Monday, May 27Your Daily Bitcoin & Altcoin News Portal
App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns

App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns

BITCOIN
Please share if you find this article interesting. App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns An app that claims to give users the chance to earn $45 a day in free bitcoin (BTC) is a scam, according to a tweet by an “independent malware hunter” posted on May 20. The software, known as Bitcoin Collector, is advertised on a website that supposedly enables users to share a unique URL with their friends with payouts of 3 ether (ETH) (worth about $800 at press time) for every 1,000 people who click on it. But according to a security researcher who goes by the nickname Frost on Twitter, the app is a front for attempts to steal login credentials and money. At first, downloading the software launched ransomware that warned users all of their information
CryptoGirl
Deutsche Telekom Unit to Cooperate With Binance-Listed Project on Autonomous IoT Network

Deutsche Telekom Unit to Cooperate With Binance-Listed Project on Autonomous IoT Network

BITCOIN
Please share if you find this article interesting. Deutsche Telekom Unit to Cooperate With Binance-Listed Project on Autonomous IoT Network A unit of German telecom giant Deutsche Telekom will work with Binance-listed project Fetch.AI (FET) to develop decentralized IoT network innovations, according to a press release shared with Cointelegraph on May 22. Fetch.AI, a Cambridge-based tech startup, has signed a memorandum of understanding (MoU) with Deutsche Telekom’s T-Labs to build and implement autonomous agents (AEAs) on the Fetch.AI test network in order to integrate them into Internet of Things (IoT) device communications. The new partnership intends to find out how AEAs can be incorporated into IoT devices in order to provide them with the authority and autonomy to operate wi
CryptoGirl
Bitcoin Price Backs Off 12 Month Highs, But Bias Remains Bullish

Bitcoin Price Backs Off 12 Month Highs, But Bias Remains Bullish

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Price Backs Off 12 Month Highs, But Bias Remains Bullish View Bitcoin has retraced slightly from the one-year high of $8,940 reached earlier today. Any pullbacks could be short-lived, however, as buying pressure is currently the strongest in over five months, according to a weekly chart indicator. A pennant breakout on the daily chart indicates scope for a rally to $10,000 in the near-term. On the way higher, BTC may encounter resistance at the key Fibonacci level of $9,442. The bullish case would weaken if prices fall back below $8,000 in the next day or two. Bitcoin (BTC) has pulled back from 12-month highs hit earlier today. However, the bulls are still firmly in control, with the price holding well above key support a...
CryptoGirl
Unconfirmed: Telegram’s TON Testnet Blockchain Light Client Uploaded to GitHub

Unconfirmed: Telegram’s TON Testnet Blockchain Light Client Uploaded to GitHub

BITCOIN
Please share if you find this article interesting. Unconfirmed: Telegram’s TON Testnet Blockchain Light Client Uploaded to GitHub A GitHub user seeming uploaded the first version of the Telegram Open Network (TON) blockchain light client on May 25. Per the readme information file on GitHub, the client — if configured properly — connects to a full node for the TON blockchain testnet and sends some queries to it. The apparent existence of a testnet is in line with reports released in April, according to which Telegram opened access to a testing version of the TON Blockchain to a limited number of global developers, including Russian development teams. The document also refers to what appears to offer the same content of the GitHub repository present on the test.ton.org domain. This
CryptoGirl
Yahoo! Japanese Cryptocurrency Exchange Taotao Confirms May 30 Launch

Yahoo! Japanese Cryptocurrency Exchange Taotao Confirms May 30 Launch

BITCOIN
Please share if you find this article interesting. Yahoo! Japanese Cryptocurrency Exchange Taotao Confirms May 30 Launch Japanese cryptocurrency exchange Taotao will launch its trading service on May 30, Cointelegraph Japan reported Monday, quoting a social media update. Taotao, which is 40% owned by internet giant Yahoo! Japan’s YJFX, will initially offer trading in bitcoin (BTC) and ether (ETH). Margin trading will also be available in litecoin (LTC), XRP and bitcoin cash (BCH) in addition to BTC and ETH. The start date brings to a close a year-long process since Yahoo! Japan closed the 40% percent equity deal in the exchange, then called BitARG, in April 2018. The company paid a rumored 2 billion yen for the stake, which comes amid increasing interest in the Japanese exchange
CryptoGirl
Bitcoin Hits Highest Price Point in Over a Year, Pushing Toward $9,000

