Day: December 16, 2020

The Nexus Mutual hacker is now asking for a $2.6M ransom

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A hacker, who on Monday stole $8.3 million from the private wallet of Nexus Mutual CEO Hugh Karp, has sent a ransom demand for $2.66 million in Ether (ETH) embedded in the input data of an Ethereum transaction. In the poorly-worded Dec. 16 message, the attacker addresses Karp directly, and seems to suggest that they will cease selling off the stolen NXM until the price recovers or Karp sends 4,500 ETH. “Hello Hugh. I will not sell wNXM any more until wNXM recovers his value or you send me 4.5k…

Pick Carefully, Stock Market LIVE has Changed! PANDEMIC 2020 CRYPTO, ETH, BITCOIN, FOREX

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Why you have to Becareful! – I noticed patterns of Sudden Big Drops in the past few months just like yesterday and before. 12-01-2020, TUES, 5:20am. – Profit-taking over the Thanksgiving holiday stalled, The world’s most popular cryptocurrency has sunk as much as 5.9%, to $16,242.70, over the last 24 hours. The slide was Bitcoin’s biggest since the coronavirus pandemic first roiled markets in March, and it reversed the weeks-long uptrend fueled by renewed bullishness. Bitcoin came within $300 of an all-time…

Apple (AAPL) Stock Gains 5% After Report of iPhone Manufacturing Increase in 2021

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As a result of yesterday’s jump, Apple shares are now up approximately 74.19% year-to-date and around 14% in the past three months. Apple Inc (NASDAQ: AAPL) stock jumped 5.01% on Tuesday to close the day trading at $127.88. The tweak was attributed to news that the company plans to scale up iPhone production next year based on increased demand. According to a report by Japan’s Nikkei, Apple could instruct its suppliers to scale up and manufacture as many as 230 million gadgets in 2021. Notably, it is anticipated that up…

Bitcoin hits 2-week high breaking last big resistance before $20K

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Bitcoin (BTC) hit its highest levels in two weeks on Dec. 15 as fresh bullish action took the largest cryptocurrency to near $20,000. Cryptocurrency market overview from Coin360. BTC price highest since Dec. 1 Data from Cointelegraph Markets, TradingView and Coin360 showed BTC/USD hitting $19,760 during trading on Wednesday. BTC/USD 3-day chart. Source: TradingView The move reverses bearish sentiment which characterized the market as recently as Tuesday. After failing to crack resistance between $19,500 and $20,000 throughout December, Bitcoin saw lows of $17,550 before reversing upwards. This week, the reemergence…

Robert Kiyosaki Predicts $50,000 for Bitcoin Price in 2021

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If Bitcoin starts trading at $50,000, its market cap will then rise to $928 billion which is about 10% of the market cap of gold. Robert Kiyosaki, the author of the famous book “Rich Dad Poor Dad” has joined the tall list of experts who firmly believe that Bitcoin will set the world ablaze in 2021 with its price. According to his price prediction, there is a huge potential in the Bitcoin market because its market cap is just 2.9% of that of Gold. Kiyosaki is also an investor with…

BITCOIN (BTC) ANALYSIS AND OTHER CRYPTO NEWS: ETH SECRET HARDFORK AND GOOD MIXER TO USE

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BITCOIN (BTC) ANALYSIS AND OTHER CRYPTO NEWS: ETH SECRET HARDFORK AND GOOD MIXER TO USE CALLED TORNADO.CASH Ethereum’s ‘Unannounced Hard Fork’ Was Trying to Prevent the Very Disruption It Caused. The bulk of Ethereum’s DeFi ecosystem went dark earlier today after a latent bug in the Ethereum code split the network’s transaction history in two. BIS Innovation Hub head Benoît Cœuré stressed the importance of maintaining multiple payment options beyond just CBDCs. Tornado Cash’s privacy pool USD value surpasses $13M, hitting a…

Sovryn Bitcoin-powered Trading and Lending Platform Goes Fully Operational

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The Sovryn platform is built using the Bitcoin-powered smart contract infrastructure RSK thereby making it suitable for DeFi applications and more secure than the Ethereum-blockchain network. On Tuesday, December 15, Sovryn – the decentralized platform for Bitcoin trading and lending – went fully functional. As a result, users can now trade Bitcoin in a non-custodial, permissionless, and censorship-resistant manner through the Sovryn application. Built on the Bitcoin-powered smart contract platform RSK, Sovyrn said that it also plans to launch the governance system. The RSK framework offers the benefit of faster…

Dow Jones (DJIA) Jumps 300 Points Above 30, 000 on Stimulus Optimism

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Despite the US kickstarting the distribution of the Pfizer/BioNTech COVID-19 vaccine, the lawmakers are working on one more stimulus round to keep the economic activity on track. On Tuesday, December 15, the US stock markets remained upbeat on hopes of Congress passing another stimulus package. The Dow Jones Industrial Average (INDEXDJX: .DJI) jumped over 300 points advancing 1.1% to 30,199 levels. Similarly, the S&P 500 (INDEXSP: .INX) also surged over 1% and closing in positive at 3,694.62, after a four-day losing streak. Also, the Nasdaq Composite (INDEXNASDAQ: .IXIC) jumped 1.5%…

UK FCA establishes temporary crypto registration regime due to backlog

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The United Kingdom’s Financial Conduct Authority has issued temporary registrations to crypto-asset companies that have already submitted applications but not yet been processed. According to a Dec. 16 announcement, this will allow the companies to continue trading for an extended period until July 9, 2021, following the initial registration deadline of Jan. 10, 2021. As Cointelegraph reported, the FCA became the supervisor of Anti-Money Laundering and Counter Terrorist Financing measures for crypto firms in the United Kingdom on Jan. 10, 2020. From this date, all such companies have had to…

White House Sources Claims President Trump Is Sympathetic to Silk Road Founder

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As President Trump is set to leave office on January 20, 2021, Ross Ulbricht may become a free man by then. Outgoing United States President Donald Trump may be considering pardoning Silk Road founder and operator Ross Ulbricht who is currently serving a double life sentence passed in 2015 for non-violent crimes according to White House in-house sources. According to Cointelegraph, President Trump has been noted by the unnamed White House sources to be sympathetic with the Free Ross Campaign and may add Ulbricht’s name to the list of convicts that…