Cryptocurrency News With URL like

Liquidators Take Charge of Cryptopia: Here Are Cryptopia?s Big Mistakes
Phil Carroll is a Blockchain researcher and enthusiast who has been following the market for over 5 years now. He has been working as a freelance chain analyzer and as a technological content writer for whitepapers etc. In his spare time, he likes to write about topics that involve Bitcoin , Blockchain and cryptocurrencies . Although cryptocurrencies themselves are incredibly secure, the exchanges that facilitate their movement have been far more problematic. 2018 set a record for the most crypto exchange hacks in history, and the efforts of bad actors are becoming more expansive and more expensive with time. Now, another crypto exchange has been brought down by a hack.
Mining Pool BTC.Top Briefly Controls Over 51% of Bitcoin Cash's Hashrate
BTC.Top, a popular cryptocurrency mining pool , has recently hit a high of 54% of Bitcoin Cash's hashrate , before seeing it recede. According to some users the mining pool has just been going after profitability, although any pool having over 51% of the hashrate could be cause for concern. According to data from Coin.Dance, BTC.Top managed to mine over 54% of the blocks on the Bitcoin Cash network for a brief period of time, before seeing its hashrate go down. At press time, data shows in the last 24-hour period it mined 47% of blocks on the network. 51% #BCH
Bitcoin Cash Network glitch after hardfork
Final update 17:53 UTC: The Bitcoin Cash blockchain appears to be processing transactions normally. Most blocks found since the last update and include a few hundred transactions in them, with most having been processed by BTC.Top. It's believed the network is now reasonably safe once again. Update'17:06 UTC: Two block with over 2 ,500 transactions combined has been mined. The BCH blockchain currently has blocks that could grow to as mcuh as 32 MB if needed, meaning the blockchain can easily clear the mempool it build up during the glitch. Available data shows the size of BCH's mempool dropped sharply after the block was mined.
Tether and the Never-Ending Scandal: What Does the Future Hold for Stablecoins?
What started as a notable solution to the highly volatile nature of cryptocurrency markets has since turned into a never-ending scandal. Tether and its USDT token was launched as a means to protect cryptocurrency holdings against wild market swings. In doing so, the USDT token is theoretically pegged to the dollar and thus, bills itself as a cryptocurrency store of value. At the time of writing, the USDT token represents $2.8 billion in client funds, all of which, reportedly, is backed by real-world dollars. However, the general consensus in the blockchain space is that things aren't quite what they seem.
How Proof Of Stake (PoS) Algorithms 'Create Decentralized & Open Networks'
Hendrik Hofstadt, a Berlin-based software developer who has co-founded Certus One, Inc., a company focused on building validator infrastructure for proof-of-stake (PoS)-based blockchain networks, recently shared his views regarding the recently launched Cosmos platform with CryptoGlobe. Cosmos, a highly-anticipated PoS-based network that primarily aims to facilitate blockchain interoperability (communication between separate and independent chains), was released recently - after many long months of development. Commenting on the initiative and his company, Certus One's role or involvement with Cosmos, Hofstadt remarked:
TRON (TRX) Surges 14% to Move to 7th Place, Ahead of Litecoin (LTC) and Stellar (XLM)
In the early hours (UTC time) of Sunday (January 27th), TRON (TRX) surged over 14% in price to become the seventh most valuable cryptocurrency by market cap, and as TRON Foundation CEO pointed out, this means that TRON is ahead of both Litecoin (LTC) and Stellar (XLM) in the market cap table. In this article, we look at some factors that could be responsible for TRON's impressive recent price action. At press time (around 09:00 UTC), according to data from  CryptoCompare , TRX was trading at $0.03118, up 14.3% in the past 24-hour period. Here is the one-day chart: And TRX's performance in the past 30 days is even more impressive: during this period, the TRX price has gone from $0.01922 on December 28th (at 09:00 UTC) to $0.03118 on January 27th (09:00 UTC), i.e. gone up in value by over 62%:
Broadcast Data From Space and Pay With Bitcoin via Lightning Network
On Wednesday (January 16th), Blockchain startup Blockstream announced that the "Blockstream Satellite API" service it introduced last month has gone live in beta (test) mode. On 17 December 2017, Blockstream said that "Phase 2 coverage of the Blockstream Satellite network" had gone live; even more interestingly, for the purpose of this article, was that it also unveiled the Blockstream Satellite API, "a groundbreaking new broadcast service" that "empowers users to access the Blockstream Satellite network to broadcast data to the whole world" and pay with bitcoin (BTC) via the Lightning Network. Using the Satellite API, users would be able to "broadcast unencrypted data to everyone with a satellite receiver or target specific users by using encryption." 
