Institutional OG: The Fact That You Can Go 100x Leverage on Bitcoin Is Pretty Wild
High usage of leverage in Bitcoin futures is the symptom of a gambling mentality in crypto, argues CMS Holdings’ Dan Matuszewski. Go to Source Powered by WPeMatico
DIGIT
A Banking Trojan That Steals Crypto Is Targeting Latin American Users
The “Mekotio” trojan went from conventional banking malware one fine-tuned to steal crypto. Go to Source Powered by WPeMatico
US Law Enforcement Is Watching for Bitcoin Drug Purchases on Darknet
The NCIS has seen an uptick in darknet purchases using Bitcoin. Blockchain analytic firms discuss procedures to combat crypto-related crimes, along with emerging challenges. Go to Source Powered by WPeMatico
Report Shows Bitcoin’s Covid-19 Recovery Stronger Than Other Markets With Zero Intervention
The response to the Covid-19 pandemic has been ruthless on the global economy and during the last six months, traditional stocks and commodities have felt extreme market volatility. Coinshares published a comprehensive report this week in regard to how bitcoin performed during the coronavirus outbreak. The seven-page study highlights how bitcoin’s rebound to pre-Covid price … Read more
It’s Not Too Late For Some Victims of the Twitter Scam To Get Their Money Back
The countdown clock has expired for many, but not all. Go to Source Powered by WPeMatico
38,000 People Are Watching a Fraudulent VeChain YouTube Scam Right Now
38,000 viewers are reportedly tuning in to a YouTube live-stream promoting the classic “double your money” scam targeted at users of VeChain VET tokens. Go to Source Powered by WPeMatico
Transparency of Russia’s Blockchain Voting Setup Put Under a Microscope
Russia’s blockchain vote was the largest DLT-powered experiment in the country, but whether it went well or not is another matter. Go to Source Powered by WPeMatico
India’s Former Finance Secretary Spars With Industry Experts on Crypto Ban
For the first time, the former Finance Secretary of India who proposed a blanket ban on cryptocurrencies discussed digital assets with industry leaders. Go to Source Powered by WPeMatico
Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low
Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low. Roughly four weeks ago on June 19, the total amount of BTC transferred out … Read more
Report: Investors Are Dumping Compound Token as Soon as It Gets Listed
A report from Flipside Crypto contends that investors are dumping Compound tokens as soon as it gets listed on exchanges with the majority of the supply held by speculators. Go to Source Powered by WPeMatico
