BeInCrypto: Bitcoin’s Recent Drop Has Dr. Doom Calling ‘Crypto-Carnage’

SiliconANGLE: Ethereum research scientist arrested for blockchain presentation in North Korea

Monday, 02 December 2019 01:57

An Ethereum research scientist was arrested at Los Angeles International Airport Friday on allegations that he breached U.S. sanctions by attending a conference in North Korea and discussing blockchain technology. Virgil Griffith, 36, a resident of Singapore but a U.S. citizen, stands accused of speaking at the Pyongyang Blockchain and…

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BeInCrypto: $16M in Stolen Ethereum from Upbit Were Just Transferred

Thursday, 28 November 2019 18:15

Yesterday, the South Korean exchange Upbit was compromised and $50M of Ethereum (ETH) was reported stolen. $16.5M of that stolen ETH is on the move and has just been sent to another unknown wallet. The hackers responsible for stealing from Upbit appear to finally be dispersing their…

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Crypto Briefing: Bitcoin Makes an Impressive Recovery Following Dip Below $7,000

Wednesday, 27 November 2019 15:25

Bitcoin has once again fallen below $7,000 following reports of a hacking incident at the South Korean cryptocurrency exchange Upbit. Initially, the cryptocurrency market reacted harshly to the news with Litecoin and Ethereum falling to fresh multi-month trading lows. A powerful recovery was subsequently observed as BTC…

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ihodl: Dr.Doom: Ethereum's Fundamental Value is Zero

Wednesday, 27 November 2019 17:01

Roubini believes that ETH is worth negative given all the toxic externalities of energy waste and pollution that its mining generates.

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Crypto Briefing: Are CDPs the New CDOs?

Wednesday, 27 November 2019 21:28

DeFi Boom Becomes Dangerous as CDPs Trigger Memories of CDOs DeFi has become a flagship use case for blockchain technology. By offering asset management, borrowing, lending, and remittance services without intermediary parties, DeFi is moving to shake up the traditional financial services industry. However, the increasing popularization…

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8BTC: Bitcoin Price Made Unexpected Move Above $7,500 Despite Upbit Hack, Downtrend Over?

Thursday, 28 November 2019 07:12

Following the Upbit hack, bitcoin price made an unexpected sharp move in the opposite direction, jumping by $500 after an initial $200 drop, which lead to some voices that the crypto downtrend has come to an end. On November 27, 342,000 ETH (approximately $50 mln) were hacked…

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CryptoPotato: Bitcoin Price Surges $800 In 24-Hours, Major Altcoins Follow: Thursday Crypto Market Watch

Thursday, 28 November 2019 09:59

Bitcoin went on a wild ride in the past 24 hours. The cryptocurrency began the day trading at around $7,100 only to drop down to about $6,850 in a sudden move south. However, bulls took it from there, and the BTC price shot up to $7,660, which…

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CryptoVibes: An ‘Abnormal Withdrawal’ of $50 Million Pushes Bitcoin Below $7K, Upbit Says

Wednesday, 27 November 2019 12:28

Bitcoin plunged below $7,000 on November 27 amid fresh selling pressure that suddenly affected the already fragile markets. Data coming from Coin360 revealed that BTC abruptly plummeted into the $6,000 range after holding ground around $7,200. At the time of writing, a low of $6,860 saw a…

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BeInCrypto: Binance Commits to Freezing Stolen Upbit Funds After $50M Hack

Wednesday, 27 November 2019 12:30

South Korean cryptocurrency exchange Upbit has reportedly been hacked for around $50M worth of Ethereum (ETH). Binance and other exchanges have stepped up to stop the assets from being sold off. It has been reported that Upbit, one of the leading South Korean exchanges, has suffered a…

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