Category: Binance
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Markets Update: Crypto Prices Continue to Gather Bullish Momentum
Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software Has Been Rolled Back Before Crypto Markets Add $20…
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Crypto Meets Techno and Binance Security Breach in the Weekly Update From Bitcoin.com
[youtube https://www.youtube.com/watch?v=2KctscPNJis&w=560&h=349] Crypto meets techno with BCH-inspired music and discussion of the aftermath of the Binance security breach. In addition to learning about the latest developments, the winners of the latest giveaway will be revealed in this week’s video update on Bitcoin.com’s Youtube channel. Also Read: Why Cryptocurrency Investors Are Renouncing Their US Citizenship Crypto…
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Markets Update: Crypto Bulls Outpace Stocks and Gold
Cryptocurrency markets have been doing extremely well over the last 48 hours, making a lot of prior skeptics think the bearish crypto winter may have ended. Since our last markets update three days ago, the entire cryptoconomy has gained close to $33 billion in value and trading sessions over the last 24 hours produced a…
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Market buy on thin Binance order book costs inexperienced trader $400,000
An anonymous user reportedly lost $400,000 paying over 17,000 times the market price of a token by pressing “Market Buy” on Binance. First revealed in a Reddit post on May 9th, the news left many speculating on whether or not the alleged loss actually happened, and if it did, how did an exchange as large…
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Security update from Binance CEO, following $40 million exchange hack
Changpeng Zhao (“CZ”), the CEO of Binance, the world’s largest crypto exchange in terms of adjusted trading volume, has published a blog post in which he apologized for previously suggesting a chain reorg of the Bitcoin (BTC) blockchain. Following a large-scale security breach of Binance on May 7th, 2019, which resulted in a loss of…
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More than 7,000 Bitcoin stolen from Binance moved to seven BTC addresses
The attackers that stole over $41 million in Bitcoin from Binance have been erratically moving the funds from one address to another. However, as of May 9th, all of the funds have been consolidated into just seven addresses, each one holding around 1,000 bitcoins. Bitcoin stolen in Binance hack moved to new addresses Related: World’s Biggest Crypto…
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Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate
[youtube https://www.youtube.com/watch?v=5SJm2ep3X_M&w=560&h=349] There’s over $100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef has pledged $100K in addition to Roger Ver’s…
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Markets Update: Crypto Prices Show Strong Recovery After Binance Loss
Cryptocurrency markets are doing much better the day after the digital asset exchange Binance lost roughly 7,000 BTC ($40 million). Immediately after the trading platform officially announced the multi-million dollar loss, the cryptoconomy shed billions but since then most digital assets have recovered and markets are doing surprisingly well. Also read: $500K of BCH Shuffled…
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Major Players Discuss BTC Rollback Following Exchange Hack
The idea of rolling back the clock on cryptocurrency transactions to reverse a situation people are unhappy with is highly contentious. As such, many were shocked to hear that a number of major players in the industry had even discussed a rollback of BTC following the Binance exchange hack. Also Read: Keys4coins Lets You Buy…