Business

Bitcoin Price Turns Bullish as Traders Fight to Flip $6,400 to Support

[ad_1] Bitcoin (BTC) price perked up today, rallying from $5,688 to a daily high at $6,600. The digital asset defied the worst fears of analysts by holding above the $5,400 support and currently Bitcoin continues to show growing strength in the face of wilting equities markets. Interestingly, gold and silver prices also rallied 4.42% and 5.94% as the S&P500 and Dow closed the day with moderate losses. This could indicate that
Business

In COVID-19 Stimulus, US Congress Eyes Digital Dollar to Send Aid to the Unbanked

[ad_1] Amid contentious debate over the massive stimulus package in response to the coronavirus pandemic, Democrats in the United States House of Representatives look to implement the digital dollar to streamline payments to U.S. citizens outside of the traditional financial system.A digital dollar for direct payments to families A draft of the legislation circulating as of March 23 proposes the creation of digital wallets for U.S. citizens to be maintained by
Business

Alongside Market Relief Package, US CFTC Warns of COVID-19-Linked Crypto Scams

[ad_1] United States derivatives markets regulator, the Commodity Futures Trading Commission (CFTC), has joined the list of global authorities warning the public against cryptocurrency scammers trying to capitalize on the widespread coronavirus fears.In a statement issued on March 19, the CFTC highlighted that fraudsters commonly use major news events like the spread of COVID-19 in order to add credibility to their scam schemes or manipulate emotions.CFTC sees increased complaints involving
BLOCKCHAIN

Celo’s Blockchain Accelerator Invites Devs to Compete for $25K

[ad_1] Open-source project Celo is calling on blockchain innovators to participate in CeloCamp, an entrepreneurial initiative that seeks to highlight the potential of global financial inclusion, mass adoption of digital money and the acceleration of blockchain startups.With its new phase announced on March 20, the initiative is reportedly backed by more than 80 companies, venture firms, experts and individuals. CeloCamp aims to help decentralized technology entrepreneurs, speeding up their projects
Business

Over 172 Million Weibo Users Personal Data Is For Sale on Dark Web

[ad_1] Chinese social media giant saw a massive data breach result in data of millions of users available for sale on the dark web. According to a March 19 report from Chinese blockchain news outlet Jinse, basic account information of 172 million users was available, priced at 0.177 BTC.  The account information for sale included user ID, number of Weibo posts, number of fans and followers, gender and geographical location. Weibo confirmed
BLOCKCHAIN

Online Petition Asking for Ross Ulbricht’s Release Gathers 275K Signatures

[ad_1] A petition calling on the White House to release Ross Ulbricht, the creator of the dark web marketplace Silk Road, has gathered more than 275,000 signatures.FreeRoss.org — an initiative created by a group of Ulbricht’s family, friends and supporters — has said that the momentum continues to grow and that they feel that a solution “could come soon.” Through an update on the online petitions website released on March 19,
EXCHANGES

Bitcoin Price Prediction and Analysis in April 2020 | Is BTC Affected by Coronavirus?

[ad_1] We will be inspecting the price history and market opinions for BTC to come up with a Bitcoin price prediction for April 2020. Bitcoin Overview Bitcoin is the first crypto in the world according to a market cap of $113,483,920,521 and a trading price of $6,206.98. There are currently 18,283,287 BTC in circulation out of a total of 21.000.000 BTC. $46,787,802,890 worth of Bitcoins has been traded in the
Business

Hackers Steal and Publish Medical Data of Firm Researching Coronavirus Using Ransomware

[ad_1] Black hat hacker group Maze has infected the infrastructure of a firm researching the coronavirus with ransomware, managing to steal and publish sensitive data.The hack of medical informationCybersecurity firm Emsisoft told Cointelegraph on March 23 that Maze group’s hackers compromised United Kingdom medical firm Hammersmith Medicines Research. The published data includes sensitive data on medical test volunteers such as id documents like passports, medical background and details of the
EXCHANGES

1 in 9 Indonesians Now Own Cryptocurrency, Report

[ad_1] About 11% of all Indonesians own some form of cryptocurrency, according to a recent report by Hootsuite, which cited GlobalWebIndex. 11% of Indonesians Own Cryptocurrency as Fiat Currency Devalues With over 270 million people, Indonesia is the fourth most populous country in the world, and the fact that 1 out of 9 citizens own cryptocurrency demonstrates a rapidly expanding adoption level. Indonesia is the sixth country by crypto adoption,
ALTCOIN

Matic Lets Us Scale More than Loom Network: Ethereum-Based VR Platform

[ad_1] Ethereum-based virtual-reality (VR) platform Somnium Space has moved from scalability solution Loon Network to Matic to enhance scaling.On March 23, Somnium Space said that it hopes the transition will allow it to achieve scalability and provide a superior user experience. The firm explained:“By implementing Matic’s high-performance Plasma-based sidechains, Somnium aims to solve any future issues around scalability and user experience such as high-throughput, fast confirmation times, and negligible transaction