EthereumEthereum ETH news

An indespensible element to the entire Ethereum smart-contract platform, a 'fuel' for it
Price, 24h
86.22 USD / 0.02629000
-1.15% / -0.76%
Volume, 24h
531,113,889 USD
-9.74%
Marketcap
8,896,288,124 / 8.6%
Emission
Chart price/vol/NIS 7d
Asset details

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Ethereum’s Unique Addresses Reach 50 Million But Active ETH Addresses Dropping Significantly

Most of the news for cryptocurrency lately has been, at best, unenthusiastic. Many coins are performing badly and are still at a low points, but there’s so much more involved with a successful platform beyond the coin they tote. Ethereum, for example, recently reached a milestone for any platform in the industry, as The Block found that they’ve officially passed 50 million unique Ethereum addresses. Based on the data, they haven’t seemed to have loss any momentum in their growth, despite the bear market. Obviously, the growth for price hasn’t been as substantial as early this year, when ETH was being sold for $1,000, and the demand for their token and dApps was at its highest point. Just as an example for the comparison, on January 4th, during the altcoin boost, there were 352,888 new addresses on that day alone. On average, the network sees about 70,000 new addresses every day, which is a fairly high number. Unfortunately, though the growth of the network is a positive change, there are plenty of issues that need attention. Even with the high number of addresses total, the active addresses have declined. While over 700,000 addresses were sending and receiving transactions in January, only about 232,000 performed similar actions just a day ago. To make matters worse, this means that barely half a percent of all of the addresses are even participating in the market. Daily transactions have fallen with Ethereum too, from approximately 1.3 million at the beginning of January to 551,916 yesterday, which amount to about six transactions every second. Even with the downsides over the last year, and even this month, Ethereum is having a good day today. Based on data from CoinMarketCap, Ethereum is trading at $85.49 right now, though it was a few dollars higher at the start of the day.
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Ethereum Price Surpasses Bitcoin Cash for First Time Ever

The price of ether has surpassed that of bitcoin cash for the first time ever, becoming the latest negative milestone in a tumultuous few weeks for the world’s fourth-largest cryptocurrency by market capitalisation. According to data from CoinMarketCap, Ethereum traded at $85.51, while bitcoin cash traded at $82 at press time. Bitcoin Cash Post-Fork Woes Following The post Ethereum Price Surpasses Bitcoin Cash for First Time Ever appeared first on CCN
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Ethereum (ETH) Daily Price Forecast – December 17

ETH/USD Medium-term Trend: Ranging Resistance Levels: $240, $250, $280 Support Levels: $80, $70, $60 Last week the price of Ethereum was in a bearish trend. On December 9, the crypto’s price reached the high of $99 while in a bullish trend. Later, the crypto’s price fell to the bearish trend zone after facing resistance at the $100 price level. On December 15, the price of Ethereum fell to the low of $83.56 and commenced a bullish movement. The crypto’s price broke the EMAs and it is now trading in the bullish trend zone. The price of Ethereum will rise if the crypto’s price remains above the EMA. The EMAs now provides a support for the crypto’s price. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the price of ETH is below 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone. ETH/USD Short-term Trend: Ranging On the 1-hour chart, the crypto's price was in a bearish trend. On December 15, the crypto commenced a bullish movement and broke the 12-day EMA and the 26-day EMA. The ETH price is now trading below the EMAs. There is the likelihood that price will rise if price reams in the bullish trend zone. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the crypto’s price is below 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone. The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
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Ethereum Price Analysis: ETH Could Turn Bullish Above $90

