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One of bitcoin's biggest problems is showing signs of getting better
Posted on Friday February 23, 2018

That's a question research analysts at Deutsche Bank examined in a short note sent out to clients Wednesday. Analysts Paul Condra and Mrinalini Bhutoria examined how bitcoin's scaling problem might be improving despite a slight uptick in the coin's price.

'Shark Tank' Stars Discuss Investing Amid Stock Volatility, Tax Reform, and Bitcoin
Posted on Friday February 23, 2018

The stars of ABC’s Shark Tank are not shy about offering their opinions. Anyone who has tuned in for even one aspiring entrepreneur’s pitch on the business competition reality show has likely witnessed several of the “sharks” circling a contestant ...

Secretive Chinese bitcoin mining company may have made as much money as Nvidia last year
Posted on Friday February 23, 2018

Based on conservative estimates of gross margin of 75 percent and operating margin of 65 percent, Bernstein analysts calculate that Beijing-based Bitmain made $3 billion to $4 billion in operating profits in 2017. In contrast, Nvidia's operation profit was ...

Why I Bought Some Bitcoin
Posted on Friday February 23, 2018

I bought a small position in the Bitcoin Investment Trust. I think there is the potential for strong gains due to the supply/demand situation. It might be a gamble, but it adds some excitement to the process of investing. I have been watching the price of ...

Is anyone actually spending bitcoin?
Posted on Thursday February 22, 2018

The creator of bitcoin intended the cryptocurrency to be used just like cash — to buy and sell goods and services. And for a while, it was. (The first purchase was two Papa John’s pizzas—for 10,000 bitcoin.) Load Error Today, though, bitcoin is ...

Robinhood’s Zero-Fee Bitcoin, Ethereum Trading Is Live In Five US States
Posted on Friday February 23, 2018

Robinhood Crypto’s commission-free trading is live in California, Massachusetts, Missouri, Montana, and New Hampshire, $100 bln transaction volume reported. The first users to get access to the commission-free platform are customers residing in the US ...

High Stakes: Ethereum's Fight Over Lost Funds Explained
Posted on Friday February 23, 2018

The "world computer" is ensnared again in a heated debate. Sparked by a controversial code proposal called EIP 867, ethereum's development forums have become something of a battleground, crowded with bitter commentary, snide pull-requests and coordinated ...

Ethereum game developer makes over $500,000 in 1 day
Posted on Thursday February 22, 2018

History has just been rewritten. In the last 24 hours one game developer earned more than $500,000 from Ethereum game. But let’s start from scratch. I am familiar with this data because I run a website called DappRadar. It tracks most of Ethereum games ...

You can now buy and sell bitcoin and ethereum without paying any commission on Robinhood — but you'll have to wait in a 1 million person line
Posted on Wednesday February 21, 2018

Commission-free brokerage site Robinhood is offering users a chance to trade bitcoin and ethereum with zero transaction fees. The feature is only available in select states, and there are already more than 1 million people on the waitlist. The move to ...

Poor smart contract coding exposes millions of dollars in Ethereum
Posted on Friday February 23, 2018

Smart contracts are meant to be just that; smart, irrevocable, transparent, and secure. It was only back in November when the intelligent element of smart contracts was cast into doubt after an individual known only as "DevOps199" stumbled across the ...

CRYPTO INSIDER: Litecoin is on a tear
Posted on Friday February 23, 2018

Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox. Litecoin continues to outpace other major cryptocurrencies, and is up ...

Litecoin Bounces Back After Turbulent Week
Posted on Friday February 23, 2018

Litecoin prices recovered today, pushing higher after suffering a sharp decline earlier this week. The alternative protocol asset’s (altcoin) price rose to $216.13 today, according to CoinMarketCap. At this level, it was up more than 17% from the weekly ...

Litecoin Price Forecast: Will LTC Price Rout After LitePay Launch?
Posted on Friday February 23, 2018

We identify a pattern developing in crypto prices as crypto markets recover on Friday after a two-day slump. Prices seem to be following a routine here, whereby prices drop around mid-week and then begin to reverse their fall toward the end of the week.

Litecoin Cash is Surging, but It May Not Last Long
Posted on Friday February 23, 2018

Litecoin Cash is riding high, but it’s not certain that it will keep going. The fork from Litecoin, the fifth-largest cryptocurrency, has been dismissed as making little changes to the original token and even described as a “scam” by Litecoin creator ...

Litecoin Cash Has Forked But It's Hardly Trading
Posted on Thursday February 22, 2018

Call it a slow start. A plan to launch a new cryptocurrency by forking the litecoin blockchain went off without a technical hitch over the weekend, but at press time, the market isn't exactly embracing the new coin. Currently trading at just $5 on a little ...

L.A. Times website injected with Monero cryptocurrency mining script
Posted on Friday February 23, 2018

An unsecured AWS S3 bucket allowed attackers to inject a Monero mining script into a website run by the L.A. Times. Extensive use of the Coinhive mining platform by hackers has led browser and anti-malware vendors to block access outright. The Homicide ...

The number one reason Monero is a cryptocurrency investment winner
Posted on Monday February 19, 2018

If cryptocurrency history is written by the winners, then this is the year for Monero (XMR), the anonymous crypto coin, to add its name to the ledger. As of this week, Monero has a market cap of $4.5 billion, trading at $287 and is the 13th largest ...

Hackers exploit Jenkins servers, make $3 million by mining Monero
Posted on Tuesday February 20, 2018

If you run a Jenkins server, you might want to make sure it is fully patched, since researchers found “one of the biggest malicious mining operations ever discovered.” The cyber crooks have already made more than $3 million by installing malware that ...

Crypto-mining malware nets hacker group $3.4 million worth of Monero coins
Posted on Tuesday February 20, 2018

Israeli security firm Check Point uncovered a large-scale cryptocurrency mining operation which installed malware on servers running Jenkins, an automation software designed for web development. The mining operation has, to date, mined around $3.4 million ...

Hacker Group Makes $3 Million by Installing Monero Miners on Jenkins Servers
Posted on Saturday February 17, 2018

A hacker group has made over $3 million by breaking into Jenkins servers and installing malware that mines the Monero cryptocurrency. Hackers are targeting Jenkins, a continuous integration/deployment web application built in Java that allows dev teams to ...

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