Possible Bitcoin price drop to $52K rises as BTC derivatives data shows traders losing hope

Officials shut down border checkpoints for 4 hours on Aug. 27. Government officials in Argentina are refusing to negotiate with a ransomware group that forced them to briefly close all immigration checkpoints on Aug. 27.According to a Sept. 6 report on Bleeping Computer, a group of Netwalker ransomware hackers breached Argentina's immigration agency, Dirección Nacional…

Polygon's chief of security says his department now employs 10 experts to ensure top-notch cyber security practices are adopted, recommending other crypto firms do the same. 67 Total views 3 Total shares Polygon Chief Security Officer Mudit Gupta has urged Web3 companies to hire traditional security experts to put an end to easily preventable hacks,…

Janet Yellen's position on a "compromise" amendment proposed yesterday is unclear, but she reportedly raised objections to the language on crypto put forth by Senators Wyden, Lummis, and Toomey. 454 Total views 114 Total shares On Wednesday of this week, several U.S. senators proposed an amendment to an infrastructure bill which would clarify language concerning…

The cryptocurrency and blockchain industry grew by leaps and bounds in 2020. The top two assets, Bitcoin (BTC) and Ether (ETH), gained 303% and 469%, respectively, which can be considered extraordinary in comparison with the 25% return of gold. While the precious metal is often considered a safe-haven asset, the two digital assets outperformed gold…

South Korea’s banking body wants crypto exchanges to be wary of the risks of being overexposed to altcoins. 2637 Total views 14 Total shares The Korea Federation of Banks has raised alarm over the increase in altcoin trading volumes across crypto exchanges in the country.According to a report by The Korea Herald on Monday, the…

The shadow fork, which is intended to test the next phase of Ethereum’s configuration, has no impact on the existing mainnet. 1014 Total views 39 Total shares Ethereum developers implemented the network’s first-ever “shadow fork” on Monday, marking an important milestone in the ongoing shift to a proof-of-stake (PoS) consensus. The shadow fork provides a venue…

The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin. 60 Total views 1 Total shares Algorithmic and high-frequency trading firm Jump Trading is seeking to have the class action lawsuit against the firm moved from Illinois to a Northern…

Slovakian cybersecurity firm ESET has reported some success in disrupting the workings of a previously undetected Monero-mining botnet in Latin America. 1092 Total views 29 Total shares Slovakian cybersecurity firm ESET has reported some success in disrupting the workings of a previously undetected Monero (XMR)-mining botnet in Latin America.In an announcement on April 23, ESET…

Saturday, Nov. 3: crypto markets have seen mixed signals over the day, with most of the top 20 cryptocurrencies by market cap experiencing. slight fluctuations. Bitcoin Cash (BCH) and Stellar (XLM) are seeing significant gains on the day of more than 3.5 percent, according to CoinMarketCap.Market visualization from Coin360Following a slight price rebound, Bitcoin (BTC)…