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Tag Archives: NEM

$60 Mln Crypto Exchange Hack in Japan had no Impact on Bitcoin Price

Another hacking attack has hit a known crypto exchange in Japan, and this time, thieves managed to steal around $60 million in crypto. Another Crypto Exchange Hack The popularity of attacks on crypto exchanges seemingly continues to grow, with another such exchange being hit just recently, in Japan. It is largely believed that such incidents are one of the main ...

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Bitcoin (BTC) Price Watch: Volatility Picking Up Leading to Bitcoin ETF SEC Ruling

Bitcoin Price Key Highlights Bitcoin price tossed and turned around current support levels but is still on track to complete a double bottom pattern. Price is making its way closer to the neckline around the $6,600 level and a break higher could confirm an uptrend. Technical indicators are showing the presence of selling pressure, though. Bitcoin price underwent a pickup ...

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Cyber Threat Alliance Identifies Huge Growth in Illicit Crypto Mining

The Cyber Threat Alliance has just released their latest Joint Analysis focusing on the threat posed by illicit cryptocurrency mining. The report shows that incidents of the cyber attack have surged a massive 459 percent since last year. Incidents of Illicit Mining Surge After Leak of Eternal Blue Exploit The Joint Analysis of illicit cryptocurrency mining by the Cyber Threat ...

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Analyst: Large Scale Investors Interested in Bitcoin Despite Current Prices

Although Bitcoin is sitting just above its year-to-date low at $6,300, analysts are confident that large scale investors are still interested despite the persisting bear market. Industry sentiment also appears to be near its yearly low, with most investors and analysts calling for pending drops closer to $4,800. Despite there being little hope for another major rally in the foreseeable ...

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Alibaba’s Jack Ma: Blockchain is Meaningless without Disruption in Manufacturing, Society

Jack Ma, founder and CEO of Alibaba Group Holding, has said that the blockchain is meaningless if it can’t transform the manufacturing industry and society. Alibaba Jack Ma Expects Blockchain to Create a Greener, More Inclusive Society Chinese e-commerce giant Alibaba, trading at the New York Stock Exchange with a market capitalization of more than $400 billion, has quickly become ...

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Pro League of Legends Gamer Robbed of $200K in Crypto in Sim-Hack

A prominent eSports gamer took to YouTube to reveal to his audience how “someone stole $200,000” worth of cryptocurrency in an apparent sim-swap hacking incident – a new growing cybercrime trend that appears to focus on cryptocurrency investors. Pro Gamer Doublelift Has $200K in Crypto Holdings Stolen American professional League of Legends player Yiliang “Peter” Peng, best known as Doublelift ...

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Bitcoin (BTC) Price Watch: Bearish Wedge Breakout

Bitcoin Price Key Highlights Bitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards. Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure. Technical indicators are showing that there is still some bullish momentum left. Bitcoin price made a downside ...

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Zimbabwe’s New Finance Minister Advocates Government Cryptocurrency Unit

The newly appointed Finance Minister of Zimbabwe is pushing for the formation of a cryptocurrency unit to help guide government policy relating to the technological and financial innovation. Mthuli Ncube also believes that the nation should pursue investments in the space. Will Zimbabwe Start Buying Cryptocurrency? According to a report in local news publication ItWebAfrica, the newly appointed Zimbabwean Finance Minister, ...

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No Plans to Regulate Cryptocurrency From UK Government

The recent reports regarding the crypto situation in the UK indicate that the country’s government has yet to make a formal assessment of potential consequences of the changes in the value of numerous cryptocurrencies. The Consequences of Crypto Price Swings Have yet to Be Determined As cryptocurrencies continue to expand and conquer the world of finances, numerous countries’ governments are ...

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Committed Crypto Enthusiast Embarks On “21-Day Bitcoin Challenge”

Despite China’s crypto crackdown, a Chinese cryptocurrency enthusiast recently embarked on a twenty-one-day journey to survive solely on a small stash of Bitcoin, no more, no less. 21 Days, 0.21 Bitcoin When it comes to cryptocurrency diehards, there isn’t anyone as committed as China-based crypto proponent He You Bing, who recently took to China’s streets to begin her 21-day challenge that ...

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