Crypto Hacks Take $1.7 Billion in 2018—Yikes!

Yesterday, a rather shocking cryptocurrency anti-money laundering report was released by the crypto analytics company CipherTrace. This report states that around $1.7 billion worth of cryptocurrency was obtained illegally in 2018. What’s more surprising is that crypto hacks happened three times more than in 2017. No wonder institutional investors don’t want to put big money…

Canadian-based Kik Said It Will Take on SEC Over ICO

Kik, a Canadian-based cryptocurrency social media startup, has warned the SEC that it would fight back against alleged securities infractions. As first reported by the Wall Street Journal, Kik is fighting back regarding its 2017 initial coin offering (ICO). Kik Fights Back During its ICO, the Canadian-based app company raised almost $100 million in…

JPMorgan Claims Bitcoin Isn’t Worth Mining Anymore

JPMorgan analysts are taking jabs at Bitcoin once more. The executives at this major US bank have never been fond of digital currency and blockchain technology. Jamie Dimon, JPMorgan’s CEO, temporarily pulled back on his comments when BTC hit its all-time highs. Shortly after, the coin began to crash, and his skepticism picked up again.…

Binance Launches OTC Trading Desk, Following Bittrex

Binance has just released a new over-the-counter (OTC) trading desk for larger transactions. The world’s number one-ranked cryptocurrency exchange released the new announcement yesterday via blog post. Binance Launches OTC Desk Last week, the largest US cryptocurrency exchange Bittrex launched its over-the-counter trading platform. Bitfinex was the first platform to initiate it back in…

Ripple Backs Chinese Blockchain Research Scholarship

Ripple is supporting a major Chinese research university to launch a blockchain research scholarship. The news was confirmed earlier this week. Blockchain Research Scholarship The scholarship program is being run by the Institute for Fintech Research at Beijing’s Tsinghua University (THUIFR) in collaboration with Ripple. Beijing’s Tsinghua University is one of the nine most prestigious…

John McAfee Will Run His Presidential Campaign Overseas

US entrepreneur and crypto enthusiast John McAfee has fled the United States to conduct his 2020 presidential campaign. The McAfee 2020 Campaign is, as of this day, in exile. I am being charged with using Crypto Cuttencies in criminal acts against the U. S. Government. More videos coming shortly. Stay tuned. pic.twitter.com/C75zcbnKTD — John…