It’s happened again, folks. Another blockchain was ransacked by hackers who have made off with quite a bit of digital money. This time around, the victim is NULS, a token that’s reporting losses of nearly $500,000 at press time due to the hacker activity.NULS: Another Target of ThievesThe NULS team took to Twitter to tell enthusiasts and traders about the trouble they were facing. It appears as many as two million tokens were stolen, which at the time of writing, amount to roughly $480,000....
Read More »Libra Is a Failure, Says Ueli Maurer
Not long ago, it was reported that Libra was looking to make a new home in Switzerland. Well, it appears now that even Switzerland is looking down on the project, claiming that it’s not as strong as it should be.Libra and Switzerland Aren’t Friends AnymoreThese words came from Ueli Maurer, the country’s finance minster and outgoing president. He considers Libra something of a failure in its present state and doesn’t believe it can change the monetary system as it is. He also said that it...
Read More »Tron’s Justin Sun Announces New Acquisition for the BitTorrent Platform
Justin Sun, the founder of Tron (TRX) cryptocurrency and the CEO of the BitTorrent platform has announced a new acquisition for the platform. On Sunday, December 29, Sun announced that he has a special announcement on January 1, 2020, for the BitTorrent family.New acquisition for $BTT and @BitTorrent in three days. Stay tuned and welcome new members to #BitTorrent family! #BTT— Justin Sun (@justinsuntron) December 29, 2019Besides, Justin Sun has also mentioned that the new acquisition will...
Read More »Craig Wright on Bitcoin, the YouTube Purge, and HEX’s Criminal Richard Heart
Purported bitcoin creator Craig Wright takes aim at YouTubers, HEX’s Richard Heart and crypto pumpers. Self-proclaimed Satoshi Nakamoto paints a very different picture of bitcoin’s future than is found in crypto circles. Says miners will eventually be prosecuted for running nodes that facilitate criminal activity. Self-proclaimed bitcoin creator Craig Wright told CCN he thought the recent YouTube cryptocurrency purge was a long time coming. Wright also gave his opinion on HEX creator...
Read More »Bitcoin Post-Holiday Consolidation Opens Up New Opportunities for Altcoins
Bitcoin’s market capitalization has grown by 1.4% over the past 24 hours and now stands at $ 197.1 billion. Trading volume also rose to $ 17.2 billion (+ 26.6%). The weakness of the Bitcoin consolidation made it lose a bit of dominance, which now stands at 68.08%.Bitcoin (-0.16%) uninterrupted with growth over the weekend, but with fears among buyers, while Bitcoin SV, Litecoin and Bitcoin Cash has grown by 3.5% over the past 24 hours. Also a solid momentum: Binance Coin (+ 5-15%), Ethereum...
Read More »Ethereum Price Analysis: ETH Back Above $130, Can 2019 Ends In Favor of The Bulls?
SummaryEthereum saw some brief stabilization this week after the cryptocurrency rebounded from $125 and broke above the resistance at $130.Against Bitcoin, ETH surged higher from the 0.017 BTC support as it trades at 0.018 BTC.Despite the recent price rebound, Ethereum has still lost a total of 10% over the past 30 days of trading.Key Support & Resistance LevelsETH/USDSupport: $130, $128, $120, $118.Resistance: $145, $152, $160.ETH/BTC:Support: 0.0171 BTC, 0.0169 BTC, 0.0164...
Read More »TRON Dump Coming? Justin Sun’s Announcement Has Traders Worried About Huge Price Drop
TRON founder hints at upcoming acquisition, which stands to benefit BitTorrent Token and TRX holders. But TRX holders express skepticism towards Sun’s optimistic claims. Now, the community fears the worst for the 33 billion TRX which is due to be released on New Year’s day. TRON’s Justin Sun repeated the trick that made him famous Monday, as he announced an upcoming announcement for BitTorrent Token holders.Justin Sun Announces Announcement Again Specifically, the TRON CEO hinted at an...
Read More »Bitcoin Cash Attack Imminent? Unknown Miner Controls 70% of BCH Hashrate
Unknown miners currently account for 69.44% of the Bitcoin Cash hashrate. Established mining pools have disappeared completely. Others had their network influence cut in half. The same issue arose in April, when an unknown miner named Satoshi Nakamoto came close to controlling a majority of the BCH mining power. The Bitcoin Cash (BCH) network could be on the verge of a malicious attack after an unidentified mining pool assumed control of 70% of the blockchain’s hashrate.That’s according to...
Read More »Peter Schiff is Right in One Thing: Bitcoin Became Uncorrelated Asset
Even though we can say that Bitcoin was one of the assets that grew almost 100% this year, it seems that Euro Pacific Capital CEO Peter Schiff doesn’t agree.In his tweet, Schiff pointed out that that Bitcoin is the only asset class that is not rallying at the moment.Bitcoin is not disappointing those who claim its true value is that it’s a non-correlated asset. Every asset class in the world is rallying into the end of the year except Bitcoin. Not sure what value this actually adds, but at...
Read More »Elquirex Exchange Set to Expand With New Cryptocurrencies And Loyalty Program In 2020
[PRESS RELEASE]Elquirex brings forward an around the clock cryptocurrency exchange service. The platform is user-centric and simple to use. It doesn’t require any registrations or personal information as the process is supposedly free of all this hassle.Elquirex allows users to quickly switch up between different cryptocurrencies. There are several cryptocurrencies that users can opt to exchange, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and...
Read More »