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Cybersecurity firm Symantec blocked a ransomware attack by a group known for demanding payment in Bitcoin (BTC) directed at 30 U.S.-based firms and Fortune 500 companies.The announcement published by the cybersecurity firm claims that the Evil Group, the malware gang behind the attacks, targeted the IT infrastructures of the firms.
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Airline stocks plunged by double digits as investors realized their horrid financials. American Airlines, as an example, is burning through $40 million in cash per day to cover daily costs. JPMorgan and Citi analysts doubt the upward trend of airline stocks is sustainable. Robinhood-using millennials and retail traders thought they outsmarted Warren Buffett
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XTZ, the native cryptocurrency of the Tezos blockchain platform, recently defeated a long-standing Head & Shoulder pattern.If successful, the bearish technical indicator could have crashed XTZ to as low as 523 sats.Its failure now puts the crypto en route to record highs.XTZ is trading almost 28 percent lower from its
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Reports are that Meghan Markle was “ill-prepared” for life in the royal family. Apparently, her career as a Z-list actress didn’t prepare her for becoming “the most famous woman in the world.” The problem is, Meghan had an agenda from the outset. The royal family is just a marketing
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The Dow Jones lurched toward a disappointing session on Friday. Fauci’s call to reopen the U.S. economy in a safe way failed to rally Wall Street. Trump’s surprise press conference turned out to be an utter non-event for the stock market. The Dow Jones dealt bulls a discouraging hand
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Since May 20 Bitcoin (BTC) price has dropped nearly 10%, shifting traders’ focus from taking out the $10K resistance to now holding above the all-important $8,800 support. The short-term bearish trend took hold after the top-ranked crypto-asset on CoinMarketCap experienced repeated rejections near the $10K mark, which took the form of
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Bitcoin makes a poor investment choice, well that’s according to the famed investor, Warren Buffet. Who sees more benefit in buying land over buying the number one cryptocurrency.Sun and Buffet Finally Lunch TogetherEach year, business magnate, Warren Buffett auctions a charity lunch in honor of the Glide Foundation, a San
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Bitcoin price jumped above the $9,550 resistance to invalidate a key head and shoulders pattern against the US Dollar. It seems like BTC is primed for a massive rally above $10,000.Bitcoin bears failed to push the price below the main $9,150 support against the US Dollar.The bulls gained control, resulting
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This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Richie Hecker is an entrepreneur, and management consultant at Traction & Scale. 2019 was the year of Libra rising – an attempt led by Facebook
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Libra, the much-scrutinized proposed cryptocurrency from Facebook (NASDAQ:FB), has “failed in its current form,” according to Swiss President and Finance Minister Ueli Maurer. Swiss President Critical of Libra Basket Maurer, who is in the final days of his year-long term as President of the Swiss Confederation, was speaking to the country’s national
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