Month: November 2018

Bitcoin Bear Market Could Last 18 More Months: BitMEX CEO

Bitcoin prices and trading volume might keep plummeting, and the current bear market could last another 18 months. That’s the sobering assessment of Arthur Hayes, the CEO of the Bitcoin Mercantile Exchange (BitMEX), the world’s largest bitcoin derivatives tra…

How Bitcoin Could Make Credit Cards Obsolete

Bitcoin is poised to take the financial world by storm. For the best part of 10 years it has existed under or on the fringes of the financial world’s radar. In the last 18 months, that all changed. Just about every news publication on the planet chimed in wit…

Crypto Exchanges are Raking in Billions in Revenue Despite Market Struggles

Coinbase, the largest fiat-to-crypto exchange in the global market, is set to bring in over $1.3 billion in yearly revenue by the end of 2018. Binance, the go-to crypto exchange for digital asset traders, recorded a profit of $200 million in January, nearing …

South Korea Points to North Korea as Cryptojacking Culprit

South Korean intelligence officials are pointing toward North Korea as being the responsible party behind a string of cryptojacking cases across the country. North Korea Continues to Mine for Crypto on South Korean Computers According to a new intelligence ga…

Goldman Sachs Onboarding Clients for Bitcoin Derivatives, Insiders Say

Inside sources say Goldman Sachs is already onboarding some of its clients to trade on its Bitcoin derivatives, non-deliverable forward (NDF) contracts platform. However, the bank reportedly has no plans to launch trading support for other cryptocurrency deri…

Cryptocurrency Finally Takes Off In The Porn Industry

Although cryptocurrencies offer a number of enticing benefits as payment methods for porn companies and consumers alike, for years they failed to gain much traction in the adult industry. Now that they’re finally taking off, will crypto porn initiatives succe…

Most Popular Ethereum Wallet MetaMask Finally Releases Mobile Client

MetaMask, the most popular Ethereum and ERC20 token standard wallet developed by ConsenSys, has released its mobile client at DevCon. At DevCon, a major Ethereum-focused conference held in Prague, Czech Republic hosted by large conglomerates and leading crypt…