Ripple’s native cryptocurrency, XRP, is on a bull run. According to CoinDesk data, the price of XRP is up over 1,000 percent in just the last month alone, eclipsing $3.50 per coin Thursday after spending much of 2017 under $0.30. With a market capitalization above $120 billion, the token has usurped ethereum as the No. 2 cryptocurrency after bitcoin, and social media is rife with speculation about when it might take first place. For instance, according to a tweet from Read more …
Researchers have published a report on two hardware bugs that allow programs to steal sensitive data on affected devices, which is “most” devices worldwide. For crypto users, these bugs are a direct threat to the security of their private keys, making the need for secure hardware storage of crypto funds even more pressing. How do the bugs work? The two bugs, known as Meltdown and Spectre, exploit security vulnerabilities in Intel, AMD, and ARM processors in any device, including PCs, Read more …
Zug, Switzerland – trade.io has announced that it has raised over $24 million from more than 12,000 participants worldwide. Having reached the end of crowdfunding activities for its ICO, the company has announced 7 partnerships with major international industry players including technology leaders, exchanges, and academic institutions, signaling that the company has long-term plans to dominate the financial and blockchain environments. Civic, revolutionary identity verification services will be provided to trade.io, greatly reducing inefficiencies and improving the user experience. OKEx, Read more …
The World’s First A.I-driven marketplace, Viola.AI is happy to announce the exciting and strategic partnership with Matchmaking Institute to bring aboard thousands of certified matchmakers and dating experts from over 46 countries from around the world onto the platform’s ecosystem. The World’s First Blockchain-based Dating & Relationship Project Announces Major Partnership Matchmaking Institute, based in New York, is the only state-licensed matchmaking school in the world which has certified thousands of matchmakers who then continued to start and thrive on Read more …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The recent ripple price surge has undoubtedly made many investors quite wealthy. On Thursday, the global average ripple price rose to an all-time high of $3.84, meaning that a hypothetical $1,000 investment made on Jan. 1, 2017, would now be worth more than $600,000. No one, however, has benefited more than Ripple co-founder Chris Larsen, who is currently the firm’s executive chairman and formerly served as its Read more …
Over the last month, bitcoin has seen large swings in price as the bulls scramble to call the bottom and the bears scramble to call the top of the market. The market saw a 50% retracement a few weeks ago, leading the bullish investors to “buy the dip” only to see it quickly top out and retrace again. Volatility is no stranger to bitcoin and the swings have been violent: Figure 1: BTC-USD, 2-Hour Candles, Macro Trading Range Zooming out, Read more …
South Korea cryptocurrency exchanges have submitted a legal challenge to the government claiming its new restrictions are “unconstitutional.” Law Firm: Govt. Is ‘Devaluing’ Virtual Currencies As local news outlet Korea Times reports today and Wednesday, Seoul-based law firm Anguk Law Offices has filed a complaint on behalf of a group of investors and exchanges, and is “preparing follow-up appeals.” South Korea enacted restrictions last month as Bitcoin and altcoins shot up in value. Among them, lawmakers will now require traders Read more …
Mining Japanese e-commerce and internet conglomerate DMM Group is creating a specialty lab for cryptocurrency mining. The company has also unveiled additional plans for its mining operations. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details DMM Launching Mining Lab DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, announced on Thursday the creation of its “research and development specialty lab” for cryptocurrency mining called DMM Mining Labo. “In pursuing the highest Read more …
Another penny stock just joined the crowd of public market options that has seen a significant price surge after announcing it would shift its corporate focus to cryptocurrency related business. TimefireVR Inc, an Arizona-based company that was founded in 2014 to develop a virtual reality application platform, announced Thursday in a release that the company has sold its virtual reality assets as part of its strategy shift to investing in cryptocurrencies and the potential acquisition of blockchain technologies. The firm, publicly listed Read more …
Altcoins Ripple has been the talk of the town lately thanks to its rocketing value and growing market capitalization that’s making eyes at bitcoin. $1,000 of XRP bought a year ago would be worth half a million dollars today. But away from the price action, there’s an issue bugging ripple that just won’t go away. It’s been alleged for years that Ripple Labs has the power to freeze the balances of account holders. If true, it would Read more …
Markets and Prices This day might be remembered in the history books as a major milestone for cryptocurrency diversification or as another colossal indicator of the altcoin bubble. There are now three cryptocurrencies with over a $100 billion market cap each. Bitcoin, ethereum (ETH) and ripple (XRP) are worth today a combined total of about half a trillion USD. Also Read: After Ripple’s Rise BTC Dominance Falls Below 40% $100 Billion Club Ethereum long term investors and Read more …
Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Peter Thiel, the billionaire entrepreneur and venture capitalist, and his VC firm Founders Fund have invested hundreds of millions of dollars in bitcoin, as CCN previously reported. Analysts Worried The investment of Thiel in the cryptocurrency came after the negative short-term predictions in regards to the price trend of bitcoin provided by many analysts. Another billionaire investor Mike Novogratz, who has been an active advocate of bitcoin, Read more …