Analysts at the British bank Barclays compare the rise in the price of bitcoin with the spread of infectious diseases. They believe that in December, when the price rose by more than 900%, buyers were “infected” by Bitcoin euphoria. Since then, the price has dropped from $20,000 to $7,000 as buyers have become immune.
The reputation of the Indian police has long been tarnished by extortion and bribery, but for the first time the police set their sights on bitcoin. Eight police officers were wanted by the Criminal Investigation Department in the Indian state of Gujarat for extorting 200 BTC from a businessman, Indian national daily Hindustan Times reported.
Thanks to its innovative technologies, SenseTime maintains its leadership position in areas such as facial and image recognition, autonomous driving, and medical imaging. Next up is the launch of a new project, Viper, a platform for monitoring the flow of people, which can analyze data from thousands of cameras in real time.
Moderators of the social network Facebook scan personal messages of users in the Messenger application, Bloomberg reports.
The BCH/USD pair makes a U-reversal. The price continued to recover above the $675 level, then broke through the $680 resistance level
The American company Aliant Payment Systems, a leader in providing users with payment instruments, announced an official collaboration with the Litecoin Foundation. News has emerged that Aliant will offer customers the ability to make payments in LTC, giving them greater access to cryptocurrency.
A subsidiary of Overstock, a major online trading company, has unveiled a prototype trading platform for tokens.
Polish authorities have seized 1.27 billion Polish zlotys (about $371 million) from the bank accounts of two companies suspected of laundering money for a drug cartel in Colombia. Some local publications link these companies to the Bitfinex cryptocurrency exchange.
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