Key Highlights ETH price recovered recently, but it failed to break the $88 resistance against the US Dollar. There is a major bearish trend line formed with resistance at $87 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $87, $88 and $90 resistance levels to move into a positive zone. Ethereum price is struggling to recover higher against the US Dollar and bitcoin. ETH/USD could start a solid upward move if there is a break above $90. Ethereum Price Analysis There was a decent bullish reaction from the $80 support in ETH price against the US Dollar. The ETH/USD pair climbed above the $84, $85 and $86 resistance levels. There was even a spiked above $86 and the 100 hourly simple moving average. However, buyers failed to hold gains and the price retreated from the $88 resistance area. It declined below the 50% Fib retracement level of the last wave from the $80 low to $88 high. Moreover, the price traded below the $85 support and the 100 hourly SMA. At the moment, the price is holding the $83 support. Besides, the 76.4% Fib retracement level of the last wave from the $80 low to $88 high is at $82.50. A break below the $82 level will most likely push the price back towards the $80 level. On the upside, an initial resistance is near $86 and the 100 hourly SMA. Additionally, there is a major bearish trend line formed with resistance at $87 on the hourly chart of ETH/USD. Looking at the chart, ETH price is facing a solid barrier near the $86, $87, $88 and $90 resistance levels. Therefore, a successful close above $88-90 may perhaps clear the path for more gains towards $100 in the near term. Hourly MACD – The MACD moved back in the bearish zone. Hourly RSI – The RSI declined below the 50 level and it is currently showing bearish signs. Major Support Level – $80 Major Resistance Level – $88 Ethereum Price Analysis: ETH Could Turn Bullish Above $90 was last modified: December 17th, 2018 by Aayush JindalThe post Ethereum Price Analysis: ETH Could Turn Bullish Above $90 appeared first on NewsBTC.
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Ethereum (ETH) Network Hits Key Milestone Amid Crypto Bear Market

Ethereum Eclipses 50M Addresses According to data compiled by The Block from Etherscan.io, the number of unique Ethereum addresses (not wallets) has recently surpassed a key, round number milestone at 50 million — a monumental accomplishment for any network. Interestingly, even amid 2018’s dismal unpredictable bear market, the growth of this figure hasn’t slowed (much), as depicted in the graph below. Yet, this statistic’s current growth prospects are a far cry from those seen in early-January 2018, which was when ETH surpassed $1,000, and while demand for DApps and Ethereum (token) trading shot through the metaphorical roof. For example, on January 4th, as the altcoin mania was nearing its peak, 352,888 new addresses were created in a single day. Today, approximately 70,000 new addresses are added to the network each and every day, which is far from a measly sum, to say the least. This could indicate that tens of thousands of consumers still see value in what Ethereum has to offer, as processes have become even cheaper, specifically due to market qualms. It Isn’t All Sunshine And Rainbows  While the network’s continual growth is a welcome sight, it isn’t all sunshine and rainbows, so to speak. As noted by The Block, the number of active addresses, or accounts that send and receive transactions on the day-to-day, has actually fallen, even while total addresses have been well on the rise. On January 16th, 2018, 719,093 Ethereum addresses sent and/or received transactions, that same figure sits at a dismal 232,085 on Saturday — not the end of the world, but a harrowing sight nonetheless. Worse yet, active Ethereum addresses only account for 0.46% for all unique addresses in existence, a far cry from the ~3.5% seen in January. The number of daily transactions on the network has also fallen, from 1,349,890 on January 4th — a seeming important date in Ethereum’s multi-year history — to 551,916 as of yesterday. To give the latter figure some perspective, 551,916 daily transactions amount to 22,996 an hour, 383 a minute, and 6.4 a second — a far cry from what Visa processes. ETH Posts Slight Gain In ‘Sea Of Green’ In spite of the caveats of Ethereum’s current state, Ether has performed relatively well over the past 24 hours. According to Coin Market Cap, the asset is up to $85.5 apiece, while posting a slight gain of 1.2% in the past day. Although ETH is outperforming its rivals in Bitcoin (BTC), XRP, and EOS by less than 1%, it has underperformed a number of other prominent altcoins — Litecoin (+7.61%), Bitcoin SV (+11.09%), and Maker (+7.92%). At the time of writing, the market capitalization of cryptocurrencies is at $103 billion, with volume backing the market moves amounting to $10.4 billion (unadjusted). Title Image Courtesy of Samuel Zeller on Unsplash The post Ethereum (ETH) Network Hits Key Milestone Amid Crypto Bear Market appeared first on Ethereum World News.
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This Week in Crypto: Amazon to lead next bull run, BTC undervalued, XRP on Coinbase, Best time to buy Bitcoin, ETH and EOS Better than Tron? And More

