Today in the news:
- Bitcoin's weekly rally surpasses 20% and all coins in the top 30 are green today :)
- One of India’s biggest crypto exchanges has lost about 438 Bitcoins, allegedly due to a rogue employee.
- The value of Bitcoin in payment channels on the Lightning network has passed 100K USD.
- Bitcoin bull Tim Draper predicts Bitcoin will hit $250k in 2022.
- And more crypto news below...
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Latest Crypto News - April 13, 2018
Bitcoin Has Another Quick Spike as Weekly Rally Surpasses 20%
Bitcoin jumped suddenly for the second time in as many days, extending its weekly gain to more than 20 percent. The world’s most traded cryptocurrency climbed nearly $400 in the span of an hour on Friday to $8,175.
Read more: www.bloomberg.com
More sources about Bitcoin's price:
- Crypto Markets See Steady Growth Following Yesterday’s Sharp Price Jump
- Above $8K: Bitcoin Aims Higher After Bull Breakout
Ethereum (ETH) Making a Return, Price Shoots to $500
Ethereum (ETH) showed it was here to stay, and escaped the trading scenario with lows predicted below $300. Now, ETH reached $500 again as all altcoins are climbing against Bitcoin.
Read more: cryptovest.com
Other sources:
Indian Exchange Coinsecure Claims Insider Job in $3 Million Bitcoin Theft
Indian bitcoin exchange Coinsecure has disclosed a theft of 438 bitcoins, valued at over $3 million at press time, from its wallet in what is the country’s biggest cryptocurrency theft to date.
Read more: www.ccn.com
Other sources:
- Coinsecure India Down After $3 Million in Bitcoin Missing
- $3 Million Bitcoin Heist Reported by India's Coinsecure
- Bitcoin Exchange Implicates Employee In $3 Million Theft
- India’s Coinsecure Loses $3.3M in Suspected Insider Bitcoin Heist
74 Beauty Clinics in Japan Now Accept Payments in BTC
This week the Japanese cryptocurrency exchange and payment processor, Bitflyer, announced its partnership with SBC Medical Group the parent company of the popular Shonan Beauty Clinic. The union between both firms means that 74 clinics nationwide will allow patients to settle their bills in cryptocurrency.
Read more: news.bitcoin.com
Bitcoin Price Will Hit $250k in 2022: Tim Draper Sets Prediction
Serial investor and Bitcoin bull Tim Draper has delivered his 2018 Bitcoin price prediction, telling an event audience the cryptocurrency will be worth $250,000 in four years.
Read more: bitcoinist.com
Samsung Is Building ASIC Chips for Halong Mining
Seoul-based multinational conglomerate Samsung has confirmed that it is providing ASIC chips to mine bitcoin, ether and assorted cryptocurrencies for hardware manufacturer Halong Mining.
Read more: bitcoinmagazine.com
Banking Giant SBI Subsidiary Joins R3 Blockchain Consortium
SBI Bank LLC, a Russia-based commercial bank owned by Japanese financial giant SBI Holdings, is joining the New York City-based banking consortium R3.
Read more: www.coindesk.com
XRP ‘100 Percent Not a Security,’ Ripple Claims
Fintech startup Ripple is pushing back against claims that its cryptocurrency, XRP, is a security under US regulations.
Read more: www.ccn.com
Other sources:
Mastercard Is Hiring More Blockchain Developers
Payment giant Mastercard announced Thursday that it was hiring 175 new technology developers, including blockchain specialists.
Read more: www.coindesk.com
Vietnam Toughens Measures On Crypto Amid Suspicion Of Biggest Scam In Industry History
Vietnam toughens crypto measures amid reports of an alleged $658 mln ICO scam, which would be world’s largest to date.
Read more: cointelegraph.com
Nine Japanese Crypto Exchanges Have Suspended Operations So Far
A total of nine cryptocurrency exchanges in Japan have suspended their operations so far. This includes the latest two, one of which was sanctioned by the Japanese financial regulator on Wednesday while the other voluntarily withdrew its license application.
Read more: news.bitcoin.com
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