Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million

Venezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Petro Pre-Sale Starts The private … Read more

Crypto Trading in 2018: New Strategies, Bigger Crowds and Diminishing Returns

The cryptocurrency landscape has changed significantly over the past 12 months. Gone are the guaranteed returns of 5x, 10x or greater on ICOs, as a growing number of investors clamor for a piece of the pie. New coins, new forks, and new airdrops have created a competitive marketplace characterized by diminishing returns and reduced profits. … Read more

Everyone’s Talking About Blockchains But Hardly Anyone’s Using Them

We live in an era in which everything is on the blockchain and there’s a blockchain for everything. From bananas to sex, there’s a token for that and a blockchain to match. There are now over 600 blockchains in existence, with dozens more dreamed up every month via ICOs. Given the current craze for all … Read more

PR: B2Expand Launches Its Ethereum-Based Game Asset Store

Gaming startup B2Expand has launched the beta version of its game store. The shop is the first in the video gaming space to leverage blockchain — best known as the underlying technology of Bitcoin and other cryptocurrencies. The post PR: B2Expand Launches Its Ethereum-Based Game Asset Store appeared first on Bitcoin News. Go to Source … Read more

Fantasy Market Porn Coin CEO Ghosts, ICO Folds, Investors Lose

Fantasy Market’s website alerted investors to the bad news: its porn token CEO has vanished, and along with him potential millions in recent gains, leaving investors holding the bag. As the cryptocurrency market nears trillion dollar capitalization, enthusiasts can be sure more scams are around the corner. Also read: Bitcoin’s 9th Birthday Porn Coin CEO … Read more

Community-Focused Exchanges with Proprietary Tokens Are Prospering

“Community” is a word that is synonymous with cryptocurrency projects, but aside expressing a desire to develop a strong user base, what does it actually mean? For exchanges, having a community-oriented model means consulting customers on new tokens, incentivizing participation, and creating a revenue-sharing system. Binance and Kucoin are two platforms that have tried this … Read more

One Week On from the Etherdelta Hack, Funds Are Still Being Stolen

One of the major benefits of decentralized exchanges is that they can’t be hacked – or so the theory went. As Etherdelta’s users found out last week, however, that’s not quite true. After accessing the site’s DNS records and replacing the domain with a sophisticated fake, attackers were able to hoover up hundreds of thousands … Read more

EtherDelta Has Been Compromised Due to DNS Hijack

It would almost seem as if anything Ethereum-related is bound to face some setbacks sooner or later. More specifically, we have seen a lot of Ethereum-related platforms and ICOs suffer major problems throughout 2017. The latest company to run into big trouble is EtherDelta, even though this issue has nothing to do with the Ethereum network itself. … Read more