VanEck reissues $180K Bitcoin price target for current market cycle

The “realized cap” of Bitcoin (BTC), a statistic observed by on-chain market analysis platform Glassnode, has hit a new all-time high on June 19. It may indicate an overall increase in new investors in the cryptocurrency market in recent months.Glassnode said:“Bitcoin's Realized Cap has hit a new all time high. At $106.63 billion, it has…

French police have shut down a massive botnet that has been used for Monero (XMR) cryptojacking.Cryptojacking backed by “massive firepower”BBC News reported the development on Aug. 27. According to the police, the botnet was distributed by sending virus-laden emails with offers for erotic pictures or fast cash, and further propogated through infected USB drives. The…

Top Yearn Finance developer Andre Cronje has disappeared from social media due to 'death threats' — and now the community is posting 'Love Letters' to entice him back. 1545 Total views 22 Total shares Yearn Finance (YFI) developer Andre Cronje has dropped out of public view after reportedly receiving 'death threats' from the decentralized finance…

The Web3 educational platform also announced a Polkadot education initiative to help onboard new developers to the blockchain network.

On Nov 14, an unknown party exploited flash loans via the decentralized finance protocol Value DeFi to the tune of $5.4 million. A number of individuals have received a portion of their stolen funds back, however, after pleading with the hacker using input data on the Ethereum blockchain.According to data from Etherscan, the hacker sent…

The CEO of crypto lending and staking platform Celsius Alex Mashinsky believes “the Sharks of Wall Street” can smell blood in the water and are causing instability at several crypto projects.Mashinsky attributes recent Celsius (CEL) price falls, the brief Tether (USDT) depegging, and collapse of Terra (LUNA) — at least in part — to short…

The United States Securities and Exchange Commission “is serious about the destruction of digital assets,” according to cryptocurrency exchange Coinbase.

The company behind cryptocurrency zcash (ZEC) is facing a $2 million legal challenge over unpaid shares, documents originally filed on May 29 confirm.According to the complaint, which appeared at the Superior Court of California for the County of San Francisco, an ex-employee brought the charges after he did not receive $15,000 of stock in 2016.Simon…

Crypto services in the U.K. will face stricter regulations, including a “cooling-off period” for first-time investors and a ban on “refer a friend” bonuses. 347 Total views 2 Total shares In a June 8 announcement, the United Kingdom’s Financial Conduct Authority (FCA) said that from Oct. 8, advertisers of crypto services in the U.K. would…