An advanced malware is utilizing messages hidden within Bitcoin‘s blockchain transactions. These messages send signals to a botnet army ready to attack at command. How exactly is this malware using Bitcoin’s blockchain and why? Glupteba, The Malware-Installing Trojan From 2011 That Uses Blockchain To Command An Army Glupteba, a backdoor Trojan designed to install malware on unsuspecting computers, has also been using Bitcoin in an unusual way. It was initially distributed in 2011, as “a secondary payload by the Alureon Trojan in order to push clickjacking contextual advertising.” Later, in 2014, it was used as part of “Operation Windigo” – a highly sophisticated attack involving thousands of compromised Linux systems. Once the malware is installed, the compromised computer is then added to a botnet … [Read More...]
Economist Warns of Warp Speed Dollar Decline, How Will Bitcoin Respond?
The United States is in turmoil, and the dollar is weakening slowly, but steadily. But an economist is warning that the decline may soon kick into warp speed. If it does, what might that mean for Bitcoin? Warp Speed Dollar Decline Could Lead Bitcoin To Take The Throne The United States has long enjoyed its role as an economic superpower. Its been almost 100 years since the dollar became the global reserve currency, fueling financial dominance in the country. For the first time in its history, the dollar is showing signs of serious weakness and doubt. As the black swan pandemic first began to impact the economy, investors flocked to safe-haven assets like gold, yen, franc, and the dollar. Related Reading | Peaceful Protestor Recommends Buying Bitcoin … [Read More...]
Crypto Experts Reveal Thoughts: How will Bitcoin Perform after the COVID-19 Crisis has Passed?
Bitcoin Press Release: To educate Crypto-enthusiasts and prepare them for upcoming market conditions, a group of well-respected crypto experts have expressed their thoughts on the recent COVID-19 crisis, and its effect on the global crypto markets. 19th June 2020, London, United Kingdom: The COVID-19 pandemic has had an unprecedented impact on our daily lives, our ability to interact and our financial structures and security. Blockchain technology has been around for over a decade, and there are now thousands of projects that seek to utilize its limitless potential to solve some of the world’s most pressing issues. Coin Journal has assembled a veteran team of experts in the field of cryptocurrency and financial technology, to gain some valuable insights into what the world may look like after … [Read More...]
PnxBet Offer Instant Crypto Transactions, and Payout $42 Million in Winnings Since Launch
Bitcoin Press Release: Pnxet now offers instant cryptocurrency deposits and withdrawals for its users. The eSports pioneer and sportsbook has also hit multiple company milestones this year and paid out over $40 million to its users. 22nd June 2020, Curacao – Online casino and sportsbook Pnxbet now offers instantaneous crypto deposits and withdrawals to make its user experience more streamlined. This new feature caps off a strong start to 2020 for the company, who passed multiple company milestones and simultaneously recorded exceptional growth. The company also paid out over $40 million USD to its users in the form of betting wins, and promotions in the first half of 2020. Instant Transaction Game Changer The new PnxBet website transaction times now enable the instant deposit and withdrawal of all supported cryptocurrencies, … [Read More...]
Ethereum Poised to Rally as Options Volume Hits Fresh All-Time High
Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which exposed it to some intense downwards pressure yesterday. It has been able to post a swift recovery from its daily lows, and has remained firmly within its long-held consolidation phase within the $230 to $250 range. Although it is outperforming Bitcoin slightly at the moment, ETH still remains closely correlated to the benchmark crypto, and where it goes next will likely depend on how BTC reacts to its newly formed resistance around $9,700. Analysts are noting that ETH was able to defend against a sustained dip below a key support level. This could bolster how it trades in the hours and days ahead. Another factor that could play into how … [Read More...]
Crypto Tidbits: Bitcoin Fails at $10k, Ethereum Coins Explode, Coinbase Looks to Add 18 Altcoins
Another week, another round of Crypto Tidbits. It’s been yet another volatile week for the Bitcoin market, just like the last. This week, the leading cryptocurrency made an attempt at breaking the crucial $10,000 resistance yet again, rallying as high as $10,050 on some exchanges and $10,160 on BitMEX. Many were quick to think that this move was going to be it — that this was going to be the breakout that sends BTC into yet another full-blown market. But they were wrong. Due to what seemed to be downward pressure in all asset markets, Bitcoin was strongly rejected at $10,000, plunging as low as $9,050 just 24 hours later. The drop lower liquidated approximately $80 million worth of long and short positions on BitMEX, according … [Read More...]