Day: February 26, 2020

Formula 1 Open Tokenized Crate Sale on Ethereum Blockchain

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F1 Delta Time, the Ethereum-powered blockchain game has begun to sell in-game item crates.  Players are now able to purchase a collection of cars, parts, drivers and racing gear with the ERC-721 non-fungible tokens (NFT), according to F1 Delta Time official announcement from Feb. 25. The sale will run through March 9, with 6,500 total crates up for grabs with prices set to increase from the current levels after March 3. NFT’s are a form of a digital collectible that are not interchangeable since they carry unique qualities and vary…

Price Analysis Feb 26: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA

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Investors may interpret the current correction in cryptocurrencies as a long overdue pullback and purchasing opportunity. The equity markets sold off sharply on Feb. 24 and 25. Even gold, a traditional safe-haven has stalled its rally. On similar lines, cryptocurrencies are also witnessing a period of correction.  The total crypto market capitalization has dropped from about $308 billion on Feb. 15 to $248 billion at press time, which is a fall of about 19.50%. For an investor, this is a normal and healthy correction, which can provide an opportunity to…

Ransomware Hacks Cost Victims $144M in BTC Over Last 6 Years, FBI Says

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A recent presentation from the U.S. Federal Bureau of Investigation, or FBI, shows ransomware hackers have pilfered massive amounts of Bitcoin (BTC) since 2013. Between October 2013 and November 2019, victims paid roughly $144 million in BTC to ransomware hackers, FBI supervisor Joel DeCapua indicated at a Feb. 24 RSA conference. Ransomware takes control During a ransomware breach, nefarious parties take control of a person or entity’s computer systems, demanding payment, often in BTC, to unlock victims’ platforms. DeCapua noted almost all ransomware payments are sent in Bitcoin, and that…

After CBS Disaster, News Networks Shouldn’t Host Presidential Debates

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Critics panned CBS News and moderators for losing control of the Democratic debate in South Carolina. While debate pros at other networks called it a “disaster,” Meghan McCain said even “The View” has more orderly debates. But it isn’t just CBS. MSNBC and NBC News have also flubbed debates in recent years. News networks used to report on debates, not host them. Debate organizers at other news networks had harsh words for CBS News after South Carolina’s Democratic debate. CNN’s Brian Stelter said “debate pros at other TV networks are…

Prince Harry’s ‘Everyman’ Shtick Jars With What Meghan Markle Is Selling

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Prince Harry told attendees at a tourism conference in Scotland to address him “simply as Harry.” He and Meghan Markle have made quite a stir with their back-and-forth with the Queen over the use of the Royal Sussex brand. The problem for “simply Harry” is that without his royal links, the brand that he and Meghan are building would be worthless. Prince Harry told attendees at a tourism conference in Scotland that he wishes to be known “simply as Harry.” But that down to earth, everyman approach doesn’t sit well…

CoinDesk Explains SIM Jacking – CoinDesk

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For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. In the pantheon of crypto hacks, “SIM jacking” is one of the worst. The hack, which is less a hack and more social engineering, is basically a form of identity theft, with the attacker swapping a victim’s SIM card remotely, usually with the help of your cell-phone carrier, and then breaking into that victim’s email, crypto, bank accounts, basically all the stuff you definitely don’t want someone to break into. And the consequences can be dire,…

CoinDesk Explains SIM Jacking or “SIM Hacks”

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Today we’re breaking down SIM card attacks in a way even your grandpa can understand, presented in both audio and full-text format. For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. In the pantheon of crypto hacks, “SIM jacking” is one of the worst. The hack, which is less a hack and more social engineering, is basically a form of identity theft, with the attacker swapping a victim’s SIM card remotely, usually with the help of your cell-phone carrier, and then breaking into that victim’s…

Coinbase Wallet Now Allows to Send Crypto Through Usernames

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Coinbase updated its wallet with a function that lets its users send cryptocurrency through usernames, instead of the usual lengthy addresses. According to a Feb. 25 announcement, Coinbase Wallet now allows its users to send cryptocurrency to dedicated usernames or ones created on the Ethereum Name Service (ENS). Coinbase’s proprietary usernames look like @username while ENS names resemble URLs like coinbase.eth. Source: Coinbase blog No more sending to a wrong address In its announcement, Coinabse claims that its users often complain about “how cumbersome it is to deal with long…

Coronavirus Mask Shortage Makes Even World’s Richest Country Nervy

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Hospital officials in Norway say they can’t get the vital equipment they need to fight the coronavirus. They’re facing a critical supply shortage. They need more medical equipment to contain COVID-19. But they say other countries are hoarding it. Hospitals need gloves, masks, and respirators. Most of these supplies are made in China, the epicenter of the virus. A health official at Norway’s main hospital says coronavirus mask and other equipment shortages threaten their response to the pandemic. The official says even healthcare workers in the world’s richest country are…

3 Reasons Why An Analyst Thinks Bitcoin Will Plunge Below $6,400

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While Bitcoin remains up in 2019, outperforming effectively all other assets except for altcoins and Tesla, market participants have been scared by the recent reversal. In fact, one popular cryptocurrency trader, who called the bearish reversal quite well over the past few days, has warned that the macro BTC bottom might not have been established at $6,400 in December. Analyst Fears the Worst After Bitcoin Loses $9,000 Support For the third day in a row, Bitcoin has sold off hard. As of the time of writing this, the cryptocurrency has…