Crypto Exchange Loses Password, Now Owes Users $190 Million

This past December, Quadriga’s 30-year-old CEO Gerry Cotten died of Crohn’s disease while in India, subsequently, his company filed for creditor protection as customers could not withdraw their funds. QuadrigaCX chose not to reveal the details of its filing but CoinDesk obtained court documents that include the late CEO’s widow’s testimony. Jennifer Robertson, identified as […]

Latest Samsung Galaxy S10 Leak Hints At Potential Selling Feature For Cryptocurrency Investors

With the Samsung Galaxy S10’s expected February 20 launch date growing closer, more and more details regarding the flagship phone appear to be emerging ahead of its arrival. While last week’s leaks mostly focused on a number of familiar features hinted at in past reports, as previously reported by the Inquisitr, the latest leaks seem […]

John McAfee To Continue Presidential Bid In Exile, Through ‘Surrogates’

John McAfee, the antivirus software company founder and cryptocurrency proponent, will be continuing his previously announced presidential campaign in exile according to a series of videos McAfee released on Twitter yesterday, CNET reports. McAfee cited unspecific felony tax charges as the reason for taking the campaign on the lam, recording messages on his boat from […]

Bitcoin Scammers On Twitter Hack Target Account And Pose As Elon Musk

Scammers are using Twitter to run a fraudulent scheme to receive bitcoin payments. USA Today reports that Tuesday saw the latest in a series of hacks on the social media platform. This time, hackers took control of Target’s twitter account, using the big-box retailer’s profile to send out a post with the cryptocurrency scam. Other […]

Happy Birthday Bitcoin! Here’s How The Cryptocurrency Became A Mainstream Force In 10 Years

October 31 is commonly known as Halloween, a holiday to celebrate all things spooky. But to an ever-growing number of people, today’s date celebrates another important holiday in the world of digital currency. Halloween 2018 marks the 10th anniversary of the founding of bitcoin, the world’s first cryptocurrency, Business Insider reported. In 2008, the digital […]

Hedge Fund Manager Will Accept Bitcoin Payment For $16 Million NYC Townhouse

Hedge fund manager Roy Niederhoffer is selling his 10,720-square-foot townhouse on Manhattan’s Upper West Side for $15.9 million — and he’s willing to accept cash or bitcoin as payment. “I’m a big believer in bitcoin,” Niederhoffer told Bloomberg. “I really am so bullish on it, and I want to own more of it.” Niederhoffer is […]

Cryptocurrency Regulations Should ‘Do No Harm,’ Says CFTC Chair Giancarlo

The federal government should approach regulating cryptocurrencies in the same manner it approached regulating the Internet: By adopting a “do no harm” approach. That’s what J. Christopher Giancarlo, chairman of the U.S. Commodity Futures Trading Commission, suggested. Giancarlo said this type of cautious approach is necessary in order to prevent inhibiting innovation in the burgeoning […]

Bank Of America Rumored To Be Going Crypto After Latest Patent Filing

Bank of America (BoA) has quietly been amassing a wealth of blockchain technology patents over the past several years, but it is their most recent filing that has analysts believing that the banking giant may be ready to go crypto in the near future. While no major banks in the U.S. have made any meaningful […]

The Vice Industry Token Will Pay You To Watch Adult Films, But There’s A Catch

The blockchain is all the rage these days, and everyone wants in on it. It wasn’t that long ago that it seemed like every business had to get on the web. Then they needed an app. Now, it’s the blockchain, and as is the case with the internet, at some point, every advance will somehow […]

SEC Issues Warning Advising Against Cryptocurrency IRAs

The Security Exchange Commission (SEC) has issued a warning for investors to steer clear from IRAs that are either wholly or partially invested in cryptocurrency if at all possible. As more investors are viewing cryptocurrency as a valid long-term investment instrument and solution to their retirement needs, some investors buying into the hot financial trend […]

Bitcoin Will Reach $60,000 This Year, Expert Says In Standing By January Prediction

Bitcoin is about to blow up, according to a leading expert. As Bitcoinist reports, Phillip Nunn, the CEO of The Blackmore Group and Wealth Chain Group, predicted in January that Bitcoin will drop to a low of $6,000 and hit a high of $60,000. The first part of his prediction was realized when Bitcoin slid […]

Bitcoin And Other Cryptocurrencies Are Not Securities, SEC Official Says, But Initial Coin Offerings May Be

