Crypto News, Analysis, Forecasts, ICOs, and Events for the week ending 16 November 2018

Crypto News & Analysis Bitmain’s co-founder Jihan Wu has been removed from the director’s chair at Bitmain. It has been reported that Mr. Wu has been demoted to the position of supervisor and no longer has the authority to manage the day to day affairs of Bitmain. An unnamed source from Bitmain disclosed the functions and details of Mr Wu’s new role within the company. The source describes Mr. Wu’s demotion as follows:   After changing to a supervisor, there are no voting rights, so (Mr. Wu’s) power is smaller…

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Crypto Miner Weekly – South Korea apprehends hackers who attacked more than 6000 mining rigs

  The Crypto Miner Weekly is dedicated to bringing you the latest developments in Crypto mining technology. Information that will guide you to the most effective methods and tools available to maximize the output of your crypto mining configuration and investment.   What’s Hot and What’s Not The cyber criminals that attacked the crypto mining operations of more than 6,000 mining rigs (PCs) have been apprehended. Six hackers, attempting to steal cryptocurrencies like Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) from unsuspecting crypto miners were arrested in South…

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Bitcoin and Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 9 November 2018

    Crypto News & Analysis November is here and many are asking when will federally regulated cryptocurrency exchanges appear within the US. One of the key reasons the Securities and Exchange Commission gave for their denial of Bitcoin based Electronically Traded Funds (ETFs) was the fact that the underlying security or asset was not listed on a federally regulated exchange. ICE, The Intercontinental Exchange that owns and operates the New York Stock Exchange, and NASDAQ, the world’s 2nd largest Exchange qualified by its market cap value of US $10…

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Bitcoin and Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 2 Nov 2018

  Crypto News & Analysis Coinbase raises US $300 million but will remain a private company. Coinbase is the most popular cryptocurrency exchange in the USA. It may also be one of the top 3 cryptocurrency exchanges in the world. There were reports and rumors that this crypto exchange would become a public entity in the next few weeks. But the President of Coinbase, Asiff Hirji says no, “There’s not going to be an IPO any time soon.”     Coinbase successfully raised $300 million through private Series E funding.…

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Bitcoin and Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 26 October 2018

Crypto News and Analysis Sony has formally announced their plans to develop a wireless crypto wallet. Sony Corp is letting the world know how serious they are about being leaders in the sale of commercial products that will be utilizing blockchain technology. Plans to build the state of the art hardware wallet is where it all begins with Sony. Hardware wallets will be where the wealth of the 21st century will be stored. And Sony wants to have a strong presence near the wealth of all cryptocurrency owners.    …

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Bitcoin and Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 19 October 2018

  Crypto News & Analysis International Business Machines (IBM) has scheduled a demonstration of their own version of a blockchain based, global transfer, rapid payment platform. They have named it ‘The Blockchain World Wire'(BWW). Unlike Ripple’s xRapid platform, IBM’s system can handle cross border transactions with any cryptocurrency as a medium of exchange. Whereas it has been reported that the xRapid system is only able to handle cross-border payments using the XRP crypto.   Capitalism doesn’t work without competition. IBM’s BWW system will ensure that the price for the service…

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Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 12 October 2018

  Crypto News & Analysis Crypto crime has become an issue of mega proportions. The incidences of major crypto crimes do get reported. But the significance of their magnitude may be overlooked. Crypto criminals have been able to steal more than US $900 million in 2018. These high tech criminals have not been apprehended and are still on the loose pillaging security weaknesses involving cryptocurrency exchanges and unsuspecting crypto owners. In order to give you a better perspective, reported crypto crimes of 2017 totaled $266 million.     The crypto…

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Industry Consortium Launches Crypto Community Watch Program

  Leads self-policing of the cryptocurrency industry; opens tip line and 100 Bitcoin reward pool for anonymous whistleblowers Singapore – August 20, 2018 –ECoinmerce, the world’s first decentralized and tokenized E-commerce marketplace, today announces the formation of the Crypto Community Watch program, which provides an anonymous tip line and reward mechanism to empower whistleblowers and investigate cryptocurrency scammers and hackers.     The program was created by a consortium of industry players including ECoinmerce, ICO Alert, GZH, Step VC, and NewEconomies. The group’s goal is to create a community that…

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Five Trends In Internet Of Things To Watch Out For In 2018

  The year 2018 showed that the biggest advancement in technology is nothing but Internet of Things or IoT. The most attractive feature of IoT is remote accessibility. For instance, IoT helps unlock doors as well as cars, access security cameras of smart homes, and even control room temperature using smartphones. It is said that there are roughly 20 billion internet connected devices globally as of 2018. Thus, several experts believe that 2018 is “the year of IoT”. According to a research firm, Progressive Markets, the IoT market is expected…

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Why Cybersecurity Is Crucial For Your Business

  These days, cybersecurity is a topic that every business has to address. More and more businesses get hacked every year as hackers get more sophisticated, sometimes even having the resources of an entire nation behind them. Private companies must take steps to ensure that they are protected against hacking and cyberattacks. But why is cybersecurity so crucial? In order to understand this, you have to understand more about how cybersecurity and cyberattacks actually work. Let’s take a close look at cybersecurity for business, including the potential for disaster that…

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