According to experts, bitcoin ransomware attacks occur for one reason and one reason only… Because hackers love bitcoin.Bitcoin Ransomware Attacks: Will They Ever Stop?Members of the cybersecurity industry – such as Jason Ingalls, the founder and CEO of Ingalls Information Security – claim that there’s been a serious spike in bitcoin ransomware attacks over the past few years, and it’s happening strictly because hackers are looking to obtain BTC in the quickest and easiest way possible....
Read More »Block Fi Has Seen Its Income Double in Two Months
Cryptocurrency appears to be garnering more and more attention as the coronavirus spreads. According to crypto lending platform Block Fi, the company’s monthly revenue has doubled since cases began to spike, suggesting that more people are beginning to see BTC and other forms of crypto as the ultimate way of hedging their wealth against inflation and other economic problems.Block Fi Is Heading for the TopHowever, in a blog post, the company suggests that the bitcoin halving that occurred at...
Read More »Kanye West: Ein US-Präsident der Bitcoin versteht?
Kanye West zu Besuch bei US-Präsident Trump im Oval Office am 11. Oktober 2018. Foto: Public Domain via Wikipedia Was die westliche Welt und Amerika braucht, ist endlich wieder eine einfache und verständliche Vision. Kommt diese nun mit Kanye West? Der bekannte US-Rapper kündigte gestern seine Absicht an, für das Amt des US-Präsidenten kandidieren zu wollen. Und die Idee...
Read More »Man in Russia Won’t Get His Stolen BTC Back
Should anybody lose their bitcoin to hackers or have their coins stolen, the first thing they’ll want to do is get the police involved to help them in retaining their lost funds. However, when the country’s regulators are working against you, like they are in Russia, that can be extremely frustrating for those who are the victims of malicious actions.Russia Goes Against BTCA man in Russia who has had more than 100 bitcoin units stolen from him over two years ago has sought legal assistance in...
Read More »Brock Pierce Announces He Will Run In The 2020 US Presidential Elections
Another popular figure in the cryptocurrency field has decided to take his chances with the 2020 US Presidential Elections. According to a press release, Pierce will be running as an Independent candidate for the elections that are to take place on November 3rd this year. Brock Pierce’s Presidential Race In a somewhat interesting turn of events, the co-founder of EOS Alliance and a well-known figure in the cryptocurrency field, Brock Pierce, announced that he will be running for President of...
Read More »VeChain Price Analysis: Sky is The Limit as VET Charts 65% Gains in 7 Days
VET saw a massive price surge over the past 24 hours as the cryptocurrency reached $0.0168.The coin has been on a rampage this week after exploding by a total of 65%.Against Bitcoin, VET created a fresh 19-month high as it reached the 180 SAT level.Key Support & Resistance LevelsVET/USD:Support: $0.0136, $0.011, $0.01.Resistance: $0.0152, $0.0161, $0.018.VET/BTC:Support: 150 SAT, 130 SAT, 113 SAT.Resistance: 181 SAT, 200 SAT, 221 SAT.VET/USD: VeChain Reaches Fresh 22-Month HighsThe price...
Read More »Hackers Exploit Vulnerability in Ravencoin Protocol to Mint 315 Million Fake RVN Coins
Ravencoin is the latest altcoin project to suffer an inflation bug, after discovering an attack that saw rogue actors mint 315 million counterfeit RVN tokens. Ravencoin Suffers Inflation BugThe Ravecoin network announced the news of the attack via a Medium blog post on Thursday (July 2, 2020). According to the post, the CryptoScope team alerted Ravencoin to the incident. Both teams worked together not to release particulars of the vulnerability to prevent copycat attacks. Rogue actors were...
Read More »2.6 Million Citizens Own Cryptocurrencies, UK’s FCA Reports
In its most comprehensive report on cryptocurrencies to date, the UK Financial Conduct Authority (FCA) outlined that they have increased in popularity and ownership since 2018, with up to 2.6 million people on the island holding digital assets.The UK Watchdogs Advance On CryptoAccording to the report from the FCA published earlier this week, the UK population and local authorities have become much more knowledgeable on digital assets since the first paper in 2018. Two years ago, the watchdog...
Read More »Bitcoin Price Analysis: BTC Anticipates Huge Upcoming Move To End This Uncommon Stability
For the past ten days, the Bitcoin price was trading mostly inside a $200 range between $9000 and $9200.This behavior is very uncommon to a volatile asset such as Bitcoin. Some technical signs point on an end to this saga very soon, probably as the new week starts.Bitcoin Recent Price ActionAs can be seen on the following 4-hour chart, Bitcoin is trading inside a symmetrical triangle pattern.While yesterday BTC was about to break it down from its lowest angle, Bitcoin found support and...
Read More »Can Crypto Payment Cards Become Mainstream?
Many people see the introduction of crypto payment cards as a viable method of bringing crypto to the mainstream world of retail sales, but there are several problems that the these cards will have to overcome if they are to ever be used on a regular basis by those looking to obtain both goods and services with digital funds.Crypto Payment Cards Must Be Improved UponCrypto payment cards are like credit or debit cards, only instead of being attached to a standard bank or financial institution,...
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