Binance co-founder denies responsibility for $1M trading loss in hacked account
The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information.
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Bitcoin Price Blasts Through Key $7.4K Resistance – Next Target $8.1K
Since dropping below the descending channel on Nov. 25, Bitcoin (BTC) has reclaimed $7,000, cleared some hefty resistance at $7,400 and now made its way up to above $7,500 by press time.Crypto market daily performance. Source: Coin360The 111-day moving average (DMA) and the 128-DMA are currently in the process of converging to form a bear…
No concerns over Bitcoin halving supply shock, says Bitvavo CEO
The CEO of Dutch cryptocurrency exchange Bitvavo believes market dynamics will cater to the potential skyrocketing demand for Bitcoin in 2024. 729 Total views 4 Total shares Supply and demand dynamics could mitigate concerns of a potential Bitcoin (BTC) market supply shock during the upcoming mining reward halving in 2024, according to Bitvavo CEO Mark
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Virginia Bitcoin Mining Operation Ordered to Liquidate Assets
BCause Mining, a Bitcoin (BTC) mining operation in the city of Virginia Beach in the United States, was ordered to liquidate its assets. In an Oct. 9 article, local news outlet the Virginian-Pilot reported that the Bitcoin mining company filed for bankruptcy earlier this year. This week, a federal judge approved the motion to convert the…
Who Scales It Best? Inside Blockchains’ Ongoing Transactions-Per-Second Race
Open-source project Qtum representatives claim that their enterprise blockchain dubbed ‘QtumX’ can accommodate “more than 10,000” transactions per second (TPS), according to a press release recently shared with Cointelegraph.With yet another player being added to the scalability race, it makes sense to look back and see how the main blockchains and cryptocurrencies stand in regard…
Hut 8 CEO weighs in on the bull and bear markets from a mining perspective
In January 2023, during the World Economic Forum’s (WEF) annual conference in Davos, Switzerland, Jaime Leverton, CEO of Hut 8, a crypto mining entity that trades as a public company, sat down with me for a fireside chat at the Crypto Summit on the Promenade. Leverton outlined some of her views on the recent shakeout…
Multichain DApp protocol Astar raises $22M in latest round led by Polychain
Funds will be used for hiring industry-leading engineers to implement both EVM and WASM and to invest and nurture Astar native ecosystem projects. 248 Total views 41 Total shares Astar, a multichain DApp protocol formerly known as Plasm, has raised $22 million in its latest strategic fundraise.The funding round was led by Polychain and saw…
How Bitcoin ATMs in Greece fare during a record-breaking tourist season
Greece is globally recognized for its touristic lures of idyllic beaches and a laid-back lifestyle. Prior to the outbreak of the global pandemic, the World Travel and Tourism Council said that tourism generated over one-fifth of Greece’s total GDP.This year, the country faced a record number of travelers during its summer tourism season. In the…