Bitcoin ransomware is on the rise.Ransomware Comes in a Big WayDuring the present COVID scare, many malicious actors have used the unstable environment to their advantage and sought new ways of garnering funds that they have no right to. There have been an increasing number of coronavirus-related scams meandering about, with many nasty individuals looking to sell fake masks or garner bitcoin donations for fake organizations claiming to be the World Health Organization (WHO) or the Red...
Read More »Ethereum Creator Vitalik Buterin Offers Scaling Solution for Sky-Rocketing ETH Transaction Fees
Median transaction fees on Ethereum just hit their highest point in almost two years, as the network struggles under heavy congestion.Meanwhile, Ethereum creator Vitalik Buterin confirmed on June 30 that the network would have to make do with current off-chain scaling solutions for the next two years. That’s until the planned scaling capabilities of Ethereum 2.0 are finally brought to fruition.Ethereum Median Transaction Fees SpikeIn the 48 hours leading up to June 30, the median transaction...
Read More »Is Bitcoin About to Experience Unprecedented Volatility?
The environment surrounding bitcoin and cryptocurrencies remains uncertain.Is Bitcoin About to Be More Volatile Than Ever?The global economy has taken several major hits over the past few months. The primary culprit is the ongoing coronavirus (COVID-19), which has led to a national shutdown in the United States and many other countries such as the United Kingdom, China, and South Korea. At the time of writing, several areas in the U.S. have rolled back on their opening strategies, with Texas,...
Read More »Cardano Price Analysis: ADA Surges 13% And Finally Conquers 1000 SAT
Cardano starts the monthly opening on a bullish foot with a total of 13% gains over the past hours.The price is increasing following a huge daily buying volume.Against Bitcoin, ADA surged above last month’s high after seeing 11.11% gains today.ADA/USD: Cardano Signals Fresh Increase Key Resistance Levels: $0.095, $0.97, $0.1Key Support Levels: $0.082, $0.075, $0.064ADA/USD. Source: TradingViewThe price of Cardano is up by 12.50% over the past hours due to the weekly recovery in the entire...
Read More »Crypto Ownership Is Growing in the United Kingdom
It looks like more people in the United Kingdom are working to get their fingers on digital currencies.The United Kingdom: Crypto’s Latest HomeThe UK was one of the hardest-hit countries when the coronavirus first began spreading outside of Asia. The nation has faced more than 300,000 cases and has been smacked with more than 40,000 deaths, according to varying sources, while recently, counties such as Leicester have been shut down completely. Prime Minister Boris Johnson has referred to the...
Read More »Bitcoin Price Analysis: BTC Bears Eye $8,600 As RSI Divergence Grows
On the 1D BTC/USD chart, we can see that the leading crypto-asset remains range-bound between the daily $8,600 and $10,000 levels.Rumors earlier in the week regarding PayPal possibly adding support for Bitcoin and other cryptocurrencies on its platform, sparked a small rally but failed to fuel a much-needed breakout above a key resistance level at $9,780.The pump was subsequently followed by a sharp sell-off below the previous weekly open at $9,300 (white line on the following chart), which...
Read More »Ethereum Price Analysis: ETH Bulls Defending $225 And Looking For a Rebound
Ethereum moved sideways over the past 24 hours as the bulls battle for the $225 level.The cryptocurrency has been falling all week as it drops by 5% after failing to break $250 last week.Against Bitcoin, Ethereum is attempting to reclaim the 0.025 BTC level.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $245, $250, $265.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0236 BTC.Resistance: 0.025 BTC, 0.0253 BTC, 0.026 BTC.ETH/USD: Ethereum Bulls Battling To Defend...
Read More »Washington DC Lawyers Can Accept Cryptocurrency Payments, The District Of Columbia’s Bar Says
Lawyers operating in the US capital Washington DC can accept cryptocurrencies as a legal payment method, said the District of Columbia Bar Association (DCB).Consequently, DC has become the fourth US jurisdiction to allow digital assets to be used for attorney payments.Washington DC Lawyers To Accept CryptoAccording to the ethics opinion published by the (DCB), attorneys in the US capital can start accepting cryptocurrencies, “as long as the fee agreement is fair and reasonable and the lawyers...
Read More »Tezos Partners With Bolt Labs to Integrate Layer Two Privacy Protocol For Bitcoin
Bolt Labs announced today that it plans to integrate its off-chain Bitcoin private payments protocol called zkChannels to the Tezos blockchain. The company is working with teams at Nomadic Labs and Metastate to complete the integration via an amendment proposal to be done by 2021.zkChannels To Build On TezosOriginally called BOLT, zkChannels v1 protocol saw the light of day earlier this year when Bolt Labs announced that it “enables private payments via zero-knowledge proof of knowledge...
Read More »CanCan: DFINITY entwickelt offenes TikTok auf Blockchain Basis
DFINITY präsentiert offenes TikTok und gibt Internet-Computer für Third-Party-Entwickler frei DFINITY gibt heute bekannt, dass die Eigententwicklung Internet-Computer nun auch Drittentwicklern und Unternehmern offen steht: Entwickler können darauf die nächste Generation dezentralisierter Anwendungen erstellen, die das Internet revolutionieren sollen. DFINITY präsentierte diese Woche unter anderem das selbstentwickelte CanCan, eine Art...
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