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Johannesburg Shuts Down Computers City-Wide After Bitcoin Ransomware Attack

Hackers have breached the computer network of South Africa’s commercial capital Johannesburg in an attempt to ransom the city for Bitcoin. Consequently, the city has shut down its website and suspended all e-services as a ‘precautionary measure’. At the time of writing the city’s website was still inaccessible. The city of Johannesburg’s official web portal is down. | Source: Joburg.orgPer The Times, the group behind the cyber-attack is an outfit known as Shadow Kill Hackers. The...

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Bitcoin Cash Analysis: BCH Recovery Likely To Face Hurdles

Bitcoin cash price declined heavily and traded below the $220 and $211 supports against the US Dollar.The price is currently correcting higher and it is trading above the $211 level.There is a major bearish trend line forming with resistance near $218 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break the $218 and $220 resistance levels to continue higher in the near term.Bitcoin cash price is facing a strong resistance near $220 against the US Dollar. If...

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#736 Venezuelas BTC Baby, Bakkt Bitcoin Optionen & Crypto Capital Drogen und Geldwäsche

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 736. Heute geht’s um folgende Themen: Von Bitcoin leben: Venezuelas BTC-Baby, Bakkt kündigt Bitcoin-Optionen ab Dezember an & Crypto Capital Drogen und Geldwäsche. 1.) Von Bitcoin leben: Venezuelas BTC-Babyhttps://www.btc-echo.de/von-bitcoin-leben-venezuelas-btc-baby/ 2.) Bakkt kündigt Bitcoin-Optionen ab Dezember anhttps://blockchain-hero.com/eilmeldung-bakkt-kuendigt-bitcoin-optionen-ab-dezember-an/...

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Bitcoin Price Risks Dangerous Death Cross Following Latest Correction

The cryptocurrency market entered a modest recovery on Thursday, though bitcoin lagged its altcoin peers following a major technical breakdown earlier in the week. At just over 65%, the bitcoin dominance rate has fallen to its lowest level since July. Crypto Market Update Crypto markets bottomed near $203 billion on Wednesday following a more than $20 billion dump during the prior session. It was the first time since May that markets threatened to fall below $200 billion in...

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CGC Kyiv 2019 – The Largest Convention Dedicated to Blockchain, VR, AR and AI in Gaming

On October 10th and 11th, for the fourth time in a row, CGC has brought together the brightest minds of the game industry for an international gaming innovation conference. Dozens of rockstar speakers have discussed synergies of blockchain, VR, AR, AI technologies with gaming. Startups and renowned developers have demonstrated their ambitious projects to investors, potential clients and partners, and to everyone else.The ConferenceTwo tracks were filled up with mind-blowing sessions,...

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Gold-Based Company Submits Application for Bitcoin ETF

It looks like the love and hype surrounding a bitcoin exchange-traded fund (ETF) hasn’t dissipated completely. A gold fund company has gone crypto and is now developing a new bitcoin ETF that’s currency being reviewed by the Securities and Exchange Commission (SEC).Is Another Bitcoin ETF Heading Our Way?The company bringing the ETF proposal this time around is Kryptoin, a gold-based enterprise situated in Delaware. At the head of the operation is the Jason Toussaint, the former managing...

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Analysts Warn That Bitcoin Could Drop Even Further

Well, it looks like bitcoin’s fall to $7,400 yesterday was no fluke. It was reported that the currency was potentially moving back up the financial ladder after its initial drop, though now it seems like it has fallen back into the $7,400 range, and many are wondering if bitcoin has what it takes to gain further momentum.Bitcoin Is in Hot Water All Over AgainThe last month has been extremely difficult for the world’s largest cryptocurrency by market cap. Things initially got ugly in late...

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Zuckerberg: Libra Won’t Continue Without Approval

Well, here’s something we thought we’d never hear from Mark Zuckerberg. He’s willing to comply to the fullest extent, it seems.Is Zuckerberg Ready to Throw in the Towel?Yesterday, the Facebook CEO had the heat laid on his shoulders by members of the U.S. Congress. It appears that many are simply not happy with how Libra has handled itself, and don’t trust Zuckerberg or his team to adhere to the “appropriate” financial goals. This includes blocking attempts at money laundering and other...

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Venezuela’s Bitcoin Birth Proves Crypto Beats Gold in Hyperinflated Economy

A Venezuelan man has used the bulk of his bitcoin savings to pay the medical costs of his son’s birth. Many consider adequate healthcare a universal human right but only few in the inflation-ridden country can actually afford it. José Rafael Peña, a materials engineer from Caracas, outlined the payment process which took a day to clear and gave his son the best possible start at a new life. It also bolstered the case of bitcoin as a superior medium of exchange than gold: “But...

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Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund

After Wednesday’s crypto crash that left bitcoin trading at the $7,500 level, many investors never thought they’d see this kind of buying opportunity again. Now market leaders are predicting that the BTC price could have further to fall before regaining its upward momentum alongside improving fundamentals, which if they’re right could play out before the end of the year. Still the bitcoin price downturn has taken a toll on sentiment in the crypto market. As a veteran trader, bitcoin...

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