All the cryptocurrencies with high market cap were subjected to a strong recovery most of which were with more than 8%. However, a slight drop was experienced by all cryptocurrencies on Wednesday.
According to Jed McCaleb, decentralization is needed for future success. He was not the only one this week urging for decentralization as various highly ranked persons such as Edward Snowden and Jack Dorsey had similar ideas.
Bitcoin has been rising up to Dec 2017. therefore, investors have been focussing on this major cryptocurrency without considering other fast-growing ones such as Ripple and Stellar
Some unidentified hackers have launched a savage cyberattack on user’s account of the digital wallet provider, BlackWallet, carting away with more than $400,000 (£290,000) of cryptocurrency Stellar Lumen.