Bitcoin Corrects Lower, Ethereum and Altcoins Accelerate
10.2.2021
Bitcoin price rallied to a new all-time high near USD 48,200 before starting a downside correction. BTC traded below the USD 47,000 level and it is currently (05:00 UTC) near USD 46,000. The next key support is at USD 45,000, below which there are chances of a larger downside correction.
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UN report says North Korea behind $281M exchange hack to fund nukes
10.2.2021
A preliminary report from a United Nations inquiry suggests North Korea is using the proceeds from crypto hacks to funds its weapons programs
Seized Silk Road Bitcoin Worth $3 Billion Likely Linked to Disgraced US Secret Service Agent
10.2.2021
Over $3 billion worth in bitcoin seized by the U.S. Department of Justice (DOJ), belonging to Silk Road, are likely linked to a former U.S. Secret Service agent. The latest findings suggest that “Individual X” is, in fact, Shaun Bridges. Bridges Is Set to Be Freed in November Per recent...
Nervos launches $5M fund to support DeFi projects
10.2.2021
Chinese blockchain network Nervos has announced a $5 million fund to back emerging DeFi projects
Bitcoin mempool clogs up with 125K transactions waiting
10.2.2021
While the number of Bitcoin transactions that can fit in a block remains the same, demand on the network is leading to rising transaction costs
Virtual land can be worth more than the real thing after plot sells for record $1.5M
10.2.2021
Digital land is breaking new ground in terms of the price it can fetch, sometimes beating out the real thing
CME’s Ether futures drove more than $30M volume on first day
10.2.2021
More than $30 million worth of Ether contracts changed hands on CME during the market’s first day of trade
EY, Quadriga Law Firm Warn of ‘Imitation’ Site
10.2.2021
The imitation site is not authorized by EY and affected users have been advised to avoid at all costs
Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust
10.2.2021
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over...
Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
10.2.2021
“If you’re not a green hacker, and you’re not doing it for the planet, you can also do it for the money: by speculating downward on the price of Bitcoin before launching attacks.”
DeFi wars heat up as Curve Finance TVL hits $3.99B, surpassing Uniswap
10.2.2021
Curve Finance has surpassed Uniswap’s total value locked, a sign that competition between DeFi protocols is heating up
South Korean Telecoms Giant KT Posts ‘Sevenfold’ Blockchain Profits
10.2.2021
The coronavirus pandemic has slowed down trade in a huge swathe of industries, but some, such as the telecommunications sector – appear to be thriving, with blockchain sales rising for KT, one of South Korea’s biggest mobile carriers.
Per Newsian, KT’s operating profits rose by 2% in the past...