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The latest Cryptocurrency and Bitcoin News

Binance Explains API/Phishing Attack, Hackers Walk Away Losing Money

Hackers Go Phishing, But Binance Cuts the Lines Yesterday, posts began to flood the r/BinanceExchange subreddit complaining about unauthorized sell orders.  In one such post, u/shashankkgg laments that all of his altcoins were sold at market price: “WTF is happening! Binance just sold all my alts at market rate and I have got just the Bitcoin …

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New Player Asrock Said to Enter the GPU Mining Market

Another major hardware producer may venture into the GPU market very soon. Motherboard manufacturer Asrock is reportedly going to offer new products for cryptocurrency mining in April. Currently, the company enjoys strong demand from crypto miners for its motherboards. Mining equipment shipments boosted its sales in 2017. Also read: GPU Producers Fear Drop in Demand …

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What is iExec RLC?  A Beginner’s Guide to Decentralized Cloud Computing

What is iExec RLC?  A Beginner’s Guide to Decentralized Cloud Computing Decentralized cloud computing sounds like a beautiful combination of buzzwords used to hype up a product, doesn’t it?  Don’t worry, iExec has substance to back up the buzz, and if this is the first time you’ve heard about the project, that makes sense–the team …

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Mt. Gox Soap Opera Continues: Karpeles Released on Bail, Shadow Companies, and Whale Dumps

Mt. Gox Mark Karpeles’ release on bail has produced a new radio program examining the historic hack and heist, but is also raising questions about sister exchanges such as BTC-e and their role in laundering stolen bitcoin. If all that wasn’t enough, a Gox trustee decided to dump over 400 million USD in bitcoin core …

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The Wealthy Want Crypto but Don’t Understand It, Survey Shows

The world’s richest people are putting more and more money into cryptocurrency, despite the fact they don’t understand it very well, a new report reveals. Terms like “distributed ledger” and “blockchain” are not especially familiar to the wealthy, according to their advisers. The widespread misunderstanding about the technology behind bitcoin seems to have little or …

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Domains Running Cryptocurrency Mining Scripts Surge 725 Percent

The number of domains with cryptocurrency mining scripts installed has skyrocketed 725 percent in four months, according to a security firm’s research. Approximately 2.7 million users were attacked by malicious crypto miners last year, with the most successful cybercriminals earning millions of dollars. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Domains …

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“Blockchain is the real deal”: JP Morgan Unveils Report on Crypto’s Economic Advantages

JP Morgan Looks to Crypto’s Future with Optimism In a recent report entitled “Unlocking Economic Advantage with Blockchain: A guide for asset managers,” JP Morgan makes the case for blockchain’s use in legacy business and asset management, which includes the bank’s take on blockchain’s adoption timeline. “There is a growing realization that distributed ledger technology …

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What is Streamr DATAcoin? Beginner’s Guide

What is Streamr DATAcoin? Streamr DATAcoin is an off-chain network focused on data monetization and exchange.  As an off-chain component, Streamr’s system will work alongside blockchains–at this point, it’s built on and for Ethereum. It will utilize smart contracts to allow machines and individuals to trade data across its network. Essentially, the network will facilitate a …

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