Crypto news

Another instance of bitcoin crime is in the books. This time, the culprit is potentially a Russian man named Egor Igorevich Kriuchkov who sought to pay the employee of a Nevada-based company $1 million in bitcoin to install malware onto the company’s network.Kriuchkov Is Currently Being Held to Await TrialKriuchkov entered the United States on a tourist visa and through a Russian passport. He initially met with the employee of the company several times before initiating the plan, according to...

The last couple of weeks have been nothing short of intense on the cryptocurrency market. For the first time since 2016, an altcoin flipped Bitcoin’s price as YFI traded above 1 BTC.Polkadot (DOT) is currently all the rage as all eyes are turned on the project and its native cryptocurrency. Data from CoinGecko suggests that it’s the most trending coin over the past seven days, followed closely by several DeFi coins such as Mantra DAO, YF Value, and YF Link.Polkadot (DOT) Dominates Recent...

BitcoinBitcoin saw a small 4% price drop this week as it headed into the $11,300 support (downside 1.272 Fib Extension). During the week, the coin broke beneath the August rising trend line. The bulls attempted to recover, but the previous support flipped into resistance and the buyers failed to overcome it.On Tuesday, Bitcoin plummeted by 6% from $11,770 to a low of $11,150 (.382 Fib Retracement). Luckily, the bulls pushed higher to close the daily candle above the $11,300 support (downside...

Mehr Klarheit im Schweizer Open Banking: Führende Initiativen spannen zusammen Bereits seit einigen Jahren existieren verschiedene Schweizer Initiativen mit dem Ziel, die Schnittstellen-Thematik zwischen Banken und Drittanbietern zu adressieren. Dabei sollen entsprechende bankfachliche Standards definiert werden, die entscheidend für nachhaltige Innovationen im Finanzsektor sind. Seit diesem Monat haben die beiden führenden Initiativen...

The leading decentralized exchange has recorded more volumes in August than it did in July.Uniswap saw more than $300 million in trading volume over the past 24 hours and $2.5 billion in the last seven days, according to data on Dune Analytics.Uniswap Spends The Most Gas FeeUniswap’s impressive volume is also putting smiles on Ethereum miners’ faces as they cash out more gas fees to process and verify transactions on the network.According to data on EthGasStation, transactions on Uniswap...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 958. Im heutigen Video geht’s um folgende Themen: Bitcoin auf 16k oder 9,6k & Wash-Trading-Verdacht: Razzia bei Bitcoin-Börse Coinbit 1.) Traders say Bitcoin now faces 2 main scenarios: $16K or $9.6K — Here’s whyhttps://cointelegraph.com/news/traders-say-bitcoin-now-faces-2-main-scenarios-16k-or-96k-heres-why 2.) Wash-Trading-Verdacht: Razzia bei Bitcoin-Börse...

Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at.Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap.Bitcoin Spikes And DropsAs CryptoPotato reported yesterday, the US Federal Reserve announced new plans to target inflation averaging 2% over time....

Centre Consortium members Circle and Coinbase have just launched an upgraded version of their popular USDC dollar-pegged stablecoin. Going live on August 27, USDC 2.0 aims to tackle high gas fees by allowing developers to delegate it to other wallets or take fees in USDC instead.Removing ETH From The PictureThe official announcement explained that most users need to keep a balance of Ether in their wallets to make transactions. It added that this resulted in unnecessary complexity:“This...

Bitcoin cash price started a major decline from well above the $300 level against the US Dollar.The price is currently trading well below the $280 level and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $272 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase if there is a clear break above the $272 and $275 levels.Bitcoin cash price is declining and it is trading in a bearish zone...

Money attracts money, and Barry Silbert, CEO of Digital Currency Group, knows it. His company has already established itself as one of the most influential corporations in the entire crypto ecosystem. Today, it announced a new venture that will expand its reach into a whole new frontier: the crypto mining industry.In a recently issued press release, DGC announced the creation of a new subsidiary focused on cryptocurrency mining. Foundry, a company quietly founded last year, has received $100...