Crypto firm Hiddup rebrands amid $41M investigation and legal woes
Hiddup continues advertising returns ranging from 6 to 16% per annum through blockchain mining on its website while facing legal action.
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Bitmain’s Market Dominance Challenged by MicroBT
Bitcoin’s mining power worldwide has been affected by manufacturing delays caused by the coronavirus outbreak in China, effectively reducing growth in the cryptocurrency’s computing power. Nevertheless, some Bitcoin miners based in the Asian nation have seen an increase in their market share while others struggle to keep up.Bitmain has held its position as the dominant…

Bondly Finance urges users to stop trading following alleged exploit
The DeFi platform’s native token price dropped more than 60% following a compromise by an unknown party. 283 Total views 2 Total shares Decentralized e-commerce platform Bondly Finance is the latest decentralized finance (DeFi) platform to suffer an alleged exploit. The developer team advised the DeFi community to stop trading Bondly, the platform’s native token,…

Someone ‘shit in the jacuzzi’ — Bitcoiners furious after testnet griefing
That “someone” — Bitcoiner Jameson Lopp — argues he was championing a much-needed fix to one of Bitcoin’s testnets.

Concerns around data privacy are rising, and blockchain is the solution
Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure.As data privacy pressure on Big Tech increases, these companies are starting…

Kraken preparing for $100M funding round ahead of possible IPO: Report
The cryptocurrency exchange said in 2021 — before Coinbase’s IPO — that it planned to pursue a direct listing if it chose to go public.

European Central Bank Exec Calls Bitcoin the ‘Evil Spawn of the Financial Crisis’
Executive Board member of the European Central Bank (ECB) Benoit Coeure considers Bitcoin (BTC) to be the “evil spawn of the [2008] financial crisis,” Bloomberg reports Nov. 15.Coeure reportedly made his acid remarks at the Bank for International Settlements (BIS) in Basel. The BIS’ general manager Augustín Carstens has likewise previously made a spate of…

Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Bitcoin Cash, Bitcoin SV, TRON, Cardano: Price Analysis, Dec. 17
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.In December of last year, market participants were rejoicing as cryptocurrencies…

Bitcoin open interest goes meteoric; traders now warn of a ‘whipsaw’
Bitcoin’s OI jumped $2.02 billion over three days, sparking concerns among traders about a potential “whipsaw” event.