Thursday, Jan. 17: crypto markets are stable, with major coins seeing negligible price change over the 24 hours to press time. Most of the top ten cryptocurrencies seeing only mild losses, capped within a 2-3 percent range. Almost half the coins in the top ten-twenty range have tipped slightly into green, as data from Coin360 shows. Market visualization by Coin360 After an intraweek tumble to ~$3,550 Jan. 13, Bitcoin (BTC) is down a mild 0.9 percent on the day to press time, slipping from a 24-hour high of $3,685 to its current price point around $3,630. On the week, Bitcoin …
Tuesday, Jan. 15 — all the top 20 cryptocurrencies are seeing slight to moderate gains in the 24 hours to press time. Bitcoin’s (BTC) price has approached $3,700 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is up nearly 3 percent on the day, trading at around $3,680. Looking at its weekly chart, the current price is lower than $4,060, where Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) is up just under 3 percent on the day, trading at around $0.33 at press time. On the weekly chart, the current …
Three strains of crypto mining malware have topped the latest Global Threat Index from Israeli cybersecurity firm Check Point, according to a press release published on Jan. 14. Check Point Software Technologies Ltd. is a security solution provider for governments and enterprises globally, with over 100,000 organizations reported to be currently using its security management system. As reported, stealth crypto mining attacks — also known as cryptojacking — work by installing malware that uses a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. According to Check Point’s Global Threat Index for December 2018, the top …
Top Stories This Week Altcoin Ethereum Classic Reportedly Undergoes 51 Percent Attack Earlier this week, the Ethereum Classic (ETC) reportedly underwent a 51 percent attack. In the aftermath, crypto exchange Coinbase noted that upwards of $1.1 million in crypto was double spent during the time of the deep blockchain reorganization. Coinbase and several other cryptocurrency exchanges temporarily paused deposits and withdrawals of the altcoin to prevent loss of funds. Crypto exchange Gate.io confirmed that the attack was carried out and promised refunds, stating that around 54,200 ETC in total (worth around $271,500 at the time) was transferred during the attack. …
Friday, Jan. 11 — after a major price rout yesterday, many cryptocurrencies are today clawing back lost ground, with most of the major coins tipping back into the green, as Coin360 data shows. Market visualization from Coin360 Top cryptocurrency Bitcoin (BTC) has stabilized around $3,700 to press time, seeing a slight 1 percent recovery over the past 24 hours. Yesterday, Jan. 10, Bitcoin fell sharply in value from ~$4,000 to ~$3,650 — an over 8 percent intraday loss. Having reclaimed the $4,000 mark Jan. 6 — which it comfortably held for several days — the fresh downturn has brought Bitcoin …
CEO and co-founder of Goldman Sachs-backed crypto finance company Circle has said the biggest regulatory hurdle facing crypto today is the lack of clarity from the United States securities regulator over how to define various crypto assets. Jeremy Allaire made his remarks in an AMA reddit thread he initiated on Jan. 10 together with Circle co-founder Sean Neville and other representatives from the firm. In response to a question over Circle’s efforts to educate regulators like the Securities and Exchange Commission (SEC) about the crypto industry, as well as specific challenges the company faces, Allaire wrote: “The biggest and most …
Cryptocurrency mining malware is responsible for less of the supply of altcoin Monero (XMR) in circulation than previously thought, new research published Jan. 3 claims. A joint effort by researchers at King’s College London and Carlos III University in Madrid, Spain, the study analyzed huge swathes of malware over a twelve-year period. “In this paper, we conduct the largest measurement of crypto-mining malware to date, analyzing approximately 4.4 million malware samples (1 million malicious miners),” authors Sergio Pastrana and Guillermo Suarez-Tangil confirm. According to their calculations, Monero, which continues to be a favorite target for malicious mining operations, has an …
Wednesday, Jan. 9 — crypto markets are continuing to show mixed signals, with most of the top market cap coins seeing mild changes both red and green. Bitcoin (BTC) is holding justabove the $4,000 mark, as Coin360 data shows. Market visualization from Coin360 Top cryptocurrency Bitcoin (BTC) has been jaggedly trading sideways over the past three days, and is currently down a mild 1.4 percent on the day, trading at $4,048. Having broken the $4,000 resistance on Jan. 6, Bitcoin spiked to around $4,100, subsequently continuing to fluctuate range bound between $4,000 and $4,100. As compared with its lower price …
Tuesday, Jan. 8 — crypto markets are seeing mixed signals, according to data from Coin360, after a day mostly in the green. Bitcoin (BTC) still remains above current psychological barrier of $4,000, while some of the other major cryptocurrencies see mild losses. Market visualization from Coin360 Bitcoin has not dipped below the $4,000 mark for almost two days now, reaching up to $4,109 today. As of press-time, the leading coin is trading at about $4,050. Bitcoin 7-day price chart. Source: CoinMarketCap Bitcoin Price Index Ethereum (ETH) still occupies the leading position among the altcoins, losing around 1 percent on the …
Temporary volatility hit Monero (XMR) over the weekend after a gaming company chief said it accidentally began accepting the privacy-focused altcoin for payments Jan. 5. Epic Games, which developed the popular video game Fortnite, had opened an official merchandise store, Retail Row, in December. According to Epic’s CEO Tim Sweeney, Monero had entered the store’s suite of payment options “somewhere along the way” but was unintentional, with staff subsequently removing it over the weekend. “We worked with a partner to open a merchandise store, and somewhere along the way Monero payment was enabled,” he wrote on Twitter Saturday. “Many of …
Friday, Jan. 4 — after crypto markets tipped back into red yesterday, most cryptocurrencies are today seeing some further corrections. All of the top twenty coins by market cap are seeing tempered losses on the day, as data from CoinMarketCap shows. Top cryptocurrency Bitcoin (BTC), a day after the tenth anniversary of its genesis block, is down over 2 percent over the 24 hours to press time, and is currently trading around $3,798. The coin has failed to break back above the $4,000 price point, despite several bursts of growth over the course of the past week — and has …
Thursday, Jan. 3 — after some positive inklings of growth earlier this week, crypto markets have today dipped back into the red, with most of the top twenty cryptocurrencies by market cap seeing losses capped below 6 percent, as data from CoinMarketCap shows. TRON (TRX) is one of the only outliers among the top coins and the strongest top twenty performer on the day, up just 1 percent. The market is evidently responding positively to news that stalwart peer-to-peer torrent client BitTorrent has launched a TRON-based native token for its users — the company’s first major move to tokenize its …