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If the future is to bring an endless variety of cryptocurrencies and tokens, the world will need a wallet that can hold them all. Now, two of the most prominent startups in the sector are teaming up to entice developers to build just that. Announced Wednesday, decentralized internet startup Blockstack (through its venture capital fund, the Blockstack Signature Fund) and exchange platform ShapeShift are jointly offering a $50,000 bounty to the team or developer that makes the best open-source “universal” crypto wallet. Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Cryptocurrency exchange OKEx has suspended deposits of all ERC20 tokens after the alleged discovery of a serious bug in at least 12 smart contracts built to this token standard. In a statement published Tuesday, the Hong Kong-based exchange — third-largest in the world as measured by daily trading volume — announced the suspension of deposits, explaining that attackers have exploited a newly-discovered smart contract bug called Read more …

Gemini, the cryptocurrency exchange with Cameron and Tyler Winklevoss at its head, announced it had partnered with NASDAQ to monitor markets April 25. As a press release and multiple media outlets confirm, the move represents a first for exchange operator in the crypto sector, and will see Gemini use NASDAQ’s SMARTS Market Surveillance Technology. Going forward, Gemini will be alerted to unusual trading behavior and could mitigate the effects of market manipulation – a threat which continues to form a Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Gemini, the Winklevoss twins’ cryptocurrency exchange, has announced a partnership with Nasdaq to use the latter’s technology to monitor all trading pairs of its crypto marketplace. With the new agreement, Gemini will deploy Nasdaq’s surveillance technology, dubbed SMARTS, for increased oversight over its recently introduced block trading feature and all trading pairs including BTC/USD, ETH/USD and BTC/ETH, Gemini said in a statement on Wednesday. Further, the Read more …

Regulation The majority of South Korean cryptocurrency exchanges are implementing new self-regulatory rules and performing self-inspection. The industry group in charge of leading the efforts has clarified the differences between the new and old self-regulatory rules for its 23 exchange members. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Promoting Safe Crypto Trading Jeon Ha-jin’s interview. The Korean Blockchain Association, known for its efforts to spearhead self-regulation among the country’s cryptocurrency exchanges, Read more …

This article does not contain investment advice or recommendations. Every investment and trading move involves risk. You should conduct your own research when making a decision. Bithumb, South Korea’s largest cryptocurrency exchange, is on a mission to drastically improve the adoption of digital currencies in the country and evolve into a bank-like business to ensure its users can use cryptocurrencies with ease, like cash. Kiosks, ATMs, and Major Integrations In 2018, within a four-month period, Bithumb has secured partnerships with Read more …

The Binance exchange continues to make a lot of headlines. After its migration to Malta, the company has now struck a major partnership. Their new venture together with Changelly will result in more tokens, better rates, and faster transactions for users. It is symbolic how this partnership came to be through a meeting in Valletta, Malta. Changelly Steps up its Game In the cryptocurrency world, converting between different currencies can be a challenge. Rather than relying on cryptocurrency exchanges, people Read more …

Who thought giving something away could be so complicated? That’s the question crypto innovators have had to come to terms with since the concept of “airdrops” – or the practice of gifting tokens in massive giveaways – has come under the scrutiny of government regulators. But with the launch of a new product Wednesday, CoinList, an initial coin offering (ICO) facilitator spun out of the renowned startup incubator AngelList, is looking to streamline the process of airdrops in a way that doesn’t Read more …

Police in the northern Chinese city of Tianjin have seized 600 computers used to mine Bitcoin, after abnormal electricity usage attracted the attention of the local power grid operator, CNBC reports April 25. CNBC cites local media outlet Xinhua, which reported details from a local police officer saying that it was “largest power theft case in recent years,” and that “eight high-power fans” had also been seized. Xinhua has not reported when the equipment was confiscated, but five people are reportedly Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. The cryptocurrency markets made an early morning retreat on Wednesday, pressing pause on its extended bull run. The Ethereum price led the retreat with a nine percent decline, and altogether nine of the 10 largest coins and tokens lost value against the dollar, while four posted double-digit declines. Source: CoinMarketCap The major price action began Wednesday morning at approximately 2:30 UTC when the cryptocurrency market cap Read more …

Having rallied more than 50 percent this month, bitcoin is now witnessing a pullback. The cryptocurrency rose to $9,767 on Bitfinex earlier today – the highest level since March 12 – before falling back to $9,100. As of writing, bitcoin (BTC) is changing hands at $9,125. The 6.8 percent drop from the intraday highs signals bullish exhaustion near the gradually ascending (bullish biased) 200-day moving average (MA) at $9,835. Furthermore, the 4-hour chart below shows scope for a deeper pullback Read more …