Mt. Gox creditors reported hackers trying to log into their accounts multiple times, with the defunct exchange sending them notifications through numerous failed attempts. As the exchange began paying its creditors, cybercriminals focused on breaking into their accounts to siphon large sums of bitcoin and Bitcoin Cash. Reddit users on the r/mtgoxinsolvency subreddit posted their experiences, confused about what to do now that they experienced the hacking attempts. User u/ovkovk posted, “Just...
Read More »Bitcoin, Shiba Inu Trade at Steep Discount on WazirX after Hack
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »Bitcoin Price Could Be Eyeing 30% Rally and New ATH with This Trendline Breakout
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »Mt. Gox Transfers Billions, Causing BTC Price to Slump by 3%
The defunct exchange Mt. Gox transferred massive amounts of BTC to its internal wallets and an unknown wallet, forcing BTC’s price to drop below $63,000 on July 16, marking a 3% dip. BTC rallied close to $65,000 prior. With creditors awaiting repayments through chosen exchanges, Mt. Gox is seemingly preparing to transfer asset bulks to them, bifurcating funds in multiple wallets, according to data provided by Arkham Intelligence. Its main wallet observed transaction volumes of over 190,000...
Read More »Whales Bought the Highest Amount of Bitcoin in Thirty Days Since April 2023
Bitcoin whales accumulated around $4.3 billion over the past thirty days, buying the dip as the asset hit its lowest numbers in the past few months. A massive chunk of the billions was acquired during bitcoin’s lowest price point recorded in the past 30 days when it dipped below the $54,000 mark. The last time users bought such amounts of bitcoin was when multiple banks failed in the US in April 2023, pushing confidence in the leader of decentralized assets up tremendously. Now, it has...
Read More »Craig Wright Faces Potential Perjury Charges Over Satoshi Claims
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »US Spot BTC ETFs Recorded Largest Inflows This Week
US Spot BTC ETFs observed the largest net inflows this week on Friday, recording $310.21 million, according to SoSo Value data. It also marks the largest inflows recorded since June 5, as ETF investors began pulling out of their positions due to selling pressure induced by the German government moving tremendous amounts of bitcoin and Mt. Gox repayment anticipation. Despite bitcoin’s price dropping to prices lesser than what was seen last month, investors are returning to ETFs to buy the...
Read More »German Government Offloads the Last of Its Bitcoin Holdings
The German governmental agency Federal Criminal Police Office/Bundeskriminalamt (BKA) has moved all its bitcoin holdings, concluding numerous transactions that added selling pressure on the asset. Arkham Intelligence reveals that the BKA-labelled wallet presently holds 0 bitcoins. Arkham’s X account notified users about its final transaction, “The German Government just sent 3846.05 BTC ($223.81M) to Flow Traders and 139Po (likely institutional deposit/OTC service).” It held 50,000 bitcoins...
Read More »Fed Rate Cuts This Year Might Disappoint Bitcoin Bulls, Analysts Warn
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »Bitcoin Miner Northern Data Forecasts 3x Revenue in 2024 despite Falling BTC Rewards
Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Read More »