The past 24 hours have been extremely tumultuous for Binance, the largest Bitcoin (BTC) spot market per data from crypto startup Bitwise Asset Management. As NewsBTC reported on Tuesday in the wake of “unscheduled server maintenance,” the Malta-based cryptocurrency exchange was revealed to have lost 7,074 BTC, valued at $40 million, from its hot wallet…
Following this morning’s $40 million hack of the globe’s largest crypto asset exchange there were calls to roll back the Bitcoin blockchain to nullify the fraudulent transaction. Binance boss Changpeng ‘CZ’ Zhao said in an earlier AMA that the company was deciding on whether to push for a possible rollback. The move comes as the…
In times gone by, any exchange breach or hack would have set shock-waves through the crypto community and sent markets plunging. It may be a sign of a maturing market but the aftermath of the Binance breach has not really been that bad for Bitcoin in the grand scheme of things. Bitcoin Price Reaction Within…
The entire crypto community of traders, analysts, and investors alike are all watching Bitcoin closely, as the digital asset reaches an important inflection point in its life as a financial instrument. As traders seek to predict not only the direction of Bitcoin price, but the price target itself, oftentimes a chart will be turned upside-down…
Bitcoin has incurred significant buying pressure over the past month that has allowed multiple major altcoins to surge. Despite this, many altcoins have remained stagnant and have failed to match the large gains that BTC and the aggregated crypto markets has posted over the past month. Now, one prominent cryptocurrency analyst is expressing an overwhelmingly…
Breaking news: Binance, a Malta-registered Bitcoin & crypto asset exchange that is one of the most well-respected in the market, has just revealed that it has been slammed by a “large scale security breach”. The platform reports a loss of 7,000 BTC, valued at $42 million at current values. Binance Security Breach Updatehttps://t.co/KY2J3jWpmn pic.twitter.com/JZtMsbI9fS —…
The crypto markets have been incurring significant upwards momentum over the past month which was extended yesterday when Bitcoin (BTC) rapidly surged to highs of nearly $6,000 before it settled slightly lower. This rapid upwards surge has further strengthened the case for an imminent bull run, as many technical indicators are now flashing bullish signals…
The asset that legendary investor Warren Buffett once called a “rat poison” is looking like nectar in 2019. Bitcoin, a global money system currency, surged up to 53 percent in a much-needed bullish recovery session. In comparison, Crude Oil recovered 33 percent, while the technology stocks rallied 24 percent. Recession-stuck US real estate market and…
In March, NewsBTC sat down with Max Kordek, the founder of Lisk, to pick his brain about his project, the broader crypto and blockchain industry, and the future of Bitcoin. Related Reading: HTC Exec: Facebook Coin is like the Intranet, Bitcoin is like the Internet The Latest On Lisk NewsBTC: Thanks for sitting down with us.…
Crypto markets surge to new yearly highs; Bitcoin and Ethereum commanding things, Litecoin, EOS, Tezos and Cosmos all making. Momentum has been pretty monumental over the past twelve hours or so in crypto markets. The top two heavyweights have both surged pushing total market capitalization up to a new 2019 high just shy of $190…