Bitcoin sudden pump to $81K annihilates $180M shorts in half a day

What is a sniper bot? Sniper bots are automated software programmed for specific actions at predetermined times to find applications in online auctions, sales and crypto trading, ensuring precise market transactions.In the context of online activities, an automated software or script programmed to carry out particular acts at predetermined times is called a sniper bot.

Stablecoin operator Tether has responded to allegations that its funds were used to cover an $850 million loss at the crypto exchange Bitfinex — using a statement on April 26 to claim court filings by the New York Attorney General’s office are “riddled with false assertions.”The state’s top prosecutor, Letitia James, has accused Tether, Bitfinex and associated entities…

The latest in a series of cases concerning copyright and AI looks at the sources Anthropic used to train its Claude large language models.

A Colombian National Police report revealed that the country is the preferred target for ransomware attacks in Latin America. 1527 Total views 43 Total shares A study unveiled on May 28 by the National Police of Colombia shows that ransomware attacks are a rising trend across the country. The report notes that 30% of all…

In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon where new competitors regularly join in on the race. Bitcoin is undoubtedly the market leader when it comes to network security, active users and market capitalization…

New York-based crypto custody startup Casa has released Casa Node 2, a new iteration of the industry’s popular pre-synced Bitcoin (BTC) full node product.Original Casa Node did a great job, the firm saysAccording to an Oct. 8 blog post, Casa Node 2 offers a faster and smoother Bitcoin and Lightning experience by deploying a faster…

The adoption of nonfungible tokens has served as a practical entry point for users joining the crypto economy, driven primarily by their respective fandoms and the benefit-centric nature of the tokens. For instance, if you're a Lebron James superfan, you can understand why “The Block” from the 2016 NBA finals is valuable on NBA Top…

Tether, USD Coin, Binance USD, and DAI are now worth more than $78 billion combined. 4585 Total views 24 Total shares The circulating supply of the four-largest stablecoins has spiked to new all-time highs, suggesting buyers could soon spark another leg up for the Bitcoin and crypto markets.The combined capitalization of Tether (USDT), USD Coin…

Sunday, Dec. 9 — The crypto markets are showing a wave of green, as Bitcoin (BTC) trades closer to $3,700 at the end of the week, as data from Coin360 shows.Market visualization by Coin360After a week of breaking new year-to-date lows, the major cryptocurrency is trading at around $3,650 by press time, up more than…