Retail Giant Rakuten to Buy Crypto Exchange for $2.4 million

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The Japan-based e-commerce giant Rakuten has announced plans to acquire the local cryptocurrency exchange called Everybody’s Bitcoin. The acquisition, Rakuten noted, is a result of an increased demand from foreign exchange customers of Rakuten Securities, the securities division of the Rakuten Group….

Bitfi Closes Wallet Bounty Program, Removes ‘Unhackable’ From Branding

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Bitifi has ended its bounty program for hackers who could breach its supposedly “unhackable” wallet, in addition to removing the claim from its marketing materials. Cryptocurrency hardware wallet manufacturer Bitfi has officially closed its bounty program, according to an August 30 tweet,…

Self-Proclaimed Bitcoin Creator Craig Wright Sparks Controversy After Getting His Math Wrong

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Craig Wright, the Australian computer scientists and self-proclaimed creator of Bitcoin, has landed in a new controversy after tweeting August 28, that miners who can’t mine blocks of 32MB deserve to go bankrupt. Expectedly, a war of words soon broke out on…

BitAngels’ Michael Terpin: Negligence of Major Phone Companies Is Crypto’s Biggest Threat

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Cointelegraph talks with American blockchain investor MIchael Terpin about why he’s suing AT&T and where he sees Bitcoin in 3-5 years. This interview has been edited and condensed. Michael Terpin is an American blockchain and crypto investor who has worked with over…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 31

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There has been a lot of positive news in the crypto industry recently. Do the charts support a bullish outlook? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every…