Another major exchange hack?
Cryptocurrency trading platform Coinbene, currently ranked 16th on CMC by market volume, has announced it is undergoing maintenance on Tuesday, March 26. However, the crypto community suspects that a hack has taken place as multiple users report problems with transactions.
https://cointelegraph.com/news/crypto-exchange-coinbene-announces-ongoing-maintenance-while-customers-suspect-hack
Topic: [ANN][FEB19] AB-CHAIN.com - Ads in BlockChain (Read 63066 times)
AB-CHAIN Market News: another platform bans crypto related advertising
According to a report, a Latin American e-commerce platform, Mercado Livre, has banned cryptocurrency advertising on their website.
Mercado Livre became the largest e-commerce website in Latin America after overtaking its competitor– Amazon, in 2018.
https://cointelegraph.com/news/major-latin-american-e-commerce-company-bans-cryptocurrency-related-ads
According to a report, a Latin American e-commerce platform, Mercado Livre, has banned cryptocurrency advertising on their website.
Mercado Livre became the largest e-commerce website in Latin America after overtaking its competitor– Amazon, in 2018.
https://cointelegraph.com/news/major-latin-american-e-commerce-company-bans-cryptocurrency-related-ads
An index fund provider states that 95% of volume on unregulated exchanges is fake
Bitwise Asset Management has reported that most of the volume on unregulated exchanges is either of non-economic nature and appears to be money laundering, or completely fake. Bitwise based it’s analysis on data from Coinmarketcap, further stating that the resource provides a misleading impression of the market by displaying non-existent volumes.
https://cointelegraph.com/news/bitwise-tells-us-sec-that-95-of-volume-on-unregulated-crypto-exchanges-is-suspect
Bitwise Asset Management has reported that most of the volume on unregulated exchanges is either of non-economic nature and appears to be money laundering, or completely fake. Bitwise based it’s analysis on data from Coinmarketcap, further stating that the resource provides a misleading impression of the market by displaying non-existent volumes.
https://cointelegraph.com/news/bitwise-tells-us-sec-that-95-of-volume-on-unregulated-crypto-exchanges-is-suspect
AB-CHAIN Market News: crypto market sees mixed signals as Bitcoin hovers around $4,000
Bitcoin is trading at $4,032 at the time of publication, as top 20 cryptocurrencies see mixed trends. As such, XRP has gained 0.5% over the last 24 hours, trading at $0.32 while ETH has fallen almost 2%, currently hovering at $158.
https://cointelegraph.com/news/major-cryptocurrencies-see-slight-gains-palladium-hits-1-600-for-the-first-time
Bitcoin is trading at $4,032 at the time of publication, as top 20 cryptocurrencies see mixed trends. As such, XRP has gained 0.5% over the last 24 hours, trading at $0.32 while ETH has fallen almost 2%, currently hovering at $158.
https://cointelegraph.com/news/major-cryptocurrencies-see-slight-gains-palladium-hits-1-600-for-the-first-time
Critical bugs detected in major crypto platforms
Apparently, security researchers have done 13 independent reports over the course of the last month and collectively found 43 vulnerabilities in some of the most popular crypto platforms, including Brave, Coinbase, EOS, Monero (XMR), Tezos, OmiseGo, and Unikr.
https://www.coinnewsspan.com/43-vulnerabilities-detected-in-major-cryptocurrency-platforms/
Apparently, security researchers have done 13 independent reports over the course of the last month and collectively found 43 vulnerabilities in some of the most popular crypto platforms, including Brave, Coinbase, EOS, Monero (XMR), Tezos, OmiseGo, and Unikr.
https://www.coinnewsspan.com/43-vulnerabilities-detected-in-major-cryptocurrency-platforms/
Companies experience the rise of crypto mining attacks on cloud infrastructure
According to a report, the amount of mining cyberattacks is on the rise in 2019, as more and more businesses fall victims to hackers targeting cloud computing infrastructure.
In particular, the attack vectors include compromising container management platforms, control panel exploitation, and theft of APIs.
https://cointelegraph.com/news/businesses-increasingly-see-crypto-mining-attacks-in-cloud-infrastructures
According to a report, the amount of mining cyberattacks is on the rise in 2019, as more and more businesses fall victims to hackers targeting cloud computing infrastructure.
In particular, the attack vectors include compromising container management platforms, control panel exploitation, and theft of APIs.
https://cointelegraph.com/news/businesses-increasingly-see-crypto-mining-attacks-in-cloud-infrastructures
Cryptojacking is on the rise in 2019, according to a report
A security report indicated that cryptojacking incidents increased by 78% in 2018 and this trend seams have carried over to the current year.
Experts believe that unfamiliarity with cryptocurrency prevents many victims infected with ransomware to pay attackers in Bitcoin, which makes many hackers shift to mining malware as a slower but more robust way of stealing money.
https://cointelegraph.com/news/report-shows-cryptojacking-is-prime-example-of-shift-towards-discreet-cyberattacks
A security report indicated that cryptojacking incidents increased by 78% in 2018 and this trend seams have carried over to the current year.
