Day: October 2, 2017

Since Bitcoin trading was banned in China last month, Chinese police consider Bitcoin trading as a type of pyramid scheme and refuse to investigate hacks.

Bitcoin continues to recover from the 40% decline which occurred throughout the month of September and now holds a market cap of US$72 billion.SegWit2x was part of the New York Agreement which aimed to increase block size to 2MB and enable SegWit transactions. Jeff Garzik and the BTC1 team has a month to complete the project before the November 1st deadline.

It almost feels as if the NEO price is trying to set a new high every single day. Whenever a cryptocurrency goes up in value by a lot over the course of a few days, it will eventually come down again. For NEO, that has not happened just yet, even though that may only be a matter of time. Right now, the NEO price is $37.19, which represents another 12.64% increase over the past 24 hours. Whether or not we will see $50 soon, remains to be seen, though.

NEO Price Tries to Reach $40

Seeing NEO continue its positive price trend for nearly a full week now is rather impressive. Although it was only a matter of time until major cryptocurrencies regained most of their lost value, such a strong trend was not necessarily expected right away. While it is true NEO is quite popular among speculators right now, it remains to be seen whether or not this particular altcoin will have any long-term purpose. Some good work is being done behind the scenes, though.

Over the past few days, we have seen the NEO price rise from just under $20 to $39 in quick succession. Such major growth is rather unprecedented in the world of cryptocurrency, even though it remains to be seen if this is anything more than a pump-and-dump scheme. Only time will tell what the future may hold in this regard, though, but for now, the NEO price movements have not gone by unnoticed.

A lot of people are looking to recover some of their losses suffered over the past few weeks and NEO gives them the opportunity to do so. Considering how NEO still has a rather low trading volume, this price trend is all the more impressive right now. With $102.8m in 24-hour volume, the demand for NEO is certainly there, but not necessarily on the same level as Bitcoin or any other major cryptocurrency in the world today. Then again, no one can deny the NEO price trend either, as things have evolved in an interesting direction.

Speaking of the NEO trading volume, most of its volume still originates from the Bittrex exchange. This particular exchange is responsible for about 50% of all NEO trades across different markets, which has proven to be a regular trend. Bitfinex and Binance are still close together in terms of trading volume, which indicates a growing demand for NEO in the USD market right now. Most people still trading Bitcoin to and from NEO, though, which won’t surprise too many people either.

For the time being, it is impossible to make an accurate NEO price prediction. More specifically, it seems logical people expect the NEO price to hit $40 and even $50 in quick succession. However, we have seen some major gains over the past week already and ensuring this trend continues will not necessarily be easy whatsoever. Even though the trading volume seems to keep up, it will be interesting to see how the NEO price responds if the Bitcoin price were to go down again in the future. In Most cases, altcoins will lose a lot of value when this happens.

All things considered, investing in NEO is still an option well worth exploring right now. Even though there may be a limit as to how much profit can be made quickly in the coming days, things are looking rather positive for NEO overall. With the trading volumes till in place as we speak, it will be interesting to see if and when the NEO price reaches $40. Any market with little trading volume will be subject to manipulation and speculation, which always needs to be taken into account.

Law enforcement officials have confirmed that hackers from North Korea sought to steal bitcoins from exchanges in South Korea.

Both Bitcoin and NEO led the charge of the cryptocurrencies over the weekend, seeking out new multi-week highs.

After years of development and testing, the DECENT platform was finally released to the world on June 30th. That was just the beginning, however, as their team has gone on to establish even more partnerships and win some prestigious awards. DECENT is a blockchain-based P2P content distribution network and cryptocurrency. Artists can directly register their … Continue reading Recently-Launched DECENT Blockchain Wins Big at CESA Awards

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Hacken, a cybersecurity platform for bug bounties had been running its pre-sale since September 18, 2017, with 30 percent bonuses for early investors. The company will open its public ICO from October 12, 2017. Hacken is the novel cryptocurrency platform developed on cybersecurity ecosystem for white hat hackers. The pre-ICO has successfully ended on September … Continue reading Hacken: Blockchain Cybersecurity Community Platform Announces ICO

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IoT, its current uses and the options it will offer in conjunction with blockchain technology.

First came the personal computers, which at the beginning of their existence were seen as controversial, and then came the internet. It was developed as a tool to help us implement our plans, to facilitate communication and to connect with the world. After a few years, enthusiasts began to talk about IoT and offered a vision of the future, a vision that was completely different from the current reality.

In the 1980s, there weren’t many people who believed that personal computers could change the world and there was a similar wave of skepticism surrounding the early phases of the Internet. It seems these days this skepticism has not changed.

Recently, we have heard people being critical that the IoT concept is a utopia; however, that utopia is slowly and surely becoming a reality. Today it is not uncommon to meet a person who actively uses IoT, whether at work or at home. The possibilities of IoT use seem to be endless.

The everyday aspects of our lives, such as household equipment, transportation, lifestyle and food, will most likely be part of one major highway called IoT, where we can set our own levels of automation. Due to the growing demand for devices that can operate autonomously, there is also a growing demand to secure these mutual communications.

When we imagine today that the main purpose of hacker attacks are to obtain our personal data, then what would happen if they are able to attack devices that communicate with each other? They could obtain almost all information about us: our habits, weaknesses, an overview of what we do, how we do it and when we do it.

That is why it is necessary to secure this mutual communication between the devices. One tool gives us this option and that is a decentralized VPN network where there will be no central servers where our data will be located and that hackers can target.

By using a decentralized network, we will be able to make full use of IoT capabilities without having to worry about losing data. This is not only important for ordinary residents but also for corporate clients, who are targeted by hacker groups much more often.

The question isn’t whether IoT will globally expand, but when, and most estimates show that it is set to be in the next few years.

At the beginning of the month, an important report is expected from the developers of mysterium network, usually released in the first 3 days of the new month

https://mysterium.network

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2nd October, 2017 (Isle of Man) – The non-profit Foundation of CasinoCoin (CSC), the open source, peer-to-peer cryptocurrency designed specifically for the regulated online gambling industry, has announced the appointment of several senior industry professionals to its newly-established advisory board. Last month, CasinoCoin announced its re-launch and the establishment of The Double C Foundation, created … Continue reading Senior Executives Join CasinoCoin Advisory Board

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