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cryptocurrencies News

Visa and banks cause problems for Coinbase customers

San Francisco - The credit card issuer Visa has been the cause of Coinbase's multiple problems with its users' cryptocoin accounts that have included reversed transactions, unauthorized withdrawals and unexplained fees.

Ripple rises as it now will be listed on Coinbase

Ripple did very well in 2017 making far greater gains than the top two cryptocoins Ethereum and Bitcoin. The gains extended into early January.

Bitcoin price in recovery mode at over $8,000

The number one cryptocoin, bitcoin is in recovery mode today after bottoming out the other day below the six thousand mark.

Crypto-mining botnet spreads to thousands of Android phones

An extensive botnet of Android devices has rapidly grown since coming to life this week. The ADB.Miner attack is infecting phones and using them to mine cryptocurrency coins. It's the latest example of a new class of crypto-mining cyberattack.

Samsung starts making cryptocurrency mining chips

Samsung has confirmed it's producing specialist processing chips used for cryptocurrency mining. Now the largest semiconductor business in the world, the company is diversifying its operations to increase revenue. It has begun manufacturing an ASIC chip.

Facebook clamps down on cryptocurrency ads

Facebook's announced a change to its ad policies that bans ads for products including cryptocurrencies and ICOs. The company said online cryptocurrency promotions are often "misleading or deceptive," adding it wants to remove scams from its platform.

Cryptocurrency driving boom in graphics card sales

The current crypto-cash boom has led to a graphics card rationing, due to a spike in sales triggering a drop in supply and a hike in prices.

Op-Ed: Blockchain looking dumb after $400 million ‘disappears’

Tokyo - It’s exactly what blockchain is supposed to prevent; $400 million in an obscure cryptocurrency called NEM simply vanished. The exchange is baffled, and the blockchain myth of transparency has taken a serious kick in the teeth.

Pulses of light to protect cryptocurrencies

Technologists have successfully used pulses of light to encrypt data. This technology could be used to protect the security of cryptocurrencies.

Op-Ed: Bitcoin price recovers to break through $13,000 briefly Jan. 20

The price of bitcoin recovered to breach the $13,000 level briefly today and has risen more than ten percent over the last 24 hours. Many cryptocurrencies are staging a recovery from the recent downturn.

deVere Group reveals new cryptocurrency trading app

One of the world's largest independent financial advisor networks has announced it's readying a new cryptocurrency trading app in response to "soaring" demand. deVere Group said fintech is having a "fundamental" impact on the way we use and manage money.

Op-Ed: Dogecoin founder claims 2017 was worst year yet for cryptocoins

San Francisco - Jackson Palmer is a technologist and entrepreneur from Australia known for his creation of the successful "joke" cryptocurrency dogecoin. He can be followed on his Twitter or Facebook account. He is now based in San Francisco California.

Bitcoin market turns bearish as China plans 'orderly exit'

Bitcoin's value is slipping after leaked documents from China suggest the country's finance regulator could clampdown on cryptocurrency mining. Israel's central bank has also voiced concerns, saying today it will not recognise Bitcoin as a real currency.

Iota, a different kind of cryptocoin

IOTA stands for "Internet of Things Application". The platform is designed to provide secure communications and payments between all the different items on the Internet of Things (IoT). The name also relates to small things communicating within the IoT.

Stellar the star cryptocoin has stellar start to the New Year

What could become the hottest digital coin of 2018 climbed in price from Friday December 29th 2017 more than 65 percent to become the 8th largest cryptocoin by capitalization on Tuesday January 2nd with a market cap of $10 billion.

Opera gets built-in cryptocurrency mining blocker in version 50

Opera has launched the fiftieth version of its web browser, described as a "milestone " edition with several innovative new features. The headline addition is a built-in cryptocurrency blocker that prevents websites using your CPU to generate coins.

North Korea allegedly hacking PCs to mine Monero cryptocurrency

North Korea has been accused of hacking server networks to install mining scripts for the Monero cryptocurrency. A new Monero mining hacker group has been seizing control of servers over the past year. It's now been linked back to North Korea.

Ripple rises to become second largest cryptocurrency

The Ripple cryptocurrency has rocketed in value over the past week to become the second most valuable by market cap. After experiencing massive growth over the holiday season, Ripple has surpassed Ethereum and reached a market cap of over $100 billion.

Op-Ed: Bitcoin price falls as interest turns to other cryptocurrencies

Bitcoin appears to have topped out as excitement about the first two future exchange launches fades and attention turns to other cryptocurrencies particularly bitcoin cash.

Coinbase starts investigation into Bitcoin Cash 'inside trading'

Coinbase has launched an investigation into claims that insider trading inflated the price of Bitcoin Cash yesterday. Coinbase unexpectedly opened its Bitcoin Cash exchange on Tuesday but then stopped purchases as the price rocketed above market value.

Cryptocurrency exchange Youbit to close after second hack attack

The South Korean cryptocurrency exchange Youbit has announced it will shut down its marketplace. The company has been hacked for the second time in the past year. Cybercriminals made off with 17 percent of Youbit's assets after raiding its exchange.

Bitcoin breaks through $19,000 setting new high

As investors prepare for a second bitcoin futures launch by the Chicago Mercantile Exchange (CME) its price reached a new high of $19,783.06 at 12:14 UTC today , December 17th.

Gibraltar to launch fintech licenses for blockchain startups

Gibraltar will create a license for startups using blockchain tech as it seeks to attract more fintech firms to its territory. The specially designed license will be the first of its kind. It will formally recognise blockchains as a way to make payments.

Litecoin creator Lee warns about the risks of buying litecoin

Recently the price of litecoin a smaller competitor of bitcoin, and in many ways similar, shared in the meteoric rise of its big brother. Its price more than doubled from Sunday Dec. 10 to over $300 on Tuesday morning.

Banking cryptocurrency Ripple increases in value by over 50%

The cryptocurrency Ripple has more than doubled in price this week and is now the fourth largest by market cap. Ripple has overtaken Litecoin, another alternative coin with similar gains over the past week. Bitcoin's rally is driving the trend.

Coinbase CEO warns users to 'invest responsibly'

The CEO of Coinbase has penned a blog post warning users to be careful when investing in cryptocurrencies. Noting that Bitcoin and alternative coins remain volatile, Brian Armstrong said investments should be made "responsibly."

Litecoin reaches record highs up over 4,000 percent for the year

Not only bitcoin has been soaring to new heights lately but Litecoin a competitive coin released by Charlie Lee on October 13th 2013 based on the bitcoin core but having several differences.

Bitcoin breaks $16,000 barrier with new record high

Thursday morning bitcoin broke through the $15,000 barrier. In fewer than 12 hours, or just half a day, the coin's price rose more than $2,000.

Mexico passes bill to regulate cryptocurrencies and fintech firms

The Mexican Senate has approved a bill to regulate the use of fintech in the country as demand rapidly grows. Mexico is becoming a centre of fintech attention, a trend which the government is concerned could threaten financial stability.

Op-Ed: Should Bitcoin be banned? Nobel Prize winner says Yes.

Sydney - Bitcoin is either a financial revolution or a paradise for money launderers, depending on your point of view. It’s a hard market to get into, and its reputation as an investment grows murkier by the second.
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