Author: Miller Trump

GitHub Ghost Network: A Hidden Threat on Code Hosting Sites A secret network of approximately 3,000 “ghost” accounts on GitHub has been quietly manipulating pages on code hosting sites to spread malware and phishing links, according to new research from Wired magazine. The Rise of Stargazer Goblin Researchers at cybersecurity firm Check Point have identified a cybercriminal known as “Stargazer Goblin” who has been hosting malicious code repositories on Microsoft-owned platforms since at least June last year. This individual has been using fake accounts to manipulate GitHub pages and make them appear legitimate by garnering stars, forks, and monitoring activities.…

The Controversial Plan to Help Low-Income Thais Buy More Goods The Thai government’s controversial plan to provide financial aid to low-income citizens in the form of shopping subsidies has stirred up mixed reactions among the population. The initiative, which originated as a campaign promise to boost the purchasing power of struggling families, has sparked debates on its potential impact on the economy and society as a whole. Economic Implications of the Subsidy On one hand, proponents of the subsidy argue that it will stimulate consumer spending, boost demand for goods and services, and ultimately fuel economic growth. By providing financial…

Bitstamp Begins Distribution of Mt. Gox Bitcoin and Bitcoin Cash Bitstamp, a popular cryptocurrency exchange, has announced its plans to start distributing Bitcoin and Bitcoin Cash from the now-defunct Mt. Gox on Thursday, July 25. This news comes as a relief to creditors who have been waiting for over a decade to reclaim their digital assets. Bitstamp will have a separate distribution plan in place for its UK customers. Bitstamp Receives Mt. Gox BTC In an official statement, Bitstamp confirmed that it had received assets from Mt. Gox and would start the distribution process in July 2024. The exchange expressed…

Ethereum-based Prediction Market Polymarket Expands Payment Options According to MoonPay, Polymarket now accepts most fiat payments as well as cryptocurrency purchases through PayPal. This move marks a significant step forward for Polymarket, an Ethereum-based prediction market platform that allows users to trade on the outcomes of real-world events. Diversifying Payment Options By expanding its payment options to include fiat payments and cryptocurrency purchases via PayPal, Polymarket is making it easier for users to participate in the platform. This move not only caters to cryptocurrency enthusiasts but also opens up the platform to a wider audience who may prefer to use…

Ontology (ONT) Experiences Surge in On-Chain Activity Ontology, a decentralized identity protocol, is witnessing a significant increase in on-chain activity, as reported in its latest weekly update. This rise indicates the increasing momentum of Ontology and its vital role in advancing the Web3 landscape through cutting-edge technology and enhanced user engagement. Expanding Ecosystem and On-Chain Activity The weekly report showcases a thriving ecosystem, with the number of decentralized applications (dApps) on the Ontology mainnet remaining stable at 177. Alongside this consistency, there has been a notable uptick in activity, with dApp-related transactions escalating by 1,595 to a total of 7,776,938…

Crypto Market Trends: A Closer Look Market Volatility The recent trends shaping the crypto market have been nothing short of fascinating. One of the most prominent features has been the extreme volatility in prices. Experts believe that this volatility is driven by a combination of factors, including regulatory uncertainties, market speculation, and macroeconomic trends. While this volatility can present significant risks for investors, it also offers opportunities for savvy traders to profit from sudden price fluctuations. As the market continues to mature, it will be interesting to see how these trends evolve and whether we can expect more stability in…

The Impact of UAE Central Bank’s Stablecoin Regulations The Central Bank of the United Arab Emirates recently approved a stablecoin regulatory framework that will significantly impact the cryptocurrency landscape in the country. The new regulations, scheduled to take effect in June 2025, will introduce strict guidelines on the use of digital currencies, particularly focusing on the use of dirham-backed stablecoins for payments within the UAE. This move aims to bring transparency and legal clarity to the cryptocurrency market, fostering secure interactions between fintech companies and virtual asset service providers. Restrictions on Major Cryptocurrencies Under the new framework, cryptocurrencies such as…

