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Researchers Say Coinbase, BitGo, and Binance Can Find Attackers Behind Twitter Scam.
Coinbase, BitGo, and Binance might know the attackers behind the Twitter scam that perpetuated a bitcoin “giveaway” this week, as per one on-chain analytics firm. Tracking Bitcoin Trails Crystal Blockchain, a BitFury division that provides money laundering and on-chain compliance tools through its products, tracked bitcoin trails associated with the hacker’s addresses. origin »
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Thailand: Central Bank Deploys CBDC to Large Corporations.
Thailand’s central bank is continuing developments on the central bank digital currency (CBDC) project as the apex bank will test its CBDC for transactions among large businesses. Thailand’s CBDC Reaches Third-Stage Development According to a report by the Nation Thailand on Thursday (July 16, 2020), the Bank of Thailand (BOT) CBDC project is already atRead MoreRead More. origin »
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Peter Schiff’s Bitcoin Hack Comment Invites Ridicule.
Euro Pacific Capital CEO, Peter Schiff’s comment suggesting Bitcoin might be the next target following a hack of multiple VIP Twitter accounts has been ridiculed by bitcoiners. Seemingly relishing the prospect of a bitcoin hack, Schiff a gold bug and a well-known bitcoin critic, signs off his Twitter post by urging his followers to stick […] The post Peter Schiff’s Bitcoin Hack Comment Invites Ridicule appeared first on Bitcoin News. origin »
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Why Is XRP Crashing? Data Shows Ripple Is Flooding the Market.
Ripple, and its XRP token, is one of the oldest projects in the cryptocurrency space, forming in 2012. Ripple’s value proposition was appealing to banks and settlement systems—offering to increase... origin »
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Prominent Investment Strategist Gives 3 Reasons to Buy Bitcoin.
Despite Bitcoin’s strong bounce from the March lows of $3,700, some remain decisively bearish on the leading cryptocurrency. Take Peter Schiff, for instance. The prominent gold bull and cryptocurrency skeptic recently wrote that he thinks the asset will soon break below $9,000, arguing that Bitcoin remains in the midst of a brutal bear market. origin »
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This Technical Structure Signals Bitcoin is Coiling Up for a Major Downside Break.
Bitcoin does not appear to be in a good position at the present moment Bears are currently attempting to push it below its long-held support at $9,000 This comes just a week after the crypto posted two consecutive rejections at $9,400 Its inability to push higher coupled with mounting selling pressure suggests downside could be imminent Analysts concur with this notion, with one pointing to a technical structure as a reason why he is anticipating […] origin »
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The Twitter Hack Fiasco: Compromised Internal Tool, Paid Insiders, Direct Message Fears.
On Wednesday, a large number of Twitter accounts were compromised and the hackers used the accounts to tweet about a bitcoin doubling scam. According to multiple reports, a Twitter employee was paid to give the hackers an internal tool that let them leverage high-profile social media accounts. origin »
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Twitter, not Bitcoin: Hack questions crypto's credentials again.
On 16 July, many all across the world saw in horror as one of the most sophisticated hacks in recent memory unfolded before their eyes. This episode saw Twitter accounts of many prominent personalitieThe post Twitter, not Bitcoin: Hack questions crypto's credentials again appeared first on AMBCrypto. origin »
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Here’s Why Ethereum Breaking Below $225 Could End “Altseason”.
Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history […] origin »
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Twitter Hack 2020 Was Probably Done by a Bitcoiner – But Not a Savvy One.
A massive cyberattack against Twitter raised many questions about who people trust and what it means for the future of bitcoin. origin »
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Is Bitcoin At Risk Of Being Banned Following The Huge Twitter Hack?.
The massive Twitter hack that happened just a few hours ago could either be good or bad for Bitcoin and for cryptocurrency as a whole. Depending on who you ask, those who don’t want to understand it will most likely be in support of Bitcoin being banned. origin »
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Bitcoin Just Broke a Crucial Level, Opening the Gates for a Move to $7,000.
Bitcoin and the aggregated cryptocurrency market are currently flashing some signs of weakness This comes close on the heels of yesterday’s widespread Twitter breach that caused many major accounts to shill a scam in which they requested Bitcoin from their followers Although this certainly isn’t bad for Bitcoin from a technical or fundamental perspective, it may degrade the public’s trust in the digital asset Some analysts are now noting that the latest decline has caused […] origin »
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Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”.
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. origin »
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Zap Announces $3.5 Million Seed Round.
After rolling out its Strike app to public beta and partnering with Visa on a debit card, Lightning wallet provider Zap has announced a $3.5 million seed round. The post Zap Announces $3.5 Million Seed Round appeared first on Bitcoin Magazine. origin »
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IRS Enlists Coinbase in Latest Crypto Tracing Deal.
The tax collector has agreed to pay Coinbase up to $237,000 over the next two years for its "Analytics" tracing software. origin »
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US Law Enforcement Is Watching for Bitcoin Drug Purchases on Darknet.
