InCoin Eng (crypto news)

2022-02-12 18:30:18 Investor Kevin O'Leary thinks meta universe tokens are promising

Shark Tank investor Kevin O'Leary said he invests in meta universe tokens because this nascent crypto sector has great promise.

In a new interview with Kitco News, the celebrity investor added that he considers Ethereum (ETH), Polugon (MATIC), Hedera (HBAR) and Helium (HNT) to be the software on which the meta universe will be built.

If you're willing to buy [shares in] Facebook or Google or Microsoft, it's all software. And the meta-universe is software, so I'm opening positions on some of the big platforms where the meta-universes are going to be located, like Polugon, HBAR and Ethereum.

...I keep telling people that if you're willing to invest in traditional software as a service company like Microsoft, why aren't you investing in Ethereum? Why aren't you investing in Polugon, HBAR, Helium and all those platforms? Open / Comment

2022-02-12 16:29:01 Ripple v. SEC: Court Satisfies Latest Commission Motion

The latest development in the process was another deadline delay from the SEC. In its February 11 motion, the SEC asks the court to extend the deadline for responding to Ripple's latest request until February 24, 2022.

The court has already granted the motion and also ordered that the disputed documents be made available via email for closed-door review.

The dispute concerns the "Estrabook memos" that the company is trying to obtain. These are recordings of conversations between Brad Garlinghouse and SEC Commissioner Elad Roizman in 2018, recorded by Matthew Estrabuk, an assistant to Roizman at the time.

The SEC believes these documents are also protected by the deliberative process privilege (DPP), i.e., they are confidential. The SEC believes that a two-week response time is deemed appropriate due to the overcrowded schedule, does not prejudice Garlinghouse, and will not affect the timeline. Open / Comment

2022-02-12 14:47:01 Bitmain will help create a 500 MW mining center in the U.S.

Chinese mining equipment maker Bitmain has partnered with U.S. company Merkle Standard to build a 500MW mining infrastructure.

Bitmain will supply 150,000 miners in the US. The mining center will be powered by hydroelectric power plants in Washington state.

According to Merkle Standard CEO Ruslan Zinurov, it will be "the largest 'green' mining platform in the U.S." The company also hopes to become a major employer in eastern Washington and support local businesses.

"With its flexible grid load characteristics, our data center (DPC) will be an ideal customer for local power providers. We look forward to providing additional support to the local community," Josh Zappala, director of strategy for Merkle Standard, told Open / Comment

2022-02-12 13:54:01 Uber is ready to integrate cryptopayments

Uber CEO Dara Khosrowshahi said that the firm will definitely accept cryptocurrency in the future, but noted that such a move will only happen under certain conditions. The statements were made on Friday during his conversation with Bloomberg. Asked if Uber could ever integrate cryptocurrency, Khosrowshahi said:

"We definitely can, we talk about it all the time. I think that right now bitcoin and a number of other cryptocurrencies are a very valuable means of savings.

Their exchange mechanism is costly, which is not good for the environment. I think once the exchange mechanism becomes cheaper and more environmentally friendly, we will be more interested in cryptocurrency.

So we're certainly keeping an eye on that. And if you ask the question if Uber is going to accept cryptocurrency in the future, we'll say definitely. At some point. It's not the time yet, but we will. " Open / Comment

2022-02-09 19:29:00 AToken wallet users report funds theft

Blockchain security company SlowMist has confirmed a hacking attack on the AToken multicurrency wallet.

Wallet users are reporting stolen funds, SlowMist wrote on its Twitter account.

Notably, the AToken team sent out a message last December 20 asking customers to stop using the service until December 24, and not to use wallets that import AToken. Otherwise, the team warned, all possible risks and losses would be borne by the users themselves.

Reuters recently reported that one of the main sources of funding for North Korea's nuclear development is the hacking of cryptocurrency exchanges and wallets. Open / Comment

2022-02-07 20:26:01 Hacker group LockBit gained access to data of PayBito exchange users

LockBit gained access to confidential information of the PayBito exchange. The hackers managed to steal the data of more than 100,000 users of the exchange.