Bitcoin Traders Remain Bullish After Cooling-Off Period After a brief cooling-off period, Bitcoin traders have once again shown their bullish sentiment towards the cryptocurrency. Despite recent fluctuations in price, Bitcoin has managed to maintain solid support levels, indicating strong confidence among investors. The Resilience of Bitcoin Price Despite ongoing market volatility, Bitcoin has proven to be remarkably resilient, with price support remaining steady even in the face of external factors such as regulatory developments and macroeconomic trends. This resilience is a testament to the growing maturity and acceptance of Bitcoin as a legitimate asset class. Continued Investor Confidence One of…

Bitcoin traders remain bullish after cooling-off period After a brief cooling-off period, Bitcoin traders are once again demonstrating their bullish sentiment towards the market. Despite recent fluctuations, Bitcoin price support remains solid, indicating a strong foundation for continued growth. The resilience of Bitcoin Bitcoin has proven time and time again to be a resilient asset, capable of weathering market volatility and emerging stronger on the other side. This resilience is what attracts many investors to Bitcoin, as they see it as a store of value in uncertain times. Furthermore, recent institutional adoption of Bitcoin, such as Tesla’s investment in the…

New York City Subways to Introduce Gun-Scanning Metal Detectors The New York Police Department, under the leadership of Mayor Adams, will implement gun-scanning metal detectors at select city subway stations later this week. Despite criticism from civil rights advocates, Mayor Adams announced the decision to move forward with the technology provided by Evolv Technology as part of a pilot program. Implementation Plans and Cost During an afternoon press conference, Mayor Adams revealed that the detectors would be installed at a limited number of subway turnstiles on Thursday or Friday. The pilot program, expected to last 30 days, will incur no…

Violent Moped Attack Leaves Two Friends Injured Two friends leaving a Hell’s Kitchen bar were viciously attacked by a man riding a moped, leading to serious injuries for both victims. The incident, which took place on Ninth Avenue near West 43rd Street, left one of the victims in critical condition and the other with injuries that required medical treatment. Details of the Attack The victims, aged 38 and 56, were leaving Rudy’s Bar & Grill in Hell’s Kitchen when they were confronted by the attacker on a moped. The attacker initially hit the elderly man on the sidewalk with his…

Two Teenagers Rape 12-Year-Old Girl on NYCHA Building Rooftop A 12-year-old girl in East Harlem became the victim of a heinous crime when she was dragged up a flight of stairs and raped on the roof of a NYCHA building. The incident took place at the Jefferson Building near East 112th Street and First Avenue on Sunday evening. Brutal Attack on Innocent Victim According to the police, two young men, who appeared to be teenagers, attacked the girl and forcibly took her up the stairs to the building’s roof deck. They proceeded to rape her in a heinous act of…

XRP Price Surge Continues Amid Market Optimism The cryptocurrency market is witnessing a surge in optimism, with XRP leading the way with a four-day rally that has pushed its price up by more than 15% this week. Currently trading at $0.6141, XRP has seen its market value soar to $34.3 billion, solidifying its position as the sixth largest digital asset in the market. XRP’s Potential to Break Through Key Resistance Levels As XRP approaches the crucial $0.66 resistance level, market analysts are closely watching to see if the cryptocurrency can break through. If successful, the next target for XRP is…

Biden-related meme coins plummet as President exits 2024 race The Rise and Fall of Biden Meme Coins Biden-related meme coins have recently experienced a significant decline in value, dropping by more than 60% since President Biden announced that he will not be running for re-election in 2024. These digital assets, which were initially created as a way to support President Biden’s campaign through blockchain technology, have now seen a sharp decrease in popularity and demand. The Impact of Biden’s Decision President Biden’s decision not to seek re-election has had a major impact on the meme coins that were associated with…

New York City Implements Safety Measures for E-Bike Delivery Workers Delivery workers in New York City who rely on e-bikes for their jobs will now benefit from new safety measures implemented by Mayor Adams. The city has announced a policy that allows workers to exchange unsafe bikes and batteries for approved ones and charge them at city-inspected stations. Addressing the Safety Concerns The new policy, backed by a $2 million investment, aims to tackle the alarming number of fires caused by faulty e-bike batteries in recent years. City officials have reported 733 fires linked to lithium-ion batteries since 2019. Mayor…

