Warning Signs? A Timeline of Tether and Bitfinex Events

Concerns are growing as to whether tether (USDT), the stable token pegged to the dollar, is backed by actual U.S. dollars. And recent scrutiny by U.
MyEtherWallet “Rebrand” a Hoax: Taylor Censoring Reddit as Damage Control?

MyEtherWallet “Rebrand” a Hoax: Taylor Censoring Reddit as Damage Control?

MyEtherWallet (MEW) is one of the most well-known wallets for cryptocurrency, and it has had a flawless reputation thus far. Now a new controversy on censorship and a potentially fake “rebrand” is in the works, as the MEW team has splintered. A Social Media Takeover It all started when MEW’s co-founder, Taylor Monahan (AKA “tayvano_” on Twitter and “insomniasexx” on Reddit) left the MyEtherWallet team to create her own new version, MyCrypto.

Twitter Account of Prolific Bitfinex and Tether Critic Suspended

The Twitter account of “Bitfinex’ed,” the pseudonymous online critic of the world’s largest Bitcoin and cryptocurrency exchange, was suspended today. The blogger says his tweets were being reported and his account was being spammed with hundreds of thousands of fake followers, and he thinks Bitfinex is behind it.
New PBoC “Regulatory Measures Against Bitcoin” Turn out to be a Hoax

New PBoC “Regulatory Measures Against Bitcoin” Turn out to be a Hoax

The entire cryptocurrency world got a rather surprising scare last week. Rumor had it the Chinese central bank would be introducing even more Bitcoin regulation. Some sources mentioned the government was looking to restrict access to foreign exchanges altogether. It now turns out this was a pure hoax, as someone had hacked into the central bank’s mailbox to issue a fake email. It’s a very worrisome development, as it hints not only at clear cryptocurrency manipulation but also at weak email security for China’s central bank.

SEC and CFTC Give Testimonies at Senate Hearing on Virtual Currencies

Today, February 6, 2018, the prospects for coherent U.S. regulation on cryptocurrencies became a little more clear, as were the impasses that were frustrating progress on the issue. The Senate Committee on Banking, Housing and Urban Affairs (the “Committee”) heard joint testimony from the heads of both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Why DavorCoin May Become the Next BitConnect

Why DavorCoin May Become the Next BitConnect

Scams and Ponzis are easy to come by in the world of cryptocurrency. It is, unfortunately, the price we pay for a popular industry in the financial sector. DavorCoin is one of those projects which draws a lot of parallels to BitConnect, another Ponzi scheme which recently shut down after a few months of action. A daily variable ROI for altcoin lending is not impossible to achieve, but it is highly unlikely DavorCoin offers the real deal in this regard. What is the Deal With DavorCoin? On the surface, the DavorCoin project looks like a rather solid investment.
Fluz Fluz Blockchain-Based Cashback Platform ICO Sells Out in Days

Fluz Fluz Blockchain-Based Cashback Platform ICO Sells Out in Days

The highly successful Fluz Fluz cash back network initial coin offering has recently concluded, allocating 204 million FLUZ tokens and reaching hard cap in less than one week from launching on the 18th of January. Fluz Fluz is now set to expand into the global consumer rewards market, bringing the innovative digital shopping platform to the US and beyond. Disclosure: This is a Sponsored Article The investor strong response to the Fluz Fluz ICO was largely due to the high level of potential the platform offers.
Millions of Celebrities’ Fans will go Crypto Industry

Millions of Celebrities’ Fans will go Crypto Industry

TokenStars, a blockchain-based platform with 15 celebrities onboard, aims to become a space which unifies stars, fans and advertisers. By introducing millions of users to the blockchain they are ready to disrupt a $100 billion celebrity management industry. Disclosure: This is a Sponsored Article Blockchain projects endorsements and investments in ICOs already grabbed attention of many celebrities, like Paris Hilton, Jamie Foxx and Floyd Mayweather.
NEM Decline Shows How Cryptocurrency Markets Haven’t Stabilized Just Yet

