Industry experts weigh in on the leading factors behind a massive slump in the cryptocurrency markets. Over the last 10 days the cryptocurrency markets have endured a massive sell-off across the board. There are a number of reasons that have led to the highly bearish sentiments on the market but seeing red has been difficult… Continue reading What Is Going On With the Crypto Markets, Analysts Unpack Factors Behind 10-Days Slump
Category: cryptocurrencies
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Crypto Venture Capital Exec Compares Bitcoin to Post Dot-Com Bubble Amazon
CryptoOracle partner Lou Kerner said that strong cryptocurrencies should be viewed like the big companies that came out on top after the dot-com bubble. Lou Kerner, a partner at venture capital firm CryptoOracle, compared the current slump in crypto prices to the dot-com burst in the early 2000s in an interview with CNBC Nov. 21.… Continue reading Crypto Venture Capital Exec Compares Bitcoin to Post Dot-Com Bubble Amazon
Italian Securities Watchdog Orders Unauthorized Crypto Companies to Cease and Desist
Italian securities watchdog CONSOB has ordered cease and desist orders on several crypto-related firms for offering unauthorized financial services. The Commissione Nazionale per le Società e la Borsa (CONSOB) has ordered three crypto-related companies providing unauthorized investment services to cease and desist, an official release states Monday, Nov. 19. The first company, a trading platform… Continue reading Italian Securities Watchdog Orders Unauthorized Crypto Companies to Cease and Desist
Study: ‘Compliance Trilemma’ Limits Potential of ICOs
A recent study funded by the Canadian government has revealed that ICOs are facing regulatory compliance challenges that limit their potential. Initial coin offerings (ICOs) are facing a regulatory “compliance trilemma,” according to a recent study funded the government of Canada and the University of British Columbia (UBC). To prepare the report, the research team… Continue reading Study: ‘Compliance Trilemma’ Limits Potential of ICOs
Ripple Continues to Rebound, While Most Major Cryptocurrencies See Mild Wave of Red
Major crypto markets see a slight decline, Ripple continues to show sufficient gains and hold its position as top cryptocurrency after Bitcoin. Saturday, Nov. 17: crypto markets have seen another mild decline, with losses across the top 20 coins by market cap reaching 4 percent over the past 24 hours. In contrast, Ripple (XRP), which… Continue reading Ripple Continues to Rebound, While Most Major Cryptocurrencies See Mild Wave of Red
US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention
In order to help immigrants in ICE custody pay their immigration bonds, the Bail Bloc project mines XMR using volunteers’ computer power. The Bail Bloc initiative has started using cryptocurrency raised through charity to help people get out of U.S Immigration and Customs Enforcement (ICE) pretrial incarceration, according to a tweet posted by a Bail… Continue reading US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention
Nvidia Q3 Results Reveal ‘Crypto Hangover’ Due to Disappearance of Miner Sales
Nvidia released its Q3 2018 results today, revealing a “crypto hangover” as GPU prices failed to adjust quickly enough to disappearing demand from crypto miners. Nvidia released its earnings report for the third quarter (Q3) of 2018 today, Nov. 15, revealing that demand for Nvidia’s graphics processing units (GPUs) among crypto miners has dried up.… Continue reading Nvidia Q3 Results Reveal ‘Crypto Hangover’ Due to Disappearance of Miner Sales
Poll: Interest in Crypto as Payment Method Makes Small Inroads Among Moscow Residents
A recent poll of Moscow residents found that, among respondents who use non-cash payment methods, five percent expressed interest in using cryptocurrencies. Five percent of Moscow residents who use non-cash methods of payment are open to using cryptocurrencies, according to a recently conducted survey, Forbes Russia reported Nov. 13. The investigation into the e-payment market… Continue reading Poll: Interest in Crypto as Payment Method Makes Small Inroads Among Moscow Residents
Four Fake Cryptocurrency Wallets Found on Google Play Store
A security researcher has found four fake cryptocurrency wallets on the Google Play Store. Malware researcher Lukas Stefanko has found four fake cryptocurrency wallets on the Google Play Store that were trying to steal users’ personal data, according to a blog post published Nov. 13. The apps were posing as cryptocurrency wallets for NEO, Tether… Continue reading Four Fake Cryptocurrency Wallets Found on Google Play Store
Report: Google G Suite Twitter Account Compromised to Promote 10,000 Bitcoin Scam
The Twitter account of Google’s G Suite was reportedly breached to advertise a 10,000 Bitcoin giveaway scam. The official Twitter account of Google’s G Suite was reportedly compromised to promote a Bitcoin (BTC) giveaway scam, technology and business news outlet the Next Web reported Nov. 13. The G Suite Twitter account was reportedly hacked to… Continue reading Report: Google G Suite Twitter Account Compromised to Promote 10,000 Bitcoin Scam