Memecoin trader loses over $1M following Normie exploit

The cryptocurrency mining industry continues to grow daily, supported by a continuous stream of new and more efficient hardware. China is at the forefront of the industry, but as environmental concerns loom, the sustainability of their success is coming into question.Mining chip manufacturers, the most prolific of which are based in China, work tirelessly to…

Bitcoin is on course for 12% losses in April, and with the monthly close just days away, it could end up sparking the weakest BTC price action in more than a year.

“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram. 960 Total views 25 Total shares The Australian Securities and Investments Commission (ASIC) is going after pump and dump groups on Telegram.On Monday…

Bitcoin (BTC) bulls should brace for a potential onslaught from bears as the number of margined short positions on Bitfinex jumps by a little over 378%.Known to most by the ticker BTCUSD Shorts, the dataset records the number of bearish positions in the Bitcoin market. In simple terms, traders borrow funds from Bitfinex — their…

Bitcoin has finally woken from its two-month slumber, as well as interest in the number-one cryptocurrency along with it. Bitcoin futures trading is bustling again, with both volume and aggregated interest at their highest since the March market crash. So, with all the action going on in Bitcoin (BTC), does this mean that the altcoin…

The nascent real estate security token, or REST, sector experienced consistent growth in Q1 2020.Three new properties were also listed on RealT during March — doubling monthly real estate token trade.RESTs now represent nearly half of active security token markets, and 15% of total volume. Tokenized real estate quietly garners liquidityDuring January, tokens representing fractionalized ownership…

The queue of crypto exchanges for operational licenses in Hong Kong is shrinking as seven exchanges, including IBTCEX and Huobi HK, withdraw applications ahead of the May 31 deadline.

The United Arab Emirates’ Ministry of Community Development (MOCD) will host a competition for developing blockchain software in the social sector.Driving blockchain for awareness and social careThe MOCD announced its “Social Blockathon” competition with a total prize fund of $16,300 to encourage the development of blockchain-based applications for educational, social and recreational purposes, the country’s…