Coinbase, Hut 8 and Other Crypto Stocks Rise as Bitcoin Surpasses $27.6K
Coinbase shares were up close to 7%, while those of MicroStrategy (MSTR), which holds billions of dollars of bitcoin on its balance sheet, were up 7.7%. Crypto mining stocks were up significantly, as well, led by Riot Platforms (RIOT), up 12%. Shares of Hut 8 (HUT) and Hive Blockchain Technologies (HIVE) were both up 7%.
Related Posts
Stellar to Give Away 2 Billion XLM Valued at $120 Million Today
news Chat with your friends – and get paid to do it. The Stellar Development Foundation and messaging service Keybase announced Monday a 2 billion XLM airdrop, the largest in Stellar’s five-year history, worth roughly $120 million. Over the next 20 months, Keybase users can expect monthly airdrops of 100 million XLM. Keybase currently has…
Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil
Stocks dropped but bitcoin (BTC) continued its stodgy ways in Tuesday trading.The largest cryptocurrency by market capitalization was recently trading near $27,200, up 1.1% over the past 24 hours. Bitcoin topped $27,400 shortly before European equity markets opened. For nearly two weeks, BTC has stood range-bound between $26,500 and $27,500 as investors fret over ongoing…
Electronics Retailer MediaMarkt Hit by Ransomware Demand for $50M Bitcoin Payment: Report
MediaMarkt, Europe’s largest electronics retailer, has reportedly been hit by a Hive ransomware attack with demands to pay $50 million in bitcoin.Following the attack on Sunday, the attackers were initially demanding a ransom payment of $240 million, Bleeping Computer reported Monday.The attack by the Hive ransomware group encrypted MediaMarkt’s servers, causing the retailer to shut…
Mauritius Central Banker Confirms Island’s Digital Currency Plans
May 12, 2020 at 15:59 UTCUpdated May 12, 2020 at 16:10 UTCMauritius is located in the Indian Ocean and has a population of 1.2 million. (Credit: Shutterstock)Mauritius Central Banker Confirms Island’s Digital Currency PlansThe Bank of Mauritius is inching closer to issuing a retail-focused central bank digital currency (CBDC), its governor confirmed Tuesday.Speaking at CoinDesk's…
Jailed Binance Exec’s Nigeria Case to Be Heard a Month Early
Nigeria's money laundering case against Binance and its executives is set to resume on Sept. 2. Detained Binance executive Tigran Gambaryan has been stuck in Kuje prison for five months while his health has deteriorated. Nigeria's money laundering case against crypto exchange Binance, detained executive Tigran Gambaryan and fugitive Nadeem Anjarwalla will resume on Sept.
Decentralized Exchange Sushi Expands to Aptos Blockchain
Sushi, one of the longest-running decentralized exchanges (DEX), has expanded its services to layer-1 blockchain Aptos.The move to Aptos is the first time Sushi has been accessible on a blockchain that is not compatible with the Ethereum Virtual Machine (EVM). It had previously been accessible on Ethereum, Arbitrum, Base, Polygon, Fantom, BNB Chain and others
Twitter Hack Used Bitcoin to Cash In: Here’s Why
Jul 16, 2020 at 04:11 UTC(Michael Dziedzic/ Unsplash, modified by CoinDesk)Twitter Hack Used Bitcoin to Cash In: Here’s WhySomeone hacked Twitter Wednesday – and they used bitcoin to capitalize on it. But, why? Bitcoin is an alternative money system based on the value of censorship resistance. In other words, Bitcoin was built from the ground…
From Coin-Operated Machines to Token-Operated Gaming
In 2021, streaming giant Twitch suffered a massive data leak when an anonymous hacker got access to the company’s server and private data, including the platform's source code and payout reports for thousands of streamers. This incident highlights how even big, well-established platforms struggle to protect sensitive data. It's a stark reminder of the ongoing