Alibaba’s Jack Ma Joins the Bitcoin Bashing Brigade but Backs Blockchain

Join our community of 10 000 traders on Hacked.com for just $39 per month. Jack Ma has joined the bitcoin bashing brigade, although he remains keen on blockchain. Ma, chairman of Alibaba and considered China’s richest man, said during the second World Smart Conference in Tianjin that bitcoin is a bubble, according to a local …

China Ranks Ethereum as the World’s Best Blockchain Network, Bitcoin at No. 13

Join our community of 10 000 traders on Hacked.com for just $39 per month. On May 17, China’s Ministry of Industry and Information Technology released its public blockchain ratings, ranking various blockchain projects like Ethereum in the global cryptocurrency sector based on three criteria: technology, application, and innovation. Bitcoin at #13 As shown in the …

Cryptocurrencies ‘Pose Challenges’: Federal Reserve Governor

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Federal Reserve has been giving cryptocurrencies and their potential impact on the economy a great deal of thought lately. Most recently, Fed Governor Lael Brainard provided a rare tilt of the Fed’s hand on digital currencies, taking more time, offering more …

Bitmain Leads $3 Billion Crypto Exchange Circle’s $110 Million Series E Round

Join our community of 10 000 traders on Hacked.com for just $39 per month. Goldman Sachs-backed cryptocurrency exchange Circle now has a new investor to its name, the Chinese crypto mining giant Bitmain. A new investment round led by Bitmain values the exchange at $3 Billion and also includes other notable names like Accel and …

UPbit Audit Confirms South Korea’s Biggest Cryptocurrency Exchange Not at Fault

Join our community of 10 000 traders on Hacked.com for just $39 per month. A major accounting firm in South Korea has revealed results of an audit of UPbit’s cryptocurrency holdings, confirming that the exchange did not inflate its balance sheet and deceive investors. UPbit Investigation Results to be Released This Week An official police …

Cathay Pacific Launches Blockchain Rewards Program for Flyers

Join our community of 10 000 traders on Hacked.com for just $39 per month. Hong Kong flag carrier and airline giant Cathay Pacific joins a growing list of airline operators exploring applications of blockchain technology. In launching its first application of blockchain technology, the Cathay Pacific Group will issue air miles to customers over a single …

CEO Resigns from Crypto Exchange OKEx Amid Trading Boom

Join our community of 10 000 traders on Hacked.com for just $39 per month. The chief executive of one the world’s largest cryptocurrency exchanges has called it quits. Chris Lee, the head of OKEx, has resigned from the Hong Kong-based exchange just as it was executing major international expansion plans and was on track to …

Cryptocurrency Market Begins Recovery, Ethereum up 5%, Ontology and Storm up 12%

Join our community of 10 000 traders on Hacked.com for just $39 per month. The cryptocurrency market has begun to recover as major cryptocurrencies including Ether and EOS recorded gains of more than 5 percent over the past 24 hours. Tokens such as Ontology (ONT), Storm (STORM), and Tron (TRX) demonstrated gains in the 10 …