South Korean cryptocurrency exchange Bithumb has suspended deposits and withdrawals after losing $30 million worth of cryptocurrencies as the result of an apparent hack. The Seoul-based company, once the world’s largest cryptocurrency exchange, on Wednesday announced that $30 million worth of undisclosed cryptocurrencies had been stolen from the platform. It...
It is easy to be allured by crypto and neglect the real world. However, a new mania is coming: for a month everybody will talk about world football cup. Here at Intellectsoft Blockchain Lab we fantasized: what if there was a World Cup for cryptocurrency? We assumed what crypto...
“Consensus by conference call” — that’s how one critic characterized the on-chain governance model employed by the nascent EOS network in the wake of several high profile incidents involving block producers. Most recently, the network’s 21 block producers — organizations who verify transactions and validate blocks — froze seven...
Despite the bearish chart setup, bitcoin (BTC) rose to a six-day high on Monday, putting a corrective rally to $7,000 back on the map. The leading cryptocurrency unexpectedly picked up a bid around $6,450 at 16:00 UTC yesterday and rose to $6,850 – the highest level since June 12,...
Open Positions at CCN: Full Time and Part Time Journalists Wanted.The Bank of Korea (BoK) has revealed it is against the idea of issuing a central bank digital currency following a feasibility review. South Korea’s central bank isn’t keen on issuing a central bank digital currency (CBDC) citing concerns...
Open Positions at CCN: Full Time and Part Time Journalists Wanted.Brussels Airport has launched an application based on blockchain technology meant to assist in tracking cargo movement from ground handlers to freight forwarders. The application will work in conjunction with BRUcloud, the open data management platform of Brussels...
Open Positions at CCN: Full Time and Part Time Journalists Wanted.Phillip Nunn, chief executive officer of Manchester-based investment firm Blackmore Group, is standing by his bullish prediction that the bitcoin price will reach $60,000 in 2018, according to BusinessCloud. Nunn, who also advises initial coin offering (ICO) projects, told...
Open Positions at CCN: Full Time and Part Time Journalists Wanted.US Senate candidate Austin Petersen received a $130,000 bitcoin donation but was forced to return it due to federal regulations governing campaign contributions. Petersen, a Republican who is hoping to unseat incumbent Missouri Sen. Claire McCaskill during the mid-term...
Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. The cryptocurrency found acceptance above the key resistance of $6,425 (April 1 low) in the second half of last week, raising the prospects of...
Open Positions at CCN: Full Time and Part Time Journalists Wanted.Last year in November, 35 year old Louis Meza kidnapped his friend with the help of three gang members to steal the victim’s crypto holdings. In December 2017, Meza was charged with kidnapping and robbing the victim by Manhattan...