Bitcoin

Bitcoin Risks Deeper Pullback After Drop Below $9K

Bitcoin Risks Deeper Pullback After Drop Below $9K After an overnight drop, bitcoin looks to have found acceptance below $9,000 and risks a deeper pullback, the technical charts indicate. The cryptocurrency hit a one-week low of $8,652 on Bitfinex earlier today and is now trading at $8,700. The 10-percent decline from the weekly high of…

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Coincheck Owner Monex Plans Proprietary Blockchain, ICO

Coincheck Owner Monex Plans Proprietary Blockchain, ICO Monex Group, the Japan-based online brokerage firm that recently acquired cryptocurrency exchange Coincheck, said it is eyeing the development of its own blockchain platform, with an initial coin offering to follow. In its latest financial filing dated April 26, the firm, which also has U.S. and Asia-Pacific divisions, said its…

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Crypto Exchange Gemini to Monitor Trading Using Nasdaq Tech

Crypto Exchange Gemini to Monitor Trading Using Nasdaq Tech Cryptocurrency exchange Gemini announced Wednesday that it is partnering with Nasdaq to monitor trading activities on its platform. Gemini will use Nasdaq’s SMARTS Market Surveillance offering to automatically detect any possible price manipulation or other illicit activities, according to a Wednesday’s announcement. Nasdaq currently uses this…

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Digital Currency Group Adds Zcash Offshoot ZenCash to Crypto Investment List

Digital Currency Group Adds Zcash Offshoot ZenCash to Crypto Investment List Digital Currency Group has added ZenCash, a little-known, privacy-focused coin, to its “conviction list” of cryptocurrencies. The other coins on the list are bitcoin, ethereum classic, zcash and Decentraland. Speaking at the Stocktoberfest East conference in New York City, Digital Currency Group founder and…

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Cisco Claims New Patent Could Apply to Bitcoin Mining

Cisco Claims New Patent Could Apply to Bitcoin Mining Network tech giant Cisco won a patent on Tuesday that could be applied to the bitcoin mining process. Cisco submitted a patent application back in September 2015 for a “Crowd-sourced cloud computing” system, according to information from the U.S. Patent and Trademark Office (USPTO). The patent…

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US Congressman: 'Race to Regulate' Won't Solve Crypto Fraud

US Congressman: 'Race to Regulate' Won't Solve Crypto Fraud Though fraud is undoubtedly an issue in the cryptocurrency ecosystem, U.S. Congressman Patrick McHenry believes lawmakers shouldn’t rush to impose new regulations. “It’s my fear that Congress and other policymakers get wrapped up in the hype of bitcoin and feel like doing something – anything –…

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EOS Is Nearing An All-Time Price High

EOS Is Nearing An All-Time Price High EOS is reporting gains on a down day for the wider crypto markets and may soon rally to fresh all-time highs. As of writing, the world’s fifth largest cryptocurrency by market valuation is changing hands at $14.61 – up 7.6 percent in the last 24 hours, according to…

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Crypto Exchanges Pause Services Over Contract Bugs

Crypto Exchanges Pause Services Over Contract Bugs As many as a dozen or more ethereum-based ERC-20 smart contracts have been found to contain bugs that let attackers create as many tokens as they want. While the bugs – first identified on April 22 and April 24, respectively, in a pair of posts published by a…

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Bitcoin Miners Arrested for Alleged Power Theft

Bitcoin Miners Arrested for Alleged Power Theft Allegations of electricity theft have led to the arrest of bitcoin miners in two Chinese cities, according to reports. In the first instance, six individuals have been arrested in Tianjin, with the Xinhua news agency saying the suspects allegedly used 600 cryptocurrency miners to generate bitcoin with power…

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