NEM Decline Shows How Cryptocurrency Markets Haven’t Stabilized Just Yet

Even though the positive cryptocurrency momentum is still in place as of right now, we’re seeing some worrying signs on the horizon as well. While the Bitcoin price has declined again slightly, the NEM price has fallen by over 5.3% out of the blue. It is evident the year 2018 will not be easy for some altcoins. The NEM price not only fell against the dollar, but it also dropped by 2.7% against Bitcoin, which is also slightly down in value. It’s not a positive sign, but there’s no reason for despair just yet.
Better Than Tether? Why Crypto Traders Are Increasingly Using Gold & Silver Instead

Better Than Tether? Why Crypto Traders Are Increasingly Using Gold & Silver Instead

Tether was a hit from moment one, rising within months to billions of dollars issued. It provided a much-needed service for active crypto users, a stable settlement vehicle for volatile times, open to everyone globally—even those whose local currencies and banks could not serve the same purpose. Disclosure: This is a Sponsored Article But there could be a crimp in this digital wiring, with rising scrutiny over a lack of auditing and transparency, and worry about the role regulators might play going forward.
Ethereum Classic Price Rises to $24 Thanks to Solid Momentum

Ethereum Classic Price Rises to $24 Thanks to Solid Momentum

We are seeing a fair few cryptocurrencies appreciate in value right now. Ethereum Classic is one of the coins experiencing a massive uptrend as we speak, although the price is still well below its all-time high. As of right now, the Ethereum Classic price is above US$24 for the first time in a few days. After last week’s dip, things have finally returned to normal. Ethereum Classic is Shooting for the Moon In a way, it’s been good to see so many cryptocurrencies go up in value all week long.
Bitcoin Price Analysis: Bitcoin Bulls Find Respite Along Major Support Lines

Bitcoin Price Analysis: Bitcoin Bulls Find Respite Along Major Support Lines

Over the last week, bitcoin has seen an aggressive markdown from the $12,000s to the $6,000s — a 50% move in 7 days. Right now, a battle between the bulls and the bears is under way as the market is trying to decide if today’s rally is a temporary bottom or a decisive end to the aggressive bitcoin bear market: Figure 1: BTC-USD, 1-Day Candles, Macro TrendTo date, the market has broken number lines of support including the daily 200 EMA.

SEC Chair’s Written Testimony Hints at Moderation for Cryptocurrencies, but ICOs Be Warned

The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission (SEC), was released on February 5, 2018.
What Are the Differences Between Tangle and Blockchain?

What Are the Differences Between Tangle and Blockchain?

What if I told you that not every cryptocurrency uses a blockchain? And what if I told you that one of the most popular cryptos on the market is a blockchain nonbeliever? Well, you best bet your bottom dollar on it, because today we’re going to get acquainted with the Tangle, a cryptographic alternative to blockchain technology. In addition, we’ll be going over IOTA, the top 15 coin that has popularized the Tangle, and whose developers believe that it’s the future of the cryptographic economy.
T-Mobile Faces Lawsuit Over Stolen Crypto Funds

T-Mobile Faces Lawsuit Over Stolen Crypto Funds

T-Mobile is one of the biggest mobile carriers in the US. This status does not protect it from lawsuits being filed against it, though. One T-Mobile customer has decided to file a lawsuit after hackers stole his cryptocurrency portfolio. In his opinion, the company failed to enforce sufficient security measures. Several thousand dollars worth of money was stolen, including some BitConnect funds. T-Mobile Finds Itself in a Pickle It is never fun to hear about people having their cryptocurrency portfolios stolen.
The Story of the Four BitConnect Lawsuits

The Story of the Four BitConnect Lawsuits

Things have certainly gone from bad to worse for the BitConnect Ponzi scheme. After defrauding hundreds of investors, the company decided to pull the plug on its operation and the associated exchange. With so many people left in the dust, it was only a matter of time until the lawsuits started piling up. So far, we have seen a total of four lawsuits filed against BitConnect in various regions. It is evident this company will continue to face a lot of backlash over its business venture. Four BitConnect Lawsuits Have Appeared Anyone who dislikes BitConnect or lost money in this notorious Ponzi scheme will be glad to learn that lawsuits are being filed as we speak.
Persona: How to Create a Super Secure, Single Sign-on to the Digital World

