Mastercard Had An Outage, So Crypto Had a Field Day

Payments giant Mastercard suffered a severe outage last week that led to a hold-up in transactions. As reported on July 12 by the Financial Times, it had a global impact, sparking a round of complaints from the payment firm’s customer base. As might be expected, those affected quickly took to social media to voice their frustration […]

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Over 1,000 Cryptocurrencies are “Dead Projects”

While not all cryptocurrencies and tokens are built to last, the math shows token projects and forked digital currencies abandoned, shut down, and scammed are far greater than one may think. “Dead Coins” As per data collated by Coinopsy and Dead Coins, two digital currency tracking websites, an estimated 1,000 cryptocurrencies projects are lacking any […]

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Akoin For Africa? Hope, Cynicism Collide As Singer’s Coin Catches Fire

It’s an undertaking that can’t be exaggerated: Akon – the American-Senegalese R&B singer, songwriter and producer – is creating a new cryptocurrency called “Akoin.” Yes, you heard that right. As Akon tells it, the forthcoming coin will serve as the currency for a yet-to-be-developed city in the country of Senegal. The “Akon Crypto City” will occupy […]

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Bank of International Settlements to Publish New Crypto Research

The Bank of International Settlements (BIS) is dedicating two chapters of its forthcoming annual economic report to cryptocurrencies. BIS – considered to be the central bank’s central bank – will publish those two chapters this weekend on June 17, the institution announced this week. The full report will be published on June 24. The upcoming […]

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Zcash Leaves Crypto Market Behind with 50 Percent Weekly Spike

The cryptocurrency markets are flashing red as the third week of May comes to close. The total market capitalization of cryptocurrencies has dropped by 14.48 percent to $366 billion in the last 7 days, taking the month-to-date losses close to 30 percent, according to CoinMarketcap. Further, the probability that the cryptocurrency market will regain poise next […]

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Bolivar to Bitcoin Trading Surpasses a Record $1 Million per Day

Join our community of 10 000 traders on Hacked.com for just $39 per month. Venezuela’s economic situation has been steadily declining in the past few years, bringing Venezuelans to turn to cryptocurrencies. According to VeneBloc data, the bolivar-to-bitcoin market recently reached a new record, as the equivalent of $1.009 million in bolivars were exchanged for […]

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First Bitcoin Cash Ransomware Makes It Impossible to Decrypt Files

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Ransomware extortionists have seemingly started using Bitcoin Cash (BCH) for ransom payments as well, according to a report published by Bleeping Computer. The first ransomware strain to use the cryptocurrency, dubbed Thanatos, makes it impossible for users to decrypt their files, even […]

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Bitwise Exec Predicts Trillion Dollar Crypto Market Cap this Year

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Matt Hougan has made a career shift from ETFs to cryptocurrencies. He jumped from the traditional fund market to a cryptocurrency index-fund manager, a market he described to Bloomberg as a “generationally significant opportunity with interesting challenges.” He joins San Francisco-based Bitwise […]

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