The week 9 to 15 December was another bloody week for cryptocurrencies. The market has been bearish with the top cryptocurrencies bleeding until today when it has sustained the green zone. A number of other interesting stories also unfolded, the best of which we have picked and summarized for you in this weekly summary just in case you missed any of them. Bitcoin Amazon expected to drive next Bitcoin bull run Like I mentioned earlier the market has been bearish with BTC slipping below $3,200 this week, a year-long low and no one knows when the next bull run will happen. However, Bitcoin enthusiasts and investors have indicated their expectation the CEO of Amazon Jeff Bezos to facilitate the next bull run. This, the CEO of crypto exchange Binance Changpeng Zhao believes is possible if Amazon’s large online store can adopt the use of cryptocurrency for payments. Bitcoin will rise much higher says strange man with previous accurate predictions In the face of the bear market, a man simply known as “davincij15” has appeared with a video on Youtube to give enthusiasts and investors fresh hope. The man who has made several accurate predictions in the past including the 2018 cryptocurrency crash said BTC price will rise higher than most people think and will not crash to zero. Tom Lee says Bitcoin is undervalued Also speaking on the price of BTC, Tom Lee, head of Research at Fundstrat said BTC is grossly undervalued. In Lee’s opinion, BTC should be worth ~$15,000 considering the over 22 million wallet addresses that are actively in transactions on the network. He also refused to make any predictions on the future price of BTC or when the next bull run should be expected. New investor buys 10 BTC Something interesting happened. While the market has been on a decline for a long time and many have sold their BTC, an investor came on Reddit to announce his purchase of 10 BTC which he said he was proud of. He said he has waited for the crash to happen so he can invest in the asset. Contrary to what inexperienced traders believe, this man seems to understand that it is best to buy when the market is in its worst state. No doubt he has spent years studying the market and how crypto investment works before deciding to invest. Researchers say Bitcoin is not dying anytime soon Finally on Bitcoin, although many have predicted that BTC will not recover from the current crash and is gone for good, a group of researchers from Cambridge University says the asset isn’t done yet. This they found out as a result of the second Global Crypto asset Benchmarking Study which suggests that the cryptocurrency market cannot fall apart because there is sufficient framework in place to keep it going and will experience a breakthrough soon. Ripple Is XRP a security? Following a declaration by Ronald Tichenor of the CryptoIQ that “XRP is a Security, but Ripple Doesn’t Want You to Know”, the cryptocurrency community has been left with the puzzle of whether XRP is actually a security. While Ripple’s CEO  Brad Garlinghouse had argued that XRP is not a security because it solves a real problem, it is decentralized and no one thinks they are buying shares of Ripple, Tichenor countered all his points saying the company should make amends before the SEC names the asset a security. With this “revelation”, investors are concerned about SEC’s verdict and how it may affect their investments. Will Coinbase ever list XRP? Coinbase, a top cryptocurrency exchange had shown its intention to list XRP on its exchange. However, several months down the line, the asset has not been listed although several others have. Although the CEO of RIpple Brad Garlinghouse expressed confidence that the asset will be listed because of its great performance in the payment industry, Coinbase still seems reluctant about listing XRP. This may have to do with the uncertainty concerning the status of XRP as a security which is yet to be decided by the SEC. Google asked ‘how to buy Ripple’ Many people have coaxed Google on ‘how to buy Ripple‘ the company that created the XRP token. However, a senior vice president of Ripple, Monica Long has repeatedly said the company is not for sale. Monica also said those offering to buy the cryptocurrency are not really interested in the company (Ripple) but are rather after the asset (XRP). she also added that “What is Ripple” is one of the most searched phrases on the Google search engine, suggesting that the company is growing and drawing exceptional positive attention to itself. Swift Society for Worldwide Interbank Financial Telecommunications, SWIFT CEO Gottfried Leibbrandt hung his boots, according to reports this week. Although the CEO did not give any clear reasons for his resignation, it is speculated that it has to do with the fact that Ripple is taking over its business by offering the same payment services as SWIFT but at a cheaper rate and much faster. Under Leibbrandt, SWIFT has established partnership with most banks and other financial institutions around the globe and has been a leader in the payments industry until recently when Ripple came on board with better technology. Weiss Ratings Weiss Ratings says now is the time to buy BTC It is no longer news that Bitcoin has been in a prolonged bear market that has worsened recently. However, the globally respected financial research and analysis company Weiss Ratings says now is the perfect time to buy the asset. According to the company, Bitcoin will experience another bull run soon with projects like Bakkt that will be launched soon. Weiss Ratings has been very useful in guiding investors on when to buy assets and which to buy so their verdict on Bitcoin may be a great source of encouragement to investors on Bitcoin investment. Weiss Ratings says both Ethereum and EOS networks are better than Tron Tron CEO Justin Sun has urged developers on the Ethereum and EOS networks to migrate their projects to Tron, promising to help them repair their “collapsed” platforms. In response to Tron’s claim that his network is better than Ethereum and EOS, Weiss Ratings has said both platforms are better than Tron so there is no need for developers to migrate to Tron. Tron exceeds 2 million transactions per day This week, Tron’s Justin Sun in a tweet said the company has recorded 2.5 million transactions in a day. The company has also gained an advantage with more developers migrating their projects from EOS and Ethereum to its own network. The company has invested heavily in its system to make it conducive for developers and it seems they are finally reaping the fruit of its labor despite. Bitcoin Cash Top among happenings with Bitcoin Cash (BCH) this week is the fact that it got knocked off the 7th position on the cryptocurrency list by market capitalization. Replaced in the position by Litecoin, BCH has gone down one step and seems to have settled in the 8th spot. The cryptocurrency has been struggling since the BCH fork which took place in November and is yet to recover from the effect. It is unlikely that BCH will reclaim its position because although it is now in the green like most cryptocurrencies, Litecoin is still ahead of it by over $100 million as opposed to the former $70 million. The other fork Bitcoin SV is almost catching up with it. Will it overtake BCH as well? The post This Week in Crypto: Amazon to lead next bull run, BTC undervalued, XRP on Coinbase, Best time to buy Bitcoin, ETH and EOS Better than Tron? And More appeared first on ZyCrypto.
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India thinks whether to ban or not BTC, Upbit states the importance of crypto regulation, Dutch central bank to regulate crypto companies, Spain is preparing a draft regulation bill, South Korea convenes for debate with seven crypto exchanges, Chile declares that crypto regulation is in progress & other news on regulation

