Ethereum falls to new 42-month low vs. Bitcoin — Bottom or more pain ahead? 

Bitcoin (BTC) price held steady Monday, August 20, posting small gains to circle $6,500 while altcoins drop further. Data from Cointelegraph’s price tracker and Coin360 depict a sixth day of relatively stable activity for Bitcoin, which has remained range bound between $6,250 and $6,600 since August 14. Market visualization from Coin360 Contrasting with volatile conditions…

WazirX hackers were preparing 8 days before the $235M theft The hackers behind the $235 million WazirX crypto exchange breach began preparing onchain at least eight days prior, according to Polygon Labs’s security chief. WazirX, one of India’s largest cryptocurrency exchanges, lost hundreds of millions to a multisig wallet hack on Thursday, July 18, which

Buterin responded to criticism by claiming PoW-based mining rewards are not much different from the PoS system, however, Wertheimer was quick to point out the differences. 146 Total views 12 Total shares Independent developer and Bitcoin proponent Udi Wertheimer created quite a buzz on crypto Twitter earlier on Sept. 12, after he claimed that a…

The policy clarification stated that participants cannot make threats, use extortion, or access customer data beyond what is accidental or occurs in good faith. 186 Total views 3 Total shares In a blog post on November 30, Coinbase sought to clarify its bug bounty program policies in response to the recent Uber data breach verdict.The…

South Africa’s top banker has said that cryptocurrencies are more akin to assets than actual currencies. 408 Total views 4 Total shares Lesetja Kganyago, governor of the South African Reserve Bank (SARB), has argued against classifying crypto as currencies.According to a report by MoneyWeb, the central bank chief likened crypto to assets rather than currency…

Shiba Inu (SHIB), a Dogecoin-inspired meme cryptocurrency, has emerged as one of the best performers across traditional and crypto markets entering the new weekly session as its price climbed by over 30% week-to-date.SHIB’s price reached $0.00005155 Tuesday after bouncing from its technical support near $0.00003560 at the beginning of this week. Its rebound signaled a…

“Establishing clear regulatory expectations will be paramount to give this market an opportunity to grow and mature in a responsible manner,” said Jelena McWilliams. 339 Total views 9 Total shares Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation, or FDIC, has said the agency is working with other regulators in the United States…

With less than three days left until the halving, Bitcoin is currently outperforming every mainstream asset class for 2020 so far. Data published by market research firm Fundstrat shows that Bitcoin (BTC) is the top-performing asset class of 2020 so far.The data, posted to Twitter by Fundstrat’s Thomas Lee, shows Bitcoin to have outperformed every…

Riot’s $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests.