Tag: bitcoin

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EthCC Paris Attendees Urged to Get Tested After Seventh COVID-19 Case

The number of confirmed COVID-19 cases among attendees of the Ethereum Community Conference in Paris earlier this month has jumped to seven. The number of attendees of the Ethereum Community Conference (EthCC) conference in Paris to contract coronavirus has now increased to seven — highlighting the urgent need for attendees to get tested for COVID-19.…
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‘CovidLock’ Exploits Coronavirus Fears With Bitcoin Ransomware

Ransomware hidden in a Coronavirus tracking app has been identified by cybersecurity threat researchers. Opportunistic hackers are increasingly seeking to dupe victims using websites or applications purporting to provide information or services pertaining to coronavirus. Cybersecurity threat researchers, DomainTools, have identified that the website coronavirusapp.site facilitates the installation of a new ransomware called “CovidLock.” The…
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DeFi Skepticism, Decentralization, Tax Define London Blockchain Week

Jewel in the crown of London Blockchain Week scrapes together good attendance despite COVID-19. The final stage of London Blockchain Week looked as if it would be the latest victim to the coronavirus crisis. Many of the events that had initially been set to take place physically were held online. Others were canceled outright. But…
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Crypto Traders Explain What Caused the Bitcoin Price Plunge to $3,000s

Bitcoin’s price had its worst drop in seven years, after $1 billion in longs were liquidated. Top traders discuss the causes. The Bitcoin (BTC) price dropped to $3,600 overnight, marking Bitcoin’s biggest daily drop in the last seven years. Over $1 billion worth of longs was liquidated on March 12, causing one of the most…
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Ripple Court Ruling May Expand Legal Action Potential Against Crypto

A class action suit against Ripple Labs may set precedent for cryptocurrencies that aren’t securities to face putative claims. A California court has argued that cryptocurrencies that are not securities may be subject to federal laws targeting unfair, deceptive, or abusive acts or practices (UDAAP) during a Feb. 26 hearing for a consolidated class action…
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Bitcoin & Gold ‘Are Doing the Same Thing’ in Coronavirus Crisis: Pomp

Anthony Pompliano has argued that Bitcoin and gold will recover once the immediate liquidity crisis gripping the global markets has subsided. On March 14, Tyler Winklevoss, the co-founder and CEO of Gemini and prominent early Bitcoin investor, took to Twitter to defend Bitcoin despite the recent market crash. In the tweet, Tyler emphasizes that Bitcoin…
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Crash! Boom! Bang! and 20 Crypto Jokes

What an eventful, volatile week this has been. After Bitcoin mining difficulty and hashrate hit new highs, Bitcoin dropped suddenly to January lows, with altcoins suffering major losses, and then it crashed to USD 5,000 levels, and crypto exchanges had to make emergency moves to deal with disrupted transactions. Meanwhile, analysts said coronavirus fears impacted…
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Bitcoin Price Bounces Above $5K as Analyst Forecasts a ‘Squeeze Up’

A brief spell at $4,940 was short-lived as traders rallied to keep $5,000 preserved in Saturday trading, following modest gains on traditional markets. Bitcoin (BTC) held onto $5,000 support on March 14 as markets broadly steadied after many saw their worst week in over 30 years. Cryptocurrency market daily overview. Source: Coin360 BTC price crash…
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Bitcoin Price Correlates With Traditional Assets, but Not Entirely

As Bitcoin plunges close to its lowest levels since 2018, many are convinced that BTC is heavily interlinked with traditional markets. Since coming to power back in 2016, President Trump seemed to have reinvigorated the United States stock market after it showed signs of slowing down throughout the first half of the previous decade. Just…
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Two Italian High Schools to Issue Digital Diplomas With Blockchain

Two high schools in Italy will start using blockchain technology to issue diplomas. Two Italian high schools will begin issuing unchangeable and easily shareable digital diplomas with the Ethereum’s blockchain public technology. The measure, as reported by Cointelegraph Italia on March 12, seeks to make the entire process of issuance and traceability transparent, but above…
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