Cryptocurrency Market Review 12.03.2018

Cryptocurrency market keeps falling. The cryptocurrency market keeps falling. At the time of publication, most cryptocurrencies in the top 100 are getting cheaper. The total market capitalization stands at $365 214 745 700. The figure has not risen above $ 411 billion since March 8. According to analysts, the decrease in the cryptocurrency market could be caused by the hacker attack on Binance, as well as statements by regulators of several countries, including China, the United States and Thailand, on the need to tighten the regulation of cryptocurrency.

MoneroV hard fork postponed MoneroV developers have decided to postpone the hard fork until the end of April. The fork that was initially scheduled for March 14 will now take place on 1564965 approximately on 30th of April. The developers said that exchanges and custodian services need more time to implement the MoneroV technology for them to support the fork and credit XMR holders with XMV.

Binance offers $250,000 reward for hacker tip-offs. Binance, one of the world’s biggest cryptocurrency exchanges, is offering the equivalent of $250,000 (paid in cryptocurrency) to anyone who supplies information that leads to the legal arrest of the hackers involved in the attempted hacking incident on Binance on March 7th, 2018. The exchange has also set aside the equivalent of $10,000,000 USD in crypto reserves for future bounty awards against any illegal hacking attempts on Binance.

Scammers steal $2 million in cryptocurrency through fake ICO. Scammers appear to have stolen $2 million in cryptocurrency after carrying out a fake ICO. The scammers used a fake profile on LinkedIn and stole pictures from another Instagram account to create a fake person — and were then able to get more than 1,000 investors to invest in Giza, its so-called ICO project.

Thomson Reuters to track Bitcoin sentiment for crypto traders. Canadian mass media and information company Thomson Reuters has announced the launch of a new version (v3.0) of its MarketPsych Indices (TRMI) - a Bitcoin sentiment data feed. The corporation is to track and analyze chatter about Bitcoin on over 400 of news and social media websites to help investors looking for an edge in trading the world’s biggest cryptocurrency, the company said.

For the full list of ongoing ICOs click here.