Flash crash results in losses on Bitfinex
On November 29th, around 6:30 PM, a ‘flash crash’ hit the cryptocurrencies NEO, OMG, and ETP. The crash lasted a brief 15 minutes, with the tokens losing and regained 90% of their value within the 15 minutes time frame.
Amazon holding back from blockchain
Blockchain is taking over the market and is extensively being used and researched in the technology world. It was initially developed for the digital currency, Bitcoin; it is now being used by the tech industry for numerous other purposes. Blockchain owes its success to two features: transparency and incorruptibility.
Bitcoin in trouble?
We all heard what JP Morgan had to say about bitcoin, and it was not pretty. However, as we may have also observed, bitcoin has gone through a meteoric rise in the past few months. This has led its critics to retract their statements and invest in the cryptocurrency.
Cboe to launch bitcoin futures before CME Group
The exchange platform, Cboe, announced that they will launch Bitcoin futures by December 10.
CryptoKitties pose serious threat to Ethereum network
Cryptocurrency’s first ever fad, crypto kitties, have taken over the Ethereum network, posing some serious threats to its scalability and network capabilities.
