What is a bull trap, explained
A bull trap lures traders into thinking prices will keep rising, only to reverse and cause losses. Learn how to spot and avoid this common trading pitfall.
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Binance US will delist AMP following SEC claim token is a security
The exchange said all AMP trading will be halted on Aug. 15, adding that it “may resume at some point in the future." 267 Total views 68 Total shares United States-based crypto exchange Binance.US said it will be delisting the AMP token “out of an abundance of caution” of possible enforcement by federal regulators. In a…
OpenSea freezes $2.2M of stolen Bored Apes
Art gallery owner Todd Kramer had his valuable NFT collection stolen from his hot wallet yesterday, so OpenSea froze the stolen assets worth about $2.2 million. 1732 Total views 29 Total shares NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New…
From beer to Bitcoin as legal tender: A BTC education in Roatán
Few crypto enthusiasts around the world could point to the remote island of Roatán prior to the Bitcoin 2022 conference in Miami. Dušan Matuska was one of them, a Bitcoin (BTC) educator whose plans to open a Bitcoin education center in a former brewery entangled with the Satoshi Nakamoto-inspired vision of a special economic zone in…
Shock survey suggests most investors think Bitcoin won’t top $50K by 2030
A survey from Genesis Mining has found that most Bitcoin investors aren't expecting a $50,000 BTC price in 2030 — although 3.5% of respondents tipped prices exceeding $500,000. British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings from a survey of 1,000 current and former U.S.-based Bitcoin investors — two-thirds of whom…
Tether invests $100M in agriculture firm as stablecoin competition grows
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T-Mobile sued by victim who lost $450K in Bitcoin in SIM swap attack
The wireless carrier is accused of failing to protect its customers from SIM swappers' lucrative heists. 384 Total views 1 Total shares Telecoms provider T-Mobile has become the latest corporate name to come under fire for its alleged negligence and failure to protect customer information, which indirectly enabled a "SIM swap attack" that led to…
Crypto user modifies old school Game Boy for Bitcoin mining
YouTuber Stacksmashing estimated his rig would take "a couple of quadrillion years to mine a Bitcoin." 837 Total views 15 Total shares An IT security researcher has been able to adapt Nintendo’s first major handheld game console to mine cryptocurrency.According to a recent YouTube video, user Stacksmashing used the hardware from a Nintendo Game Boy…
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHang Seng drops most since 2008Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight.Despite what Michaël van…