Bitcoin and other cryptocurrencies rose today on news that a United States Securities Exchange Commission (SEC) official declared that they aren’t securities. Despite that good news for some crypto, some initial coin offerings might still be considered securities under the United States regulatory body’s rules. According to a CNBC report, William Hinman, head of the […]

South Korean Cryptocurrency Exchange Loses $37 Million In Cyberattack, Bitcoin Price Drops Shortly After

South Korean cryptocurrency exchange Coinrail suffered from a cyberattack over the weekend, likely sending the price of bitcoin tumbling. Bitcoin value dropped 10 percent on Sunday shortly after the exchange broke the news on Twitter. Per a report from The Guardian, the popular virtual currency dropped to $6,627 on the Luxembourg exchange Bitstamp. Prices of […]

Software Company ORS Combines Artificial Intelligence With Blockchain Technology

ORS Group, an artificial-intelligence software company, is using blockchain technology to create “hypersmart contracts” to help entrepreneurs and small businesses compete with larger corporations. Blockchain, the technology behind the cryptocurrency bitcoin, has been touted as a potentially game-changing innovation that could transform the banking industry, as well as messaging apps, insurance, voting, supply-chain management, stock […]

Banks Challenge Bitcoin – New Frauds Arise As Critics Call For The Big Decline Of The Crypto

Lloyds Bank and other major banks have announced that they will be preventing their customers from purchasing Bitcoin using credit cards attached to their banks. According to Fortune, this decision was made to protect banking consumers from “both financial and legal risk” of investing in Bitcoin. Along with Lloyds Bank, Bank of America and JPMorgan […]

Starbucks’ Howard Schultz Enthusiastic Over Cryptocurrency But Not Bitcoin

During a recently held first quarter earnings conference call, former Starbucks CEO Howard Schultz revealed that he is very much interested in the future of cryptocurrency and how one day it could be the preferred mode of payment for major retailers. The coffee house chain is also apparently studying the possible applications of cryptocurrency and […]

Google Shuts Down Hackers Using YouTube Ads To Mine Cryptocurrency

YouTube has recently been targeted by a group of enterprising hackers that apparently found a way to insert mining scripts within video ads. The code would basically let the hackers use up to 80 percent of a viewers CPU power to mine bitcoins and other cryptocurrencies. By simply watching an advertisement with the malicious script […]

Cybercrime Increases As Cryptocurrency Values Rise: Ways Crime And Cryptocurrencies Intersect

Crime happens everywhere; there’s no doubt about it. But, cryptocurrencies may present a scenario that many criminals can’t pass up. Maybe it’s the thought of making millions of dollars, sometimes in an instant. That, coupled with the source activity being untraceable sounds alluring. Is that why, across the board, cryptocurrency values are skyrocketing? And, is […]

YouTube Serves Ads With Cryptocurrency Miners

Earlier this month, Israeli adtech firm Spotad warned websites and publishers about cryptocurrency miners slipping into ads. The crypto-focused website, CoinDesk, reported on Spotad’s findings after speaking to the agency’s co-founder Yoav Oz, who said, “The mining protocol for the big cryptocurrencies, like bitcoin and bitcoin cash… to mine that kind of crypto requires high […]

Gamers Vs. Cryptominers: Nvidia Urges Retailers To Prioritize Gaming Use

Now that there’s a shortage of GPUs, Nvidia released a memo to its retailers saying they should prioritize gamers versus users who are buying the products for cryptocurrency mining. Since last year, there has been a lack of available graphic cards on the market. According to Vice, it is because of the crypto miners who […]

Cryptocurrency Regulation: What Do You Need To Know?

The inevitable cryptocurrency regulation is coming. Last week, it was an announcement from the government of South Korea, who was looking at a possible ban on cryptocurrency trading. This week, the countries of France and Germany began talks of bitcoin regulation. Governments across the globe are looking to get involved with cryptocurrencies. Regulatory Shutdowns Started […]

Bitcoin And Altcoin Prices Level Off Amidst Raids And South Korean Shutdown Threat

Following reports of a possible shutdown of all Bitcoin and cryptocurrency exchanges in South Korea, the market immediately reacted over the weekend with massive dips in prices. The continuing decline of almost all of the cryptocurrencies over the past few weeks can also be attributed to the recent raids on Coinone and Bithumb, which are […]

Ripple (XRP) Partners With MoneyGram To Speed Up Money Transfers

MoneyGram announced that the company has signed a partnership with Ripple. The announcement has since sent MoneyGram shares up 13 percent. MoneyGram is currently testing the company’s XRP cryptocurrency in an attempt to see if Ripple’s blockchain technology can speed up transfer times and lower costs. Ripple’s XRP has climbed as well, according to the […]

