Category: Cryptocurrencies

Monaco Acquires Crypto.com Domain, Rebrands to URL Moniker

Despite owner Matt Blaze insisting that the domain he registered back in 1993 was not for sale, the prized Crypto.com URL now has a new owner. According to TechCrunch, the Hong Kong-based company Monaco has taken the domain off Blaze's hands for an undisclosed figure (some experts suggest the price tag could have been as high as $10 million). As a result the firm has decided to rebrand, using Crypto.com as...

Facebook Reverses Cryptocurrency Ad Policy

Whether or not Facebook's latest move signals a larger embrace of cryptocurrencies remains to be seen. Still the decision could help lead a new trend that begins to rehabilitate crypto's image after a string of bad press.

Square Gets Big Bitcoin Approval

Both Square and Bitcoin got some good news this week as the former's Cash app was granted regulatory approval to trade the cryptocurrency in the state of New York. The announcement comes as the Empire State was a notable holdout in allowing Cash users to buy and sell Bitcoin dispute other users having ability since Square began rolling out the feature earlier this year. In fact Square has now become...

Crypto Market Hit By Another Hack

As we've hit on before, one of the problems that has emerged with cryptocurrency is that, while some investors see Bitcoin as a "get rich quick" opportunity, the road is proving much more difficult this year than last.

Ripple CEO Says Multiple Banks Will Use the Cryptocurrency Next Year

While Ripple also has the ability to aid international transactions without the use of cryptocurrencies, it seems that the company is still pushing tokens as an even better solution. As a result those interested in the crypto space will certainly want to keep an eye on Ripple, xRapid, and XRP.

The Threat of the "51% Attack" on Cryptocurrencies

What was once just a theory surrounding cryptocurrencies has proven reality as a so-called "51% attack" hit Bitcoin Gold (BTG) earlier this month. This type of attack is so named because it is the result of rogue miners gaining more than half of the mining power for a given coin. The result is the ability to falsify transactions on the public ledger and even spend coins more than once.

"Cryptojacking" Malware Attacks Are on the Rise

One recent cryptojacking attack that was discovered affected a number of sites using the content management system Drupal. That CMS currently powers just over 4% of sites on the web and about 1% of those were apparently infected in the attack.

Ethereum Reportedly Under Scrutiny by Regulators

Among those calling out Ethereum is former Commodity and Futures Trading Commission (CFTC) chairman Gary Gensler. In a speech last week, Genslet said, “There is a strong case that one or both of ETH and [Ripple’s] XRP are noncompliant securities."