Today in the news:
- Lightning Network on Bitcoin mainnet passes 1000 nodes.
- John Oliver gave an episode-long crash course on the topics of Bitcoin and other cryptocurrencies on Sunday night's "Last Week Tonight."
- Tokyo-based Coincheck has begun repaying the victims impacted by the theft of some $530 million in NEM.
- And more crypto news below...
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Latest Crypto News - March 12, 2018
Bitcoin Eyes $10K, But Charts Hint at Bull Trap Potential
Bitcoin (BTC) is solidly bid on the first trading day of the week, but a move above $10,000 could turn out to be a bull trap, the technical charts indicate.
Read more: www.coindesk.com
Japanese Exchange Coincheck Begins JPY Refunds for NEM Hack Victims
As of today, Tokyo-based Coincheck has begun distributing reparations to users impacted by the infamous late January theft of some $530 million in NEM.
Read more: www.ccn.com
Other sources:
- Coincheck Starts Crypto Hack Refunds, Allows Limited Trading
- Coincheck Begins NEM Refunds For Affected Customers, Resumes Partial Trading
- Coincheck Lifts Some Trading Curbs, Begins Repaying Hack Victims
IBM’s Blockchain Used by 400+ Companies
IBM told investors in a briefing last week its blockchain solutions have more than 400 corporate users that are currently managing various projects on the emerging technology. Among IBM’s customers are giants like Nestlé, Walmart, VISA, and HSBC.
Read more: cryptovest.com
$3B Worth of Crypto Trading Volume Fake, Analyst Says
A cryptocurrency analyst has claimed that nearly 20%, or $3 billion, of cryptocurrency trading volumes are fake. They are the result of wash trading, a practice where actors sell to themselves to bloat size.
Read more: cryptovest.com
Is Google Quietly Purging Cryptocurrency Ads and Content?
Officially, Google doesn’t have any special policy regarding cryptocurrencies and ICOs. But worried voices coming from the crypto and marketing industry paint a very different, darker picture.
Read more: www.financemagnates.com
Other sources:
Watch John Oliver explain Bitcoin using $15,000 Beanie Babies and rap videos
John Oliver is known for his eloquent explanations of complex topics like net neutrality. Now, he’s turning his attention to the internet’s favorite topic of the moment: Bitcoin. It’s “everything you don’t understand about money combined with everything you don’t understand about computers,” quips Oliver, correctly.
Read more: www.theverge.com
Lightning Network Mainnet Passes 1000 Nodes as Release 'Nears'
The Lightning Network (LN) has passed 1000 active nodes on its Bitcoin mainnet implementation, marking a major milestone for the scaling solution.
Read more: bitcoinist.com
Binance Offers $250,000 Bounty For Arrest of Hackers
The Binance cryptocurrency exchange is offering a $250,000 equivalent bounty on the arrest of the hackers involved in the March 7th incident, Binance stated in an announcement March 11.
Read more: cointelegraph.com
Over 31,000 Restaurants Start Accepting Bitcoin Cash
Germany’s biggest meal delivery provider, Liferando, which allows you to order food from 11,000 restaurants, has begun accepting Bitcoin Cash.
Read more: www.trustnodes.com
EU Can't Ban Bitcoin Mining Over Energy Concerns, Official Says
Cryptocurrency mining is perfectly legal in Europe and only subject to standard electricity rules, according to an EU commissioner.
Read more: www.coindesk.com
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