Day: September 28, 2019

Glassnode Co-Founder Says On-Chain Data Can Spot Bitcoin’s Tops and Bottoms

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Blockchains produce huge amounts of data and it seemed that only data scientists and blockchain research firms like Chainalysis and CipherTrace were making use of it. Recently, crypto investors like Willy Woo and Philip Swift have begun to incorporate on-chain data into their rigorous Bitcoin analyses and the results have been astounding.  Despite these efforts, on-chain data remains something of an enigma amongst crypto investors. To clear up the confusion, Cointelegraph decided to sit down with Rafael Schultze-Kraft, the co-founder of on-chain market intelligence platform Glassnode.  Cointelegraph: Let’s start with…

International Day for the Universal Access to Information 2019

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Today marks the annual commemoration of the ‘International Day for the Universal Access to Information’. This year’s theme is ‘Leaving No One Behind!’ and looks at how we can ensure innovation and new technologies help broaden access to information. You can hear Information Commissioner, Elizabeth Denham speak on the importance of today and the work of the International Conference of Information Commissioners below. Pressing play on the video above will set third-party cookies necessary for the video to play and collecting analytics such as the length of time the video…

Overstock’s Path From Dot-Com-Bubble Ruins to Blockchain Ecosystem

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On Sept. 19, former Overstock.com CEO Patrick Byrne sold his entire stake in the firm, which accounted for 13% of the company and was worth over $90 million. While the move surprised many, those closely following Patrick’s eccentric personality saw it coming from a mile away.  Overstock was launched in May 1999. In the early days of the internet, it worked as an online marketplace that sold surplus goods from failed dot-com companies. It had a competitive advantage by selling at rates lower than wholesale prices. Its business model still…

Bitcoin Price Collapse Triggered by Bakkt, Perpetuated by BitMEX: Analyst

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Why is Crypto Down? This week hasn’t been too nice to Bitcoin. Since the start of the week, the leading cryptocurrency has lost some 20%, failing to break up from a long-term price triangle. This dramatic move — which came as there were optimists calling for Bitcoin to break higher to $20,000 — has left many wondering why the Bitcoin price suddenly broke down. A few analysts have answered this pressing question. According to Simon Peters, an analyst at crypto-friendly brokerage eToro, Bitcoin’s latest bout of volatility comes after the…

Employee Fined For Mining BTC on Nuclear Research Center Supercomputer

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An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC). Convicted to pay $7,000 fine According to a Sept. 27 article by Russian news outlet Meduza, a man was fined 450,000 rubles ($7,000) for trying to mine Bitcoin by using a petaflop-capable supercomputer at his workplace, the All-Russian Scientific Research Institute in Sarov, Russia. Sarov, about 230 miles east of Moscow is a closed town as it is the Russian center for nuclear weapons research.  The court delivered…

New Spyware Replaces Crypto Wallets on Clipboard via Telegram: Report

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Amerian Internet infrastructure firm Juniper Networks has found a new spyware that uses Telegram app to replace crypto addresses with its own. Masad Clipper and Stealer Juniper Threat Labs, a threat intelligence portal at Juniper Networks (NYSE: JNPR), discovered a new Trojan-delivered malware implementing major global messaging app Telegram to exfiltrate stolen information, according to threat research released on Sept. 26. Reportedly circulating under the name “Masad Clipper and Stealer” on black market forums, the spyware is capable of stealing a broad list of browsing data, including usernames, passwords, credit…

Blockchain-Based Protocol Tachyon Network Releases White Paper

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Tachyon network, a decentralized internet protocol has officially launched its white paper which discloses details on the project background and Tachyon ecosystem. Reconstruct the TCP/IP model In a press release shared with Cointelegraph on Sept. 27, Tachyon network announced the release of its white paper revealing details on how the protocol is set to reconstruct the TCP/IP model. The TCP/IP model, after 36 years of use as the foundation of the internet, is slowly falling behind the increasing demand for stability, security, speed and trust, the white paper reads, adding:…