The Ongoing NFT Heists: Will It Ever Stop?
At the start of the NFT boom in February, many predicted that as people purchased digital arts, there would be cases of piracy and theft. It wasn’t long before it began. Theft Of Artists’ Works As the NFT gold rush continued to surge in March, artist Derek Laufman woke up one day in the middle […]
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Crypto exchanges are hacked surprisingly often. A few of the biggest crypto heists that occurred in the past few years are discussed in this article. How to avoid cryptocurrency scams?One of the best ways to protect your crypto investment is to secure a wallet and do your own research about the projects in the market.Don't believe everything you're told. Instead, examine any claims made about investment, especially if they appear too good to be true or promise huge returns in a short period. Also, do not trust anyone who contacts you personally, whether a government official, a public....
Coinbase was recently in news for introducing Stop Loss feature on its exchange platform. Read further to know more about Stop Loss. Coinbase recently announced the integration of ‘Stop Order’ function which allows its users to trade bitcoin in a convenient fashion without having to deal with drastic price fluctuations. What Is a Stop Order and Why Is It Important? To begin with, a stop order is a feature that allows users to buy or sell any asset on a trading platform when the target asset’s value reaches a particular price point of choice. Stop orders are also known as stop-loss orders.....
A head and shoulders pattern is forming in the bitcoin price - here's how we're looking to trade it. In the introduction to yesterday’s analysis, we noted that we remained in a trade from Monday’s session and – as such – wouldn’t be getting in to any fresh trades before we were taken out of the ongoing entry – be it for a stop loss hit or a target take out. We had run down towards our target, but reversed short, and – at time of writing yesterday – were trading a lot closer to our stop than our target. As things turned out, we got taken out for a stop hit, and went into yesterday evening’s....
A former federal prosecutor says that the U.S. Securities and Exchange Commission (SEC) “will stop at nothing to control the entire crypto space.” The SEC has now threatened to sue the Nasdaq-listed crypto exchange Coinbase. The regulator is already in an ongoing lawsuit with Ripple Labs and its executives. SEC Going After Entire Crypto Space, Says Former Federal Prosecutor James K. Filan, a former federal prosecutor who served for nine years in the United States Attorney’s Office for the District of Connecticut, commented on the warning issued by the U.S. Securities....
Regulation has started to sweep the crypto market, starting with Bitcoin derivatives trading platform BitMEX being targeted by the CFTC and the DoJ. These US government agencies seek to put a stop to market manipulation, exchange hacks, and much more. However, there’s an ongoing Bitcoin wallet hack that regulators can’t do a darn thing about that has since stolen a total of $22 million in BTC and the number climbs with each passing day and […]