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Ripple CEO Tells Industry to Work With Regulators
In this frenzy of cryptocurrency organizations and the governments being on opposing sides all throughout 2017 and even in 2018, a familiar name in the world of cryptocurrencies has stepped in to this debate and aired his opinion. That familiar name is none other than Ripple CEO Brad Garlinghouse, who recently requested cryptocurrency organizations and their members to co-operate with different regulators in different countries. Sponsored In an interview aired on CNBC on Wednesday, he said that the blockchain revolution is happening within the cryptocurrency industry itself. He also emphasized the fact that industry members must realize the fact that they have to work...
8 Major Hacks in the History of the Global Cryptocurrency Industry
The cryptocurrency industry is currently unregulated and uninsured, making it a haven for digital bandits to plunder and pillage. While there are techniques to safeguard against hacking and theft, some unprotected accounts are still exposed to breaches. Only a few weeks ago, a Japanese digital exchange was hit with what has been described as the biggest hack in cryptocurrency history. Coincheck Exchange admitted to halting sales and withdrawals of the currency, NEM, after hackers reportedly stole 58 billion yen (£385 million). According to the exchange, it would be paying back 46.3 billion yen (£305.7 million) to investors. This massive heist is coming...
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