Altcoin Buzz

The mysterious Satoshi Nakamoto might be writing a book. At least that is the impression people got from a cryptic message posted at a website which is possibly linked to the Bitcoin creator. This literary piece will apparently contain two parts with the person saying, "I wanted to include it as a brief glimpse of history. Even for those that can't read...

Klaus Kumpfmüller and Helmut Ettl, high representatives of the Austrian Financial Market Authority (FMA), want to introduce stricter cryptocurrency and ICOs regulations, writes Die Press. They believe that the crypto market "opens doors for fraudsters" and that needs to be changed. Particularly, Ettl cited a study conducted in the U.S. according to which 80% of ICOs are fraudulent. He also reminded about...

BitMEX CEO Arthur Hayes predicts BTC to be traded around $50,000 by the end of 2018. Hayes made the prediction during the show Fast Money by CNBC on June 29, commenting "We're one positive regulatory decision away, maybe an ETF approved by the SEC to climbing through 20,000 and even the 50,000 by the end of the year." BitMEX is one of...

Overstock.com's stock rose 12.5% as their subsidiary, tZero (a security token exchange), agrees to deal with Hong Kong venture capital firm, GSR Capital. This deal will give GSR Capital $160 million worth of tZero's security tokens. The stock price of Overstock.com rose 12.5% on Friday 6/29/18 as their cryptocurrency subsidiary, tZero (a security token exchange), made a deal with a...

Is your computer or phone running slow? If yes, you could be mining cryptocurrency without knowing it. Cryptojacking is a form of cyber attack in which a hacker hijacks a target's processing power in order to mine cryptocurrency on the hacker's behalf. The hacker could place malicious software in phones, computers and even smart TV's and refrigerators to mine cryptocurrency without it being...

The Spanish Guarda Civil and the Austrian Federal Police under the auspices of Europol, European version of Interpol, have arrested eight drug lords residing in Spain and Austria.  They seized 5.2 million in Bitcoin and 800,000 doses of LSD. But far from only. The joint forces also confiscated IOTA worth €137 000 ($158 411) and lumen worth €30 000 ($34 688), €2.3 million ($2.7...

Malta's Parliament unanimously voted in three cryptocurrency bills to "regulate the use of blockchain technology and cryptocurrencies." At the beginning of this week, Malta’s Parliament unanimously voted and approved three bills on cryptocurrency and blockchain. The reason for passing the bills according to Silvio Schembri, Junior Minister for Financial Services within the Office of the Prime Minister of Malta, is...

Bithumb, one of the largest crypto exchanges, which has been recently hacked, published a report, in which it claims that it managed to recover almost half of the hacked funds. The losses are now down to $17 million. The hacking happened on the 20th of June. Back then the suspicion was that the hackers "had planted malicious coding into the...

Brian Armstrong, the CEO and Co-Founder of Coinbase, has introduced a new crypto charity service called GiveCrypto.org. “GiveCrypto.org’s mission is to financially empower people by distributing cryptocurrency globally” wrote Armstrong on his announcement via Medium.com. The charity is aiming to raise $10 million dollars for its fund, and it has already raised $3.5 million, assisted by a $1 million-dollar donation...

Charles Hoskinson, founder of Cardano (ADA) says Wall Street might bring tens of trillions of dollars into crypto. Cardano is the eight largest cryptocurrency according to Coinmarketcap with a market cap of $3.5 billion. Cardano is a platform that strives to become the "Internet of Blockchain" by making it possible for different currencies to co-exist side by side. It uses a Proof-of-Stake...