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Hackers stole GateHub's users 23 million XRPs

GateHub users lost 23 million XRP during a hacking attack

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The creative director of 2K/DENMARK company, Thomas Silkjær, said that as a result of the hacker attack, GateHub users lost 23 million Ripple XRP tokens (approximately $9.6 million at the current rate). According to Silkjær, during the attack that began on June 1, 80-90 user wallets were hacked...

Binance will issue its own stablebcoins

Wei Zhou: Binance will issue its stablecoins

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Leading in terms of trading volumes, Binance will issue its own stablebcoins in the period of next 2 months. About this we are informed from the company's financial director Wei Zhou from his interview with Bloomberg's journalists. Thus, the release of the 1-st stablecoin, secured by the British...

The bank of Switzerland should think about national cryptocurrency's creation, Avenir Suisse noted

The bank of Switzerland should think about national cryptocurrency's creation, Avenir Suisse noted

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The analytical center Avenir Suisse released the report named “Blockchain after the hype”, in which "summoned" the National Bank of Switzerland to begin its works on creation of a national cryptocoin. In particular, analysts suggest developing a model of blockchain based economy. The...

Facebook's cryptocurrency project

Facebook is going to launch its cryptocurrency project this month

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The launch of Facebook’s crypto project can happen already this month. At the same time, employees of the company will be able to receive their salaries in the new currency, as it was noted by "The Information". According to the publication, Facebook also plans to launch “physical...

Bitcoin Whales

Money or life. Bitcoin whales and fraudsters: who are the first and how the second steal their mo...

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With the advent of the blockchain and the first cryptocurrencies, many began to be interested in this area. After some time, many economists, scientists talked about the prospects of this trend and began to predict huge profits for the crypto community. Now, when Bitcoin already costs more than...

Blockchain: where it has come and will be used in future?

Blockchain: where it has come and will be used in future?

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Since its inception, there has been much controversy about how this technology can be used. At first, people saw the potential of its application only in the banking sector, remittances, the replacement of ordinary currencies. But over time, having studied the functionality and correctly assessing...

Blockchain: where it has already come and will be used in the future? Part 2

Blockchain: where it has already come and will be used in the future? Part 2

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Since its inception, there has been much controversy about how this technology can be used. At first, people saw the potential of its application only in the banking sector, remittances, the replacement of ordinary currencies. But over time, having studied the functionality and correctly assessing...

How to find out scammers and not be tricked while investing in ICO project?

How to find out scammers and not be tricked while investing in ICO project?

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In our world, especially with the development of the IT sector, there is more fraud. Criminals operating in the real world are now going virtual as well because sums of money or cryptocurrencies are also high there. This also applies to the blockchain sphere, especially to the ICO projects, the...

Top ICO scams

Top ICO scams

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Over the short history of the ICO, there’ve been many big scam campaigns: one deleted all the pages of their website, leaving obscene or mocking expressions on the main pages. But now scammers have begun to be caught: for example, the creator of PlexCoin project Dominique Lacroix was recently...

What can you buy with Bitcoin?

What can you buy with Bitcoin?

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Money has its own functions. One of the currency’s functions is to be a mean of payment. With the development and growth of popularity of the cryptocurrency, they also began to acquire similar features of their “ancestors”. Now with a Bitcoin, you can buy games and applications, plane...

Anonymous cryptocurrencies

Anonymous cryptocurrencies

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What? How? Why? Anonymous cryptocurrencies are peer-to-peer systems. They have own internal unit of account. The main goal of this type of cryptocurrencies is to provide complete privacy for transactions of money, which is done by cryptographic protocols. The use of last ones is aimed to make...

What is Ripple

What is Ripple

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The concept In short, Ripple is a system of fast payments, exchanges, and transfers. It is considered one of the safest and the fastest in its type. For its use people just should have 20 XPR (~$6), only for prevention of spam, and pay for each transaction 0.00001 XRP. XRP is cryptocurrency,...

What is ICO

What is ICO

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So what does it mean? ICO (Initial Coin Offering) - a process, during which new cryptocurrency’s coins are sold. It’s a modern format of startups’ investment, which eases the problem of monetization when an idea or project is on their development stage. Now the word...

What is Ethereum

What is Ethereum

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Clarification For both: the platform and the cryptocurrency working on it people use the word “Ethereum”. But the coin is also called ether. Therefore, in order not to get confused, let's stick to this option....

Blockchain. What is it and what it will bring

Blockchain. What is it and what it will bring

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Introduction to blockchain In 2008, Satoshi Nakamoto (still unknown it is one person or a group of people) introduced the concept of the blockchain, which in 2009 was implemented through Bitcoin - the first cryptocurrency. The blockchain is a chain of blocks, an endless list in which information...

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