Was the current pullback an opportunity to go long or will the relief rally reverse direction and catch many aggressive bulls off guard? The theft of 342,000 Ether (ETH) from South Korean cryptocurrency exchange Upbit could have halted the current relief rally taking place in the crypto market. However, Lee Seok-woo, the CEO of Upbit’s…
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Launched on Nov. 24, a new cryptojacking campaign uses Docker platforms that have API endpoints exposed online to mine XMR. A group of hackers has launched a new cryptojacking campaign on Nov. 24, scanning as many as 59,000 IP networks to find Docker platforms that have API endpoints exposed online, business technology publication ZDNet reports…
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British banking giant HSBC will digitize paper-based records of $20 billion in private placements with blockchain technology by March 2020. British banking giant HSBC plans to move $20 billion worth of assets to Digital Vault, a new blockchain-based custody platform by March 2020. By deploying the platform, the global investment bank aims to digitize paper-based…
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Source: iStock/hocus-focus The most popular cryptocurrency, bitcoin (BTC), for the second time this week rallied c. 10% in around 7 hours, leaving all major altcoins behind. At pixel time (18:33 UTC), bitcoin trades at c. USD 7,572 after touching almost USD 6,900 earlier today. The price is up by 6% in the past 24 hours,…
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Blockchain advisory firm Akomba Labs ran a test that shows it can cut the average block propagation time by more than 50% on the Ethereum network. Blockchain advisory and product development firm Akomba Labs conducted a test on the Ethereum network that shows it can make block propagation at least twice as fast. Coindesk reported…
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Blockchain-backed “local currencies” have been introduced to some of Kenya’s poor communities as a solution to the lack of hard cash. And, who knows, this may be an incentive for these people to eventually adopt real cryptocurrencies, such as Bitcoin (BTC). Reuters has reported on this interesting case of testing new models for crypto and…
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Disclaimer: The text below is a sponsored article. _________ Mining cryptocurrency is not cheap, it costs a lot of energy. So much that some people don’t even think it’s worth it. But if you have the means and can mine bitcoin or another cryptocurrency successfully, there are ways to cut down on energy costs and…
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The Afghan government has signed an MoU with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector. The Afghan Ministry of Public Health has signed a Memorandum of Understanding (MoU) with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector. As Afghan Voice Agency reported on Nov. 27, the…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news The Bank of Ghana, the country’s central bank, is thinking about issuing a digital currency to complement the growth in electronic payment systems, such as mobile money, Bloomberg reported,…
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The decentralized liquidity network Bancor announced its upcoming airdrop, which aims to increase the liquidity of decentralized exchanges. The decentralized liquidity network Bancor announced its upcoming airdrop, which will start on New Year’s Eve. In a Nov. 27 press release shared with Cointelegraph, the decentralized exchange platform announced the official launch of its New Year’s…
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