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HIGHLIGHT

There are 4k crypto ATM worldwide, according to Сoinatmradar. The leader is North America with 71.3% of all machines installed, following by Europe (25%) and Asia (2.56%). The most popular altcoins are LTC and ETH, correspondingly. Rates come up to 8.85% buying rate and 7.9% selling rate on average

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DIGEST

This week twitter-community is waiting for the BCH fork, reading Vitalik Buterin and expressing opinions... — nothing uncommon, but quite lively

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DIGEST

Warren Buffett invests $600M, Coinbase is worth $8B, StarkWare acquires $30M, USD issues over $125M in investments, NXMH obtains Bitstamp, Algorand receives $62M, Thailand alerts against investments in ICOs, Ripple confirms the institutional investments growing, Kevin O’Leary invests $100M, Nouvive provides an investment observation, OK Blockchain Capital conducts an Investment Sentiment Survey, Steve Wozniak discusses his BTC investment

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Crypto Bear Market is So Bad That an ICO is Day Trading its Holdings

Every day, the crypto market is on the verge of entering darker territory, and as prices continue to plunge, many cryptocurrencies have become the victims of sudden sell-offs. An initial coin offering (ICO) called Substratum has even taken to day trading its present ether holdings to make up for potential losses. In a YouTube video, a figure named Justin from the Substratum network announces that the company is opening the doors to a token swap set to begin on Monday, December 17. The smart contracts for the company will begin then and batch transactions will start happening over the Ethereum network. Old Crypto Becomes New Crypto Prior to this date, executives will be moving any remaining Ethereum tokens in their crowdsale wallet over to a new wallet. If a person’s tokens are on Binance, the switch will be occurring natively through the exchange. Thus, customers will not need to worry. If a customer’s tokens are locked up in a wallet for an airdrop, they too will not need to take any steps. The move from the present wallet to the new wallet will occur on its own time. All older tokens will become frozen and unusable while the new tokens will be transferred into customers’ wallets. The company is also moving from two decimal places to 18 decimal places, which representatives claim will make transactions faster and more efficient. The smart contract has been fully audited by Quantstamp; furthermore, 120 million old tokens have been burned thus far. They will not be coming over through the transfer but will rather disappear into what Justin calls “the ether.” These tokens are set to disappear completely. The transfer will not be done within a set timeframe. The transfer is indefinite and will last until all customers’ wallets have received their new tokens. Predicting What the Future Holds Substratum now has a full-time trader on staff, who has suggested that Ethereum is going to be continually tested over the coming months. The bear market is not letting up and he has stated that Ethereum could fall to as low as $60. Executives are not necessarily looking to cash out. Instead, they will be trading only a portion of the Ethereum they possess, which they claim will give them the chance to “trade up” and potentially earn a little revenue before the crypto market falls any further. Once the market becomes bullish again, Justin claims in the video that Substratum will be in a better place and will be able to create newer (and better) products. Do you foresee the market getting even worse before it gets better? Post your comments below. Image courtesy of Shuttershock The post Crypto Bear Market is So Bad That an ICO is Day Trading its Holdings appeared first on Live Bitcoin News.
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States Take Cryptocurrency Regulation Into Their Own Hands As US Federal Government Focuses On Blockchain

