Crypto news

Months after suffering one of the worst hacks in crypto history, the popular exchange KuCoin has announced it had successfully recovered all stolen funds. The company’s CEO reassured that no customer has sustained any financial loss following the event.KuCoin Recovers Stolen FundsAs reported back in September 2020, a group of unknown attackers exploited the hot wallets belonging to the KuCoin exchange. While the initial estimations suggested that the stolen amount was at around $150 million,...

The world’s leading cryptocurrency exchange by trading volume, Binance, has launched a beta version of a contactless and borderless crypto payments product by the name of Binance Pay. The exchange will enable its users to send and receive crypto payments worldwide, similarly to PayPal.The Crypto PayPal?Presented earlier today by the company’s CEO, Changpeng Zhao, Binance will launch its latest product – the Binance Pay. Currently, in a beta stage.“Binance Pay is a basket product that we plan...

Tron price is holding the key $0.0324 and $0.0310 support levels against the US Dollar.TRX price is now facing hurdles near $0.0350, but it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.0330 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0350 resistance zone in the near term.TRON price is showing signs of a fresh break above $0.0350 against the US Dollar, while...

Although bitcoin has already existed for over a decade and grown to be one of the largest assets by market capitalization, new data reaffirms the narrative that it’s still early in its adoption phase. However, it expands fast as the number of users on the BTC network 12 years after its launch coincides with what the Internet used to be… in 1997.Bitcoin Vs. The Internet: Userbase EditionThe vast global network that connects computers worldwide, known as the Internet, is among the most notable...

Bitcoin price is slowly rising and it is trading above the $34,000 and $35,000 resistance levels against the US Dollar.The price is now just above the $36,000 level and well above the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $37,000 as long as there is no break below the $34,650 support.Bitcoin price is showing a few bullish...

The billionaire investor, Shark Tank personality, and Dallas Mavericks NBA team owner, Mark Cuban; took a few hours to share his knowledge in an AMA with members of the r/WallStreetBets subreddit. He touched on several topics, mostly relating to the collapse of the stock pumping movement and the blockchain industry’s potential.Mark Cuban may have several decades of Wall Street experience, but judging him for what he said on the AMA, he is currently standing on the side of the retail traders....

Coinbase – one of the largest cryptocurrency exchanges in the United States – can’t seem to handle it whenever there’s a major crypto rally. The exchange always seems to undergo technical problems and sometimes even experiences temporary shutdowns. As traders witnessed late last week, the recent bitcoin surge was no exception.Coinbase Loses Power… AgainCoinbase put out a message early Friday morning announcing that the company was experiencing technical problems that forced executives to...

Der Ethereum-Preis erreicht zum ersten Mal die Marke von 1'500 US-Dollar. Der Ethereum-Preis erreicht zum ersten Mal die Marke von 1’500 US-Dollar. Wenige Woche nachdem der Bitcoin-Preis ein neues Allzeithoch erreichte, zieht Ethereum also nach. Die Gründe dafür sind sicher, dass der Wechsel auf Ethereum 2.0 zu klappen scheint. Zudem ist die Ethereum Community nicht mehr so gespalten, wie noch vor einem Jahr. Nicht dass da Einigkeit...

The first consequence following the GameStop fiasco could be right behind the corner for one of the key players involved – Robinhood. The company has reportedly paused its IPO plans, while Robinhood’s Co-Founder, Vlad Tenev, will likely appear in front of the US Congress to testify on his firm’s controversial actions.Robinhood’s Tenev To Testify In Front Of Congress?The US-based financial services company Robinhood made the news in a rather unpleasant for the company’s way, following last...

The lawsuit between Ripple and the Securities and Exchange Commission (SEC) just keeps heating up. Ripple has now put in a request with the agency to view documents determining its decisions to allow both bitcoin and Ethereum to be exempt from securities statuses through what’s known as a “Freedom of Information” request.Ripple: What Makes Us So Unique, Huh?Here’s a little background on the situation. Ripple is being charged by the SEC for hosting an improper token sale back in 2013....