Crypto Exchanges Pause Services Over Contract Bugs

As many as a dozen or more ethereum-based ERC-20 smart contracts have been found to contain bugs that let attackers create as many tokens as they want. While the bugs – first identified on April 22 and April 24, respectively, in a pair of posts published by a group called Coinmonks – aren’t tied to the ERC-20 standard itself, the issues prompted a number of exchanges to suspend ERC-20 tokens as they investigate. Those exchanges included OKEx, Poloniex, Changelly, Quoine and HitBTC. Read more …

After Two Weeks Of Gains Markets Are Down Across The Board, Bitcoin Below $9,000

Bitcoin (BTC) is trading below $9,000 today, as the market dips significantly after two weeks of gains, Coin360 data shows. BTC is currently trading around $8,848 after reaching $9,708 at one point earlier today, now down around 5 percent over a 24 hour to press time. Ethereum (ETH) is back below $700, trading at around $607 by press time and down about 12 percent over a 24 hour period. Of the top ten coins on CoinMarketCap, only EOS is up, Read more …

Multiple Exchanges Suspend ERC20 Token Trading Due To Potential BatchOverflow Bug

Crypto exchange Poloniex has suspended all ERC-20 (Ethereum-based) token deposits and withdrawals, and HitBTC has initiated an internal inspection that takes deposits and transfers offline, following OKEX’s decision to halt ERC20 deposits earlier today after the discovery of a potential new smart contract bug called batchOverFlow. We’ve temporarily suspended ERC-20 token deposits and withdrawals while we review all smart contracts for exposure to the reported batchOverflow bug. We take any reports of vulnerabilities very seriously to ensure that customer funds Read more …

82% Of Institutional Investors ‘Believe Bitcoin Has Bottomed,’ Fundstrat Survey Finds

Fundstrat Global Advisors cofounder Tom Lee has revealed traditional finance strongly favors cryptocurrency after a personal survey convinced him “big money” will soon enter the market. Lee: Results Are ‘Leading Indicator’ For Crypto Capital Influx Uploading the results of a questionnaire he delivered to invitees of a small gathering April 23, Lee, who is famous for his positive Bitcoin price outlook, said the “small group” of institutional investors “believe BTC has bottomed.” Attending were a crypto and traditional macro hedge Read more …

We’ll ‘Certainly Consider’ Becoming a Crypto Exchange

Join our community of 10 000 traders on Hacked.com for just $39 per month. Nasdaq, the world’s second-largest stock exchange with a $9 trillion market cap, is open to becoming a cryptocurrency exchange in a regulated market. In a televised interview with CNBC’s Squawk Box, Nasdaq CEO Adena Friedman was asked of the position taken by Nasdaq’s board and herself on cryptocurrencies, specifically as a service provider. “A lot of people are frustrated that even if they go into [the Read more …

The Long-awaited Bitcoin Price Uptrend has Arrived, Experts Claim

There is a lot of positive momentum as far as Bitcoin is concerned. Even though the price is struggling a bit right now, experts are convinced things will keep improving. This recent Bitcoin price rise has caused a lot of speculation and confusion. It seems the upcoming technical upgrades, combined with big investors, are to blame for this sudden change of pace. Everything Comes up Bitcoin The year 2018 has not been too great for Bitcoin and other cryptocurrencies thus Read more …

Meet SKYFChain at CRYPTO TIMES Night #1 in Tokyo

On 8 May 2018, there’s a unique chance to meet SKYFChain at CRYPTO TIMES Night #1 in Tokyo. It is the first theme event of the CRYPTO TIMES — a cryptocurrency web media in Japan launched in February 2018. SKYFChain blockchain platform representatives will be present for a special pitch and talk session with Carciel, an aerospace and defense consulting firm. CRYPTO TIMES is launching a series of events based on various themes, inviting the most promising companies and the Read more …

Gamblica: A New Addition in Blockchain-Integrated Online Gambling Industry

Gamblica is an online blockchain-based, unique casino that offers a wide range of gambling activities including roulette, slot machines, poker room, sports betting etc. The platform running on completely transparent and secure smart contract system is presently in the midst of a successful token sale by raising over 1300 ETH to date. With the crowdsale set to end by June 1, 2018, Gamblica is inching towards achieving the set CAP of 1500 ETH much sooner than expected. Currently, the platform Read more …

EOS Is Nearing An All-Time Price High

EOS is reporting gains on a down day for the wider crypto markets and may soon rally to fresh all-time highs. As of writing, the world’s fifth largest cryptocurrency by market valuation is changing hands at $14.61 – up 7.6 percent in the last 24 hours, according to CoinMarketCap. Meanwhile, most other major coins are flashing red. For instance, bitcoin is reporting 1.2 percent drop, bitcoin cash and IOTA are down 12 percent each and names like ethereum (ETH), Ripple Read more …

82% of Institutional Crypto Investors Believe Bitcoin Price Has Bottomed

Join our community of 10 000 traders on Hacked.com for just $39 per month. Institutional investors that have already invested in cryptoassets and are long-term bullish on the industry believe that the Bitcoin price has already bottomed out and will end the year above where it is currently trading. That’s according to an informal survey conducted by Wall Street strategist Fundstrat Global Advisors, who administered it at a recent lunch attended by institutional cryptocurrency investors. CRYPTO: We hosted a small Read more …

Indian Exchange Zebpay Launches Crypto-to-Crypto Trading

Exchanges A leading cryptocurrency exchange in India, Zebpay, has introduced crypto-to-crypto trading on its platform. The launch closely follows the Reserve Bank of India banning banks from servicing crypto exchanges. Meanwhile, Zebpay celebrated its 3 millionth app download. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Crypto-to-Crypto Trading Indian cryptocurrency exchange Zebpay has launched its first crypto-to-crypto trading pair. Established in 2015 and headquartered in Mumbai, Zebpay claims to be India’s largest Read more …

China Continues Bitcoin Mining Crackdown by Seizing 600 Computers

China is a country which has a growing dislike for cryptocurrency and all related activities. The PBoC officially forbade CNY-based trading several months ago. It now appears the government is extending its crackdown to domestic Bitcoin mining operations. A total of 600 computers and other pieces of hardware were confiscated in Tianjin earlier this week. Illicit Bitcoin Mining in China According to sources, the investigation began due abnormal electricity usage in Tianjin. One of the local energy operators reported this Read more …