Companies

The latest data from market analysis and ICT consultancy operative holding company NetConsulting Cube shows that the blockchain market in Italy doubled to reach €31.0 million in 2018 – growing from €16.0 million in 2017 - and is still indicating significant growth over the next 3 years.

Hackers have taken advantage of the digital and embryonic nature of the cryptocurrency industry, and led both crypto exchange companies and users to shed tears. Now, CoinBene, one of the leading exchanges on the market according to coinmarketcap (CMC), has announced that it wasn’t hacked. The company was only carrying out maintenance - so it tells its users not to be worried.

A lot of people with different backgrounds enter the crypto industry without the full knowledge to differentiate between an exchange and a wallet, and some don’t know the importance of private keys and how to use them.

The North Korean hacker group Lazarus have continued to carry out several attacks on crypto businesses and financial technology (fintech) firms, using modern hacking techniques, according to Kaspersky Lab.

Bitcoin mining remains a quite popular activity since the cryptocurrency reached its all-time high of almost $20,000 in late 2017. Aside from traditional ways of getting crypto, customers can approach special companies offering cloud mining services. Here is a list of the major advantages and disadvantages of this virtual way of making crypto.

Blockchain technology has led Cloud to play a special role as an enabler so as to increase the ability of an Italian Chief Financial Officer (CFO) to function, not only in finance but also in sectors such as Agrifood, supply chain, manufacturing and others, according to Blockchain and Distributed Ledger 2019 Observatory. Italy has more than 76% of these blockchain-related projects.

Bakkt – owned by Intercontinental Exchange (ICE) has netted a $740 million valuation after raising more than $182 million in a Series A funding round in 2018, according to The Block, the crypto news outlet. The company sold over ¼ of its shares to investors to hit the current valuation.

The state of Colorado in the U.S. continues becoming more friendly to blockchain technology and cryptocurrency with every day that passes. The state has officially signed a senate bill 19-023 to exempt digital currencies as securities, and will only be used for consumptive purposes.

A new decentralized stablecoin from USDDex Japanese company will be available for purchase by crypto investors 1 month before its launch on cryptocurrency exchanges in a limited number with 45% bonus.