Key Points Bitcoin price recovered nicely from $7300, but it is struggling to gain traction against the US Dollar. There is a major bearish trend line forming with resistance at $8,750 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must hold the $8,400-8450 support area to avoid any further declines toward $8,000. Bitcoin price is struggling to break a key barrier at $8,800 against the US Dollar. BTC/USD is slightly bearish with an important Read more …
The Clarifying Lawful Overseas Use of Data (CLOUD) Act was passed along with the federal spending bill on Friday, March 23rd, 2018. The act allows law enforcement agencies to demand access to online information from any country in the world. The CLOUD Act was introduced by Republican Senator Orrin Hatch, with the support of both Republican and Democratic Senators. It allows law enforcement agencies an easier route to access users electronic data such as emails, messages, and files, even if Read more …
Featured Many government services in Atlanta, Georgia, a major metropolitan US city, were brought to a halt this week. Ransomware appeared on municipal computers, urging a payment of $51,000 in equivalent bitcoin, otherwise vital city functions would be shut down. The hackers made good on their threat, and services all over the city were impacted, including police. Into the weekend, the issue has not yet been resolved. Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the Read more …
Key Highlights ETH price made a downside move and declined below the $500 level before a slight recovery against the US Dollar. There is a monster bearish trend line forming with resistance at $535 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses if it fails to move above the trend line and $535. Ethereum price is showing a lot of bearish signs against the US Dollar and Bitcoin. ETH/USD Read more …
Key Points Bitcoin cash price corrected higher but it struggled to move above the $1,080-1,100 against the US Dollar. There is a significant bearish trend line forming with resistance at $1,000 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX). The pair may continue to struggle and it could decline below the $950 support in the near term. Bitcoin cash price is struggling to gain upside momentum against the US Dollar. BCH/USD remains at a risk of Read more …
300cubits, a blockchain-powered ecosystem to secure shipment booking is set to launch their ICO on 12th April 2018. This month-long campaign will offer 18,000,000 TEU tokens—the proprietary medium of transaction on the 300cubits platform. TEU tokens have been rated 4.6 out of 5 from ICObench. 24th March 2018: The 300cubits team and its advisory group comprises of renowned industry veterans, usually unseen in most of the ICOs. One of the Co-Founders, Johnson Leung, has twenty years of relevant industry experience; particularly in the shipment booking Read more …
Featured This week the bitcoin cash community was surprised to hear that the infamous ‘gold bug’ Peter Schiff is now accepting bitcoin cash, joining a number of precious metals businesses that accept BCH. Also Read: Study: 70% of Crypto Exchanges Allow Weak Passwords The Guy Who Calls the Bitcoin Economy ‘Digital Beanie Babies’ Now Accepts Bitcoin Cash The economist and notorious ‘gold bug’ Peter Schiff has been a ‘bitcoin hater’ for quite some time. Schiff believes that bitcoin is Read more …
U.S security firm Trend Micro has discovered a Monero crypto-mining attack targeting Linux Servers. The latest attack has been linked to an earlier $3 million USD Windows hack. According to the Trend Micro report, a group has taken advantage of a vulnerability in the Network Weathermap plugin for Cacti. The open-source visualization tool is widely used by ISPs, internet exchanges, telecommunications networks, and Fortune 500 companies to map network activity. Hackers Have Made $75,000 USD So Far Trend Micro’s Smart Read more …
Finance TMX Group, the operator of the Toronto Stock Exchange, has announced it’s launching a cryptocurrency brokerage platform. The service will be offered through its Shorcan Digital Currency Network subsidiary and focused on bitcoin and ethereum. The project will be implemented in partnership with the local fintech startup Paycase Financial Corp. Also read: Israeli Crypto Companies Banned From Stock Exchange Indices Trading Bitcoin and Ethereum The owner of the Toronto Stock Exchange, TMX Group Ltd., will offer Read more …
The leading Japanese information and communication technology (ICT) firm Fujitsu recently announced the opening of its international Blockchain Innovation Center in Brussels, Belgium to explore the technology’s potential applications in all possible areas, according to a press release published March 21. In its official statement, Fujitsu claimed that the new center will research and develop Blockchain-based solutions in “sectors of all kinds”, from Distributed Ledger Technology (DLT)-based audits to Blockchain-based voting. Yves de Beauregard, head of Fujitsu Benelux (Belgium Netherlands Read more …
With dozens of stories coming out in recent weeks about exchanges getting hacked or losing user funds, many are looking for another place to trade their coins. Exenium is offering the most secure and intuitive cryptocurrency trading experience in the space. Big Exchanges Taking Flak from the Community The growing mainstream interest in cryptocurrency over the past few months brought millions of new users into the space, with most signing up on just a few of the available exchanges. Faced Read more …
Jed McCaleb, the co-founder of Ripple (XRP) and Stellar (XLM), as well as the creator of the infamous Mt. Gox cryptocurrency exchange, claimed that cryptocurrency and its underlying technology, Blockchain, should remain decentralized in order to succeed in the future, CNBC reported Friday, March 23. In an interview on CNBC’s Fast Money, McCaleb said that the only other successful decentralized network he has ever seen is the Internet. In a fairly open critique of Ripple – a payment protocol company Read more …