The attackers were able to steal personal data, as well as password hashes, reports Security Affairs. In addition, the hackers got access to personal data and email addresses of site administrators.

LockBit is now demanding a ransom payment in cryptocurrency from PayBito. Otherwise, the data of users and administrators promise to put it in the public domain. The attackers gave the site's management until February 21 to think about it. The ransom amount is not specified at the site of the group, most likely, the hackers will voice the amount in bitcoins directly in communication with the representatives of PayBito.

The LockBit ransomware is able to detect language settings on an infected computer and does not encrypt files for users in Eastern Europe. Open / Comment

2022-02-07 17:44:00 SHIB price up 75% in two weeks

On Monday, the meme token rose to $0.00002961, its best level since January 18, amid renewed buying interest in the cryptocurrency market. Before the pullback, SHIB's price fell nearly 80% from a record high of $0.00008870.

Nevertheless, the sharp price recovery also came close to triggering two classic sell signals. First, the daily SHIB Relative Strength Index (RSI), a technical indicator that ranges from 0 to 100, signaling whether an asset is overbought (RSI>70) or oversold (RSI<30), showed a near overbought condition after rising to 60.

Finally, the daily SHIB Relative Volatility Index (RVI), which measures the standard deviation of low and high prices, fell below 50, which is a sell signal. In an "ideal" scenario, traders close their long positions after the RVI falls below 40. At the time of publication, it was hovering around 48. Open / Comment

2022-02-06 20:21:01 XUMM Version 2.2.8 Available for Apple iOS and Google Play

The XUMM project team has announced that wallet version 2.2.8 is now available on the Apple iOS and Google Play Store. While version 2.2.8 contains mostly minor improvements, it contains one of the most anticipated innovations - the token filtering feature is available for the first time. More features will be added in update 2.3.0.

It was also reported that the previously announced integration with FIO Send was launched. :

We are pleased to announce that XUMM users can now easily send XRP and any XRP Ledger tokens to FIO's readable crypto descriptor, without having to copy and paste long addresses again!

Thus, more than half a million XUMM users will be able to send and receive money with the brand new XUMM feature. With FIO Send users can replace their cumbersome automatically generated addresses with human-readable cacheshtags (descriptors). Open / Comment

2022-02-06 18:39:08 Kraken audit shows $19 billion in BTC and ETH reserves

U.S.-based analyst firm Armanino reports that the Kraken exchange has $19 billion worth of BTC and ETH, including $3.5 billion worth of ETH frozen in an Etherium 2.0 stack.

Technology consulting firm Armanino's audit was limited to checking the availability of BTC and ETH. Basically, we are not talking about the exchange's own reserves, but the deposits of its customers. Kraken product director Jeremy Welch said the exchange plans to conduct an annual public verification of cryptocurrency deposits.

"Security and transparency for our customers has always been at the core of our corporate culture and at the core of our practices and operations. Regular Proof of Reserves audits prove that customer safety is a top priority for Kraken." Open / Comment

2022-02-05 20:57:01 Bitcoin rate rose above $40,000 for the first time in 2 weeks

The last time the price of the first cryptocurrency was near this mark on January 21. Reaching the two-week high was facilitated by the rapid stabilization of the rate after the publication of the January report of the U.S. Labor Department on employment, which stated about the growth of the number of jobs. Such a report should have increased pressure on the crypto market.

However, bitcoin did not succumb to the negative forecasts, demonstrating limited further price declines. This encouraged traders, who quickly seized the opportunity to push the rate above a significant psychological threshold. This move was unexpected, as the cryptocurrency's dynamics have often moved in tandem with stocks, which have been virtually unchanged during this time.

Over the past 24 hours, BTC has added 9.18% and is trading at $41470 at the time of publication, almost completely leveling out the recent collapse. Open / Comment