Quadriga CX Fiasco Highlights the Need for Crypto Insurance – BTCMANAGER

A startup by the name of BitGo Inc. could be the answer to the menace of losing private keys of cold-storage crypto wallets, reports Bloomberg, February 19, 2019. Can too Much Safety Be Fatal? The recent fiasco surrounding the death of the CEO of Canadian cryptocurrency exchange Quadriga CX has rekindled questions regarding the safety […]

FBI Speaks On The Cryptocurrency Sector – BTCMANAGER

It is rare that cryptocurrency investors and traders actually get insight into the way that law enforcement is watching and examining the cryptocurrency industry. In a recent interview with the FBI conducted by The Paypers, February 19, 2019 – the agency elaborated on how investors can protect themselves, and how it plans to prevent future […]

Crypto Mining Scam Uncovered in Thailand – BTCMANAGER

Over 30 people have come forward to the police after being scammed by a supposed crypto mining scheme that promised a 70 percent return on investment, the Bangkok Post reports on February 18, 2019. Mining for Money In the world of blockchain, it seems like it is another day, another scam. Just a few days […]

The German Government Seeks the Blockchain Community’s Input on new Laws – BTCMANAGER

While the German government is preparing for a strategy presentation this summer, they have also sought the consultation of the blockchain community, reported February 18, 2019. Talking Points As time goes on, more and more governments have adopted the use of blockchain in transportation, tax collection, and so on. There has also been an increase […]

Bitmain Announces BM1397 Chip with 28.6 Percent Improvement in Power Consumption – BTCMANAGER

In a blog post published February 18, 2019, the Chinese cryptocurrency mining juggernaut Bitmain announced the launch of their next generation 7nm ASIC chip, named BM1397. The new chip facilitates faster and more economical mining for cryptocurrencies that use the SHA256 algorithm for computation of mathematical problems. Energy Efficient BM1397| Bitmain Technologies’ new BM1397 chip […]

February 20, 2019 – BTCMANAGER

The total crypto market cap is up $10.5 billion since February 18 and now sits at ~$133.3 at the time of writing. For the same time period bitcoin (BTC) is up 7.3 percent to $3,900 while ether (ETH) gained 7.5 percent to $141. BTC/USD Bitcoin bulls have been in control since February 15 when the […]

Coinmama Suffers Hack as 450,000 Users’ Information Compromised – BTCMANAGER

In yet another high-profile hack of 2019, Coinmama saw the information of 450,000 of its users compromised in an attack that targeted 24 difference sites, according to reports from February 15, 2019. Compromised Systems 2019 is shaping up to be the year of security breaches at many top crypto firms. Just weeks after both the Cryptopia hack […]

India’s Cybercrime Detection Center Has Cryptocurrency Threats on its Radar – BTCMANAGER

The National Cyber Forensic Lab has been created under the Union Home ministry’s Cyber Crime Coordination Center. The unit will focus its energy on cryptocurrency-related crimes to help police officers detect cyber fraud. Technology for Cryptocurrency Analysis As per The Hindu publication of February 19, 2019, Rajnath Singh, the country’s Union Home Minister, inaugurated the […]

The Boom of Swiss Crypto Foundations Has finally Fizzled – BTCMANAGER

Several high-profile scandals and the lack of foresight when it comes to governance have led to the stumble of many Suisse-based cryptocurrency foundations Finews reported on February 18, 2019. Foundations Marked Switzerland’s Economic Climate Foundations, while not the backbone of the Swiss economy, have been an inescapable part of the country’s history. Initially intended for philanthropic […]

Microsoft Finds and Boots Eight Cryptojacking Apps on Microsoft Store – BTCMANAGER

Microsoft has booted eight malevolent apps from its official desktop and app store that have been secretly mining monero (XMR) from unsuspecting computers. Researchers from Symantec discovered the eight malicious apps and informed Microsoft who took the necessary steps. Apps Worked in a Similar Fashion According to the official report from the researchers, an unknown […]