Urban, Author at 2100 NEWS

Bitcoin the “Last Thing I’d Want to Own” if Grid Goes Down: Short Seller

June 6, 2018 0 0

Cryptocurrency advocates often tout bitcoin as “digital gold,” but famed short seller Jim Chanos said that BTC is the “last thing” he’d want to own in a full-blown crisis. Chanos, who rose to fame by predicting the collapse of US energy giant Enron, made this claim during a recent interview with the Institute for New […]

HitBTC Suspends Japanese Users, Plans to Launch Regulated Crypto Exchange

June 6, 2018 0 0

Citing the need to comply with local regulations, Hong Kong-based cryptocurrency exchange HitBTC has suspended its operations in Japan and has outlined a plan to launch a regulated subsidiary in the coming months. Hong Kong-based HitBTC, the world’s seventh-largest cryptocurrency exchange by trading volume, says the precautionary measure to ‘temporarily’ suspended services to Japanese residents is […]

ZenCash Latest Altcoin to Suffer 51 Percent Attack

June 5, 2018 0 0

Privacy-centric cryptocurrency ZenCash (ZEN) has become the latest altcoin to succumb to a 51 percent attack, the project’s developers confirmed over the weekend. According to an official statement, a malicious miner successfully executed the attack — as well as at least three double spends — against the cryptocurrency’s network on June 2 at approximately 10:43 pm […]

SEC Appoints New Crypto Chief

June 5, 2018 0 0

The US Securities and Exchange Commission (SEC) already has a cryptocurrency task force, and now it’s designated a crypto advisor. The Wall Street regulator has named Valerie A. Szczepanik to spearhead the application of securities laws to “digital asset technology and innovation” across cryptocurrencies and initial coin offerings (ICOs). Her appointment seems apropos, considering that Szczepanik was […]

Less Than 1% of EOS Addresses Hold 86% of the Tokens

June 5, 2018 0 0

The year-long EOS initial coin offering (ICO) wrapped up last week, and after raising approximately $4 billion Block.one fulfilled its promise to release EOSIO 1.0, the first (and Block.one’s only) version of the EOS mainnet software. Since Block.one will not be participating in the mainnet launch, a variety of other launch groups have taken blockchain snapshots in preparation for […]

Eccentric ICO Promoter John McAfee Says He’s Releasing a Physical Cryptocurrency

June 4, 2018 0 0

Eccentric cybersecurity pioneer and initial coin offering (ICO) promoter John McAfee says that he is releasing a physical cryptocurrency called the “McAfee Redemption Unit” (MRU). The currency, announced on Twitter and confirmed by McAfee in a subsequent interview with regional outlet Crypto-News India, appears to be distinct from McAfee Coin, which launched last year to little market demand and […]

The Word “Ethereum” Has Been Googled More Than 110 Million Times

June 4, 2018 0 0

Given the impact Ethereum has had on blockchain development since its founding in 2015, it’s hard to imagine what blockchain and cryptocurrency would be like today without it. “Ethereum” Has Appeared in 110 Million Google Searches ConsenSys, a blockchain venture production studio building decentralized applications on Ethereum, offered a census of the cryptocurrency’s contributions to blockchain in […]

Ethereum Price Jumps 5% as Cryptocurrency Market Rebounds; Tokens Up Significantly

June 4, 2018 0 0

Major cryptocurrencies including Ether, the native cryptocurrency of the Ethereum blockchain network, Bitcoin Cash, and Ripple have recorded relatively large gains in the range of 4 to 12 percent, as the cryptocurrency market demonstrated a $13 billion increase in valuation over the past 24 hours. Ether, Bitcoin Cash, Ripple Often, both major cryptocurrencies and small […]

EOS Price Pumps after Mainnet Release, But This Rally’s Not Quite Organic

June 3, 2018 0 0

The EOS price rallied 16 percent on Saturday following the release of the blockchain project’s open-source mainnet software, but there’s more to this pump than first meets the eye. EOS Price Makes Market-Leading 16 Percent Rally Today’s EOS price surge came as part of a wider market rally, but the token nevertheless managed to outpace every other […]

Cryptocurrency Market Gains $10 Billion; EOS Surges 16%, Bitcoin Price at $7,650

June 3, 2018 0 0

The cryptocurrency market has increased by around $10 billion over the past 24 hours, as major cryptocurrencies including Bitcoin, Ripple, EOS, Stellar, and Tron surged in the range of 2 to 16 percent. EOS was the strongest performer today, recording a gain of 16.24 percent subsequent to its mainnet launch. No Major Movement Over the […]