Persona: How to Create a Super Secure, Single Sign-on to the Digital World

Most people believe they are fortified with cyber defenses against cyber hackers, but the statistics tell a very different story. Hacking incidents increased by 40 percent in 2016 over 2015. In most cases, a cyber defense consists of anti-virus and malware protection software on computers and mobile devices. But most major hacking events take place on third party systems, such as social media site Yahoo or financial information provider Equifax. In other words, “digital citizens are woefully unprotected”.
iPRONTO To Foster Innovation and Startups Through Blockchain-based Connection to Incubators and Investors

iPRONTO To Foster Innovation and Startups Through Blockchain-based Connection to Incubators and Investors

For the amateur inventor, getting noticed is often an insurmountable challenge. From financial hurdles to networking challenges, resource allocation  and management, the path to innovation is fraught with difficulties and disappointment. iPRONTO is a decentralized platform that will nourish and endorse amateur innovators, allowing them to connect with investors.
Next-generation crypto exchange Bitmora to launch in Q2 2018

Next-generation crypto exchange Bitmora to launch in Q2 2018

Contributors to the ongoing Bitmora crowdfunding campaign will be pleased at the recent announcement from its developers that its modern cryptocurrency exchange platform will be officially launched soon, in the second quarter of the year. Disclosure: This is a Sponsored Article While already experiencing a genuine support for its crowdfund, the founders will see this target as a significant pointer of progress, looking back at over a year of development on what promises to be a modern cryptocurrency exchange that will surpass the capabilities and features of those in the current market.
Lisk Price Retakes $23.5 Level With Solid Gains Over Bitcoin

Lisk Price Retakes $23.5 Level With Solid Gains Over Bitcoin

As all cryptocurrency markets show a sign of life again, things are looking pretty good all across the board. So far, the Lisk price has seen some positive changes over the past week. Even though there was a big dip along the way, the overall trend seems to be intact right now. With the current Lisk price of $23.83, things are looking rather interesting for this particular altcoin. Maintaining a positive trend will prove to be difficult in the long run, though Lisk Price Makes a Solid Comeback It is quite interesting to see how things evolve in the world of cryptocurrencies.
Decentralized Video Sharing Platform Viuly Offers Users a Chance to Earn Revenue Without Restriction

Decentralized Video Sharing Platform Viuly Offers Users a Chance to Earn Revenue Without Restriction

Centralized content sharing platforms demonetizing small video producers A large video sharing platform recently announced that it will drop thousands of small video producers from its revenue programs. Many of these video producers took to social media following the announcement to voice their displeasure of the choice. The choice was made so that the video tube channel could comply with advertiser guidelines after continued scandals revolving around offensive content kept occurring.
Bitcoin Cash Price Notes a Strong $175 Increase

Bitcoin Cash Price Notes a Strong $175 Increase

Yesterday proved to be a rather interesting day for cryptocurrency markets in general. After several weeks of losses, things have certainly taken a turn for the better. Even the Bitcoin Cash price is looking up again thanks to a solid 16.65% gain over the past 24 hours. With a Bitcoin Cash price of $1,144.6 again, things are looking pretty interesting.  Whether or not this current trend can be kept in place for another few days – or weeks – remains to be determined. Bitcoin Cash Price Mounts a Strong Comeback Even though not everyone is convinced Bitcoin Cash is here to stay, one cannot argue the altcoin made a positive impact throughout 2017.
Binance Cryptocurrency Exchange Expected to Remain Offline for 12 Hours

Binance Cryptocurrency Exchange Expected to Remain Offline for 12 Hours

Binance, one of the world’s largest cryptocurrency exchanges which is said to be the fastest growing startup in history, has been offline for several hours. UPDATE 10PM PST: Binance’s CEO released another statement on twitter stating that there will be another delay (about 10 hours) before the exchange comes back online.

Mexico’s Vicente Fox Invites the Blockchain Community to Join His “Yellow Revolution”

Former President of Mexico Vicente Fox was part of a panel discussion at the Blockchain Economic Forum in Singapore on February 5, 2018, and had a number of insights on blockchain technology generally and how Mexico might make use of it to help curtail corruption and rein in the drug trade. While President Fox openly admitted that he doesn’t understand blockchain technology that well at this point (learning more about it was a big reason he went to the conference), he does see the incredible potential for the use of a platform that democratizes data for the good of all.

NIST Blockchain Report Examines the Tech Behind the “Hype”

The National Institute of Standards and Technology (NIST) has issued a report titled “Blockchain Technology Overview.