Business

Bitcoin Price Drops on the Day as Altcoins Send Mixed Messages

[ad_1] Saturday, Aug. 10 — the top 20 cryptocurrencies are reporting largely reddish movement on the day, as Bitcoin (BTC) price saw a sudden dip earlier today.Market visualization courtesy of Coin360Bitcoin’s price is currently down 4.62% on the day, trading at around $11,370 at press time, according to Coin360 after slipping from around $11,800 to $11,400 in a matter of minutes between 7:30 AM and 7:45 AM Coordinated Universal Time.
BLOCKCHAIN

Bitcoin Believer Turned Facebook’s Libra Boss

[ad_1] David Marcus, the man spearheading Facebook’s blockchain effort, has gotten a tremendous amount of spotlight lately. The rapid emergence of Libra has dominated the coverage of other crypto-related developments, as it became apparent that the social media giant’s inroad into the realm of digital assets will have most serious consequences for both the blockchain sector and the global financial system in general.While previously the crypto industry has hardly ever
BLOCKCHAIN

US DOE Dedicates $1.05 Mil to Blockchain Energy Management Platform

[ad_1] The United States Department of Energy (DOE) has awarded a grant worth $1.05 million to organizations working to commercialize a blockchain-based energy transaction platform.From energy management to energy exchangeThe news comes from an August 9 press release shared by energy company ComEd, one of the grant’s four reported recipient organizations. The others are the University of Denver, Virginia Tech and BEM Controls, a company specializing in energy management software. The
EXCHANGES

Ethereum Price Analysis: Bears Eye Pullback To $190 Support

[ad_1] Ethereum price recently broke out of a period of consolidation as mentioned in my previous analysis on ETH, completing an asymmetrical triangle in favors of the bulls but has since begun a pullback breaking the short-term support. Bears now eye $190 support around the visible range low. Ethereum Price 1-Hour Analysis On the 1 hour chart for ETH/USD, we can see how price action progressed after the breakout. Price
EXCHANGES

U.S State of New Jersey Signs New Blockchain Task Force into Law

[ad_1] According to a recent report, a new bill has been passed into law by New Jersey’s — Governor Phil Murphy. Governor Murphy said: “Growing New Jersey’s innovation economy will take more than just a new and smart government policy. It will also require new and smart infrastructure that enables businesses and governments to work with greater speed and efficiency, as well as a collaborative way of thinking that includes
Business

XMR Cryptojacking Malware Smominru Updated, Now Targeting User Data

[ad_1] Malware Smominru mines Monero (XMR) on at least half a million infected computers and now also steals sensitive personal data.An updated malwareCybersecurity company Carbon Black claimed that its Threat Analysis Unit “uncovered a secondary component in a well-known cryptomining campaign” in a report published on Aug. 7. According to the firm, the malware has now been updated to “also steal system access information for possible sale on the dark
EXCHANGES

BCH News Roundup: Transactions Spike, Cashaddr Support and Developer Congress

[ad_1] The last seven days have been busy within the Bitcoin Cash ecosystem with a slew of announcements and developments. Kraken exchange recently added the BCH-based Cashaddr address format and Coinbase open-sourced a utility that makes it easy to convert between Base58 and Cashaddr addresses. Additionally, the New Hampshire-based Anypay payment processor is bolstering merchant adoption by offering 10% bitcoin cashback for purchases through their point of sale services. Also
Business

Crypto Exchange Binance Points out a Dusting Attack Against Litecoin

[ad_1] Cryptocurrency exchange Binance claims that a dusting attack against fourth-biggest altcoin, Litecoin (LTC).A large scale attack against privacyThe official Twitter exchange of cryptocurrency exchange Binance claimed that a major attack against users of altcoin Litecoin took place yesterday. The firm made this claim in a tweet on August 9:“Approximately 5 hours ago there was a large-scale dusting attack on $LTC @Litecoin users.”The tweet also links to a transaction —
EXCHANGES

EOS Price Prediction 2019: How High Can EOS Go This Year?

[ad_1] In today’s article, we will be looking at some forecasts and analyses in order to conjure up an EOS price prediction for 2019. What is EOS? EOS is a cryptocurrency which was created in 2017 by Daniel Larimer, who also created Bitshares and Steem. The EOS coin launched its ICO on 26th of June, 2017, raising 4 billion dollars from its year-long token sale. According to its whitepaper, EOS
REVIEWS

Binance KYC Breach — Did It Happen, and If So, Who’s to Blame?

[ad_1] On Aug. 7, Binance, the world’s largest cryptocurrency exchange (by daily trade volume), fell victim to a hacking scandal that saw the miscreant allegedly gain possession of a huge chunk of the firm’s Know Your Customer (KYC) data (10,000+ personal photos). The hacker is reportedly demanding a total of 300 Bitcoins (worth around $3.5 million) from the exchange, or else he or she will release all of the data.Also,