Cryptocurrency markets are doing much better the day after the digital asset exchange Binance lost roughly 7,000 BTC ($40 million). Immediately after the trading platform officially announced the multi-million dollar loss, the cryptoconomy shed billions but since then most digital assets have recovered and markets are doing surprisingly well. Also read: $500K of BCH Shuffled in Record-Breaking Cashshuffle … Continue reading →
Cryptocurrency mining firm Argo Blockchain expects a breakeven in May following an investment in new mining equipment. Cryptocurrency mining firm Argo Blockchain expects a breakeven following an investment in new mining equipment, according to a press release published on the London Stock Exchange’s (LSE) site on May 8. London-based Argo said that it expects a cash breakeven in … Continue reading →
Despite the recent hack and theft of 7,000 bitcoins from crypto exchange Binance, the coin is making decent gains on the day. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making … Continue reading →
Facebook has revised its policy on blockchain-related ads and educational materials regarding cryptocurrencies. Ads pertaining to blockchain tech, industry news, as well as events and educational materials for cryptocurrencies can now be displayed on Facebook without prior approval. The social media giant announced the development on Facebook Business on May 8. This marks a change from last year, … Continue reading →
The British monarch responded enthusiastically when quizzed about his knowledge of blockchain and cryptocurrency. One of the United Kingdom royal family’s most prominent members believes blockchain is an interesting development, according to candid comments he gave during a meet and greet on May 7. While visiting Berlin, Prince Charles engaged with spectators outside the Brandenburg Gate, at one … Continue reading →
Eight people have been arrested for allegedly operating a money laundering scheme involving cryptocurrencies. In Spain, eight people have been arrested for allegedly operating a money laundering scheme involving cryptocurrencies, Europol announced in a press release on May 8. Per the release, the group laundered money by exchanging fiat currency to crypto assets. The individuals reportedly used cryptocurrency … Continue reading →
European crypto exchange Bitstamp hired a former Coinbase and Barclays executive as head of United States operations. European crypto exchange Bitstamp has appointed a former Coinbase executive as head of United States operations, Finance Magnates reports on May 8. Bitstamp, an entrant of the top 50 crypto trading platforms by daily trading volume, has hired Hunter Merghart in … Continue reading →
Bogart claimed that the crypto endeavors of social media giant Facebook could result in the cryptocurrency user base doubling or tripling. Blockchain Capital partner Spencer Bogart claimed that the crypto endeavors of social media giant Facebook could result in the cryptocurrency user base doubling or tripling. Bogart made his remarks during an interview with Bloomberg published on May … Continue reading →
The Canadian mining giant suffered during last year’s “crypto winter” but remains upbeat about the future. Canadian bitcoin (BTC) mining company Hut 8 made almost $50 million in revenue last year but triggered total losses of almost $140 million, according to an annual earnings report released on May 6. Hut 8, which counts itself as one of the … Continue reading →
Israeli police and the United States Federal Bureau of Investigation have arrested at least two men and reported others. Israeli police and the United States Federal Bureau of Investigation (FBI) have arrested at least two men and reported others in a takedown of a bitcoin-enabled dark web listings site, the Israeli police force announced in two official tweets … Continue reading →
