Tag Archives: Cryptocurrency

Crypto Ads to Be Prohibited on Google

Crypto Ads

You won’t be seeing cryptocurrency ads on Google anymore starting this June. The Internet search giant announced on Wednesday a blanket ban on cryptocurrency ads as well as announcements related to the virtual currency like initial coin offering (ICO). The announcement of the ban on cryptocurrency ads, which was contained in an update to Google’s advertising policies section, did not …

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Want to Know the Status of Your Bitcoin Investments?

Bitcoin Investments

Are you a so-called crypto-investor but want to monitor your Bitcoins? Because the virtual currency world is a volatile one, rules with regard investing in stocks where you can get high dividends or assets with low risks of losses don’t apply there, according to a Mashable article. “There are no low-risk assets. Prices swing up and down in double-digit percentages …

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Cryptocurrency Bubble Burst Won’t Occur

Cryptocurrency Bubble

The former boss of the Commodity Futures Trading Commission (CFTC) believes that the cryptocurrency bubble is unlikely to burst. A Forbes report said Jim Newsome, who serves as an adviser to cryptocurrency developers, exchanges, and miners, explained on Thursday that the digital currency industry “is too immature and big money isn’t there as institutional investors sit on the sidelines because …

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Experts See the Global Currencies Replaced Soon by Cryptocurrencies

Cryptocurrencies

Cryptocurrencies such as Bitcoin, Ethereum, Ripple will replace traditional world currencies like the U.S. dollar, Euro and pound by 2030, according to futurologists. Futurist and author Thomas Frey told Time: “Cryptocurrency is very much here to stay.” “Cryptocurrencies are going to displace roughly 25 percent of national currencies by 2030. They’re just much more efficient, the way they run.” Frey …

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Unknown Cryptocurrency Enthusiast Buys $400M in Bitcoin

Cryptocurrency Enthusiast

An unknown follower of the cryptocurrency business has purchased $400 million in Bitcoin (BTC). The buyer is apparently following the cryptocurrency investment advice “Buy low, sell high,” according to Use The Bitcoin (UTB). The purchase comes just as the price of Bitcoin plunged last week after reaching a record high in December last year. Date of Purchase UTB quoted Bitcoin …

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EtherDelta Suspends Service After Hack

EtherDelta

  Famous cryptocurrency exchange company EtherDelta has suspended its operations after being hacked. Hackers replaced the company’s website with a fake portal that steals money, according to a Mashable article. EtherDelta Statement EtherDelta reported that “at least 308 ETH” (equivalent to $266,789) were stolen, along with “a large number of tokens potentially worth hundreds of thousands of dollars.” TechCrunch said …

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Bitcoin Tycoon to Give $86M Worth of Bitcoins to Charity

Bitcoin Tycoon

A Bitcoin (BTC) tycoon announced that he would be giving away a little over 5,000 bitcoins worth $86.4 million to charity. (Read: What’s Bitcoin?) The anonymous cryptocurrency “whale” (another term used to describe those who own lots of bitcoins) announced on Reddit that he has set up the Pineapple Fund for his philanthropic endeavor. A website was also created for …

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Bitcoin Mega-Heist: Company Loses Millions of Dollars

Bitcoins

Bitcoin Mega-HeistHackers “stole” an approximate $80 million worth of Bitcoin from NiceHash – a cryptocurrency mining company based in Slovenia. (Read: Millions ‘Stolen’ in NiceHash Bitcoin Heist) In a six-minute Facebook livestream, the company’s founders, Marko Kobal and co-founder Sasa Coh, apologized for the incident and assured customers that they are doing all they can to recover the stolen Bitcoins. …

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