Month: September 2017

Cryptocurrency exchange Bitstamp has credited users with Bitcoin Cash, while announcing it will postpone trading “until further notice.” The latest major exchange to credit wallets with the equivalent balance in BCH, Bitstamp beat major wallet Blockchain.info which is set to follow suit by the end of October. Users with coins on Bitstamp Aug. 1st have now received BCH equivalent to that amount. “[…] We have now distributed corresponding Bitcoin Cash (BCH) balances to those of our customers who chose to Read more …

Yet another incident of hackers using Bitcoin as a payment method for ransomware attacks has surfaced. One of the largest counties in Alabama was the victims this time, and the security breach and subsequent encrypting of sensitive information cost the local government a not-inconsequential $37,000. The figure sounds a lot, but when you consider that County Commission Chairman Elton Dean estimates the value of the seized data at around $5 million, the legislature managed to reclaim the appropriated digital property Read more …

Bitcoin has broken out of a price triangle to pass $4100 in a move which analysts predict could see a retest of the sacred $5000. Multiple sources point to $4100 as a gateway to considerably higher upside activity for Bitcoin, after its price exited a downward trend at $3900. Now, the previously forecast $3600 low forms a floor of a sector with $4100 at the top, which analyst Tone Vays says investors should “stay away” from. Tightening #Bitcoin NO Trade Read more …

NEOUSD TECHNICAL ANALYSIS Yesterday’s candlestick closed as a doji in the sense that there was clear buying pressure after that long lower wick. Even though price swings were limited to 3.00 points in contrast to Monday’s 8.00(Hi-Lo 17, 18), the price is on course of moving higher. I will expect more bullish momentum especially if … Continue reading Altcoin Analysis for 27-09-2017: NEO, DASH, IOTA, XMR and NEM The post Altcoin Analysis for 27-09-2017: NEO, DASH, IOTA, XMR and NEM Read more …

There are many different types of scams in the world of cryptocurrency. Phishing sites are still the main source of concern and financial gain for criminals. Things are only complicated further thanks to paid Google Search ads which show up in people’s browsers. A phishing site mimicking ShapeShift has been identified as a Google Search result. It is easy to spot the fake ad, but some people will get tricked into visiting the site regardless. Cryptocurrency users need to be Read more …

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative.  In this opinion piece, one of a weekly series of columns, Casey considers China’s recent moves against bitcoin exchanges and ICOs in a wider geopolitical context. The crypto community is once again reeling from a Chinese crackdown and trying to read the tea leaves on Beijing’s next move. China’s policymaking is far from transparent, so one can only speculate Read more …

Mario Draghi, President of the European Central Bank (ECB), is equating many central banks and regulators, commenting on regulatory measures on cryptic practices. However, he obviously pursues a slightly different approach from his colleges. Around the world, the market for cryptic growth is growing steadily, which is not unnoticed by the individual states and their governmental institutions. Thus, in the last month, efforts have been made by the central banks or regulatory authorities of many countries to curb and control Read more …

1. There are five most important ones. – Critical thinking Although it is difficult to notice the problems yourself when you catch fire with your dream, it is an essential skill to identify the weaknesses and challenges your ideas might have. Nevertheless, you should never underestimate logical thinking skills and the ability to listen to your opponents. – Focus and discipline Focus and discipline are vital in any field and type of business. Nowadays there are a lot of noise Read more …

The Russian telecommunications company Rusteleport has begun the process of ICO for Teleport – its new large-scale and unique project. Teleport is an Intercontinental trunking system and the virtual cellular operator based on mobile operators such as TELE2, Beeline, MTS. All payments are made in tokens. What is ICO? ICO (Initial Coin Offering) is a form of crypto-crowdfunding, which has been widely acclaimed among modern fund-raising tools. ICO allows investors to purchase coins that circulate in the project and grow Read more …

Having successfully defended the key rising trend line support over the last few days, the bitcoin-US dollar (BTC/USD) exchange rate is well bid above the $4,000 mark today. At press time, the cryptocurrency that powers the world’s largest blockchain is trading at $4,070, up 3% on the day. On a monthly basis, though, it is still nursing 6% loss. With the positive price action, investors appear to also be turning a blind eye toward news out of China that indicates at least Read more …

The head of Russia’s Ministry of Economic Development has compared Bitcoin to the infamous Ponzi scheme MMM. Speaking at the Federation Council, Maksim Oreshkin repeated the theme of “unqualified investors” buying into cryptocurrency being “dangerous.” “Because if you look at the dynamics of the Bitcoin price, they’re very like the price of MMM,” he said quoted by local news outlet RIA Novosti. MMM originated in Russia in the late 1980s as the product of serial fraudster Sergey Mavrodi. Law enforcement Read more …

An international marketplace for Ethereum trading, Cryptolocator.com will launch in the middle of October 2017. Cryptolocator platform unites trading partners and facilitates transactions with popular cryptocurrencies, prioritizing ETH. Users get access to a set of traditional marketplace features and deal mechanisms, new trading pairs, and extra service improvements. The developers are already researching the possibility of smart-contract implementation. The team harbors qualified specialists experienced in fintech, the blockchain, and smart-contracts. The technical implementation of the project is handled by a Read more …