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Hackers Have Stolen $100 Million From Defi Projects This Year


Hackers have stolen $100 million from decentralized finance (Defi) projects so far this year, according to a new report. Defi accounted for 50% of all hacks and thefts in the second half of the year. Defi Hacks on the Rise A new report by cryptocurrency forensics and blockchain threat intelligence...

Ethereum Price Reflects Bullish Divergence Due to Steep Rise


Ethereum, the major altcoin, is seen trading above $400 and even above $450 at $460, and if corrects upsides any further, it is likely to reclaim YTD high at $490. ETH coin has been drawing a volatile crossover over the past three months right before hitting $490. Ethereum is an investment for...

Lebanon Schedules Its CBDC, DeFi Crime On The Rise + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. CBDCs news Lebanon plans to introduce a digital currency in 2021 to restore confidence in the banking sector and transition into a cashless system...

Bitcoin Volatility Expected to Rise After the US Presidential Election


While the United States prepares for the results of the 2020 Presidential Election, a number of data points and traders expect some significant cryptocurrency price fluctuations this week. Statistics from skew.com show bitcoin’s 30-day implied volatility has increased to 59% while 3-6 month...

Report: Bitcoin Set for its Biggest Breakout Yet


A recent Coinmetrics report says on-chain fundamentals are hinting at bitcoin experiencing its biggest breakout yet. The report notes that bitcoin is already showing signs of this following its rise by about $1,000 in one day on October 21. The digital asset has subsequently set a new all-time high...

Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees Decline


Bitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred in the last week, as the price of bitcoin soared on growing institutional interest. According to data by Bitinfocharts, it cost an average...

Bitcoin Consolidates While Altcoins Continue To Rise


Yesterday, we saw a sharp rise in bitcoin price above the USD 12,500 and USD 13,000 resistance levels. BTC even spiked towards USD 13,250 before starting a downside correction. The price is currently (05:00 UTC) consolidating gains, with many supports such as USD 12,800 and USD 12,650. Also, most...

Hotel Bitcoin ATMs on the Rise With Addition of Swiss Hotel Dolder Grand


The number of hotels with a bitcoin ATM on-site is growing in Switzerland. The latest announcement came from The Dolder Grand, a luxury hotel and spa in Zurich, which recently installed a crypto ATM supporting four cryptocurrencies. Bitcoin ATMs Gaining Popularity in Hotels The Dolder Grand...

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