Monthly Archives: July 2020

Exchange Activity Explodes Following Bitcoin’s $10K Breakout

On-chain exchange activity exploded during Bitcoin’s recent breakout, seemingly confirming the legitimacy of the price momentum. Bitcoin’s (BTC) recent breakout was accompanied by a massive spike in on-chain exchange volume activity, according to data from Glassnode. On-Chain exchange activity. Source: Glassnode. Unlike regular trading volume that is often artificially inflated by the exchanges, on-chain activity may be more indicative of the true patterns. Interestingly, the only metric that experienced a downward trend is the number of exchange deposits. This may be a bullish sign in its own […]

More info

Ransomware Victims Are Fighting Back Against Their Attackers and Winning

The initiative launched by Europol has stopped $630M+ in ransomware demands since 2016. The No More Ransom decryption tool repository, an initiative launched by Europol to combat ransomware attacks, has saved individuals $632 million in ransom demands since 2016. According to the announcement published by Europol, the repository is celebrating its fourth anniversary. Over the past four years, the repo has gathered over 4.2 million visitors from 188 countries thanks to a compilation of tools from 163 partners. The initiative’s website lists 100 different tools covering 140 […]

More info

Almost 1 Million Bitcoin is Held by Darknet Markets, Scammers & Thieves

According to Chainalysis, almost one million Bitcoin is held by Dark Web markets and cybercriminals, with crypto exchanges playing a pivotal role in the space. According to Chainalysis, almost one million Bitcoin (BTC) is held by illicit actors in the space with over half being held by darknet markets. Bitcoin held by illicit entities. Source: Chainalysis. Illicit markets currently have 585,000 BTC in their possession, scams have 99,000 BTC, stolen funds constitute another 205,000 BTC, and all others hold an additional 3,000 BTC — a grand total […]

More info

Brave Browser Brings New Level of Security to iOS users

Brave Browser takes the security and privacy of iPhones and iPads to the next level by partnering with Guardian, provider of VPN and Firewall services. July 27, Brave Software partners with Guardian to bring greater levels of security and privacy to the iPhone and iPad users. This partnership will combine the privacy stack of the two companies — Brave’s privacy focused browser with Guardian’s VPN and firewall service. The iOS users of Brave Browser will be able with one click to turn on Brave Firewall + VPN […]

More info

Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit

U.S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U.S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. The bailout is intended to cushion families against the covid-19 fallout. Instead of buying groceries or paying rent, many Americans opted to invest in the top cryptocurrency when they received their first stimulus checks in April. And the gamble — ditching inflationary government money for deflationary crypto — is paying off. […]

More info

Hoskinson AMA Reveals Details of Cardano Foray into Africa

In a recent YouTube AMA, Charles Hoskinson gave an update on the promotion of Cardano across the African continent. Charles Hoskinson, CEO of Cardano (ADA) developers IOHK, took to YouTube on July 25 for one of his regular ask-me-anything sessions. Among a wide range of topics covered, Hoskinson gave details about the status of a number of tenders aimed at making inroads into Africa. Can’t win ‘em all Hoskinson admitted that IOHK had been underbid on its primary tender, to facilitate a fertilizer voucher scheme for farmers […]

More info

Huawei Files for a Storage-Related Blockchain Patent

Huawei strengthens its blockchain adoption campaign by applying for new storage-based Blockchain patents. Chinese tech giant Huawei recently applied for a new patent related to blockchain technology which deals with storage methods and devices. Huawei holds a number of other relevant patents, covering topics like Blockchain-based settlement methods. According to the Chinese corporate database, Tianyancha, the smartphone manufacturer filed for a “blockchain ledger storage and device,â€� patent on January 17, 2019. The application announcement date at the time was set for July 14. The government of the […]

More info

Garmin Could Face Sanctions if $10M Ransom is Paid

The leader of the cybercriminal group Evil Corp reportedly led the attack against Garmin. Garmin, a multinational tech company, has been operating at less than full capacity following a ransomware attack launched by the Russian cybergang, Evil Corp. Garmin is being extorted for a $10 million ransom, to be paid in cryptocurrency. According to a report published by Bleeping Computer, an unidentified Garmin employee confirmed that the WastedLocker ransomware took down the company’s customer support services, navigation solutions, and other aspects of the U.S.-based firm. The leader […]

More info

Smart Contract Language DAML Is Now Available on R3’s Corda

R3’s widely-used open source blockchain platform Corda now supports the DAML smart contract language. DAML, a major smart contact language designed for building business-level blockchain applications, has been integrated with R3’s blockchain. Developed by United States’ blockchain startup Digital Asset, DAML, or Digital Asset Modeling Language, is now available on R3 commercial blockchain platform, Corda Enterprise. A cross-platform alternative to Corda’s native programming language In order to bring the cross-platform language to the Corda platform, Digital Asset partnered with international tech firm IntellectEU, the firm announced on […]

More info

Price Analysis 7/27: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, BNB, EOS

Bitcoin has made a decisive move above $10,500, which is likely to boost sentiment and pull several altcoins higher. Gold made a new lifetime high today, eclipsing the previous high made in 2011. This is possibly the result of investors buying the asset as a way to hedge against the possible debasing of fiat currencies due to the huge stimulus packages announced by various central banks around the world.  To date, gold has rallied just over 26% under very favorable circumstances, while Bitcoin (BTC) is up about […]

More info
1 2 3 4