A hacker was supposed to buy enough hashing power for just $10 to take over the network of Einsteinium (EMC2) in a 51% attack. An advance announcement gave the date of the event as October 13. The community bought all spare capacity, making a mockery of the hacking attempt.
PARIS (Reuters) - The United States is still aiming to cut Iran's oil sales to zero and does not foresee the re-imposition of oil sanctions against Tehran on Nov. 4 as having a negative impact on the market as it is well-supplied and balanced, Washington's special envoy for Iran said on Monday.
Gold prices surged around 1% on Monday, to reach the highest level in three months as a combination of concerns over rising U.S. yields and the impact of trade conflict, along with geopolitical risks and a weaker dollar underpinned demand for the precious metal.
WASHINGTON, Oct 15 (Reuters) - U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest drop in spending at restaurants and bars in nearly two years.
Retail sales in the U.S. rose much less than expected in September, dashing optimism over the health of the economy.
Stocks in focus in pre-market trade Monday:
Monday, Oct. 15: Crypto markets are seeing solid growth, with virtually all of the major cryptocurrencies seeing green as of press time. An outlier in the space is “stablecoin” Tether (USDT), which has today lost its U.S. dollar peg and is trading well below its historical trading range as of press time.
Cardano (ADA), the ninth largest cryptocurrency ecosystem by market capitalization, has experienced a major leadership shakeup, with the chairs of IOHK and Emurgo taking their leave. Along with the Cardano Foundation, IOHK and Emurgo are the governing bodies of the project. Their respective leaders, Charles Hoskinson and Ken Kodama, published an open letter on Friday, informing the community they were parting ways with the Cardano Foundation due to its “lack of performance.”
Japanese conglomerate Sony has developed blockchain-based software for controlling and dealing with intellectual property rights in a bid to resolve authentication problems in this field. The new system currently focuses on written works, but its broader applications target all related sectors, including films, music, and e-books, the company said on Monday.
(Bloomberg) -- Bank of America Corp (NYSE:BAC). got another boost from rising interest rates in the third quarter.
(Bloomberg) -- For 45 years, it’s been considered out of bounds for Saudi Arabia. But all of a sudden, Riyadh made what many read as a veiled threat to use the kingdom’s oil wealth as a political weapon -- something unheard of since the 1973 Arab embargo that triggered the first oil crisis.
By Kate Duguid