Day: September 19, 2017

WHAT IS NEULAUT LOGISTICS PLATFORM? Neulaut is a logistics platform, providing seamless end-to-end supply chain for goods and service using blockchain technology. The Neulaut token, NUA which is a negotiable digital asset, shall enable users of the platform to pay for freight and other related  services and to monitor goods as they progress along the … Continue reading NEULAUT PROJECT SETS TO REDEFINE LOGISTICS BUSINESS USING BLOCKCHAIN TECHNOLOGY

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On September 20, bitcoin’s price recorded a minor correction, dropping from $4,010 to $3,950 after showing early signs of recovery this past week.

Upon the finalization of the closure of Chinese bitcoin exchanges and trading platforms, bitcoin price recovered quickly from $2,900 to $3,800. As traders continued to buy the dip and institutional investors including JPMorgan engaged in bitcoin trading through regulated channels such as the Bitcoin XBT in Nordic Nasdaq. This cause the price to surpass the $4,000 mark.

As bitcoin’s price continued to recover, prominent financial analysts and traders in the cryptocurrency sector including RT’s Keiser Report host Max Keiser and WhalePanda expressed their optimism toward the short-term trend of bitcoin price. Earlier today, Keiser reaffirmed his interim target of $10,000 for bitcoin price.

“Technically, China can’t ban bitcoin traffic, we have our own sync network. But if the Chinese government says mining is illegal, we are fucked.”

If the Chinese government intends to release a state-owned national digital currency as suggested by People’s Bank of China (PBoC) and Central University of Finance and Economics researcher Huang Zhen, it could very likely ban every aspect of bitcoin usage in the region. In an interview with PBoC’s own finance news publication, Zhen explained that the Chinese central bank perceives bitcoin as a threat.

“Cryptocurrencies and other virtual currencies attempt to challenge the sovereign state’s right to issue currency, requiring the nationalization of currency issuance. China has a clear understanding of digital forms of money, and is actively engaging in relevant work. The central bank has set up a research group and a digital money research institute to explore the digitization of sovereign money. After this round of virtual money markets supervision, we expect under the auspices of the Chinese central bank to launch our own sovereign digital currency as soon as possible to help maintain China’s leadership in the development of global digital finance,” Zhen stated.

It remains uncertain whether Zhen’s view is shared by the PBoC and the rest of the local financial regulators. In consideration of Zhen’s involvement with the regulators and his interview with PBoC’s news publication, it is likely that the Chinese central bank is indeed planning to release its own digital currency. If so, acknowledging the Chinese government’s unpredictable nature, PBoC could attempt to ban every aspect of bitcoin in the near future, including bitcoin mining and OTC trading.

Such events could cause several minor corrections in the short-term. However, in the long-term the emergence of multi-billion dollar Japanese conglomerates in the global bitcoin mining industry and the strengthening South Korean cryptocurrency trading volume, will even out the exit for Chinese traders. Some analysts suspect that the bans could even be positive for bitcoin because the elimination of the Chinese bitcoin market would create a more balanced and distributed global bitcoin industry.

Out with the old–Delaware recognizes value of Blockchain for tracking stock ownership, move affects over a million companies.

Hello and welcome to News BTC’s Market Outlook September 20. DASH/USD DASH fell initially during the session on Tuesday but found support near the $320 level. We bounce from there broke above the $330 level, but I see a significant amount of resistance between here and the $350 level. Because of this, I would be hesitant … Continue reading DASH/USD and LTC/USD Technical Analysis September 20 2017

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Hello and welcome to News BTC’s Market Outlook September 20. ETH/USD Ethereum fell initially during the day on Tuesday, but found the $280 level be supportive enough to turn things around and bounce. I believe that if we can break above the $300 level, the market should continue to go much higher. At that point, I … Continue reading ETH/USD and ETH/BTC Technical Analysis September 20 2017

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Hello and welcome to News BTC’s Market Outlook September 20. BTC/USD Bitcoin dipped at the beginning of the session on Tuesday, but seems to be finding support near the $3900 level. As I write this, consolidation between the $3900 and $4100 level looks likely, with a break above the $4100 level being the sign that buyers … Continue reading BTC/USD and BTC/JPY Technical Analysis September 20 2017

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Key Highlights ETH price was not able to move above the $298 level against the US Dollar and traded lower. Yesterday’s highlighted contracting triangle pattern with support at $282 on the hourly chart of ETH/USD (data feed via SimpleFX) was breached. If the recent downside break is real, the price might trade towards the $268-270 … Continue reading Ethereum Price Technical Analysis – ETH/USD Broke Key Support?

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Key Highlights Ripple price is struggling to move above the $0.1950 resistance against the US Dollar. There is a major connecting bearish trend line forming with resistance at $0.1950 on the hourly chart of XRP/USD (data source from Kraken). The price has to move above the $0.1950 and $0.2000 resistance levels to gain momentum. Ripple … Continue reading Ripple Price Technical Analysis – XRP/USD Needs To Retake $0.2000

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Today, on the 20th of September, GoldMint is launching its ICO. The GoldMint ICO will mark the birth of a new means of exchange for physical gold, with transactions leveraged over the blockchain based platform. This platform will utilize the private and individual gold trading market and potentially the management of larger physical stocks such as those in central banks. It will also provide an electronic payment solution backed by physical gold and a system for gold-backed peer-to-peer lending.

