Judge Rules Against ICO Founder in Fraud Lawsuit
A federal judge ruled against Monkey Capital and Daniel Harrison after finding he defrauded victims in an initial coin offering.
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Reddit Rolls Out ‘Community Points’ on Ethereum to Incentivize Positive Behavior
May 14, 2020 at 02:07 UTCUpdated May 14, 2020 at 02:27 UTCReddit has rolled out its community points built on the Ethereum blockchain. (BigTunaOnline / Shutterstock)Reddit Rolls Out ‘Community Points’ on Ethereum to Incentivize Positive BehaviorReddit has expanded its "community points" trial, offering users a way to earn a "piece of their favorite communities," built…
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Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job
news South Korean crypto exchange Bithumb has had around $13 million in the EOS cryptocurrency stolen in a hack it suspects was an insider job. The company confirmed in statement on Saturday that it first spotted an “abnormal withdrawal” of the cryptocurrency through its monitoring system at 22:00 Korean time (13:00 UTC) on Friday, March 29. The…
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Blockchain Bites: Bitcoin’s ‘Rich List,’ Ethereum’s Volatility, DeFi’s Shakeup
Aug 25, 2020 at 16:08 UTC(Tristan Gassert/Unsplash)Blockchain Bites: Bitcoin’s ‘Rich List,’ Ethereum’s Volatility, DeFi’s ShakeupThere are more addresses than ever as part of Bitcoin’s “rich list,” the Federal Reserve is looking to change tack on inflation and another firm is putting its cash reserves into bitcoin, not a bank account. You’re reading Blockchain Bites, the daily…
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Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving
Daily chart (CoinDesk BPI)Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin HalvingWith less than a week to go before the expected May 12 halving event, bitcoin's price is swinging upward. The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue…
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North Korean Hacking Group May Be Behind Malware-Laden Fake Crypto Site
Dec 4, 2019 at 11:54 UTCUpdated Dec 4, 2019 at 11:54 UTCNorth Korean Hacking Group May Be Behind Malware-Laden Fake Crypto SiteA new and hard-to-detect macOS malware variant has been discovered lurking on a fake cryptocurrency trading site.Discovered by malware researcher Dinesh Devadoss, the malicious code is believed to have been developed by the notorious…
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Taking the TON Out of Telegram
Jan 6, 2020 at 21:24 UTCUpdated Jan 6, 2020 at 21:41 UTCLast week, the US government took out a key Iranian military leader. As the world - and the markets - reacts to the news, some are asking what happens with bitcoin. With global instability on the rise, will more people turn to bitcoin as…
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Crypto Trading Platform BitMEX ‘Attempted to Evade’ US Regulations, CFTC, DOJ Charge
Oct 1, 2020 at 15:54 UTCUpdated Oct 1, 2020 at 16:44 UTCArthur Hayes, CEO of HDR and BitMEX, at CoinDesk Consensus 2018.(CoinDesk archives)Crypto Trading Platform BitMEX ‘Attempted to Evade’ US Regulations, CFTC, DOJ ChargeThe U.S. Commodity Futures Trading Commission (CFTC) and federal prosecutors are charging crypto trading platform BitMEX with facilitating unregistered trading and other…
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Holiday Spending up 14.6% as E-Commerce Beats Brick-and-Mortar
Dec 26, 2019 at 19:00 UTCUpdated Dec 26, 2019 at 19:16 UTCE-commerce sales hit record highs this year as Americans continue to move their holiday shopping online.According to Mastercard’s SpendingPulse report, online retail grew 18.8% over last year’s holiday season. That’s enough to make online sales a record 14.6% of holiday shoppers total spend, the…