$8M theft forces Bittensor network shutdown
All user funds are safe following the network halt, according to the Bittensor team.
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BitMEX Analysts: Both Camps in BCH ‘Hash War’ Are Mining at Major Loss
In the aftermath from yesterday's Bitcoin Cash (BCH) hard fork, both opposing camps in the so-called "hash war" are mining at a hefty loss, according to a tweet from the research arm of Hong Kong-based crypto derivatives platform BitMEX today, Nov. 16.On Nov. 5, BitMEX Research announced it would be launching a network monitoring tool…

Experts reveal what Tesla’s $936M sell-off means for Bitcoin
Crypto industry experts are largely unfazed by Tesla’s decision to sell 75% of its Bitcoin (BTC) holdings, saying it’s a fairly typical strategy for companies to improve cash flow during economic slowdowns. On Wednesday, the electric vehicle manufacturer revealed that it had sold 75% of its Bitcoin holdings in Q2, adding $936 million in fiat to…

Peter Schiff Bungled Wallet Password, Solving ‘Bitcoin Mystery’
Famous crypto skeptic and gold bug Peter Schiff said that his “Bitcoin mystery” is solved after realizing that he mistook the pin of his Bitcoin (BTC) wallet for the password.In a tweet on Jan. 22, Schiff explained that he knows the pin of his wallet, but after the app was updated, he was logged out…

Market Mostly Trades Sideways as Bitcoin Price Hovers Around $8,800
Tuesday Nov. 12 — Cryptocurrency markets are largely trading sideways with many changes among the top-20 coins not exceeding 1% on the day.Cryptocurrency market daily overview. Source: Coin360Bitcoin (BTC) has been trading sideways for the better part of the day and continues to circle the $8,800 price mark. The world’s largest cryptocurrency bounced off a…

Fintech Investor Ribbit Capital Sets $420 Million Goal for Its Latest Fund
U.S.-based venture capital firm Ribbit Capital, the portfolio of which includes notable cryptocurrency and blockchain projects, is aiming to raise $420 million for its latest fund, according to an SEC filing dated September 12.The fund will reportedly be the fifth venture of Ribbit with limited partners, while the $420 million figure is a “nominal increase”…

ConsenSys and AMD to Jointly Develop Blockchain-Based Cloud Computing Infrastructure
Blockchain software company ConsenSys, semiconductor producer AMD, and Abu-Dhabi-based investment management firm Halo Holdings are jointly working on a blockchain-based cloud computing infrastructure. ConsenSys announced the collaboration in a press release published on Jan. 4.Per the release, the companies have partnered to create the so called W3BCLOUD aimed at the development of AMD hardware-based datacenter…

Bitcoin bulls face $21K sellers as BTC price wipes out Fed FOMC losses
$21,000 is looking tricky as sell orders mount, while buy walls dry up, taking potential support with them. 356 Total views 21 Total shares Bitcoin (BTC) headed toward $21,000 on Nov. 4 as bulls attempted to reclaim lost ground.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it…

Record $2.9B Bitcoin options open interest follows BTC rally to $14,259
Open interest in Bitcoin options reached a new record at $2.9 billion, signaling that pro traders remain bullish on BTC price. 1000 Total views 14 Total shares The open interest on Bitcoin (BTC) options contracts has reached a new all-time high at $2.9 billion. Interestingly, this feat happened only five days after the October expiry,…