GoldMint is celebrating the beginning of its ICO by attending 3 major events on the same day the crowdsale kicks off.  One of these events is BlockchainLive in London  – Europe’s leading Blockchain conference bringing together over 75+ global experts in various fields.

Another one is Moscow’s ICO Event which this time mainly focuses on how legislation will impact the cryptocurrency space.

Today GoldMint is also present at the Global Blockchain Summit in Hong Kong gathering iconic speakers from various industries to discuss about the real-world applications of blockchain technology, as well as its potential benefits, risks, and regulatory concerns.

To spread the word about GoldMint in the USA  – GoldMint’s advisor and business developer Evgeniy Volfman has recently completed the official Northern American road trip representing the project in New York, Los Angeles, San Francisco and Miami.

Simultaneously, GoldMint is opting to expand its campaign globally, with the Middle East & Singapore regions being the current primary focus. Anna Palmina, head of IR & Business Development, is currently negotiating with gold stockpiles in Singapore & Hong Kong to solidify a mutual profitable collaboration with these gold reserves.

While meetings with gold stockpiles owners are still being held, an agreement between GoldMint and Eurasia Mining, a platinum and gold production company, was reached last week! It covered the establishment of a method for the application of blockchain based technology to the development of resource industry projects.

GoldMint expanded its advisory board signaling great news for the company’s direction moving forward. Two prominent persons have joined GoldMint as advisors. Among them is Leonid Boguslavsky –  the Chairman and CEO of RU-Net investment company. In 2011, Russian Forbes listed Leonid as one of the most important players in Russia’s booming Internet scene. Mark Grats who worked for Apple (iTunes) and Yahoo in Silicon Valley has joined the board as well. As an Angel investor, he has facilitated a number of successful investments in the Hi-Tech and Gaming industries.

To join GoldMint and to participate in its ICO, users may send BTC (Bitcoin) or ETH (Ethereum) and receive MNTP (MNT pre-launch) tokens in return at a price of $7 (USD) per token.

The value of the token will grow, as MNT are of limited supply and are used as stake in the PoS (Proof-of-Stake) consensus algorithm. Those who invest in the first days of the ICO will benefit from a special early bird bonus system, awarding up to an additional 20% bonus of tokens.

Website: https://goldmint.io

Blog: https://blog.goldmint.io

ICO: https://goldmint.io/ico

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

Key Points Bitcoin cash price surged higher and managed to break the $500 resistance against the US Dollar. There are two bullish trend lines formed with support near $490 and $470 on the hourly chart of BCH/USD (data feed from Kraken). The price might correct a few points from the current levels, but remains supported … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Spikes Above $500

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Banking Trojans have regained a lot of their popularity over the past few months. While these tools have been around for several years now, they are once again becoming more common. A new Android banking Trojan was discovered not too long ago. This malware goes by the name of Red Alert 2.0 and is currently part of a growing distribution campaign.

Red Alert 2.0 is a new Android Banking Trojan

The mobile ecosystem is becoming the new playground of cyber criminals these days. Whereas most malware was originally developed for computers and different operating systems, these malware creations are slowly shifting to the mobile ecosystem. It is mainly the Android platform is effectively getting a lot of attention from banking Trojan developers these days.

Now that Red Alert 2.0 has been discovered, things have taken another turn for the worse. The malware was discovered by researchers from SfyLabs, who noticed advertisements for this Trojan appear on a Russian hacking forum. That latter part is not all that unusual, considering most malware is mainly bought and sold through Russian hacking forums these days. It now appears this malware is effectively being distributed on a large scale.

Several Android apps have been successfully infected with this banking Trojan and serve command & control servers have been tracked down already. All of this hints at how some users will successfully distribute Red Alert 2.0 over the coming weeks and months. All of the applications infected with this malware are distributed through third-party app stores, rather than the Google Play Store itself.

So far, no Red Alert 2.0-laden application has made it to the Play Store just yet, but that may change in the future. This new malware is pretty similar to older versions of banking Trojans. It will not become active until the infected victim visits a banking or social media application. Once they open such an app, the Trojan will overlay the display with an HTML-based version of the original app. Users will need to authenticate again, which is when their login credentials are captured.

Once the developers or distributors successfully obtain login credentials, they will try to make fraudulent transactions. It is also possible they will use social media credentials to post spam or distribute malicious software as well. Red Alert 2.0 is capable of collecting contact lists from infected devices, and it can bypass 2FA and suppress notifications. All of this functionality has been part of previous iterations of banking Trojans in the past, which means this new tool does not stand out.

However, the people effectively selling the banking Trojan feel it is worth $500. That is quite a steep price, although the potential for higher returns is certainly there. The developer also claims how customers will receive new HTML overlays on a regular basis to increase their chances of success. More features may be added in the future as well, including VNC support and remote control features. The only upside is how the malware only works on older versions of Android, including Marshmallow. 

Upon the closure of OKCoin and Huobi later this year, the Chinese Bitcoin exchange market will officially be shut down