‘Blockchain Bandit’ Has Stolen 45,000 ETH by Guessing Weak Private Keys, Report Claims

A “blockchain bandit” has managed to amass almost 45,000 ether (ETH) by successfully guessing weak private keys, according to a report released by Independent Security Evaluators on April 23. Adrian Bednarek, a senior security analyst, said he discovered the sophisticated hacker by accident. While guessing a private key is meant to be a statistical improbability, he managed to uncover 732 private keys through his research — giving him the ability to complete transactions as if he was the account holder. The report notes that rather than using a brute force search for random…

Crypto Market Soars as Dominant Bitcoin Bulldozes $5,500 Resistance

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN.com: Crypto assets mostly rose Tuesday as a dominant bitcoin jumped to its highest level since November 2018. The combined valuation of some 2,132 cryptocurrencies today attracted more than…

Bibox Orbit Successfully Registers Strong BIX Community Participation, Lists New Trading Pairs

Bibox Orbit, the one of a kind subscription program for some of the best blockchain projects has concluded its first phase at 20:00 (GMT +8) on 22 April 2019. The launch day of this Bibox digital asset platform’s initiative garnered a lot of positive response from the BIX token holder community, who subscribed to three prominent blockchain projects. The Bibox Orbit program listed three shortlisted projects, opening them for subscription to the BIX community. The program launch witnessed participation by over 56,000 people who picked one or more projects from…

Here’s How Shorts Could Push Bitcoin Price Above $6,000

The bitcoin price formed a new 2019 high towards $5,590 this Tuesday and its likelihood of testing $6,000 to the upside has increased. Mr. Anderson, a cryptocurrency analyst, revealed the proximity between the bitcoin price and the BTC shorts behavior in his latest statement. The analyst noted that whenever traders push BTC shorts positions in the overbought area, the probability of a bitcoin price jump increases. The Bitcoin Shorts-Bitcoin Price Relationship Mr. Anderson presented a chart to prove the relationship between the two metrics, as shown below: BTC Shorts vs.…

Here’s How Shorts Could Push Bitcoin Price Above $6,000

The bitcoin price formed a new 2019 high towards $5,590 this Tuesday and its likelihood of testing $6,000 to the upside has increased. Mr. Anderson, a cryptocurrency analyst, revealed the proximity between the bitcoin price and the BTC shorts behavior in his latest statement. The analyst noted that whenever traders push BTC shorts positions in the overbought area, the probability of a bitcoin price jump increases. The Bitcoin Shorts-Bitcoin Price Relationship Mr. Anderson presented a chart to prove the relationship between the two metrics, as shown below: BTC Shorts vs.…

White Paper Writers Can Earn $50K, But Say Startups Often Mislead Investors

White paper writers are earning up to $50,000 per job, according to a Decrypt investigation published on April 22— but the freelancers involved have accused some startups of misleading investors. The writers told the website as part of its two-week investigation that completing a paper can take up to eight months and cost between $1,000 and $50,000, with most of the work found via platforms such as LinkedIn and Upwork. Many of those interviewed alleged they were “constantly required to fabricate and exaggerate facts.” Adefemi Yusuff Adegoke, one white paper writer, noted that…

Bitcoin Price Sees First ‘Golden Crossover’ Since 2015

View Bitcoin’s daily chart is reporting a “golden crossover” – a bull cross of the 50- and 200-day moving averages – for the first time since October 2015. The crossover represents a long-term bearish-to-bullish trend change. A convincing close today above $5,466 (April 10 high) would establish another bullish higher high and boost the prospects of a rally to $6,000. That rally, however, may be preceded by consolidation or price pullback, as the golden crossover is accompanied by the overbought readings on the relative strength index and a neutral long/short…

Bitcoin Hits $5,600 in a Monumental Rally From Technical Perspective, What’s Ahead?

Bulls, it’s been a minute. Over the past few hours, Bitcoin (BTC) has begun to rally again, pushing past $5,400, $5,500, and even $5,600 (albeit briefly) after nearly a week of mundane stagnation. While this move seems to be just another Monday pump, which could be deemed not significant by some, this unexpected bump is monumental from a technical analysis perspective. If you haven’t checked Crypto Twitter for the past week, BTC just printed a golden cross, whereas its 50-day moving average has crossed over its 200-day, signifying that bears…

Binance Launches DEX, Sparks Era of Decentralized Crypto Exchanges

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. The world’s largest crypto exchange Binance has launched Binance Decentralized Exchange (DEX) on April 23 following the official release of the Binance Chain mainnet. Binance DEX, a non-custodial and decentralized…

What is Market Making in the Cryptocurrency World?

When the Internet was born, the biggest investment opportunities opened up to the world. Post-Internet, a blockchain has changed the history of investment. It is after all, the very technology that powers Cryptocurrency, the future of money and markets. Cryptocurrencies, however, are notorious for being high-risk due to their unpredictable  price fluctuations. But today, if more and more traders are investing in crypto-assets with higher confidence it’s because of the market makers. In the cryptocurrency world, market making is actively buying from one investor and selling to another to provide…