Crypto news

A newly-detected scam has been luring users into a Bitcoin scam, Abnormal Security reports. The cybersecurity firm informs that cybercriminals have been impersonating the popular Bitcoin Era trading platform to attract investors, while actually infecting their online devices with malware.Emails, Mimicking BTC Era PlatformThe automated scam emails, which many users have reportedly received, were intended to deceive them through a visual similarity to the leading cryptocurrency platform BTC...

A brief glimpse at the Bitcoin price chart over the past decade clearly shows that we are in what appears to be the early days of the fourth bull market cycle. The asset has experienced multiple boom-and-bust cycles in its brief history, and three can be clearly identified with tops and bottoms.600 Days Into Current CycleIn a recent report by CoinMetrics, these cycles have been overlaid in an effort to attempt estimation at the length of the current cycle.The current cycle began when Bitcoin...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 956. Im heutigen Video geht’s um folgende Themen: China testet digitale Zentralbankwährung im Einzelhandel, Dave Portnoy will Bitcoin und Chainlink retten & Thailand Gerichtsdokumente auf Blockchain. 1.) China testet digitale Zentralbankwährung im Einzelhandelhttps://www.btc-echo.de/cbdc-china-testet-digitale-zentralbankenwaehrung-im-einzelhandel/ 2.) Dave Portnoy offers to ‘save’ Bitcoin and...

The cryptocurrency market has lost $20 billion from its market capitalization, as the majority of cryptos in the red over the past 24 hours. Bitcoin’s current weekly low is at $11,100, while Ethereum reached the target of $370 as predicted by CryptoPotato.The giant blockchain, Polkadot, is trading around $5.40 after the DOT token was added to major exchanges earlier this week at a price of $3. DOT is recording a fantastic ROI of more than 80% over the past four days of trading. Polkadot is...

Today, bitcoin is trading for roughly $11,700. This is slightly above where it was just 24 hours ago, but the big question that’s likely on the mind of virtually every crypto trader out there is, “When is $12K going to show up again?”Is Bitcoin Planning to Move Up Anytime Soon?Not too long ago, the world’s number one cryptocurrency by market cap rose all the way to $12,400 in what was easily the biggest spike the asset had seen in well over a year. However, the surge didn’t last long, which...

Data from popular cryptocurrency monitoring firm reveals that institutional investors had a record-breaking number of leveraged short positions in Bitcoin futures contracts on the Chicago Mercantile Exchange (CME).While this might imply a lot of things, it appears that smart money is leaning toward bearish developments in the market. Of course, there’s always the possibility of a short squeeze.Institutional Bitcoin Shorts on the RiseBitcoin’s price lost about $1,200 in the last seven days....

Crypto fraud, sadly, is running rampant throughout the digital space, and according to a new report, popular crypto exchange Binance – arguably the biggest cryptocurrency trading platform by daily volume – has seemingly been associated with a common form of ransomware known as Ryuk.Binance Is a Central Hub for Ryuk EnforcersRyuk has been around since 2018. Per data from the FBI, the ransomware may be responsible for a minimum of $61 million in theft since it first emerged roughly two years...

The UK Financial Conduct Authority, responsible for financial regulations in the country, is looking to introduce further legislation that includes cryptocurrency firms.Such companies operating on the island may need to submit annual reports on how they deal with financial threats and crimes.UK FCA Explores Further Crypto RegulationsIn its latest consultation report, the watchdog noted that in July 2016, it introduced an annual financial crime report obligation for specific firms. By...

The crypto space is experiencing another red day today as a further $13 billion disappears from the market. This exodus of investment has caused Bitcoin to unravel $300 in the last 4 hours or about $1,200 in the last week.While there are no apparent catalysts for the current decline, Federal Reserve Chairman, Jerome Powell, is scheduled to give an update on Thursday regarding new steps the United State’s central bank plans to take to keep the struggling economy afloat.With rising pessimism...

Not long ago, bitcoin entrepreneur and former child actor Brock Pierce announced that he was looking to take on the White House and potentially run for President of the United States. He now has a famous campaign manager in Akon, who recently announced his own plans for a bitcoin city in Africa.Brock Pierce and Akon Work Together to Take the White HouseThis year’s presidential election is turning into one of the strangest events in recent years. It seems like most celebrities are of the mind...