Archive | altcoins

Asian Altcoin Trading Roundup: Top Cryptocurrency is Polymath

FOMO Moments A Sunday pull-back is becoming almost regularity in the crypto markets and a red Monday morning is the result.  Bitcoin made it to a weekly high of $11,300 before cooling off a little and retreating back to $10,600 where it currently trades. The correction has taken all of the altcoins with it and […]

Petro: Risky Gamble or Golden Opportunity?

Venezuela’s “Petro” cryptocurrency will attract investments from Turkey, Qatar, the U.S., and Europe, the country’s cryptocurrency regulator, Carlos Vargas, told reporters on Friday. The Petro will be offered for sale this Tuesday, February 20th, and comes as Venezuela is suffering from quadruple-digit inflation and chronic shortages of food and medicine. Venezuelan President Nicolas Maduro announced the launch […]

Cryptocurrencies Surging in Africa as Alternatives to Traditional Banking

Africa is rarely considered to be one of the larger markets for cryptocurrencies, but with the right factors in place — such as an increasingly tech-savvy populous and inflation triggered by central banks — that might be set to change. Case in point: The surge in popularity of cryptocurrencies has contributed to the opening of […]

The Jenkins Miner is the Biggest Botnet Mining Monero

Cryptocurrency mining operations come in many different shapes and sizes. 0Running a profitable Bitcoin mining firm requires a lot of hardware and space. For altcoin mining, things are very different. Unfortunately, the Jenkins Miner is not a legitimate operation. Although it is the biggest of its kind, it’s 100% malicious. It also seems to be […]

CFTC Warns Against Cryptocurrency Pump-and-dump Schemes

The rising popularity of cryptocurrencies is of great concern. Especially when it comes to pump-and-dump schemes, there’s reason to be concerned. As such, the CFTC issued an official warning against this type of market manipulation. They advise customers to avoid such schemes, especially when it comes to small and new altcoin markets. It is evident […]

Swiss Financial Regulators Publish “Pretty Reasonable” ICO Guidelines

FINMA, the Swiss Financial Market Supervisory Authority, yesterday published guidelines explaining to organisers and investors how existing financial legislation would be applied to initial coin offerings. The document also details the criteria by which the regulator will judge each fundraising effort. The aim is to dispel uncertainty in the space and should allow investors and […]

Could the Small Industrial Towns of Canada Provide the Ideal Home for Crypto Miners?

Cryptocurrency mining is more competitive than ever. With enormous rig constructions consuming more energy than many of the nations of the world dominating the once cottage industry, cutting every possible cost is vital. For this reason, miners like cool climates where electricity is cheap. Endless rows of components brute forcing numerical combinations to release cryptocurrency […]

Patent Stockpiling: Bank of America Holds 45 Crypto-Related Patents

A patent grants its holder exclusive rights to an invention, such as a piece of technology, for a certain period of time. While designed as a means of protecting the intellectual property of inventors, the system is not without its critics who believe that patenting deters innovation and wastes resources. Consider crypto founding fathers like […]

Chicago Crypto Trader Kim Embezzles $2 Million Worth Of Funds

A trader at Consolidated Trading LLC faces allegations of wire fraud in the amount of $2 million. Joseph Kim, 24, is accused of embezzling funds in both Litecoin and Bitcoin from his employer’s coffers. The case is something of a landmark in that it is the first criminal prosecution to involve the cryptocurrency trading industry. […]

Atari Partners with Infinity Networks Ltd to Launch Own Cryptocurrency: Atari Token

Atari, the company behind such nostalgic video games as Pac-Man and Pong, is planning to launch its own cryptocurrency, Atari Token. Shares in the Paris-based company have soared more than 60% since it gave further details of its crypto push on February 8th, after originally outlining some of the plans in December. To make it possible, the company […]

0x Introduced in South Korea, Will Upbit Leads its Momentum?

South Korea has quickly become a critical region for all cryptocurrencies. Any local exchange is of great interest to both Korean and international traders. When companies such as Upbit add a new coin to be traded, there will be a genuine interest in it. In the case of 0x, it will be interesting to see […]

CoinHoarder Steals Over $50 Million in Cryptocurrencies Using Google Ads

According to a report published Wednesday, February 14th by Cisco’s Talos Intelligence Group, a team of Ukrainian hackers dubbed CoinHoarder has stolen more than $50 million in cryptocurrency from users who were under the impression they were accessing Blockchain.info, one of the most popular providers of virtual currency wallets. The report details how thieves preyed […]