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Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report


People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year...

Crypto Market Sentiment Hits Yearly High; Bitcoin, Ethereum Break Records


Source: iStock/da-kuk After circling the same spot for about two weeks, crypto market sentiment score (sentscore) made another jump over the course of the past seven days, stepping into the positive zone and reaching new highs this year. The combined moving 7-day average sentscore for the top...

Brace For More Bitcoin Flash Crashes In This Bull Market - Hut 8 Founder


Brace yourselves as more bitcoin (BTC) flash crashes are coming in this new bull market, a crypto investor and entrepreneur warned. “Too much leverage” on crypto derivatives exchanges combined with low liquidity levels and “inexperienced traders” crashed the market this past Sunday, according...

Coin Race: Top Winners/Losers of July; Ethereum Up the Most, Bitcoin Least


The crypto market seems to have acquired a habit of surprising us near the end of a month - albeit not always positively. July, however, ended up very much positively. July has seen a mini crypto revival, one may say. After weeks of unusual lack of movement, or better said - volatility, which...

Bitcoin and Altcoins Remain In Uptrend Despite Setbacks


This past week, there was a significant upward move in bitcoin price above the USD 11,000 and USD 11,500 resistance levels. BTC even spiked above USD 12,000 before correcting lower sharply. It is currently (08:30 UTC) trading above the USD 11,000 level and it seems like the bulls are aiming...

Hack Forces Travel Company to Pay USD 4.6m in Bitcoin Ransom


A recent hack of a major travel management firm has reportedly left attackers with USD 4.6m worth of bitcoin (BTC), after the company on July 28 was forced to pay to restore access to internal files, Reuters reported, citing a record of the ransom negotiations. The attack targeted up to 30,0000...

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