Experts believe that unfamiliarity with cryptocurrency prevents many victims infected with ransomware to pay attackers in Bitcoin, which makes many hackers shift to mining malware as a slower but more robust way of stealing money.
https://cointelegraph.com/news/report-shows-cryptojacking-is-prime-example-of-shift-towards-discreet-cyberattacks
AB-CHAIN market news: cryptos see slight losses across the board as Bitcoin hovers around $3900
Despite peaking above $4000, Bitcoin fell right back behind the $3900 mark, taking the whole market down with it, albeit not significantly. At the time of this publication, BTC is trading at 3,887, showing a slight growth of 0.2% over the last 24 hours.
Will the positive predictions for 2019 actually turn true?
https://cointelegraph.com/news/top-cryptos-see-minor-losses-as-bitcoin-falls-towards-3-900
Despite peaking above $4000, Bitcoin fell right back behind the $3900 mark, taking the whole market down with it, albeit not significantly. At the time of this publication, BTC is trading at 3,887, showing a slight growth of 0.2% over the last 24 hours.
Will the positive predictions for 2019 actually turn true?
https://cointelegraph.com/news/top-cryptos-see-minor-losses-as-bitcoin-falls-towards-3-900
According to a UN security council report, North Korea has stolen $670 million in crypto and fiat.
Reportedly, hackers have been targeting financial institutions for years and utilizing the blockchain technology to cover traces of their attacks. Experts believe that cryptocurrency played a role in helping North Korea in diminishing the effects of economic sanctions.
https://cointelegraph.com/news/un-panel-says-north-korea-obtained-670-million-in-crypto-and-fiat-via-hacking-report
Reportedly, hackers have been targeting financial institutions for years and utilizing the blockchain technology to cover traces of their attacks. Experts believe that cryptocurrency played a role in helping North Korea in diminishing the effects of economic sanctions.
https://cointelegraph.com/news/un-panel-says-north-korea-obtained-670-million-in-crypto-and-fiat-via-hacking-report
Nouriel Roubini, a New-York based economist who is famous for predicting the 2008 financial crisis stated in a recent interview that “cryptocurrency as technology has absolutely no basis for success.”
Roubini argued that crypto as a whole is not stable nor scalable and is not likely to become a widespread means of payment.
What are your thoughts on this?
https://cointelegraph.com/news/nouriel-roubini-cryptocurrency-as-a-technology-has-absolutely-no-basis-for-success
Roubini argued that crypto as a whole is not stable nor scalable and is not likely to become a widespread means of payment.
What are your thoughts on this?
https://cointelegraph.com/news/nouriel-roubini-cryptocurrency-as-a-technology-has-absolutely-no-basis-for-success
According to the statement of Kaspersky SEO, cryptocurrencies are an amazing idea but it is one the world is not ready to embrace yet. Kaspersky thinks that in somewhat distant future — the world will be united under one government, and will utilize a single cryptocurrency.
https://cointelegraph.com/news/kaspersky-ceo-cryptocurrencies-are-great-but-the-world-is-not-ready-yet
https://cointelegraph.com/news/kaspersky-ceo-cryptocurrencies-are-great-but-the-world-is-not-ready-yet
AB-CHAIN Market News: Cryptocurrency Markets See Substantial Price Drops Along The Board
All top 20 cryptocurrencies are deep in the red as bitcoin fails to hang onto 3,800 dollar mark, having touched the lower point of $3,733 earlier today. The overall market capitalization has slid down to $125 billion, from the $130 billion mark that was held earlier this week.
https://cointelegraph.com/news/crypto-markets-see-major-losses-while-stocks-rise-as-us-china-talks-expected-to-end
All top 20 cryptocurrencies are deep in the red as bitcoin fails to hang onto 3,800 dollar mark, having touched the lower point of $3,733 earlier today. The overall market capitalization has slid down to $125 billion, from the $130 billion mark that was held earlier this week.
https://cointelegraph.com/news/crypto-markets-see-major-losses-while-stocks-rise-as-us-china-talks-expected-to-end
ETH scambots are back
If there is one thing that we did not miss in 2019 – it’s Ethereum scambots on Twitter. Well, guess what? They’re back sporting an all-new look but utilizing the same old technique – tricking users into navigating to some shady website promising free ETH after the user
“confirms” their own ETH address by sending some money to the attackers.
Be cautious online and don’t fall victim to scam!
https://thenextweb.com/hardfork/2019/03/01/cryptocurrency-twitter-scammers-ethereum/
If there is one thing that we did not miss in 2019 – it’s Ethereum scambots on Twitter. Well, guess what? They’re back sporting an all-new look but utilizing the same old technique – tricking users into navigating to some shady website promising free ETH after the user
“confirms” their own ETH address by sending some money to the attackers.