South Korean Banks Involved In Bitcoin And Crypto Trading Under Investigation

South Korean Authorities have reportedly started investigating a number of the country’s biggest financial institution in connection with their involvement in the growing Bitcoin and cyptocurrency trading market. The growth of Bitcoin and other cryptocurrencies along with the growing interest in crypto trading has caught the eye of local authorities who are now ramping up […]

Warren Buffett Makes Scary Prediction About The Future Of Bitcoin And Other Cryptocurrencies

Warren Buffett has bad news for anyone who invested in Bitcoin or any other cryptocurrency. The billionaire investor made a gloom and doom prediction about the future of these currencies during an interview with CNBC’s“Squawk Box.” “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” […]

Will Blockchain Impact Jobs? Three Things You Need To Know

We have all been learning new terms lately. With “bitcoin” and “ethereum,” along came “blockchain.” Blockchain resulted from the creation of bitcoin. And, it allowed other cryptocurrencies to be developed. But blockchain is a gamechanger on its own. Now, one big question is on many people’s minds. How will blockchain impact future jobs and employment? […]

Want To Join The Bitcoin Craze? Here’s How To Do A Little Mining

The bitcoin craze continues, and it has all the exciting twists and turns of an amusement park roller coaster. Want to join in? You can buy bitcoin at its current price. Then, hope it continues it’s upward trajectory, praying it doesn’t turn into a death spiral. However, is there any other way to profit from […]

Bitcoin Erratic Price Cause Panic As Research Reveal The Real Value Of The Cryptocurrency To Be Zero

Bitcoin’s erratic price has become subject of headlines since during the holiday season as experts reveal their take on the real value of the cryptocurrency amid predictions that it might rise to as high as $60,000 in 2018. Speaking to CNBC, TenX co-founder and president Julian Hosp revealed that his prediction on the price of […]

Are We Now In A Blockchain Bubble? Three Things You Need To Know

Earlier this week, we saw a new trend on the horizon: adding “blockchain” to company names. The big question arising from this phenomenon is why? Historically, most of these companies have not had a lot to do with blockchain and the technology behind it. But, they did the name changes and they must have their […]

Bitcoin Futures Market Now Open, Five Things You Need To Know

The price of bitcoin closed last week at almost $19,500. And the higher the price goes, the more the word “bubble” is mentioned. But, for bitcoin naysayers, another thing happened last week. The first bitcoin futures were made available. And more will be offered this week. Now those naysayers can put their money where their […]

Is The Colossal Bitcoin Streak Really Just A Massive Bubble?

Bitcoin is almost 10-years-old. For a long time, the value of the cryptocurrency was too low to draw much attention. Bitcoin was just some obscure techno-geek fad to which no one paid much attention. But no more. With the value of bitcoin now set at north of $16,000, its obscurity is a thing of the […]

Elon Musk Confirms He Did Not Invent Bitcoin, But Can Cryptocurrency Thrive With His Guidance?

Bitcoin has been one of those inventions whose inventor has hidden from the public. “Satoshi” was the pen name left for the public, but this is not attributed to a real person. However, others still pushed the idea that SpaceX founder Elon Musk may have been the man behind the cryptocurrency. According to Hackernoon, the […]

Goldman Sachs Will Help Customers Trade In Bitcoin, Despite CEO’s Disdain For Digital Currency

Bitcoin has its fair share of advocates and critics. Now, the cryptocurrency can add the CEO of Goldman Sachs to the list of detractors. However, one employee says they are open to helping investors trade in the virtual money. As reported by The Guardian, Goldman Sachs CEO Lloyd Blankfein wants nothing to do with bitcoin […]

Katy Perry Talks Cryptocurrency With Warren Buffett As Bitcoin Surges Over $11,000

Bitcoin has been surging lately, with one recent roller coaster ride towards a record high of over $11,000. With bitcoin being the talk of the town right now, it looks like pop star Katy Perry might want in on the action, and to help her out, she sought some advice from… Warren Buffett? No one […]

What Is Bitcoin? Five Things You Need To Know

If you haven’t heard of bitcoin, you may have been hiding under a rock. But, just because you’ve heard of it, does that mean you know what it is? With the price of a bitcoin hitting over $9,000 today, it may be time to learn a “bit” more. If bitcoin is still a mystery to […]

Bitcoin Opposition: It’s Not A Currency, It’s A Commodity

Even though bitcoin has just hit another milestone, reaching a staggering $6,900 record in the market, many remain skeptic into its stability. Some believe this is just a fad, while others, like Allianz’s Chief Economic Advisor argues that it’s not what we all think it is. Bitcoin, one of the hundreds of cryptocurrencies in the […]

