Industry

While the value of Bitcoin remains down in the dumps, so to speak, its believers still have stars in their eyes. Many crypto investors are adamant that their holdings will eventually retest their all-time highs, prior to another jaw-dropping rally. And while countless cynics have begged to differ, these hopes were validated recently with an…

Another week, another Crypto Tidbits. In spite of the constant stream of bullish tweets from CNBC’s social media team, the crypto industry steadily chugged higher over the past week. Bitcoin surmounted $4,000, as a number of cryptocurrencies, like Cardano and EOS, posted staggering gains. Fundamentally, the industry was also strong. In fact, Flipside Crypto’s FCAS…

Months after the Cryptopia debacle and mere days after the DragonEx imbroglio, reports and blockchain data suggest that Bithumb, South Korea’s largest crypto exchange has been hacked (yet again) for a large amount of EOS and potentially XRP. The last time the Korean exchange was attacked, it lost approximately $30 million ($14 million of which…

The crypto bear market has been the longest on the record books, causing most cryptocurrencies to decline in value by 85% or higher. While the flight of capital from the crypto market has been brutal for retail crypto investors who bought in at the height of the hype bubble, the bear market has proven to…

Mining for Bitcoin is a unique and modern twist on what has typically been a traditionally non-digital activity that has powered economic growth around the world for centuries – oil mining. Although mining for oil and mining for Bitcoin share few similarities beyond the principle concept, a unique system in place at a Canadian oil…

Last year, the narrative was that institutional money was going to wrest cryptocurrencies from bears’ grasps. This year, it seems that investors are latching onto the impending Bitcoin (BTC) block reward reduction (halving), which will reduce natural selling pressure on the crypto market. A leading analyst claims that the auspicious event, slated to occur in…

Cryptocurrency exchanges are charging their customers more than what an average mainstream stock exchange does, according to Alex Krüger. The cryptocurrency analyst broke down the fee structure of some of the most popular crypto spot trading platforms. He compared the commissions charged for the lowest volume trades with those imposed by traditional brokers and exchanges,…

While the crypto wealthy have been known to be generous (just look at the Pineapple Fund), their charitable habits have diminished over the course of the ongoing bear market, which has pushed Bitcoin from $20,000 to $4,000. But, Justin Sun, the chief executive of the Tron blockchain project, doesn’t seem to be abiding with this…

The crypto industry has once again bore witness to an exchange being hacked by nefarious actors, with the latest exchange to fall victim being the Singapore-based DragonEx, which announced today that an undisclosed amount of multiple digital currencies have been stolen. The latest hack is now highlighting the importance of cryptocurrency traders and investors utilizing…

As much as some like to sugarcoat it, the crypto market has lost 85% of its value since the jaw-dropping early-2018 peak. This collapse, which pushed Bitcoin from $20,000 to $4,000, has effectively stopped the cryptocurrency gravy train dead in its tracks. Gone are the days that “blockchain” was a popular word at the dinner…