In 2018, the white hacker community received about $ 900,000 in bounty campaigns from companies targeting blockchain and cryptocurrency, reports NextWeb . Thus, the startup Block.one jointly paid $ 534 thousand, overtaking Coinbase ($ 290 thousand) and developers of the TRON platform ($ 76 thousand). Note that payments made by blockchain industry representatives made up 4% of all bounty fees on the HackerOne platform. It is worth emphasizing that these companies received more than 3,000 vulnerability reports, and the average hacker fee was $ 1,490. Earlier, the developers of hardware wallets Ledger and Trezor commented on information about vulnerabilities discovered…
Author: BlockchainJournal
A recent survey in China showed that, despite the fall in the crypto market, about 40% of respondents would invest in digital money with available funds. The poll was conducted by the local news publication PANews, which found out that 82.8% of citizens surveyed consider the purchase of cryptocurrency a “fashionable type of investment”, and 40% are ready to invest their money in digital coins. The article does not indicate exactly how the survey was conducted, but it says that 4,980 Chinese were interviewed between November 26 and December 10. According to the survey, 98.22% of respondents heard about at…
Cloud mining service BitDeer announced the launch of new miners and tariff plans. The company noted that the new proposal is related to the growth of the customer base by 1350% since the official launch on December 13. Cloud mining allows a client to rent the computing power of a provider for mining Bitcoin or other cryptocurrencies. BitDeer has strategic partnership agreements with the largest mining pools AntPool and BTC.com. BitDeer customers will be able to use new equipment under medium and long-term contracts. In particular, the new ASIC-miners will be: use the SHA-256 algorithm; have a maximum computing power…
The law firm Schall announced the filing of a class action against the manufacturer of video cards Nvidia. Representatives of the company are convinced that the company has misled its shareholders by claiming that falling demand from cryptocurrency miners will not affect financial performance in any way. This is stated in a press release. Schall noted that Nvidia publicly assured market participants that it was able to quickly adapt to changes in the cryptocurrency market. At the same time, the company also claimed that demand from gamers would cover all possible costs associated with the mining sector. We add that…
Bitcoin is already ten years old, and it seems he has come a long and thorny path. Bitcoin technology called “blockchain”, which is best suited for finance and is used in cryptocurrencies, has given a strong challenge to the banking system, which currently controls the entire global economy. Pursuing only their vested interests, the banks themselves decide who, when and on what occasion should be financed in sufficient quantities, and who can be left behind. In addition, central banks issue additional money when it pleases them, because of which the money depreciates and their purchasing power becomes weak. Now it…
The meme rubric says goodbye to the year 2018, in which the cryptans for the most part did not smoke, but cried – the cue ball arranged for them a sickly jittery up to the Rekzhdestva. Over the past 365 days, we learned about the volatility of steablokoin, replaced the blockchain with a brick, stopped entering Blockfolio, so as not to make a mistake, and learned the strategy of PANIC HANIC. And what cryptographic statements and cryptosearch we invented! What can we say about the emerging caste of crypto-invalids and perfume with the smell of burning wool … In general,…
Wall Street Journal cryptocurrency expert Paul Vigna concluded that, amid falling global indices, Bitcoin became more closely correlated with gold. So, based on data from the analytical company Excalibur Pro, Vigna notes that the correlation coefficient between gold and Bitcoin over the past five days was 0.84. This indicates a strong relationship between the prices of these two assets. Also, according to the expert, Bitcoin is increasingly being viewed as a kind of digital analogue of the precious metal. Viña is sure that Bitcoin owes much of its popularity to the so-called quantitative easing (QE). This policy of central banks…
According to the analytical service Messari , the return on investment (ROI) in Bitcoin for the year amounted to -71.52%. As can be seen from the table, the current ROI is worse than in 2014, when the bear market was similar in character. However, long-term investors, who bought “digital gold” five years ago, clearly did not lose – during this time the market value of BTC increased almost four times (+ 394%). We also note that in 2013, the bitcoin price growth was much more rapid than in 2017, when the historical maximum (All Time High, ATH) was reached at…
The largest South Korean corporation Samsung has registered a trademark for a cryptocurrency wallet . The UK Crypt trademark trademark was registered with the UK IPO IP Office in the Office of Intellectual Property Rights Enforcement. It is likely that the rumors that Samsung is developing cryptographic models may still be partly true. In the application, Samsung points to the development of software for wallets that allows you to store and transfer digital currencies. The application is built using distributed registry technology , users will be able to install it on their smartphones for the operational management of cryptocurrency .…
Bitcoin has a significant "liberation" potential, writes Time – one of the most popular magazines in the United States and around the world. The article states that: “Speculations, deception and greed in the cryptocurrency and blockchain industries cast a shadow on the real, liberating potential of Satoshi Nakamoto’s invention.” As the author writes, Bitcoin "can be a valuable financial tool as a means of exchange not subject to censorship." Alejandro Machado, a cryptocurrency researcher at the Open Money Initiative, said that the fee for cashless transfer of funds from the US to Venezuela can be 56%. To circumvent these conditions,…