Bitcoin Hits Highest Price Point in Over a Year, Pushing Toward $9,000

BITCOIN
Please share if you find this article interesting. Bitcoin Hits Highest Price Point in Over a Year, Pushing Toward $9,000 Monday, May 27 —  following a mild correction yesterday, the crypto markets have seen strong positive momentum today, with bitcoin (BTC) soaring to its highest price point in over a year. Virtually all of the top 50 cryptocurrencies are seeing solid green, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin has reported over 9% in growth on the day and is trading at $8,727 by press time. Having briefly dipped below $8,000 yesterday, May 26, the top coin saw a sharp rally kick in towards the evening. Bitcoin has seen considerable volatility this week, posting an intra-week low of around $7,550 on May 23 before surging to today’s new price p
CryptoGirl
Cryptopia Liquidator Files for User Data Protection at US Court as Process Continues

Cryptopia Liquidator Files for User Data Protection at US Court as Process Continues

BITCOIN
Please share if you find this article interesting. Cryptopia Liquidator Files for User Data Protection at US Court as Process Continues Liquidators of defunct New Zealand cryptocurrency exchange Cryptopia have applied to secure user data stored in the United States as part of refund proceedings, a statement confirmed on May 27. Cryptopia, which suffered a hack in January, has spent months cooperating with law enforcement worldwide in an effort to control stolen funds worth around $16 million. The exchange appointed Grant Thornton to lead the liquidation, which confirmed it had applied for urgent interim relief at the Bankruptcy Court in the Southern District of New York on May 24. The filing further requests the U.S. recognize the New Zealand liquidation process. “We took these s
CryptoGirl
Public Perceptions of the Bitcoin Spot Market Are Wrong, Says Bitwise

Public Perceptions of the Bitcoin Spot Market Are Wrong, Says Bitwise

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Public Perceptions of the Bitcoin Spot Market Are Wrong, Says Bitwise Today’s bitcoin spot market is “significantly smaller and significantly more efficient” than is generally perceived, argues Bitwise Asset Management. In a white paper presented as comment to the U.S. Securities and Exchange Commission (SEC) on Friday, Bitwise said the quality of the bitcoin spot market and the strength of arbitrage in that market has “improved dramatically” since the start of 2018. The average deviation of bitcoin’s price on the 10 “real” bitcoin exchanges, as measured against the consolidated price, shows a downward trend, indicating increasingly efficient arbitrage between the various exchanges, the firm said. “This comes despite high volatil
CryptoGirl
SBI Virtual Currencies: The Bank-Backed Japanese Exchange With Big Plans

SBI Virtual Currencies: The Bank-Backed Japanese Exchange With Big Plans

BITCOIN
Please share if you find this article interesting. SBI Virtual Currencies: The Bank-Backed Japanese Exchange With Big Plans Japan has been a land of firsts when it comes to crypto, even if "Satoshi Nakamoto" isn't really Japanese. It's the country where Mt. Gox — the first major crypto exchange — was based, as well as the first nation to accept bitcoin as legal tender. And last July, it became the first country to host a bank-owned cryptocurrency exchange, when financial services giant SBI Holdings launched the SBI Virtual Currencies (SBIVC) platform. At the time of its launch, SBIVC — called VCTRADE at the time — enabled trades in only XRP, bitcoin (BTC) and bitcoin cash (BCH). Yet, as limited as it may have been, its attachment to the SBI stable meant that it benefited from acc
CryptoGirl
China Releases New Crypto Rankings – Bitcoin News

China Releases New Crypto Rankings – Bitcoin News

BITCOIN
Please share if you find this article interesting. China Releases New Crypto Rankings - Bitcoin News China’s Center for Information and Industry Development has released its latest rankings of 35 crypto projects that were evaluated over the past two months. While several top positions remain unchanged, Bitcoin has climbed up the overall ranking. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request New Rankings From China The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released the 12th update of its crypto project rankings Thursday. The number of projects evaluated was unchanged from the previous rankings published in March. The center also announced that starting this month the