Russian government hackers mined bitcoin to fund attacks

October 22, 2018

Distributed chaos . Image: writerfantast/ getty People are definitely expending bitcoin, just maybe not the kind of people supporters of cryptocurrency approval had in head. A lengthy indictment from the Justice Department dropped today, accusing seven Russian intelligence officers of conspiring to hack anti-doping agencies around the world in retaliation for their efforts to expose Russian athletic doping. And, at least in accordance with the US officials, the GRU hacking…

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Coinbase now lets you buy and sell ZRX

October 18, 2018

Coinbase’s newest asset is live. On Tuesday the popular U.S.-based cryptocurrency platform added support for ZRX, the token representing the 0x Project. On Coinbase, ZRX joins the rarified ranks of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin. It looks like Coinbase is preparing to add a lot more cryptocurrencies By showing its hand well in advance and being more transparent about its regulatory hurdles, the platform will hopefully avoid…

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Google just dunked on cryptocurrency

October 13, 2018

Yup.Image: s-cphoto / getty Google thinks your crypto is a joke.   The search and advertising giant released a new tool on Tuesday known as Call Screen, which helps Pixel owners screen unwanted calls. In a seemingly out of place move, the company used the product’s announcement as an opportunity to dunk on cryptocurrency.  SEE ALSO: Now any idiot can apply to list their altcoin on Coinbase To promote the…

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You can now pitch Coinbase to list your bad altcoin

September 26, 2018

Bring on the pumps ! Image: Peshkova/ getty Bring on the altcoin spring. Cryptocurrency exchange Coinbase razzed an opening of the shitcoin floodgates today with an announcement that it will allow issuers of obscure altcoins, tokens, and even digital collectables like CryptoKitties to officially apply to be listed on its exchange. At present, Coinbase only rosters a few cryptocurrencies — bitcoin, bitcoin cash, ether, ethereum classic, and litecoin — that…

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Crypto exchange claiming it’s ‘practically impossible’ to hack suffers hack

September 23, 2018

Whoops . Image: Ladislav Kubes/ getty I guess we shouldn’t be all that surprised. But still, they did say it would be practically impossible. The Japan-based cryptocurrency exchange Zaif suffered a major hack last week. It issued a statement on Thursday stating that approximately $59 million worth of bitcoin, bitcoin cash, and MONAcoin had been stolen by unidentified offenders. This, patently, is not good. What builds it perhaps worse is…

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Watching two bitcoin ‘celebs’ arguing poolside will scare you off crypto forever

September 22, 2018

Making pond parties seem lame since 2009. Image: screenshot/ coinsbank The cruise ship wasn’t big enough for the both of them. On September 10, somewhere in the Mediterranean, two well-known competitors in the cryptocurrency space stood awkwardly poolside. A mob, sporting a mix of cryptocurrency-themed t-shirts and bikinis, lounged nearby on the ship’s upper deck. One human, sweatpants sloshing in the water, steady-going a tripod. The Bitcoin versus Bitcoin Cash…

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Crypto exchange Kraken trolls NY attorney general after claim it may be acting unlawfully

September 20, 2018

Decentralized GFYS.Image: MADROLLY/GETTY IMAGES It probably wasn’t the smartest move.  Roughly 24 hours after a major report from the New York state attorney general’s office led officials to declare that the cryptocurrency exchange Kraken is “possibly operating unlawfully in New York,” the exchange apparently decided the best response was to thumb its nose at state officials. In a series of tweets from both the official Kraken Twitter account and the…

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Coinbase Doubles Down on the Future of Digital Identity

August 21, 2018

Earlier this year, the executors of #DeleteFacebook engaged in a kind of decentralized group therapy. Catharsis came in a zip file downloaded before omission, containing the data you shared with Facebook–your friends, your photos, your posts–and with it, the data Facebook shared about you: the ads you clicked, the roster of businesses that know where you live and where else you shop. A portrait of the modern digital identity–or, at…

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A verified ‘Donald J. Trump’ Twitter account is scamming cryptocurrency

August 14, 2018

Well, he* might* tweet something that stupid … Image: screenshot/ twitter President Donald J. Trump has made a lot of ridiculous promises over the performance of its job, but free cryptocurrency is still not one of them. Though you might be forgiven for supposing otherwise, as a verified Twitter account birthing his epithet today offered that very thing. Yep, the ether giveaway swindle we’ve be coming home with associate with…

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Bitcoin just passed $7 thousand so BRING ON THE MEMES

July 30, 2018

$1,000, 000 here we come ! Image: PESHKOVA/ GETTY Oh hell yeah. Bitcoin’s back, baby. After languishing in the depressing realm of the six thousands for what seemed like eternally, the cost of bitcoin has skyrocketed straight-out to the moon! Well, skyrocketed past $7,000, anyway. SEE ALSO: The only good thing to come out of Bitcoin is this inventory artwork feline Yes, friends, it’s time to join the multitudes of…

