In a Sunday post on GitHub, the individual described the loss of more than 1,400 bitcoin (worth around $16.2 million at press time) as a result of “foolishly” installing an old version of the lightweight wallet. Going by the username “1400BitcoinStolen,” they described how a pop-up message asked to update their security prior Read more…
As we come to the end of the month, Bitcoin is trading above $11,500, capping at +2% returns, and +27% in Q3. It has been after a week that the digital asset went above $11,700 today, but ‘real’ spot volume is still low at just $1 billion. “High time frames Read more…
Huobi Futures, the crypto derivatives market of Huobi Group, today announced the upcoming launch of Bitcoin (BTC) options for trading on September 1st at 10:00 UTC. The new options product follows the successful roll-out of Huobi Futures’ Perpetual Swaps earlier this year and aims to give traders more ways to create arbitrage and Read more…
Ethereum’s growth in the year 2020 has been quite astounding. Not only has the decentralized finance platform built on top of it prospered, but the integration of prominent stablecoins like Tether [USDT] has contributed to the same too. While the onboarding of projects did attract a lot of interest from crypto-users, Read more…
Ever since its launch, Bitcoin has been the most expensive, and largest cryptocurrency. However, while it is still most certainly the largest, the coin is no longer the most valuable digital currency in the industry. Instead, Bitcoin’s price was exceeded by a DeFi token yearn.finance (YFI), which is now closing in on Read more…
A recent report released by Chainalysis revealed how U.S officials including the FBI, among other agencies, investigated the recent case of cryptocurrencies stolen by the Lazarus Group, a North Korea-affiliated hacker group. It was published soon after the U.S. Department of Justice forfeited 280 crypto-accounts involved in the laundering of approximately $28.7 million worth Read more…
Miners on the Bitcoin network have increasingly become bullish about the top cryptocurrency’s potential long term gains, per data collated from wallet addresses. This is despite the price of Bitcoin r struggling to stay above $11,500 and finding the hurdle above $12K too high for the time being. According to data from Read more…
Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at. Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins Read more…
Bitcoin has slipped over the past 72 hours. After peaking at $12,500 on Monday, the asset has slipped lower and lower, now trading for $11,450. This isn’t much than it was just a week ago, but analysts have begun to mark out important levels as the downtrend may persist. One cryptocurrency trader Read more…
