Hong Kong, 25th April 2018 — ALAX, a global mobile game distribution platform which enables game developers to access over a hundred million users finished its Token Generation Event. From Tuesday, April 17 until Monday, April 23, the project was aiming to stir up the world of blockchain and the mobile gaming industry. The participation, during those 6 days, was adequate and it kept a stable pace. There were 300’000’000 ALX tokens dedicated to two rounds of the ALAX TGE. Read more …
Category: Cryptocurrency News
Andreessen Horowitz is Creating a Separate Crypto Investment Fund: Report
Join our community of 10 000 traders on Hacked.com for just $39 per month. Andreessen Horowitz, founded in 2009 by Marc Andreessen and Ben Horowitz, one of the leading venture capital firms active in the cryptocurrency space, plans to launch a separate fund for exchanging crypto assets. The new fund could signal what some see as the next wave of innovation: direct investor involvement in cryptocurrencies, according to Recode. In general, venture capital firms have been wary about directly investing in Read more …
System Error at Korean Crypto Exchange Gave Users Free Coins
Exchanges A South Korean cryptocurrency exchange said it suffered an internal system error which affected withdrawals. The exchange claimed that users were able to withdraw five times the number of coins they requested. It is asking for the coins back, and will seek civil liabilities and damages from users who do not voluntarily return the coins. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Internal System Error New South Korean exchange Cashierest reportedly caused a controversy Read more …
Multiple Online Harassment Allegations Against IOTA Team, Foundation Board Member Says He’s Not ‘Aware’ Of Incidents
The Financial Times (FT) news outlet published an article Wednesday, Apr 25, detailing allegations levelled by several people against IOTA. According to FT’s report, some members of IOTA’s team have resorted to threats of legal action or violence when dealing with critics of their project online. When asked to comment on the report, Ralf Rottmann, a member of the IOTA Foundation’s board of directors, told Cointelegraph that he “joined the Board of Directors just recently and [is] not personally aware Read more …
Popular Ether Wallet MEW Is Hijacked in DNS Attack
MyEtherWallet, a popular web-based wallet for storing and transmitting the cryptocurrency ether (ETH), suffered a DNS attack that rerouted unsuspecting users to a Russian scam site into which some victims fed their login credentials. An invalid SSL connection certificate warned users before entering the phony site but some bypassed the warning, resulting in a loss of funds. MyEtherWallet confirmed the attack in a statement on April 24, 2018. Hackers did not actually hack the MyEtherWallet platform itself but went after Read more …
Fundstrat’s Tom Lee Thinks Bitcoin Cash is Currently Overbought
Fundstrat’s Tom Lee appeared on CNBC’s Fast Money show yesterday to weigh in on the ‘battle’ between Bitcoin and Bitcoin Cash. Despite efforts by the shows presenters to illicit a partisan response from Lee, the ‘general’ remained diplomatic in his answers. Lee Steers Conversation Away From Community Infighting Even though the title of the segment is ‘in the battle between bitcoin and bitcoin cash, Tom Lee says buy bitcoin’, Lee spent very little time addressing any conflict between the Bitcoin Read more …
Cryptics: Introducing the Crypto-Market to AI-Based Trading Solutions
In two years, the crypto-market has experienced astronomical growth not just in numbers but also market valuation. The sudden increase in value and adoption has opened several opportunities for anyone willing to ride the bandwagon. Cryptocurrencies are moving beyond reliable and independent ecosystems of money transfer to form efficient and creative token economies. For instance, the cryptocurrency version of crowdfunding, Initial Coin Offerings (ICOs) are quickly turning breakthrough ideas into real-world businesses. In comparison with 2016, the number of ICOs Read more …
Japanese Crypto Exchanges Launch Self-Regulatory Body
The 16 registered cryptocurrency exchange services in Japan have come together to form the Japan Cryptocurrency Exchange Association (JCEA). This is according to a report by Asahi Shimbun, a local news outlet in Japan. The JCEA will be responsible for the self-regulation of Japanese cryptocurrency exchange platforms. The JCEA Taizen Okuyama is the chairman of the JCEA. He is the CEO of Money Partners, a forex firm which recently entered into the cryptocurrency exchange market in Japan. Members of the Read more …
Nasdaq CEO Says Company ‘Open’ To Becoming Crypto Trading Platform When Market Matures
The CEO of Nasdaq said that the stock market could become a platform for trading cryptocurrencies in the future, if the market becomes more regulated, CNBC’s Squawk Box reports Wednesday, April 25. Nasdaq CEO Adena Friedman said during an interview that “certainly Nasdaq would considering become a crypto exchange over time.” Friedman believes that cryptocurrencies “will continue to persist,” the only caveat being the amount of time it will take for the crypto sphere to mature. Once that kind of Read more …
Markets Update: Bears Return to Crypto Markets for Some Action
Market Updates On April 25 digital assets are seeing volatile price declines today across cryptocurrency markets worldwide. Over the past 24-hours, the entire cryptocurrency market capitalization has lost more than $30Bn since our last markets update. Bitcoin Core (BTC) market prices are averaging $8,920 right now after tumbling to the $8,700 territories earlier today. Bitcoin (BCH) market values have also dropped from their $1,550 high and currently hover around the $1,270 zone. Also read: ‘Coindaddy’ Another Crypto-Rapper Rhymes Read more …
US Congressman: ‘Race to Regulate’ Won’t Solve Crypto Fraud
Though fraud is undoubtedly an issue in the cryptocurrency ecosystem, U.S. Congressman Patrick McHenry believes lawmakers shouldn’t rush to impose new regulations. “It’s my fear that Congress and other policymakers get wrapped up in the hype of bitcoin and feel like doing something – anything – is better than nothing,” he told CoinDesk in an interview on Tuesday, adding: “And I get it, there’s fraud, there are bad actors, there’s irrational hysteria in the space, but a race to regulate Read more …
Wisconsin Mulls Allowing Bitcoin Donations for Political Campaigns
Join our community of 10 000 traders on Hacked.com for just $39 per month. Ethics officials in the U.S. state of Wisconsin are divided on whether to allow political campaigns to accept campaign donations in bitcoin and other cryptocurrencies. If Wisconsin approves the move, it will join Montana, Washington, D.C., and the U.S. federal government in allowing cryptocurrency campaign contributions. At a hearing on April 24, the Wisconsin Ethics Commission debated the issue but did not make an immediate decision, Read more …