Popular Chinese Firm Cheetah Mobile Launches Crypto-Wallet

The Chinese tech giant Cheetah Mobile has announced this week it just launched a new multi-cryptocurrency wallet that stores bitcoin core (BTC) and ethereum (ETH). The firm’s ‘Safewallet’ features a three-tiered security defense system with an intuitive interface. Also Read: Markets Update: Bears Claw Cryptocurrency Prices Down to New Lows Cheetah Mobile Introduces BTC/ETH Compatible Wallet Cheetah Mobile is a mobile internet provider and application producers based out of Beijing China. The company is the creator of some of the world’s most popular mobile applications and as of January 2017, the…

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Diversify They Said: Bitcoin’s Drop Sparks Double Pain For Altcoin Holders

Bitcoin has proven its worth in a fresh market downturn as altcoin assets across the board dramatically overtake its losses. Bitcoin Steadiest Top-50 Asset A glance at Coinmarketcap’s top fifty cryptocurrency asset prices Friday reveals even Ether (ETH) to have lost around 7% more than Bitcoin’s 15.5% daily minuses. Ripple shed 31%, Bitcoin Cash 20% and Cardano 37%, putting it just behind Ardor’s 39% as the top fifty’s biggest loser as of press time. The only asset to buck the trend in the top one hundred assets is Digix DAO,…

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Leaked Document Appears to Show NSA Infiltrated Cryptos, Tor, VPN

A photograph posted on imageboard 4chan appears to show a leaked 21 August 2017 memorandum from the US Army Cyber Protection Brigade. The document alludes to the US Army teaming with the National Security Administration (NSA) in ongoing successful investigations against “Tor, I2P, and VPN,” with a request for additional funding for further projects against cryptocurrencies. Also read: Nassim Nicholas Taleb vs David Birch on The Bitcoin Standard Leaked Document Appears to Show Privacy Solutions Compromised “The success we have had with Tor, I2P, and VPN,” begins a reportedly leaked picture…

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The Cryptocurrency Markets Are Having an Interesting Week

The crypto markets have been having an interesting week to put it mildly. Seas of red and deep cuts have had the vultures circling, the the weak hands folding, and the naysayers expending their lifetime’s allocation of “I told you so’s”. While the last two weeks have been painful for anyone who bought bitcoin in December or ripple in January, they’ve been welcomed by many as “a necessary correction” and an opportunity to pick up cheap coins. Also read: Tether Printed One-Third of All USDT After Receiving Subpoena Flash Sale for…

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Bank of Russia Allows Crypto Mining But Proposes Miners Sell Their Coins Overseas

The Bank of Russia said it will allow cryptocurrency mining in the country, given tax, control, and reporting considerations. However, the central bank also proposes for crypto miners to sell their coins overseas, which will still oblige them to pay taxes. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bank of Russia Allows Mining The Russian central bank has offered to allow the mining of cryptocurrencies in Russia, but proposes that the miners must sell their coins outside of the country, RBC reported on Thursday. At the Bank of…

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NY Power Authority CEO Wants to Give Cheap Electricity to Mine Bitcoin

The New York Power Authority CEO has recommended that the organization approve a request for cheap energy towards Bitcoin mining in the town of Massena, New York. From Smokestacks to Server Racks The state of Washington immediately comes to mind when talking about bitcoin mining operations in the US. But New York? NCDC (North Country Data Center Corp), a subsidiary of Coinmint, is planning to set up a mining center at a closed site for a traditional smokestack industry in Massena, located on the shore of the St. Lawrence River…

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NY Power Authority CEO Wants to Give Cheap Electricity to Bitcoin Miners

The New York Power Authority CEO has recommended that the organization approve a request for cheap energy towards Bitcoin mining in the town of Massena, New York. From Smokestacks to Server Racks The state of Washington immediately comes to mind when talking about bitcoin mining operations in the US. But New York? NCDC (North Country Data Center Corp), a subsidiary of Coinmint, is planning to set up a mining center at a closed site for a traditional smokestack industry in Massena, located on the shore of the St. Lawrence River…

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Japan Unfazed By Recent Exchange Hack Realizing Cryptocurrencies Not to Blame

Japanese investors are undeterred by the recent Coincheck hack and the general public is now more interested in cryptocurrencies due to the constant hype in the media. Bitflyer, Japan’s largest crypto exchange by volume, is seeing a rapid increase in the number of registered users. “Ironically, many people got interested in cryptocurrencies after this incident,” an executive of the exchange told news.Bitcoin.com. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies The Aftermath of Coincheck Hack It has been a week since a major Japanese cryptocurrency exchange, Coincheck,…

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PR: Neurogress Enabling the Future Now at the Speed of Thought

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Revolutions come and go, but rarely are they as significant as to change the very way we manipulate the world around us. Neurogress is in (neuro)control and at the brink of one of the greatest evolutions since humankind began to change the world around them…

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$1 Million Worth of Ethereum Phished from Bee Token Investors

As the cryptocurrency market experiences growing pains, cybercriminals continue to dupe inexperienced investors. A recent example is a phishing scam targeting the Bee Token ICO, resulting in a lot of stolen Ethereum. Phishing for Honey Over $1 million worth of Ethereum tokens has been stolen by cybercriminals posing as Bee Token, a cryptocurrency startup with hopes of revolutionizing the home sharing industry by way of the blockchain. Bee Token officially confirmed the phishing attacks via its official Twitter and Medium accounts. This is a fake/scam email. Please disregard it. https://t.co/CzhhGvoFl6…

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