It’s happened again, folks. Another scam in the multi-millions has hit the world of cryptocurrency, and we’ve got the latest scoop. This time, our attention turns to a wallet scam targeting the newly-created bitcoin gold (BTG), where things haven't been going as smooth as its followers wanted. Also read: Ben Lawsky, Man Who Gave Us the ‘BitLicense’, Joins Ripple … [Read more...] about Bitcoin Gold Wallet Scam Whisks Away $3 Million in Users’ Funds
Benjamin Lawsky, the former superintendent of financial services for New York State, is joining Ripple's board of directors. The company also appointed investment banker and TubeMogul CFO Ron Will as its own new CFO. Also read: Bitcoin Price Rises Another $300, Have We Reached the Mainstream? Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, … [Read more...] about Ben Lawsky, Man Who Gave Us the ‘BitLicense’, Joins Ripple Board
Rival privacy coins DASH, Monero and Zcoin are hovering around all-time-high prices this week -- with DASH in particular standing out by topping and staying above $500 USD. Are holders starting to worry about the attention they receive? Also read: Using Bitcoin and Virtual Currencies Is Illegal, Says Morocco Central Bank Join the Bitsonline Telegram channel to get the … [Read more...] about DASH, Monero and Zcoin Soar as Traders Turn to ‘Privacy Coins’
Bitcoin’s value is continuing to grow as governments show less ability to guarantee the safety of citizens' money. BTC is the U.S. dollar's growing rival accordingly. Also read: Coinbase to Take Control of Certain Users’ Bitcoin Wallets A Growing Need for Bitcoin As we’re all aware, bitcoin bears no physical presence the way fiat currency does, and banks aren’t necessary … [Read more...] about Bitcoin Replaces the Dollar: Could it Happen?
The company behind tethers today released a “Critical Announcement”, stating a hacker had removed $30,950,010 worth of the digital assets from the Tether Treasury wallet on November 19th, 2017. However, the announcement also added that because tether is a centrally-issued asset, the entirety of the stolen funds are likely to be either recovered -- or isolated from … [Read more...] about Tether Tries ‘Temporary Fork’ to Nix $31 Million Token Theft