Franklin Templeton considers new altcoin-focused crypto fund
Franklin Templeton is reportedly considering a private fund for institutional investors dedicated to altcoins.
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Blockchain’s demographics seem to be shifting in surprising ways, says new report
The reasons behind these changing tides were not immediately apparent, however. People in their 20s and 30s now appear to make up the majority of crypto traders worldwide. This represents a shift away from previous numbers, which indicated not so long ago that people in their 30s and 40s made up Blockchain’s main demographic.According to…
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Forbes Editor-in-Chief Believes Bitcoin Can Help Fight Authoritarian Govts
Forbes chairman and editor-in-chief Steve Forbes has described Bitcoin (BTC) as a “high-tech cry for help” driven by a lack of trust in traditional currencies.Speaking to Ark Invest CEO Cathie Wood on her company’s podcast, he said Bitcoin's challenge now is becoming a coin as trustworthy as gold — an assert that has earned its status the hard way…
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Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
Kris Marszalek, CEO of cryptocurrency exchange Crypto.com has become the latest crypto company promising to publish "audited proof of reserves," amid the downfall of rival exchange FTX. "We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," said Marszalek, adding that his company "will be publishing our audited proof…
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Report: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen
Hacker group “Lazarus,” reportedly funded by North Korea, has stolen a staggering $571 million in cryptocurrencies since early 2017, a study conducted by cybercrime company Group-IB reveals. Key takeaways from the study were published Tuesday, Oct. 16, alongside the full annual report, entitled “Hi-Tech Crime Trends.”The report, dedicated to hacks in 2017 and 2018, identifies…
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Level Up! 500 Games to Accept Altcoin as Payment for the First Time
A “made for gaming” cryptocurrency has become the first-ever altcoin to be accepted by a major gaming platform – in what is being described as good news for developers and players alike.MobileGO (or MGO for short) has been picked up by Xsolla, a company which aims to help content creators launch, monetize, and market titles.…
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Chinese Police Seize 4,000 Crypto Mining Units After Energy Spike
Police in China arrested 22 suspects allegedly involved in illegal crypto mining activity that led to energy loss worth of about $3 million, reports XinhuaNet, the official press agency of China, on July 12.Police in Jiangsu, China’s eastern-central coastal province, have reportedly seized 4,000 hardware units that were illegally used to mine cryptocurrency such as…
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Bitcoin-friendly Republican candidate JD Vance wins Ohio Senate primary
Ohio’s midterm election in November will feature a Democrat and Donald Trump-backed Republican who are both friendly to the crypto industry. 299 Total views 6 Total shares JD Vance has won the Ohio Republican Senate primary election, making him the GOP’s candidate in the highly anticipated Senate race against Democrat Tim Ryan in which both…
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Bitcoin hashrate drawdown hits bear market levels, but miners aren’t selling
Could miner capitulation signal that selling pressure is easing, or could it be the death spiral that takes Bitcoin out of its decade-long run?