LG Expands Blockchain Applications With Food Ledger and Potential Crypto Wallet

LG Corporation, the South Korean electronics conglomerate, may be expanding its blockchain initiatives. On July 2, the firm filed a trademark application on that describes an electronic wallet that may contain capabilities for cryptocurrency. Additionally, LG CNS, the firm’s IT subsidiary, announced that it will add food distribution services to it’s Monachain distributed ledger, according to ZDnet. While a registration […]

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Bitfinex receives 5,000,000 USDT from an identified, yet unknown wallet address

The prices of most cryptocurrencies spiked on May 26. However, the ongoing market trend raised several eyebrows, with respect to this sudden surge. Whale Alert, a tracker of large cryptocurrency transactions, flagged many large USDT transactions from Tether treasury, Bitfinex, and other unknown wallets. It highlighted yet another massive movement of USDT from an unknown wallet to Bitfinex on May […]

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Bitcoin Wallet receives part of 5,000 BTC; speculated to be linked with wash trading and mixing

The cryptocurrency market has been a victim to multiple hacks where exchanges and users lost various cryptocurrencies. One of the recent examples was the Binance hack where 7,000 BTC were stolen from Binance’s hot wallet. However, with vigilant tracking apps, these funds can enter the system and it is difficult to identify when mixed with other funds. Many websites actively […]

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Crypto Market Paxful Launches Wallet App With African Education Tour

Peer-to-peer crypto marketplace Paxful has announced a series of educational workshops throughout Africa in 2019 in conjunction with the official launch of their wallet app. Paxful enables anyone in the world to buy, sell and accept bitcoin instantly. Paxful’s wallet essentially functions as a universal translator for money, as any form of money can become any other form of money. […]

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Cryptopia hack: Over $7 million worth of Ethereum [ETH] transferred by hacker to unknown wallet

The New Zealand cryptocurrency exchange, Cryptopia, which fell to its doom due to a security breach that occurred earlier this year, continues to stay in the headlines. The attacker, who almost drained the exchange’s entire Ethereum wallets, has been transferring the stolen funds since the beginning of the day. Whale Alert, a Twitter account that tracks the large sum of […]

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Trust Wallet Adds Support for Qtum Blockchain

Trust Wallet, the official mobile wallet app of global cryptocurrency exchange Binance, is rolling out extensive updates amid a massive rebrand as a multi cryptocurrency wallet. As Trust Wallet is continuing to add support for more Blockchain assets. Today, the platform announced to integrate Qtum (QTUM) support and other top blockchains. This enables control over your funds. It also provides […]

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Bitcoin [BTC] hack update: Wallet found with stolen 5846.32 BTC (~$34M)

Binance CEO Changpeng Zhao caused a major crypto-panic after officially admitting a large scale security breach on May 7, 2019, involving a hack of 7000 BTCs from the exchange. As Zhao took the breach update to Twitter, prominent figures including John McAfee and Vitalik Buterin showed their support for the exchange and condemned the act. @thetokenanalyst gave his two cents on the hack […]

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