Binance?s Changpeng Zhao Pledges to Freeze Cryptopia Hack Funds
Binance CEO Changpeng Zhao - perhaps better known as CZ - has responded to calls from Twitter users to block funds identified as coming from the recent Cryptopia hack.  As we explored earlier today, eager Blockchain watchers have been tracking funds that appear to have been taken from the New Zealand-based crypto-asset exchange, Cryptopia. The tokens, comprised of around $3 million-worth of ethereum and $11 million in other ERC-20 assets, were removed from wallets linked to the exchange in the early hours of January 13th (around 01:30 UTC). Some 16-or-so hours before the exchange admitted a problem, initially putting the site 'Under Maintenance' and then admitting to significant issues and informing New Zealand Police. Now, the CEO of cryptocurrency's biggest exchange has promised to block any wallets linked to funds from the hack that appear on his platform. 
Coinbase Announces Ethereum Classic Support Is in Final Testing Phase | CryptoGlobe
Popular San Francisco-based cryptocurrency exchange Coinbase has recently announced that it's conducting a final testing phase before adding support for Ethereum Classic (ETC) on its platform. According to the announcement, the company believes this phase will be completed by Tuesday, August 7, at which point it'll start accepting inbound ETC transfers. Coinbase is set to release an announcement once its users can transfer the cryptocurrency . Before trading is enabled on the company's platforms, inbound transfers will roll in for a period of 24 to 48 hours, to ensure Coinbase Pro and Coinbase Prime have enough liquidity . Ethereum Classic is going to be added to various Coinbase services, namely Coinbase Prime, Coinbase Pro, Coinbase Markets, Coinbase Custody , Coinbase Asset Management, and Coinbase Consumer.
Cryptocurrency Prices Will "Slowly Recover" Due to "Real Utility," Blockchain Professional Says | CryptoGlobe
Josh Fraser, co-founder at Origin Protocol, an Ethereum -based peer-to-peer (P2P) solution for enabling economic transactions without intermediaries, recently told MarketWatch he thinks cryptocurrency prices will slowly recover. Fraser explained in an email to the financial information website that the shift towards development will see real utility, versus speculation in the volatile crypto ecosystem. The Clemson University computer science graduate wrote that digital currency prices will stabilize because of the positive trend towards building usable? blockchain -based solutions. Fraser believes that people who had written off crypto due to low-quality projects, or outright scams, will [gradually] be drawn back in as the industry is starting to develop more legitimate products.
Chain-Watchers Track Cryptopia Hack Tokens, Highlight Possibility of Inside Job
As rumours swirl of inside job or Exit Scam, stolen Cryptopia crypto is on the move to other exchanges. Following the announcement of a hack on New Zealand-based exchange Cryptopia early Tuesday morning, one Reddit user has been tracking wallets that seem to be moving the service's stolen Ethereum -based funds. This in turn has led to a group of eager blockchain observers tracking the movement of the stolen funds across to a few different exchanges. Their observations throw up some interesting questions regarding the timeline of events, and have begun speculation that what has transpired - the theft of roughly $14 million-worth of Ethereum and ERC-20 tokens - may be internally driven, or possibly even a so-called Exit Scam?. 
Cryptocurrency Prices See Slight Drop After Nasdaq?s ?Worst Day Since 2011? | CryptoGlobe
The price of most cryptocurrencies has dropped slightly in the last 24 hours, after Nasdaq had its worst trading session since 2011, dropping nearly 4.5% in a day before traders helped the market recover after hours. According to CryptoCompare data bitcoin , the flagship cryptocurrency , dropped about 0.5% in the last 24-hour period to about $6,470, while Ethereum s ether, the second largest crypto by market cap, dropped about 1% to $201. Most other top altcoins are in the red by anywhere between 0.5% and 1.6%. Notably he cryptocurrency market's negative performance dwarfs that of the equities market, which recently faced a major sell-off related to a potential China-US trade war and the European Union officially rejecting Italy's budget.
Rap and R&B Singer Akon Talks About His New Cryptocurrency ?Akoin? | CryptoGlobe
On 19 June 2018, as covered by CryptoGlobe, American rap and R&B singer, songwriter, record producer, entrepreneur, and philanthropist Akon, while in Cannes, France, announced his plans to launch a new cryptocurrency called Akoin with the aim of helping people in Africa. Last week, on 18 August 2018, via a report in Vice, we got an update on how the project was going. Back in June, Akon explained the motivation for the project: "I think that blockchain and crypto could be the savior for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilize it in ways where they can advance themselves and not allow government to do those things that are keeping them down."
