99Crypto

On June 28th, 2018, the private cybersecurity firm Slowmist based in China discovered a vulnerability in Tether (USDT) regarding double spending. The company tweeted that they could conduct a transaction without correct field values on an exchange that was not specified. The vulnerability allowed individuals to receive credit for tokens…

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The crypto-currency world, spearheaded by pioneer platform Bitcoin, has unfortunately seen better days. After spiking to an estimated $20,000 per unit, Bitcoin has settled down to a more modest $6,000. Currencies similar to BitCoin have followed suit, prompting the question: Is this the end of crypto-currency as we…

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In a hearing held today by the U.S. Senate's Subcommittee on Crime and Terrorism, witnesses with a broad range of experience all spoke of the same problem, voicing the same concerns about a foreign actor using virtual currency to adversely affect the U.S. political system. Scott…

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At the beginning of 2018, the cryptocurrency market cap hovered near 1 trillion USD. However, the mid-point of this year tells quite a different story. The market cap has remained under $300 billion for most of June. Investors with substantial stakes are beginning to worry. They are wondering when will…

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The following is a summary of cryptocurrency news between June 18 and June 24, 2018: Bithumb Hacked Bitthumb, which is a South Korean cryptocurrency exchange, was reportedly hacked, losing around $30 million in funds. The exchange, which was previously the 6th largest cryptocurrency exchange in the world by trading volume,…

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The crypto mining industry, spanning 114 countries, has been around since 2009. In 2017, it had a profitability of $4.1 billion, excluding equipment sales income. Energy is required for operating Bitcoin networks. Former plants have been reused for building mining farms. Major industrial miners discover new ways to cut…

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