Bitcoin price crumbles to $62K support, but derivatives metrics show bullish signs

The crypto lending provider BlockFi reported on May 19 to have suffered a data breach that may put some of its clients in physical danger.According to its incident report, some of the company’s client data was breached through a SIM swap attack performed on one of its employees.The attackers successfully stole the email account and…

“If crypto technologies are going to be a big part of the future, then we, the U.K., want to be in — and in on the ground floor,” said Economic Secretary of the Treasury John Glen. 888 Total views 19 Total shares The United Kingdom's Economic and Finance Ministry has said it intends to amend…

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekThree reasons for the Bitcoin “halving dump” from $10,000 to $8,100We’re less…

Zhao Dong was taken in custody by the police with no official statement as to his detention. 1507 Total views 19 Total shares Reports circulating in Chinese media allege that Zhao Dong, head of the over-the-counter (OTC) crypto lending platform RenrenBit, has been detained by local police.The validity of these reports is not known at…

A Binance futures entity has been accumulating for days, and the result could be quite the squeeze, analysts believe. 576 Total views 4 Total shares Bitcoin (BTC) traded in an increasingly narrow range on Sept. 6 as bets piled in over an imminent breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance futures giant sucks in spent…

Collectors will now have to seek out Damien Hirst’s NFTs on secondary markets after the drop was oversubscribed by more than six times. Leading contemporary artist Damien Hirst’s NFT drop dubbed “The Currency” has been oversubscribed by more than six times. The Currency drop consists of 10,000 unique colorful dot pattern artworks with a corresponding…

KuCoin has launched credit card support for 17 new fiat currencies, with the exchange expanding its services to Latin American and Eastern European customers. 434 Total views 18 Total shares Seychelles-based crypto asset exchange KuCoin has significantly expanded its fiat on-ramps, introducing support for 17 national currencies on June 12.KuCoin now supports credit card purchases…

Crypto.com has secured a $100 million direct insurance policy provided by Arch Underwriting at Lloyd’s Syndicate 2012.Per a May 11 announcement, the new policy brings Crypto.com’s total coverage to $360 million — with the firm claiming to now have the largest insurance coverage within the entire cryptocurrency sector.With Crypto.com also reporting that its userbase has…

Starting from January 2023, only licensed cryptocurrency firms will be allowed to provide cryptocurrency trading services to Uzbek citizens. 831 Total views 6 Total shares As Uzbekistan prepares to adopt a new cryptocurrency framework in 2023, the Uzbek regulators have started issuing regulatory approvals to local crypto service providers.The National Agency for Perspective Projects (NAPP),…