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Tag Archives: hit

Bitcoin Trading Skyrockets on BitMEX, BTC Wallets Hit New Record

The current number of blockchain wallet users has surpassed 30 million, up from 28 million since September, despite the market downturn. The number of blockchain wallet users worldwide has been growing steadily ever since Bitcoin’s inception in 2009 with no signs of fatigue. Source: Blockchain.com Meanwhile, Bitcoin reached another milestone on Reddit. The active Bitcoin subreddit community r/bitcoin has reached ...

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Bets Against Bitcoin’s Price Hit a 6-Week High

The pessimistic sentiment around bitcoin prices saw the number of shorts hit a six-week high on Thursday. At press time, BTC/USD short positions on the cryptocurrency exchange Bitfinex jumped to 37,891 – the highest level since Oct. 15 – and were last seen at 36,996. Notably, shorts have risen by 95 percent in the last three weeks, accompanying BTC’s recent drop ...

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Vertcoin Hit by 51% Attack, Allegedly Lost $100,000 in Double Spending

A bitcoin-replica launched with an aim to discourage miners from forming pools and gain a monopoly over its network has been compromised. Mark Nesbitt, a security expert, revealed that the blockchain of Vertcoin, a peer-to-peer PoW cryptocurrency, is under a 51% attack. The Coinbase engineer found that some anonymous cybercriminals rented a large amount of ASIC hash rate to attack the ...

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Bitcoin Price Will Hit New All-Time Highs in 2019: Quoine CEO

Bitcoin price will likely reclaim or surpass its all-time high by the end of 2019, guesstimated Mike Kayamori. The Quoine chief told Bloomberg in an interview that while it is difficult to predict how much time bitcoin would take to establish a new peak, he is sure it would touch it nonetheless. Adding that he believed bitcoin bottom is near, Kayamori ...

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Craig Wright’s Bitcoin Cash Fork Can Hit $1 Million: Fmr Reddit Crypto Dev

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. According to former Reddit crypto lead-turned-entrepreneur Ryan X. Charles, there are only a couple options for the future of Bitcoin, specifically Bitcoin Cash-spinoff Bitcoin SV — it goes to astronomical highs, or it goes to zero. To illustrate ...

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Bitcoin Could Hit $15-20K by End of 2019

The Chief Commercial Officer (COO) of global crypto payment processor BitPay has ventured that Bitcoin (BTC) will hit $15,000 to $20,000 by the end of 2019. The COO, Sonny Singh, made his forecast during an interview with Bloomberg Nov. 22. In the midst of a bearish market picture – with Bitcoin down over 32 percent in value on the month ...

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Ethereum Token Hit by Malicious Minting Attack

Twitter Facebook LinkedIn Ethereum Smart contract and dApp developer Level K has uncovered the existence of a vulnerability within the Ethereum framework that potentially allows bad actors to mint large amounts of GasToken when receiving ETH. In a blogpost published on November 21, the company revealed that the weakness has been flagged to most at-risk exchanges who have since effected ...

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