1 AM UTC was the hour of greatest volatility for Bitcoin’s price from 2017 to 2019, crypto analytics firm LongHash found. Researchers at crypto analytics firm LongHash have found 1 AM UTC to be the hour of greatest volatility for…
Author: coinmaker
Israeli Citizen Accused of Stealing Over $1.7 Million in Crypto
A Tel Aviv resident has been arrested and accused of international phishing fraud, using a collection of websites to steal cryptocurrencies. Eliyahu Gigi, a 31-year-old from Tel Aviv, has been charged with stealing over $1.7 billion in a variety of…
Bitcoin-Seeking Ransomware ‘Ryuk’ Virus Found and Studied in China
Tencent Yujian Threat Intelligence Center has spotted Ryuk ransomware in China, and received an extortion request in the amount of 11 BTC during their study. Tencent Yujian Threat Intelligence Center says that a Ryuk ransomware virus has been spotted in…
Bitcoin Price Analysis: Bulls Recover Vital Support
Summary: Over the last week, the bitcoin price has dropped 30 percent, from its high of $13,200 to its current local low of $9,050. As of this morning, the market is enjoying a strong rally on high spread and volume…
France Will Soon Adopt New Crypto Regulations
Autorité des Marchés Financiers (AMF), France’s financial watchdog, will approve the first group of cryptocurrency firms under a new set of digital currency regulations to be adopted later in July 2019. In order to gain approval from the regulator, crypto…
The Ryuk Virus Is Spreading Through China, Asking 11 BTC Ransoms
This article was originally published by 8btc and written by Vincent He. A ransomware virus named Ryuk has spread to China, asking the users of infected devices for a hefty bitcoin ransom. Tencent Security reported on July 17, 2019, that…
Cartoon: Trillema
One of the key challenges in blockchain projects is dealing with the “trilemma” challenge: how to develop technology that is scalable, decentralized and secure, without any element being diminished. For example, Bitcoin is both decentralized and secure, but critics have…
New York Grants BitLicense to Two Seed CX Subsidiaries
The New York State Department of Financial Services (DFS) awarded two subsidiaries of Seed CX, a Chicago-based cryptocurrency exchange, with virtual currency licenses. In a press release, DFS superintendent Linda Lacewell announced the approval of virtual currency license applications from…
Roubini: BitMEX in Violation of Securities Laws, Crypto a Metastasized Cancer
Nouriel Roubini derided BitMEX as an example of a criminally unregulated crypto exchange, and called for authorities to enforce crypto regulation at large. Economist and anti-cryptocurrency pundit Nouriel Roubini has recently declared that there is “overwhelming evidence of rampant fraud…
Bitcoin ATM Firm LibertyX Expands Locations via New Partnership
LibertyX, the firm that launched America’s first Bitcoin ATM, will add 90 new machines by teaming up with DesertATM. LibertyX, the firm that launched America’s first Bitcoin (BTC) automated teller machine (ATM), will add 90 new machines to its network.…
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