Security - Never Forget
Unfortunately, those of a criminal nature (usually theft) often do not care who their targets (victims) are, whether they be little old grannies, or your local Bitcoin self made millionaire. Roger Ver ("Bitcoin Jesus") recently became the target of a hacker, and not of the nice variety of hackers out there. He quickly posted a reward for the apprehension....
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One thing people tend to forget is how we secure Bitcoin wallets on our mobile devices. Many cryptocurrency users store funds on their smartphone or other mobile devices. Wth a vast plethora of Bitcoin wallets to choose from, that seems to be the most logical and secure solution. But John McAfee feels otherwise, as he feels smartphone usage will leave Bitcoin in “chaos.” In his opinion, developers need to pay far more attention to security. The statement made by John McAfee will upset quite a few people, even though there is some truth to his words. Security is a critical part of any....
Technology allows everyday consumers to do many things without knowing the specific inner workings of the tools and apps they use on a regular basis. One thing most consumers seem to forget, however, is that security plays a very important role, and should not be trumped by convenience. Passwords are one of the worst ways to ensure customer safety, but....
An Ethereum user mistakenly paid $9,500 in transaction fees to send just $120. The user, identified by their Reddit moniker ‘Proudbitcoiner’, says the transaction “destroyed my life” and is now desperately asking miners to return the money. According to a Nov. 4 post on Reddit, Proudbitcoiner said they accidentally typed in the wrong transaction fee, leading to a transfer of amounts nearly 80 times the size intended. In total, the user, who was swapping tokens on Uniswap via the ethereum wallet Metamask, paid 23.5 ether (ETH), worth roughly $10,300 at the time of....
Recently, analysts at CNBC stated that Bitcoin will most likely reach its $1,000 milestone before the Dow surpasses 20,000 - and CNBC looks likely to be accurate once more. The Dow Jones Industrial Average is set to reach 20,000 points, which is considered by investors and the Wall Street as a major milestone. In the beginning of 2016, the Dow opened at around 17,150 points. Throughout the year the Dow continued to increase but in the final months, it stumbled, failing to cross the 20,000 mark. The Dow declined further as the new year approached, dropping by another 57 points over the past....
Here's what we are looking to trade in the bitcoin price for this fresh week of trading out of Europe It’s Monday morning, and we are about to kick off a fresh session out of Europe. Action over the weekend – as is becoming the norm – gave us plenty to discuss, and we’ll be using some of the key levels to carry forward into today’s bitcoin price strategy. Things were a little slow last week and on more than one occasion we had to bring our scalp strategy into play, with a narrowing of our standard range, and a short, sharp breakout approach for a few dollars here and there. This isn’t....