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Month: November 2017

Bitcoin Cash Price Technical Analysis – BCH/USD Settles Below $1400

Key Points Bitcoin cash price is under pressure and it recently traded below the $1240 support against the US Dollar. There are two bearish trend lines forming with resistance near $1350 and $1480 on the hourly chart of BCH/USD (data feed from Kraken). The price is currently struggling to recover above the $1350 level and … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Settles Below $1400

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Malicious Bitcoin Wallet Generation Software Could Produce Known Private Keys

An anonymous user on Pastebin has provided evidence that some wallet software may be generating private keys that can be easily discoverable, and therefore easy to take any bitcoins associated with that address. There has been no word on what wallet software is possibly affected, nor if this is a malicious act or a simple coding error. TL;DR – Scroll to the last subsection What is a Private  Key? I’m going to give a little

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CryptoKitties Game Launches On The Ethereum Blockchain

CryptoKitties is an interesting new gaming experiment for desktop computers, allowing users to breed, collect and trade virtual cats on the Ethereum Blockchain.   Cats and the internet would appear to be synonymous, so it comes as no surprise to see cutting edge technology and technologists embracing our feline friends as part of their development focus. CryptoKitties, which launched earlier in the week attempts to gamify the experience of using the Ethereum blockchain, aiming to

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Ethereum Remains Above Key Support After Breaking $500

Along with Bitcoin, Ethereum had a crazy day this week. Although Ethereum had a more predictable correction right to the previous resistance level of 395. We were expecting the pullback because Ethereum tends to have a pullback every time it reaches new highs. ETH/USD Technical Analysis ETH/USD reached a new high of $480 last week. … Continue reading Ethereum Remains Above Key Support After Breaking $500

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ICOBox’s Clients Have Raised $200 Million through ICOs

ICOBox, a premier provider of fixed-price SaaS ICO solutions founded earlier in 2017, has helped its clients collect over $200 million via their ICOs in the first five months of its operations. And there’s more to come – a number of ICOs are still in progress, so the final total will be even higher. Although the advent of ICO technology has significantly simplified and streamlined the process of finding supporters, it still requires significant resources.

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ECB Tells Banks to Implement Instant Payments in Order to Compete with Bitcoin

Banks and financial institutions might need to embrace instant payments and bank transfers in order to be able to compete with Bitcoin and other cryptocurrencies. Competing with Cryptocurrencies One of the main reasons why cryptocurrencies have gained such popularity is their ability to instantly send payments worldwide cheaply and quickly – usually within a couple minutes. Banking transfers currently require 2-3 days to process and often times are more expensive than Bitcoin transfers. Many experts believe

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Libra Just Made It Easier For Exchanges To Remain Tax Compliant

As Bitcoin breaches fresh all-time highs, compliance with the tax authorities becomes a confusing, yet key, priority for anyone booking profits.  The Tax Man Cometh With Bitcoin having broken the $10,000-mark yesterday and currently sitting just shy of that level as of the start of play on Thursday, many holders will be considering cashing out some of their portfolios and converting it to fiat so as to book profits on their longer-term coins. Sure, the longer term hodlers

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VLB can make your car repair more reliable using the blockchain

The National Insurance Crime Bureau (NICB) lists a number of scams and frauds that are rife in the automotive repair industry. These frauds transcend dangerous and life-threatening issues such as Airbag fraud, windshield glass fraud to bandit tow trucks that transport your vehicle to dodgy repair shops. There is no shortage of problems in the … Continue reading VLB can make your car repair more reliable using the blockchain

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FANG Stocks Lose Nearly $60 Billion as Bitcoin Claws its Way to the $10k Mark

While the world (or at least most of it) was watching Bitcoin’s roller coaster ride into 10k territory, FANG stocks collectively lost nearly 20 times as much as their Bitcoin counterparts through their biggest market cap drop yet. The hours leading up to Bitcoin’s historic five-figure milestone were filled with hope, excitement, and probably a few sour grapes for those ever-present cynics. Even though the currency reached this milestone, it continued its trademark volatility, flirting

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