New malware can secretly mine Monero and steal sensitive data from victims’ devices. The technical picture implies that XMR bulls hit the brick wall. The researchers from Unit 42, the global threat intelligence team at Palo Alto Networks, discovered a new version of cryptojacking malware for named Black-T. The virus is created by a group known as TeamTnT specializing in stealing Amazon credentials and mining Monero (XMR) on the infected device. The new… Source link

CoinDesk is preparing for invest: ethereum economy with a special series of newsletters focused on Ethereum’s past, present and future. Every day until the event, the team behind Blockchain Bites will dive into an aspect of Ethereum that excites or confuses them. The Top Shelf news you subscribed to is down below.  Now a few words from CoinDesk’s Managing Director of Events Aaron Stanley: Making consensus The meaning of developmentThe exploding popularity of decentralized finance, be… Source link

Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with information concerning the recipients. Estimates say, in 2020 alone, the U.S. has created 22% of all the USD issued since the birth of the nation. The U.S. Federal Reserve has printed massive… Source link

The Crypto for Congress initiative has launched. All members of Congress will be given bitcoin as campaign contributions to help them learn about cryptocurrency. The initiative is supported by Congressional Blockchain Caucus members, including pro-crypto Representatives Darren Soto and Tom Emmer. Each Congress Member Receiving Bitcoin Contribution The “Crypto for Congress” initiative has launched, the Chamber of Digital Commerce announced Monday. “Today, all members of the United States… Source link

Bitcoin (BTC) whale clusters point toward three critical price levels to maintain a bullish market structure in the near term. Whale clusters form when large investors purchase Bitcoin and do not move it, making it an unspent transaction. These clusters typically indicate where crucial support levels exist and the logic is that BTC needs to maintain this level to see a prolonged rally. According to data from Whalemap, the three important support levels marked by whales are $10,407, $10,570,… Source link

A well-known analyst and trader in the crypto industry says several of the largest and most well-known cryptocurrencies will be surpassed by a new breed of digital assets. Michaël van de Poppe says the space is undergoing a couple of pivotal changes will trigger a major shakeup in the list of cryptocurrencies by market cap. “I think we’re in a double-transition phase. The first one is the transition from the wild west towards a mature and regulated… Source link

Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative” and those levels should hit in less than two years. That was according to Blockstream CEO Adam Back, who delivered a fresh bullish BTC price outlook on Oct. 5. Back was responding to a report by Yassine Elmandjra, a crypto-asset analyst at investment advisor ARK, who in September forecast a Bitcoin market cap of $1–5 trillion by 2030 at the latest. ARK is well known for its enthusiastic price forecasts for Tesla… Source link

Tether’s Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows. According to the data, USDT now accounts … read more. New Zealand Tax Agency Asks Crypto Firms to Hand Over Clients’ Personal Data The Inland Revenue Department (IRD) of New Zealand has requested that crypto… Source link

There is growing speculation that 150,000 Bitcoin (BTC) from the Mt. Gox trustee could move on Oct. 15. But many factors suggest that is highly unlikely given past records. Between 2011 and 2013, Mt. Gox lost 850,000 BTC in the biggest hacking attack in Bitcoin history. The trustee reportedly has 150,000 BTC to repay users who lost their funds from the breach. Yet, there are many hurdles to undergo before the refunds can be issued. The refund process has been continuously delayed since 2019,… Source link

Bitcoin (BTC) rose to highs of $10,730 before settling lower on Oct. 5 as markets fluctuated in line with United States President Donald Trump contracting COVID-19. Cointelegraph takes a look at the factors set to influence BTC price action this week, as the virus and its consequences dictate the macro mood. Trump health sends markets higher President Trump buoyed markets late Sunday as traders priced in the possibility that he would leave hospital on Monday after treatment for COVID-19. Futures… Source link