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Blockchain Security: Preventing Fraud on Distributed Ledger Technology
The emerging distributed ledger technology industry has been threatened by various illicit activities. Here are some strategies you should know about to protect yourself.
The emerging distributed ledger technology industry has been threatened by various illicit activities. Here are some strategies you should know about to protect yourself.
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#ETHUSD UPDATE
The price is confidently holding above the $230 level. The every try to break it ends up by returning above the level. Moreover, there we can see a formation of the inverse H&S pattern, which is already sign for LONG. Final target is $249
@CryptoWorldTina
The price is confidently holding above the $230 level. The every try to break it ends up by returning above the level. Moreover, there we can see a formation of the inverse H&S pattern, which is already sign for LONG. Final target is $249
@CryptoWorldTina
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Litecoin (LTC) Lacks Momentum & Trades in a Narrow Range
Litecoin, at the time of penning down this article, was trading at 43.94 against the US Dollar and is lacking support from both 50-day and 200-day MA on the 24-hourly chart. Additionally, it was just towards the end of the previous week, Litecoin Hashrate was hitting an All-Time High.
Litecoin Hashrate is a numerical value that reckons how many hashes are mined by LTC miners who solve blocks. The present Litecoin Hashrate is 221.05 TH/s and holds a mining difficulty of 7.87 M at a block height of 1,860,187. Now, the major catch here is not the speed of mining a particular block, but how long does it take to mine a block based on its difficulty level in a constant time frame.
With this, we see an amazing rise in the trading transactions of LTC against the US Dollar but is yet to gain pace in comparison to other altcoins of the market that are just trading amazing. However, with the beginning of the trading session today, Bitcoin gained an amazing pace and is hitting above $9.4k after a brief visit around $9.59k.
LTC/USD Chart By TradingView
Litecoin is appearing flat since the previous month and has been trading in the range of $39.11 to $50.5 with an intermittent dip recorded in the ongoing month at $19.84. Having said that, the coin has rebounded amazingly well from testing support around $19 to the current trading price.
However, there has been a fine uptrend seen after the massive market crash in March, which many altcoins are exhibiting simultaneously. But, LTC has restored the trading level around which it was trading at the onset of the year against the US Dollar.
The technicals have been holding a calm notion as the 20-day Bollinger Bands laid are seen squeezing, and the price trend of Litecoin is hitting the lower band, which shows lack of intraday momentum. The coin is also lacking steady support due to intraday rejection.
Litecoin, at the time of penning down this article, was trading at 43.94 against the US Dollar and is lacking support from both 50-day and 200-day MA on the 24-hourly chart. Additionally, it was just towards the end of the previous week, Litecoin Hashrate was hitting an All-Time High.
Litecoin Hashrate is a numerical value that reckons how many hashes are mined by LTC miners who solve blocks. The present Litecoin Hashrate is 221.05 TH/s and holds a mining difficulty of 7.87 M at a block height of 1,860,187. Now, the major catch here is not the speed of mining a particular block, but how long does it take to mine a block based on its difficulty level in a constant time frame.
With this, we see an amazing rise in the trading transactions of LTC against the US Dollar but is yet to gain pace in comparison to other altcoins of the market that are just trading amazing. However, with the beginning of the trading session today, Bitcoin gained an amazing pace and is hitting above $9.4k after a brief visit around $9.59k.
LTC/USD Chart By TradingView
Litecoin is appearing flat since the previous month and has been trading in the range of $39.11 to $50.5 with an intermittent dip recorded in the ongoing month at $19.84. Having said that, the coin has rebounded amazingly well from testing support around $19 to the current trading price.
However, there has been a fine uptrend seen after the massive market crash in March, which many altcoins are exhibiting simultaneously. But, LTC has restored the trading level around which it was trading at the onset of the year against the US Dollar.
The technicals have been holding a calm notion as the 20-day Bollinger Bands laid are seen squeezing, and the price trend of Litecoin is hitting the lower band, which shows lack of intraday momentum. The coin is also lacking steady support due to intraday rejection.
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Bullish on @CryptoWorldTina
Trend Line Support
Looking to Move Towards 400 - 450 Satoshi on Next Move
Buy Zone: 330 - 350 Satoshi
2nd Zone: 280 - 300 Satoshi
Targeting: 370 - 399 - 415 - 449 - 480 - 530 - 600+
STOP at - 7% Below Buy Zone
Trend Line Support
Looking to Move Towards 400 - 450 Satoshi on Next Move
Buy Zone: 330 - 350 Satoshi
2nd Zone: 280 - 300 Satoshi
Targeting: 370 - 399 - 415 - 449 - 480 - 530 - 600+
STOP at - 7% Below Buy Zone
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Daily Bitcoin chart review 📈
At 4H timeframe Bitcoin show some bullish intentions, although at bigger timeframe still look easy to drop down below 9k.
Yesterday's gravestone doji pushed price down to 9295 support and next was bullish engulfing which "pumped" price to 9453 resistance. If it won't go through on that attempt, small pullback to 9300-9350 possible.
