Bitcoin Could End Current Consolidating With A Strong Rally To $10,500

Bitcoin is trading in a tight range above the $9,640 support against the US Dollar. BTC price is likely to surge higher if it clears the $9,800 and $9,880 range resistance levels. Bitcoin is trading in a positive zone above the $9,640 and $9,600 support levels. The bulls are likely aiming an upside break above the $9,880 resistance zone. There is a key bearish trend line forming with resistance near $9,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). A downside break below the 100 hourly…

Brave Partners With K-Pop’s BTS to Release Browser Exclusive to Japan

Cryptocurrency-powered web browser Brave is partnering with the Korean pop group BTS and Rush Gaming to provide a limited edition release of its browser for residents of Japan.  Japan’s Nikkei newspaper reported on June 5 that the Brave Browser and BTS — AKA the Bangtan Boys — have developed a browser exclusively for users in Japan. This is the first known collaboration between a privacy-based browser like Brave and a K-pop boy band.  According to the Nikkei, the two aim to find a new touchpoint between idols and fans. Users…

Ethereum Network Hits Massive Milestone as Analyst Eyes 200% Rally

Since the all-time highs that were seen at the start of 2018, the price of Ethereum has collapsed dramatically. From the $1,430 highs, the asset is now down approximately 85%, trading at $240 as of the time of this article’s writing. Despite the utter collapse in the market, the underlying network has seen dramatic growth. Data now shows that the number of Ethereum accounts has surpassed a key milestone: 100 million. Related Reading: The Ongoing Miner “Feeding Frenzy” Is Bullish for Bitcoin in the Long Run Ethereum Bags Key Milestone as…

Japanese Home Builder Using Blockchain to Simplify Rental Contracts

In Japan, one of the biggest home builders is making preparations for its contracts on certain rental homes to go on the blockchain. According to an announcement posted to the company’s website on June 8, Sekisui House said that it would use blockchain for rental housing contracts, including covering electricity and gas. The measures will be implemented before March 2021. Users staying in “Shamaison” rental homes will be able to register their phone numbers and addresses to enter the property without ever contacting a real estate agent. Existing technology makes…

Alchemy Pushes Real-Time Crypto Notifications to Your Device

One of the time-honored traditions in the crypto community may be on the verge of becoming obsolete. Alchemy, a blockchain development platform, is going live with Alchemy Notify — a push notification for developers that could signify an end to repeatedly refreshing your favorite block explorer while waiting for a transaction confirmation. The crypto user-experience is one of the most derided aspects of the industry, with critics claiming that the complicated nature of transactions, and the time it takes for many blockchain protocols to finalize them, means that cryptocurrency will…

Former KFC Employee Built a Crypto Drug Empire, Lost It All Today

The Leicester Crown Court ordered the seizure of over £1.8 million ($2.29 million) on June 8 from a UK individual who operated a multi-billion crypto drug empire from the attic of his home. According to the Harborough Mail, Paul Johnson, 32, a former KFC employee, ran a darknet marketplace from his semi-detached house in Leicestershire. Johnson was also sentenced to eight years in prison in February. Illegal operations hidden behind a bogus tea-trading business A business studies graduate, Johnson posed as a tea trader as a cover for his international…

Ransomware Gang Strikes Again with More Auctions Listing Stolen Data

Ransomware group REvil has started another auction on the dark web listing sensitive data stolen from two US-based law firms. The listing appeared June 6 through REvil’s official blog on the darknet, where bidders look to acquire 50GB of data from Fraser Wheeler & Courtney LLP and 1.2TB of data from the database of Vierra Magen Marcus LLP. Information auctioned includes client information, internal documentation of the company, electronic correspondence, patent agreements, business plans and projects, as well as new technologies that have yet to be patented. IP-related law firm…

Chainalysis Can Now Track Your ‘Privacy Coins’ Zcash & Dash

On June 8, Chainalysis announced support for privacy coins Zcash (ZEC) and Dash (DASH) making it easy for the law enforcement to track them. Calling Dash a privacy coin is a misnomer The company claims that it can trace the vast majority of Zcash and Dash transactions due to the fact that most users do not use privacy-enhancing features. When it comes to Dash, Chainalysis goes as far as to say that calling it ‘privacy coins’ is a misnomer, it concludes: “In fact, independent wallet softwares provide more advanced forms…

A New Token Lets You Save on Ethereum Fees by ‘Storing’ Gas

Ethereum (ETH)’s fees are hard-coded to only be payable in Ether, but a clever trick with smart contracts allows users to effectively pay for gas with a special token, which reduces the total fee they incur. This principle was used by the team behind 1inch.exchange, a decentralized exchange aggregator, to introduce the Chi token. The technology was formally announced on June 5, and it builds on a previous iteration of the concept, called Gas Token (GST). How does it work? Chi takes advantage of a mechanism that refunds gas when…