The founder of Litecoin, Charlie Lee, recently announced that he is working to add privacy and fungibility features to the digital coin. The potential confidential nature of Litecoin sparked serious media attention. Lee has not put a specific time frame as to when the new privacy and fungibility solutions will be added to the coin,…
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We have all heard the stories of Bitcoin's first days, as pizzas were bought with thousands of coins. There are also stories that people committed suicide when they couldn't remember their passwords for their crypto accounts. Now, a new story makes headlines. The CEO of Canada’s largest cryptocurrency exchange died and took the password to his…
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According to Palo Alto Networks’ Unit 42, a multinational cybersecurity company, a new insidious malware strain, given the name “CookieMiner”, is targeting Mac users in order to compromise their cryptocurrency accounts. The firm noted that: The attack targets cookies associated with cryptocurrency exchanges that include Binance, Coinbase, Poloniex, Bittrex, Bitstamp, MyEtherWallet, and any website having…
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Historians have often said that the only people that truly prosper during a gold rush are the ones that sell pick axes, panning supplies, and other paraphernalia to the would-be miners. Fast forward to crypto mining today, and you have a replay of this maxim before our very eyes – Nvidia (NASDAQ:NVDA), a major supplier…
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Another day, another story about a crypto exchange losing millions in customer deposits, but this story has a bizarre twist that is almost too weird to believe. QuadrigaCX, once the largest Bitcoin-focused exchanges in Canada, revealed today that it could not refund $190 million of client deposits in Bitcoin, Litecoin, Ether, and fiat currency holdings.…
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Analysts are still grappling with the reasons why the crypto market shed nearly $10 billion of market cap last week. Bitcoin, the market leader by far with a 53.4% market share, had suddenly slid from over the $3,500 threshold down to below $3,400. It has since climbed back over this figure, but industry talking heads…
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Ethereum, along with other major alt coins, has taken a major price decrease since its glory days in 2017, when the coin was trading for as high as $1,500. While the price may be going down, the interest in Ethereum Classic is not subsiding at all. As with many major alt coins, the price of…
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Bitcoin is undeniably having a very bad year. The cryptocurrency was trading at $20,000 at the end of 2017. Fast forward to the beginning of 2019, the coin is trading at around $ 3,500. However, cryptocurrency and fintech experts predict that Bitcoin can soar by 84% by the end of this year. The most vocal…
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HBUS, operators of U.S. digital asset marketplace, Huobi.com, has just announced that it has launched fiat-to-crypto trading. HBUS has announced the rebranding of their retail trading service from HBUS.com to Huobi.com last month. Huobi.com clients can now make USD deposits and withdrawals ($100 USD minimum), and trade against bitcoin (BTC), ethereum (ETH) and Tether (USDT).…
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UK financial regulator Financial Conduct Authority (FCA) has announced that it has fined Paul Stephany, a former fund manager at Newton Investment Management Limited, £32,200 for his conduct in relation to an Initial Public Offering (IPO) and a placing. Stephany risked undermining the integrity of the market and the book build by trying to use their collective…
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