Market Update 3.22.18 – NSA can Track Bitcoin Users
Market News
NSA can Track Bitcoin Users
Recent reports state that certain classified documents were leaked which reveal that the US National Security Agency (NSA) has developed a system that can locate senders as well as receivers of Bitcoin across the world.
According to these documents, the NSA’s system harvests, analyses and processes internet traffic data from the world using a program that is disguised as an anonymizing proxy software.
The surveillance program is supposed called “OAKSTAR” and is actually a set of secret partnerships with various corporates that allows the NSA to pull data directly from fiber optic cables and monitor communications. Read the full story here.
Korea Telecom to use Blockchain Security Solutions
Korea’s number 1 telecommunications company, Korea Telecom (KT) announced yesterday that it was planning to use a new blockchain based security system in its new telecommunications system.
The project has been codenamed “Future Internet” and will reward people as well as businesses for using the company’s data rather than third party portal operators such as Google.
The target of the company is to rebuild the entire country’s network infra using blockchain technology over the next few years. To read more, click here.
IBM Launches new Blockchain Starter Plan
American tech giant IBM announced in a blog post that it had launched the beta version of a new Blockchain Starter Plan. This plan is to help more businesses use blockchain technology. In fact, this plan is cheaper than the current plan IBM has in place for businesses looking to develop blockchain applications.
The starter plan will be free of cost for the duration of the beta testing period. Once the testing period is over and the plan is fully implemented, users will be given a 30-day free trial.
According to Marie Wieck, IBM Blockchain’s General Manager, this plan is suited for early stage development as well as pilot projects that are looking to build solutions using the IBM blockchain platform, which already has more than 250 active blockchain networks.
To read more, click here.
Total Market Cap: Mar 22
The cryptocurrency market’s trading volume continues to slide this week, with today’s volume being at $15.95 billion. The market’s capitalization in the last one day has also seen a minute slide to $351.16 billion.
Bitcoin Price Analysis: Mar 22
After three days of gains, Bitcoin’s price has slipped ever so slightly today, by 0.4%, to $9063.51. Trading volume slipped down to $5.92 billion. The number one crypto in the world still has a 43.7% dominance in the market with a $153.46 billion market capitalization.
Ethereum Price Analysis: Mar 22
Ethereum’s token price has gone down by 2.01% is trading in the market at $572.72. Trading volume in world’s most valuable altcoin is about $1.70 billion, while its capitalization is now at $56.30 billion.
State of the Top 10 Cryptocurrencies: Mar 22
With the exception of Cardano and EOS all the other cryptocurrencies in the top ten list dropped in value a little in the last one day.
- The market price of Bitcoin is $9063.51, a 0.4% loss. The crypto’s market value is $153.46 billion.
- The market price of Ethereum is $572.72, a 2.01% loss. The crypto’s market value is $57.22 billion.
- The market price of Ripple is $0.69, a 2.81% loss. The crypto’s market value is $27.21 billion.
- The market price of Bitcoin Cash is $1051.96, a 2.23% loss. The crypto’s market value is $17.91 billion.
- The market price of Litecoin is $171.33, a 1.35% loss. The crypto’s market value is $9.54 billion.
- The market price of Cardano is $0.219727, a 1.87% gain. The crypto’s market value is $5.65 billion.
- The market price of EOS, after it jumped to number 7, is $7.20, a 16.50% gain. The crypto’s market value is $5.36 billion.
- The market price of NEO is $74.77, a 2.33% loss. The crypto’s market value is $4.86 billion.
- The market price of Stellar is $0.256449, a 4.40% loss. The crypto’s market value is $4.75 billion.
- The market price of IOTA is $1.39, a 6.71% loss. The crypto’s market value is $3.85 billion.