China Ranked Verge, Which Experienced a 51% Attack, in the Same Spot as Bitcoin

Join our community of 10 000 traders on Hacked.com for just $39 per month. On May 22, CCN reported that Verge (XVG), a privacy-focused cryptocurrency, fell victim to yet another 51 percent attack. Altcoin mining pool operator Suprnova revealed that an individual or an organization has invalidated legitimate blocks. Verge Attack “Verge is once again …

Cryptocurrency Market Rebounds by $21 Billion, Zcash up by 45%

Join our community of 10 000 traders on Hacked.com for just $39 per month. Over the past 24 hours, the valuation of the cryptocurrency market has increased from $387 billion to $408 billion, by more than $21 billion. Major cryptocurrencies like bitcoin and Ethereum have risen in the 3 to 6 percent range while smaller …

47% of South Africans Plan to Invest in Cryptocurrencies

Join our community of 10 000 traders on Hacked.com for just $39 per month. South Africa has the most sophisticated economy and financial sector on the continent, and its citizens are increasingly warming up to the idea of investing and trading in cryptocurrencies — despite regulatory concerns over such decentralised digital financial assets across the …

Cryptocurrency Can be a Safe Haven Asset

Join our community of 10 000 traders on Hacked.com for just $39 per month. Jeong Ki-wook, a former executive at Cisco and the founder of TrustVerse, a South Korea-based wealth management platform, said that cryptocurrency assets like bitcoin and ethereum can evolve into safe haven assets in the long-term. Reaching Stability In an interview with …

Florida State Employee Arrested for Mining Cryptocurrency on Agency Infrastructure

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. According to a statement released by the Florida Department of Law Enforcement (FDLE), an employee at the Department of Citrus was found using state-owned computing hardware to mine cryptocurrencies. The perpetrator, Matthew McDemott, served as the information technology manager for the department, …

South Korea’s Largest Cryptocurrency Exchange Partners With BitPay

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bithumb, South Korea’s largest cryptocurrency exchange, has partnered with major cryptocurrency payment processor BitPay to facilitate international remittance payments. US and South Korea Sonny Singh of Bitpay, the chief commercial officer at BitPay, stated that the company is on track to process …

Now, Illinois is Looking at Tax Payments in Bitcoin

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Illinois has joined a growing number of US states looking to pave the way to allow cryptocurrencies as payment for taxes. House Bill 5335, aka the Revenue Cryptocurrency Bill, is being sponsored by Rep. Michael Zalewski, a Democrat. It’s an amendment to …

Cryptocurrency Market Erases Yesterday’s Gain, Ripple Drops 11%

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Yesterday, on March 6, the global cryptocurrency market moved closer to the $500 billion mark, as it peaked at $475 billion. Today, the market dropped by nearly $30 billion in value, as major cryptocurrencies recorded losses. On March 5, CCN reported that …

Mexico´s Congress Approves Cryptocurrency, Crowdfunding Regulations

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Mexico’s lower house of Congress recently approved a bill that’s set to regulate the financial technology (fintech) sector in the country. The bill addresses both crowdfunding and cryptocurrency regulations, and puts Mexico among a small group of countries regulating the cryptocurrency space. …

Venezuela’s Petro “May Help the Global Currency System”, Says Chinese Financial Agency Dangong

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Dagong Global Credit Rating, one of China’s biggest credit rating agencies, recently published a report commenting on Venezuela’s oil-backed cryptocurrency, the Petro (PTR). Per the report, the cryptocurrency “may help the global currency system return to its basic value.” While the agency …