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Ethereum Classic has Successfully Completed the Atlantis Hard Fork

Photo: ShutterstockEthereum Classic has completed its long-awaited hard fork named Atlantis. The network hard forked at block height 8,772,000 and implemented new upgrades to the blockchain.The #EthereumClassic network successfully upgraded today on block 8,772,000. This upgrade, nicknamed “Atlantis”, includes features on #SpuriousDragon and #Byzantium EIPs from the #Ethereum blockchain.https://t.co/lKHgphlNU9 via @MyEtherplan— Ethereum Classic (@eth_classic) September 12, 2019As Coindesk...

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Coinbase Quietly Settles $1.1 Million Bitcoin Theft Case

The U.K. arm of cryptocurrency exchange Coinbase has reached a settlement with a digital asset fund manager whose stolen bitcoin worth over a million dollars was transferred to the exchange.According to Law360, Coinbase U.K. struck a deal with the CEO of Alphabit Liam Robertson to discontinue the legal dispute that had been raging for about two months.Liam Robertson, CEO of AlphabitThe legal dispute started after Robertson lost bitcoin worth over $1 million in an email phishing attack. This...

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Hurricane Dorian Relief Effort Enlists an Unlikely Ally: Bitcoin

The Hurricane Dorian relief effort has teamed up with an unlikely ally in the Bahamas: Bitcoin, along with a helping hand from Coinbase. | Source: Wikimedia Commons (i), AP Photo / Gillian Flaccus (ii). Image Edited by CCN.The Hurricane Dorian relief effort has teamed up with an unlikely ally to help the Bahamas recover from the devastation wrought by the storm: Bitcoin.Coinbase & Bitpay facilitate Bitcoin donations for Hurricane Dorian recoveryThis has become possible after Lend a Hand...

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Coinbase and Ripple Muscled Out of Top 10 Hottest US Startups

Crypto startups Coinbase and Ripple have dropped from top-10 positions to No. 28 and No. 29, respectively, on LinkedIn's 2019 top 50 startups list. | Source: Shutterstock; Edited by CCNDespite being a relatively new sector, the blockchain and cryptocurrency space can this year boast of having two crypto startups, Coinbase and Ripple, in the LinkedIn’s 50 hottest U.S. startups of 2019 to work for. In the professional social network’s third annual Top Startups ranking, blockchain payment...

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Bitcoin Surge Obliterates $68 Million in BTC Shorts on BitMEX

Tuesday's bitcoin price surge launched BTC as high as $10,750 on Bitstamp, decimating $68 million worth of shorts in the process. | Source: ShutterstockBitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the $10,750 mark on Tuesday.Most of the cryptocurrency market followed, with only a handful of altcoins in the red.Bitcoin Price Booms Amid Mammoth Short SqueezeThe bitcoin price clipped the...

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Why Zcash Suddenly Became the Crypto Market’s Black Sheep

By CCN.com: The privacy-focused cryptocurrency Zcash has fallen by nearly 15 percent this week as Bitcoin’s dominance approaches 70 percent. According to CoinMarketCap, Zcash was trading at slightly over $66 seven days ago but is now just under $56, a decline of approximately 15 percent that forced its market cap below $400 million. Zcash has declined by nearly 15% in the last seven days | Source: TradingViewAmong the leading 30 altcoins by market cap, Zcash’s decline is only eclipsed by...

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Coinbase Goes to Battle With Binance, Looks to Add 8 New Cryptocurrencies

While Coinbase is still the place many Americans go for their first cryptocurrency purchase, another crypto exchange has them backpedalling. As the Malta-based exchange Binance continues its rise to the top, Coinbase is making moves to ensure they don’t become “Yahoo!” to Binance’s “Google.”The San Francisco-based platform just announced that they’re looking to add eight new coins to their exchange. In a recent blog post, Coinbase stated that they’re considering adding the following...

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