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Crypto Exchange Bithumb ‘Not Liable’ for Customer’s USD 401,000 Losses


The Supreme Court of Korea. The South Korean market-leading crypto exchange Bithumb has won its legal struggle against an investor who accused it of negligence, claiming he lost USD 401,000 in cash after a 2017 data breach. Per news agency Yonhap, a man identified only as “Mr. A” for legal reasons...

KuCoin Exchange Hacked, Approx. USD 150 Million Worth of Crypto on the Move


Singapore-based cryptocurrency exchange KuCoin has experienced leakage of its private keys tied with its KuCoin hot wallets, which resulted in a hack of approximately USD 150 million worth of customer funds. The platform has temporarily suspended deposits and withdrawals from its platform, while...

Rescuing USD 9.6 Million in Ethereum: The Fellowship of a Smart Contract


"On September 15, 2020, a small group of people worked through the night to rescue over USD 9.6m from a vulnerable smart contract," the author of a recently published blog wrote, starting the story. Sam's discovery While looking at some smart contracts, expecting to find nothing...

Chainlink Trades Below $8 and Loses a Subsequent Amount


Chainlink has been one of the massive gainers of the year until it entered a bleak movement lately after marking an All-Time High around $19.9 in the mid of the previous month. With a constant gain after having traded sideways, LINK is now one of the most lucrative investments in the market and...

USD Coin (USDC) Trades at $1 with No Extremities Projected


USD Coin—as the name suggests, is one of the top 15 completely collateralized USD stable coin, which is deemed to have its price movement around $1. USDC is issued and completely regulated by financial institutions against which these institutions maintain reserves of the equivalent fiat currency...

Binance USD Trades at $1.00 with Strong Support at $0.99


Binance USD—a stable coin issued by a massive ecosystem of Binance in collaboration with Paxos, which is centrally approved and modulated by the New York State Department of Financial Services. BUSD is a 1:1 USD-backed token of the global market and will, therefore, carry a price movement around...

Jamstack Conf


Here’s an important detail here: It’s free! Jamstack Conf Virtual is coming up October 6th and 7th, 2020. The sessions are on October 6th. That’s the free part (register here). Then on October 7th there are a variety of workshops (they all look great to me) that are $100 USD each....

Bithumb Operator Wants At Least USD 430m For Its Stake In Exchange - Report


One of the biggest crypto exchanges might be sold as South Korean market-leader Bithumb is reportedly looking for a buyer. Per Herald Kyungjae, undisclosed investment banking sources have told the media outlet that Bithumb operator Bithumb Holdings is actively looking for a way out of the market....

4 Reasons Bitcoin May Hit USD 1-5 Trillion Market Cap in 10 Years


Despite innovations in mostly Ethereum-based decentralized finance (DeFi) stealing much of the attention at the moment, New York-based investment company ARK Invest Management claims that bitcoin (BTC) is “the most compelling monetary asset since gold,” capable of reaching a market capitalization...

From USD 150k to 30m: How MicroStrategy CEO Sold Voice.com To Block.One


Block.one CTO Dan Larimer during the announcement of Voice in June 2019. Prior to buying a total of BTC 38,250 for a grand total of USD 425 million, Michael J. Saylor, the CEO of MicroStrategy, an American software company, sold the Voice.com domain to the developers of Voice decentralized social...

Bitcoin Inches Closer To USD 11,000, Altcoins Turn Green


Bitcoin price started a steady recovery above the USD 10,500 and USD 10,550 resistance levels. BTC even surpassed the USD 10,700 level, and it is currently (08:30 UTC) facing resistance near USD 10,800. The main resistance for a sustained upward move is still near USD 11,000. Also, most major...

Bitcoin Options Traders Bet the Price of BTC Can Touch $36K by December


This past weekend, data shows the most active bitcoin options contracts were calls for $28k, $32k, and $36k by the year’s end. This means a number of options traders are betting the price of bitcoin will exceed the all-time high (ATH) the decentralized currency touched in December 2017....

3rd Incident Hits bZx - Debt Up by USD 8m, Team Still Praises the Protocol


DeFi lending protocol bZx (BZRX) confirmed that "due to a token duplication incident" its insurance fund "has transiently" accrued debt of around USD 8m. At pixel time (08:05 UTC), BZRX, ranked 138th by market capitalization, trades at USD 0.439 and is down by 32% in a day...

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