Bitcoin Moving Towards Mid-Term Highs

A report of an important malicious malware attack to mine cryptocurrencies has surfaced. And a South Korean official leading a crackdown on cryptocurrencies has died.

Jenkins Continuous Integration Server Vulnerable According to Check Point

Software security company Check Point has said its researchers believe a gang of cyber malware criminals is now targeting another massive server in order to mine cryptocurrencies illicitly. The Jenkins Continuous Integration server is reported to have had up to 20 percent of its open source automation made vulnerable by a malicious attack from an unknown origin.

Bitcoin Nearly Double February Lows, Speculative Momentum Building Again

Bitcoin has climbed early this week and is entering an intriguing range. Bitcoin is near 11,300.00 U.S Dollars per coin and has kept up a winning pace the past week. Momentum has seen Bitcoin surpass short-term resistance and it is now approaching important mid-term high water marks. The 12,000 juncture has not been approached since late January, and speculators are keenly aware of Bitcoin’s climb since February the 6^th when it was trading below the 6,000.00 U.S Dollar level. Volatility is common in Bitcoin, but if the cryptocurrency does hit 12,000.00 near term it will have more than doubled its price in less than a month.

South Korean Official Leading Cryptocurrency Regulation Effort Dies

Reports are emerging from South Korea this morning that Jung Ki-Joon, who was leading the cryptocurrency regulatory movement for the government, has been found dead from a heart attack. South Korea has been cracking down on anonymous trading, and the past couple of months have seen increased scrutiny and an effort to create more transparency in the nation regarding digital assets.

Future of Finance Summit at the Hurlingham Club in London

A gathering will continue today and tomorrow in London called the Future of Finance. Payment and banking experts will be among the highlighted speakers.

• 20-21st, U.K, Future of Finance Summit

Yaron Mazor is a senior analyst at SuperTraderTV.

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