Sunday, Dec. 16: the top 20 cryptocurrencies are all in the green, seeing a mix of slight to solid gains, with Bitcoin (BTC) hovering over $3,200.Market visualization from Coin360At press time, Bitcoin is up a little less than two percent over the last 24 hours. On the weekly chart, the current prices are slightly higher than the lowest point, registered on Dec. 15.Bitcoin 7-day price chart. Source: CoinMarketCapRipple (XRP), the second largest cryptocurrency by market capitalization, gained over two percent in the last 24 hours. It started the day at $0.283 and is currently trading around $0.29, near its mid-day highest point of $0.294.On the weekly chart, the current price is moderately higher than the lowest registered in the past seven days, equivalent to $0.282. Moreover, the current ...
Friday, Dec. 7 — Crypto markets have today again taken a major downturn, with virtually all of the major coins by market cap seeing double digit losses. Some coins are down by over 20 percent, as data from Coin360 shows.Market visualization by Coin360Bitcoin (BTC) has taken a steep hit of over 11 percent on its 24-hour chart, and is trading at $3,400 as of press time. Having attempted to reclaim ground above the $4,000 price point in early December — to briefly trade close to $4,300 — the top coin’s recovery has failed to hold, and the asset has seen stepped losses in the days before today’s dizzying tumble.On the week, Bitcoin is now down by around 20.5 percent; monthly losses are at a severe 47.3 percent.Bitcoin 7-day price chart. Source: Cointelegraph’s Bitcoin Price Index.Second-larges
Every cryptocurrency project is only as strong as its network. Service nodes play a major role of importance in this regard. For NEO, a project gaining a lot of attention lately, things are not looking too great. Researchers confirm the existence of a major bug which can allow criminals to steal wallet funds.NEO Node Configuration IssueEveryone running a cryptocurrency node needs to configure that setup accordingly. Relying on default settings is always akin to asking for trouble. This is a general rule of thumb in the world of software and technology. Owners of a NEO node may want to take special notice in this regard. The default setup can expose wallet funds to remote attacks.This issue was discovered by Tencent’s security lab. The Chinese tech giant wants to help companies improve upon
A post on Chinese microblogging website Weibo has revealed that certain NEO users may be affected by a critical software vulnerability that could potentially lead to loss of tokens. The bug was reportedly discovered by another Chinese company, Tencent Security. According to the post, the vulnerability is limited to NEO and GAS users that have set up a network node with the default configuration. Node maintainers fitting this description could potentially have their cryptocurrency remotely stolen when they access their NEO wallet. Outdated Software to Blame Tencent has warned NEO users and, in particular, node owners to check their client versions, update any wallet software on their devices and keep track of ‘abnormal transfer behavior’. The NEO development team has reportedly been notifie
Monday, Dec. 3 — Crypto markets have today again taken a major downturn, with all of the major coins by market cap seeing significant losses of within a 4 and 10 percent range, as data from Coin360 shows.Market visualization by Coin360Bitcoin (BTC) has dropped below the $4,000 price point, down about 7 percent on the day to trade at $3,868 at press time. Despite rebounding to as high as $4,400 Nov. 29, the top coin has today seen a drop from a 24-hour high of around $4,135 to as low as $3,846 in recent hours. Having lost its midweek gains, Bitcoin is breaking more or less even on its 7-day chart, up by just a fraction of a percent; monthly losses are at a stark 39.6 percent, according to Cointelegraph’s Bitcoin Price Index.Bitcoin 7-day price chart. Source: Cointelegraph’s Bitcoin Price I
Crypto markets predictably dumping this weekend, Bitcoin SV, Cardano and Neo getting hurt.As predicted crypto markets have dumped again after a few days of solid gains and the dead cat has bounced. Over $10 billion has flooded out wiping out all progress made this week. Total market capitalization is back below $130 billion and heading south again.Bitcoin led the lemmings once again when it plunged almost 9% from $4,300 to a low of $3,940 a few hours ago. BTC has since recovered to back around the $4,000 level but further losses are likely. Ethereum tumbled in predictable fashion with a loss of over 6% to a $112 low for the day where it currently trades.Altcoins are all bleeding again during Asian trading today. Bitcoin SV dropping the most with over 12% down towards $90, its brother BCH n...
Cryptocurrency markets are recovering from their recent mini crash today, Nov. 16, with only Bitcoin Cash (BCH) going against a trend which saw assets gain as much as 4.3 percent in 24 hours.Market visualization. Source: Coin360The fallout from turbulence over BCH’s controversial hard fork, which occurred Thursday, Nov. 15, appeared not to last, with Bitcoin (BTC) recovering a modest 1.35 percent Friday to trade around $5,590 by press time.The largest cryptocurrency had fallen hard in the hours leading up to the hard fork, at one point trading as low as $5,146 according to data from Cointelegraph’s price tracker, Coin360, CoinMarketCap, and Bitcointicker.A full correction, one analyst has warned, could nonetheless take “weeks or months” to solidify.Bitcoin 7-day price chart. Source: Cointe
Hong Kong-based international cryptocurrency exchange KuCoin has closed a Series A funding round worth $20 million, the company confirmed Nov. 14.Led by IDG Capital, Matrix Partners and Neo Global Capital, the funds will go towards the release of KuCoin’s 2.0 platform, expansion into new markets, research and more.“We will continue to spare no effort in exploring the best hidden gems in the crypto world while growing exponentially on a global scale and, more importantly, solidifying our position as ‘The People’s Exchange,’” officials commented in the release.Strategically affiliated with Chinese blockchain platform NEO, Neo Global Capital has made various investments in blockchain startups in recent months, including South Korean music project Muzika in September.KuCoin marks a further ste
Malware researcher Lukas Stefanko has found four fake cryptocurrency wallets on the Google Play Store that were trying to steal users’ personal data, according to a blog post published Nov. 13.The apps were posing as cryptocurrency wallets for NEO, Tether and an extension for accessing Ethereum (ETH), MetaMask. They were purportedly designed to phish users’ mobile banking credentials and credit card information.Stefanko classified the wallets into two groups, wherein the fake MetaMask app was a “phishing wallet” and the other three apps were “fake wallets.” Once the phishing app is installed and launched, it requests the user's private key and wallet password.In a video attached to the blog post, Stefanko explained his research into the “fake wallets,” noting the example of the fake NEO ap
Wednesday, Oct. 31: after a couple of days of mild losses, crypto markets have today stabilized, with most of the top twenty cryptocurrencies by market cap seeing slight fluctuations capped within a 2 percent range.Market visualization by Coin360On the 10th anniversary of the publication of its white paper on Oct. 31, 2008, Bitcoin (BTC) is today up under one percent, trading just above $6,300 at press time. Before sustaining mild losses Oct. 29-31, Bitcoin had been trading within a tightly range bound between $6,400-$6,500, prompting multiple crypto sphere commentators to remark on its new quasi stablecoin-like trading patterns.Earlier this month, the top coin sealed a 17-month low volatility rate, recording its highest level of stability since mid-2017: the trend continued before this we...