Tuesday, August 4, 2020

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$8.5 billion lost in blockchain & crypto-related cyber security attacks

The world lost a whopping $8.5 billion due to blockchain and crypto-related hacking incidents, online security firm PreciseSecurity said in a report. The report highlights the...

Tether, Not Bitcoin, Likely the World’s Most Used Cryptocurrency

(Bloomberg) -- What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70% of all the digital-asset world’s...
xrp ripple; xrp sale increase

Third-Biggest Crypto Coin Barely Causes a Ripple

(Bloomberg) -- Amid the astonishing recovery this year by most of the world’s biggest cryptocurrencies, one stands out. The token known as XRP has...
Bitcoin Pioneer Skeptical of the Latest Satoshi Nakamoto

Bitcoin Pioneer Skeptical of the Latest Satoshi Nakamoto Claim

(Bloomberg) -- Jeff Garzik used to exchange emails with Satoshi Nakamoto before the anonymous creator of Bitcoin disappeared years ago. He doubts Satoshi has...
bitcoin; dark web

Bitcoin Criminals Set to Spend $1 Billion on Dark Web This Year

(Bloomberg) -- Bitcoin’s use in illegal online marketplaces is on pace to set a record this year at more than $1 billion, according to a...
bitcoin surpasses 11000

Bitcoin Surpasses $11,000 as Memories of Popped Bubble Fade

(Bloomberg) -- Bitcoin traded above $11,000 for the first time in 15 months, recouping more than half of the parabolic increase that captured the attention...
businesliveme post image

Is Oman Ready for Cryptocurrency?

With the advent of rapid technological advancement in the financial sector, Cryptocurrency has gained significant momentum; and is regulated using encryption techniques. Drawing interest...
libra; digital token; payments; transfers; send cash

Is Facebook Libra Better Than Bitcoin?

(Bloomberg Opinion) -- Facebook on Tuesday launched its ambitious new cryptocurrency - Facebook Libra - which targets 2.6 billion users and is backed by up...

Cryptocurrency Winners Are Starting to Emerge

(Bloomberg Opinion) -- The value of all cryptocurrencies in circulation is about $275 billion, which is around the same level as late November 2017. But...
cryptocurrency exchange

UAE Crypto Exchange Set to Get First Approval

(Bloomberg) -- A five-year-old cryptocurrency exchange in the Middle East is poised to become the first to receive a special license to operate in...