States Take Regulation Of Cryptocurrency In Their Own Hands, As US Federal Government Focuses On Blockchain Technology The regulation of cryptocurrency has been an ongoing problem for the United States (US). They have managed to outline particular processes involved with blockchain technology and have many trials that examine the way that it works in their industries. However, the fact that even government authorities have different classifications for the same token groups makes it hard to know how to handle them. As a result of the confusion, any states are working to become the friendliest places for cryptocurrency. Ohio even made an announcement recently that they would allow their residents to cover taxes with the use of crypto payments. In the meantime, the authorities are still in a state of confusion with defining and regulating the assets that clearly are in demand for residents. The ones making the most noise about the lack of organization of the federal policies aren’t stakeholders or even enthusiasts; these concerns also involve academics. Carol Goforth, a professor at the University of Arkansas, recently noted that there are presently four different regulators within the federal government that oversee how digital assets are dealt with, from their categorization to their issuance, and further. These four entities are the: Commodity Futures Trading Commission (CFTC) Securities and Exchange Commission (SEC) Financial Crimes Enforcement Network (FinCEN) Internal Revenue Service (IRS) The CFTC sees crypto assets as commodities, though the IRS shares a similar view in calling them property. The FinCen, which is run by the Treasury Department, regulates them with the same rules as fiat currency, but the SEC sees them much differently as securities. Professor Goforth expressed her skepticism that the regulatory entities would work together anytime soon, leading her to encourage the coordination between them for a more nuanced approach. As she puts it, her version of the rules would force the federal government to deal with each cryptocurrency as it is introduced, specifically identifying them by their functionality and the motivations of users. This is a path that at least one instance shows is happening within the federal regulators. The CFTC publicly requested details on the functionality of Ether and the Ethereum Network on December 11th. The document has 25 different questions that deal with the platforms purpose, functionality, scalability, and more. However, the effort to address a single asset by the CFTC isn’t necessarily a sign that the industry is turning towards the idea that the professor had in mind. None of the other regulators have taking this move and are holding on to the regulatory measures that they already have in line. Still, there’s always a chance that congressional legislators will make some changes in their framework. Darren Soto and Ted Budd, who are both US Representatives, brought in two bills on December 6th that will help with the improvement of regulatory framework and reduce the risk of price manipulation. These bills are called the Virtual Currency Consumer Protection Act of 2018 and the U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018, respectively. These two bills offer specific regulatory changes that could be made for the process to be smoother for exchanges, users, and everyone else involved. The first bill discusses that many situations that can arise in the market for price manipulation. The other requests an in-depth study that aims to improve the “burdensome regulations that may inhibit innovation.” Warren Davidson, the representative of Ohio, spoke at a conference in Cleveland where he noted his intent to bring in a new bill that would create a new asset class for tokens. As such, the regulation of initial coin offerings (ICOs) would become significantly less difficult. A week later, Davidson suggested a crowdfunding event to help with the creation of the US-Mexico border wall, which would include the use of blockchain and “wall coins.” Even though there appears to be a significant lack of clear regulations regarding cryptocurrency, blockchain technology is already being applied to daily operations. The use of this ledger with supply chain logistics is easily its biggest application, and federal authorities are looking to use it for food safety as well, especially considering the recent E. coli outbreak. The Department of Homeland Security announced their intention to use the technology as a way to protect their own activities. Their three subsidiaries are working together for a clear record of documentation that will help with fraud, counterfeiting, and forgery. The defense authorities for the federal government recently established an app that would help the members of the armed forced to learn how to use blockchain technology for the supply chain as well.
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Bitcoin Supporter Says Crypto is Unconfiscatable as Long as It’s Not in Regulated Exchanges

