Crypto news

The hacker managed to steal $6.2 million worth of BUSD, the Binance native USD-pegged stablecoin converted to ETH via 1inch DEX and partially withdrawn from Binance Smart Chain onto Ethereum. This hack was comparatively benign: only $6.2 million was stolen from Belt Finance’s massive $2.6 billion total value locked (TVL). The beltBUSD vault uses four strategies. A bug in the Elipsis strategy was used to leak out funds via the Venus strategy. The vault sends new deposits to...

This allows users to create trustless atomic swaps between the two cryptocurrencies without having to route through a centralized exchange service. Monero’s Privacy Mechanisms Monero’s ring signature system draws anonymity from a minimum ring size. Receivers are protected via stealth addresses, and funds within the ring are indistinguishable from each other. The minimum ring size is 11: given no other information, an attacker can identify the source of a transaction with a...

ETH/USD – Ether Trades In Short Term Symmetrical Triangle Key Support Levels: $2330, $2200, $2035. Key Resistance Levels: $2470, $2650, $2740. While Bitcoin rebounded to $40K and got rejected earlier this week, ETH topped reaching nearly $2900, where it hit resistance at a bearish .382 Fib. From there, the coin started to head lower over the past few days until finding support at around $2200 (.618 Fib) just a few hours ago. Looking at the following lower time frame chart,...

Following yet another day of high volatility in which the bears had initial control, bitcoin has recovered roughly $3,000 of value from the current 7-day low recorded on Saturday. The altcoins followed suit with similar dips as the market cap had lost about $200 billion at one point. Just like the weekend before, this ongoing weekend is not disappointing in terms of volatility and price fluctuations. Bitcoin Recovers From Yet Another Dip It’s safe to say that the primary...

Cryptocurrency-focused hedge funds have increased their assets under management by nearly 100% in 2020 compared to the previous year, estimated a recent report compiled by PwC. On average, the funds returned more than 120% in 2020, while the percentage was just 30% in 2019. Growing Involvement of Crypto Hedge Funds In their third annual Global Crypto Hedge Fund Report, PwC and the Alternative Investment Management Association (AIMA) reviewed the performance of actively...

KBC, one of the largest insurance and banking companies in Belgium, announced its plans to launch its own cryptocurrency, slightly changing its approach to digital assets. KBC Coin, the bank’s native cryptocurrency, would be a kind of reward token that would allow the bank to develop interaction strategies with its customers, promote its platform, and compel users to adopt its services. KBC Coin Is Almost Ready The bank shared the announcement during the presentation of the...

Der Beste Bitcoin-Service ever? So funktioniert Bitrefill! Ich hatte hier schon einige Artikel über den Bitcoin-Service Bitrefill geschrieben. Bitrefill ist für mich einer der genialsten Bitcoin-Dienste ever und die Funktionalität geht weit über ein herkömmliches Gutschein-Portal hinaus. Zudem ist Bitrefill nicht ‚just another Wallet-Service‘ oder irgendeine angehänge Debitkarte, welche viel verspricht aber dann doch nicht funktioniert....

We are back at it again, folks. The bitcoin-based exchange-traded fund (ETF) game is in play all over again in the United States as the Securities and Exchange Commission (SEC) is now reviewing bitcoin ETF applications submitted by companies such as Fidelity and Sky Bridge Capital, led by Anthony Scaramucci. There Are Still Questions Surrounding a Bitcoin ETF The big question is not whether these products are good or useful in some way, but rather if the SEC finally has...

BullishGlobal Peter Thiel gründet gemeinsam mit anderen Milliardenschweren Investoren eine neue Bitcoin-Börse. Dabei stellen Sie ein Startkapital von 10 Milliarden US Dollar zur Verfügung, und wollen damit die Marktführer Binance und Coinbase angreifen. Die neue Krypto Börse soll den Namen BullishGlobal tragen. Zu den Investoren zählen Christian Angermayer, Nomura, Mike...

Andrew Dawood started out as a simple flight attendant, but his savvy investing has made him a millionaire, and he has things like bitcoin and GameStop shares to thank. Andrew Dawood Is Reaching for the Top Born in Egypt, Dawood relocated to Dubai in the United Arab Emirates with about $50,000 to his name. A solid amount for someone so young, but he was ready to make his move and turn that small fortune into a big fortune. Naturally, he turned his attention to bitcoin,...