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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Tether and Bitcoin price inflation linked to possible manipulation

Following the University of Texas report published yesterday on the possibility of Tether and Bitcoin’s manipulated price inflation through Hong Kong-based exchange, Bitfinex, Director of Research at CoinDesk, Nolan Bauerle responded.      “Bitcoin is a super volatile asset driven by a global retail investment crowd. Everyone who watches this crowd knows they use Tether to take a ‘dollar’ position when bitcoin dips. They reenter the bitcoin market when they feel the price is at a floor with the goal to have more bitcoin than at the start of the…

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How collecting free Crypto could make you rich

    Back in the day, not so long, long ago when Bitcoin was trading for only a few cents or even a few dollars, some people were scoffing at others who spent time collecting freebies from faucet sites and other giveaways.     Those time wasters don’t seem so dumb now with Bitcoin trading in thousands of dollars and not cents.  If you just accumulated $ 5 of Bitcoin, 7 years ago that would be worth more than $ 4 Million dollars – Not bad.. Especially if you did…

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Joon Ian Wong Joins CoinDesk as Managing Director for Europe and Asia

  Wong returns to CoinDesk to lead its international expansion   New York, NY – June 12, 2018 – CoinDesk, Inc, the leading digital media, events, and information services company for the crypto and blockchain community has announced that Joon Ian Wong will be rejoining the company as its Managing Director for Europe and Asia. Wong joins CoinDesk from Quartz, where he specialized in covering cryptocurrencies and blockchain technology.     CoinDesk CEO Kevin Worth said “It’s been incredible to see Joon’s ascent since he first helped launch the Consensus…

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How to trade Altcoins for Bitcoin and Vice Versa

We have received many questions from readers regarding the trading of Altcoins and specifically how to trade Altcoins for Bitcoins. Our best suggestion here is an exchange called Changelly.     What is Changelly?   Changelly is an instant cryptocurrency exchange providing instant crypto-to-crypto rates and exchange platform.   How does Changelly work?   Changelly’s robot is integrated into the largest cryptocurrency trading platforms, including Poloniex and Bittrex. In the span of milliseconds, the robot makes bids and asks on the trading platforms, then selects and suggests the best available rate…

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Trump vs McAfee – POTUS 2020

Crypto Twitter went into a frenzy on Sunday night as crypto maverick, John McAfee announced that he will run for the position of US President in the 2020 elections.   In spite of past refusals, I have decided to again run for POTUS in 2020. If asked again by the Libertarian party, I will run with them. If not, I will create my own party. I believe this will best serve the crypto community by providing the ultimate campaign platform for us. — John McAfee (@officialmcafee) June 3, 2018  …

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Binance from nowhere to Billions in 7 months – A crypto miracle story

Cryptocurrency exchange Binance is the world’s largest Crypto exchange by volume and has attracted millions of users, yet just over a year ago, Binance did not exist.     In its July 2017  initial coin offering, a Binance token BNB has soared from about 10 cents to $14.77, giving it a market capitalization of over $1.5 billion.   Have a look at the stats here: – https://coinmarketcap.com/currencies/binance-coin/   Why and How did Binance grow so fast? Most market participants agree that Binance has a quality platform and business practices and…

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Essential Tools for the Crypto / Bitcoin Trader

In search of the Crypto Moon More than 800 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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Blockchain Heavyweights Jehan Chu and Pavel Bains Joins Alluma’s Advisory Board

Jehan Chu and Pavel Bains Join the Blockchain Advisory Board of Alluma Exchange   Alluma, the first institutional grade cryptocurrency exchange dedicated to the emerging markets in Asia, has recently announced the joining of several influential advisors including Jehan Chu, Co-Founder & Managing Partner at Kenetic, and Pavel Bains, CEO of Bluzelle, a leading blockchain project.     Alluma will focus on three areas initially: strong liquidity through global exchange partners, design and user experience to increase adoption and usability, and providing a fluid customer experience from on-boarding to support.…

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Why you should sign John McAfee’s “Declaration of Currency Independence”

John McAfee has thrown down the gauntlet and signaled his commitment to the crypto cause by announcing his plans to pay for every signature to the charter known as The Declaration of Currency Independence.   Quoting John McAfee: So everyone understands my commitment to The Declaration of Currency Independence: I have paid and will pay everyone’s transaction fees for signing this document on the Ethereum Blockchain. I have pre-paid $30,000 into an escrow account. Please sign.https://t.co/kHnMiGICmJ John McAfee (@officialmcafee) May 25, 2018       Why should we care? It…

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