With an increasing number of people forced to work from their homes, data suggests that ransomware attacks are at their all-time highest with the frequency of these incidents increasing by 45% over the course of April 2021 alone. Not only that, some are adamant that the rise in ransomware attacks is closely connected to the
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Dogecoin (DOGE) may have landed major proponent Mark Cuban in hot water as it hits its lowest against Bitcoin (BTC) in over half a year. DOGE/BTC 1-week candle chart (Bittrex). Source: TradingView “Now price it in bananas” Data from Cointelegraph Markets Pro and TradingView showed DOGE/BTC trailing at 412 satoshis (0.00000412 BTC) on Oct. 14 —
Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (dApps) built on the Near protocol, has announced a $12 million debut funding round. The round included over 100 venture capital investors including Pantera Capital and Electric Capital. According to an official statement, Aurora will use the funds for expanding cross-chain capabilities beyond its
Tesla’s (TSLA) bold foray into the Bitcoin (BTC) market has been paying off in 2021 as BTC price rallies in October to hit over $58,000 on Oct.14. Tesla currently holds roughly 43,200 BTC, worth roughly $2.5 billion at today’s prices, according to online monitoring resource Bitcointreasuries.net. This is approximately 65% or $1 billion more than what the
Fox Entertainment and Blockchain Creative Labs (BCL) has announced the launch of maskverse.com, a non-fungible token marketplace and community dedicated to the entertainment series and hit singing competition “The Masked Singer.” According to Fox and BCL, the NFT marketplace and a game will be powered by the Eluvio blockchain. Fox, Blockchain Creative Labs, Eluvio Introduce
Bitcoin (BTC) challenged brand-new support levels on Oct. 14 after overnight successes took the market past $58,000 BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin “dips” to near $57,000 Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it reversed towards $57,000 after hitting highs of $58,540 on Bitstamp. The moves mimicked the first time
Group of Seven advanced economic nations has been discussing central bank digital currencies (CBDCs) this week, concluding that they should “do no harm” and meet rigorous standards. Finance leaders from the G7 met in Washington on Oct. 13 to discuss central bank digital currencies and endorsed 13 public policy principles regarding their implementation. The G7,
Following JPMorgan CEO Jamie Dimon’s recent comments that Bitcoin is worthless, two well known billionaires have leapt to its defense — although both of them say Ether has some even more desirable properties. During an interview with CNBC’s Squawk Box on Oct. 13, Barry Sternlicht, the co-founder of Starwood Capital Group said that gold was
Bank of England Deputy Governor Jon Cunliffe says that a collapse in the cryptocurrency market is certainly “plausible,” stating that regulators worldwide need to pursue crypto rules “as a matter of urgency.” While cryptocurrencies do not currently pose a threat to the country’s financial stability, the deputy governor says there are some “very good reasons”
Jon Cunliffe, deputy governor for financial stability at the Bank of England, said the risks of a growing crypto market on the financial system are “relatively limited” at the moment but have the potential to grow very rapidly if regulators do not keep pace. In a speech to the Society for Worldwide Interbank Financial Telecommunication
By laying the foundations of the internet of value, cryptocurrency and blockchain will generate more wealth than Web 1 and Web 2, said CEO of Morgan Creek Capital, Mark Yusko, in an exclusive interview with Cointelegraph. “We haven’t even gotten to the parabolic growth part of Web 3, which is going to create untold wealth”,,
The rapidly evolving world of blockchain technology offers a wide range of approaches and tokenomic models aimed at solving the blockchain trilemma of creating a decentralized, stable and secure network. One tokenomic model that has seen several varients over the past year is the ‘rebase’ model, which is designed in a way so that token
Everyone is talking about a six-figure Bitcoin (BTC) price now that the digital asset has broken out of its multi-month downtrend and confirmed that a bullish trend is in play. If Bitcoin happens to enter a parabolic move toward $110,000, that would finally match PlanB’s Stock-to-Flow model prediction. According to the pseudonymous analyst, the scarcity
Bitcoin (BTC) has been sustaining above $54,000 for the past few days but that has not resulted in euphoria among investors. Google Trends data shows that Bitcoin search interest has not picked up in recent days and is nearing one-year lows. Some analysts believe that this is a sign that only stronger hands are accumulating.
After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,” according to new data from Cambridge University. Data Shows US, Kazakhstan, Russian Federation Rule the Bitcoin Mining Roost In mid-July, researchers from the Cambridge Bitcoin
The ongoing price boom in the Binance Coin (BNB) market is painting a classic bullish chart pattern with an upside target of $560. Dubbed as Cup and Handle, the pattern appears when the price forms an advance that appears like a U-shaped trend (Cup). That follows up with a formation of a descending channel range