Bitcoin chart signals possible ‘extremely’ quick move to $68K — Traders

The Ethereum community has been hard at work over the past few years, laying the foundation for its shift away from its current proof-of-work (PoW) algorithm which has formed the backbone of the blockchain’s operation up until today.Ethereum’s switch to its proof-of-stake- (PoS-) powered Ethereum 2.0 chain is edging closer to reality, with recent updates…

While the current climate seems uneasy for all cryptocurrency businesses, some of them have to deal with extra difficulties.Earlier this month, investors filed a class-action lawsuit against Canaan, a Nasdaq-listed cryptocurrency mining hardware producer. The case is largely based on a February report submitted by an analysis organization called Marcus Aurelius Value, which argued that…

Japanese messaging giant Line launched its new crypto trading platform Bitmax on Sept. 17, Cointelegraph Japan reports.FSA approval receivedFollowing regulatory approval to operate a crypto exchange in early September, Line’s blockchain arm LVC Corporation officially introduced its newly launched crypto platform today.In accordance with previous announcement, Bitmax will initially allow users to trade five major…

Polychain Capital CEO Olaf Carlson-Wee thinks Facebook would be smart to build its stablecoin on a public, open blockchain infrastructure. Carlson-Wee delivered his remarks at the Consensus 2019 panel “To the Moon and Back” on May 15.Carlson-Wee explained that the blockchain platform he is referring to is one like bitcoin’s, in which the creator relinquishes control…

The security team at cryptocurrency exchange Coinbase has revealed how it countered a sophisticated phishing attack aiming to exfiltrate private keys and passwords. In a blog post published on Aug. 8, the exchange outlined its discovery and reporting of the incident, which involved the exploitation of two 0-day vulnerabilities on Mozilla’s web browser Firefox.A “highly-targeted and…

Crypto exchange giant Coinbase has cited a "fast and furious" downturn of the crypto markets as the reasons behind a staggering $1.1 billion net loss in the second quarter of 2022, which also saw trading volume and transaction revenue tumbling. It's the second consecutive quarter of loss for the crypto company and the largest loss since…

The release notes of the beta version of major web browser Firefox released by open source development company Mozilla reveal that it now blocks web-based cryptojacking attempts on March 18.The aforementioned release notes inform that “users can block known cryptominers [cryptojacking scripts] and fingerprinters in the Custom settings or their Content Blocking preferences.” Cryptojacking is…