A mystery hacker allegedly stole $25m (£20m) in crypto-currencies – and then returned the funds two days later. Records show that funds in a variety of crypto-currencies were withdrawn from the DForce platform based in China. A sum of $10m was taken in Ethereum, for example, while a further $10m was taken in digital coins…
The technical structures of the charts governing the market indicate that the upward momentum is still intact. The BTC/USD pair moves on unstable ground and is prone to bursts of volatility. XRP/USD remains at risk, unprotected by the threat of returning to the $0.15 support level. Selling appeared late yesterday on the crypto board, and…
It’s been a crazy past 24 hours for users of decentralized finance, also known as “DeFi.” Over this time, devious Ethereum users managed to steal over $25 million worth of cryptocurrency from two separate protocols. The second hack, which accounts for the $25 million, is what this article will be focusing on. As it stands,…
With Bitcoin’s (BTC) halving less than 23 days away, traders would like to go into the event with strong bullish sentiment but this is yet to be determined. If Bitcoin is able to breakout and sustain above its overhead resistance, it is likely to pull the crypto markets higher. The first sign of strength would…
The CEO of blockchain database startup Messari says there’s a huge amount of crypto capital sitting on the sidelines, ready to move into Bitcoin, Ethereum, XRP and the greater altcoin markets. Ryan Selkis cites new data that shows cryptocurrency exchanges are now holding over $3 billion in stablecoins on behalf of their customers. He says these…
Geoffrey Schwartz Bitcoin (BTC) price prediction, Binance (BNB) smart chain white paper released, and Nassim Taleb recommends cryptocurrencies. The last day of the workweek ended in the green for the three major indexes. The Dow Jones Industrial Average (DJIA) rocketed up 704.81 points (about 3%) to close at 24,242.49. The S&P 500 went up 75.01…
World’s leading crypto exchange, Binance, recorded the highest quarterly volume evident by the amount of coin burn for Q1 2020. According to the original Whitepaper, every quarter, it burns 20% of its profits. The estimates suggest a profit higher than $262.33 million in the Q1 of 2020. Update: According to sources, Binance has changed the…
Binance announced the introduction of a new blockchain, Binance Smart Chain. Binance Coin will serve as the native cryptocurrency of the new Ethereum-like protocol. The move would likely increase the number of BNB holders, which could have serious implications on the token’s price. The crypto exchange Binance is preparing to enter the smart contracts market…
Tyler Winklevoss, co-founder of New York-based crypto exchange Gemini, is calling out Chainlink (LINK) and its potential to break out as one of the next big altcoins. The billionaire crypto entrepreneur and early Bitcoin investor says the smart contract project is built with quality technology and supported by a following that’s reminiscent of the early…
BTC/USD is currently trading at $6800 (-1.15%), bearish momentum comes back into play following a critical $7000 breach. ETH/USD is currently trading at $158 (-0.95%), market bears are testing important daily support at $150. XRP/USD is currently trading at $0.18 (-0.50%), the sellers were able to regain control following the failure to conquer $0.2000. Among…