The total computational power of bitcoin mining equipment has grown to the values of November last year. The hash rate has now reached 50 EH / s. The growth of this indicator indicates the accession to the network of new devices for the extraction of BTC. According to some experts, this is a positive signal for the price of cryptocurrency, as miners rely on its future growth. Price follows hashrate and […]
Author: BlockchainJournal
Ethereum's $ 1 million coins were transferred from QuadrigaCX to other sites in December, on the eve of the death of Gerald Kotten, founder of the exchange. It is reported by CoinDesk. Some transactions from the QuadrigaCX hot wallet for a total of more than 9,000 ETH were sent to the Binance, Kraken and Poloniex exchanges. At the same time, payments for 5000 ETH were made between 2 and […]
Opponents of cryptocurrency often claim that cryptocoins are massively used in money laundering, trafficking in drugs, weapons, financial crimes, and terrorist financing. Articles regularly appear in the press about the next break-in of cryptobirds or money laundering through bitcoins . We figured out what is behind such fame and what the scale of the problem. Hacking cryptocurrency exchanges and wallets Most of all fraudsters stole from cryptobirth – it is often easier to crack them than a single wallet, and the potential income is disproportionately more. According to Group-IB, CipherTrace, Carbon Black, in 2018, hackers stole cryptocurrencies in the amount…
From November last to the beginning of February of this year, ICO-projects sold about 736 thousand coins to Ethereum (ETH), reports Trustnodes. Only at the turn of November-December, 400 thousand ETH were sold. Thus, 39,000 ETH were sold on December 11, and on December 14, 45,000 ETH were sold on the market. A few days later, on December 17, ICO-projects got rid of another 33 […]
Huobi, a major crypto-exchange, reported that, compared to 2017 last year, trading volume on the platform increased by 100%, Cointelegraph reports. Despite the "cryptozyme" and the global downward trend in companies, the Singapore Stock Exchange in 2019 increased the number of staff to 1,300 people. At the same time, in 2018, the staff of the exchange numbered 400 workers. […]
After the death of QuadrigaCX, the founder of the Canadian bitcoin exchange, Gerald Kotten, who probably took the private keys to the cold storage with him to the grave, the platform was on the verge of collapse. Traditionally, a conflict of interest broke out between creditors – who should be the first to receive payments. Many holders of fiat deposits believe that they deserve the first to return their funds, reports CoinDesk. Note that the order of […]
Bakkt’s Bitcoin Futures trading platform from the New York Stock Exchange Intercontinental Exchange (ICE) continues to expand its staff. This time top managers joined the team, reports The Block. Thus, Eric Haas, who was responsible for working with regulators at ICE for the past nine years, became head of the legal compliance department. The position of strategic operating director was given to […]
Mining cryptocurrency is a process that checks the correctness of transactions and adds them to the blockchain registry. Let's talk about which cryptocurrency is better to mine in 2019. In the process of mining, miners (computers) compete with each other in solving complex mathematical problems associated with cryptographic hash functions. Those who find a solution first receive payment. Mining is conducted in various ways. The classic way is to create a mining farm that will cost you a fortune. This requires complex computers, systems for their cooling and efficient power supply. However, there are alternative types of mining. Thanks to…
Today, the cryptocurrency market is colored green, the price of BTC / USD has managed to stop at the double bottom and began to recover. Meanwhile, SEC committee member Robert Jackson was interviewed by the Congressional Quarterly, where he stated that the SEC would eventually approve Bitcoin-ETF. He believes that sooner or later, but someone will meet the standards that are set by regulatory authorities. But not all the news was so encouraging. The plot around the demise of QuadrigaCX, the largest Canadian cryptoexchange, continues to thicken. Access to the cold storage of the exchange was reportedly lost with…
On Friday, February 8, the Litecoin price hit a seven-month high, paired with Bitcoin, while the latter is flat in the region of the minimum seven-week values. As of 16:00 UTC, “digital silver” continues to rally (more than 18% in the last 24 hours), however, Omkar Godbul, analyst at CoinDesk Markets, thinks that if the RSI indicator shows overbought in the 14-day period, further growth will be under […]
