Monthly Archives: August 2018

Report: Over $2 Million Lost to Crypto Scams in Second Quarter of 2018

Cybersecurity and antivirus firm Kaspersky Labs found that, in the second quarter of 2018, cybercriminals stole over $2 million through crypto scams. A recent report from Russia-based antivirus and cybersecurity firm Kaspersky Labs states that in the second quarter of 2018, cybercriminals stole over $2.3 million dollars via crypto scams. The report, entitled “Spam and phishing in Q2 2018,” notes so-called “crypto giveaways” as a pervasive example of phishing, wherein cybercriminals dupe individuals into giving up sensitive information as part of a too-good-to-be-true promotion giving away popular […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 15

With the panic set in the cryptocurrency markets, the best move right now may actually be to buy – what do the charts say? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Panic has set in the cryptocurrency markets as investors dump their holdings at every opportune moment, […]

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Fivebucks.com: Meet the Freelancer’s Marketplace Powered by Bitcoin Cash

Three days ago a new freelancer’s marketplace was launched called Fivebucks.com, a platform that allows people to purchase and sell services for only $5. The new website has seen an influx of listings since it launched and all the payments, both inbound and outbound, utilize the peer-to-peer cryptocurrency bitcoin cash. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots Every Service on Fivebucks.com is Just Five Dollars in Bitcoin Cash This week a new freelancer’s marketplace has launched that allows people to list and complete a wide […]

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Square’s Cash App Now Supports Bitcoin Trading in All 50 States

Mobile payment company Square is expanding its bitcoin trading support to all 50 states through its Cash App. This means that residents in all corners of the U.S. can utilize the platform to purchase and sell the digital currency. The company was co-founded in 2009 by tech entrepreneur Jack Dorsey, who also heads Twitter. Last March, Dorsey was quoted as saying that bitcoin will likely serve as the world’s “single currency” in roughly 10 years. Square’s announcement is particularly intriguing in that most bitcoin- or crypto-trading apps […]

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“Goodbye Toshi, Hello Coinbase Wallet” — Coinbase Revamps Mobile App

Coinbase has continually shown that it is one of the foremost crypto-centric companies in this nascent industry. And today’s announcement has only cemented this theme, with Coinbase making a move to revamp the popular Toshi mobile wallet to better fit the firm’s unrelenting drive for innovation. This change comes via a post made on Medium, with Siddharth Coelho-Prabhu, a Toshi (Coinbase by extension) developer, writing, “goodbye Toshi, (and) hello Coinbase Wallet.” Toshi is now Coinbase Wallet! 🎉 https://t.co/GEi9roFmlL — Coinbase Wallet (@CoinbaseWallet) August 15, 2018 You may […]

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Ethereum Co-Founder: Sinking Price of Crypto Will Not Hurt Growth

Ethereum (ETH)–Joseph Lubin, one of the co-founders to the second largest cryptocurrency by market capitalization Ethereum and current CEO of ConsenSys Inc., told Bloomberg in an interview published yesterday that he is not concerned with the sinking price of cryptocurrency or the overall impact it will have upon the growth of the industry. While investors across the world reel from double-digit losses to extend an already taxing market in 2018, Lubin is confident that the industry will continue it’s march of adoption and growth that has characterized […]

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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers

Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. The government is also developing a new salary system that will allow employees to receive their wages in petro funds over fiat. “As of next Monday, Venezuela will have a second accounting unit based on the price and value of the petro. It will be a second accounting unit of the republic and will begin operations as a mandatory accounting […]

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The 1 Bitcoin Show- So many ways to pretend you own BTC!

Los Angeles, CA- Another west coast Bitcoin day. If you own GBTC then you don’t own Bitcoin. If you own this new GBTC competitor then you don’t own Bitcoin. If your phone number can be stolen and this can lead to Bitcoin you thought was yours being stolen then you don’t own Bitcoin. In the future if you own a BItcoin ETF then you don’t own Bitcoin. What is on my shirt- https://www.btcsolutions.ca/ Bitcoin is a real asset, minted from energy, the fundamental commodity of the universe. […]

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Social Media Giant LINE Adds Tron (TRX) To Its BitBox Exchange

As reported by Ethereum World News previously, social media giant LINE announced the creation of an in-house crypto-to-crypto exchange going by the name of BitBox. In LINE’s original announcement, the firm stated that it would offer the trading of thirty cryptocurrencies at a 0.1% fee, with the press release only mentioning the largest cryptocurrencies offered. Additionally, it was noted that BitBox’s crypto-to-crypto service would be open globally, offering exchange options to consumers in all countries but Japan and the U.S. Since our original report, BitBox has officially launched and is […]

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Coinhive Mints Quarter Million Dollars in Monero a Month, Report Reveals

Тhe profitability of cryptocurrency mining is decreasing on the backdrop of this year’s persistently bearish markets but Coinhive seems to be doing pretty well. The browser-based miner has earned a quarter million dollars worth of monero in just one month, according to a new study conducted by German researchers.    Also read: New Player to Offer Next Generation ASIC Chips This Year One in Three Minted Coins Goes to Coinhive Developers Coinhive, the Javascript-based miner that takes away some of your CPU power to mine cryptos while […]

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