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Crypto Market Sentiment Down for Third Week in a Row


  Crypto market sentiment dropped for the third week in a row, now standing quite close to the bottom line of the 5-6 range. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is 5.18 today, whereas it was 5.22 a week ago, according to data provided...

Bitmart Loses $200 Million in Hack Performed by Unknown Attackers


Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers...

Bitcoin and Ethereum Fluctuate, Small Altcoins Suffer Biggest Losses


Bitcoin price attempted a recovery wave above the USD 49,000 level. However, BTC failed to clear the USD 50,000 resistance zone and started a fresh decline to almost USD 47,000. It is currently (12:08 UTC) trying to recover and moving higher above USD 48,000 again. Similarly, most major altcoins...

Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss


  Major centralized crypto exchange BitMart, which fell victim to a hack over the weekend and lost approximately USD 200m worth of digital assets, intends to compensate affected users and resume its operations.... Read More: Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss

Bitcoin and Ethereum Consolidate, BAT and ALGO Rally


  On Saturday, bitcoin price started a major decline from well above USD 52,000. BTC dived over USD 10,000 before recovering losses. It is currently (04:41 UTC) consolidating losses, with a major hurdle near USD 50,000. Besides, most major altcoins traded below important supports. ETH dived below...

Bitcoin and Ethereum Price Predictions for 2022


  The past year has been another great year for the cryptoasset market, with bitcoin (BTC) having almost doubled in price year-to-date, and the total crypto market capitalization increasing from just over USD 750bn to almost USD 3trn.... Read More: Bitcoin and Ethereum Price Predictions for 2022

Bitmart Says It Lost USD 150M In a Hack, Suspends Withdrawals


  One of the top 30 crypto exchanges, Bitmart, confirmed it has lost around USD 150m in a hack today, December 5, and has temporarily suspended withdrawals until further notice. The company said they have identified "a large-scale security breach" related to one of their Ethereum (ETH)...

Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues


A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency...

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