Bitcoin News: For Price Of 50 Bitcoins A Luxury Apartment Can Be Bought, Cryptocurrency Value Rises

In the latest bitcoin news, Baroness Michelle Michelle Mone is singing the praises of the “currency of the future,” as it will soon allow people to purchase new luxury properties. Mone is working with her billionaire boyfriend and partner Douglas Barrowman on a brand new venture that will have bitcoin usable as a payment for […]

Bitcoin Price Surges To New Record As Confidence In Cryptocurrency Rises

Bitcoin’s price continues to climb upward. According to a recent TechCrunch report, the price has just crossed the $4,000 mark for the first time, trading currently for around $4,135 per unit. On Friday, the price of bitcoin was hovering around $3,500, as investors were confident about the cryptocurrency’s future. It was only one week ago […]

Ethereum Will Soon Become Bigger Than Bitcoin, Setting A New Price Record

The cryptocurrency market continues to soar as the price of Ethereum set a new record on Thursday, Aug. 10 to stabilize at $300. Ethereum is projected to replace Bitcoin as the most valuable cryptocurrency, especially after BitCoin experienced a sharp decline this week. Ethereum price started to climb on Wednesday as it reached $314.75, according […]

OpenANX: Ethereum, Bitcoin Trading Gets Decentralized In New Best Cryptocurrency Market Exchange Platform

Need an Ethereum and Bitcoin trading platform? OpenANX is claiming it’ll be the best cryptocurrency exchange market since it’ll be the first decentralized cryptocurrency exchange to involve multiple exchanges, tokens, and fiat currencies. The Hong Kong-headquartered Open ANX foundation officially announced today their plans for the project, with OpenANX technical director Hugh Madden explaining the […]

Bitcoin Pizza Day 7th Anniversary Marks A Record High Value – Why You Should Care

Seven years ago on May 22, 2000, a bitcoin user named known only as “laszlo” put an ad up on a forum, wanting to trade bitcoins for pizza. The user posted this message to the bitcoin forum, eventually getting a response from a fellow user. “I like having left over pizza to nibble on later. […]

Price Of Bitcoin Down 15 Percent As Virtual Currency Dubbed A ‘Failed Experiment’

The price of Bitcoin has fallen 15 percent in the wake of the virtual currency being called a “failed experiment.” Bitcoin was invented in 2008 by Satoshi Nakamoto, and later released publicly in January 2009. The idea behind Bitcoin was an open-source currency that could be used to make transactions anonymous; Bitcoins are only identified […]

Bitcoin Prices Jump – Virtual Currency Has Doubled In Value Since Its Crash, Inching Closer To $500

Bitcoin prices have seen a sudden jump in the last month. The virtual currency has more than doubled its value since January and seen a surge of more than 70 percent in the last month. After hovering close to the $240 mark for the majority of the year, the average price of Bitcoin reached almost […]

PayPal To Start Accepting Bitcoin?

John Donahoe, the CEO of eBay and its subsidiary company PayPal, is once again hinting that he sees bitcoin integration as essential to the future of both companies, the International Business Times reports. In an interview with CNBC, Donahoe addressed digital currency and how PayPal and eBay will integrate it into their already existing systems: […]

Is Bitcoin Becoming Irrelevant? Bradley Reifler Answers ‘Yes’

Bitcoin is a digital currency system, sometimes referred to as electronic money or cryptocurrency. It is a virtual system on the Internet that is not controlled by a single entity, such as a central bank, and does not meet the generally recognized definition of a currency. Bitcoins are created by a process known as mining, […]

Sacramento Kings Adding Bitcoin To Royal Treasury

The NBA’s Sacramento Kings will become the first-ever sports franchise to accept Bitcoin, the team announced Thursday. Starting at the beginning of March, Kings fans will be able to purchase official merchandise at the team store and even tickets using the Bitcoin virtual currency, ESPN’s Darren Rovell reports. What remains to be seen is whether […]

Kanye West Quashes ‘Coinye West’ Cryptocurrency Over Consumer Confusion

Look out world, Kanye West is feeling litigious. West, who recently sued YouTube co-founder Chad Hurley for releasing verboten footage of his proposal to Kim Kardashian, has set his legal eagles on the coders behind Coinye West, a BitCoin-style cryptocurrency that bears Kanye’s cartoon image and name. West’s attorney’s, Pryor Cashman LLP, have issued a […]