Cryptojacking is quickly becoming a very serious problem in the world of security and cryptocurrency. Especially when it comes to unprotected online administration consoles, a lot of damage can be done. Surprisingly, Tesla has fallen victim to this increasingly popular trend as well. It is evident cryptocurrency mining malware will not be going away anytime soon.
Tesla and Cryptojacking
For those unaware of what cryptojacking is all about, it is rather easy to explain.
The vastly different opinions on Bitcoin and other cryptocurrencies often lead to some interesting discussions. Most financial experts do not take kindly to this new form of money, though. Elliott Management, a well-known multi-billion dollar hedge fund, claims cryptocurrencies are a “brilliant scam”.
Elliott Management Doesn’t Approve of Cryptocurrencies
There has been a rather interesting shift taking place in the financial sector over the past few months.
There is still a lot of confusion as to what will happen with MyEtherWallet moving forward. A lot of people fear this service will not continue on, even though there is no reason to worry. In fact, a new blog post explains that the service will remain in existence for quite some time to come.
MyEtherwallet Isn’t Going Anywhere
A lot of people have taken a strong liking to the MyEtherWallet service over the years.
Blockchain solutions company, MinexSystems, has released its updated roadmap for the year 2018, sending a wave of excitement throughout the crypto community. In a move that is bound to inject some confidence back into a market whose performance has been very encouraging these past few months, MinexSystems announcement reveals their firm plan for making decentralized payment viable for both crypto community and the general public.
Cryptohunt, a leader in AR/VR technology, have announced exciting new updates for their blockchain-based, geolocational treasure hunting game, CryptoHunt. The game now has a playable demo, which is now available for public access. Utilizing the latest innovations in Augmented Reality and geolocation, CryptoHunt allows users to actively search and solve puzzles for rewards. Similar to PokémonGO, players can solve riddles for CryptoHunt tokens.
UK-based blockchain gaming solution, TriForce Tokens, has added another leading luminary to its eminent advisory board. Counter-strike world champion and former manager of renowned esports team FaZe Gaming, Danny Montaner, has been unveiled as the newest member of the board. He joins the revolutionary gaming ecosystem as an advisor, topping off an already impressive acquisition of members which stems from mounting interest in the startup.
It seems things will not be all that positive for most cryptocurrency markets as of right now. All of the major markets are still down by quite a margin, even though some of them suffer even bigger losses than the rest. One of the biggest “dippers” in the top 15 is none other than NEM. This altcoin seemingly continues to struggle ever since the Coincheck hack and theft.
NEM Price Woes are not Over Just yet
It has not been a great start of 2018 for the NEM price so far.
The world’s first influencer platform on the blockchain, Patron, has concluded its private sale round after successfully raising $10 million and is now set for its pre-TGE. The event will enable early adopters and contributors to acquire the platform’s enterprising utility tokens, Patron, with a 50% bonus on every contributions.
All cryptocurrency markets continue to suffer from massive bearish pressure as of right now. Virtually all currencies in the top 25 are suffering from steep losses, with the exception of Nano. For some reason, the nano price is up by a whopping 19.31% during this troublesome time, effectively pushing its value well past $9.25 in the process.
Nano Price Surges out of the Blue
It is not uncommon for one or two cryptocurrencies to effectively buck the trend affecting all other markets.
Bitcoin regulation will always remain a very touchy subject among industry experts. Although an official guideline for service providers helps legitimize cryptocurrency as a whole, there are some negative side effects as well. A group of Bitcoin enthusiasts now want to abolish the BitLicense altogether.
Can we Abolish the BitLicense?
It is safe to say the state of New York is not particularly cryptocurrency-friendly as of right now.
After a strong rally from the $6,000s, bitcoin ultimately saw a near 100% growth in market value as it now sits atop its rally in the low $11,000s. Currently, the market is testing well-known, strong resistance levels and is seeing quite turbulent shakeouts and rallies as it decides what the next market move will be. On a macro view, we can see that bitcoin is testing the strength of the daily 50 EMA:
Figure 1: BTC-USD, Daily Candles, Macro TrendThe red square at the top of the trend represents a macro distribution trading range that ultimately led to the decline in value of the last couple months.
After a general upwards trend from Bitcoin following its February 6 low of US$6,000, today marks the first major downtrend from the cryptocurrency. After nearing $12,000, the coin has dropped significantly, and is currently trading close to $10,700. As is usually the case, the significant drop has caused widespread losses among a majority of altcoins.
Of the 1,516 cryptocurrencies listed on Coinmarketcap.com, only 28 have seen USD gains of 1% or more. While a majority of these coins consist of undocumented market caps, as well as coins with negligible volume and market cap, a top performing member of this group is DigixDAO (DGD), which has seen a USD growth of almost 20%, from close to US$275 to just over $325, as well as BTC and ETH gains of over 30%, and appreciated to a market cap of over US$620 million.
Western Union has officially confirmed they are trialing Ripple’s xRapid solution. This is big news for both companies, as improving liquidity in the remittance sector is direly needed. Especially if this also leads to lower fees for users and service providers alike, things can only improve from here on out.
Western Union Officially Embraces Ripple’s xRapid
Most people in the cryptocurrency industry have rather mixed feelings when it comes to Ripple and their XRP asset.
