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Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero
21.7.2020
Telecom Argentina S.A has been hit by a ransomware attack and the cyber-criminals are demanding $7.5 million paid in the privacy coin monero. The Spanish language site, elperiodista.com quotes anonymous employees stating that the attack started last Wednesday. Initially thought to be a small...
Experts Concerned Over Twitter’s Ability to Tweet on Behalf of Users
21.7.2020
A worse scenario than the recent attack against Twitter could happen if the social media network doesn’t strengthen its internal security procedures, say experts
BitMEX-affiliated Firm Leads USD 3.4m Investment in S African Exchange
21.7.2020
The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges.
Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange...
Amir Taaki Knocks Bitcoin Coinjoin Schemes – Calls Methods ‘Absolute Garbage’
21.7.2020
On July 17, the well known Dark Wallet creator and early Bitcoin developer, Amir Taaki, criticized bitcoin privacy methods on Twitter. Taaki claimed that UTXO mixing concepts like Coinjoin were “absolute garbage.” Taaki also knocked other concepts like Mimblewimble and privacy-centric...
Russia Shelves Plans to Criminalize Bitcoin Transactions – For Now
21.7.2020
Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or State Duma – on July 21, has removed references to administrative...
Grayscale Receives FINRA Approval for BCH and LTC to Trade Publicly
21.7.2020
Financial regulators in the US approved shares of Grayscale Investments’ Bitcoin Cash and Litecoin trusts for trading on OTC Markets
Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns
21.7.2020
The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving....
South Korean Crypto Tax Plans to Be Unveiled this Wednesday
21.7.2020
The South Korean government is reportedly set to unveil further details about its plans to introduce tax for cryptoasset holders.
Per an unsourced report by SBS CNBC, Seoul will unveil a document outlining its proposals in a Tax Law Amendment bill – to be unveiled on July 22. The bill will seek...
Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet
21.7.2020
In the world of cryptocurrencies, there’s a lot of discussions and lessons when it comes to digital asset security and one of them is multisig wallets. The term multisig stands for multi-signature and the following post will teach anyone how to create a 2 of 2 multisig wallet. Years...
As US Banks Running Out of Coins Bitcoin Keeps On Chugging Along
21.7.2020
A U.S. bank is offering its customers a 5% bonus for delivering coins to one of its branches while Bitcoin has quadrillions of Satoshis to spare
$10.9 Billion Bitcoin Stash Proves Satoshi Is Still the Biggest Whale
20.7.2020
Analysts estimate Satoshi mined $10.9 billion worth of Bitcoin to keep the network safe but will these BTC ever be spent?
CME Bitcoin Options Flatline After Record Growth in June
20.7.2020
Less than 0.2% of Friday's daily options trading happened on CME, according to data from Skew
Market Wrap: Bitcoin Clings to $9,200 While Ethereum Transactions Soar
20.7.2020
Bitcoin trades flat in July, leading investors to mull other cryptocurrencies
Adam Back Denies Having a Beer With Satoshi Nakamoto
20.7.2020
An early Bitcoin adopter contends that Adam Back had a beer with Satoshi Nakamoto in London, while Back uncategorically denies it
EToro Experienced a Dip in Growth for Every Crypto but Tezos in Q2
20.7.2020
eToro users eased up on every cryptocurrency in Q2 2020 with the exception of Tezos, according to the brokerage firm’s latest report
Price Analysis 7/20: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, LINK, CRO
20.7.2020
Most major altcoins have witnessed profit booking as traders become cautious about the future of Bitcoin’s price
Google, Facebook, Twitter Face Class-Action Lawsuit for Banning Crypto Ads
20.7.2020
Cryptocurrency businesses are taking Google, Facebook, and Twitter to court in a class-action lawsuit that could cost the social media giants $300 billion. The plaintiffs say that their businesses have been hurt by Google, Facebook, and Twitter banning crypto ads on their platforms. Google...
Velas Enters the Top 100 Coinmarketcap and Launches on Bitcoin.Com Exchange
20.7.2020
The blockchain network that is self-learning and self-optimizing and claims to be able to deliver up to 30,000 transactions per second with a speed of anywhere from 1 second to 2 minutes. Velas is a blockchain ecosystem that implements an AI-powered Delegated Proof-of-Stake (AIDPOS) consensus...
Bitcoin Hashrate Might Double In a Year, Pressing Miners' Margins
20.7.2020
Source: Adobe/Татьяна Палладина
Bitcoin (BTC) hashrate, or the computational power of the Bitcoin network, could rise 120% in a year, but the price of the coin needs to follow so that the profitability for miners wouldn't drop, according to a recent research.
In their latest report, commissioned...
Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production
20.7.2020
The ongoing battle between the two co-founders at Bitmain has essentially hard forked the production at the world’s largest bitcoin miner manufacturer