Above 9453 we have ~9600 and ~9745 resistance zones. These are targets for breakout impulse.
9450 9600 - 9745 - 9880
9222 - 9030 - 8888 - 8666 - 8500
@CryptoWorldTina
At 4H timeframe Bitcoin show some bullish intentions, although at bigger timeframe still look easy to drop down below 9k.
Yesterday's gravestone doji pushed price down to 9295 support and next was bullish engulfing which "pumped" price to 9453 resistance. If it won't go through on that attempt, small pullback to 9300-9350 possible.
Above 9453 we have ~9600 and ~9745 resistance zones. These are targets for breakout impulse.
9450 9600 - 9745 - 9880
9222 - 9030 - 8888 - 8666 - 8500
@CryptoWorldTina
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Nassim Taleb: "...Bitcoin is a good idea but almost all bitcoiners are total idiots..."
@CryptoWorldTina
@CryptoWorldTina
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Japan: SBI to Issue Blockchain-powered Local Gov’t Gift Certificates
SBI Holdings, a Japanese financial giant, crypto exchange operator and Ripple’s biggest Asia-based partner, is to begin developing blockchain-powered gift certificates with the Fukuoka Chamber of Commerce and Industry.
Per Fisco, via Kabutan, the initiative will be conducted in the city of Ukhia, in Fukuoka Prefecture. The Chamber of Commerce and Industry regularly issues gift certificates in an attempt to boost the local economy, but in the past has mainly done so using paper-based solutions.
However, as the coronavirus pandemic continues to disrupt life in the prefecture, the province instead wants to digitize its operations as quickly as possible – and has turned to SBI for answers.
The certificates essentially function as a type of local stablecoin – particularly popular across the sea in nearby South Korea.
Those issued with the certificates – which will be pegged 1:1 with the Japanese yen – will be able to access them via a smartphone app, featuring a QR code. Merchants in Ukhia stores will then be able to scan these codes and receive payments – with the entire process digitized and taking place on a blockchain-powered platform.
SBI says it will work with merchants on tech-related solutions, and stated,
“We will work with individual companies on regional revitalization projects by utilizing blockchain and distributed ledger technology.”
The certificates are slated for release in September this year – and will be available for use in Ukhia from October until February 2021.
SBI Holdings, a Japanese financial giant, crypto exchange operator and Ripple’s biggest Asia-based partner, is to begin developing blockchain-powered gift certificates with the Fukuoka Chamber of Commerce and Industry.
Per Fisco, via Kabutan, the initiative will be conducted in the city of Ukhia, in Fukuoka Prefecture. The Chamber of Commerce and Industry regularly issues gift certificates in an attempt to boost the local economy, but in the past has mainly done so using paper-based solutions.
However, as the coronavirus pandemic continues to disrupt life in the prefecture, the province instead wants to digitize its operations as quickly as possible – and has turned to SBI for answers.
The certificates essentially function as a type of local stablecoin – particularly popular across the sea in nearby South Korea.
Those issued with the certificates – which will be pegged 1:1 with the Japanese yen – will be able to access them via a smartphone app, featuring a QR code. Merchants in Ukhia stores will then be able to scan these codes and receive payments – with the entire process digitized and taking place on a blockchain-powered platform.
SBI says it will work with merchants on tech-related solutions, and stated,
“We will work with individual companies on regional revitalization projects by utilizing blockchain and distributed ledger technology.”
The certificates are slated for release in September this year – and will be available for use in Ukhia from October until February 2021.
Forwarded from Official VIP Group
95% of Ethereum is ready for staking as accumulation trend gains momentum
The hype surrounding Ethereum has reached a boiling point in recent times, with growing network utilization and enthusiasm surrounding DeFi providing investors with legitimate reasons to be excited about the cryptocurrency’s future.
The imminent transition to ETH 2.0 is also widely looked upon by investors as a potential catalyst for further upwards momentum in the months ahead.
Although none of these bullish fundamental catalysts have actually triggered any notable price action, analysts still believe that the cryptocurrency’s macro outlook is incredibly bright.
One newly released data metric reveals that 95% of all Ethereum in existence is ready to be staked once the transition to a Proof-of-Stake consensus mechanism is completed.
@CryptoWorldTina
The hype surrounding Ethereum has reached a boiling point in recent times, with growing network utilization and enthusiasm surrounding DeFi providing investors with legitimate reasons to be excited about the cryptocurrency’s future.
The imminent transition to ETH 2.0 is also widely looked upon by investors as a potential catalyst for further upwards momentum in the months ahead.
Although none of these bullish fundamental catalysts have actually triggered any notable price action, analysts still believe that the cryptocurrency’s macro outlook is incredibly bright.
One newly released data metric reveals that 95% of all Ethereum in existence is ready to be staked once the transition to a Proof-of-Stake consensus mechanism is completed.
