Current Bitcoin Price: $3745 (as of 9:00 AM PST)
Over the last 24 hours, the cryptocurrency market has fallen by just over 2.5%. Bitcoin itself is down 2% on the daily chart, along with XRP, while Ethereum has lost more than 3.5% in value today alone.
Top Crypto News Stories for 4th March 2018
Monero is one of the most popular cryptocurrencies, thanks to its extensive privacy features. It’s been on the Ledger hardware wallets for quite some time, and up till now it’s been a mostly smooth ride.
However, a critical XMR bug has been uncovered on the Ledger Nano S, which prevents transactions’ change from being sent correctly. This bug has reportedly resulted in the loss of more than $80,000 of Monero in one case alone.
QuadrigaCX is the developing story which we’ve been covering plenty over the last month; the exchange’s owner, who was supposedly the only team member with access to the platform’s cold storage, passed away recently.
Today, it was discovered that those same cold wallets — which are supposedly completely inaccessible as of now — have been emptied of their many millions of funds.
Blockchain has many applications, but the most powerful applications are in the world of business, where they can be used to decentralize and add trust to otherwise centralized systems.
A recent report suggests that more than 40% of global tech companies would be willing to implement blockchain technology in the coming years.