Karbo, the first CryptoNote coin that is not a fork of Monero has released its independently developed mobile wallet. This is a standalone wallet application that holds private keys and wallet files on the device. It is a so called “light wallet” that works with Karbo network through remote nodes and does not store blockchain data on the phone. Thanks to this, the wallet is ready to use upon installation, and provides nice user experience and convenience.
Dubai – February 21st 2018.
PECUNIO, a financial firm that provides safe and easy Blockchain Investment, announced today the appointment of David Drake to its advisory board. David Drake is a well reputed name in the field of finance, serving as the Chairman of LDJ Capital and a host of related businesses.
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David has represented the US Department of Commerce at various forums, including the Transatlantic Forum of the EU as well as the UK Parliament.
All of the drama surrounding the BitGrail exchange is far from over, by the look of things. It seems the exchange operator, an individual known as Francesco the Bomber, is not too sure about how things should proceed. His recent Twitter poll has certainly sparked a lot of debate and concern over the alleged hack which took place recently.
The BitGrail Plot Thickens
For those who have not been keeping tabs on the news, the Italian BitGrail exchange claims it lost US$170 million worth of the Nano currency due to a hack.
Among many of the goods you can purchase online using cryptocurrencies, the most noticeable marketplace has been the now defunct silk road. While the dubious moral and ethical trades conducted via that platform have ultimately led to its rightful demise, it serves well to demonstrate the level of anonymity that the usage of cryptocurrency allows its users.
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This anonymity can be utilized towards a nefarious goal, but it can also serve as a means to secure freedom of speech, freedom of expression and safeguard against any form of oppression, be it political, social or ultimately – financial.
All cryptocurrency markets are suffering from a major price retrace as of right now, minus some small exceptions. The Bitcoin Cash price is unsuccessful in escaping this gravitational pull, effectively push the price back to do below $1,400 for the first time in nearly a week. It is a matter of time until the markets recover, though, and the Bitcoin Cash price should surpass $1,500 soon enough.
Bitcoin Cash Price Takes Solid Hits
It is not uncommon for alternative currencies to suffer when the Bitcoin price is going down in value.
Blockchain is a very successful technology that aims to disrupt markets worldwide however, there is a new technology with ground breaking potential in this domain. DAG (directed acyclic graph) is one of the main competitors to Blockchain technology. Unlike Blockchain, DAG is a new technology without blocks and miners.
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Byteball is designed so that scalability issues are no longer a topic of the day.
HADA Dbank, is set to bring the emergence of Islamic banking principles to the blockchain ecosystem, forging a new future ahead of the current banking systems. HADA DBank is a Kuala Lumpur-based company, working to place itself at the forefront of the new generation of financial banking systems. Using the traditional Islamic banking methodology of fair and transparent risk and responsibility sharing, augmented by the technological innovation of blockchain.
Things are not looking all that great for most cryptocurrency markets as of right now. We have seen a major decline in value overnight, even though no one knows what the exact reason is. Some currencies successfully buck this negative trend. The OmiseGo price is an interesting example in this regard, as its value is up to by 7.64%.
OmiseGO Price Surges in Surprising Fashion
With so many top cryptocurrency markets in the red over the past 24 hours, it is only normal most altcoins struggle to gain any real traction as of right now.
Corporates, suits and CEOs of traditional companies beware: decentralized protocols powered by blockchain technology are redefining your traditional business models, and you should be worried. Business models of the future are not created equal, and they certainly don’t play by the same rules. In the Venn Diagram of traditional business and decentralized protocols, there are a few overlaps and many differences.
There is never a boring day in the world of cryptocurrency. The CEO of Bitcoin Inc mentioned on Twitter that he had been arrested in his home by the Department of Homeland Security. According to the information shared with us, this arrest is the direct result of a Bitcoin transaction dating back to November of 2016. For now, he has been released on a personal recognizance bond.
The Story of The Bitcoin Inc CEO
There is a lot of interesting information to be found in this particular story.
While it is widely agreed that past trends cannot predict future markets, today’s cryptocurrency market movements suggest a similar trend to what has been observed multiple times throughout 2017. Today, we see money flowing away from altcoins, back to Bitcoin, as sentiments towards the grandfather coin continue to turn bullish.
Bitcoin (BTC) has climbed close to 6% in the past 24 hours, growing from a price of roughly US$11,200 to its current price of $11,870. This growth translates to a market cap appreciation of US$10 billion.
There are rumors on the internet that Bitmain is working on yet another cryptocurrency mining hardware unit. While that in itself is not spectacular by any means – especially because it is the company’s business model – this latest venture would focus on Ethereum ASIC mining. Although it remains to be seen if there is any truth to these rumors, the prospect of an Ethereum ASIC mining unit is quite interesting, for obvious reasons.
An ASIC Miner for Ethereum Makes no Sense
While some people have speculated that Bitmain is working on a new ASIC mining device for Ethereum, there’s no real evidence to back up these claims.
Кто знает подойдет ли этот кошелек для постоянного приема в сатоши? Я просто майнить не решился, но написал несколько ботов для того, чтобы они собирали с кранов монеты. Я так понял, что это веб-кошел...