Hackers Attacking GitHub Repositories for Bitcoin Ransom

GitHub, a platform where software developers from across the globe discover, share and build software, is now being attacked by hackers who aim to hijack and encrypt users’ code for a Bitcoin ransom, according to a Vice report on May 3, 2019. Code for Bitcoin Per sources close to the matter, bad actors have now devised a new means to extort developers by hijacking code repositories, encrypting them and asking for a crypto ransom from their owners. Reportedly, the bad actors have found a way of breaking into GitHub and…

Bitcoin Traders Don’t Give a F**k About Tether’s Black Swan Scandal

By CCN: After New York alleged that industry giant Bitfinex had potentially committed fraud with its handling of the Tether cryptocurrency, one might have expected Bitcoin traders to initiate a mad rush for the exit. Shockingly, however, this black swan event barely caused a ripple in the global markets, proving that Bitcoin investors just don’t give a f**k. Bitcoin Barely Hiccups After New York Unleashes Bitfinex Bombshell Last week, the Office of the Attorney General (OAG) of New York published legal documents alleging that $850 million of Bitfinex reserves had…

Bitcoin Traders Don’t Give a F**k About Tether’s Black Swan Scandal

By CCN: After New York alleged that industry giant Bitfinex had potentially committed fraud with its handling of the Tether cryptocurrency, one might have expected Bitcoin traders to initiate a mad rush for the exit. Shockingly, however, this black swan event barely caused a ripple in the global markets, proving that Bitcoin investors just don’t give a f**k. Bitcoin Barely Hiccups After New York Unleashes Bitfinex Bombshell Last week, the Office of the Attorney General (OAG) of New York published legal documents alleging that $850 million of Bitfinex reserves had…

Bitcoin (BTC) Up 8.2 Percents as More Americans Hold

Bitcoin (BTC) up 8.2 percent in last week More Americans are owners of Bitcoin A Blockchain Capital survey reveals that Bitcoin awareness, familiarity, and perception has improved, explaining the high Bitcoin (BTC) ownership in the US. At the time of press, Bitcoin (BTC) prices are stable, above $5,500 as buyers aim at $6,000. Bitcoin Price Analysis Fundamentals Blockchain brought decentralization with the community building applications on public ledger securing the network by running full nodes. Bitcoin and Ethereum are the two topmost decentralized, proof-of-work networks dependent on the community for…

Coinbase Bans Personal Account of British Right-Wing Pundit Milo Yiannopoulos

American major cryptocurrency exchange Coinbase has barred British right-wing pundit Milo Yiannopoulos from its platform, Yiannopoulos stated in a Gab post on May 3. Yiannopoulos is a well-known political commentator and public speaker, espousing controversial far-right views and describing himself as a “cultural libertarian”. Previously, Yiannopoulos used to be an editor for syndicated American news and opinion website Breitbart News. Yiannopoulos’ account on Coinbase was reportedly closed within three minutes: Screenshot of Yiannopoulos Gab post. Source: Gab Yiannopoulos was previously banned by social media and networking platforms Facebook, as well…

$11,500 Bitcoin Price Will Absolutely Become a Reality in 2019

By CCN: In mid-December 2017, the bitcoin price traded at around $19,000, and bullish sentiment was so strong that the $11,500 mark seemed to be a distant memory. Over a year and a half and a vicious crypto market decline later, bitcoin climbing as high as $11,500 before the end of 2019 remains unthinkable, even to many bulls. Such is the beauty and the madness of trading. Those who possess the experience and the skill can leverage the psychology of the masses to supercharge their net worth. Bitcoin presents a…

Cobinhood Crypto Exchange Co-Founder Ceases to Participate in Firm Following Disputes

Co-founder of Taiwan-based crypto exchange Cobinhood has been removed from corporate affairs since late April 2019, the firm announced on its Telegram group on May 6. Tai-yuan Chen, also known as Popo Chen, has “ceased to participate” in the firm due to “personal and investor disputes,” the announcement says. Specifically, Cobinhood wrote that their team had to file a police report due to Chen’s emotional instability and personal behaviors that caused safety concerns for the exchange’s employees. While the exchange has not specified the nature of Chen’s alleged personal behaviors…

A Big Plus, Ethereum (ETH) Futures Translate to Institutional Investment

Ethereum (ETH) prices add 4.4 percent Anonymous senior official says CFTC may approve compliant ETH derivatives Five months after issuing am RFI, the CFTC may get comfortable with Ethereum (ETH) derivatives opening up doors for institutional investment. Not only will it elevate Ethereum (ETH) position but CFTC approval would cement Ethereum as a go-to smart contracting platform. Ethereum Price Analysis Fundamentals The CFTC is a US Agency that regulates the options and futures market. All entities or funds wishing to roll out crypto futures or options markets must get a…

Catch Me If You Can: Fighting Fraud With Blockchain

Fraud impacts organizations of all types and sizes across a wide range of industries and geographies. Consequences can be direct, through financial losses, or indirect, through fines and reputational fallout. In 2018, firms worldwide lost more than $7 billion to internal fraud schemes, according to a “2018 Report to Nations,” by the Association of Certified Fraud Examiners (ACFE) — which analysed 2,600 real cases of occupational fraud from companies across 125 territories and 23 industries. Addressing the risk of fraud is a key challenge for all organizations. Blockchain as a…

Ripple (XRP) Trading as Designed—Stable, Will 30 Cents Hold?

Ripple (XRP) prices flat Banks and payment processors sign agreements with Ripple Inc Prices are stable but not consummate with fundamental factors. With Ripple Inc striking deals and signing partnerships, Ripple (XRP) demand should be higher reflecting demand. However, that is not the case as XRP/USD range inside a 4 cents zone. Ripple Price Analysis Fundamentals Because of the nature of crypto and expectation of project supporters, an influential position within the project’s hierarchy is akin to a political role. Perhaps that’s why Satoshi Nakamoto, the founding father of blockchain…