Month:April 2019

Galaxy Investor Keeps Shooting for the Stars Despite Substantial Setbacks

Back in 2018, Galaxy Digital Holdings, a crypto investment bank, faced a massive financial setback, losing over 272 million. However, Michael Novogratz, who holds the majority stake, seems unruffled by the financial turbulence. Despite a tough year for many in the crypto space in 2018, none were as prominent as Michael Novogratz and his three-quarters stake in Galaxy Digital Holdings.

Latest Cyber Attack on Outlook Targets Crypto Wallets

Earlier this month, Vice News' Motherboard revealed an alarming breach in Microsoft Outlook accounts, leading to compromised emails. As details unfold, several victims report losses of their cryptocurrency due to the hack. Motherboard's initial findings...

Are Crypto Credit Cards On The Way?

Online demos have surfaced for a new Bitcoin credit card, showcased by none other than John McAfee. But is it the real deal? This American software magnate and possible future presidential contender took to Twitter to hype up a card promising Bitcoin payment capabilities at any location.

Jaguar Land Rover to Implement IOTA Currency in Vehicles

The esteemed car maker, Jaguar Land Rover, has unveiled plans to integrate smart contract technology into new car models. These vehicles will reward users with IOTA cryptocurrency for consenting to share data. Following the announcement from the UK's leading vehicle manufacturer...

Russia Begins Initial Steps Toward Cryptocurrency Integration

Historically, the Russian government has been inclined to restrict technologies challenging its control, but there's a change in the wind regarding cryptocurrency. Recently, a draft bill from the Ministry of Economics outlines new regulations for crypto transactions in four regions.

Bitfinex Denies NYSA Allegations as 'Unfounded'

Bitfinex recently informed its users through a communication that accusations levied by the New York State Attorney lack merit. Bitfinex and Tether, under shared leadership, are currently navigating turbulent waters, and tensions remain high as...

Report Highlights End of Crypto-Jacking Trend

Mining crypto illicitly on unwitting computers seems to be fading into obscurity, according to new insights from MalwareBytes. They released a report earlier this week pointing out a significant drop in such unauthorized activities targeting consumers.

China Finances Development of 'Blockchain City'

Offshore of Malaysia, in the Malacca Strait, a Chinese-funded 'blockchain city' is in the works. The project is a partnership between China Wuyi and SWT International Sdn Bhd, aiming to develop a pivotal hub in this essential shipping lane.

Gene Simmons: No Resuscitation Needed for Bitcoin

The flamboyant Kiss legend, Gene Simmons, has thrown his endorsement behind Bitcoin and its promising prospects. While the future remains uncertain, he believes the past suggests betting against it isn't wise. This perspective comes via Anthony Pompliano, co-founder of Morgan Creek Digital.

Bitfinex Withdraws $90 Million from Cold Wallet Amid Controversy

Following recent reports, Tether addressed claims it covered Bitfinex's alleged $89 million losses; they share a CEO. The plot thickens as Bitfinex recently moved $90 million from a cold wallet, though the precise motivations remain unclear.