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Volatility Data Suggests Bitcoin Price Drop to $10K Before Rally Resumes
3.8.2020
Volatility metrics suggest Bitcoin price may revisit $10,000 before restarting the rally to a new 2020 high
Travel Management Firm CWT Pays Out $4.5M in Bitcoin After Ransomware Attack
3.8.2020
The U.S. firm paid out a ransom of 414 bitcoin after its corporate files were locked up in a ransomware attack
Bitcoin Investors Unshaken By Sunday’s Flash Crash, Data Suggests
3.8.2020
Bitcoin investors look to have shrugged off Sunday’s sudden $1,400 price crash
Teenager, 'Polite' Lad, and 'Very Good Person' - Meet Alleged Twitter Hackers
3.8.2020
From an accused scammer to a "polite" lad, the alleged involvement of some of the young people accused of the major Twitter hack came as a surprise - but not the others.
Three teenagers were accused by the US Department of Justice on Friday in relation to the Twitter hack on July...
Coin Race: Top Winners/Losers of July; Ethereum Up the Most, Bitcoin Least
3.8.2020
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...
Best Weekly Close Since $20K? 5 BTC Price Factors to Watch This Week
3.8.2020
Looming Bitcoin futures gaps and mainstream interest are providing the perfect environment for another week of volatility
Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K
3.8.2020
Twitter hack alleged ringleader Graham Clark, the subject of a previous criminal investigation, had bail set at $725,000 at his first court appearance Saturday
Bitcoin and Altcoins Remain In Uptrend Despite Setbacks
3.8.2020
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
3.8.2020
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...
Goldman Sachs: Gold Will Hit $2,300 by 2022. What About Bitcoin?
3.8.2020
A depreciating US dollar as a reserve currency coupled with investors looking for attractive alternatives could see both BTC and gold rise
Garmin Coming Back Online After Hack — Was $10M Crypto Ransom Paid?
3.8.2020
Cybergang Evil Corp hackers reportedly demanded $10M to restore full access to Garmin’s customer support services and navigation solutions
Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors
3.8.2020
Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to...
Travel Management Company CWT Pays $4.5M Bitcoin to Hackers
3.8.2020
Ransomware hackers initially demanded $10 million to restore access to travel firm CWT’s computers and delete any stolen data
Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem
3.8.2020
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and property ownership. A ledger is often...
A General Strategy on How to Select a Crypto Fund, Part 1
3.8.2020
A basic framework of useful metrics to assess the true risk of a crypto fund as a quantitative screening tool
Bitcoin Drama, Ether Rally, Teen Held Over Twitter Hack: Hodler’s Digest, July 27–Aug. 2
2.8.2020
There’s been plenty of drama on the crypto markets this week — Bitcoin surged to $12,000 only to crash spectacularly, and Ether has continued to rally
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
2.8.2020
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity...
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, VET, LTC
2.8.2020
Bitcoin price corrected sharply after reaching $12,000 but the strong bounce from BTC and altcoins shows bulls are intent on pushing prices higher
Stablecoins, Ceilings and Digital Currencies: Bad Crypto News of the Week
2.8.2020
Check out this week’s Bad Crypto podcast
India Proposes Amnesty for Citizens Holding Unreported Gold
2.8.2020
The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies. The proposition has been made to Prime Minister Narendra Modi. New Gold Amnesty...