will be Worth Many Trillions Founded and operated by Fred Wilson, a prominent venture capital investor known for his early investments in multi-billion dollar companies ...

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Bithumb Hack | $14 million worth of BTC, ETH, BCH, and XRP Stolen

Bithumb hack: Last week, the world’s 11th largest cryptocurrency exchange by its 24-hour trade volume, Bithumb, announced that it had been hacked. The initial reports suggested that close to 35 million Korean won ($31 million USD) had been taken from its platform. Several cryptocurrencies were stolen, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH). The original translated tweet ...

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$17 Million Worth Of Bitcoin Seized From A Dark Web Drug Ring

Bitcoin has been associated with criminal activities for a long time now and while the crypto community has refuted such claims, an increasing number of instances involving the use of Bitcoin in crime suggest otherwise. The latest is the indictment of two men from Maryland by the US Department of Justice. The two were allegedly manufacturing Xanax and distributing it ...

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A ‘Visa Cryptocurrency’ Might Only Be Worth $3 Billion: Napkin Math

Critics of the Bitcoin community’s decision to pursue a development path that prioritizes the coin’s utility as a store of value often allege that a payments-first focus is necessary to create a “base level of demand” for a cryptocurrency. However, writing on Twitter, BitGo co-founder Ben Davenport makes the case that the payments use case creates an almost negligible base ...

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Tron to Burn TRX Worth $50 Million to Mark ‘Independence Day’

The much-hyped Tron Independence Day is less than 72 hours away. As part of the commemorative events that are set to take place, Tron Foundation has revealed that TRX tokens worth approximately US$ 50 million will be burnt. This is one billion TRX coins which according to Tron Foundation will perhaps constitute the largest amount of money ever destroyed for ...

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Over $20M Worth of ETH Stolen from Misconfigured Wallets

Chinese cybersecurity firm Qihoo 360 Netlab discovered that hackers have been targeting Ethereum wallets configured with open port 8545, with one attacker pillaging over US$20 million from various victims. The attack vector used by the perpetrators exists as a feature of most Ethereum wallets in which the software has been configured to expose the RPC (Remote Procedure Call) interface on ...

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Top 10 Ethereum DApps Worth Keeping an Eye On

The Ethereum ecosystem has seen a massive influx of new decentralized and distributed applications. As such, the DApp ecosystem has grown significantly. Although it is difficult to put together a top 10 list which most people will agree with, below are 10 live and accessible DApps which caught our attention. 10.  Decentralized Ether Mixer While there will always be a debate ...

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Australian Officials Seize AU$350K Worth of Cryptocurrency in Darknet Bust

Darknet activity often involves Bitcoin and other cryptocurrencies. Criminals often perceive Bitcoin as an anonymous cryptocurrency, even though it lacks all of the features necessary to be anonymous. A recent dark web drug raid in New South Wales has confirmed that using Bitcoin for illicit activity will ultimately lead to one’s arrest. Another Darknet Drug Dealer Arrested It is evident ...

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