US government crypto wallets hacked for $20M — Arkham Intelligence

The U.S. Securities and Exchange Commission (SEC) announced in an order Wednesday, August 14, that it has barred and fined the creator of Tomahawkcoin over a fraudulent Initial Coin Offering (ICO). Tomahawkcoin, which David T. Laurance ran as a token through his corresponding company Tomahawk Exploration LLC, failed to raise funds via an ICO in…

A new poll has found that more Australians invest in cryptocurrencies than in gold and silver .... but only by a tiny margin. 730 Total views 7 Total shares A survey of more than 2000 Australian investors has found that cryptocurrency is a more popular investment than gold and silver — but it still has…

Taiwan-based computer hardware producer Nvidia updated its financial estimates for Q4 for the fiscal year of 2019, according to a press release on Jan. 28.The company is reflecting weaker forecasted sales in its gaming and data center platforms, which comes from excess mid-range channel inventory following the slump in cryptocurrency markets. Q4 revenue is expected…

Bitcoin (BTC) price is proving to be relatively stable at around the $16,000 level, heavily outperforming both safe-haven and risk-on assets, including gold and stocks. But in the near term, the digital asset faces a major roadblock in the form of whales.On Nov. 12, the price of Bitcoin reached $16,199, a level not seen since the…

Vera Molnár pioneered the use of computer-generated art in the latter half of the 20th Century. 157 Total views 5 Total shares Computer-generated nonfungible tokens (NFTs) created by Hungarian artist Vera Molnár in collaboration with Martin Grasser sold out during Sotheby's Dutch auction for 631 Ether (ETH), or around $1.2 million, in less than one…

As an old saying goes: Buy the rumor, sell the news.As a digital-native asset class, the prices of cryptocurrencies are clearly susceptible to market-moving news developments that instantly spread on the internet. Staying on top of bullish announcements can help crypto traders reap huge gains, but navigating the crypto news landscape can be daunting.Two major…

Former presidential candidate and known cryptocurrency proponent Andrew Yang has announced a new initiative to protect privacy online.After ending his presidential bid last month, Yang has announced the creation of new nonprofit organization called Humanity Forward. It aims to “rewrite the rules” of economy and society with a focus on data privacy.Announcing the news in…

A lot has happened in the Bitcoin (BTC) and cryptocurrency markets since our last edition of VC Roundup. The monumental collapse of the Terra ecosystem spilled over into other segments of the digital asset market, exposing over-leveraged traders, lending platforms and venture capital funds. In the process, Bitcoin’s price plumbed new lows, falling below the…

Payment services providers have also cut ties with major crypto exchanges despite having the same rate for gambling and fantasy sports platforms. 566 Total views 14 Total shares Fresh data on Indian crypto exchanges’ trading volume reveals a significant decline in trading practices among Indians just ten days after the tax rule implementation. India’s new…