Hackers pulled off a successful ransomware attack on COVID-19 researchers from the University of California in San Francisco and received 116 bitcoins.Now, recently surfaced transcripts reveal how the entire operation played out.Phase One: The HackAlthough the name of the group was initially a mystery, the Bloomberg report said that the organization had a history of targeting health-care entities. Later on, a group dubbed Netwalker claimed credit for executing the ransomware attack on the...
Read More »Analyst Says a $17,000 Price for Bitcoin Is Likely By End of Year
According to one analyst, bitcoin could potentially reach a price of more than $17,000 by the end of the year.Bitcoin Hitting $17K? Chances Are Pretty GoodIn a tweet, Cane Island Alternative Advisors’ Timothy Peterson explained:Odds of bitcoin reaching $17,000 any time during the remainder of the year are about 30 percent.The only problem is that the asset would have to shoot beyond the $12,000 mark for it to reach the said price. If this doesn’t happen, we can’t expect the currency to move...
Read More »BlockFi Raises $50M, Anthony Pompliano Joins The Board Of Directors
CEO and Founder of BlockFi, Zac Prince, announced that his company had closed a Series C funding round for $50 million. As part of the investment round led by Anthony “Pomp” Pompliano’s Morgan Creek Digital, Pomp will join BlockFi’s board of directors.BlockFi Raised $50MPrince initially announced the fundraising in Pompliano’s latest podcast episode earlier today. The two specified that apart from Morgan Creek Digital, other prominent co-investors participating in the round included Valar...
Read More »Bitcoin Crashes, Loses $800 in Roughly Two Days
It looks like bitcoin has let everyone down again. The world’s number one cryptocurrency by market cap has taken a serious turn for the worse and fallen to $11,600 – roughly $400 less than where it was yesterday.Another Bitcoin Fall Is in the BooksThe currency has been on a serious roll after the last few weeks, rising all the way from the mid-$9,000 range to above $12,000. However, now that the currency has broken previously set resistance, the asset is seemingly taking a serious step back....
Read More »Rekord-Traffic auf Binance
Bitcoin-Börse Binance expandiert nach Deutschland. Investoren, Experten und Kryptofans fühlen sich an 2017 erinnert. Naht ein erneuter Bullrun? Es scheint so einiges dafür zu sprechen – nicht zuletz der kürzlich verzeichnete Rekord-Traffic auf Binance. Binance-Traffic so hoch wie nie zuvor! Binance ist eine der größten Kryptobörsen der Welt. Der CEO des Unternehmens gab am 17....
Read More »Mastercard baut die globale Partnerschaft mit TransferWise weiter aus
Mit der Debit Mastercard von TransferWise erhalten Kunden weltweit Zugang zu einem Multi-Währungs-Konto und zahlreichen Mobile-Payment-Lösungen im europäischen Wirtschaftsraum Mastercard und das britische Fintech TransferWise weiten ihre globale Partnerschaft aus und ermöglichen so die Herausgabe von Mastercard-Karten weltweit in jedem Land, in dem Mastercard akzeptiert wird und TransferWise zugelassen ist. Die beiden...
Read More »Finstar: Hypothekarbank Lenzburg lanciert Digital Asset Plattform
Brückenschlag zwischen der klassischen und digitalen Finanzwelt: Die Hypothekarbank Lenzburg macht die Bankensoftware Finstar «Blockchain ready». Über die Open-Banking-Plattform Finstar können digitale Vermögenswerte neu tokenisiert und auf die sicherste Art aufbewahrt werden. Die Hypothekarbank Lenzburg setzt dabei auf die Technologie der Taurus Group aus Genf. Die Finstar® Open Banking Digital Asset Plattform ist ein innovatives neues...
Read More »Tether Moves 1 Billion USDT to Ethereum Amid Sky-High Fees and Congestion
Ethereum’s network is on the brink of its highest congestion rate, while the transaction fees are still particularly high.Amid all of this, Tether has moved over 1 billion USDT from Tron’s network to Ethereum.Tether Moving 1 Billion USDT to EthereumEarlier today, Tether, the company issuing the most popular stablecoin, USDT, announced that it plans to move 1 billion USDT to Ethereum’s ERC20 protocol.“In a few hours, Tether will coordinate with a 3rd party to perform two chain swaps...
Read More »Ethereum Price Analysis: ETH Finds Support At $400, Reversal Soon?
Ethereum dropped since hitting the 2-year high at $438 over the weekend to reach $413.The coin spiked beneath $400 yesterday but found reliable support at $396.Against Bitcoin, Ethereum dropped from the 0.0371 BTC resistance to reach support at 0.0347 BTC (.236 Fib Retracement).ETH/USD: Momentum Reaches A Period Of IndecisionKey Support Levels: $408, $400, $380.Key Resistance Levels: $438, $445, $465.The bullish pressure has faded since ETH reached the 2-year high at $438 last week. The coin...
Read More »New Polkadot Token (DOT) Listed by Binance and Kraken Ahead of Formal Redenomination
Early traders of Polkadot’s new DOT token have come in for an unfortunate surprise, as two prominent exchanges decided to list the token ahead of its “redenomination” despite warnings from the project.The redenomination, due to take place on August 21, will see the new DOT denominated at one-hundredth of the value of the DOT (old), following a community vote. However, the project hasn’t sanctioned any exchange listing before the event on August 21 due to the risks involved.DOT’s Road So...
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