Tag: bitcoin

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More Altcoin Mining to be Integrated by Mining Pools in 2020 – Report

2020 will see the mining pools start to integrate more altcoin mining with huge market potential and risks, says token data and rating agency TokenInsight. The agency’s 2019 mining industry report claims that there are only 64 mineable coins including Bitcoin (BTC) with more than USD 100,000 trading volume in 24 hours, and these (with…
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Russian Oil Industry ‘Waits’ as Medvedev Says Token Regulation Needed

Dmitry Medvedev. Source: a video screenshot, Youtube, naiumeedlivestream Russian Prime Minister Dmitry Medvedev has underlined the need for his country to introduce digital asset token regulation at a legislative level, but says Moscow must take time to find a tailor-fit solution. And there are indications that government-owned oil and gas companies may seek to introduce…
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Bitcoin Price Halts 3-Day Losing Streak With $7,680 Futures Gap Bounce

The largest cryptocurrency sees heavy downward pressure since hitting in excess of $8,400, with a CME futures gap providing reliable support. Bitcoin (BTC) continued falling on Jan. 10 as gains from late last week fizzled and markets attempted to find support levels in the $7,000-$8,000 range. Cryptocurrency market daily overview. Source: Coin360 BTC futures gap…
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North Korean Hacker Group Modifies Crypto-Stealing Malware

The allegedly North Korea-sponsored hackers known as Lazarus have deployed new viruses to steal cryptocurrency. The Lazarus hacker group, which is allegedly sponsored by the North Korean government, has deployed new viruses to steal cryptocurrency. Major cybersecurity firm Kaspersky reported on Jan. 8 that Lazarus has doubled down its efforts to infect both Mac and…
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Blockchain Social Media Startup Voice Hires Ex Forbes Exec as CEO

Decentralized social media platform Voice has hired ex-Forbes executive Salah Zalatimo as CEO, just ahead of its public beta launch. Ahead of its upcoming public beta launch, decentralized social media platform Voice announced that it hired former Forbes chief digital officer, Salah Zalatimo, as its new CEO, according to a press release, Jan. 9. Zalatimo…
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Report: Ethereum, Tron and EOS Dominated DApp Ecosystem in 2019

DappReview published its 2019 report, highlighting DeFi growth on Ethereum and EOS’ congestion struggles. DappReview published its 2019 insights on the decentralized app (DApp) space in a Jan. 8 report. Just three blockchains accounted for 98.65 percent of total transaction volume, though EOS began to struggle in Q4 2019. Decentralized app aggregator DappReview summarized the…
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Bitcoin and Altcoins Trend Turning Bearish

Bitcoin price remained in a bearish zone and failed to stay above the key USD 8,000 and USD 7,850 support levels. BTC/USD is now closing in towards USD 7,700, below which the price could test the next major support near USD 7,550 in the coming sessions. Similarly, most major altcoins turned red and declined further,…
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Interpol Collaborates With Cybersecurity Firm to Tackle Cryptojacking

Interpol helped curtail cryptojacking malware that affected thousands of routers. Interpol has collaborated with cybersecurity firm Trend Micro to reduce cryptojacking affecting MikroTik routers across South-East Asia, according to a Jan. 8 press release. Though the collaboration reduced the number of affected devices by 78 percent, this is unlikely to have made a significant impact…
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China Prepares for CBDC With Cryptography Law on Encryption Standards

On Jan. 1, China’s law governing cryptographic password management came into power. What does it mean? On Jan. 1, China’s law governing cryptographic password management came into power. Essentially, the act aims to set standards for the application of cryptography and the management of passwords, and, therefore, ultimately reduces China’s cyber vulnerabilities on a nationwide…
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Bugs Found in Compiler for Readable Ethereum Smart Contracts, Team Downplays Concerns

Critical Ethereum 2.0 smart contract not affected by the bugs, developers argue. A Jan. 8 post published by the Ethereum Foundation (EF) revealed that developers are working on a new implementation of the Vyper compiler, due to “multiple serious bugs” in the existing version. The Vyperlang team responded by noting that existing Vyper smart contracts…
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