June 4, 2020

‘Careless’ Users Are Ruining Ethereum’s Privacy: Paper

June 4, 2020 boss

Ethereum is losing its privacy, warns a new paper, as “careless” users make linking their addresses to real-world identities easy. With the disquieting title, “Blockchain is Watching You,” the paper – a joint-publication from researchers at the Institute for Computer Science and Control in Hungary, Eötvös Loránd University, Széchenyi István University and HashCloak – argues governments and private-entities are quickly learning how to strip away anonymity from Ethereum. And that’s in part because users are making it easy for them. “Careless usage easily reveals links between deposits and withdraws and…

Ethereum Just Reversed And Likely Gearing For Another Lift-Off To $255

June 4, 2020 boss

Ethereum is up close to 4% and it surpassed the $240 resistance zone against the US Dollar. ETH price is likely to continue higher towards the $250 and $255 resistance levels. Ethereum reversed losses and climbed back from the $230 support zone. The price is now trading comfortably above the $240 pivot level, with a positive bias. There is a rising channel forming with support near $242 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise as long as it is above the…

Cardano Price Rallies 60% Following Shelley Proof-of-Stake Upgrade Announcement

June 4, 2020 boss

The price of Cardano (ADA) has increased 60% in the week following Cardano co-founder Charles Hoskinson revealing the roadmap for the Shelley upgrade in a YouTube podcast with Lark Davis, aka Cryptolark. Shelley will see the network upgraded from a centralized network to a distributed one through the Shelley protocol upgrade by July 7, viewers were told, in conjunction with details about staking rewards and the hard fork. This is the biggest change in protocols from any blockchain project, according to Hoskinson: “This is like Ripple changing its consensus protocol…

Rumored Star Wars Battlefront 3 Means One Thing – More Controversy

June 4, 2020 boss

Star Wars Battlefront 3 may be in development, suggests an end-user license agreement found on Steam. The game’s EULA teases a “classic” mode which could potentially provide gameplay like Star Wars Battlefront 2. However, some may be concerned that the game will be as controversial as Star Wars Battlefront 2 which was criticized for its loot boxes. A report by DSOGaming reveals than an end-user license agreement, or EULA, for Star Wars Battlefront 3 has popped up on Steam. The EULA reads: Haze Studios, Free Radical Design, Lucasfilm, Disney are…

Bittrex and Poloniex Targeted in Class-Action Crypto Manipulation Suit

June 4, 2020 boss

The plaintiffs behind a class-action alleging that Bittrex and Tether drove the 2017 bull run through market manipulation have requested the issuance of summons to exchanges Bittrex and Poloniex. The lawsuit, first filed in October 2019, alleges that veteran cryptocurrency exchange Bitfinex and its sister company Tether inflated the supply of Tether’s USDT stablecoin without proper US dollar backing to drive up crypto prices during 2017’s all-time high. The suit is on behalf of investors who purchased crypto assets at what they believe are artificially inflated prices. The Plaintiffs have…

Litecoin Signaling Fresh Increase To $50: Here’s How It Could Refuel Bitcoin

June 4, 2020 boss

Litecoin retreated from the $50.00 resistance and found support near $45.00 against the US Dollar. The price is currently rising and it could surge if it clears the $48.00 resistance. There is a major bullish trend line forming with support near $46.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). Bitcoin price could also continue higher above $9,800 if LTC first clears the $48.00 resistance. Litecoin price is rising again from the $45.00 support zone against the US Dollar. LTC is likely to first break higher…