Congressman of Venezuela: “Police kidnaps Bitcoin miners” (Consensus 2019)

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Venezuela has been in the spotlight a lot recently. It’s not often that both the mainstream media and the crypto media pay an equal amount of attention to a topic. The country is undergoing a major political crisis with two men claiming to be its legitimate presidents… Meanwhile, Venezuela’s inhabitants have had to deal with a 10-million percent annual inflation, many turning to cryptocurrency as the solution. Venezuela – Kidnappings, corruption, blockchain identity I ...read more

Here’s why chain reorg on BTC ledger is exponentially unfeasible: Donald McIntyre

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Donald McIntyre, one of the most active coordinators in the Ethereum Classic (ETC) community, recently shared his views and insights with Crypto Insider regarding the plausibility of a chain reorg. McIntyre, a former Senior VP at Morgan Stanley and VP at UBS, specifically addressed the recent suggestion by Binance CEO Changpeng Zhao to perform a chain reorg. This, after Binance, the world’s largest cryptoasset exchange in terms of trading volume, suffered from a damaging security breach. ...read more

Cryptopia Limited appoints Grant Thornton as liquidators

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David Ruscoe and Russell Moore from Grant Thornton New Zealand were yesterday appointed liquidators of Cryptopia Limited, a New Zealand cryptocurrency exchange based in Christchurch. The highly publicised hack of Cryptopia’s exchange in January 2019 had a severe impact on the company’s trade. Despite the efforts of management to reduce cost and return the business to profitability, it was decided the appointment of liquidators was in the best interests of customers, staff and other ...read more

Fundamental Analysis – May 13th 2019

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Fundamental analysis examines various factors underlying the value of cyptoasset. Fundamental analysis seeks to know whether a cryptoasset is undervalued or overvalued. In traditional securities analysis that would include financial factors such as cash flow, but in crypto we would look at different factors intrinsic to these types of technologies. Let’s observe the top 5 coins this past week. Network No other category of fundamental metrics matter as much as those on the network, or more ...read more

BitMEX settles all-time record $10 Billion in trades in 24 hours

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Arthur Hayes, the 33-year-old CEO of the Bitcoin Mercantile Exchange (BitMEX), a Seychelles -registered cryptocurrency derivatives exchange, has revealed that the Hong Kong-operated trading platform recently settled over $10 billion in trades during a 24-hour time period. According to Hayes, this is a new all-time trading record (set on May 11th, 2019) for BitMEX and that the dramatic surge in trading volume may be attributed to the recent spike in volatility of cryptocurrency prices. New reco ...read more