Cryptocurrency News

Todays Cryptocurrency headlines

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15 Oct

 Einsteinium (EMC2) 51% Attack Offers Diversion to Community

Einsteinium (EMC2) 51% Attack Offers Diversion To Community

A hacker was supposed to buy enough hashing power for just $10 to take over the network of Einsteinium (EMC2) in a 51% attack. An advance announcement gave the date of the event as October 13. The community bought all spare capacity, making a mockery of the hacking attempt.

15 Oct

Tether Tanks as Traders ‘Lose Trust,’ Other Cryptos See Price Boost

Tether Tanks As Traders ‘Lose Trust,’ Other Cryptos See Price Boost

Monday, Oct. 15: Crypto markets are seeing solid growth, with virtually all of the major cryptocurrencies seeing green as of press time. An outlier in the space is “stablecoin” Tether (USDT), which has today lost its U.S. dollar peg and is trading well below its historical trading range as of press time.

15 Oct

 Cardano (ADA) Hit by Governance Woes as IOHK, Emurgo Chairs Split with Cardano Foundation

Cardano (ADA) Hit By Governance Woes As IOHK, Emurgo Chairs Split With Cardano Foundation

Cardano (ADA), the ninth largest cryptocurrency ecosystem by market capitalization, has experienced a major leadership shakeup, with the chairs of IOHK and Emurgo taking their leave. Along with the Cardano Foundation, IOHK and Emurgo are the governing bodies of the project. Their respective leaders, Charles Hoskinson and Ken Kodama, published an open letter on Friday, informing the community they were parting ways with the Cardano Foundation due to its “lack of performance.”

15 Oct

 Sony Turns to Blockchain for Copyright Management

Sony Turns To Blockchain For Copyright Management

Japanese conglomerate Sony has developed blockchain-based software for controlling and dealing with intellectual property rights in a bid to resolve authentication problems in this field. The new system currently focuses on written works, but its broader applications target all related sectors, including films, music, and e-books, the company said on Monday.

15 Oct

 Ex-Trump Economic Advisor Joins Blockchain Startup’s Board of Advisors

Ex-Trump Economic Advisor Joins Blockchain Startup’s Board Of Advisors

Spring Labs, a company leveraging blockchain technology to create a credit data sharing platform called Spring Network, announced on Friday that Gary Cohn, former White House economic advisor and former president and chief operating officer of Goldman Sachs (NYSE:GS), has joined the startup’s Board of Advisors. The news comes several months after Spring Labs raised about $15 million in a seed round to fund its blockchain project. Also, the startup recently completed founding its advisory board, which includes Coinbase’s chief legal officer Brian Brooks and Bobby Mehta, former head of Transunion.

15 Oct

 Transnistria Makes Own Cryptocurrency, Possible Front for Arms Deals

Transnistria Makes Own Cryptocurrency, Possible Front For Arms Deals

During the little-known Sixth Pridnestrovian International Investment Economic Forum in the Republic Palace of Tiraspol in the breakaway Moldovan region of Transnistria, the idea of a sovereign cryptocurrency was circulated that could provide the territory with some advantages.

15 Oct

 Tether (USDT) Unravels as Bitfinex Bitcoin (BTC) Premium Shoots through the Roof

Tether (USDT) Unravels As Bitfinex Bitcoin (BTC) Premium Shoots Through The Roof

Within about an hour on Monday, the Bitfinex trading premium on Bitcoin (BTC) went through the roof, soaring from around $138 to as high as $700. This is seen as the launch of a catastrophic or at least anomalous event for Bitcoin trading since the price on Bitfinex reflects the fact that Tether (USDT) has effectively broken its dollar peg. As of 06:35 UTC, BTC continued to shoot upward on Bitfinex, going as high as $7,045, with no end in sight. Later, prices moved up to $7,280.

15 Oct

 Global Blockchain’s Hyperion to Support Stellar-Based Assets

Global Blockchain’s Hyperion To Support Stellar-Based Assets

Canadian firm Global Blockchain Technologies, listed with on Canadian Securities Exchange with the ticker BLOC, announced on Thursday that its subsidiary Hyperion Crypto Exchange partnered with Stellar to support Stellar-based assets on its exchange. Hyperion, co-founded by the current BLOC President and CEO Shidan Gouran, secured a $5 million investment from BLOC earlier this year.

15 Oct

Bitcoin Climbs 12% In Rally

Bitcoin Climbs 12% In Rally

Bitcoin was trading at $7,248.9 by 02:48 (06:48 GMT) on the Investing.com Index on Monday, up 12.12% on the day. It was the largest one-day percentage gain since October 15.

15 Oct

EOS Climbs 11% In Rally

EOS Climbs 11% In Rally

EOS was trading at $5.9654 by 02:48 (06:48 GMT) on the Investing.com Index on Monday, up 11.12% on the day. It was the largest one-day percentage gain since October 15.

15 Oct

Litecoin Climbs 11% In Bullish Trade

Litecoin Climbs 11% In Bullish Trade

Litecoin was trading at $60.830 by 02:48 (06:48 GMT) on the Investing.com Index on Monday, up 11.21% on the day. It was the largest one-day percentage gain since October 15.

15 Oct

Cardano Climbs 12% As Investors Gain Confidence

Cardano Climbs 12% As Investors Gain Confidence

Cardano was trading at $0.08411 by 02:49 (06:49 GMT) on the Investing.com Index on Monday, up 12.21% on the day. It was the largest one-day percentage gain since October 15.