After a surge of 10 percent on Sunday, the Bitcoin price has consolidated around $3900 this week, but just short of the crucial $4,000 resistance level. Prices are trapped in a narrow $90 range between $3,860 and $3,950 for the fifth consecutive day this week. As of writing, BTC is changing hands at $3,937 on Coinbase. Gaining $387, or 11 percent, the most popular cryptocurrrency rose to $3,952
A summary of select stories from the cryptocurrency and blockchain world during this week.
Cybercriminals are now resorting to alternative money making methods like formjacking as returns from ransom ware and cryptojacking are diminishing, the latest Symantec Internet Security Threat Report (ISTR) says. The report cites two reasons for cyber thieves' waning interest in the looting of cryptocurrency: Declining value of cryptocurrencies and increasing adoption of cloud and mobile computin
Cryptocurrency Exchange Exmo opened a representative office in Istanbul, the financial capital of Turkey. Exmo, a leading crypto trading platform in Eastern Europe, said the entry to the new crypto market follows the launch of a Turkish language version of its website and introducing support for the Turkish lira (TRY). "The Turkish market has become an incredibly pleasant discovery for us: afte
Google added bitcoin's 'B' symbol to its Keyboard on iOS devices, indicating the leading cryptocurrency's growing acceptance in the mainstream industry. The feature, however, is not added to Android keyboards. The addition of the bitcoin currency key reflects Google users' growing interest in bitcoin. According to Google Trends, 'What is Bitcoin?' was the most popular search question in 2018.
Here is a summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.
Ethereum (ETH) seems to have gained the biggest benefit in terms of value among the top cryptocurrencies in the recent strong upward movement in the market, as it fattened by more than 20 percent in price in the past one month.
In February alone, the world's second largest cryptocurrency gained more than 36 percent.
According to Coinbase, in one month between January 22 and February 21, the vir
The Galaxy S10 smartphone that Samsung Electronics released as part of its latest Galaxy series, comes with a security system specifically designed to store digital currencies. The South Korean manufacturing giant's proprietary Samsung Knox security system, which stores blockchain-based private keys, has been installed in the new phone. "Galaxy S10 is built with defense-grade Samsung Knox, as w
The Securities and Exchange Commission has settled a case against a cybersecurity startup company, which was charged with conducting an unregistered initial coin offering (ICO). Gladius Network LLC escaped without any rigorous punishment because the irregularity was self-reported by the company to the regulator. The Washington, D.C.-headquartered Blockchain based DDoS mitigation and content deli
Here is a summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.
Bitcoin looks set to touch the key $4,000 resistance level as the leading cryptocurrency by market capitalization continued the rally for the third consecutive day this week. Building upon the positive start in the new week, Bitcoin rose to $3,950 on Wednesday, its highest after reaching the recent peak of $4060 on January 8. The weekly chart confirms a bullish reversal. In the last seven days,
Elon Musk, the founder and CEO of Tesla and SpaceX, commented that Bitcoin's structure is quite brilliant. During an interview on advisory services firm ARK Invest's podcast, Musk also said paper money is going away, and crypto is a far better way to transfer value than pieces of paper.
The remarks...
American restaurant chain Domino's Pizza is now accepting Bitcoin as a mode of payment.
Customers can now buy their favorite pizza from any of the multi-billion-dollar stores via the Lightning Network (LN) at a 5 percent discount paying $ 0.01 as an instant payment network fees.
Transaction settles in less than 30 seconds, and Domino's Pizza promises to deliver the food packet to the customer w
U.S.-based digital asset financial services firm BitGo is partnering British insurer Llyod's of London to provide insurance protection for cryptocurrencies and digital assets such as Bitcoin held in their Business Wallet and Custody offerings. Llyod's is providing insurance for up to $100 million of custodial assets held by either BitGo, Inc., or BitGo Trust Co.
US cryptocurrrency exchange Coinbase acquired the blockchain intelligence start-up company Neutrino. Coinbase said, "By analyzing data on public blockchains, Neutrino will help us prevent theft of funds from peoples' accounts, investigate ransomware attacks, and identify bad actors". "It will also help us bring more cryptocurrencies and features to more people while helping ensure compliance wit