• Ben Norman
  • 3 Days ago
  • 0

Bithumb most recent crypto exchange to get hacked

Crypto hacks continue Cryptocurrency rates fell as South Korean crypto exchange firm Bithumb gets hacked on Wednesday – the second firm in a month to be breached. Bithumb reported on Wednesday that hackers stole roughly 35 won ($32 million) in cryptocurrencies, with the majority being Ripple. After the breach, the company froze all cryptocurrency deposits […]
  • Crystal Ng
  • 3 Months ago
  • 0

Why are the cryptocurrencies crashing?

Within the past weekend, Bitcoin has fallen drastically to $7,335.57, at its lowest on Sunday. Fortunately, as CoinDesk conveys, the value of the cryptocurrency gradually recuperated. By Monday afternoon, the value of Bitcoin picked up again returned to an average of $8,585. Although we can never know for certain the reason underlying such change, many […]
  • Crystal Ng
  • 4 Months ago
  • 0

Be Careful with the Cryptocurrency You Invest in

Cryptocurrency has turned a lot of heads in recent years. Despite its original intent to be the future of currency, it has become a promising source of investment for many out there. Cryptocurrency investors are ranging from business professionals to amateurs – thanks to its accessibility. It has become a prospective alternative to other commodities […]
  • William Van-Lear Black
  • 10 Months ago
  • 0

Chinese authorities crackdown on cryptocurrency ICOs

Monday, the Chinese government banned the practice of creating and selling new cryptocurrencies, Reuters reports.  With the rise of Blockchain technology, initial coin offerings (ICOs)—which give investors the opportunity to buy newly-created cryptocurrencies—have gained popularity. In total, Reuters says, ICOs have raised $2.32 billion since the inception of the cryptocurrency market; $2.16 billion of that […]
  • Sharnita Sanders
  • 2 Years ago
  • 0

IRS Investigates Tax Evasion by Coinbase Users

Coinbase must release the identity of select customers who transferred currency during the years of 2013-2015. Judge Jacqueline Corley granted the IRS a John Doe summons to collect the information from Coinbase. Coinbase is a company that handles transactions of Bitcoin, Ethereum, and other digital currency. The IRS made a request for the John Doe […]