Category: Cryptocurrency News

By CCN: Cryptocurrency maverick and U.S. 2020 presidential candidate John McAfee announced Thursday that he was going offline fearing for his life and freedom, prompting speculation and wild conspiracy theories on social media. Developing events have made it necessary for John McAfee to go dark. Please be advised that this account will be operated by staff until further notice. More details will be released in time. — John McAfee (@officialmcafee) May 16, 2019 Having been on the run since January Read more …

Mithril, a decentralized platform that rewards content creators on social networks, told Cointelegraph that they are working on expanding the acceptance of its MITH token merchant network into different categories, such as coffee shops, restaurants, sports clothing and adult entertainment platforms. For instance, the team has announced a partnership with AccuPass, a Taiwanese ticket aggregator. According to Mithril, users are now able to purchase concert tickets with its tokens. In March 2019, SWAG, an adult entertainment network that connects amateur Read more …

The biggest flash crash we’ve seen this year has sent bitcoin price plummeting today, along with the rest of the altcoin market. A $31 million sell order placed during the early hours appears to have kick started this heavy correction, but how long can it go? Let’s take a look. Bitcoin Price 4-Hour Chart Bulls showed weakness yesterday foreshadowing a potential drop, Bitcoinist predicted yesterday, which is exactly what happened. On the 4-Hour BTC/USD chart we can see that panic Read more …

As Bitcoin breaks significant resistance at $6,000 and $8,000, all within the space of a week, interest is reaching fever point. But despite the strong performance, which some say is buoyed by economic uncertainty over the US-China trade war, there are those among us who remain skeptical. Bitcoin FOMO An impressive week for cryptocurrencies saw Bitcoin break the $8,000 mark on Tuesday. Up 120% since the start of the year, this momentum is continuing to lead the rest of the Read more …

By CCN: Barry Silbert, the founder and CEO of Digital Currency Group (DCG), one of the most influential venture capital firms in the crypto space, has said that the current rally of bitcoin is different from 2017. The bitcoin price dropped to $7,200 on the day but remains up 96 percent year-to-date (source: coinmarketcap.com) The prominent investor emphasized the noticeable improvement in the infrastructure supporting bitcoin and the emergence of trusted custodial service providers that allow accredited and institutional investors Read more …

Emin Gun Sirer, a professor at Cornell University and a major global blockchain expert, will launch his own cryptocurrency and blockchain network, Bloomberg reported on May 16. Sirer, the creator of the first crypto based on proof-of-work (PoW) — Karma System — is now planning to launch a blockchain network that he touts as running as many transactions per second as payment giant Visa. Having raised $6 million from major investors such as Andreessen Horowitz, Polychain and MetaStable in February, Read more …

By CCN: The US stock market plummeted during the week’s final trading session, as the Dow and Wall Street’s other major indices reeled from yet another escalation to the US-China trade war. Dow Reels After Beijing Unloads on Trump Administration Stock futures traded sharply lower ahead of Friday’s opening bell. Dow Jones Industrial Average futures lost 190 points or 0.73%, implying a 182.68 point decline. S&P 500 futures dropped 0.72%, while Nasdaq futures shed 0.98% during a chilly morning on Read more …

Sudden and significant changes in the cryptocurrency markets are a common occurrence. Under such choppy conditions, you might want to try an automated trading solution such as Haasbot to help minimize the risks and maximize your profit. Also read: Coincheckup Aggregator Makes It Easier to Analyze the Crypto Market Haasbot Exploits Arbitrage Opportunities Between Exchanges Haasbot is one of the more established algorithmic trading software products in the industry. It trades hundreds of cryptocurrencies with no fees or volume restrictions. Read more …

Did crypto mogul John McAfee fall overboard the Freedom Boat? Or was he seized by the IRS? The rumors started mounting after a tweet from his account stated “developing events have made it necessary for John McAfee to go dark.” Another PR Stunt from John McAfee John McAfee has been “on the run” (this time around) from the U.S. authorities since January 2019. Well, not exactly on the run in the physical sense of the words. Since his vessel, the Read more …

Ethereum clients that still haven’t patched known vulnerabilities pose a security risk to the entire network, according to new research. A report from Security Research Labs that used ethernodes.org data, indicates that a large number of nodes using the most popular clients Parity and Geth have been left exposed for “extended periods of time” after patches for security flaws have been released. SRLabs says it reported a vulnerability in the Parity client in February that can open nodes up to Read more …

While it’s possible to buy top cryptocurrencies like bitcoin (BTC) and ether (ETH) in the over-the-counter (OTC) market, most people will need an exchange in order to buy other altcoins. Exchanges are simply an important component of the system that makes the crypto market tick. Regulators around the world have identified this, which is why regulatory moves have primarily targeted exchanges. Regulators want to be sure that exchanges employ the best security practices as well as measures — Know Your Read more …

By CCN: An attempted disruption of the Bitcoin Cash blockchain resulted in a negative outcome for the attacker. A BCH tinkerer with Reddit username NilacTheGrim boasted yesterday that he had “liquidated” the crypto funds belonging to the would-be blockchain bandit. Weak Address Security Come Back to Bite Bitcoin Cash Attacker To do so, he found a flaw in the wallet security model used by the attacker, who has not identified himself or been identified at press time. “The attackers used Read more …