BTC price chart shows Bitcoin can match $49.5K lows within days
BTC price action has a habit of “filling” downside wicks within days or weeks, the Bitcoin daily chart shows.
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DeFi adoption on the Binance Smart Chain reaches new highs
Decentralized finance (DeFi) has taken a well-deserved break from the spotlight over the past couple of months after being one of the hottest sectors at the start of 2021, but recent growth on several top platforms may hint at another DeFi run in the near future. While projects that operate on the Ethereum (ETH) network continue…
Staples Center in Los Angeles will be renamed Crypto.com Arena
After a deal with its owner, AEG, the Staples Center will be known as Crypto.com Arena from December. 641 Total views 33 Total shares Staples Center will now be known as Crypto.com Arena after an agreement with its owner, AEG.Staples Center is a multi-purpose arena that has been home to numerous public events including boxing…
Binance Hits Back at ‘Embezzlement’ Claim
Binance has fired back at claims that it ‘embezzled’ hundreds of thousands of dollars in funds that were frozen from a user’s account in November 2018.In a lengthy statement the exchange said the funds were frozen at the request of South Korean law enforcement agencies because the account holder had allegedly received 3,995 Ethereum (ETH)…
‘Big Short’ author Michael Lewis almost ready to publish book on SBF
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BitMEX Explains Why Bitcoin Nearly Hit $0 Last Week, Pays Out $200K
The meltdown at derivatives giant BitMEX, during which Bitcoin (BTC) fell to $3,600, has seen the company payout compensation worth a modest $200,000.In a blog post about the event, which occurred on March 13, BitMEX blamed “two DDoS attacks” for crashing its platform.Ethereum traders see 40 BTC refundedComing at a time of intense volatility across…
Law enforcement recovers $30 million from Ronin Bridge hack with the help of Chainalysis
Chainalysis Crypto Incident Response team helped law enforcement trace stolen funds to cash out points and for their subsequent freeze. 310 Total views 22 Total shares On Thursday, blockchain forensics firm Chainalysis said that law enforcement had recovered $30 million in crypto stolen from the $625 million Ronin Bridge hack in March. According to Chainalysis,…
Bitcoin transactions fees in US dollars near all-time high levels
The latest spike in BTC transaction fees comes amid a major decline in the Bitcoin network hash rate. 627 Total views 9 Total shares Bitcoin (BTC) transaction fees measured in United States dollars are near 2017 levels amid a massive hash rate drop on the Bitcoin network.According to data from several Bitcoin monitoring resources, the…
Hong Kong takes the lead in blockchain logistics after Maersk TradeLens demise
After Danish logistics firm Maersk terminated its blockchain-based supply chain platform last year, industry builders have not given up on blockchain applications in global trade.Hong Kong-based Global Shipping Business Network (GSBN), a non-profit consortium focused on blockchain trade applications, is bullish on blockchain as a crucial logistics tool in the long term.According to a report…