🗞 Daily Crypto News, December 23rd💰

  • EtherDelta Has Been Compromised Due to DNS Hijack;
  • Coinbase Accused of Technical Incompetence After Hoarding Millions of UTXOs
  • ICO to Build Next Generation AI Raises $36 Million in 60 Seconds
  • The SEC Crackdown on Suspicious Cryptocurrencies Is Getting Serious
  • Belarus Government Cuts Taxes For Crypto Businesses5
  • BTC Trading Update by @cryptopassion

I tried to warn the new comers, Cryptos are volatile and Whales are manipulating prices. They succeeded to shake "Weak Hands" and bought at cheaper price...

Take care my CryptoFriends.

🗞 EtherDelta Has Been Compromised Due to DNS Hijack

It would almost seem as if anything Ethereum-related is bound to face some setbacks sooner or later. More specifically, we have seen a lot of Ethereum-related platforms and ICOs suffer major problems throughout 2017. The latest company to run into big trouble is EtherDelta, even though this issue has nothing to do with the Ethereum network itself. Instead, the company’s DNS server has apparently been compromised. It is advised not to use the website until this matter is fully resolved.

Read more & Source: https://themerkle.com/etherdelta-has-been-compromised-due-to-dns-hijack/

🗞 Coinbase Accused of Technical Incompetence After Hoarding Millions of UTXOs

The Coinbase development team has been accused of “technical incompetence” after amassing millions of UTXOs through careless housekeeping. Unspent Transaction Outputs, or UTXOs, are the change that’s left after sending a bitcoin payment. Wallet providers are supposed to sweep these crumbs up and bundle them in with future transactions. Coinbase, it transpires, has been hoarding its, creating an expensive digital mess, and raising questions as to its readiness to implement scaling solutions.

Read more & Source: https://news.bitcoin.com/coinbase-accused-technical-incompetence-hoarding-millions-utxos/

🗞 ICO to Build Next Generation AI Raises $36 Million in 60 Seconds

SingularityNET raised $36 mln in one minute, completely selling out of its native AGI tokens. While this is an enormous amount of money to raise in an incredibly short period of time, it’s somewhat unsurprising considering demand. The company asserts that the issue was massively oversubscribed, with 20,000 people registered to participate, seeking to buy $361 mln worth of tokens.

“[Screening] all applicants using layers of algorithms, in addition to manual review, to comply with global KYC/AML regulations. This reduced the pool of contributors to 5,000, but also set a new standard for fundraising via Blockchain with respect to global legislation.”

Read more & Source: https://cointelegraph.com/news/ico-to-build-next-generation-ai-raises-36-million-in-60-seconds

🗞 The SEC Crackdown on Suspicious Cryptocurrencies Is Getting Serious

The U.S. Securities and Exchange Commission (SEC)’s investigation over shady behavior in the cryptocurrency market will only continue, said former chairman Harvey Pitt.

Read more & Source: https://news.bitcoin.com/the-sec-crackdown-on-suspicious-cryptocurrencies-is-getting-serious/

🗞 Belarus Government Cuts Taxes For Crypto Businesses

The government of Belarus has passed new statutes aimed in part at encouraging the development of companies around cryptocurrency and blockchain.

Read more & Source: https://www.coindesk.com/belarus-government-cuts-taxes-crypto-businesses/

BTC Trading Update by @cryptopassion

As I explained you in my previous publication, one scenario was to go back inside the trading canal range :

We should now make some moves inside that trading canal range and the objective will be to break it by the UP or the DOWN.

Be again prepared to the fact that the Break Out will be again quiet powerfull and that it could be a DOWN break out.
No one can knows the direction for sure so I would suggest you to keep an eye in that canal and see which direction the market will take and adapt your position in consequence.

🗞 Daily Crypto News, December 22nd💰
🗞 Daily Crypto News, December 21st💰
🗞 Daily Crypto News, December 20th💰
🗞 Daily Crypto News, December 19th💰

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