@CryptoWorldTina
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Grayscale Ethereum Trust, which invests in the the world’s second-largest cryptocurrency, has tumbled more than 50% this week
@CryptoWorldTina
@CryptoWorldTina
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#BNB UPDATE
The coin is moving inside the horizontal channel. Now
Is too early for buying because the channel was formed during the down trend. Wait for the breakout and then decide.
@CryptoWorldTina
The coin is moving inside the horizontal channel. Now
Is too early for buying because the channel was formed during the down trend. Wait for the breakout and then decide.
@CryptoWorldTina
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How the COVID-19 Pandemic Will Propel Humanity 20 Years Ahead in Tech
The coronavirus outbreak may become the reason for the dramatic technological shift that will define the era.
The coronavirus outbreak may become the reason for the dramatic technological shift that will define the era.
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#TOMO 📈
This coin reached the first target point. We got almost +7% in less than a day of waiting. Continue holding this position.
@CryptoWorldTina
This coin reached the first target point. We got almost +7% in less than a day of waiting. Continue holding this position.
@CryptoWorldTina
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ETH UPDATE 📈
Ethereum was not able to break the descending trend line, which means that the priority changes to the downwards. If we see a breakdown through the level of $227.75, then the target would be $217.5.
@CryptoWorldTina
Ethereum was not able to break the descending trend line, which means that the priority changes to the downwards. If we see a breakdown through the level of $227.75, then the target would be $217.5.
@CryptoWorldTina
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USD 200m Hacker Group Targets American, Japanese Crypto Exchanges
A security firm has warned that a group of hackers named CryptoCore has been raiding crypto exchanges – and may have amassed a USD 70 million crypto pot, leaving a USD 200 million trail of damage in its wake.
Per a report from Clear Sky Security, CryptoCore is thought to comprise individuals based primarily in Eastern Europe, with links to “Russia, Ukraine or Romania” noted. The group, says the security firm, appears to mainly target crypto exchanges, and has attempted to execute the majority of its attacks in Japan and the United States.
The report’s authors said that the hackers may be hanging on to USD 70 million worth of crypto holdings from their raids since they became active in 2018. The cumulative raids total, said the firm, is around UD 200 million.
They explained,
“This group is not extremely technically advanced, yet it seems to be swift, persistent and effective, nevertheless. We assess it to be active at least since May 2018, and it maintained steady activity since then. Its activity has receded in the first half of 2020, one possible reason being the limitations induced by the COVID-19 pandemic, but it didn't stop completely.”
The hacker group uses spear-phishing attacks, says the security firm, and sends employees emails that appear to come from high-ranking exchange staff. The goal is to “gain access to cryptocurrency exchanges’ wallets, be it general corporate wallets or wallets belonging to the exchange’s employees.”
If it succeeds, the group looks to gain access to “the victim’s password manager account.” From here, they can access wallet keys. The group also uses malware as part of its campaign.
The firm says that the hackers are fast to respond to efforts to fight back.
The report’s authors stated,
“The group is generally quick to register and employ new domains and links. … In one case, a new domain was registered. We alerted the client, and within 30-40 minutes their systems identified an attack from that new domain.”
A security firm has warned that a group of hackers named CryptoCore has been raiding crypto exchanges – and may have amassed a USD 70 million crypto pot, leaving a USD 200 million trail of damage in its wake.
Per a report from Clear Sky Security, CryptoCore is thought to comprise individuals based primarily in Eastern Europe, with links to “Russia, Ukraine or Romania” noted. The group, says the security firm, appears to mainly target crypto exchanges, and has attempted to execute the majority of its attacks in Japan and the United States.
The report’s authors said that the hackers may be hanging on to USD 70 million worth of crypto holdings from their raids since they became active in 2018. The cumulative raids total, said the firm, is around UD 200 million.
They explained,
“This group is not extremely technically advanced, yet it seems to be swift, persistent and effective, nevertheless. We assess it to be active at least since May 2018, and it maintained steady activity since then. Its activity has receded in the first half of 2020, one possible reason being the limitations induced by the COVID-19 pandemic, but it didn't stop completely.”
The hacker group uses spear-phishing attacks, says the security firm, and sends employees emails that appear to come from high-ranking exchange staff. The goal is to “gain access to cryptocurrency exchanges’ wallets, be it general corporate wallets or wallets belonging to the exchange’s employees.”
If it succeeds, the group looks to gain access to “the victim’s password manager account.” From here, they can access wallet keys. The group also uses malware as part of its campaign.
The firm says that the hackers are fast to respond to efforts to fight back.
The report’s authors stated,
“The group is generally quick to register and employ new domains and links. … In one case, a new domain was registered. We alerted the client, and within 30-40 minutes their systems identified an attack from that new domain.”
Forwarded from Official VIP Group
BTC dominance made a bullish move yesterday and now pulling back. If bounce from 66 support, can continue growing. That may end bullish season for most of alts, at least those with weak fundamentals.
@CryptoWorldTina #BTCdominance #Dominance
@CryptoWorldTina #BTCdominance #Dominance
