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Bitcoin and cryptocurrency round-up: 12 February 2018

Posted: 12 February 2018 6:51 pm

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What's going on?

A simple potential crypto-price weathervane, new crypto payment solutions and a deep dive into the real bitcoin rich list.

Plus governments hit with a cryptojacking attack, a bit of Nano/BitGrail forensics and your weekly price analyses.

1. Speculators say the wind is blowing... up?

Popular opinion can be a good indicator of crypto prices – or a bad indicator. But if one thing's certain, it's that it may or may not indicate something.

Taking a look at what everyone else is betting on might be one of the simpler weathervanes around.

2. Buy and sell crypto online – even more online than usual

Coinbase is stepping up plans to let people buy and sell crypto with widgets, while other platforms like MetaMask are eventually planning to go one further. With developments like these, crypto payment systems are moving forwards.

3. Budbo and blockchain-based cannabis

Crypto Finder sat down with co-founder and president Luke Patterson at Blockchain Week 2018. Mr Patterson chatted about how Budbo is above others in the market and how they are working to scale the business whilst staying within the law. Watch more videos here.

4. Are you on the list?

Meet the top wallets. Come to ogle at number one (Bitfinex's $1.4 billion address), and stay for the mysterious Wallet 967.

5. Malicious and frankly rude hack attacks

A new spate of cryptojacking attacks have come to light, revealing that a range of government sites, including the Australian government's, were recently victimised.

The malicious software was found in the Browsealoud web plugin that reads content for visually impaired people and audiobook enthusiasts.

6. Non-malicious and frankly rude human error

BitGrail has gone insolvent following the disappearance of $170 million worth of Nano.

Evidence suggests it was caused by a consistent and repeated failure to read the manual, possibly accompanied by rude intent.

7. Price analyses: Are you feeling lucky edition

  • Litecoin's an erratic mixed bag
  • Bitcoin shed a lot of value but has some strong indicators
  • Ethereum's giving mixed signals
  • Ripple's feeling lucky

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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Picture: Shutterstock

Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, NANO and SALT

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