The NCIS has seen an uptick in darknet purchases using Bitcoin. Blockchain analytic firms discuss procedures to combat crypto-related crimes, along with emerging challenges. origin »
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Thailand Already Using Central Bank’s Digital Currency.
Thailand's digital currency is backed by the central bank’s foreign currency reserves, which have grown by $25 billion over the past 12 months. origin »
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Bitcoin Investors Unfazed By Great Twitter Hack, as Volatility Remains Stable.
Bitcoin traders seem unfazed by the massive Twitter hack on Wednesday, as the price of the top cryptocurrency has largely remained steady. Prominent U. S. figures including billionaires Bill Gates, Elon Musk, and Jeff Bezos were targeted by hackers in an apparent Twitter bitcoin (BTC) scam. origin »
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A Banking Trojan That Steals Crypto Is Targeting Latin American Users.
The “Mekotio” trojan went from conventional banking malware one fine-tuned to steal crypto.
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Visa Partner Non-Custodial Lightning Network Wallet Zap Secures $3.5 Million Funding.
The non-custodial Lightning Network wallet Zap has closed a $3. 5 million seed round led by Green Oaks Capital, which previously backed Robinhood and Stripe. Morgan Creek co-founder Mark Yusko and Anthony Pompliano also joined the round. origin »
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What Does the Twitter Hack Mean for Bitcoin? Crypto Reacts.
Is the Twitter hack a watershed moment to decentralized social media? Does it reinforce negative stereotypes of Bitcoin only being used in crime? CoinDesk asked crypto luminaries to see what they think. origin »
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Leading U.S. Coffee Manufacturer Employs IBM Blockchain for Coffee Traceability .
J. M. Smucker SJM (NYSE), a leading coffee manufacturer in the U. S. has adopted IBM’s Food Trust blockchain solution for the tracking of its 1850 Colombian Coffee brand right from the farm, down to the shelf. origin »
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It’s Not Too Late for Some Victims of the Twitter Scam to Get Their Money Back.
The countdown clock has expired for many, but not all.
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Best Defi Interoperability Solutions – Exploring Fusion vs Cosmos vs Polkadot.
After the famous bull market of 2017, the cryptocurrency market experienced a very long and harsh bear market. Whilst this makes for a complicated period for investors, it’s not a complete tragedy; even if prices have been disappointing, fundamentals, on the other hand, have never been so strong. origin »
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Twitter Hack: Here’s What We Know (And Don’t Know) So Far About The Bitcoin Thief.
Cryptocurrency Giveaway scams are nothing new, but this year they have been the go-to method for hackers who have made and are expected to continue making millions of dollars from it. In the past week, we have reported on so many giveaway scams, most of which were carried out on YouTube. However, it looks like […] origin »
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Bitcoin's price could 'inhibit internal cash generation'.
For the industry's Bitcoin miners, 2020 hasn't turned out to be the year they had hoped for. With the mining reward cut in half and the price still stuck well below $10k, a rise in price for the king The post Bitcoin's price could 'inhibit internal cash generation' appeared first on AMBCrypto. origin »
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Binance Pool Poised to Grab More Bitcoin Hash Rate in Russia and Central Asia.
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region. origin »
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Crypto Custodian Curv Is Helping Institutions Dabble in DeFi With Compound Integration.
Custody startup Curv is using Compound, the leading lending protocol in DeFi, to help institutions earn interest on idle crypto. origin »
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Market Wrap: What Twitter Hack? Traders Stay Busy Buying Bitcoin at $9,000.
Bitcoin suffered a short period of selling in early trading but has bounced back, seemingly immune to Wednesday's Twitter hack. origin »
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Cryptocurrency News Roundup for July 16, 2020.
Bill Gates, Jeff Bezos, Elon Musk, Joe Biden, and Barack Obama were among many prominent U.S. figures targeted by hackers in a coordinated Twitter scam on Wednesday. Apparently, the hacker(s), who goes by the handle “Kirk”, managed to get hold of an internal Twitter tool that enabled them to delink the breached Twitter accounts from […] The post Cryptocurrency News Roundup for July 16, 2020 appeared first on BeInCrypto. origin »
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No, the Twitter Hack Wasn’t About Bitcoin.
The motivations and implications of a hack that had everyone from Coinbase to Kanye shilling a scam for bitcoin. origin »
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Securities Commission: Binance & eToro Not Authorized to Operate in Malaysia.
Binance is the latest addition to the Securities Commission of Malaysia’s Investor Alert List that covers those unauthorized websites, investment products, companies, and individuals that don't comply with the country’s securities law. origin »
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Lightning Startup Zap Raised $3.5M for Bitcoin App Ahead of Visa Deal.
The Lightning startup Zap Inc. just raised its first round to build out both mobile bitcoin wallet services and a Visa partnership in 2020. origin »
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Diginex launching multi-venue crypto trading and risk management platform with Itiviti.
