Many doubted The Civil Media Company’s ambitious plan to sell $8 million worth of its cryptocurrency, called CVL. The skeptics, as it turns out, were right.
View More Blockchain media startup Civil is issuing full refunds to all buyers of its cryptocurrencyCategory: cryptocurrencies
SpankChain spanked
SpankChain, a cryptocurrency aimed at decentralized sex cams, has announced that a hacker stole about $38,000 from their payment channel thanks to a broken smart contract. They wrote: At 6pm PST Saturday, an unknown attacker drained 165.38 ETH (~$38,000) from our payment channel smart contract which also resulted in $4,000 worth of BOOTY on the […]
View More SpankChain spankedMindBody-owned FitMetrix exposed millions of user records — thanks to servers without passwords
FitMetrix, a fitness technology and performance tracking company owned by gym booking giant Mindbody, has exposed millions of user records because it left several of its servers without a password. The company builds fitness tracking software for gyms and group classes — like CrossFit and SoulCycle — that displays heart rate and other fitness metric […]
View More MindBody-owned FitMetrix exposed millions of user records — thanks to servers without passwordsThe Hack Fund will use crypto to give startups early liquidity
Now that “utility” tokens have become a popular and international way to fund major blockchain projects, a pair of investors are creating a new way to turn tokens into true equities. The investors, Jonathan Nelson and Laura Nelson, have created Hack Fund, an early stage investment vehicle that allows startups to launch what amounts to […]
View More The Hack Fund will use crypto to give startups early liquidityChina is capable of destabilizing or destroying Bitcoin, new research suggests
In 2008, Bitcoin was envisioned by its pseudonymous founder Satoshi Nakamoto as a trustless, decentralized peer-to-peer electronic cash system.
Ten years and numerous crazy price jumps later, Bitcoin appears to have withstood the test of time. …
KZen raises $4 million to bring sanity to crypto wallets
KZen, a company run by former TC editor Ouriel Ohayon, has raised $4 million in seed to build a “better wallet,” obviously the elusive Holy Grail in the crypto world. Benson Oak Ventures, Samsung Next, Elron Ventures invested. Ohayon, who has worked at Internet Lab and founded TechCrunch France and Appsfire, wanted to create an […]
View More KZen raises $4 million to bring sanity to crypto walletsTiger Global is in talks to invest in cryptocurrency unicorn Coinbase at $8B valuation
Coinbase may raise up to $500 million at an $8 billion valuation. The cryptocurrency trading platform has also announced two new high-level hires.
View More Tiger Global is in talks to invest in cryptocurrency unicorn Coinbase at $8B valuationHow a Ugandan prince and a crypto startup are planning an African revolution
Crypto and blockchain enthusiasts have been railing for years against the centralized world of banks, but many have been doing so from the privileged vantage point of developed countries. But what if blockchain technology turned out to be most revolutionary in emerging economies?
View More How a Ugandan prince and a crypto startup are planning an African revolutionReport: Most ICO project financing unaffected by crypto market crash
Despite a bear market that has seen the price of Ethereum drop by over 80 percent since the start of the year, most projects that raised money via an ICO remain unaffected, according to the findings of a new report. Bitmex, best known for a crypto trading service, claims to have crunched the numbers on […]
View More Report: Most ICO project financing unaffected by crypto market crashCoinbase now lets users buy ‘bundles’ and launches its own index for the top 50 coins
Coinbase is shaking things up quite a bit lately and its latest tools are geared toward cryptocurrency traders just getting their toes wet. On Thursday, the company announced that it would add a feature called Coinbase Bundle. The new offering lets users purchase a market-weighted sampling of Coinbase’s five available cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, […]
View More Coinbase now lets users buy ‘bundles’ and launches its own index for the top 50 coinsCrypto mining giant Bitmain reveals heady growth as it files for IPO
After months of speculation, Bitmain — the world’s largest provider of crypto miners — has opened the inner details of its business after it submitted its IPO prospectus with the Stock Exchange of Hong Kong. And some of the growth numbers are insane. The document doesn’t specify how much five-year-old Bitmain is aiming to raise from […]
View More Crypto mining giant Bitmain reveals heady growth as it files for IPOIt looks like Coinbase is preparing to add a lot more cryptocurrencies
Coinbase aspires to be the New York Stock Exchange of crypto, and it is taking a small — but not insignificant – step to offering a lot more cryptocurrencies after it revamped the process of listing new digital assets. The exchange currently only supports just five cryptocurrencies — Ethereum, Bitcoin, Bitcoin Cash, Ethereum Classic and […]
View More It looks like Coinbase is preparing to add a lot more cryptocurrencies