Bithumb hack emphasizes need for Security in Crypto Industry

Korean Crypto Exchange Bithumb lost more than $30 million in the most recent crypto hack, further emphasizing the need for security in the industry. With blockchain technologies, the repercussions of a hack are much greater than in traditional technology.  Bloomberg reported that Exchanges are a juicy target for hackers, with more than a billion dollars worth of cryptocurrency being stolen.     In response to the latest hack, industry leaders highlight the importance to build confidence in the industry, follow best practice, implement a regulatory framework as well as decentralise…

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Essential Tools for the Crypto / Bitcoin Trader

In search of the Crypto Moon More than 1800 currencies and 5000 exchanges makes the crypto trading world a minefield for the new and even the experienced trader. In this article we aim to give you a handy reference guide of resources that will help you to navigate these treacherous waters.   Information: Information is the chief currency of the trader without quality information a trader does not have anything to work with and the right information that the right time can make a trader a fortune. There is a…

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Blockfolio Tackles Misinformation in Crypto with New ‘Signal’ Communication Platform

Blockfolio Unites with Token Teams to Tackle Misinformation in Crypto with New ‘Signal’ Communication Platform, Announces $3M Seed Round to Fuel Support.   Leading cryptocurrency portfolio tracker with 4M users worldwide aims to better address communication needs of the cryptocurrency ecosystem.   LOS ANGELES –  Blockfolio, the leading cryptocurrency portfolio tracker currently servicing over 4 million crypto enthusiasts worldwide, announced on May 10, 2018 the beta launch of ‘Signal,’ a communication platform designed from the ground up to address the growing misinformation problem in the crypto ecosystem. Integrated directly into the Blockfolio…

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Bitcoin News Review – 3 May 2018

Here is a round-up of the digital economy news for the day:-   Goldman Sachs Says Bitcoin ‘Is Not A Fraud’, Plans Trading   Crypto Exchange Bitgrail Opens For Three Hours Before Legally Forced Shutdown Bitgrail posted a statement on its website later that day in order to explain the reason for the abrupt shutdown, which they “don’t agree with”: “This morning, following the re-opening, we were notified of a deed by the court of Florence requesting the immediate closure of BitGrail and this situation will persist until a decision…

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How to AIRDROP and market your ICO token or cryptocurrency

One of the major hurdles faced by ICO’s (Initial Coin Offerings) is the adoption of the token or coin in question. In order to increase the value of the coin/token, it is essential to the success of a project or coin that potential users or investors are engaged, wallets downloaded and the coin/token transacted with.   A popular method to create awareness is to make use of “AIRDROPS”.   What are Airdrops?   Airdropping is a process whereby a cryptocurrency enterprise, startup or ICO distributes cryptocurrency tokens to early adopters…

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Bitcoin News Review – 1 May 2018

A short summary of latest Bitcoin, Crypto and Blockchain News   Iran: Model Of State-Issued Digital Currency Now Ready, Says Gov’t Minister   Square shares drop after short-seller Citron calls bitcoin strategy ‘nonsense’   Japanese Regulators Discussed Restricting Trade Of Privacy-Focused Altcoins, Report Says   Buy EOT directly from your Bitcoin Wallet     Bitcoin has ‘elements of all of the different asset classes,’ CFTC chairman says   European Commission To Fight Fake News With Power Of Blockchain   From the European Commission: – “Innovative technologies, such as blockchain, can…

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Bermuda’s Virtual Currency Business Act passes through the House of Commons, UK

Late last Friday, April 27th, Bermuda’s Virtual Currency Business Act passed through the House of Commons in the United Kingdom. This week, the bill will go through the Senate and should the bill pass, it will be the most comprehensive regulation of its kind, covering the issuing, selling or redeeming tokens and cryptocurrencies, ICOs, crypto exchanges, crypto wallets and other crypto service vendors.     Joseph Weinberg, OECD Think Tank Special advisor and Chairman of Shyft, a blockchain KYC/AML solution, and Loretta Joseph, OECD Think Tank Leader, Shyft advisor and…

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Educate the Cryptommunity and win a free Bitcoin

Following the success of the first JACKMATE monthly giveaway, FortuneJack are back with another free bitcoin giveaway this April.     Last month, Crypto-gaming expert Ryan Shields had become the first winner to get a free BTC prize for creating the website bitcoingamingonline and received 1 BTC as a result.   This month, they are stepping away from general impact and getting a lot more specific – crypto influencers, traders, and enthusiasts are encouraged to pick one specific cryptocurrency and tweet a fundamental analysis with the hashtag #JACKMATE.     How…

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The World’s Largest Bitcoin ATM Network, Coinsource Nears 200 Machines with Latest Installment in the Nation’s Capital

While Capitol Hill takes a closer look at this emerging asset class, Coinsource enters the D.C. market. Washington, D.C. – April 12, 2018 – Coinsource, the world’s largest Bitcoin ATM network, today announced its first expansion into the Nation’s capital. Coinsource will install 20 machines across the District of Columbia and Maryland after receiving significant demand from Bitcoin users and local merchants. This installation caps off a successful first quarter for the company after launching 10 machines in Rhode Island, New Hampshire, and Massachusetts in early February. Additionally, Coinsource introduced eight…

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Cryptosuite Review

Cryptosuite is the latest offering of online software vendor Luke McGuire and we thought it would be worth a look.     Luke has a good track record for creating valuable software and trading software in the Crypto space is much needed and in this regard, Cryptosuite is definitely targeting a gap in the market.  As Luke says, “Imagine being able to and with no experience at all, be given the winning coins instantly based on LIVE facts, invest in seconds & start profiting right away while being able to…

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