Futures trading in bitcoin opened the door for naysayers to participate in the trading market, which had previously been largely dominated by true believers. Now the naysayers have pushed bitcoin’s price down sharply. Since closing at a peak above $19,000 on December 18 — on the first day of futures trading — bitcoin has lost […]
With all the noise about bitcoin and other cryptocurrencies in the news, the word “blockchain” is quickly becoming a household term, though most of us have no idea what it is. You could liken it to when my car-savvy husband exclaims that the alternator on our car may need to be replaced, a similar ignorance […]
A new hacking offensive against cryptocurrency investors uses malware similar to that deployed in North Korea’s attack on Sony Pictures Entertainment and its WannaCry ransomware assault, cybersecurity researchers said, providing further evidence of Pyongyang’s involvement in crypto heists. U.S. cybersecurity firm Recorded Future in a report on Tuesday identified the Lazarus group—a hacking operation with […]
As the fluctuating bitcoin market has everyone talking, new research has thrown light on which companies are the leading filers of patents related to blockchain, the technology which underpins the world’s best known cryptocurrency, but whose application could extend to multiple different sectors. Among the leaders are the giant financial institutions Bank of America (which […]
Shares of MoviePass majority owner Helios & Matheson Analytics Inc. HMNY, +29.33% rose as much as 39% from Tuesday’s close during trading hours on Wednesday. Helios & Matheson Chief Executive Ted Fanrsworth said he and MoviePass Chief Executive Mitch Lowe have been exploring the possibilities of blockchain technology for more than a year, according to […]
Bitcoin boosted the returns of two of the top-performing exchange-traded funds last year, signaling that some fund companies aren’t waiting for regulators to approve a U.S. fund devoted exclusively to the cryptocurrency. Bitcoin is the largest holding of two ETFs from Ark Investment Management, a New York-based investment firm that owns shares in a trust […]
ERC-20 came about as an attempt to provide a common set of features and interfaces for token contracts in Ethereum, and has proved to be very successful. ERC-20 has many benefits, including allowing wallets to provide token balances for hundreds of different tokens and creating a means for exchanges to list more tokens by providing […]
South Korean regulators said they have started on-site inspections of the country’s large commercial banks, marking a change of tack in authorities’ efforts to clamp down on cryptocurrency speculation in one of Asia’s hottest bitcoin markets. South Korea’s lead securities regulator said Monday that it is inspecting six of the country’s biggest financial institutions to […]
Bitcoin Is a Hit in Countries Where Locals Face Currency Troubles Sudan, Kenya and South Africa have seen a surge in bitcoin use over the past year By Matina Stevis-Gridneff in Nairobi, Kenya, and Georgi Kantchev in London Updated Jan. 4, 2018 1:58 p.m. ET In Sudan, a young woman wants her dowry paid in […]