Jacob Tuwiner

Bitcoin Dives Below $7,000 Support Level Following Korean Exchange Hack

Bitcoin plummetted below $7,000 USD for the first time since April 2018. The drop occurred shortly after South Korean exchange Coinrail announced a “cyber intrusion” in their system. Coinrail claims to have frozen exposed NPER, ATX, and NPXS coins, and that other cryptocurrencies are now safely secured in cold storage. However, their website provides no additional information. Other major […]

Bitcoin Dives Below $7,000 Support Level Following Korean Exchange Hack

Mike Novogratz and Bloomberg Team Up to Create the First Institutional-Grade Benchmark for Crypto Market

Bloomberg announced today that they are teaming up with Galaxy Digital Capital Management, founded by Michael Novogratz, to create the Bloomberg Galaxy Crypto Index (BGCI). The index is the world’s first institutional-grade benchmark for cryptocurrency markets, designed to track the most liquid portion of the crypto market. The index is market capitalization-weighted, measuring the performance of […]

London Authorities Seize $700,000 in Bitcoin from Cybercriminal

Cybercrime is becoming a significant issue in today’s technological society. Moreover, cybercriminals are starting to use cryptocurrencies to launder their money. Although many cybercriminals feel as though they operate with impunity, that’s not the case. Last year, Scotland Yard arrested Grant West and authorized seized  $700,000 worth of Bitcoin. Mick Gallagher led a two-year surreptitious […]

London Authorities Seize $700,000 in Bitcoin from Cybercriminal