Urban, Author at 2100 NEWS

Why Coinbase’s Support for Ethereum Testnets & ERC-20 Tokens Matters

June 21, 2018 0 0

Toshi, the Ethereum-based decentralized application browser and wallet operated by Coinbase, the world’s largest cryptocurrency exchange, brokerage, and wallet platform, has added support for Ethereum testnets and custom ERC-20 tokens. Coinbase Roadmap Lsat week, upon the integration of Ethereum Classic (ETC), the Coinbase team told its users and investors that the mid-term strategy of the company is […]

Goldman Sachs’ Blankfein Explains Why He Hasn’t Closed the Door On Crypto

June 20, 2018 0 0

Goldman Sachs’ CEO Lloyd Blankfein continues to swagger back and forth about cryptocurrency. Blankfein, who is expected to step down from his CEO position at Goldman Sachs in December, wore his “pro” bitcoin mettle Tuesday in an interview with Bloomberg Editor-In-Chief John Micklethwait at the Economic Club of New York. His latest statements are in line with those he made in […]

3 Hacks in 12 Months: The Reasons Behind Crypto Exchange Bithumb’s Failings

June 20, 2018 0 0

South Korea’s biggest cryptocurrency exchange Bithumb, which has been the most trusted digital asset trading platform within the country alongside UPbit, Coinone, and Korbit over the past few years, has been hacked for the third time in 12 months. Hackers Can Hack Any Cryptocurrency Exchange On June 20, Bithumb experienced a $30 million hacking attack, […]

Binance is Backing Malta Stock Exchange’s Fintech Startup Program

June 20, 2018 0 0

Malta continues to move ahead in the crypto space with cryptocurrency exchange giant Binance now confirming that it will be supporting the country’s Malta Stock Exchange (MSE) in an innovative blockchain and crypto-related project. The MSE recently announced that Binance, the world’s largest cryptocurrency exchange, is backing its newly launched program to support fintech and […]

‘A Moral Hazard’: Bank of Korea Opposes Central Bank Digital Currency

June 19, 2018 0 0

The Bank of Korea (BoK) has revealed it is against the idea of issuing a central bank digital currency following a feasibility review. South Korea’s central bank isn’t keen on issuing a central bank digital currency (CBDC) citing concerns related to its impact on the basic mechanics of monetary policy and implementation as well as […]

‘Flaws’ in Japan’s Biggest Crypto Exchanges Will See Regulator’s Warnings

June 19, 2018 0 0

A handful of major Japanese exchanges including bitFlyer, Japan’s biggest and best-funded crypto trading platform, are facing business improvement orders from the country’s financial regulator and watchdog. A failure to comply with anti-money laundering (AML) guidelines will see at least five cryptocurrency exchange operators receive ‘business improvement orders’ from Japan’s Financial Services Agency (FSA), a Nikkei report […]

EOS Freezes Seven Accounts Following Mainnet Snafu

June 19, 2018 0 0

EOS, an altcoin blockchain that was halted by a bug that prevented transactions two days after going live, has frozen seven EOS accounts that were subject to a phishing scam, according to a blog on a site called EOS42 on Steemit. Developers discovered the bug that caused the mainnet to pause unexpectedly on June 16 and noted on the […]

June 18, 2018 0 0

Ever since the arrival of Bitcoin, many people have predicted that “soon” all of the cryptocurrencies will crash. The trends in cryptocurrencies have been compared to global events such as tulipmania, the 1929 stock market crash and the dotcom bubble. However, even after the recent fall in crypto prices, the industry continues to attract new investors. This […]

William Shatner Boldly Goes to Fight Bitcoin’s Carbon Footprint

June 18, 2018 0 0

A recent study estimated that mining Bitcoin consumes as much electricity as the Republic of Ireland. Hollywood actor William Shatner, who is best known as Captain Kirk in Star Trek, is now involved in efforts aimed at pushing for renewable energy use in the mining of the flagship cryptocurrency. This, he argues, is good for the environment as well […]

Japanese Police Arrest 16 Individuals in Monero Cryptojacking Case: Report

June 18, 2018 0 0

Cryptojacking is the process of installing mining scripts or outright malicious malware onto computers of unsuspecting users to mine cryptocurrencies. The most popular among these is Coinhive, a javascript mining script installed on websites. Hackers have been installing Coinhive on websites with weak security to mine Monero. Since Monero is a privacy coin, it makes […]