Latest Cryptocurrency News

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Cryptocurrency Startup Hacked - Loses 13.5 Million Dollars
Cryptocurrency News

Cryptocurrency Startup Hacked – Loses 13.5 Million Dollars

Bancor, the cryptocurrency conversion platform from Israel reported that the platform was victim to a security breach. This lead to the theft of over $13.5 million worth of digital tokens. $12.5 million dollars worth of Ethreum was stolen and $1 million worth of Pundi X tokens were stolen. Ethereum lost …

Bitcoin is Unstable and Limited to Work as Money says, UBS | Coindelite News
Bitcoin News

Bitcoin is Unstable and Limited to Work as Money says, UBS

Investment Banking Giant UBS believes that bitcoin is neither money nor a variable asset class. The firm’s assessment was highlighted in a research report on the world’s largest crypto by market capitalization which was distributed among clients and released on Thursday. UBS’ report claims: “Falls short of criteria that need …

Smartphones Are the Best Way to Use Cryptocurrencies - Samsung
Cryptocurrency News

Smartphones Are the Best Way to Use Cryptocurrencies – Samsung

Cryptocurrency thefts are on the rise. In fact, there has been at least $761 million lost in scams and cyber crimes in 2018 so far. Blockchain security has been a major concern as of late. According to the tech giant Samsung, smartphones are the most secure way to store your …

Crypto Exchange Coinbase Adds British Pound for UK Customers | Coindelite News
Cryptocurrency Exchange

Crypto Exchange Coinbase Adds British Pound for UK Customers

Coinbase announced on Monday; they are now offering deposits and withdrawals denominated in British Pounds (GBP). The U.K. division of the exchange will now offer same-day deposits and withdrawals from the platform, enabling transfers to happen instantly. In a statement, Mr. Zeeshan Feroz, Chief Executive of Coinbase U.K. wrote that …

Donald Trump's Fake Twitter Account Stealing Cryptocurrencies
Cryptocurrency News

Donald Trump’s Fake Twitter Account Stealing Cryptocurrencies

Even though Donald Trump has made plenty of absurd comments over Twitter. This continued even when he was elected the President of the United States. Given his track record, its easy to believe that Trump would be offering Bitcoins to his readers, though this could not be more further than …

Jay Clayton, Chairman of SEC Got Into Debate on Crypto | Coindelite News
Cryptocurrency News

Jay Clayton, Chairman of SEC Got Into Debate on Crypto

Recently the Securities and Exchange Commission (SEC) has published a report which showcases the passionate discussions happened over cryptocurrencies within the agency. SEC official Eric Werner introduced Jay Clayton, chairman of SEC. Werner is the associate director of enforcement for the SEC’s Fort Worth regional office. Werner highlighted a moment …

Brazilian Crypto Exchange Wins Court Battle Against Bank
Cryptocurrency News

Brazilian Crypto Exchange Wins Court Battle Against Bank

Walltime, the Brazilian cryptocurrency exchange won a court case against Caixa Economica Federal bank. As a result, the bank is forced to unfreeze the exchange’s account to release funds amounting to $200,000. According to Portal do Bitcoin, a local news outlet, Walltime was able to win the preliminary injunction. This …

Thomson Reuters Ads 50 Crypto Assets to its Financial Data | Coindelite News
Cryptocurrency News

Thomson Reuters Ads 50 Crypto Assets to its Financial Data

Thomson Reuters, Canada-based news and information provider, announces its partnership with the market data platform CryptoCompare. Through the partnership, the media is going to track a number of crypto assets on one of its desktop finance feeds. According to the press release, CryptoCompare is sorting the order book and trading …

SBI is Launching Crypto Derivatives Market | Coindelite News
Cryptocurrency News

SBI is Launching Crypto Derivatives Market

SBI group is contributing to the cryptocurrency market with another notable venture. It has set its concern towards the emergence of a cryptocurrency derivatives trading market. If this move becomes successful, it will welcome the development of virtual currency enthusiasts who want greater liquidity and different trading options. SBI is …

Employee Makes Billions by Secretly Mining Bitcoin on Office Computers
Crypto News

Employee Makes Billions by Secretly Mining Bitcoin on Office Computers

An office worker used office computers to secretly mine Bitcoin during off hours. Sergey Solonin, an ex-IT manager for Qiwi, the Russian firm was able to mine around 500,000 Bitcoins using surplus computer capacity when the offices were closed overnight. Qiwi is a Russian payment service provider which is a …