Itiviti, a technology, and service provider to financial institutions worldwide, today announced Diginex, a digital asset financial services and advisory company, will implement Tbricks automated solution to provide risk, P&L, and portfolio management to its institutional client base. origin »
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After US Secret Service, Coinbase Strikes a Deal with IRS to Sell its Data.
Coinbase has now struck a deal with the US Internal Revenue Service (IRS) for its Coinbase Analytics blockchain software. According to the public records, available on the government database, the contract was signed on July 14 for $124,950 and will be effective from next week on July 23. It will last for a year with […] origin »
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Q4 2020 will be crazy for crypto, says VC: DeFi, Ethereum 2.0, Libra, and more.
Save for strong developments with specific altcoins such as Cardano and Chainlink, coupled with the news that PayPal may integrate Bitcoin, the crypto industry has been rather quiet over recent months. origin »
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Crypto Wallet Provider Sylo Targets Growing India Market Through Exchange Partnership.
Digital wallet provider Sylo has teamed up with India-based exchange Bitbns aiming to serve the nation's revitalized cryptocurrency market. origin »
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Namecheap VPN Review – Does It Live Up To The Hype?.
Namecheap is best known as an American domain name registrar and web hosting provider, who have been operating for 20 years since the early days of the internet. With over 11 million users and a highly trusted reputation, Namecheap has grown into one of the largest registrars in the world. origin »
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Tesla Stock Down 3%, Does TSLA Need to Drop by $1,000 to Be Good Buy? .
Coinspeaker Tesla Stock Down 3%, Does TSLA Need to Drop by $1,000 to Be Good Buy? Tesla (TSLA) stock price is down today. But it is still very close to $1,500. Is the stock a good buy now or maybe it needs to drop by at least $1,000 to attract investors?Tesla Stock Down 3%, Does TSLA Need to Drop by $1,000 to Be Good Buy? origin »
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Three Signs the Explosive LEND Crypto Trend Could Come To An End.
The DeFi craze is showing no signs of cooling off, and each week a new crypto token is on fire as a result. The industry’s hottest token currently, is LEND, a DeFi protocol for lending and borrowing crypto assets. origin »
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Twitter Hack Would Not Have Happened If Crypto Wasn?t Legal: Josh Barro.
Josh Barro of New York Magazine tweeted his anti-Bitcoin views while commenting on the recent monstrous Bitcoin scam on Twitter. Vitalik Buterin responded origin »
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Why This Trading Expert Believes Bitcoin Needs To Reclaim $9,400 Quickly To Change Its Bearish Course.
With low volatility in the bitcoin market in recent months, the price action of the OG cryptocurrency has been rather boring. Some crypto observers have even joked that the top crypto is now trading like a stablecoin. origin »
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Twitter Hack: Chainalysis and CipherTrace Confirm FBI Investigation.
The FBI is investigating Wednesday’s Twitter hack, Chainalysis and CipherTrace confirm. origin »
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“Bitcoin is not the enemy, centralization is” – Bitcoiners remain bullish amid mainstream media attacks.
Nearly 24 hours after the “big” cryptocurrency scam, tranquillity is slowly returning to Twitter and as new trends surface, the discussion is shifting from what can be titled as one of the swiftest and most popular cryptocurrency scams of the year, to regular day to day topics. origin »
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Bank of Thailand Extends Testing Of Digital Baht; Integration With Hong Kong Later In 2020.
Thailand is currently in its third developmental phase of building its central bank digital currency (CBDC), a local newspaper, and Nation Thailand reported on Thursday. The paper stated that the Assistant Governor of the Bank of Thailand, Vachira Arromdee, who said the bank is already rolling out its CBDC to large companies. The Bank of […] origin »
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Ripple’s XRP Is The Most Undervalued Cryptocurrency: Survey.
While other cryptocurrencies have enjoyed a swift rebound from the March lows, the price of XRP remains in the doldrums. Crypto-assets like Cosmos (ATOM), Chainlink (LINK), and Cardano (ADA) have registered significant gains in the past few weeks. origin »
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BitRiver adds Binance Pool node to its cryptocurrency mining data center.
Binance Pool, an inclusive cryptocurrency mining platform dedicated to empowering miners and the mining industry, today announced its partnership with BitRiver, one of the largest hosting providers for mining in the Commonwealth of Independent States (CIS). origin »
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In the Aftermath of Hack, Lawmakers Blame Twitter, Not Bitcoin.
Lawmakers are calling on Twitter to answer for a hack that shook the platform, focusing on cybersecurity rather than scapegoating cryptocurrencies. origin »
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Bitcoin Cash Is the Only Fork Underperforming Bitcoin This Year.
Bitcoin cash has underperformed bitcoin by 18 percentage points this year while other forks have outperformed by at least 44 percentage points. origin »
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After 500% rally, Chainlink (LINK) just passed Ethereum in this crucial metric.
It may sound like a broken record at this point but Chainlink (LINK) has seen extremely strong price performance over the past few months. The post After 500% rally, Chainlink (LINK) just passed Ethereum in this crucial metric appeared first on CryptoSlate. origin »
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