Category Archives: Bitcoin

Crypto Bulls Fighting Back? Market Sees Green After Sell-Off

The cryptocurrency market is flashing green Wednesday following a major downturn, with the total capitalization rising more than $11 billion on a 24-hour basis. The signs of a turnaround emerge in the wake of a rough patch for the market, during which it hit its lowest point for 2018, as CoinDesk previously reported. At press time, bitcoin, the world’s biggest cryptocurrency

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US Investor Files Lawsuit Against AT&T Over Cryptocurrency Theft

A U.S.-based cryptocurrency investor and entrepreneur has filed a multi-million-dollar lawsuit against telecommunications firm AT&T. Michael Terpin believes that he became the victim of a theft in which a large amount of digital currency was taken from him due to the company’s negligence. Terpin Believes He Was the Victim of a SIM Swap Fraud Michael Terpin has brought legal action

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‘It’ll Happen Anyway’: Andreas Antonopoulos Criticizes Bitcoin ETFs

Exchange-traded funds (ETFs) “fundamentally undermine the underlying principle of peer-to-peer money,” Andreas Antonopoulos claimed, adopting a critical stance on the financial instrument. ‘Not Your Keys – Not Your Bitcoin’ As part of his monthly Q&A session with the cryptocurrency community in July, Antonopoulos, who uses the online sessions to address various key aspects of cryptocurrency as suggested by viewers, made clear

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Report: Cryptojacking Coincides with Crypto Popularity, Monero the Choice Currency

As cryptocurrency popularity boomed towards the end of 2017, other, more illicit, things came about as a result of the crypto boom. In 2018, one of the most prevalent and popular forms of malware attacks is cryptojacking, where malicious actors utilize the CPU power of unsuspecting computers to mine cryptocurrencies. Cryptojacking Becomes Increasingly Prevalent in 2018 According to a report by

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Reality Shares Will Join Increasingly Crowded Bitcoin Hedge Fund Arena, Says Source

Reality Shares Will Join Increasingly Crowded Bitcoin Hedge Fund Arena, Says Source California-based asset manager Reality Shares has become the latest competitor in the Bitcoinhedge fund space, an anonymous source told Business Insider August 15. Reality Shares, which became known in the cryptocurrency space this year after launching the first Chinese blockchain ETF in June, has reportedly already attracted $25 million for the fund. Capped at $100… The post Reality Shares Will…

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30% of UK Firms Hit by Crypto Mining Malware in a Month: Survey

30% of UK Firms Hit by Crypto Mining Malware in a Month: Survey Almost a third of U.K. businesses said they had been hit by cryptocurrency mining malware within the previous month, according to new research. In a survey published by Citrix, almost 60 percent of responding companies further indicated they had found mining malware… The post 30% of UK

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LXDX Announces Investment from Dymon Asia Ventures to Expand its Platform for Cryptocurrency Exchanges

LXDX Announces Investment from Dymon Asia Ventures to Expand its Platform for Cryptocurrency Exchanges   Singapore, August 2018 — LXDX announces backing by Dymon Asia Venture Capital Fund LP to make LXDX’s cryptocurrency trading platform more widely available. LXDX offers full-spectrum technology services for cryptocurrency exchanges, including software that powers both public retail exchanges and private exchanges for… The post LXDX Announces Investment

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Abu Dhabi resident Down 85% After Taking $140K Loan to Buy Cryptocurrency

Cryptocurrency investing is risky business and one budding investor is feeling the pain after using a huge bank loan to build a losing cryptocurrency portfolio. DYOR and Steer Clear of FOMO It appears that FOMO got the best of one amateur cryptocurrency investor in Abu Dhabi who is now 85% down on cryptocurrencies purchased using a $139,500 bank loan. The

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Bitcoin Illegal: Saudi Arabia Monetary Authority

Kingdom of Saudi Arabia (المملكة العربية السعودية) regulators issued a statement this week through its monetary authority. Cryptocurrencies such as bitcoin are illegal in the country. Citing “negative consequences” and “high risk,” the government believes it must protect subjects from themselves.   Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots Saudi Arabian Monetary Authority Pronounces Bitcoin Illegal Dated 8

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Technical Analysis – Buy when there is blood in the streets

After a strong rally peaking at $8500 during the month of July, Bitcoin fell over 30% to a low of $6250 on Tuesday this week. As brutal as this sell-off was for Bitcoin, major altcoins were punished even more severely over the same period. Approximate return from 24 Jul – 14 Aug for major Alts: Bitcoin Ethereum Bitcoin Cash XRP

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