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Distributed blockchain conference offers a much needed dose of realism

July 29, 2018

It’s 8: 30 a.m. on a Thursday morning at the Westin St. Francis hotel in San Francisco, and the emcee is stoked . A booming welcome are worth a Vegas boxing match is being delivered over the PA as attendees at the Distributed blockchain conference gather to hear the gospel of “unlocking the world influence of decentralized business.” However, if the half-full auditorium is any manifestation, it’s a content that…

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Bitcoin Jumps Back Above $6,000 to Give Respite to Investors

July 23, 2018

The weekend is offering some reprieve for Bitcoin investors. The bellwether of the cryptocurrency world-wide rose 8 percent to $6,338.22 as of five: 30 p.m. in New York on Saturday, according to Bitstamp rates. The gain, which comes after the digital asset gate-crashed through the $6,000 threshold last week for the first time since February, signifies the token has still lost about two-thirds of its appreciate since reaching a record…

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Inside the Crypto World’s Biggest Scandal

July 14, 2018

One day in the spring of 2010, Kathleen McCaffrey, a sophomore at New York University, received an summon from a stranger called Arthur Breitman. On the basis of what Breitman had been told about her political persuasion by a reciprocal acquaintance, he envisioned she might want to join his monthly lunch for classical liberals.( Breitman had also insured a photo of McCaffrey and saw she was pretty .) McCaffrey, the…

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Cryptocurrencies Fall as Korean Exchange Says $32 Million of Coins Stolen

July 11, 2018

Cryptocurrencies declined after the second South Korean exchange in as many weeks said it was the main victims of a crime, refreshing frights about the safety of digital-asset trading venues. Bithumb, ranked seventh in the world by traded appreciate on Coinmarketcap.com, said here on Wednesday that about 35 billion won ($ 32 million) merit of coins were stolen. The exchange said it will compensate victims, adding that it has halted…

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Thailand Leads in Crypto by Skipping the Big Debate

July 4, 2018

Securities, or not securities. That is the crypto question. Except in Thailand. While regulators around the world have coped with the issue of what category digital monies and resources fall into, Thailand has hop-skip the debate altogether. Instead, employing situations of emergency decree that came into effect earlier this year, authorities wrote a totally new law. The result is the Securities and Exchange Commission is trying to ten-strike a balanced…

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Crypto Collapse Spreads WithHundreds of Coins Plungingin Value

July 2, 2018

The meltdown in Bitcoin is weighing on more than the most difficult cryptocurrency. Over 80 percent of 1,586 digital coins Finder.com racetracks in a weekly survey declined in price in the past seven days. The tokens fell 19 percent on average, Finder.com found in the week ended June 25. Trading volume lowered as well, refusing by 6 percentage from the previous week, Finder.com mentioned. Bitcoin, Tether, Ether, EOS and Bitcoin…

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SEC says bitcoin and ether aren’t securities

June 29, 2018

Clarity is good . Image: ULRICH BAUMGARTEN/ GETTY The world of cryptocurrency just got some much needed good news. With the prices of bitcoin and ether on a steady downward trend, the Protection and Exchange Commission today supplied hodlers with a twinkling of hope: Neither of the cryptocurrencies are considered protections. SEE ALSO: The only good thing to come out of Bitcoin is this inventory artwork “cat-o-nine-tail” So reports CNBC,…

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Coinbase makes it easier for hedge funds to trade Bitcoin

May 26, 2018

Coinbase’s new trading platform for institutional investors: Coinbase Prime . Image: Coinbase Cryptocurrency is running legit in a big way. Leading U.S.-based cryptocurrency exchange Coinbase is going after institutional investors with four brand-new major products, all of which cater to the needs of professionals and big-hearted institutions, establishing it easier for them to trade cryptocurrencies such as Bitcoin, Ethereum and Ripple. SEE ALSO: Facebook is working on its own cryptocurrency…

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Bitcoin Is One of the Few Things Surging in a Sea of Losses

May 22, 2018

financial markets, Bitcoin is still flashing green. The biggest cryptocurrency climbed as much as 5.4 percent Tuesday to $9,412, the highest since March 7. Bitcoin has gained 20 percentage in the past week and 37 percent in April, on track for its better month because it record-breaking December. Bitcoin is rebounding from its worse are beginning to a year ever, as it slumped more than 50 percent during the first…

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Coinbase CEO Brian Armstrong to talk the future of cryptocurrency at Disrupt SF

May 22, 2018

Coinbase has come a long way since its launch in 2012. The company has raised more than $225 million and paved the space for cryptocurrencies to enter the mainstream by providing a digital currency exchange. Which is why we’re absolutely thrilled to have Coinbase co-founder and CEO Brian Armstrong join us on the main stage at TechCrunch Disrupt SF in September. Armstrong operated as a developer for IBM and consultant…

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