Category Archives: Business News

Dallas Mavericks to Accept Bitcoin ‘Next Season,’ Says Owner Mark Cuban

Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Dallas Mavericks owner Mark Cuban said that the NBA team will accept bitcoin beginning next year. Dallas Mavericks to Accept Bitcoin ‘Next Season’ The billionaire entrepreneur and “Shark Tank” investor made the announcement on Twitter, responding to a question from a… Read More »

Coinbase Criticized For Spamming Bitcoin Mempool, CEO Responds

Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Throughout the past week, Coinbase, the global cryptocurrency market’s largest brokerage and wallet platform valued at $1.6 billion, has been heavily criticized for the absence of Segregated Witness (SegWit) and transaction batching on its platform. Coinbase Lacking SegWit and Batching (more…)

$400K: Hacker Makes Off With Stellar Lumens in BlackWallet Theft

An unidentified thief has reportedly stolen more than $400,000 in Stellar lumens after hacking the digital wallet provider BlackWallet. According to cybersecurity reearcher Kevin Beaumont, the attacker hijacked BlackWallet’s domain name system (DNS) server over the weekend, adding a piece of code which transferred any deposits of 20 or more lumens into (more…)

Blockchain in Your Pocket? The Phone Behind Sirin’s $157 Million ICO

Does the world really need a blockchain phone? Sirin Labs is betting it does. The startup, which recently raised $157 million in an initial coin offering (ICO), is building an Android smartphone from scratch with special features for cryptocurrency enthusiasts: an app store for distributed apps (dapps), cold storage for private keys (more…)

Crypto Market Continues to Struggle in Wake of South Korea Fiasco

Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency markets continued to struggle this weekend against the setback caused by a false regulatory announcement from South Korea this past week, as the top 10 currencies posted losses in the mid-single digits to the mid-teens in the (more…)

Blockchain and the Rise of Transaction Technology

Magda Borowik is the special envoy for fintech to the Ministry of Digital Affairs of the Republic of Poland and the director of technology research at FinTech Poland. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. The last couple of years were owned by the ‘fintech’ buzzword. From startups to (more…)

South Korea’s Cryptocurrency Fiasco is Fueling a Political Conflict

Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The controversial decision of Justice Ministry head Park Sang-ki to release a premature and false statement on a potential cryptocurrency trading ban has fueled a political conflict between the current administration and other opposition parties. Opposition Party Accuses Justice Ministry (more…)

Don’t Use a Blockchain Unless You Really Need One

Marc Hochstein is the managing editor of CoinDesk and a former editor-in-chief of American Banker.  The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Last month I had the plum assignment of interviewing Naval Ravikant for CoinDesk’s Most Influential in Blockchain 2017 series. During our conversation, (more…)

Warren Buffett Doesn’t Understand Cryptocurrencies ‘At All’, Says Binance CEO

Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. In a January 10th interview on Bloomberg TV, Binance CEO Zhao Changpeng briefly touched on Warren Buffet’s recent comments that cryptocurrenciesare headed for a “bad ending.” The interview covered a range of topics, including the situation in South Korea, Binance’s (more…)