Category Archives: BTC

Covidlock exploits coronavirus fears with bitcoin ransomware

Opportunistic hackers are increasingly seeking to dupe victims using websites or applications purporting to provide information or services pertaining to coronavirus. Cybersecurity threat researchers, DomainTools, have identified that the website coronavirusapp.site facilitates the installation of a new ransomware called “CovidLock.” Continue reading Covidlock exploits coronavirus fears with bitcoin ransomware

Bitmex insurance fund tags ath binance and deribit inject millions

The March 13 crypto market meltdown ravaged cryptocurrency companies across the industry, sparking a MakerDAO debt crisis and causing millions to be deployed from the insurance funds of exchanges Binance and Deribit. Continue reading Bitmex insurance fund tags ath binance and deribit inject millions

Italian red cross launches bitcoin fundraiser to combat coronavirus

Proceeds from the campaign will reportedly be used to set up a second-level advanced medical post for pre-triage of COVID-19 cases in the country, and it is expected to reach a goal of €10,000 to buy the necessary medical equipment for the infrastructure. Continue reading Italian red cross launches bitcoin fundraiser to combat coronavirus

Bitcoin cme futures volume dropped did institutions jump ship

Over the past two years Bitcoin (BTC) futures trading on CME (Chicago Mercantile Exchange) has grown in importance for institutional investors. However, a popular misconception among traders is to attribute an unwarranted amount of importance to futures market activity and its impact of spot prices. It is important to highlight that despite trading under the BTC ticker, CME futures are financially-settled and therefore does not involve the actual exchange of Bitcoins. Continue reading Bitcoin cme futures volume dropped did institutions jump ship