George Soros is a controversial investor who has gained both notoriety and success by making difficult decisions. He has historically been involved with the decline of major banks and has become a notable political investor. Despite recent negative remarks about cryptocurrencies, his $26 million family office has revealed that it…
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Investment
Coincheck pays back cryptocurrency after hacker theft.
The Japanese cryptocurrency exchange Coincheck made headlines in January of 2018 when it suffered what might be the largest theft in modern history. Hackers targeted the exchange and made off with the equivalent of $500 million in cash. Some 260,000 customers were affected by the theft. The incident follows…
Eastman Kodak Stock Rises 120% Due to Crypto Mining and KodakCoin
Eastman Kodak announced to the public it plans to mint its own cryptocurrency, the KodakCoin. Shares in the company soared 120% after the announcement. Kodak is a US firm who is teaming up with Wenn Media Group based in London to present the initial coin offering or ICO. This blockchain-based…
Ethereum co-founder projects that if cryptocurrencies crash, the market will consolidate and recover
Former chief executive and co-founder of Ethereum, Charles Hoskinson claims that even after bitcoin alternatives that have no core fail, cryptocurrency markets will strengthen. Hoskinson, during a CNBC interview, said “My personal opinion is that we’re going to see a consolidation after a crash.” Hoskinson manages a blockchain research…
Ripple is Quickly Catching up to Bitcoin: The altcoin pushed past $3 and reached almost half of Bitcoins Market Cap
Ripple (XRP) is the second largest cryptocurrency by market capitalization. Recently Ripple crossed the $3 per coin mark. The altcoin was trading at an average of $3.12. Over the past twelve months, Ripple’ price has increased by almost 49,000 percent. Just last week, Ripple passed the $2 mark…
Top 10 Cryptocurrencies now includes TRON
TRON (TRX) grew 136 percent this last month and is now the 9th largest cryptocurrency by market capitalization. TRON has pushed Dash to 11th place. Growing well over 2,000 percent since mid-December, TRON has been on an upturn since mid-December. The first week of 2018 saw TRON enjoy almost…