Bitcoin and Ethereum: new heights

BTC and ETH showed new price heights on the background of upcoming big events
13 October 2017   2115

Bitcoin price

Today, October 13, the rate of the Bitcoin confidently surpassed the level of $ 5500 and fixed a historic high at the mark of $ 5920 (Bitfinex exchange):

Bitfinex
Bitfinex Bitcoin Chart

On the hourly chart, a correction of the price with consolidation around $ 5550 is clearly visible.

As for other popular stock exchanges, such as Poloniex and Bitstamp, then on these trading floors the price did not reach such high values. The maximum bitcoin was slightly lower, near $ 5,800.

Thus, the price set the resistance level at $ 5800-5900. A strong support level is in the region of $ 4800-5200.

The current rise in the price of the first crypto currency is largely due to the approaching probable hardfoot Segwit2x. It is possible that investors are buying bitcoin in the hope of obtaining an equivalent amount of "alternative bitcoin," as it was in August this year.

Another important factor in price growth is the gradual growth of SegWit-transactions in the bitcoin network:

SegWit Charts
SegWit Charts

The graph shows that the share of SegWit-transactions in the bitcoin network already exceeds 10%.

According to the Coinmarketcap service, the current value of bitcoin capitalization is $ 95B. The aggregate capitalization of the crypto-currency market is $ 169.8 billion.

Ethereum price

Etherum gained more than 6% in last 24 hours, showing the rapid price rise. 

Ethereum Charts
Ethereum Charts

At the moment, average Ethereum price is $325.48 with historic maximum at $386.83 (was reached at Aug 31 2017). Market cap is more than $30B and 24h trading volume is almost $1B. 

Main reason of Ethereum price rise can be upcoming hardfork called Byzantium. At the moment, Byzantium launch is planned on the October 16, 2017. 

Chinese Miners to Fall Victims of Ransomware

Looks like ransomware came together with "improved" firmware, that should "overclock" device
21 January 2019   79

In China, a ransomware spreads, victims of which are Bitcoin miners. The damage from its activities is measured in tens of thousands of dollars. This is reported by Trustnodes.

The virus infects miners, released by Bitmain, and requires you to send 10 bitcoins, otherwise threatening to cause overheating of the device.

The problem is solved by formatting the SD card of the infected device, however, as Trustnodes notes, the whole process can take up to four days, while malicious software rapidly spreads to the other miners.

Compromised device
Compromised device

Probably, the virus comes with an "improved" firmware for miners. Some owners install such firmware to “overclock” their ASIC devices and improve their performance.

The first messages about the virus refer to August last year. In particular, Antminer S9, T9 and even L3 + for Litecoin were attacked. Over time, the malware has been improved. Now its distributor himself can decide when to display a message requesting a ransom. One miner also said that one night the address to which the 4,000 devices belonging to him sent the mined cryptocurrency was changed to the address of the hacker, which brought him $ 8,000.