Tag Archives: Last

Cryptocurrency Thefts and Scams Raked in 300% More Profit Last Year than 2017

Blockchain analytics firm CipherTrace released a report this morning showing that roughly $1.7 billion in cryptocurrency was stolen or scammed over the course of 2018. The amount stolen by hackers alone is staggering: over $950 million. The figure represents an increase of more than 300% from 2017. Continue reading Cryptocurrency Thefts and Scams Raked in 300% More Profit Last Year than 2017

Ripple’s Cryptocurrency Sales Plunged by Nearly 25% Last Quarter

Ripple released its fourth-quarter markets report this week. One thing is clear: the bear market is affecting Ripple as much as anyone else. Total sales of XRP from the company amounted to around $129 million versus the previous quarter, which saw sales of $163 million. Continue reading Ripple’s Cryptocurrency Sales Plunged by Nearly 25% Last Quarter

Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year

Taiwan Semiconductor Manufacturing Company Limited, who provides chips to Bitcoin mining giant Bitmain, says that 2018 saw a downturn in demand for crypto mining chips. In a recent conference call with investors, TSMC CEO C. C. Wei said that cryptocurrency had previously accounted for “a lot” of the company’s orders, but that it had gone down since the boom year of 2017. Continue reading Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year