Tag Archives: AA News

According to recent reports, the infamous hacking organization, Lazarus Group, is stepping up its efforts to steal cryptocurrencies.The group with alleged involvement with the North Korean government is using the current global economic difficulties prompted by the COVID-19 pandemic to increase its profits from cybercrime activities.Lazarus Targets Your CryptoThe notorious hacking group has been primarily focused on cyber heists involving digital assets, according to a recent report. More...

The insurance fund of Binance which protects its users from auto-deleverage liquidations on the Binance Futures platform used more than $13 million following the most recent crash in Bitcoin’s price. The exchange has stated that it intends to add $30 million more to the fund in order to keep protecting its traders.$13 Million To Protect Users In Recent Bitcoin Price CrashBinance Futures continues to establish itself as a leading platform for Bitcoin and cryptocurrency derivatives trading.Its...

New data comparing Bitcoin’s fundamentals now and around the second halving in 2016 demonstrates the immense growth of the network.Double, triple, and even quadruple-digit increases are evident in almost all areas, including the number of BTC addresses, the hashrate, and the daily transaction volume.2016 Vs. 2020 Bitcoin AddressesWhile most members of the community are focused on the volatile price movements around the halvings, new information compiled by GlassNode takes a thorough look at...

Bitcoin’s halving is estimated to take place in less than a day, and transaction fees are surging. This is indicative of users willing to pay a premium for their transactions to be prioritized and also of the increased number of unconfirmed transactions.Bitcoin Transaction Fees Above $3Transaction fees on Bitcoin’s network have been increasing in the past few days as the halving is estimated to take place in less than 24 hours.According to data from Bitinfocharts, on Friday, May 8th, the...

The leading US-based cryptocurrency exchange, Coinbase, reportedly experienced issues again as Bitcoin’s price suddenly dropped, losing around 20% quickly. This isn’t the first time the exchange goes down amid sudden movements of the kind. Coinbase Goes Down As Bitcoin Price PlummetsBitcoin is known to be volatile. What is more, when there’s volatility, it usually takes place in sudden bursts rather than prolonged trading sessions. In March, the price lost around 40% in just a few...

With only two days left to the third halving, severe levels of volatility reached the cryptocurrency market, and Bitcoin plunged by 20% in a matter of hours.Similar price developments transpired back in July 2016 when, again, two days before the second halving, BTC dropped by 11%.History On Track In 2016 and 2020As CryptoPotato reported earlier today, the primary cryptocurrency, and most of the market, nosedived. After the recent impressive surge and touching the psychological level of...

Bitcoin crashed 10% in 30 minutes, and almost 20% over the past hours, plunging below $8000 on some exchanges. Just two days before the anticipated Bitcoin halving event and no more than 48 hours after touching the $10K mark, a classic “sell the news” dump had initiated.As of writing these lines, the price of Bitcoin corrected a bit and currently trading around $8500, which is a 12% drop over the past 24 hours. While Bitcoin’s current daily low on Bitstamp was $8117, Binance Futures platform...

The first website that claimed Bitcoin was dead ten years ago does not function anymore. Over the years, the primary cryptocurrency has attracted lots of pessimism, criticism, and doubt on itself but is now officially outliving some of the non-believers.The First “BTC Is Dead” Website DiesFor over a decade of existence, Bitcoin has seen a fair share of negativism going its way. The naysayers grew fast, primarily in the early stages.Interestingly, this rising number led to the emergence of a...

According to a recent report, a group of international campaigners and campaign groups claiming to work to tackle sexual exploitation have contacted numerous credit card companies to block payments to adult websites.If successful, this could raise the case for cryptocurrencies to replace credit and debit cards, and to serve as payment options.Credit Card Companies To Block Porn Sites?Per the BBC report from yesterday, more than ten campaigners and campaign groups have signed and sent a letter...

Tether is not slowing down in its USDT printing spree. The amount of tokens the stablecoin issuer has minted within the last week now equals what it printed in the first half of April.Tether Prints 480 Million USDT In 5 DaysRecords from Whale Alert suggest that the Tether Treasury has printed five batches of fresh tokens in the last five days, totaling 480 million USDT ($480.4 million), which was the same amount with what was minted within the first 14 days of the previous month.In a previous...