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Hackers Steal $400k from Users of a Stellar Lumen (XLM) Web Wallet

Another cryptocurrency service provider has been hacked, costing hundreds of thousands of dollars worth of losses to Stellar users this time. DNS hackers have hijacked the Blackwallet server, redirected some of the traffic and made off with 669,920 XLM. Also Read: Japan’s Largest Bank to Launch Cryptocurrency Exchange Stellar Wallet Blackwallet Compromised

Metropolitan Bank Denies Ceasing Cryptocurrency-Related International Wires

Just recently news.Bitcoin.com reported on the company Metropolitan Bank Holding Corp (NYSE: MCB) allegedly ceasing international cryptocurrency transfers. The bank is well known for being called the “Bitcoin Bank” and responded today to “erroneous statements” made by the media. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed Various Reports State the ‘Bitcoin Bank’ Allegedly […]

Cryptocurrency App Users Increase 14-Fold in South Korea

The number of cryptocurrency app users in South Korea has increased 14 times in the last 11 weeks to approximately two million users, according to a recent analysis. Users spend an average of 26 minutes using them daily and the majority of users are in their 30s. Also read: South Korea Urges 23 Countries, EU, and […]

Japan’s Largest Bank to Launch Cryptocurrency Exchange

As bitcoin trading becomes the new mainstream in Japan, leading financial firms are stepping in to offer services to preserve their market share. MUFG, the largest bank in the country, is now planning to launch its own exchange, a pegged cryptocurrency and bitcoin segregated accounts for clients of other exchanges. Also Read: Some UK Mortgage […]

#181 news. 16.01.2018

| photo hacked.com Tuesday events: China accelerate, Alibaba platform crypto; the President of Venezuela wants to co kryptowaluty; Bitcoin falls in the world of sport; member of the Bundesbanku wants international control; the Whole market on fire. • China accelerate, Alibaba platform crypto: According to anonymous sources quoted by Bloomberg, yesterday, the Chinese government gradually […]

Cornell Researchers: Bitcoin Not as Decentralized as Assumed

Cornell University researchers, using the Falcon Relay Network, have concluded that neither of the two most popular cryptocurrency blockchains, Bitcoin and Ethereum, are as decentralized as once thought. A two-year longitudinal study claims Bitcoin underutilizes its network, Ethereum is better distributed than Bitcoin, and Bitcoin’s rewards for smaller miners is often unpredictable due to block […]

Markets Update: The Top 68 Cryptos Dive During the January Slump

Cryptocurrency markets are having a tough time during the third week of the new year as a vast majority of digital assets are down 20 percent or more. Currently, the BTC/USD global average is roughly $12,050 after touching a high of $14,300 just 24-hours prior. The sudden losses started taking place yesterday evening when bitcoin markets […]