Bitcoin failing to break past critical resistance could see the leading digital asset revisit $3k levels over the coming weeks. Bitcoin (BTC) price has gained more than 10% in the last week, giving bulls some hope that the road ahead is a bright one for the leading digital asset. However, despite an effort to blast […]
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Cointelegraph spoke to Guardicore’s Ophir Harpaz regarding the recently identified crypto mining botnet Vollgar. Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1. The threat actor, dubbed ‘Vollgar’ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows machines […]
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An SEC lawsuit against the alleged operators of a fraudulent ICO has been halted amid parallel investigation concerns. Prosecutors have paused a United States Securities and Exchange Commission (SEC) lawsuit against the alleged operators of a $30 million fraudulent ICO amid concerns that proceedings may impact the integrity of a parallel investigation into the defendants. […]
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A report made by Acuit shows that Bitcoin and Ethereum derivatives are a growing interest within institutional firms. A survey published on March 31 revealed that senior trading executives believe that large companies in the business would be interested in taking advantage of the recent crypto plunge, particularly Bitcoin (BTC). According to the Adoption of […]
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Bitcoin bulls are hoping to avoid a revisit to prices below $6,000 by attempting to push the BTC above the $6,900-$7,200 resistance zone before the weekly close. As the weekend began Bitcoin (BTC) price traded in a relatively tight range after making a second attempt at $7,000 on April 4. The digital asset surged to […]
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Seven major crypto exchanges and issuers are facing 11 new class-action lawsuits that were filed in a New York federal court on Friday. Seven crypto companies have been targeted by 11 lawsuits that were filed in a New York federal court on April 3. The suits were filed by Roche Freedman — the same law […]
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Amid growing concerns regarding the transmission of COVID-19, the Bank of International Settlements is pushing for digital currencies. The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic. The bulletin published by the BIS, a 600-member international financial institution representing […]
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Quarantined gamers are putting a strain on Microsoft’s cloud-based Blockchain platform. Microsoft has acknowledged that the quarantined gamers are putting a strain on its Azure cloud platform which is a backbone of the company’s Blockchain As a Service (BaaS) offering. In the SEC filing, Microsoft addresses the impact of “the global health pandemic” on its […]
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Nomura Research Institute launched Japan’s first blockchain bond, Zaif exchange delisted three assets, and more headlined news from Japan this past week. This week’s headlines from Japan included the country’s Financial Services Agency revealing feedback from the public on recent regulation, the Cabinet Office Ordinance announcing regulatory changes, Zaif exchange removing three crypto assets, BitBank’s […]
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Investigating the hedging abilities of Bitcoin in response to the global coronavirus pandemic crisis. The recent coronavirus outbreak has far-reaching consequences beyond the spread of the disease and efforts to quarantine it. Recently, we’ve experienced one of the most severe stock market crashes in modern times: On March 9, 2020, the Dow Jones Industrial Average […]
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