Ransom group linked to Colonial Pipeline hack is new but experiencedWASHINGTON (Reuters) -The ransomware group linked to the extortion attempt that has snared fuel deliveries across the U.S. East Coast may be new, but that doesn’t mean its hackers are amateurs.

Who precisely is behind the disruptive intrusion into Colonial Pipeline hasn’t been…[Read more]

Russian spy chief denies SolarWinds attack – BBCLONDON (Reuters) -Russia’s spy chief on Tuesday denied responsibility for the SolarWinds cyber attack but said he was “flattered” by the accusations from the United States and Britain that Russian foreign intelligence was behind such a sophisticated hack.

The United States and Britain have blamed…[Read more]

Tencent Music says facing increased China scrutiny, is committed to laws(Reuters) – Tencent Music Entertainment Group (NYSE:TME) confirmed on Tuesday it is facing heightened scrutiny from Chinese regulators, adding it was “actively co-operating” with them and is committed to complying with all laws “including those related to anti-trust”.

This is…[Read more]

Asian shares push higher, dollar easesSYDNEY (Reuters) – Asian shares rose on Tuesday, shrugging off worries about an increase in regional coronavirus infections, while inflation jitters helped push gold prices to three-month highs.

Equities in Europe and the United States looked set to follow. FTSE futures rose 0.76% and EuroSTOXX 50 futures…[Read more]

European Stock Futures Higher; Fed Officials Calm Inflation FearsInvesting.com – European stock markets are seen opening higher Tuesday, helped by promises of continued Federal Reserve largesse ahead of the release of the latest growth data for the region.

At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.4% higher, CAC 40…[Read more]

Good morning community, have a wonderful day 🌞

Can someone explain to me why these crypto are dropping?

YOOO she is BACK!!

Sleep well cryptonauts 🌛

Crypto platform Coinbase’s 5% skid on verge of yanking stock below $250 reference price https://t.co/XL69CtA6e4

— MarketWatch (@MarketWatch) May 17, 2021

https://twitter.com/cryptoexp74145G/status/1394390257064361991

OK moving on .. with current volatility, BTC at $44K and transaction volumes high, #bitcoin momentum (200 Week Moving Average and Realized Value) is still up and onward. pic.twitter.com/PuJfozdWim

— PlanB (@100trillionUSD) May 17, 2021

Bottlepay App Lets Users Transact Bitcoin And Sterling Through TwitterAnalysis reveals that Bottlepay is the first app that facilitates bitcoin or sterling payments through Twitter. One tweet, for instance, ‘@bottlepay send @recipient £10’ will immediately send the command to shift the specified quantity of sterling from one user’s account to the…[Read more]

Traditional finance has much to learn from new entrant DeFiIncumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital…[Read more]

Bitcoin Holds Support, Massive Resistance Located At $50,000Bitcoin has been dropping gradually in recent days after it lost momentum, with traders disregarding the influence of institutional adoption. BTC continued to slide over the weekend and is now down around 18% month-to-date. The crypto approached initial support of around $42,000 that was…[Read more]

Elon Musk To Develop Own Crypto If Dogecoin Is Not ‘SatisfactoryElon Musk, the Tesla founder and CEO, said that he might go on to develop his crypto in case Dogecoin (DOGE), the crypto that launched as a joke, cannot do what he wants. Musk has been blamed for many movements in the cryptocurrency market after his company decided to acquire $1.5 b…[Read more]

Banking system consumes two times more energy than Bitcoin: researchAmid the ongoing concerns over Bitcoin’s (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin network.

Michael Novogratz’s cryptocurrency firm Galaxy Digital released a report Friday titled “On Bitcoin’s Energ…[Read more]

Bitcoin Bleeds: Tesla’s Bitcoin Intact, Says ElonElon clarified that Tesla (NASDAQ:TSLA) did not sell its Bitcoin holdings
The crypto market continues to bleed as Bitcoin price keeps dropping below $50k
The crypto market continues to bleed as Bitcoin price keeps dropping below $50k. The price drop started after Tesla closed its doors on a…[Read more]