Hackers exploit zero-day bug to steal from General Bytes Bitcoin ATMs

Bitcoin ATM manufacturer General Bytes had its servers compromised via a zero-day attack on Thursday that enabled hackers to make themselves the default administrators and modify settings so that all funds would be transferred to their wallet address. The amount of funds stolen and the number of ATMs compromised have not been disclosed, but the…

Peak-and-Trough Analysis

Peaks and troughs are patterns that are developed by the price action experienced by all securities. As we know, prices never move in a straight line, whether in an uptrend or a downtrend. The term “zigzag pattern” has been used to describe peaks and troughs, and many charting software will have a “%-zigzag” indicator that…

Industrial Bank Definition

An industrial bank is a state-chartered financial institution, usually owned by a commercial enterprise, that is not regulated by a federal banking agency. Industrial banks accept deposits from customers and provide loans to consumers and small businesses. Industrial banks are also known as industrial loan companies (ILC). Industrial banks are only licensed by a few…

Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets

Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. inflation print proves setback Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it reached $28,528 on Bitstamp, its lowest since May 28. The pair had…

Commodity Investing: Top Technical Indicators

In any asset class, the main objective of any trader, investor or speculator is to make trading as profitable as possible. In Commodities, which includes everything from coffee to crude oil, we will analyze fundamental analysis and technical analysis techniques, which are employed by traders in their decisions to buy, sell or hold. The technique…

How Do Entrepreneurs Make Money?

Net Worth Secrets of Successful Entrepreneurs: Maximizing Gains in Business Ventures As an entrepreneur, you’ve likely poured your heart, soul, and significant resources into your business. The big question is: When and how will your efforts translate into substantial financial rewards? Understanding the nuances of entrepreneurial success is vital for those seeking to not only…

8 sneaky crypto scams on Twitter right now

Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and nonfungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and community-powered crypto threat mitigation system, Sentinel. In a 19-part thread posted on Aug. 21, Serpent outlined how scammers target…