Bitcoin Takes A Beating: Mt. Gox Distribution Spooks Investors
Bitcoin, the alpha crypto, is having a difficulty with a mix of challenges that have eroded its early 2024 gains and shrouded its near-term future in uncertainty. The most recent worry stems from the long-awaited disbursement of Bitcoin by the defunct Mt. Gox exchange to creditors. This $8 billion windfall has investors on edge, fearing […]
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The crypto community has raised the alarm about an ongoing phishing scam targeting investors after scammers posing as crypto exchange Coinbase successfully drained nearly $2 million over the weekend. The scam is reportedly related to the CoinTracker security breach from 2022. Related Reading: Bitcoin Takes A Beating: Mt. Gox Distribution Spooks Investors $1.7 Million Drained […]
On-chain governance marks a significant turning point for Cardano, the proof-of-stake blockchain famed for its painstaking development process. By means of voting on suggestions, this creative mechanism enables ADA holders to directly shape the future of the platform. Related Reading: Bitcoin Takes A Beating: Mt. Gox Distribution Spooks Investors Voting For The Future Maintaining competitiveness […]
Bitcoin, Ethereum, and other major cryptocurrencies took a beating on Tuesday evening, amid a week that had been anticipated to be tumultuous for the larger crypto and world financial markets. After a week of sustained rallies across the majority of the virtual currency market, prices are falling and the overall market value has dropped below […]
On-chain data shows the Bitcoin exchange reserve has taken a further beating this March, and has now reached the lowest value since August 2018. Bitcoin Exchange Reserve Loses 96k BTC Over The Past Month As per the latest weekly report from Glassnode, the BTC exchange reserve lost around 96k BTC over the course of March. […]
Leading cryptocurrency bitcoin has been taking a beating after beating in the market. What this has resulted in is a continuous red market for the cryptocurrency. With its price now leaning dangerously close to breaking below $30,000 for the second time this week, it continues to strike fear in the hearts of investors. The digital […]