Attempted Murder Charge Dropped for Brooklyn MTA Bus Driver Stabber The attacker who allegedly stabbed a Brooklyn MTA bus driver in broad daylight last month was charged with attempted murder but was ultimately cleared due to a lack of indictment by a grand jury. Malachi Houston, 27, was arrested in connection with the incident but was released as the grand jury did not take action within the required six days. Violent Encounter Leads to Stabbing The violent incident took place on June 8 when Houston lost his temper over the direction of the bus, sparking a heated argument with the…

MicroStrategy’s Success Driven by Bitcoin Investments MicroStrategy, under the leadership of Michael Saylor, has been making headlines with its aggressive Bitcoin investment strategy, leading to impressive financial returns. The company’s stock has outperformed major tech giants like Tesla, Nvidia, and Microsoft, primarily due to its substantial holdings of Bitcoin. The Rise of MicroStrategy Stock Since the beginning of 2024, MicroStrategy shares have surged by 135%, closely following the rise in the value of Bitcoin. This upward trend has been a result of the company’s strategic accumulation of Bitcoin as a core reserve asset, with holdings amounting to 226,331 Bitcoins valued…

Stellantis Recalls Over 330,000 Vehicles Due to Faulty Seat Belt Sensors U.S. auto safety regulators are looking into complaints regarding some Ram pickup trucks and Jeep Wagoneer SUVs potentially losing power, entering park gear, and activating emergency braking systems. This investigation, announced by the National Highway Traffic Safety Administration, specifically focuses on approximately 150,000 2022 models produced by Stellantis. These vehicles are equipped with the company’s 5.7-liter Hemi e-Torque mild-hybrid system, which enables the vehicle to generate its own power. According to the agency, the system is designed to convert energy captured during braking into power for various electrical components,…

The Rise and Fall of ETHTrustFund ETHTrustFund followed successful projects such as Olympus and Wonderland, initially attracting investors with a unique rebase mechanism. The project aimed to offer blockchain-based bonds and issue new ETF tokens to users who pledged their holdings. Unlike traditional rebaseDAOs that continuously increase the supply of tokens, ETHTrustFund aimed to eventually devalue its tokens in order to increase the value of the remaining supply and generate income for investors. However, the project’s trajectory took a dramatic turn when lead developer Peng reportedly stopped communicating with the community in April. Accusations of a $2 Million Scam Recent…

The Growing Acceptance of Cryptocurrencies in New York Cryptocurrencies, once considered a niche market catering to tech-savvy individuals, are now increasingly becoming a part of everyday life in New York. From retail shops to restaurants, more businesses are starting to accept cryptocurrencies as a form of payment, signaling a shift towards mainstream adoption. This trend is not only evident in popular cryptocurrencies like Bitcoin and Ethereum, but also in the emergence of new altcoins looking to make a mark in the market. Market Evaluation and Outlook The acceptance of cryptocurrencies in everyday transactions is a positive sign for their future…

Forcount Scammers Plead Guilty: What You Need to Know On July 22, two of the five individuals suspected of orchestrating a fraudulent scheme that resulted in the theft of $8.4 million from unsuspecting investors by promoting Forcount between 2017 and 2021 have pleaded guilty. The Scam Unravels: How Forcount Fooled Investors The scam involved the promotion of a cryptocurrency called Forcount, promising high returns to investors who contributed funds to the project. The scammers utilized social media platforms and online forums to spread false information about the legitimacy and profitability of Forcount, ultimately convincing individuals to invest millions of dollars.…

Digital Investment Products Driving Bitcoin Demand As digital investment products gain momentum, the demand for Bitcoin has been steadily rising. Investors are increasingly looking towards cryptocurrencies as a viable asset class, with Bitcoin leading the way as the most recognized and established digital currency. The Rise of Institutional Interest One of the key drivers behind the surge in Bitcoin demand is the growing interest from institutional investors. Large financial institutions and corporations are beginning to see the potential of Bitcoin as a store of value and a hedge against inflation. This influx of institutional capital has brought a new level…

Keyphrase: Ethereum spot ETF The recent approval of the Ethereum spot ETF has attracted major players in the financial industry. BlackRock, Fidelity, and Grayscale have all been granted permission to offer this popular investment vehicle, signaling a new era of institutional participation in the cryptocurrency market. Influx of Capital This development is poised to bring billions of dollars into the Ethereum ecosystem, providing a significant boost to the digital asset’s market capitalization. As these established investment firms begin offering the Ethereum spot ETF to their clients, we can expect to see a surge in demand for the cryptocurrency. Transition words…

