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KuCoin CEO says insurance covered 16% of losses from $285M hack in 2020
3.2.2021
KuCoin users were unaffected by the $285 million hack of 2020 as insurance funds covered the remaining losses from the incident
Market Wrap: Bitcoin Reverses Wednesday’s Losses, Ether Climbs
28.1.2021
Few are attributing the cryptocurrency's rise to market fundamentals after the GameStop roller coaster
Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop
28.1.2021
GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin
Bitcoin and Altcoins Show Signs of Additional Losses
27.1.2021
Bitcoin price failed to recover above the USD 32,000 and USD 32,400 resistance levels. BTC traded below the USD 31,200 support and is currently (13:00 UTC) showing bearish signs. It seems like the bears are aiming for a downside break below USD 30,000.
Similarly, most major altcoins are showing...
Bitcoin and Altcoins Consolidate Losses As Bears Lose Momentum
27.1.2021
Bitcoin price extended its decline below USD 31,200, but the bulls defended heavy losses. BTC recovered from USD 30,800 and it is currently (05:00 UTC) trading above USD 31,500. However, the price is facing a lot of hurdles, starting with USD 32,400 and up to USD 34,500.
Similarly, most major...
Glassnode predicts BTC break-out as investors refuse to realize losses
26.1.2021
Despite on-chain metrics indicating Bitcoin investors will soon face losses, Glassnode believes BTC is ready to bounce
Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses
22.1.2021
Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses...
Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts
22.1.2021
Despite a bounce earlier on Friday, bitcoin may yet see further losses in the near term
Bitcoin and Altcoins Struggle To Recover Losses
21.1.2021
Bitcoin price declined after it broke the USD 35,500 support. BTC even dived below USD 34,000 before the bulls appeared near USD 33,400. It is currently (05:00 UTC) consolidating losses above USD 34,000 and facing many hurdles near USD 35,500.
Similarly, most major altcoins are still in a bearish...
Goldman Sachs Sees Bitcoin Market Becoming More Mature
14.1.2021
Goldman Sachs’ global head of commodities research sees the bitcoin market becoming more mature. “The key to creating some type of stability in the market is to see an increase in the participation of institutional investors,” he detailed. Meanwhile, the price of...
Bitcoin Price Spike Targets the $40K Handle, Crypto Economy Recaptures $1 Trillion Market Cap
14.1.2021
Crypto asset markets have seen some significant gains over the last 24 hours recapturing much of the losses suffered a few days ago. The entire crypto-economy valuation is now back over the $1 trillion mark and bitcoin has jumped above the $40k handle on January 14. Bitcoin (BTC) and a number...
Bitcoin Briefly Revisits $40,000 as Bulls Pare Week’s Losses
14.1.2021
Bitcoin has rallied nearly 15% in the past 24 hours. Ether hits $1,200
Crypto Prices Show Signs of Recovery, Market Analyst Says ‘Bitcoin Remains in a Healthy Place’
12.1.2021
Bitcoin and a number of other cryptocurrencies have regained some of the percentage losses they suffered this past Monday, as various crypto assets are up today between 5-25% in value. On Monday, the crypto economy dipped under the $800 billion handle after the entire market cap fell from...
Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings
12.1.2021
As bitcoin and a number of digital assets saw deep losses on Monday, a few crypto-asset exchanges had difficulties. Traders have been complaining about issues with exchanges like Coinbase, Kraken, and other trading platforms during the volatile price swings. Bitcoin (BTC) and many other...
Crypto Markets Suffer Heavy Losses, Bitcoin Price Sinks More Than 25% in 24 Hours
11.1.2021
Cryptocurrency markets have suffered significant losses during the last 24 hours, as the entire crypto market cap has dropped below a trillion to $823 billion losing roughly 9.9% in value. Since the bitcoin price height on Sunday, January 10, bitcoin’s price plummeted over 25%, seeing...
Crypto User Loses Over $100K in Bitcoin While Transferring His Wallet
9.1.2021
A bitcoin user has shared his story of how he lost more than $100,000 in BTC during a wallet transfer. The bitcoiner attempted to transfer a wallet to a new computer without making sure that he had access to the encryption passwords tied to his private key storage. Password Manager Didn’t...
The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’
6.1.2021
The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply. This new figure represents a 92% drop from the 56,870 reported in 2019. When using current bitcoin prices, the 2020 thefts caused losses that...
Binance to Cover USD 10m in Losses for Users Affected by the COVER Hack
31.12.2020
Source: a screenshot, Instagram/binance
Following a COVER smart contract hack, major crypto exchange Binance announced they will use their funds to cover their users' losses to the tune of USD 10.1m.
"In addition to the compensation plan from the COVER team, Binance will utilize the Binance...
Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
30.12.2020
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before...
Ripple Lawsuit Could Invoke Billions in Losses to ‘Innocent Third-Parties,’ Says Former SEC Commissioner
27.12.2020
The crypto community is extremely curious about what will happen to Ripple Labs and the token asset XRP, after the U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Ripple and two executives. On December 25, the large cryptocurrency exchange Bitstamp announced delisting...