Cryptocurrency News

For the second time in as many months, the popular privacy coin Verge has fallen victim to a 51% attack on its network, with attackers netting 35 million XVG, worth around $1.75million at the time of the attack. Even more concerning, the method of attack seems to be nearly identical …

Chen Weixing, CEO of gaming app developer Funcity and former founder of Chinese ride-hailing app Kuaidi Dache, has revealed plans to build a blockchain-based ride-sharing equivalent to Uber. The new platform, announced Sunday at a post-event function after the 2018 Guiyang BigData Expo, will be developed in partnership with Yang Jun, …

Here’s what happened this week in Bitcoin in 99 seconds.     Despite continuing mainstream adoption and technical improvement, Bitcoin spent the latter half of the week in the mid-$7,000 range, having failed to hold the $8,000 level. Argentina’s Banco Masventas revealed that it would be exiting the SWIFT payment …

The general crypto vibe is still bearish. Even if there are announcements supportive of individual cryptos as Bitcoin, we are not seeing any strong movement on the charts. Only lower lows and negative gains across the board is what we see. Despite everything, news of US DoJ and CFTC looking …

Central bankers are being warned by researchers that the crypto revolution will overtake the system they are in-charge of preserving. Recently, British economic historian and author Niall Ferguson told the Bank of England that Bitcoin is the financial system of the future. Also Read: This Week in Bitcoin: McAfee’s Bullish …

That decision will cost you half a cent. Are you sure that’s the right move? If you’re a gamer, decentralized applications (dapps) hold an enticing promise: you might finally be able to truly own virtual in-game items and accumulate them without worrying about a company changing the rules and taking them away. …

Key Points Bitcoin price remained in a bearish zone above the $7,000 support against the US Dollar. There is a key declining channel forming with resistance at $7,600 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair has to stay above the $7,200 and $7,000 …

An initiative to erect a monument of Satoshi Nakamoto in Ukraine’s capital is gaining momentum and support. The idea is to place the statue right where the red Karelian stone figure of Lenin used to stand, before it was taken down almost five years ago. The project is said to …

Mic Bowman is a principal engineer at Intel and a member of CoinDesk’s advisory board. Camille Morhardt is the director of IoT strategy at Intel.  The following article originally appeared in Consensus Magazine, distributed exclusively to attendees of CoinDesk’s Consensus 2018 event. The edge is messy. And the edge, where …

The price of Bitcoin has faced unexpected downward pressure in May as Consensus 2018 did not produce enough enthusiasm for a bullish move. Analyst Willy Woo said the virtual currency may only find its upside in Q3/Q4 2018. Until then, bulls may find bid opportunities at prices as low as …