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Liquid Gold vs Digital Gold: Why Bitcoin Beats Oil in the Current Climate


Extreme volatility. Sudden loss of value. A purported store of value. An economic hedge. An alternative to gold. On the face of it, bitcoin and oil have a lot in common. Both markets have been buffeted by the covid-19 economic downturn, but while bitcoin has stabilized, oil keeps plummeting. What...

Coin Race: Tezos & Kyber Network Win February, Bitcoin Suffers Unusual Loss


After a stellar start of the year, bitcoin and altcoins have let off the gas pedal and undergone a correction which began in the middle of February. As a result, the last month of winter was a bit of a mixed bag for all coins. Bitcoin once again fell below USD 9,000 mark and dragged some of...

$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources


On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from...

Crypto Exchange Model Disruptor FCoin Reports 'Severe' Damages, Data Loss


Source: iStock/traffic_analyzer Something is happening over at FCoin, a Chinese crypto exchange, and it resulted in the mysterious case of missing data. Meanwhile, the exchange opened a withdrawal process. FCoin was founded by the former CEO of Huobi exchange, Zhang Jian. It's said to be...

Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends


The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin...

Man Suing AT&T Over USD 1.8m Crypto Loss Says Telco ‘Can’t Deny’ Blame


The American man attempting to sue AT&T after falling victim to an alleged USD 1.8 million “SIM swap” cryptocurrency theft says the telecoms giant is “unable to deny its involvement” in the loss of his funds. The man stated that AT&T neglected to make “sufficient data security systems...

Hive Blockchain Lost 'Last Analyst'; Reports Record Income, Still Makes Loss


The first publicly listed blockchain infrastructure company, Hive Blockchain Technologies Ltd., reportedly lost the last analyst covering it, and the price of its shares is far from the early days of it going public. Meanwhile, the company reported an income increase of c. 84% in Q3, compared...

Binance Coin (BNB) Minimizes Loss Overnight; Now Aims at Stability


Binance Coin has been eyeing towards stability as it reduced the loss significantly and managed to stay above $15 BNB price may soon rally towards $16 as the next resistance is expected at $15.64 Binance Coin has shown a decline of 0.98% over the last 24 hours, and the price has now rested around...

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