Silk Road darknet marketplace founder: BTC will reach $100,000 in 2020, & Other News

VeChain loses $6.6 million in VET tokens to hacker in attack on buyback wallet...

View this email in your browser One week in review:  Dec. 9–15 We've selected the hottest materials of the past week for you to stay up to date with the latest crypto news: #1 VeChain loses $6.6 million in VET tokens to hacker in attack on buyback wallet An unknown hacker has redirected a whopping 1.1 billion VET tokens from the VeChain Foundation's buyback wallet to a personal address. The crypto was worth an estimated $6.6 million at the time, with the company stressing that the security integrity of its mainnet and official mobile wallet has not been affected. In a statement, VeChain said "human error and the mismanagement of the private key by our staff" was to blame for Dec. 13's incident. Read more #2 Russia: Darknet marketplace plans $146 million ICO for global expansion Now here's a surreal story: The biggest darknet marketplace in Russia has unveiled plans to raise $146 million in an initial coin offering — a token sale that would be almost certainly illegal. Those behind the site, which is called "Hydra," say they need the funds to go global and "start a new era in the West" at a scale that is "hard to imagine." Read more #3 QuadrigaCX victims request proof of Gerald Cotten's death by exhuming body The surreal news doesn't end there. A Canadian law firm has asked police to conduct an exhumation and post-mortem autopsy on the body of Gerald Cotten, the late owner of the now-defunct exchange QuadrigaCX. Cotten reportedly died in India from complications relating to Crohn's disease last December, and he was the only person with the private keys to wallets that held $190 million in user funds. Rumors have been swirling that the entrepreneur could have faked his own death. Lawyers at Miller Thomson believe their request is appropriate given the "questionable circumstances" around his passing and "the need for certainty around the question of whether Mr. Cotten is in fact deceased." Read more #4. Prediction of the Week Silk Road darknet marketplace founder: BTC will reach $100,000 in 2020 Ross Ulbricht, who is serving a life sentence for his role as founder of a now-defunct anonymous darknet marketplace, believes BTC is going to soar to $100,000 in 2020. He penned a series of letters from his prison cell that were adapted into blog posts on the outside. Ulbricht used a type of market analysis known as Elliott Wave Theory in order to make the prediction — and claimed it was possible even without knowing Bitcoin's day-to-day price movements and the general condition of the market. Read more #5. FUD of the Week Libra updates white paper and removes dividends for Libra Association The white paper for the proposed Facebook stablecoin was quietly updated this week. One of the biggest changes is the removal of dividends payable to the Libra Association members who became early investors. This means that any interest on assets held in reserve will now only be used to "cover the costs of the system, ensure low transaction fees, and support further growth and adoption." The tweak eliminates a potential conflict of interest between members of the not-for-profit association and the currency's end users, as it removes any incentive to load up the reserve with higher-risk assets that could cause Libra tokens to lose their value. Read more #6. FUD of the Week Weibo continues rage at Tron and Binance: Sun and Yi He blocked The major microblogging site Weibo — often referred to as "Chinese Twitter" — has suspended the accounts of Tron founder Justin Sun and Binance co-founder Yi He. Visitors to their pages are now greeted with a notice that says: "The account has been blocked due to violations of laws and regulations and the relevant provisions of the Weibo Community Convention." It comes weeks after Weibo blocked the official account of Binance, one of the world's biggest crypto exchanges. Read more Feel free to explore the most important news with Hodler's Digest by Thomas Simms:   Read more 1.5 mln people follow us on social media Download our official app:

This email was sent to susantobudi16.bitcoin@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences cointelegraph · Введите местоположение · London, England wc2h 9jq · United Kingdom

64% of Bitcoin Supply Has Not Moved Since 2018, & Other News

Ethereum completes Istanbul hard fork... 

View this email in your browser One week in review:  Dec. 2–8 We've selected the hottest materials of the past week for you to stay up to date with the latest crypto news: #1 Ethereum completes Istanbul hard fork It happened! Ethereum's much-anticipated shift to Istanbul has been completed, and the system-wide update came into effect when the network passed block #9069000 late on Saturday night. Vitalik Buterin claims the capacity now has the potential to reach 3,000 transactions per second. Istanbul is designed to deliver interoperability with the privacy token Zcash and make it cheaper to use zero-knowledge technologies that enhance privacy. Read more #2 "Hodlers are insane" — 64% of Bitcoin supply has not moved since 2018 New research has suggested that a whopping 60% of BTC in circulation hasn't left its wallet in more than a year. This is particularly telling since BTC/USD ballooned from lows of $3,100 last December to $13,800 just six months later. Markets subsequently reversed downward, shaving 52% off their highs. Rhythm, the analyst who uploaded the statistics, didn't mince his words by saying: "Hodlers of last resort are insane." Read more #3 Deutsche Bank research: Crypto to replace fiat currencies by 2030 New research by Deutsche Bank has revealed what the future might look like for crypto in just 10 short years. Its report suggests that digital currencies could eventually replace cash one day, as demand for anonymity and a more decentralized means of payment grows. Hurdles do lie in the way: The authors say digital assets will need to gain legitimacy in the eyes of governments and regulators before wider acceptance can be achieved. Read more #4. Prediction of the Week Halving will be "non-event" for BTC price, Morgan Creek Digital exec says "The halvening" in May 2020 — when the reward paid to miners falls from 12.5 BTC to 6.25 BTC per block — is widely regarded as an event that will catalyze a bull market. But according to Jason Williams, the co-founder of Morgan Creek Digital, these expectations might be overblown. He believes that the halving will have no impact whatsoever on BTC prices, describing it as a "non-event." Read more #5. FUD of the Week Canada-based crypto mining firm Great North Data files for bankruptcy Great North Data, a crypto mining company based in Canada, has filed for bankruptcy. Bankruptcy documents show that it had $13.2 million in liabilities but just $3.5 million in assets. Reports suggest that the company owed six-figure sums to government bodies. It's been a difficult time for mining companies, with Washington-based Giga Watt closing down in January because it was "insolvent and unable to pay its debts when due." Read more #6. FUD of the Week Researchers detect new North Korea-linked MacOS malware on crypto trading site Security researchers have uncovered cryptocurrency-related macOS malware that is believed to be the work of North Korean hackers known as the Lazarus Group. It is believed that the malware can retrieve a payload from a remote location and run it in memory — something that is not common for macOS. As a result, this means it can be difficult to detect the malware and carry out forensic analysis — with only 10 antivirus engines actually flagging it as malicious. Read more Feel free to explore the most important news with Hodler's Digest by Thomas Simms:   Read more 1.5 mln people follow us on social media Download our official app:

This email was sent to susantobudi16.bitcoin@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences cointelegraph · Введите местоположение · London, England wc2h 9jq · United Kingdom