WazirX hacker funnels $149M, Hamster Kombat users face phishing attacks: Finance Redefined

Bitcoin (BTC) begins a new trading week within 5% of the mythical $20,000 price level — but can it get there this time?As the largest cryptocurrency lines up for another shot at overcoming seminal resistance, Cointelegraph looks at the market factors influencing price performance on Monday.Vaccine, stimulus decision fuels risk appetiteOn a wider macro level,…

The past year has been a crazy journey for the blockchain industry. Between the crippling effects of the COVID-19 pandemic across various sectors and Bitcoin’s marathon bull run, the year has been great for some and catastrophic for many.Decentralized finance is at the epicenter of most of the hype surrounding blockchain today. From the rise…

In a bearish environment, traders latch on to every bit of negative news and make that a an excuse to sell. Bitcoin (BTC) dropped over $1,000 within a few minutes as news hit the stands that the third-largest Chinese bank, the Agricultural Bank of China, will not allow the use of its services for crypto…

Despite Bitcoin (BTC) slipping back below $50,000, more and more investors are likely to move their capital into Bitcoin and gold markets in the second half of 2021 (H2), asserted to Mike McGlone on Aug. 23, the senior commodity strategist at Bloomberg Intelligence.The financial analyst cited the consistently lower yields offered by the 30-year US Treasury…

Hong Kong police reportedly arrested crypto influencer Joseph Lam (Lin Zuo), who goes by the username “jolamchok” on Instagram, for his association with crypto exchange JPEX. 713 Total views 7 Total shares A Hong Kong-based social media influencer has reportedly been arrested after investigations around the liquidity crisis of the crypto exchange JPEX traced back

Bitcoin (BTC) is entering prime “buy the dip” territory as the clock ticks down to the 2024 block subsidy halving.That is the conclusion of several well-known market participants this month, with Bitcoin just one year away from its “very interesting” next halving.Bitcoin vs. the halving: Time to buy?Bitcoin halving cycles are known to follow patterns…

Coinbase reports that it migrated its Tezos (XTZ) staking bakery from the United States to Ireland while incurring just one minute of downtime on March 31.Since launching its staking service for XTZ in 2019, the exchange has come to operate the largest validator in the Tezos network.Regulatory needs of Tezos ETP provider sparks Coinbase bakery…

Vault recently received approval for an ETF that includes stocks in various crypto-related companies. 658 Total views 19 Total shares The founder of Vault Equity believes that United States regulators have a fair reason to be slow in approving a pure Bitcoin (BTC)-related exchange-traded fund (ETF).Vault Equity CEO and founder Tad Park voiced support for the…

Overleveraged traders feel the pain once again as volatility wipes out huge amounts of value in minutes. 4260 Total views 21 Total shares Bitcoin (BTC) crashing to $27,700 and rebounding seconds later was a shock for some and financial ruin for others, data shows.According to on-chain analytics resource Glassnode, futures traders with long positions lost…