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Tag Archives: Holds

South Korea’s Largest Cryptocurrency Exchange Holds $6 Billion

Bithumb, the largest cryptocurrency exchange in South Korea with a daily trading volume of about $476 million, is holding $6 billion on behalf of its customers as of 31 December 2017, according to its published audited accounts. South Korea’s Bithumb Stores $6 Billion On Behalf of Customers South Korea is one of the largest cryptocurrency markets and Bithumb is the ...

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Manufacturer Holds Cryptonight ASIC Firesale after Monero Hard Forks

Join our community of 10 000 traders on Hacked.com for just $39 per month. Mining hardware manufacturers have begun selling Cryptonight ASIC miners for next to nothing after privacy-centric cryptocurrency Monero carried out its threat to adopt a hard fork to maintain ASIC resistance. Last week, Monero activated its semi-annual hard fork, an update that included an alteration to its ...

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Price of Verge Holds Above $0.50 Despite Major Attack – The Merkle

The past day for Verge (XVG) represents yet another fiasco for the highly controversial Dogecoin fork. Hackers have managed to mine an XVG block every second through a timestamp exploitation coupled with a 51% attack. To make matters worse, hasty developer responses have actually rendered the network even more incapable through an ineffective hard fork. Since yesterday, hackers have mined ...

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Currency Holds its Ground at $8,600 – The Merkle

After a relatively unsteady week, there’s not much to report on bitcoin’s price. At press time, the currency seems to be standing firm at $8,600 – a figure it reached just 24 hours ago. Recent news stemming from Japan likely contributed to a four or five percent drop in bitcoin’s price during the early morning hours, though it appears the ...

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Bitcoin Price Holds Above $8,500 as Market Fights to Cement Recovery

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Bitcoin price held above $8,500 on Tuesday as the market fought to cement yesterday’s widespread recovery. On Monday, the cryptocurrency market cap swelled by $45 billion, with virtually every top-tier cryptocurrency experiencing a double-digit percentage advance against the US dollar. The market ebbed from its ...

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