According to a report by respected accountancy firm PricewaterhouseCoopers (PwC), the individuals behind the SamSam ransomware attack are connected to the controversial cryptocurrency exchange WEX (formerly BTC-e). The Iranian hacker group is believed to have used the platform to launder up to $6 million. Two of the men identified by the US Department of Justice…
Following an extended period of sideways trading, the cryptocurrency markets dropped today as Bitcoin failed to hold above its recently established support level at $3,800. BTC’s drop below this level has led many cryptocurrencies to plunge 5% or more, signaling that greater volatility is likely to come as the week continues on. Despite the current…
Over the course of 2018, Bitcoin (BTC) broke a number of key technical levels. In some cases, the cryptocurrency fell so fast (and hard) that its moving averages didn’t catch up to it for months. And while nearly every notable support line, like the $10,000 and $6,000, have been snapped, an analyst argues that BTC…
Bitcoin.com is likely under a government-sponsored cyber attack, according to owner and crypto investor Roger Ver. The 40-year old Tokyo-based entrepreneur stated Monday that he received a Google Suite alert about a potential intrusion. He posted a screenshot, indicating that anonymous government-backed hackers were attempting to compromise one of the Bitcoin.com’s email accounts. Here’s the copy…
It isn’t a secret that Bitcoin has yet to see adoption. Few online merchants accept the cryptocurrency. And the same could be said for retailers and food establishments. But, over the past 24 months, the underlying industry tides have begun to shift in Bitcoin’s favor, as forward-thinking developers have started to flow into this space…
An advocate practicing in the Supreme Court of India wants the government and regulators to treat bitcoin like a shiny new toy. Abraham C Mathews said in an opinion column published Monday that the Reserve Bank of India (RBI) had no structure in place to enforce crypto regulations – even if it wanted to. The lawyer…
Crypto markets have just started to slide; Ethereum, Bitcoin Cash, EOS and IOTA getting hurt, Ravencoin flying high. It looks like a Monday morning crypto market dump has just been ignited. All major cryptocurrencies are breaking down at the moment and heading deeper into the red. Following a week of consolidation and failure to break…
Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear. Bitcoin Could Fall Again To New Lows Financial…
Following last week’s increased levels of volatility, Bitcoin (BTC) is now nearing the end of a relatively involatile weekend, and it has further established that it is currently caught in a tight trading range between $3,800 and $3,900. Although the persisting bear market has led the sentiment of crypto investors to near rock bottom, one…
After a rousing introduction to NEO DevCon 2019 by platform co-founder Da Hongfei on the evolution towards a smart economy, Erik Zhang joined the 500-or-so-strong audience via video link to talk about how NEO aims to build out its vision of the future. His presentation focused on proposed techniques to improve the overall efficiency of…