Bitcoin Price Breaches $12K for First Time Since August

The Swift payment network breaches have been making media headlines for several weeks now. But it appears more than three banks may have been breached, as researchers are investigating 12 similar incidents. Although nothing has been confirmed yet, this news does not bode well for the financial ecosystem. A lot of people were concerned about Swift when it became clear more than one bank lost funds due to a breach. To make matters even worse, the scope of these attacks may be much broader than anticipated. FireEye researchers are investigating a dozen incidents involved computer breaches....

Bitcoin breached $55,000 for the first time since May — is a new all-time high coming soon?

Data breaches remain a lucrative business for Internet criminals, especially when they want to sell information for Bitcoin. A data dump containing over 33 million hacked Twitter accounts are now up for grabs in exchange for 10 Bitcoin. According to ZDNet, the hacker selling these Twitter details has been linked to the recent LinkedIn, Tumblr, and Myspace data breaches. But this time, the individual – or collective – went after a much bigger platform by targeting Twitter. As it turns out, platform users have had their passwords exposed somehow. Malware seems to be the most likely culprit,....

Tezos seems to be heading south. As of this writing, XTZ trades at $1.61 following a 3.10% boost in price seen overnight. XTZ’s relative strength index and volume have declined and isn’t showing any signs of bullish movement. As of press time, XTZ movement ceases to be dubbed as an impulse wave. This means that Tezos is now moving towards a back slide. Related Reading | BNB Basks In The Green As Price Glows 5.84% In Fields Of Red Tezos Hints At Bearish Movement The bearish streak has been obvious in Tezos price last week with early signs that the coin’s price will have the tendency to....

The price of bitcoin is up more than 6% today, according to the CoinDesk Bitcoin USD Price Index (BPI), reaching a level not seen in nearly two years. Today’s market movements, which have pushed the price to a press time high of $574.43, follow a period of elevated bitcoin trading activity. This is the first time the average price of bitcoin has risen to these heights since August 2014. On 11th August of that year, USD markets saw a high of $589.87, according to BPI data. A day later, prices peaked at $573.94. Bitcoin prices have surged significantly in the past week, in markets that trade....