$20M exploit cripples Sonne Finance, hacker in no mood for negotiation

Bitcoin (BTC) fell below $9,000 for the first time in almost a week on Oct. 31 as rumors of a correction intensified among analysts.Cryptocurrency market daily overview. Source: Coin360BTC short-term outlook could call for $8.2KData from Coin360 showed BTC/USD dipping below the $9,000 mark in Thursday trading — a level that has acted as support…

The United States looks to avoid a catastrophic debt default after the White House and the House Republicans agreed upon a tentative deal on May 27. The U.S. equities markets rallied in anticipation of the deal on May 26 and the positive sentiment has rubbed off onto the cryptocurrency sector, which is attempting a recovery.Buying…

FTX’s so-called “Backstop Fund” figure was a big lie, according to the former chief technology officer of the crypto exchange 610 Total views 7 Total shares Crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund — a pool of funds meant to prevent user losses during huge liquidation events

Russia’s massive build-up of soldiers, warplanes, equipment and extended military drills near Ukraine’s borders increased fears of a possible invasion within the next few days. That could have renewed selling in Bitcoin (BTC), which plummeted below the strong support at $39,600.Among the gloom and doom, there is a ray of hope for crypto investors because…

Vinny Lingham, CEO of blockchain identity platform Civic, has revised down his short-term Bitcoin (BTC) price prediction on Jan. 11, telling financial news network Cheddar that the cryptocurrency could fall below $3,000.In an interview, Lingham, who had previously forecast BTC/USD to trade between $3,000 and $6,000 in the coming months, said the market would either…

Global investment bank Nomura, hardware wallet manufacturer Ledger, and digital asset manager CoinShares, have released an institutional-grade custody platform to the wider market. 165 Total views 9 Total shares Global investment bank Nomura, digital asset manager CoinShares, and hardware wallet manufacturer Ledger, have finally launched their institutional-grade custody platform Komainu to the wider market.They’re billing…

The notice came more than a month after more than a thousand users reported losses from the JPEX crypto exchange. 147 Total views 1 Total shares The Securities and Futures Commission (SFC) of Hong Kong announced it will update its policies on virtual currency sales and requirements “in light of the latest market developments and

Alternative cryptocurrencies, or altcoins, have started to record large gains across the board. Some small-cap coins have seen triple-digit percentage gains in recent weeks. But several larger-cap cryptocurrencies have also been posting serious gains such as VeChain (VET), Stellar (XLM), Cardano (ADA) and Chainlink (LINK).Cryptocurrency market performance in the past 7 days. Source: Coin360Top ten…

An influx of new users to the trading app and high demand for crypto products had previously resulted in longer customer service wait times. 555 Total views 36 Total shares Popular trading app Robinhood announced Tuesday that it has launched round-the-clock phone support to better serve its ever-growing userbase, including the millions of users who’ve…