Italian crypto exchange Altsbit announced that it will close in May 2020 after losing about $70,000 in a hack on Feb. 5. Altsbit, a small cryptocurrency exchange that lost “almost all funds” in hack on Feb. 5, will shut down its services in May 2020. After Altsbit first reported on the hack on Twitter on…
Read more
Edge, the web browser of information technology giant Microsoft, now blocks cryptojacking malware. Edge, the web browser of information technology giant Microsoft, now blocks cryptojacking malware. A Microsoft Edge spokesperson told Cointelegraph on Feb. 10 that the latest version of the web browser features a new PUA (Potentially Unwanted Apps) blocking feature that may block…
Read more
A lot of cryptocurrency holders prefer to use crypto for daily transactions. Have they been disappointed by businesses? There are many reasons why people own cryptocurrencies. One is to store cryptocurrencies as value due to the limited supply of coins like Bitcoin. Some people store cryptocurrency for speculation — meaning they aim to make a…
Read more
Ukrainian authorities said that crypto mining does not require regulatory activity from governmental oversight bodies or other third-party regulations. Ukrainian authorities said that crypto mining does not require regulatory activity from governmental oversight bodies or other third-party regulations. In its manifest on virtual assets published on Feb. 7, the Ministry of Digital Transformation of Ukraine…
Read more
Japanese lawmaker Kozo Yamamoto said today that the government should include the digital yen plan in its mid-year policy. Another Japanese lawmaker has publicly called for the swift development of the digital yen. The head of the banking and finance systems research commission at Japan’s Liberal Democratic Party, Kozo Yamamoto, said today that the country…
Read more
A report published by VanEck suggests that institutional investors should allocate a small percentage of their capital to Bitcoin. A report published by investment management firm VanEck on Jan. 29 suggests that institutional investors should allocate a small percentage of their capital into Bitcoin (BTC). Per the report, “Bitcoin may enhance the risk and return…
Read more
Bitcoin breaks through $10,000 and some experts believe it can hit $100,000 at the end of December 2021. Bitcoin price has surpassed $10,000 on Feb. 9, breaking its key psychological level and in doing so reached its highest point since October last year. But to many, $10,000 is just the beginning before the top cryptocurrency…
Read more
American provider of investment data Weiss Ratings has ranked Bitcoin as “excellent” by assigning it an A- grade. American provider of investment data Weiss Ratings has ranked Bitcoin (BTC) as “excellent” by assigning it an A- grade due to strong price performance. Bitcoin upgraded thanks to improving fundamentals In a tweet published on Feb. 7,…
Read more
Not all noncustodial exchanges are true to the terms, but they may still provide a safer service than centralized exchanges. Despite centralized cryptocurrency exchanges suffering nearly $300 million worth of hacks during 2019, many digital currency traders continue to hold significant sums of capital on centralized exchange platforms. While many noncustodial crypto services have launched…
Read more
Crypto derivatives exchange FTX has created a new, specialized futures contract for traders to bet on President Donal Trump’s reelection in 2020. Cryptocurrency derivatives exchange FTX has created a new, specialized futures contract for traders to bet on President Donal Trump’s reelection in 2020. Dubbed TRUMP-2020 (TRUMP), FTX announced on Feb. 5 that the contract…
Read more
