Breaking: Target (yes, the retail giant) hacked to promote Bitcoin scam

Twitter cryptocurrency scammers have claimed their largest prey ever: hackers briefly hijacked the official account of American retail behemoth Target to push malicious Bitcoin BTC giveaway links to its almost two million followers. The tweet, which has since fortunately been deleted, encouraged users to send a small sum of cryptocurrency for a chance to enter a massive $30 million Bitcoin giveaway (5,000 BTC). As it always goes, instead of giving…

The Ledger: Bitcoin Predictions, Tim Draper, Elon Musk Crypto Hijackers, Stellar Lumens Giveaway

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Ethereum Price Analysis: ETH/USD Stable As Price Accumulates Inside a $30 Trade Range

Latest Ethereum News According to Vin Armani, the founder of CoinText, CoinGeek and Craig Wright have a sinister plan for Bitcoin Cash ABC and other proof of work public blockchains as Ethereum. He claims that Craig and Calvin plan to launch a 51 percent attack of the Bitcoin Cash ABC network. The Coming Hash War – A Message To Bitcoiners https://t.co/oqFUPFyx4o — Ⓥin Ⓐrmani (@vinarmani) November 5, 2018 Though it…

Commodities Firms Complete Blockchain Pilot for Black Sea Wheat

Swiss-based Transoil International and Solaris Commodities have conducted a blockchain pilot transaction of Black Sea wheat, S&P Global reports Nov. 12. Both companies are involved in the trading of international agricultural commodities like milling wheat, vegetable oil and flour. The two firms completed the pilot using the blockchain-based agri-commodities trading and financing platform of Swiss startup Cerealia. Transoil and Solaris completed a sale for a 25,000 metric ton shipment of…

Ethereum Developer: Serenity Is Moving Really Fast, Sharding By 2020

Ethereum’s Scaling Qualms Ethereum, officially launched in 2015, was first lauded as a decentralized, open-source, and public platform that would allow for on-blockchain computing and data processing. And as such, the project, which touted its blockchain as a so-called “world computer,” quickly garnered traction from every corner of the crypto industry. In a testament to its rapid rise to prominence, Ether, the native digital asset of the Ethereum ecosystem, quickly…

To Blockchain Or Not To Blockchain

A matrix showing the domain of true high-trust, low-friction structures.Author Many would argue that the enthusiasm for blockchain and cryptocurrency is waning. Indeed, according to Gartner’s hype cycle, blockchain is tumbling into the trough of disillusionment where the fleet of Lamborghini’s belonging to early crypto speculators have all but run out of fuel as cryptocurrency prices stabilize and regulators tighten their scrutiny of security-issues masking as initial coin offerings (ICOs)…

Ethereum Co-Founder Predicts A Radical Overhaul Of Society

Ethereum and ConsenSys co-founder Joe Lubin has said blockchain technology, which powers bitcoin and similar cryptocurrencies, will cause society to move from a “scarcity to an abundance mindset.” Ethereum, which is traded through the digital token ether, is an open software platform, based on the blockchain, that enables developers to build and deploy decentralized applications. Lubin believes blockchain and decentralization can help to spur innovation across all levels of society and the economy…

Binance CEO Predicts A Bitcoin And Crypto 'Bull Run'

Bitcoin and cryptocurrency holders have been waiting all year for the next bull run, hoping the bitcoin price will return to (and even exceed) the near $20,000 price per coin it reached late last year. However, the bitcoin price has been stuck in a downward trend all year—dragging the wider cryptocurrency market with it. The bitcoin price is down some 70% from its peak while the likes of other major…

Ethereum Price Analysis: ETH/USD Bullish Above $214

Key Highlights ETH price found a strong support near the $206 level and recovered against the US Dollar. There was a break above a connecting bearish trend line with resistance at $209 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently moving higher towards the $212 and $214 resistance levels in the near term. Ethereum price is trading in a range against the US Dollar…

Bitcoin Price Analysis: BTC/USD Increasing Demand ahead of BCH Hard Fork

Aside from regulatory involvement, uncertainty in other blockchains often draws demand for Bitcoin as a store of value. It did happen before and three days before Bitcoin Cash software upgrade, capital could flow into Bitcoin lifting prices above $6,600 igniting short term bulls aiming for $7,200. Latest Bitcoin News Still, Bitcoin Cash is one of the most fluid and valuable coin in the space. Though hash rates and decentralization levels…