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Malware that surreptitiously mines cryptocurrency while you browse the web is big news right now – literally in the case of news outlet Salon, which has enabled it as an opt-in feature. One thing that it certainly isn’t, though, is big business. Every other day, media outlets seem to be running stories about the latest cryptojacking scams. While these tales are mostly true, the extent of the problem has been vastly overstated. Smart criminals aren’t covertly crypto mining in-browser, not because they’re incapable of doing so, but because even at…

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Paxful, the peer-to-peer cryptocurrency marketplace, has launched the #BuiltwithBitcoin initiative to improve the lives of others via direct action. Throughout 2017, news about Bitcoin and other cryptocurrencies focused on their ever-increasing value. It became commonplace to read about the latest Bitcoin millionaire and how many people were becoming rich due to cryptocurrency. Yet lost in all the hype and buzz is the fact that Bitcoin can also serve as a vehicle for doing good in the world. Making the world a better place is the hallmark of the #BuiltwithBitcoin initiative…

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Anyone getting involved in cryptocurrency should be well aware that the emerging market carries its fair share of risk. However, popular San Francisco-based exchange Coinbase has taken it to another level by severely overcharging users debit and credit cards – reportedly upwards of 50x the correct amount. Coinbase Admits to Accidentally Draining Users’ Bank Accounts Coinbase – one of the most popular digital currency exchanges – has admitted to accidentally draining users’ bank accounts by severely overcharging their past cryptocurrency purchases. This news comes as some users have been taking…

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Anyone getting involved in cryptocurrency should be well aware that the emerging market carries its fair share of risk. However, popular San Francisco-based exchange Coinbase has taken it to another level by severely overcharging users debit and credit cards – reportedly upwards of 50x the correct amount. Coinbase Admits to Accidentally Draining Users’ Bank Accounts Coinbase – one of the most popular digital currency exchanges – has admitted to accidentally draining users’ bank accounts by severely overcharging their past cryptocurrency purchases. This news comes as some users have been taking…

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Japanese technology conglomerate GMO Internet is about to launch a new cloud offering for mining BTC and BCH. If you have at least $5 million that you want to invest in such a venture, and don’t want the hassle of opening your own mining farm, applications start next month. Also Read: Coinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTC GMO Internet Group (TYO:9449) has announced the expansion of its recently launched cryptocurrency business with a new cloud mining service, which will be launched in August 2018 if everything…

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The BTC markets have ramped up to test the $10,000 USD area on leading exchanges following a break above resistance at $9,000. Bitcoin has recovered by more than 60% since testing the $6,000 area on February 6th. Also Read: Coinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTC Bitcoin Tests $10,000 Bitcoin has produced bullish action in recent days, forming an inverse head and shoulders pattern on the 4-hourly chart before breaking above resistance at roughly $9,000 area yesterday. The bearish action of recent weeks saw bitcoin lose approximately 65%…

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Japanese cryptocurrency exchange Coincheck has submitted a report to the country’s financial authority outlining measures it will take following the hack that lost 58 billion yen worth of the cryptocurrency NEM from its platform. However, customers rush to withdraw 40.1 billion yen of their funds so far as the exchange resumes yen withdrawal service. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Coincheck’s Improvement Plans Coincheck has submitted a report to the Japanese Financial Services Agency (FSA) as mandated under the Order to Improve Business Operations. The…

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Ripple, the third largest cryptocurrency by market cap, has been on a tear lately, and it has now signed a significant deal with Saudi Arabia’s central bank. Ripple Rapidly Gaining Traction Ripple continues to make inroads into the traditional financial sector. It has recently announced a massive deal with the UAE Exchange and a major partnership with Lianlian International. Additionally, Banco Santander is set to roll out Ripple payments in Q1, and just today came the news that Western Union will begin testing XRP transfers. According to reports, Saudi Arabia’s central…

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Ever heard of a coin called ucash? You should have. It’s in the world’s top 25 cryptocurrencies after all, based on market cap, placing it higher than stratis, omisego, and zcash. Making it to the hallowed heights of 21st, where ucash placed on February 12, calls for mainstream media coverage, a growing user base, and significant adoption you would think. As it turns out, ucash is an outlier – a nothing coin whose ascent is proof that you can’t judge a coin by its cap. Also read: United Bitcoin May Be…

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Bitcoin price gained 12% in the 24 hours through Thursday to approach $10,000 once again, but analysts warn of strong resistance. Big Targets And ‘Secular Bull Markets’ As Bitcoin added almost 40% in February from lows of under $6000 in some markets, Max Keiser led cautious optimism, celebrating what he called the end of “secular bull market.” “$28,000 in play,” he wrote on Twitter late Wednesday, adding that he thought Bitcoin’s “break through $10,000 will usher in a new burst of news coverage and a fresh wave of buying.” Altcoins…

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