Day: July 24, 2019

VpnMentor Finds Sensitive Data Leak in Crypto Loan Platform YouHodler

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Security researchers from virtual private networks-focused website vpnMentor have identified a users’ private data breach from digital currency loan platform YouHodler, according to a press release shared with Cointelegraph on July 24. According to vpnMentor, the leak exposed over 86 million records that contained information such as full personally identifiable information, credit card numbers and credit card verification values, and bank account details, as well as detailed data regarding users’ crypto wallets and transactions. The breach purportedly enabled anyone in possession of the data to find the real identity of…

Bitcoin (BTC) Reacting from $9,500, Will Hangzhou Internet Court Ruling Trigger Demand?

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Bitcoin (BTC) steady below $10,000 Hangzhou Internet Court recognizes Bitcoin as property China may be restrictive, but Chinese miners plays a vital role in the Bitcoin ecosystem. Therefore, despite the People’s Bank of China stance, the ruling from Hangzhou Internet Court is bullish. Currently, BTC is up 3.8 percent week-to-date. Bitcoin Price Analysis Fundamentals Chinese policies are against the proliferation of digital currencies. Nonetheless, that is not to say the country is not instrumental in the thriving Bitcoin economy. Several studies show that over 60 percent of Bitcoin’s hash power…

Newegg Adds Bitcoin Payment Option to 73 More Countries

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California-based online retail store Newegg expanded Bitcoin (BTC) payment options to customers in 73 more countries. Bitcoin payment remains unavailable in six out of over 80 Newegg-served countries Following the announcement, Newegg customers can now purchase its products with Bitcoin (BTC) in almost all of the countries under Newegg’s coverage, according to a press release on July 24. While Newegg reportedly serves over 80 countries worldwide, BTC payment will remain unavailable for customers residing in six countries: Algeria, Ecuador, Egypt, Indonesia, Morocco and Vietnam, the company noted on its website.…

Bitcoin Not Moved for at Least Five Years is at an All-Time High

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The amount of Bitcoin (BTC) that has not been moved for at least five years is at an all-time high, reports cryptocurrency data website Coinmetrics on July 23. Is hodling currently at its highest? Per the report, the amount of BTC held in a single address unmoved for at least five years recently reached its all-time high. More precisely, on July 19, the number of coins meeting this requirement reached 3,847,859 BTC. Coinmetrics claims that this suggests that Bitcoin is increasingly becoming a store of value, as opposed to a…

Most Germans Skeptical Towards Facebook’s Libra, Only 12% Welcome it

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About 71% of German citizens are skeptical towards Facebook’s Libra stablecoin, while only 12% welcome it, according to a survey published by German financial association Bürgerbewegung Finanzwende on July 23. Most Germans already have an opinion Notably, the survey also showed that almost every one of the 2,093 German adults surveyed had an opinion on the matter, with only 17% saying that they are not sure what to think about the stablecoin. Furthermore, 52% of the respondents also pointed out that Facebook’s impact on society is already problematic today, and…

Where Bitcoin, Ethereum, & Ripple Go Next After This Vicious Sell-Off – CCN Markets

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Bitcoin, Ethereum, and Ripple (XRP) are scrambling to recover from a vicious sell-off. Here’s what the technical indicators say. | Source: Shutterstock  After opening the week on reasonably stable ground, major cryptocurrencies including Bitcoin, Ethereum, and Ripple endured painful sell-offs on Wednesday that thrust them below key levels. However, technical indicators suggest that the worst might be over for the crypto market. But only if BTC, ETH, and XRP secure important short-term milestones. How the Bitcoin Price Could Recover Back to $11,000 The Bitcoin price has been struggling to secure…

Where Bitcoin, Ethereum, & Ripple Go Next After This Vicious Sell-Off

boss

After opening the week on reasonably stable ground, major cryptocurrencies including Bitcoin, Ethereum, and Ripple endured painful sell-offs on Wednesday that thrust them below key levels. However, technical indicators suggest that the worst might be over for the crypto market. But only if BTC, ETH, and XRP secure important short-term milestones. How the Bitcoin Price Could Recover Back to $11,000 The Bitcoin price has been struggling to secure credible support for two weeks, ever since it slid below the $13,000 mark. The war of supply and demand is playing out…

Eleesa Dadiani Wants to Revolutionize the Crypto World and Discard Price Volatility

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The young chief executive officer of the “Dadiani Syndicate,” Eleesa Dadiani, has vowed to revolutionize the crypto community by chasing price volatility out the door. Quite an ambitious goal, when considering that volatility and crypto go hand-in-hand since the inception of the first cryptocurrency, Bitcoin (BTC)trade. “I’m an opportunist. I’m not a specialist in anything, I’m a school dropout,” Dadiani admits proudly. “I have a good nose for things, when something is about to gallop. And so twice I’ve now had good timing. Once when people needed to cash out…

21% of Bitcoin Hasn’t Moved for Five Years, Stroking Monumental Supply Shock

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A record amount of bitcoin is sitting dormant, according to statistics by Coinmetrics. The report reveals that 21.6 percent of the total BTC supply hasn’t moved for five years – that’s almost 4 million coins. It suggests that bitcoiners are increasingly holding for the long-term. Coinmetrics’ analysis appears to validate the cryptocurrency’s use case as a store of value. As the report explains: “This potentially signals that BTC is increasingly becoming a store of value, as opposed to a medium of exchange.” The figures also reveal that bitcoin’s available supply on…

Scam Ads on Facebook Fraudulently Offer its Own Cryptocurrency Libra

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According to a recent Washington Post report, the new cryptocurrency developed by Facebook, Libra, has already started being nefariously promoted by the worst in the social networking community with a recent scam: Facebook ads that are offering the cryptocurrency in a span of less than a month after the announcement of the project, even though it doesn’t even exist publicly yet. Facebook is already notorious for legions of fake accounts within the social network, and now many of these fake accounts impact the credibility of Facebook upcoming digital currency, Libra.…