Bitcoin has many different features, but one of the most important is the fact that users are the real owners of their funds as long as they keep their private keys. However, when users have their funds stored in exchanges, Bitcoin can be confiscated. During a Q&A session during a Tampa Meetup, he said that Bitcoin being non confiscatable applies to exchanges that are not regulated. In general, centralized virtual currency exchanges are not a safe place where to store funds. The company behind the exchange is able to manage the funds as it considers, block some accounts and even experience security issues. If Bitcoin wants to remain non confiscatable, the best what a person can do is to store them in cold storage wallets. No one is able to move the funds from there unless they have the private keys. At the same time, he said that Bitcoin does not have just a single price because there are different markets listing it. He compared the price of Bitcoin (BTC) with Apple stock explaining that Apple’s stock price is determined by supply and demand in just one place. He has also talked about Bitcoin ETF and the fact that to have a stable price of Bitcoin everything needs to sit in one place. He went on saying that having all the BTC in one place is a risk even when it creates a more stable market. For example, he emphasized the fact that if all the BTC are located in just one exchange, hackers might focus only on it. Furthermore, the US government would also have the possibility to confiscate the BTC that users own or trade them. There are several crypto platforms that are regulated, including exchanges such as Coinbase or Gemini. Governments would be able to confiscate the funds that users have on these exchanges, thus deleting one of Bitcoin’s main characteristics. Moreover, he said that Bitcoin being under the control of governments is not positive for the space. A lot of people would completely lose the faith in the popular virtual currency. This is exactly what Satoshi Nakamoto was trying to avoid when it created Bitcoin.
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Hong Kong Businessmen Targeted by Bitcoin Bomb Threats After Recent USA and Canada Attempts

There have been many different ways to steal funds from individuals in the cryptocurrency market. However, a new methodology has been applied in Hong Kong and other countries such as the United States. According to a recent report released by the South China Morning Post, businessmen in Hong Kong are being targeted by criminals that want to steal Bitcoin from them. These scammers try to steal Bitcoins from victims by threatening them that they will receive a bomb if they don’t send Bitcoins in the time span the scammers provide. One of the affected individuals is Michael Gazeley, the CEO of Network Box. He received a message in his business email with this Bitcoin bomb threat. Furthermore, he said that he had to pay $20,000 if he wanted to avoid receiving a bomb in his office. Gazeley said to the news outlet: “This looks like the third wave of blackmail emails plaguing the world in the past few years… I have never seen something like this, which sounds like cyberterrorism, in my 20-year career in cybersecurity.” Nevertheless, he was 99.99% sure that the message was not worth. Indeed, he mentioned that the email had some typo mistakes and the grammar used was not exactly good. That shows that the main intention is to take a few bucks from some individuals rather than really bombing an office. Hong Kong authorities did not provide further information about this issue, thus it is not possible to know the exact number of companies affected by these threats. This is not the first time that there are Bitcoin bomb threats around the world. A few days ago, as reported by NBC New York. Hoax bomb threats spread asking users to pay in Bitcoin. The New York Police Department (NYPD) informed on Twitter that there was an email circulating that contained a threat asking for a Bitcoin payment. However, they say that they did not find any devices in some of the places where the threat arrived. Please be advised – there is an email being circulated containing a bomb threat asking for bitcoin payment. While this email has been sent to numerous locations, searches have been conducted and NO DEVICES have been found. pic.twitter.com/7omOs13Z7Q — NYPD NEWS (@NYPDnews) December 13, 2018 The NYPD went on explaining that the threats are meant to cause disruption and/or obtain money in a fast way. Although the police will be responding to the calls made by the community, they believe that the threats are likely ‘not credible.’ This is not the first time that there are scammers trying to steal Bitcoin and other virtual currencies from users. Earlier this year, scammers on Twitter were asking for Bitcoin and ETH deposits using fake accounts that stole famous people’s identities.
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