2020 has been one of BTC’s most volatile periods, but why do cryptocurrency exchanges keep crashing under high demand? Nobody can really predict Bitcoin’s (BTC) price volatility. But one thing is becoming painfully predictable when the price of Bitcoin suddenly lurches in one direction or another: One or more of the major cryptocurrency exchanges simply […]
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Blockfolio, one of the most popular cryptocurrency portfolio tracking applications, could be a highly desirable target for hackers’ attacks. As of April 22, there are approximately 5,400 cryptocurrencies being traded with a market value of $201 billion United States dollars. The 24-hour daily trading volume has recently been hovering around $100 billion, a key indicator […]
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As protests rage throughout the United States, this week’s biggest moves in crypto law were behind the scenes. Cointelegraph’s weekly newsletter on the latest in law, policy and regulation for the crypto and fintech industry. Editor’s note A lockdown spring is giving way to a protest summer in the U.S., and this will be an […]
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Bittrex and Poloniex have become embroiled in a class-action lawsuit that alleges USDT created out of thin air drove the 2017 bull run. The plaintiffs behind a class-action alleging that Bittrex and Tether drove the 2017 bull run through market manipulation have requested the issuance of summons to exchanges Bittrex and Poloniex. The lawsuit, first […]
Continue ReadingCheck out this week’s Bad Crypto News. It’s been a good week for Bitcoin. The halving doesn’t seem to have done the top cryptocurrency any harm at all, with the dollar value up more than 8 percent over the previous week. Ethereum is up more than 10 percent which just shows that the opportunity for […]
Continue ReadingSteem has completed a soft fork which sanctions the account that went rogue and sent 23.6 million STEEM to Bittrex in protest of a recent hard fork. Steem has executed a soft fork to restrict the rogue “community321” account from making transfers after the account sent nearly 24 million STEEM to Bittrex in protest of […]
Continue ReadingMessari adds 10 new exchanges to its ‘real volume’ metric and overhauls methodology. Crypto data and research platform Messari has added 10 new exchanges to its “real volume” metric as part of a revamp of the methodology. The ranking is an attempt to rank exchanges without including any wash trading — which came about following […]
Continue ReadingBittrex to carefully review the facts of a 24M STEEM transaction from an unknown Steem account, co-founder Richie Lai says. Soon after an unknown entity “rescued” $5.7 million worth of STEEM tokens from a “New Steem” hard fork seizure, Bittrex confirmed that the funds reached their account. The crypto exchange now faces a difficult decision […]
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Steem’s latest hard fork has been completed but almost $6 million of STEEM due for seizure was ‘rescued’ in a mysterious transaction to Bittrex exchange. As part of the long-running Steem drama, the Steem (STEEM) network experienced another fork today. Particularly designed to tackle “constant attack from malicious accounts,” the new hard fork doesn’t appear […]
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98% of liquidations on BitMEX yesterday were long positions, indicating over-exuberant pre-halving bullishness at $10,000. Yesterday’s sudden crash saw the price of Bitcoin (BTC) fall 14% from roughly $9,450 to $8,101 in less than 15 minutes. This appears to have shaken out over-exuberant margin traders who longed near $10,000 on heavy margin. According to market […]
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