Telegram bot Banana Gun to absorb $3M loss from hack

Bitcoin (BTC) is approaching its second attack on pivotal resistance this week as bulls remain firmly in the driver’s seat.After a mixed weekend that saw both a run on $48,000 and a major rejection at that level, Bitcoin is already back, having made up all of its losses.With conditions broadly favorable for continued strength, it…

Bitcoin penetration in the hospitality industry is set for another expansion as a U.S. luxury hotel chain adopts cryptocurrency as a payment option. 1077 Total views 2 Total shares The Kessler Collection, an American luxury hotel brand, has begun accepting Bitcoin (BTC) and cryptocurrencies as a payment option.According to a press release issued on Tuesday,…

On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees. 2843 Total views 19 Total shares Bitcoin (BTC) and Ether (ETH) appear to be experiencing something of a slowdown, as on-chain data shows a dramatic decrease in the U.S dollar value of coins being sent…

Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT).

Decentralized applications (dApps) are becoming increasingly popular as more businesses and developers seek to leverage the benefits of decentralized networks such as blockchain. However, developing dApps can be complex and time-consuming. To simplify the process, developers can use frameworks that provide a set of tools and functionalities to test, compile, deploy and debug their applications.…

Ether (ETH) rallied 11.3% between Nov. 28 and Dec. 5, peaking at $1,300 before facing a 4.6% rejection. The $1,300 resistance level has been holding ground for twenty-six days and is the most likely explanation for the correction to $1,240 on Dec. 6. Ether/USD price index, 12-hour. Source: TradingViewSo from one side, traders are relieved that…

Halloween-themed cryptocurrencies are taking over the crypto ecosystem on Twitter, typically purchased as an off-the-shelf product providing no real use case or future for investors. 212 Total views 2 Total shares The crypto community never shies away from deploying new cryptocurrencies that are themed on current events, and Halloween was no exception. The industry saw…

A number of decentralized finance protocols experienced volatility around the $1 billion mark in 2020, briefly making some of them unicorns in the crypto space. Though the 2020 numbers are comparable to the number of projects that emerged as unicorns during the 2017 initial coin offering boom, Gemini co-founder Cameron Winklevoss said in September that…