Crypto news

The hacks and exploits on DeFi projects continue, and the latest victim to fall is the decentralized exchange platform – DODO. The attack targeted several V2 Crowdpools, and the stolen amount could go as high as $3.8 million.DODO Victimized by HackersThe decentralized finance sector is no stranger to malicious attacks and harmful exploits. The decentralized exchange and liquidity provider DODO is the latest to join the growing number of victims.As the first complaints occurred on Twitter, the...

The SEC lawsuit against Ripple Labs continues to harm the payment processor as the company has officially ended its relationship with the international money transfer provider – MoneyGram. Nevertheless, Ripple hopes to revisit the relationship in the future, especially if it prevails against the Commission. CryptoPotato reported in late December 2020 that the US Securities and Exchange Commission brought charges against the blockchain-based payment processor and its executives for conducting...

ADA price corrected lower and found support near the $1.040 level against the US Dollar. The price is now consolidating above $1.100 support, but it is below the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1.1350 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.200 unless there is a close below $1.050. Cardano price is showing positive signs above $1.050...

Ethereum price found support near $1,280 and started a fresh increase against the US Dollar. ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours). There was a break a major bearish trend line with resistance near $1,550 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher towards the $1,920 and $2,000 resistance levels in the near term. Ethereum price is gaining pace from $1,300 against the US...

The journey bitcoin has taken has featured both ups and downs. Right now, the currency has been doing better than it ever has, having hit a new all-time high of roughly $57,000 per unit on February 21. This clearly outdoes the $19,000+ it reached in December more than three years ago. Bitcoin Is Stronger Than Ever However, it would be wrong to say that the currency isn’t still suffering a bit at the time of writing, as the asset is now trading for a mere $48,000, which...

The leading payment processor, PayPal, announced today that it has agreed to purchase the digital asset custody company, Curv. It said that it will complete the acquisition in the first quarter of the year.Rumors Confirmed True As PayPal Acquire CurvReports surfaced last week that PayPal was planning to acquire cryptocurrency security firm, Curv. There were no concrete evidence to buttress the claims, but the leading payment giants have now made it official via a press release today.The...

Not too long ago, Live Bitcoin News reported that as bitcoin surged, so did many stocks that were associated with various digital tokens and mining operations. At the time of writing, it seems like the world’s number one digital currency by market cap has been struggling to move past the $50,000 mark again. It is currently still stuck at $48,000 after several days, and there are quite a few crypto-based stocks that are now suffering because of it. The Bitcoin Price...

News has emerged that MicroStrategy has purchased even more bitcoin units. This would have otherwise been big news, but unfortunately, this little maneuver on the company’s part failed to make any sort of headway in the crypto space, and bitcoin is still trading for $48,000, which is where it’s been over the past few days. MicroStrategy Has Purchased More Bitcoins What does this mean, exactly? There are a few arguments one can make about this situation, the first being...

With the impending legal battle between the SEC and Ripple, the CEO of the payment processor said that XRP will endure even if the company doesn’t.Simultaneously, Jesse Powell, the CEO of the veteran US exchange, Kraken, believes that offering XRP trading carries “huge asymmetrical risk.”XRP Will Endure, Says Ripple CEOEver since the US Securities and Exchange Commission brought charges against Ripple for conducting an unregistered security offering, the company’s executives have tried to...

Dogecoin has become the center of attention of famous individuals once again. Mark Cuban said that his NBA team had become the largest DOGE merchant, Elon Musk made an electronic-god reference, while John McAfee used its growing popularity to defend his alleged pump and dump schemes.McAfee Touted DOGE Before MuskThe love story between the CEO of Tesla and SpaceX and the popular meme coin is well-known within the cryptocurrency space. Musk has outlined his support for the asset on multiple...