Day: February 17, 2020

New Email Extortion Scam Targets Google’s AdSense, Demands Bitcoin

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A new extortion scam targeting website owners serving banner ads through Google’s AdSense program has begun circulating the Internet. The malicious scheme demands Bitcoin (BTC) in exchange for preventing an attack, which would purportedly lead to the users’ AdSense account suspension. The email-based extortion scheme was reported by security news and investigation blog KrebsOnSecurity, on Feb. 17. The blog post detailed that some site owners received a message as their site had been spotted by the malicious program as one seeking revenue from publishing an ad. The message ostensibly read:…

China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says

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China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week. The 84 patents filed on Feb. 13 include proposals related to the supply and issuance of a central bank digital currencies (CBDC) as well as interbank settlements using the digital yuan and the integration of digital currency wallets into existing retail bank accounts, according to a recent report by the Financial Times. While the Chinese government is still largely quiet on the initiative, the…

IOTA Updates Trinity Desktop Wallet to Partly Address Recent Hack

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Following an apparent hack of IOTA (MIOTA) official wallet on Feb. 12, the IOTA Foundation has released a safe desktop version of the Trinity wallet. According to a Feb. 17 update post, IOTA should update their Trinity apps to securely check their balances and transactions via Trinity 1.4.1, a new version that is designed to remove the recently detected vulnerability from the wallets. IOTA’s network coordinator is still paused for an upcoming token migration Released on Feb. 16, the new version of the wallet doesn’t apparently represent the full solution…

Warren Buffett’s Stock Moves Warn of Looming Recession for U.S. Economy

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Berkshire Hathaway has moved into defensive stocks as stakes in recession-prone companies were cut. Warren Buffett’s heavy exposure to financials is now lower. Charlie Munger recently warned of “lots of troubles” ahead for the economy. Warren Buffett’s most recent stock purchases point to growing concerns that an economic downturn is right ahead. A Feb. 14 SEC filing shows that Berkshire Hathaway (NYSE:BRK.A) is putting money in stocks that are relatively immune from negative economic growth. At the same time, Berkshire has reduced its stakes in companies that are likely to…

Bitcoin Just Bounced at a Key Level, Signaling Further Gains are Imminent

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Last updated:February 19, 2020 Bitcoin and the aggregated crypto markets have seen some turbulence over the past couple of days, with bears gaining firm control over the entire market after BTC broke below $10,000 this past weekend. Analysts are now noting that things may not be as bearish as they seem, as Bitcoin has been able to bounce at a critical support level. The crypto’s strong reaction to this level may suggest that a rally up towards $10,000 is imminent, with a break above the resistance here potentially allowing it…

Don’t Doubt Bluepoint’s Valentine Rhyme, or a PS5 Game Remake

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Bluepoint Games penned yet another cryptic poem for Valentine’s Day. The tweet suggests two games are in the works. Demon’s Souls, The Legend of Dragoon, and Metal Gear Solid remain the most likely candidates. Sticking with the tradition of penning a poem for each seasonal event, Bluepoint Games delivered for Valentine’s day. While we’ve known for some time that Bluepoint Games is hard at work on yet another remake destined for the upcoming PlayStation 5, the developer has remained tight-lipped on what game it has its sights set on. Choosing…

Don’t Doubt Bluepoint’s Valentine Rhyme, or a PS5 Game Remake

boss

Bluepoint Games penned yet another cryptic poem for Valentine’s Day. The tweet suggests two games are in the works. Demon’s Souls, The Legend of Dragoon, and Metal Gear Solid remain the most likely candidates. Sticking with the tradition of penning a poem for each seasonal event, Bluepoint Games delivered for Valentine’s day. While we’ve known for some time that Bluepoint Games is hard at work on yet another remake destined for the upcoming PlayStation 5, the developer has remained tight-lipped on what game it has its sights set on. Choosing…

Will Boeing Stock Fly High Ever Again?

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Boeing lost its title as world’s largest plane maker after delivering only 380 jets and having negative orders for commercial jets in 2019. The company expects future losses of more than $18 billion tied to the ongoing Boeing 737 Max saga. Wall Street analysts have updated their ratings amid the nearly year-long grounding of the 737 Max. For years, Boeing (NYSE: BA) was one of the most respected American industrial and defense companies. Those days are long gone. Last year, the business found itself in the spotlight for all the…

Derivatives Exchange Deribit Launches Daily Ether Options

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Panama-based cryptocurrency derivatives exchange Deribit has listed daily options on ether (ETH). The platform announced the news on Twitter on Monday. The new product will have strike price intervals of $5 and can be traded in the 24 hours preceding the expiry at 08:00 UTC every day. They will have a lifetime of two trading days at the time of introduction. From Feb. 19, the exchange will also be reducing the tick size for all ether options from the current 0.001 ETH to 0.0005 ETH, Deribit CMO Andras Caron said.…

Bombshell Chinese Study Fuels Conspiracy of Coronavirus Being a Bioweapon

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A bombshell study by the South China University of Technology reveals coronavirus could have started in a lab just 300 yards away from the Wuhan seafood market. The study seems believable when you consider the unusual characteristics of coronavirus. The Chinese government’s authoritarian practices are fanning the bioweapon-conspiracy flames. Coronavirus continues to wreak havoc on the Chinese mainland. As more information leaks out, people are growing concerned that coronavirus is a human-made bioweapon. During an interview earlier this month, a CBS anchor addressed the concern head-on with Chinese Ambassador Ciu…