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Tag Archives: Demand

Hackers Demand $6.3 Million in Bitcoin From Malaysian Media Giant

Twitter Facebook LinkedIn Advertisement Ransomware creators have attacked Malaysian media giant Media Prima Bhd and are demanding bitcoins before they can allow access to the company’s compromised computer systems. According to The Edge Markets, which initially broke the news, the hackers struck on November 8 consequently denying the company’s employees access to the email system. The hackers are now demanding ...

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Demand For Crypto From Millennials Continuing to Rise Rapidly

Twitter Facebook LinkedIn According to a study conducted by Deidre Campbell, Global Chair of Financial Services at Edelman, reported by the New York Post, crypto still remains as a preferable long-term investment amongst millennial investors. “Anyone that has crypto tells me they wish they bought it sooner,” said Campbell, whose study revealed that more than 25 percent of millennials are ...

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BTC/USD Increasing Demand ahead of BCH Hard Fork

Aside from regulatory involvement, uncertainty in other blockchains often draws demand for Bitcoin as a store of value. It did happen before and three days before Bitcoin Cash software upgrade, capital could flow into Bitcoin lifting prices above $6,600 igniting short term bulls aiming for $7,200. Latest Bitcoin News Still, Bitcoin Cash is one of the most fluid and valuable ...

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Geopolitical Tensions Create Demand for Systems to Replace SWIFT

US Treasury Secretary Steven Mnuchin recently threatened SWIFT, the global financial messaging service, with penalties if it does not comply with new US sanctions and cut off entities doing business with Iran, which has created a demand for alternatives to SWIFT. The Belgium-based institution, SWIFT (Society for Worldwide Interbank Financial Telecommunication), supports over 11,000 financial institutions in over 200 countries ...

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Grayscale Secures $330 Million in Crypto Bear Market, Demand Booming

It goes without saying that 2018 hasn’t treated the crypto market all too well. The value of all altcoins, along with Bitcoin, have collectively fallen by over 70%, with retail trading volume falling by a similar figure. However, as is the common theme with markets of any size, there’s a definite silver lining in the abstract cryptocurrency cloud. This silver lining, ...

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Engineers are Leaving Silicon Valley Firms to Crypto; Sign of Demand

In recent months, an increasing number of engineers and developers announced that they are leaving established Silicon Valley tech companies in search for new opportunities in the world of blockchain and crypto. Firms like Facebook, Apple, Google, Netflix, and Amazon are all viewed as target companies for most engineers. However, even these giants are rapidly losing their best developers to ...

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West Haven City Council Pays $2,000 Ransomware Demand

Ransomware attacks are still a pressing problem in 2018. Although such stories have seemingly become less apparent in the past few months, the city of West Haven in Connecticut was forced to make a crucial decision. City officials decided to pay $2,000 worth of Bitcoin to get rid of this malware, even though such demands should never be met in ...

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EOS Demand High as IOTUSD Reverse from 50 Cents

Today, odds are we might see higher highs after 10 days of horizontal and price inactivity. Therefore, following 90+ percent drops from 2017 highs, IOTUSD, EOSUSD, LTCUSD and TRXUSD could print higher by end of week. Let’s have a look at these charts: EOS/USD: EOS Price Analysis Even with “unacceptably” low trading volumes and thin order books, blockchain adoption is ...

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AMD Estimates Poor Q4 as Demand for Crypto Chips Dwindles

A promising demand prediction for crypto mining chips led AMD on a manufacturing spree. But the chipmaker’s latest revenue forecast reveals that it misread the market. The American multinational said that it now expects the revenue of the fourth quarter of 2018 to be about $1.45 billion. That marks a 150 million dollar cut from the original estimates at $1.6 billion, ...

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Demand for Blockchain Engineers Has Grown 400% Since End of 2017, Report Says

The average earnings of a blockchain engineer have soared to between $150-175,000 per year, CNBC reported Oct. 21, citing Hired’s 2018 State of Salaries Report. Far higher than the $135,000 average software engineer salary, the figure puts blockchain engineers in the same pay bracket as artificial intelligence (AI) specialists, as the pace of blockchain recruitment demand gathers pace. The figure ...

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