Bitcoin fell below $6,700 in midnight diving; Ethereum network congestion was suspected of being attacked by rival spam

Bitcoin fell below 6,700 US dollars in midnight diving

Yesterday afternoon, Bitcoin showed a short-term rebound in a short period of time. The price returned to $7,100, but it quickly dipped at midnight on the 8th. It once fell below 6700, the lowest to 6670. The OKEX price before the release was 6,732 US dollars, a decrease of 2.88%. There was a significant correction in the major currencies, with ETH quoted at 377.9, a drop of 6.8%; EOS quoted at $6.57, a drop of 6.9%.

Ethereum network congestion suspected of being spam attack

Yesterday, a series of strange transactions occurred on the Ethereum network, which led to speculation that the network was attacked by spam. All transactions are connected to a single address, which now covers most of the Ethereum transactions. Starting at 2:45 am on Monday morning, US time, the address completed its first transaction, a 0.02 ether transfer. In the past 30 hours, the address has traded more than 48,000 transactions. One commenter speculated that rival EOS is preparing for an attack against Ethereum.

274 cases of bitcoin related litigation

According to data from the China Judgment Document Network, there are currently 274 litigation cases related to Bitcoin. Among them, there are 126 criminal cases, most of which are crimes of infringing property crimes and destroying market economic order; there are 107 civil cases, with contracts, no cause management, and unjust enrichment disputes; 2 administrative cases.

Safety Report: The invasion of enterprise server mining in July is on the rise

According to Tencent Security’s July Safety Report, the intruding enterprise server mining incident showed an upward trend throughout July. Many domestic hospital servers have been invaded, and the attackers violently cracked the remote login service of the hospital server, and pretending to run the remote assistance tool Teamviewer, occupying server resources for mining. At the same time, the mining Trojan will also destroy the security function of the operating system by modifying the registry, and turn off the opening warning when running dangerous programs.

Accenture applies for new hardware patents to seek to enhance blockchain security

According to CCN, Accenture applied for a patent to use hardware to increase the speed and security of blockchain transactions. Accenture believes that the rapid development of communications and electronic technology has driven demand for the technology and has also led to new security threats. According to a patent application filed on August 2, 2018, entities that need to execute complex transactions safely and efficiently include not only software processes and hardware systems, but also individuals.

SEC: Approving Bitcoin ETPs requires market regulation

According to Coindesk, the US Securities and Exchange Commission (SEC) recently released a report to the agency staff at the end of July by the encryption startup SolidX, which was completed before the Bitcoin ETF decided to announce it. The document states that historically, approved commodity trust exchange products (ETPs) are “mature, important, regulated markets”. By then, the SEC will consider whether Bitcoin ETPs comply with the provisions of the Exchange Act.

Yang Dong: Blockchain adapts to the development of digital economy with data as the core

According to China News Network, Yang Dong, director of the Center for Financial Technology and Internet Security at Renmin University of China and director of the Big Data Blockchain and Regulatory Technology Laboratory, believes that data is the foundation of the digital economy, while blockchain adapts to data as the core. The development of the digital economy. “Common votes”, one is “common”, a consensus, a total of wisdom, is a real share of the stock; the second is the “ticket”, payment, circulation, distribution, equity tickets. Under the impetus of blockchain technology, the common ticket has the possibility of sharing around the world. The common vote is to share, and to break through the capital monopoly through institutional reform and mechanism innovation.

[su_quote]This article is writing on 08 Aug 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258[/su_quote]