Crypto news

General Electric (GE) has decided to freeze its pension plan, removing two of the key features that have come to be associated with retirement savings – secure and guaranteed – for tens of thousands of employees. GE isn’t the first company to pull the plug, but as one of the oldest traditional companies in corporate America, it sends a strong signal to employees that they can no longer bank on their employer for retirement benefits. Now, instead of shouldering the risk for employees, GE...

Telegram is once again in the news, only this time, it doesn’t have to do with some fancy new partnership. The encrypted chap application is being used by hackers looking to potentially steal cryptocurrency.Telegram Has Had Its Ups and DownsThe thefts are occurring through a new form of malware known as the Masad Stealer, which searches through internet cookies, browser passwords and clipboard data. Hackers in charge can replace with data of their own, i.e. bitcoin or cryptocurrency addresses...

Telegram – the encrypted chat system that now boasts more than 30 million users – is partnering with crypto custodian platform Anchorage to ensure Telegram’s new cryptocurrency, the gram, is added to its list of token offerings.Is Telegram Set to Conquer Libra?Anchorage is one of the 28 governing bodies in the Libra Association. The bad news is that recently, PayPal – which has been one of Libra’s primary supporters through David Marcus, a former PayPal exec and the head of Facebook’s...

Insurance startup Next Insurance recently raised $250 Million in financing in its series C round of funding. The total amount was invested by European Reinsurance giant Munich Re. The Reinsurance group had in this round been the only participant in a move that saw it acquire around 27.5% in the single-niche insurance company. This now puts the Next Insurance’s valuation around the $1 Billion mark.The startup, which is known for offering insurance to small and medium scale digital enterprises...

Bitcoin fell below $8,000 again yesterday, trading at roughly $7,800. It was an ugly sight to see, but as analysts are learning right about now, the present resistance level is still at around $8,100 given that the currency has jumped back up to this position within the last 24 hours.Bitcoin Is About to Get BiggerThe volatility that has been striking the coin over the past ten years – yes, it’s been vulnerable to price swings since it first emerged in the financial space – is far from over....

Are you ready to head on a Halloween Quest for everything that goes bump in the night?BitStarz is pleased to announce the launch of its latest adventure, hold on to your hats, as Halloween Quest has arrived. Players can battle it out through the haunted forest, with the first player to reach Level 40 winning a spook-tacular trip for two to Transylvania.Aside from winning a trip to the home of Count Dracula himself, players will also be able to win €50,000 in individual prize pools and epic...

XRP saw an increase of around 8% over the past 24 hours, bringing its price up to $0.2764. This latest spike is largely attributed to XRP being able to smash above the 3112 SAT resistance level against BTC. Despite this hike, the cryptocurrency is still down 30% over the previous 3 months as it makes its way back toward the $0.30 level.XRP remains the third-largest cryptocurrency with a market cap of $11.92 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, the...

This summer, computer programmer, businessman, entrepreneur and the US presidential candidate John McAfee revealed his idea to launch a digital currency access point that would merge both manual and bot trading over eight exchanges on one interface.Dubbed McAfee Magic, this new project connects people to more than 500 digital currencies and has assembled 11,743 users at the time of the writing.Last week, on Friday, McAfee announced the whole launching of the exchange that has gor the name...

Cryptojacking is the term used for an attacker gaining unauthorized access to your computer for mining (or minting) cryptocurrencies. The attack poses a critical threat since it utilizes your system resources, thus diminishing them for you. That means you may wonder if a program crashed or hung when the actual culprit would be a malware mining cryptocurrencies on your machine.Though the malware usually mines cryptocurrencies quietly in the background, it may not always be the case. Maybe it...

In a typical class action, a plaintiff, per Wikipedia, sues a defendant or more of them on behalf of a group, or class, of absent parties. This differs from a traditional lawsuit, where one party sues another party for redress of a wrong, and all of the parties are present in court. We already reported of how Bitfinex and Tether are expecting another lawsuit for market manipulation.Now, a class-action lawsuit was filed on Monday against Bitfinex, Tether and other members in the United States...