MongoDB suffered a “Wiping & Ransom” attack that wiped around 22,900 unsecured databases. Cross-platform database company, MongoDB, is the latest victim of a cybercriminal attack. This attack has infiltrated 22,900 unsecured databases by wiping their contents. The gang behind the attack has since requested Bitcoin (BTC) payments in exchange for a backup of the data. […]
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Blockchain is a revolutionary technology swiftly disrupting many industries, and it could answer some of the most pressing efficiency concerns in the corporate world today. Digital technologies are entering every aspect of our life at a steady pace. However, according to predictions from Huawei in collaboration with Oxford Economics, the digital economy is expected to […]
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Zhao Dong was taken in custody by the police with no official statement as to his detention. Reports circulating in Chinese media allege that Zhao Dong, head of the over-the-counter (OTC) crypto lending platform RenrenBit, has been detained by local police. The validity of these reports is not known at this time. Some say Dong […]
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The stock price of Tesla surpassed $1,200 in pre-market, and is now 30% higher than the market cap of Bitcoin. The stock price of Tesla (TSLA) surpassed $1,200 in pre-market, achieving a market capitalization of over $220 billion. Now, the most valuable car company in the world is worth 30% more than the entire market […]
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Stocks and Bitcoin prices could correct sharply if Dr. Anthony Fauci’s dire coronavirus warning plays out. Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases and a key member of the White House coronavirus taskforce, says the number of daily infections in the U.S. could reach 100,000 per day if […]
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Before crypto analyst PlanB released another ‘red dot’ for its stock-to-flow chart, critics of the prediction model were voicing skepticism. Prominent members of the crypto community continue to express skepticism over the stock-to-flow (S2F) chart, a Bitcoin (BTC) price prediction model recently revised by analyst PlanB. Nico Cordeiro, CIO at crypto quant fund Strix Leviathan, […]
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Bitcoin and gold denominated stock market performance wipes out almost any hint of recovery since March. Bitcoin (BTC), in fact, crushed stock markets during the Covid-19 recovery with equity “growth” simply down to inflation, fresh data argues. Charts showing stocks denominated in gold and Bitcoin in 2020 show that far from having their best quarter […]
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A court has likened Coinbase to a “traditional bank” in rejecting an appeal from a convicted child porn purchaser who appealed using the Fourth Amendment. A three-judge panel has ruled that FBI agents who subpoenaed Coinbase records to show a man had used Bitcoin to access child pornography did not violate his Fourth Amendment rights. […]
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A deepening monetary crisis has seen Lebanon’s national currency plummet a further 50% over the last ten days to reach parity with a single satoshi. Lebanon’s national currency continues to shed value amid the country’s deepening monetary crisis, with unofficial reports indicating that the Lebanese pound, or lira, has lost 50% of its purchasing power […]
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A report released by crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of […]
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