KuCoin has resumed full services for 176 out of the total 230 tradable assets to date. KuCoin cryptocurrency exchange has recovered the majority of funds lost in a $280 million hacking incident in September, a senior executive has said. Johnny Lyu, a co-founder and CEO at KuCoin, announced on Nov. 11 that the exchange has […]
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Ethereum, DeFi tokens, and altcoins capitalized on Bitcoin’s consolidation by rallying strongly in the past 48-hours. For the past two days, Bitcoin price has traded within the $14,800 to $15,500 range but the top-digital asset struggled to flip $15,500 to support. A positive is BTC continues to make higher lows and at the time of […]
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The recent surge in DeFi makes the industry is an attractive target for hackers. Cryptocurrency-related crimes have slowed down in 2020, but some sectors within the crypto industry have become a new hotbed for criminal activity, a new report says. Citing major crypto analytics firm CipherTrace, Reuters reported on Nov. 10 that total losses from crypto […]
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Bitcoin’s rally to $15.9K stole the limelight from DeFi tokens and decentralized exchanges but the tables could turn rapidly. Bitcoin’s long-waited bull run and the recent wave of corporate and institutional investors allocating significant portions of their reserves to Bitcoin (BTC) are all signs that the pace of crypto’s mainstreaming is rapidly accelerating: But has […]
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Optimistic blockchain predictions for next year may be accurate, but a lot of factors will have to fall into place. American market research company Forrester recently released its blockchain predictions for 2021. The report reveals interesting findings, noting that 2020 has been an important year for growth in the enterprise blockchain and distributed ledger technology […]
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Bitcoin’s new highs come amid lots of new money pouring in via stablecoins. According to Tether’s official transparency data, the USDT market cap crossed a $17 billion mark for the first time, hitting over $17 billion in total assets. Tether’s market cap has been growing exponentially in 2020. As of mid-September, Tether’s market cap saw […]
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The Ethereum community has been getting prepared ahead of the launch of ETH 2.0, with a record number of wallets now holding at least 32 ETH. Ethereum (ETH) has hit multiple records amid news that ETH 2.0 could launch as early as Dec 1, according to crypto analytics firm Glassnode. Today’s launch of the deposit […]
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Grayscale is on track to control 5% of the entire Bitcoin circulating supply by the end of 2021 with a record $215 million inflow last week. Grayscale’s Bitcoin (BTC) Trust is on track to reach 500,000 BTC by the end of 2020. Last week, Grayscale saw a record inflow of $215 million (15,907 BTC) that […]
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Research suggests that Bitcoin miners are holding less of the asset. A new report by on-chain analytics provider CoinMetrics suggests that miners’ considerable influence on the Bitcoin network is slowly diminishing. The research analyzed miner and pool addresses and spending in order to determine whether their influence over the network as a whole had changed […]
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The price of Bitcoin rose more than 2% in two hours as poll workers in US states began to count ballots. The price of Bitcoin (BTC) rose by more than 2% in two hours to briefly top $14,000 as the polls were starting to close across many U.S. states on Nov. 3. At the time […]
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