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Binance Crypto Exchange Hacked for $40 Million

Binance Crypto Exchange Hacked for $40 Million

by Eric Grisholm | Breaking News, Digital Currencies

Binance, one of the largest cryptocurrency exchanges by volume and one of the most trusted, has officially announced that it has been hacked. It’s reporting approximately $40 million in losses, totaling around 7,000 BTC, and is currently blocking both withdrawals and...
New Crypto Start-Up Plans to Bring Physical Items to the Blockchain

New Crypto Start-Up Plans to Bring Physical Items to the Blockchain

by Eric Grisholm | Digital Currencies, Breaking News

DUST Identity is a new start-up that aims to bring physical items to the blockchain in a new way: through diamond nanoparticles that are read into an optical scanner. DUST stands for “Diamond Unclonable Security Tag,” and it’s said to bring unparalleled security with...
Bitfinex to Raise $1 Billion Through New Token Sale

Bitfinex to Raise $1 Billion Through New Token Sale

by Eric Grisholm | Breaking News, Digital Currencies

Bitfinex has had a document released by a known crypto trader and shareholder of the company, Zhao Dong, that gives information about its upcoming attempt to raise $1 billion through a token sale. While currently being sued by the state of New York over claims that it...
New Site Claims Countdown to Unveiling of Bitcoin’s Creator

New Site Claims Countdown to Unveiling of Bitcoin’s Creator

by Eric Grisholm | Digital Currencies, Breaking News

While John McAfee claimed on Twitter that he would be unveiling Bitcoin’s creator, Satoshi Nakamoto, yet another source has now come about that also claims they will be unveiling the entity (or entities) behind the cryptocurrency. And this one comes with a timer....
Facebook’s Cryptocurrency Confirmed: Project Libra

Facebook’s Cryptocurrency Confirmed: Project Libra

by Eric Grisholm | Digital Currencies, Breaking News

While there have long been rumors of Facebook creating its own cryptocurrency (“Facebook Coin”), the project is now official, and it has a name: Project Libra. With this also comes some major news regarding their upcoming cryptocurrency. It’s Officially a Stablecoin...
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