Contributor News , stream “ It was, by any reckoning, a huge haul. Between $400 million and $534 million dollars of NEM stolen, depending on whether you go on its value at the time or once the market had reacted to the news. At a press conference on Friday afternoon, the stunned Coincheck team painted…
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Coincheck Faces Pressing Questions in the Wake of the World’s Biggest Hack – Universal Coin Trade
Coincheck Faces Pressing Questions in the Wake of the World’s Biggest Hack Wallets It was, by any reckoning, a huge haul. Between $400 million and $534 million dollars of NEM stolen, depending on whether you go on its value at the time or once the market had reacted to the news. At a press conference…
“Biggest Theft In Crypto History”: Over $400 MILLION Stolen From Japanese Crypto Exchange
– “Biggest Theft In Crypto History”: Over $400MM Stolen From Japanese Crypto Exchange: Earlier today we reported that cryptocurrencies tumbled overnight after one of the most popular – if unlicensed – Japanese exchanges, Coincheck, halted withdrawals of funds and cryptos amid broad confusion as to what prompted the halt. Additionally, Coincheck said it had stopped…
Most Cryptocurrencies Are More Centralized Than You Think
74 Most Cryptocurrencies Are More Centralized Than You Think The whole point of cryptocurrencies is that they’re decentralized. Peer-to-peer cash; trustless exchange; bypassing intermediaries. So why are numerous cryptocurrencies structured more like central banks? From adjusting wallet balances to controlling nodes, many crypto projects behave just like the financial institutions they were meant to replace.…
Over $400 Million Stolen From Hacked Japanese Cryptocurrency Exchange
0 SHARES Earlier today we reported that cryptocurrencies tumbled overnight after one of the most popular – if unlicensed – Japanese exchanges, Coincheck, halted withdrawals of funds and cryptos amid broad confusion as to what prompted the halt. Additionally, Coincheck said it had stopped deposits into NEM coins, a hint that something was very wrong…
What You Need to Know About Bitcoin and Cryptocurrency Taxes
Twitter It’s an exciting (and frustrating) time for Bitcoin and cryptocurrencies. In late 2017, numerous coins experienced soaring growth Bitcoin Explained: Why Is It Worth So Much Money? Bitcoin Explained: Why Is It Worth So Much Money? Bitcoin is skyrocketing in value, but should you invest or is a crash coming? Let’s look at what…
Coincheck Halts Operations Amidst Hacking Rumors After $723 Million Withdrawn – Bitcoin News
Coincheck Halts Operations Amidst Hacking Rumors After $723 Million Withdrawn Jan 26, 2018 One of Japan’s largest cryptocurrency exchanges has halted all withdrawals amidst rumors of a large-scale hack. Ripple worth $123 million was withdrawn from its wallet on Friday January 26 along with a single withdrawal of 500 million NEM, with the altcoin’s foundation…
The Definitive Guide to Past and Upcoming Bitcoin Forks – Bitcoins Channel
The Definitive Guide to Past and Upcoming Bitcoin Forks Date: in: Bitcoin 27 Views Bitcoin is one of the hottest buzzwords right now. No matter where you look online somebody is talking about it. And being at record high-level prices, that makes a lot of sense! Although still a highly volatile market, cryptocurrencies are rapidly…
Dr. Michael Yuan: Due to scalability, no one is using BTC as currency – Wu Wei Dao
Source : Dr. Michael Yuan: Due to scalability, no one is using BTC as currency With the rise of cryptocurrencies and their continued adoption globally comes the problem of maintaining performance and scalability. CoinGeek.com’s Stephanie Tower engaged Dr. Michael Yuan, Chief Scientist at 5miles, in a conversation on cryptoeconomics. Due to the computationally intensive requirements…
An Inside Look at TRON (TRX) Founder Justin Sun
January 26, 2018 6462 TRON (TRX)– Adapted from his recent interview with Tron.Live, here are a few insights from Xu Le (CEO of Game.com, a major partner of TRX) into the tireless, and at times controversial founder of Tron, Justin Sun. Overcoming TRON Skeptics Le admits that when he first looked into Tron, predating the…