30-09-2016
12:09 pm
=

Category: Opinion

Money Mules Laundering Bitcoin ATMs

Criminals Direct Money Mules to Bitcoin ATMs to Launder Hacked Funds No Comments

Bitcoin ATMs have been relatively safe from any gang-related activity so far. That situation has come to change, as fraudsters are using these devices to launder money, according to KrebsOnSecurity. By hacking bank accounts, they deposit funds into money mules’ accounts. These mules then withdraw funds in cash and remit the stolen funds through one of the many Bitcoin ATMs available today. Cr...


Ethereum Classic Price Technical Analysis

Ethereum Classic Price Technical Analysis – Bulls Guarding 0.00198BTC No Comments

Key Highlights Ethereum classic price created a new intraday minor high against the Bitcoin at 0.00206BTC. There is a new connecting bullish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently providing support. The ETC buyers are presently guarding an important support area near 0.00198BTC. Ethereum classic is losing grip versus Bitcoin, but...


Ethereum Price Technical Analysis

Ethereum Price Technical Analysis – ETH Bulls Watch Out No Comments

Key Highlights ETH price after failing to retain the bullish bias against the US Dollar failed and moved down. Yesterday’s highlighted bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD was cleared by sellers during the recent downside. ETH bulls must trade carefully, as there is a chance of a downside move in the short term. Ethereum price was trading above...


GlassHunt Hack Karma

GlassHunt Will Not Reimburse Double-Spend Tool Users Affected By Hack No Comments

The GlassHunt Bitcoin Double Spend Tool has been quite successful so far. Many people have tried this solution in an attempt to successfully double-spend their Bitcoins. However, the service has undergone a significant setback. An unknown hacker stole nearly US$5,000 worth of Bitcoin from active users who were waiting to double spend funds. The saying “karma is a bitch” seems to apply here....


Bank Race Blockchain Integration

Banks Fall Over Themselves in Race to Integrate Blockchain Technology No Comments

Blockchain adoption by traditional financial institutions will not happen anytime soon. At least, that is the message their official spokespeople are converting to the world. But according to IBM, there has been a rush to embrace distributed ledgers and integrate them into core systems. Things are looking positive for Bitcoin technology, even though banks will not embrace the open standard. Ac...


Ethereum Classic Price Technical Analysis

Ethereum Classic Price Technical Analysis – ETC Approaching Support No Comments

Key Highlights Ethereum classic price after trading as high as 0.00204BTC against the Bitcoin started correcting lower. There is a short-term bullish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may provide support. The 0.00195BTC is a support area where the ETC buyers are likely to appear soon. Ethereum classic is currently in the bullish zone ver...


Ethereum Price Technical Analysis

Ethereum Price Technical Analysis – ETH Is In Uptrend No Comments

Key Highlights ETH price surged higher towards $13.20 against the US Dollar to form an uptrend. There is a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a support zone if the pair corrects lower. Buying dips remain a good option for ETH, as long as the price remains supported. Ethereum price traded higher versus the US Dollar and ...


Ethereum Classic Price Technical Analysis

Ethereum Classic Price Technical Analysis – ETC Just Formed Bottom No Comments

Key Highlights Ethereum classic price after forming a bottom near 0.00182BTC against the Bitcoin jumped higher. There was a sharp move higher, as the ETC/BTC pair broke yesterday’s highlighted bearish trend line on the hourly chart (data feed via Simplefx). The price is above the 100 hourly simple moving average, which is good for ETC buyers. Ethereum classic made a nice move highe...


Ethereum Price Technical Analysis

Ethereum Price Technical Analysis – Buy Dips In ETH/USD? No Comments

Key Highlights ETH price finally managed to trade higher against the US Dollar and posted a short-term break. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD was broken to clear the way for more gains. ETH/USD is now above a short-term resistance and may present another buying opportunity. Ethereum price managed to surpass a bearis...


Blockchain Caucus Bitcoin Regulation

US Politicians Form Blockchain Caucus to Create Sound Bitcoin Policies No Comments

Getting US Congress to think along the right lines for Bitcoin and blockchain regulation is not an easy feat. Thankfully, there are initiatives such as CoinCenter, which aim to bridge the gap between disruption and government. A bipartisan Blockchain Caucus has been formed, which should help establish a sound policy towards blockchain and cryptocurrency in the US. On paper, the creation of a c...


SUBSCRIBE TO OUR NEWSLETTER