Cryptocurrency Analysis and News Portal
Economists predict a high probability of a “double-dip” in the U.S. economy in the fourth quarter.The U.S. stock market is a 10% drop away from entering a bear market after major indices dropped by 8% to 10% in the past month.The prospect of regional lockdowns in Europe and the high
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Last week Cryptox published a story about investors having difficulty getting their money back from a crypto fund called AMFEIX, which promised high-yield profits for investors who sent them Bitcoin (BTC). Our story described more than 500 pending withdrawals from users trying to get their money back, and AMFEIX’s unsatisfactory
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Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken
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The former chief executive officer of Wirecard, a German fintech company, has been detained by Munich police after being charged with misrepresenting the company’s balances.As reported by Reuters and many others, Markus Braun, who led the company for the better part of two decades, has been arrested by police in Munich,
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[sociallocker id="55298"] The ransomware gang REvil has launched an auction feature on the dark web in the past 24 hours, starting with the stolen data from a Canadian company and threatening to auction off information hacked from famous singer Madonna next. Cryptox accessed information from the first auction campaign conducted by
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[sociallocker id="55298"] Within the last hour Bitcoin (BTC) price abruptly surged to $10,380 after spending the last month trading in a symmetrical triangle pattern. The move above the crucial $10K mark occurred as U.S. President Donald Trump mobilized local police and the National Guard to disperse masses of protestors on
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Mining equipment producer Bitmain has issued two concurrent statements regarding its disgraced co-founder Micree Zhan, confirming his ousting in October.The statements were posted on Bitmain’s Weibo page on May 27, both of them reiterating that Micree Zhan, the company’s former chairman and legal representative, was removed from his position by
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Eccentric cryptocurrency advocate John McAfee admitted his anonymity-oriented project Ghost “copy-pasted” parts of its whitepaper from the documentation for open-source privacy coin PIVX in a series of tweets today. He nonetheless appears to intend to sue PIVX for defamation. Ghost vs. PIVX — brief recapEarlier this week, PIVX developers claimed that
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The coronavirus outbreak is already wreaking havoc on gaming conferences such as GDC 2020. Fears are growing that the virus could put a halt to the industry’s biggest event of the year, E3 2020. If this year’s E3 is canceled, the knock-on effect could potentially bring the beleaguered expo
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Despite considerable testing and research, the prospect of a central bank digital currency (CBDC) still raises significant concerns for bankers in Ukraine. At a Feb. 21 conference in Kyiv, the National Bank of Ukraine (NBU) presented the results of testing its CBDC project, the e-hryvnia, noting that the bank is
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