Crypto Market Suffers From Uncertainty in Asia, Losses… | News

Bitcoin and altcoins lost up to 40% of their value the morning of Tuesday, Jan. 16, as regulatory pressure from China and South Korea appears to upset optimism. Cross-exchange data from CoinMarketCap reveals the extent of bear sentiment arising from the confused situation in Seoul and the news of additional trading sanctions from Beijing. On Monday, Cointelegraph reported on how Korean authorities would likely stop short of an outright cryptocurrency exchange “shutdown,” but had introduced fines for users unwilling to use personal identification data on crypto exchanges in the country.…

Contest “Find the Crypto” | News

Cointelegraph is launching a new contest for all our art-lovers! The most attentive and loyal participant will receive 0.05 BTC! Good luck! Terms and Conditions: Daily, for 10 days we’re going to be posting on our social medias pictures with hidden cryptocurrencies (random number, there can be none of them in the picture). Each picture is going to be posted in only ONE of all our social medias. (Twitter, Facebook, Telegram). You need to count only existing cryptocurrencies. The first entry under the final picture with the correct number of…

Just One Person Found To Have Caused Bitcoin’s Jump Fr… | News

A recent paper on Bitcoin (BTC) price manipulation has shown that just one actor was likely responsible for driving the price of Bitcoin from $150 to $1000 in 2013. The paper, co-authored by Neil Gandal, JT Hamrick, Tyler Moore, and Tali Oberman, examines the suspicious trading activity that took place on the now-defunct Mt. Gox cryptocurrency exchange, and claims that it correlated with the sharp increase of the USD-BTC exchange rate in late 2013: “The USD-BTC exchange rate rose by an average of four percent on days when suspicious trades…

Bitcoin’s Price Just Dropped Over $1,300 in 1.5 Hours

  The price of a bitcoin has just plummeted by over $1,300 in little more than an hour. Having been on the slide in recent days, in large part seemingly due to new regulatory efforts to calm the enthusiastic crypto market in South Korea, chart analysis had indicated that bitcoin would recover and even return to $15,000 levels today. However, that did not happen. The cryptocurrency opened today’s session at $13,585, and reached a high of $13,601 before the sudden tumble at soon after 07:00 UTC that saw the price…

Warns Stellar Community Not to Log In to Site — Bitcoin Magazine

On January 13, an unknown hacker(s) hijacked the DNS server for BlackWallet.co, a web-based wallet for the Stellar Lumens cryptocurrency, and redirected it to their own server. Security researcher Kevin Beaumont, who analyzed the code, said, “The DNS hijack of Blackwallet injected code, if you had over 20 Lumens it pushes them to a different wallet.” It is estimated that nearly 700,000 Lumens (XLM) were stolen, with a current value of over $400,000. Warnings and alerts not to log into the BlackWallet site have been sent out by the BlackWallet…

New Report: Bitcoin Drug Money Laundering Is Highly Ce… | News

A joint report by Center on Sanctions & Illicit Finance and Elliptic, a cryptocurrency forensics firm, has indicated that Bitcoin laundering for illicit drug activity is a highly centralized process. The report’s authors, Yaya Fanusi and Tom Robinson, indicate that much of illicit Bitcoin is laundered through mixers, saying: “Mixers have consistently processed about a quarter of incoming illicit Bitcoins per year. The proportion laundered through exchanges and gambling combined has been roughly constant (66 to 72 percent). Of note, Bitcoin exchanges processed 45 percent of laundered Bitcoins, but, as…

Verge (XVG) Up By 600% In One Month, Could It Be The Next Monero

Verge (XVG) Up By 600% In One Month, Could It Be The Next Monero? A cryptocurrency that has been soaring for the past month is Verge (XVG), up by 600% over the last 30 days, now trading at $0.131028 as of 2 p.m. CST. Source: Coinmarketcap.com What Is Verge? Verge is a blockchain-based cryptocurrency that emphasizes on completely secure and anonymous transactions. It uses multiple anonymity-centric networks to achieve this. Originally created in 2014 under the name DogeCoinDark (not to be mistakenly associated with the meme-based Dogecoin), the coin was…

Watch Out Cryptokitties, The “World Of Ether” Crypto Game Is Taking Over

As the first Ethereum-based cryptocurrency centered game has all but simmered away, a new more in-depth game has emerged. Cryptokitties showed that there was a market need for gamified crypto assets, as nearly $19 billion USD sold, in these digital cats. However, the game lacked depth and game mechanics and World of Ether seeks to fill that void. World of Ether was founded by Alain Goldman, who is a co-founder of the largest Ethereum meetup group in the world, and his brother, Stanley Goldman, who is a senior developer at…

Bitcoin Higher, but Ripple, Ethereum, and Bitcoin Cash Plunge

After posting big losses in the last couple of sessions, bitcoin gained a lot of momentum in today’s trading, jumping almost 5% from the previous close. It is currently trading above the $14,200 mark with a market capitalization of $236 billion. Source: CoinMarketCap   However, three other major cryptocurrencies have been struggling during Monday’s trading, due to warning and cautions issued by several analysts and governments. The Indonesian government is new on the list after issuing a strong warning against cryptocurrency trading. They advised their citizens to avoid trading digital currencies amid…

Justin Sun Is Talking The Talk but What’s The Deal?

Many new TRON (TRX) investors seem to be at their wits end with the current bearish fall of the cryptocurrency, that once saw daily gains over 100, a few days in a row, in the first week of January. Justin Sun, TRX’s cryptocurrency founder, has a very impressive resume with being named in Forbes’ 30 under 30 Asia, just last year. He is the founder of China’s Snapchat, Peiwo, at only 27 years old. Many have backed the TRON (TRX) network and his cryptocurrency based off of his resume alone.…