Month: April 2018

Kazakhstan’s National Bank is considering banning exchanges of cryptocurrency for the national currency, the tenge, as well as crypto mining, local news outlet Sputnik reported March 30. Daniyar Akishev, the chairman of the National Bank, said that they are “taking a very conservative approach toward the matter, and it welcomes nothing but extremely tough restrictions”, stating: “Therefore, we want to ban the exchange of digital currencies for the national currency. We want to prohibit the stock exchange’s activities in this Read more …

Both intentional cryptocurrency mining and cryptojacking is becoming more prevalent on college campuses than in any other industry, according to a blog post published March 29 by cyber attack monitoring firm Vectra. Vectra analyzed five industries where crypto mining – which the blog post defines as “an opportunistic attack behavior that uses botnets to create a large pool of computing power”, incorrectly combining crypto mining and cryptojacking into one use case – has occurred from August 2017 to January 2018, Read more …

Join our community of 10 000 traders on Hacked.com for just $39 per month. Blockchain and cryptocurrency technology is new and boasts of an extremely fast-growing marketplace. The number of cryptocurrencies that are launched on a daily basis makes it imperative that there should be a better-organized system of management and transaction than what is currently available. For a technology that is still seeking adoption into the mainstream, an easy entry and communication system will go a long way towards Read more …

News The U.S. government has been cracking down on individuals utilizing the peer-to-peer platform Localbitcoins. This week an Arizona resident named Thomas Costanzo was convicted for money laundering tied to over $164,000 worth of cryptocurrency trades. Also Read: Arizona Localbitcoins Trader Detained by U.S. Homeland Security Two Years Worth of BTC Trades Investigated The U.S. Attorneys Office from the District of Arizona and the Justice Department has convicted a trader named Thomas Costanzo (AKA Morpheus) who exchanged over Read more …

Key Points Bitcoin price is under a lot of pressure and it recently declined below $7,000 against the US Dollar. There is a crucial bearish trend line forming with resistance at $8,100 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair may correct a few points towards $8,000, but it will most likely face sellers on the upside. Bitcoin price remains in a major downtrend below $8,000 against the US Dollar. BTC/USD could correct higher, Read more …

On March 19, 2018, in an op-ed published by the French news website, Numerama, France’s Minister of Finance and Economics, Bruno Le Maire wrote what appears, at least at first glance, to be an uncharacteristically optimistic exposition on the profound and pioneering nature of cryptocurrency and blockchain technology:“A revolution is underway, of which bitcoin was only the precursor. The blockchain will offer new opportunities to our startups, for example with the Initial Coin Offerings (ICO) that will allow them to Read more …

Key Highlights ETH price is currently recovering, but upsides remain capped by the $460 level against the US Dollar. There is a major bearish trend line forming with resistance at $460 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may correct a few points in the near term, but it will most likely face sellers near $450-460. Ethereum price is under huge selling pressure against the US Dollar and Bitcoin. ETH/USD is likely to extend declines Read more …

Mining A report published by cybersecurity company Vectra has detailed what it describes as an “alarming surge in cryptocurrency mining on college campuses.” Also Read: Markets Update: Cryptocurrencies Lose Over 20 Percent This Week  Colleges Become Hotbed for Mining Activities Vectra’s report asserts that opportunistic students, malicious hackers, and even cryptocurrency mining scripts hosted by websites, are sapping power from universities to freely mine virtual currencies. The analysis concludes that higher education is by far the largest industry that Read more …