Several Notches Above Ransomware An extortion scheme which sought to terrorize people into paying over BTC made global headlines over the course of the week. The threats happened worldwide, at a minimum being reported in the US, New Zealand, and Australia. The bomb threats demanded $ 20,000 in BTC in exchange for the terrorists to “give
Around this time last year, many retail crypto investors subscribed to the economic theory that cryptocurrency hard forks — the ones that result in irreversible network splits and create new blockchains — were a net positive for their portfolios. “How could they not be?” they asked. “It’s free money!” Indeed, at that point, the two
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Ethereum (ETH) development studio ConsenSys has reportedly let go of 13% of its 1,200-person staff as the cryptocurrency bear market enters its twelfth month. According to a recent report by CoinDesk, ConsenSys is refocusing its priorities to improve its business operations, which currently includes over 50 ‘spoke’ startups under incubation. “Excited as we are about ConsenSys […]
The bitcoin price on Monday continued its crash course despite showing gains during the early Asian trading session. The digital currency attempted a go at its yearly low at ~$ 3,455 after reversing from its intraday peak at $ 4,115. That overall marked a circa 14 percent crash, setting standards for a further bearish action. The BTC/USD … Continued
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Over the past 24 hours, the crypto market has lost about $ 4 billion of its valuation against the US dollar. Major cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Ripple (XRP) extended their losses by 2 to 8 percent. The price of BCH dropped from $ 236 to $ 215, by nearly nine percent. In
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Last week, before the Bitcoin Cash (BCH) hard fork, San Francisco-based Coinbase announced it would likely support both of the emerging chains after November 15. However, while many other major crypto exchanges, including Binance and Kraken, have pushed forward with the new chains, Coinbase has investor funds still locked as it awaits “stability” in the network. While this […]
Over the last 24 hours, the valuation of the crypto market has fallen from $ 185 billion to $ 181 billion, by around $ 4 billion. On November 15, amidst one of the worst single-day corrections in all of 2018, the crypto market saw a wipeout of more than $ 27 billion. The market extended losses throughout the past
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The price of Decentraland (MANA), the first virtual reality platform owned by its users, is currently up around 7% on the day as the project continues to gain momentum. Over the last month, MANA’s price has increased substantially, jumping more than 38% to $ 0.0964, giving the project a $ 100.9 million market cap. Decentraland recently hit a new record […]
The one-stop place for all eSports – eSports.com is further developing their platform and in-house gamification process. Current state of the platform allows users to gain experience points (XP) in exchange for activities on the eSports.com. Such activities are uploading articles, community generated content, participation in community forum and much more.
– Getting merchandise from the eSports.com shop
Ahead of its scheduled fork on November 15, the price of Bitcoin Cash (BCH) has increased by yet another 15 percent to $ 535. Yesterday, on November 3, CCN reported that the price of BCH surged by 12 percent from $ 425 to $ 477 ahead of its hard fork. The support of the original Bitcoin Cash roadmap
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Nearly all cryptocurrencies remain in the red for the time being. That is an unfortunate development, although the momentum will turn around eventually. One currency struggling quite a bit is TRON, as the altcoin is not finding any stable ground lately. The most recent push to surpass $ 0.023 was pushed down in violent fashion, and a new attempt might not materialize soon.
Over the past 24 hours, the cryptocurrency market has demonstrated the same trend it has shown throughout the past 12 days, with Bitcoin at $ 6,400. The volume of Bitcoin has increased by nearly 20 percent from $ 3.1 billion to $ 3.5 billion, hinting a rise in trading activity in the cryptocurrency exchange market across major digital
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Peer-to-peer trading is taking center stage in the world of cryptocurrency. For Ethereum enthusiasts, a platform by the name of LocalEtheruem is worth keeping an eye on as of right now. The team is introducing a lot of new changes in quick succession, most of which are designed to make the platform a lot more secure to use.
#3 Keeping Encryption in Place
When using third-party cryptocurrency services, there is a growing demand from users who want to keep as much information secure as possible. Encryption plays a big role in this regard. The LocalEthereum team acknowledges this demand and ensures their encryption will remain in place for an extended period of time.
Alex Winter’s new film, “Trust Machine: The Story of Blockchain,” is set for release in late October. The technology documentary is yet another movie chronicling the rise and influence of cryptocurrency and blockchain.
Alex Winter became well-known in the world of film after starring in two of the cult-classic “Bill & Ted” movies. In recent years, the British-American film director and actor has crafted a number of technological themed documentaries, including one about the infamous Napster file-sharing service.
In 2015, Bitcoinist covered the discussion surrounding Winter’s film “Deep Web.” The movie discussed about the case surrounding the Silk Road marketplace, opening up questions about digital criminality and the law.
No one will deny Tether’s USDT stablecoin is a bit controversial. That image has only been reinforced today, as the currency proves to be anything but stable in value. A current market dip pushes the below per USDT below the $ 0.96 mark. A very odd situation for a currency allegedly pegged to the value of 1 US Dollar.
Chart for LTC/USD (1W)
Gemini just announced Litecoin (LTC) support. A new exchange backed by TD Ameritrade has already made clear its intention to list Litecoin (LTC). Coinbase already has it and so does Circle. During a recent survey conducted by Fundstrat, a vast majority of institutions showed enormous interest in Litecoin (LTC). A lot of people believe that Bitcoin (BTC) is already working fast to resolve its issues of transaction cost and speed. These are the two main reasons why Litecoin (LTC) gained popularity in the presence of Bitcoin (BTC). If Bitcoin (BTC) transactions were fast and cheap, there would be no Litecoin (LTC). It is true that Bitcoin (BTC) is rapidly moving towards such solutions. Recently, Blockstream announced Liquid, a Bitcoin (BTC) solution that would help exchanges and financial institutions with liquidity.
Cryptocurrency Initial Coin Offerings (ICOs) failed to surpass the $ 300 million fundraising mark for September 2018. ICO fundraising is now at its lowest point since mid-2017 as the crowdfunding scene continues to mirror the decline of the broader virtual currency market.
Cryptocurrency ICO Fundraising Falls Below $ 300 Million in September 2018
According to Bloomberg, cryptocurrency and blockchain-based startups failed to raise up to $ 300 million from ICO crowdsales. Data from Autonomous Research shows that the total fundraising from ICO projects in September stood at $ 279 million.
Excitement is not hard to come by in the cryptocurrency world these days. Especially altcoin traders are quite happy with the way things are going lately. Those who keep Holo in their portfolio have nothing to complain about either, as the momentum seems to favor this altcoin right now. The latest gains pave the way to potentially reaching a new all-time high this year.
The price of MakerDAO (MKR), the creator of stablecoin Dai (DAI), is up around 15% over the last 24 hours to $ 616.90 after a strong breakout Thursday and Friday. MakerDAO is the decentralized governing organization behind DAI, a stablecoin whose value is pegged to $ 1 using a dynamic system of collateralized debt positions, meaning the coin is fully […]
Bitcoin on Friday surged a minor 0.21 percent against the US Dollar, intensifying the bias conflict it has been in since yesterday. The BTC/USD opened the day while valued at 6590-fiat and is currently fluctuating around 6593-fiat. Between then and now, the pair, however, witnessed a robust intrarange action, in which the value retested 6500-fiat as its
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