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Hack Forces Travel Company to Pay USD 4.6m in Bitcoin Ransom

3.8.2020
A recent hack of a major travel management firm has reportedly left attackers with USD 4.6m worth of bitcoin (BTC), after the company on July 28 was forced to pay to restore access to internal files, Reuters reported, citing a record of the ransom negotiations. The attack targeted up to 30,0000...

Bitcoin Hits USD 12K, Crashes By USD 800 In Minutes; Ether, XRP Shine

2.8.2020
The most popular cryptocurrency, bitcoin (BTC), started Sunday on a volatile note, as its price crashed by more than USD 800 in 25 minutes after topping USD 12,000. At pixel time (06:31 UTC), BTC trades at USD 11,261, after somewhat rebounding from USD 11,130, compared with USD 12,041, reached...

Ethereum Won't Give Its USD 4bn DeFi Throne to EOS, Tron Anytime Soon

1.8.2020
Most of the total value locked (TVL) into DeFi (decentralized finance) is locked into Ethereum (ETH)-based platforms, and in the short term, it seems like things are going to stay this way. As for the longer term, industry observers told Cryptonews.com that Ethereum will remain the dominant DeFi...

USD 1m Rich Bitcoin Addresses Up 38%, KR1 Made USD 2.6m + More News

31.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news After a recent bitcoin (BTC) rally, the number of BTC addresses holding at least USD 1m has surged by 38% to around 18,000...

The Snapshot of The Bitcoin Rally to USD 11,000

28.7.2020
As bitcoin (BTC) continued its surge higher after breaking through the crucial USD 10,000 level on Sunday and hitting USD 11,000 on Monday, a number of metrics show how much has the interest in the most popular coin increased in the past few days. Trading volume While on Monday it reached...

Bitcoin Up In a Year Again: Hits USD 11,000, Grows Dominance

28.7.2020
Source: Adobe/jan_S It took one day for the most popular cryptocurrency, bitcoin (BTC), to climb from the long-awaited USD 10,000 level to USD 11,000, increasing its dominance in the market and showing positive returns in the past 12 months again. However, BTC is still not the best performer even...

Bithumb Confident of Victory in Disputed USD 67m Tax Bill Case

28.7.2020
South Korean market-leading crypto exchange Bithumb may win its USD 67 million legal struggle against the country’s tax authorities, per legal and industry officials. According to the Digital Times, analysts believe that Bithumb has the upper hand in its fight against a tax bill served to...

Bitcoin Pops Above USD 10K, Ethereum Outperforms All Major Coins Again

27.7.2020
Bitcoin (BTC) and ethereum (ETH), the first- and second-ranked cryptoassets by market capitalization, continued higher over the weekend, with both coins breaking through crucial resistance levels at USD 10,000 and USD 300, respectively. As of press time on Monday morning (04:43 UTC), bitcoin was...

Bitcoin Surges Back Above USD 9,500 in a Rally Led by Ethereum & Co

23.7.2020
After a month of low-volatility trading below USD 9,500, bitcoin (BTC) finally broke through the level, helped by a surge in ethereum (ETH) and other major altcoins. Although the rally was not unusually strong for a cryptoasset like bitcoin, getting the price of the asset above USD 9,500 is seen...

Hedera Hashgraph in Micropayments, Avalanche Raises USD 42m + More News

22.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain and DLT news Distributed ledger company Hedera Hashgraph (HBAR) has started a collaboration with Australia’s debit card system eftpos...

YFI Grabs Yield Farmers' Attention as DeFi Hits USD 3bn Milestone

21.7.2020
It's getting busier in the world of decentralized finance (DeFi) every day: the total value locked surpassed USD 3 billion, while a new governance token took the yield farming spotlight. DeFi has been hitting major milestones over the past few months, with the total value locked (TVL) rising...

Bitcoin Climbs Above USD 9,300, Altcoins Gaining Bullish Momentum

21.7.2020
Bitcoin price remained well bid above the USD 9,050 and USD 9,000. BTC formed a strong support base above USD 9,000 and it recently started a steady rise. It broke the USD 9,200 pivot level and it is currently (08:30 UTC) trading above the main USD 9,300 resistance zone. Similarly, most major...

BitMEX-affiliated Firm Leads USD 3.4m Investment in S African Exchange

21.7.2020
The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges. Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange...

Chinese Blockchain-powered Cross-border Trade Pilot Handles USD 4.4bn

21.7.2020
Operators of a Chinese blockchain-powered cross-border trade pilot platform are set to expand the platform’s scope – with multi-million dollar trade deals now being conducted in a key testbed area. Per Haiwainet, the central government is testing the efficacy of the network in the Guangdong-Hong...

Hackers Hack Telecom Argentina, Demand USD 7.5 Million In Monero

20.7.2020
Telecom S.A., the largest telecommunications company in Argentina, has suffered a ransomware attack as hackers demand USD 7.5 million in privacy coin Monero (109,345 XMR) to be paid until the night of Tuesday, July 21. If the company does not meet the deadline, the payable amount will rise to...

This Generalist Investor Goes Long on Bitcoin, Says USD 40K-100K Possible

17.7.2020
Lyn Alden. Source: a video screenshot, Youtube/MoneyShow The next bull cycle for bitcoin (BTC) may bring its price up about 2 to 5 times the price seen during the previous all-time high from December 2017, meaning it could jump to USD 40,000 - USD 100,000 per coin, a popular generalist investor...

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