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Cryptocurrency exchange Cashaa says it has lost 336 bitcoin (worth around $3.1 million) to hackers. The London-based platform has now ceased all crypto-related transactions, including withdrawals and deposits, as investigations into the breach get underway. In a tweet on July 11, Cashaa claimed that the hacker attacked one of its Blockchain.com wallets, which is used … Read more
A researcher suggested that exchanges could “rollback” hacks by renting mining power from online marketplaces. Go to Source Powered by WPeMatico
OKEx also had twice as many “whale” buy orders as sell orders. Go to Source Powered by WPeMatico
Crypto market skeptics and speculators are concerned about 789,000 ETH that started moving four days ago last Wednesday. The transaction was recorded by Whale Alert, and the $187 million worth of ether stems from the Plustoken scammers. On Wednesday, June 24, 2020, at approximately 9:46 a.m. (ET) the Plustoken scammers who have yet to be … Read more
11.4 million Bitcoin is held by long term investors, diminishing the tradeable supply to only 20% of the total Bitcoin supply. Go to Source Powered by WPeMatico
Cyber-thieves from the Bitfinex hack of four years ago continue to cash out, this time transferring the equivalent of $4.1 million in bitcoin to an unknown wallet address. Crypto tracking tool Whale Alert reports that hackers moved 416 bitcoin (BTC) on June 11. The funds, valued at $4.1 million at the time of the transaction, … Read more
Seychelles-based exchanges moved $36 billion worth of Bitcoin across international borders in 2019. Go to Source Powered by WPeMatico
A UK-based financial services company will list a centrally cleared bitcoin exchange-traded product (ETP) on Deutsche Börse’s Xetra electronic trading market later this month. In a statement released on June 9, Etc Group said the contract, known as Bitcoin Exchange Traded Crypto (BTCE), tracks the price of BTC and is 100% physically backed by the … Read more
The last time this much Bitcoin was withdrawn from exchanges, the price rose 88%. If this pattern repeats, we would see Bitcoin go to $18,000 by the end of August. Go to Source Powered by WPeMatico
Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would you actually delete or stop using your Coinbase account?” … Read more