Be cautious online and don’t fall victim to scam!
https://thenextweb.com/hardfork/2019/03/01/cryptocurrency-twitter-scammers-ethereum/
Demand for blockchain engineers rises 517 Percent Year-over-year
According to a report published by a recruitment company, the demand for blockchain tech specialists rises by a whopping 517 percent every year. Isn’t it a great indication that blockchain along with crypto are here to stay?
https://cointelegraph.com/news/global-demand-for-blockchain-engineers-up-517-percent-in-a-year-says-hired
According to a report published by a recruitment company, the demand for blockchain tech specialists rises by a whopping 517 percent every year. Isn’t it a great indication that blockchain along with crypto are here to stay?
https://cointelegraph.com/news/global-demand-for-blockchain-engineers-up-517-percent-in-a-year-says-hired
AB-CHAIN market news
Following a short recovery attempt, most cryptocurrencies are in the red as Bitcoin loses about 1% in the last 24 hours, currently trading at $3,822. Unfortunately, the recent bullish trend did not last very long and the cryptocurrency market as a whole lost 2 billion dollars during the last price decline.
https://cointelegraph.com/news/crypto-markets-lose-2-billion-after-brief-recovery-attempt-us-stock-market-is-down
Following a short recovery attempt, most cryptocurrencies are in the red as Bitcoin loses about 1% in the last 24 hours, currently trading at $3,822. Unfortunately, the recent bullish trend did not last very long and the cryptocurrency market as a whole lost 2 billion dollars during the last price decline.
https://cointelegraph.com/news/crypto-markets-lose-2-billion-after-brief-recovery-attempt-us-stock-market-is-down
Bitcoin will be worth 1,000,000 USD??
According to John McAfee’s prediction that uses a corrected model based on the one he already used in 2017 and at the time, understated the crypto’s potential, McAfee now believes that Bitcoin can reach 1 million dollars by the end of 2020.
https://ambcrypto.com/bitcoin-btc-price-prediction-cryptocurrency-to-reach-new-heights-by-end-of-2021/
According to John McAfee’s prediction that uses a corrected model based on the one he already used in 2017 and at the time, understated the crypto’s potential, McAfee now believes that Bitcoin can reach 1 million dollars by the end of 2020.
https://ambcrypto.com/bitcoin-btc-price-prediction-cryptocurrency-to-reach-new-heights-by-end-of-2021/
Elon Musk and Jack Dorsey recently made interesting statements about crypto that provoked a lot of controversy in the community. In fact, several interpretations of there comments appeared on the internet.
Forbes recently published an interesting article that tries to shed some light on what Musk and Dorsey were trying to communicate.
https://www.forbes.com/sites/billybambrough/2019/02/21/what-elon-musks-and-jack-dorseys-surprising-bitcoin-comments-really-mean/
Forbes recently published an interesting article that tries to shed some light on what Musk and Dorsey were trying to communicate.
https://www.forbes.com/sites/billybambrough/2019/02/21/what-elon-musks-and-jack-dorseys-surprising-bitcoin-comments-really-mean/
Are stablecoins the next big thing on the road to global crypto adoption?
A California-based stablecoin startup published a report based on the data collected from 40 cryptocurrency and stablecoin companies.
The report suggests that “The development of stablecoins, price-stable cryptocurrencies, asset-backed cryptocurrencies etc. is likely to play a critical role in how this new economy achieves mainstream adoption,” and that countries with hyperinflation like Venezuela will be first to adopt the technology.
https://cointelegraph.com/news/stablecoins-to-play-key-role-in-crypto-adoption-says-new-report
A California-based stablecoin startup published a report based on the data collected from 40 cryptocurrency and stablecoin companies.
The report suggests that “The development of stablecoins, price-stable cryptocurrencies, asset-backed cryptocurrencies etc. is likely to play a critical role in how this new economy achieves mainstream adoption,” and that countries with hyperinflation like Venezuela will be first to adopt the technology.
https://cointelegraph.com/news/stablecoins-to-play-key-role-in-crypto-adoption-says-new-report
An investor, billionaire and a famous crypto-bull, Tim Draper, predicts that in five years cryptocurrency will become so widely adopted, that only criminals will still use fiat currencies.
“The criminals will still want to operate with cash, because they catch everybody who is trying to use Bitcoin.”– says Draper.
https://cointelegraph.com/news/tim-draper-predicts-crypto-will-rule-only-criminals-will-use-cash-in-five-years
“The criminals will still want to operate with cash, because they catch everybody who is trying to use Bitcoin.”– says Draper.
https://cointelegraph.com/news/tim-draper-predicts-crypto-will-rule-only-criminals-will-use-cash-in-five-years
Is this the most optimistic bitcoin prediction?
Creator of a popular Chinese mining pool, Zhu Fa, stated that despite the present bearish market when the next cryptocurrency bull run happens, the Bitcoin price will be 10-20 times above the previous all-time high.
According to Fa, we can easily see the Bitcoin price reach $738,000.
https://cointelegraph.com/news/chinese-crypto-miner-predicts-that-bitcoin-could-reach-740k
Creator of a popular Chinese mining pool, Zhu Fa, stated that despite the present bearish market when the next cryptocurrency bull run happens, the Bitcoin price will be 10-20 times above the previous all-time high.
According to Fa, we can easily see the Bitcoin price reach $738,000.
https://cointelegraph.com/news/chinese-crypto-miner-predicts-that-bitcoin-could-reach-740k
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