Bitcoin News / Bitcoinist - 2 years ago
The Mango Markets exploit, which was just one of the number of hacked and exploited dApps last year, was a remarkable one. The exploit led to roughly $114 million lost from the decentralized digital-asset exchange trading platform. According to the l...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
The bitcoin market has been decimated by the 2022 bear market. Billions were lost from the collapses of major crypto exchanges last year. However, 2023 seems to bring new investor sentiment as the market improves, at least for crypto. Since the start...
Bitcoin News / Bitcoinist - 2 years ago
The year 2023 is showing, at least in part, renewed investor sentiment on the Bitcoin market. According to CoinMarketCap, the total market capitalization of cryptocurrencies currently stands at $846.4 billion. Only a 1% decrease from yesterday’s $853...
Bitcoin News / Bitcoinist - 2 years ago
The year 2023 is showing, at least in part, renewed investor sentiment on the Bitcoin market. According to CoinMarketCap, the total market capitalization of cryptocurrencies currently stands at $846.4 billion. Only a 1% decrease from yesterday’s $853...
Bitcoin News / Bitcoinist - 2 years ago
Dogecoin mining profitability is actually higher than that of bitcoin, according to data from the mining calculator website CoinWarz. With the market seeing declines over the past year, the mining industry has taken a hit when it comes to its profita...
Bitcoin News / Bitcoinist - 2 years ago
Amidst the crypto winter casualties continuing, the California-based crypto payment channel Wyre disclosed limits on withdrawals for all users. The payment company joins others that previously restricted withdrawals or laid off their workforces to su...
Bitcoin News / Bitcoinist - 2 years ago
Hong Kong has expressed interest in becoming a global crypto hub as it has decided to be more welcoming to crypto companies. Opening up to newer crypto companies or startups could increase crypto retail participation in Hong Kong. Paul Chan, Hong Kon...
Bitcoin News / Bitcoinist - 2 years ago
The U.S. and other financial institutions and law enforcement agencies are stepping up their efforts to sanction crypto entities. The U.S. and its Office of Foreign Assets Control (OFAC) changed the modus operandi employed to impose sanctions. The...
Bitcoin News / Bitcoinist - 2 years ago
Solana has jumped to 11th on the top crypto by market cap list today. Can the coin continue this and dethrone Polygon from the 10th spot? Solana Continues Uptrend, Registers 25% In Gains Today This new year so far has been a fantastic time for Solana...
Bitcoin News / Bitcoinist - 2 years ago
Over the last week, Solana (SOL) has emerged as one of the top winners in the crypto market after seeing more green days than red in the last week. It is still continuing the streak into the new week after recording double-digit gains once more. This...
Bitcoin News / Bitcoinist - 2 years ago
As the FTX investigation is still ongoing, several unexpected incidents have been discovered. In today’s news, Andrew Vara, the US bankruptcy trustee in FTX’s case, disclosed that the beleaguered exchange has refused to provide financial details rega...
Bitcoin News / Bitcoinist - 2 years ago
Web 3.0 has been hit hard by last year’s bear market. Web 3.0 is a term first coined by Ethereum co-founder Gary Wood during the coin’s launch back in 2014. Since then, the market for this type of technology has grown as the adoption of cryptocurrenc...
Bitcoin News / Bitcoinist - 2 years ago
The FTX demise has undoubtedly resulted in multiple questions from many people wondering how an exchange that was once one of the largest could have crashed in a blink of an eye. Former FTX US president, Brett Harrison, who after departing from the b...
Bitcoin News / Bitcoinist - 2 years ago
2022 is now in the history books, and will go down as one of the most challenging years in markets potentially ever. The traditional stock and bond-based portfolio investors have sworn by has seen the worst performance in over one hundred years. Maj...
Bitcoin News / Bitcoinist - 2 years ago
One of the most significant technological events in the year, the 2023 Consumer Electronics Show (CES), saw participation from the Bitcoin and crypto industry. The nascent asset class has seen a persistent downtrend in its value, but the bear market...
Bitcoin News / Bitcoinist - 2 years ago
Data shows Bitcoin whales have been inactive recently as transactions of more than $10 million now account for only 19% of the total volume. Bitcoin Volume Dominance Of $10M+ Transfers Declines To 19% According to the on-chain analytics firm Glassnod...
Bitcoin News / Bitcoinist - 2 years ago
Strange antennas have been spotted cropping from the hills of Salt Lake City in Utah, that seem to be linked to a crypto mining company. According to KSLTV-5, the antennas appeared a year ago and authorities still have no idea who is leaving them on...
Bitcoin News / Bitcoinist - 2 years ago
Ripple Labs’ Managing Director for Europe, Sendi Young, shared her predictions for 2023 in a Twitter thread. As Young notes, 2022 was a “monumental” year for crypto with many ups and many downs. Young expects no less major changes i...
Bitcoin News / Bitcoinist - 2 years ago
Given the escalating drama surrounding the Digital Currency Group (DCG), it does not seem out of the question that the Bitcoin price will drop once again. Despite today’s breakout above the important $17,000 level, a bankruptcy of DCG and a rel...
Bitcoin News / Bitcoinist - 2 years ago
Microstrategy has been raising some eyebrows as its accumulation of Bitcoin continues. According to recent news, the company raised its holdings by 2,500 BTC for a total BTC holding of 132,500 BTC. According to Forbes, the company used $2.36 billion...
Bitcoin News / Bitcoinist - 2 years ago
Is there a concise way to describe the sports landscape throughout crypto over the past year? It’s been climbs to mountain top highs, dips and dives to unthinkable lows, and everything in between. We saw smashing new sponsorship deals that rose...
Bitcoin News / Bitcoinist - 2 years ago
The cryptocurrency space has been on the grayer side of the financial space since its conception. But with bitcoin and the traditional financial and crypto sector in general getting more intertwined, the government now seems to have found a way for c...
Bitcoin News / Bitcoinist - 2 years ago
NFT startup SuperRare has started to take drastic measures in order stay in business in the face of an extended crypto winter, giving the pink slip to some members of its workforce. According to the contents of a screenshot that was shared on Twitter...
Bitcoin News / Bitcoinist - 2 years ago
Digital Currency Group, better known as DCG, is currently under investigation by U.S. authorities. According to a report by Bloomberg, U.S. prosecutors in New York – specifically, the city of Brooklyn – are assessing the internal trans...
