Crypto Market Analysis: 24th August 2020

Equity markets closed on an all-time high of 3,389.78 on Wednesday, surpassing the record of 3,386 set on February 29th. Despite this, doubts remain about the global economy, with the Federal Reserve’s meeting minutes highlighting concerns on the pandemic’s continued impact. Meanwhile, the FTSE All-Share and STOXX Europe 600 also suffered a dip. It was…

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Crypto Roundup: August 24th, 2020

Pressure is building in the crypto market, with Bitcoin lingering below $12K as positive network metrics point towards further upside. Along with Bitcoin, large-cap altcoins including Ethereum and XRP have finished the week in much the same place they started. This stagnation could be attributed to a rebound in the dollar, which found support last…

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Botnet Distributed Denial of Service Attacks are Mining for Your Bitcoin

Distributed Denial of Service is known for damaging enterprises for over $2.3 million and negatively affecting the reputation of companies that had to recover from these cyberattacks. Read more about DDoS attacks and their role in mining for Bitcoin using botnets. What is a Distributed Denial of Service Attack? Distributed Denial of Service (DDoS for short) is the type of malicious cyberattack that…

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Users React to Cardano’s First Staking Pay Out

Staking on the Cardano network got underway on July 29th with the Shelley mainnet launch. Almost a month on from that date, IOHK CEO Charles Hoskinson took to Periscope seeking community feedback on the first-ever staking reward payout, which happened yesterday. “I just wanted to make sure everyone got what they expected, the staking calculator…

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