Resignation of Alva Rice as NYC Civil Complaint Review Board Chair Alva Rice, the Chair of the New York City Civil Complaint Review Board, has officially resigned from her position, citing Mayor Adams’ request as one of the reasons for her decision. Her resignation comes three months after Mayor Adams was called upon to address the police shooting of a mentally ill individual in the Bronx. Reasons for Resignation Rice, who has been serving as the interim chair of the Police Oversight Commission since February 2022, expressed in her resignation letter that her final day in office will be August…

Arrest Made in Brutal Attack on Brooklyn MTA Bus Driver An angry passenger who stabbed a Brooklyn MTA bus driver in the neck with a bottle has been apprehended, according to police reports. Malachi Houston, 27, was arrested for attempted murder after allegedly assaulting 60-year-old Isaac Egharevba in East New York on June 8. Details of the Attack The incident occurred around 11:45 a.m. while Egharevba was driving a B99 bus near Pitkin and Alabama Avenues. The victims’ union revealed that the assailant became agitated after being directed to take a detour. In a fit of rage, the attacker stabbed…

Bitcoin as a Hedge Against Uncertainty Bitcoin, the first and most widely recognized cryptocurrency, has gained popularity as a safe haven asset in times of economic uncertainty. With a fixed supply of 21 million coins, Bitcoin offers protection against currency devaluation and political instability, making it an attractive investment for many individuals and institutions around the world. The Advantages of Bitcoin One of the key advantages of Bitcoin is its decentralized nature. Unlike traditional fiat currencies that are controlled by governments and central banks, Bitcoin operates on a peer-to-peer network, allowing for greater autonomy and security. Additionally, Bitcoin transactions are…

Bitcoin Price Volatility: Analysts Explain Fluctuations Bitcoin, the world’s leading cryptocurrency, has once again experienced a period of volatility. The price of Bitcoin fluctuated as low as $66,000 before recovering to the top of its intraday range. Many analysts have been closely monitoring these fluctuations and attempting to explain the reasons behind Bitcoin’s current volatility. The Influence of Market Sentiment One of the key factors influencing Bitcoin’s price volatility is market sentiment. Traders and investors often react to news and events in the crypto sphere, leading to rapid price fluctuations. For example, regulatory announcements by governments or major corporations can…

Bitcoin Price Volatility: Why Did It Fluctuate Today? Bitcoin, the world’s most popular cryptocurrency, experienced significant fluctuations in price today. The digital currency dropped as low as $66,000 before bouncing back to the top of its intraday range. Many investors and analysts are closely monitoring these price movements to understand the underlying factors driving this volatility. The Impact of Market Sentiment One of the primary reasons for Bitcoin’s price fluctuations is market sentiment. Investor confidence plays a crucial role in determining the direction of prices, and any negative news or FUD (Fear, Uncertainty, Doubt) can lead to a sell-off. On…

Bitcoin’s Price Fluctuation in July In the second week of July, Bitcoin experienced a sudden drop below the $55,000 level, triggering a wave of concern among Bitcoin investors. The price dip led to a minor panic, with many wondering if this was the beginning of a larger market correction. However, as the selling pressure began to ease, it became apparent that the bullish rally was not over yet. Market Sentiment Shifts Towards Positivity Despite the initial shock caused by Bitcoin’s price movement, the cryptocurrency markets have quickly rebounded and shifted towards a more positive direction. What was once a climate…

Digital Investment Products in High Demand Amid Bitcoin Surge The demand for digital investment products is on the rise as investors seek exposure to the cryptocurrency market, especially as Bitcoin continues its upward trajectory. However, despite the strong buying activity in the digital asset space, investors are eagerly anticipating a significant catalyst that could propel Bitcoin to new all-time highs. The Rise of Digital Investment Products Over recent years, the popularity of digital investment products such as cryptocurrency exchange-traded funds (ETFs) and Bitcoin futures has surged, providing traditional investors with more accessible avenues to gain exposure to digital assets. This…