Security Expert Predicted Bitcoin to Be Close to $1,000 by 2016’s End
Mikko Hypponen, a prominent security and privacy expert, TED speaker and Chief Research Officer of F-Secure, predicted the price of bitcoin to be close to US$1,000 by the end of 2016. On Safe & Savvy, F-Secure’s news outlet, Hypponen stated: “Bitcoin value will rise to close to $1000 by the end of 2016, re-fueling criminal interest in botnet attacks using Bitcoin.” During an interview with Safe & Savvy about major hacking attacks, bitcoin and other trending discussions within the security and privacy communities, Hypponen explained that his team at F-Secure is directing day-to-day....
Related News
Bitcoin users in need of serious transaction privacy should avoid popular services like Blockchain's SharedCoin and other CoinJoin implementations, according to a well-known security expert. Consultant Kristov Atlas, author of the book Anonymous Bitcoin, published a security advisory today saying weaknesses in SharedCoin offered privacy only from "unskilled examiners of the bitcoin blockchain" - and even then, only until more sophisticated analysis tools were made user-friendly enough for the average user to deploy. Blockchain CEO Nicolas Cary said he was satisfied with the research and....
The security expert said that while PoS isn’t “theoretically” as secure as PoW, he admits it still has “sufficient practical security.” Despite the Ethereum Merge being touted as a major upgrade to the blockchain network, its transition to proof-of-stake theoretically makes it more vulnerable to exploit.Speaking to Cointelegraph, the security researcher explained that unlike proof-of-work (PoW) systems, a proof-of-stake (PoS) system informs node validators in advance what blocks they will validate, thus enabling them to plan attacks. The security expert, who asked not to be named, is a....
Cardano has been lagging behind the current bullish momentum in the altcoin market. While Ethereum (ETH), Solana (SOL), and XRP trend to the upside in the last 24 hours, ADA’s price continues to move sideways. Related Reading | JP Morgan Claims Drop In Bitcoin Production Cost Is Negative For BTC Price At the time of writing, ADA’s price trades at $0.44 with barely 0.5% profit in the last day. According to a survey conducted by Finder with 53 industry specialists, Cardano is likely to move higher from its current levels. The participants claim ADA’s price is set to end 2022 at around....
Pro-XRP legal expert John Deaton has again come for the US Securities and Commission’s (SEC) Chairman Gary Gensler in its battle against Ripple. This time, he questions Gensler’s competence and calls for his dismissal from the Commission. Gensler Doesn’t Know What Security Means In a tweet shared on his X (formerly Twitter) platform, Deaton stated that […]
The price of Bitcoin went past the $900 margin on December 23, surging to $911 at its peak. Just as Civic CEO and Bitcoin analyst Vinny Lingham predicted on December 11, once the Bitcoin price surpassed the $800 mark, it went straight to $900. In an interview, Bitcoin expert Vinny Lingham accurately predicted two situations: Bitcoin will hit $800 and once it does, it will spike to $900 in a matter of days. As Bitcoin went past $800, it rapidly increased to $911, surpassing $930 in large markets like China, which control 94.5% of all Bitcoin trading. Some analysts and financial outlets....