Weiss Cryptocurrency Ratings Addresses Major Misconceptions About Crypto | CryptoGlobe
On Wednesday (1 August 2018), Juan M. Villaverde, who is a crypto -focused econometrician and mathematician at Weiss Cryptocurrency Ratings, in the latest issue of the "Weiss Crypto Alert" newsletter, addressed the major misconceptions around cryptocurrencies . (Please note that Villaverde's article is also available via the company's website.)  Villaverde says that despite the huge amount of work going on in the Distributed Ledger Technology (DLT) and cryptocurrency space, there are still some crypto skeptics (for instance, Nouriel Roubini ) who come out every so often to push the same old negative narrative, making comments such as "It's all worthless" or "It will all disappear in a puff of smoke". He says that he has found the following are four of the most common misconceptions about cryptocurrencies:
Robinhood's Zero-Fee Crypto Trading is Making a Fortune from Customers' Data | CryptoGlobe
The developers of Robinhood's zero-fee cryptocurrency trading app have been criticized for the lack of transparency in their business model. Founded in April of 2013 and currently valued at over $5.6 billion, Robinhood is reportedly charging high-frequency trading (HFT) companies over 10 times the amount they normally pay other brokerage firms for the same volume. Robinhood's founders aim to disrupt the traditional brokerage industry by providing zero-commission trading of fiat-based exchange-traded-funds (ETFs) and digital currencies. However, a closer examination of its business operations by the US Securities and Exchange Commission (SEC) has revealed that the California-based broker is selling its customers orders at huge premiums.
Hacker Livestreams 51% Attack On Bitcoin Private | CryptoGlobe
Geocold?, an ethical hacker?, announced on Reddit that he would be choosing a coin on which to perform a 51% attack for educational purposes?. After a failed attempt with Einsteinium (EMC2), the hacker eventually settled for Bitcoin Private (BTCP) and executed the attack live on twitch for everyone to see. The attack, however, did not go down smoothly. Over 750 viewers were tuned in when the twitch platform pulled the plug. Banning Geocold due to attempts or threats to harm others, the incident was most likely the result of multiple reports from members of the Bitcoin Private community. The hacker then moved to but was again blocked after 15 minutes. When the second stream died he already had a majority of the  hashrate and was able to mine BTCP blocks at will. He later reported on twitter:
ETC Labs Core - Established For Future Upgrades
ETC Labs , a San Francisco-based incubator for Ethereum Classic (ETC) related projects, has announced that a new team of developers will be working on maintaining and improving the Turing Complete, proof-of-work (PoW)-based blockchain network. According to ETC team's official blog post, the newly appointed group of developers will be working on core Ethereum Classic projects. Operating under the name ETC Labs Core, the development team will be tasked with supporting Ethereum Classic s blockchain. ETC Labs Core will also focus on facilitating the development of decentralized applications (dApps) on Ethereum Classic's platform. Additionally, the core developers will support other services related the blockchain network's maintenance including mining.
Crypto Exchange LedgerX Launches LXVX, the ?Bitcoin Fear Index?
On Monday (January 14th), United States-based cryptocurrency exchange, LedgerX , which is a federally-regulated institutional trading and clearing platform with approval to trade/clear swaps/options on cryptocurrencies (currently, only Bitcoin ), launched LXVX, its Bitcoin (BTC) Price Volatility Index. LedgerX, which was founded in January 2014 by Juthica Chou, Paul Chau, Paul L Chou, Zach Dexter, recently celebrated its five-year anniversary: Celebrating five years! Take a look at our #milestones, and gear up for the ones we'll be adding in 2019. #bitcoin #options #ledgerX
Crypto Exchange Cryptopia Hacked, Suspends Trading, Reports ?Significant Losses?
On Tuesday (January 15th), New Zealand-based cryptocurrency exchange Cryptopia announced that on Monday it had "suffered a security breach which resulted in significant losses." Cryptopia is a leading digital asset exchange in New Zealand with over two million users. At press time (10:15 UTC on January 15th), this was the image that greeted visitors to Cryptopia's website: The first tweet that Cryptopia sent out regarding this outage came at 06:55 UTC on January 14th, although at that time Cryptopia did not explain the reason for this "unscheduled maintenance": We are currently experiencing an unscheduled maintenance, we are working to resume services as soon as possible. We will keep you updated.
ETC Funds Safe @ Grayscale Investments
Grayscale Investments , the organization behind the Ethereum Classic Investment Trust (ETCG), a financial product that tracks the price of Ethereum Classic (ETC), has recently told a few investors that the funds in the product aren't at risk. Grayscale reportedly responded to client emails that expressed concern over their investments, in light of the recent 51% attack on ETC. According to CoinDesk the firm responded to its investors through an email, that wasn't sent to all those who put money in the fund. In the email, product development and research associate at Grayscale Matt Beck reportedly went into how 51% attacks work, and noted that the ETC Trust funds are not at direct risk of theft or double-spending. He was quoted as saying:

Titles not entered by Crypto.BI are Copyright(©) their original authors.