‘HODLers Be HODLing’: 55% Of Bitcoin Sits in Multimillion Dollar Wallets

Over half the Bitcoin supply sits in wallets holding over 200 coins ($1.25 million), indicating faith among major bagholders remains, new research released September 17 suggests. Diar: Investors ‘Keeping The Faith’ The data, compiled by cryptocurrency market research newsletter Diar in its latest weekly edition, echoes similar findings from industry researchers appearing throughout 2018. Despite …

Hackers Find Goldmine by Cryptojacking Indian Government Websites

As the Indian government further complicates their stance on whether or not citizens should be allowed to trade and own cryptocurrencies, hackers have found a way to exploit government websites in order to make a fortune in cryptocurrency through a popular hack called cryptojacking. A team of security researchers have found that multiple government owned …

Tim Draper: Crypto Market Will Reach $80 Trillion Within 15 Years

Venture capitalist and famous cryptocurrency supporter Tim Draper exposed his prognostic on the cryptocurrency market at the DealStreetAsia PE-VC Summit in Singapore last Wednesday, when he predicted that it will rebound to $80 trillion within 15 years.  The Revolution The famous investor thinks that blockchain and cryptocurrencies are “going to have such a transformative effect …

New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit …

“Crypto Is Not Dead” Says Allianz Chief Economic Adviser

Despite the fact that the cryptocurrency market has lost over $600 billion of its capitalization since January, the Chief Economic Adviser of Allianz maintains that it’s not even close to being dead. “Crypto Is Not Dead” 2018 has been rough for cryptocurrencies as the total market shrank from near $800 billion in January to $199 …

Citigroup, Morgan Stanley’s Have Shown Institutional Demand For Bitcoin is Surging

Over the past week, Citigroup and Morgan Stanley have doubled down on their plans to offer tradable instruments and products around Bitcoin. Alistair Milne, the chief information officer at Altana Digital Currency Fund, stated that the increasing interest towards cryptocurrencies as an asset class by banks and regulated financial institutions is crucial, as it demonstrates …

Huobi Enters Japanese Market With BitTrade Acquisition

Huobi Japan Holding Ltd. has acquired a majority stake in Japanese cryptocurrency exchange BitTrade, marking the top-three exchange’s formal entry into the Japanese market. BitTrade, which is one of the 16 government-approved crypto exchanges in the country, announced the news yesterday, September 12, 2018. Japan’s Financial Services Agency (FSA) began issuing exchange operating licenses in …

CRYPTO: A Micro-Short Bitcoin Horror Film

As bitcoinists, we all know how constant cycles of terror and relief can feel a bit like a horror film at times. Writer/director Alex J. Mann has translated that feeling into an actual horror film, and it will only take you a minute and a half to watch. Pop Culture Any crossover between bitcoin and popular culture can …