Tag Archives: News

Ripple price gained traction and it rallied above $1.20 against the US dollar. The price is now trading well above the $1.20 resistance and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $1.25 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $1.080 support zone. Ripple price is trading in a positive zone above $1.20 against the US...

Larry Dean Harmon, a 38-year-old man who hails from Akron, Ohio, has pled guilty to cryptocurrency money laundering charges after years of running a platform known as Helix, a darknet bitcoin mixing company. Larry Harmon Will Have to Pay Back Quite a Bit of Money Harmon pled guilty in a federal court. As part of his plea, he is required by regulators to give up as many as 4,400 bitcoin units to the state government, which by today’s standards, are worth more than $200...

A crypto exchange known as Liquid – which is based in Japan – has been hacked, leaving it short of nearly $100 million in digital funds. Liquid Has Lost a Lot of Money The hackers involved in the incident have allegedly taken as much as $97 million in digital currency at the time of writing. Several assets – including bitcoin, Ethereum and Litecoin – have been stolen. Liquid has reported that the hacker is allegedly transferring this money to as many as four separate...

Despite a string of heavy financial losses, Mike Novogratz – the head of Galaxy Digital Holdings Ltd – is remaining positive about bitcoin and the growing digital finance space. Mike Novogratz Is Looking to Start a Bitcoin ETF In a recent interview, Novogratz has revealed that his company has applied with the Securities and Exchange Commission (SEC) to begin a bitcoin-based exchange-traded fund (ETF), which has arguably been the object of many crypto companies’ affection...

Billionaire investor and entrepreneur Mark Cuban appears eager to clarify some comments he recently made regarding Dogecoin, the world’s fourth largest cryptocurrency. Mark Cuban Seeks to Clear the Air Regarding Doge Just a few days ago, the billionaire stated that he felt Dogecoin was a great “medium of exchange.” He also sang additional praises for the popular meme coin, but he is now taking to social media to clarify some of these statements. On Twitter, he has...

Not long ago, Live Bitcoin News reported a story that the Poly Network had been hacked. The organization lost more than $610 million in digital funds at the hands of a hacker who claimed in a future Q&A session that he was only doing it “for fun.” The Poly Network May Employ Its Hacker In a strange twist, the hacker ultimately returned more than half of the stolen money, saying that he was never about the riches but rather that he was interested in taking advantage...

Mobile Coin has added a whopping $66 million to its financial reserves following its latest funding round. Mobile Coin Gets a Lot of Cash in the Bank Mobile Coin has stated that it is looking to instill privacy measures for all who would utilize it. Thus, the platform seeks to reject all advertising and instead relies on peer-to-peer networking for all payments, thereby allowing transactions to remain hidden while still occurring on the blockchain. The firm is open to...

The state department is offering digital currency rewards of up to ten million dollars to hackers who allegedly help them gather information on bad actors. The State Department Seeks to Pay Those Who Can Find Bad Actors Over the past few months, cyberattacks have become far more prominent, with incidents like the one involving the Poly Network leaving accounts dry of more than $600 million. While much of that money has been returned and the hacker appears to be a little...

Dallas-based Maison Reserve & Co. has chosen Ethereum to build a new cryptocurrency that is tied to the supply and demand of various products. Maison Reserve Unleashes a New Rewards Token Based on Ethereum Maison was attracted to Ethereum for several reasons. For one thing, the blockchain boasts smart contract capabilities, making it relatively easy to establish new decentralized applications (dapps) and digital tokens. In addition, Ethereum has allegedly been on a...

Ethereum has been booming as of late, not just in price, but in attention. Many financial firms claim that the day will come when Ethereum outdoes bitcoin in stature, and now the CEO of Point Pay Andrew Svyatov says that Ethereum is a more democratic form of crypto that all companies and firms should be investing in. Ethereum Is Growing in Reputation Over the past several months, we have seen a multitude of companies invest heavy funds into bitcoin, the world’s largest...