bitcoin
Prominent Indian cryptocurrency exchange WazirX is the latest victim of an exploit. Reports suggest the exchange’s Multisig wallet on Ethereum has been compromised. On July 18, Web3 security firm Cyvers detected several suspicious transactions that moved $234.9 million of funds from the exchange’s wallet to a new address. Attacker starts dumping tokensFurther, the security firm noted that each of the transaction callers was funded by Tornado Cash, a decentralised privacy protocol. According to Etherescan data, the first transaction saw 4.1 Gnosis (GNO) moved to the exploiters’ address. The att...
Invezz
Core Scientific Inc (NASDAQ: CORZ) has recently been garnering a lot of attention from financial analysts. On Wednesday, Cantor Fitzgerald initiated coverage of the company, assigning an “overweight” rating with a compelling $20.00 price target. This suggests a substantial upside of nearly 71% from the current stock price, signaling strong confidence in the company’s future prospects. Concurrently, today B. Riley Securities upgraded their rating on Core Scientific from Neutral to Buy, driven by the company’s strategic expansion into high-performance computing (HPC) hosting. The upgrade by B. R...
Invezz
There has been a drop in the number of Bitcoin (BTC) holders. The trend observed over the past month comes as several analysts are expecting the flagship crypto to hit six figures. A July 18 post from analytics firm Santiment states that the number of wallets holding more than zero Bitcoin has dropped. Within a month’s time, 672,510 wallets have been liquidated. Institutions take overHowever, according to the analytics firm, “mass liquidations” such as these indicate a higher probability for “continued rebound.” Santiment believes traders are reluctant to enter the market at the time because t...
Invezz
Cipher, a prominent Bitcoin mining company that went public in 2021, is considering a potential sale after receiving a takeover bid. With a market capitalization exceeding $2 billion, Cipher is reportedly in discussions with advisors to evaluate this interest, though a final decision on whether to proceed with the sale has yet to be made. Following the news of the takeover bid, Cipher’s stock (CIFR) experienced significant volatility, surging to a high of $8.00 before settling at $6.56. Cipher’s expanding bitcoin mining operationsCipher’s recent operational upgrades have been noteworthy. In De...
Invezz
The cryptocurrency market is experiencing significant movements, with Bitcoin (BTC) hovering around $65,000 and Ripple (XRP) surging by 13% in the last 24 hours. This uptick comes amid positive inflows toward spot Bitcoin ETFs and the launch of the meme coin Poodlana on the Solana blockchain. BTC was up 1.34%, trading at $64,856, and XRP was up 12.63%, trading at $0.62 at the time of writing. Altcoin surge: XRP leads the packBitcoin’s latest price increase accelerated after a failed assassination attempt on U.S. presidential candidate Donald Trump. While Bitcoin’s recovery is notable, altcoins...
Invezz
Arthur Hayes, the former CEO of BitMEX, has unveiled a grant program for Bitcoin developers. The program is a part of the Maelstrom Fund, a family office fund. In a July 17 post on X, Hayes urged interested parties to apply, adding: As loyal followers of Lord Satoshi, we are doing our part to spread the word. Bitcoin devs get an independent source of fundingAccording to the official announcement, the program will help bolster Bitcoin’s “technical development,” with the primary goal being enhancing the network’s “resilience, scalability, censorship resistance, and privacy characteristics.” The ...
Invezz
Hermetica, a Bitcoin-based decentralized finance (DeFi) protocol, has made a significant advancement by deploying its BTC-backed synthetic dollar, USDh, directly on Bitcoin’s Layer 1 (L1) using the Runes protocol. This move marks a pivotal development in the Bitcoin DeFi landscape, offering a new way for Bitcoin holders to leverage their assets without moving to centralized exchanges (CEX) or relying on fiat-backed stablecoins on alternative chains. Bitcoin DeFi updateUSDh operates as a dollar-pegged stablecoin where each unit is redeemable for $1 worth of Bitcoin, effectively marrying the con...
Invezz
Kraken has confirmed receipt of Bitcoin (BTC) and Bitcoin Cash (BCH) from the Mt. Gox Trustee and pledges to distribute funds within 7-14 days, according to a recent email. “We have successfully received creditor funds (BTC and BCH) from the Mt. Gox Trustee. While we will work to distribute funds as quickly as possible, please anticipate 7-14 days for funds to be credited to your account,” the email reads. Mt. Gox has made huge Bitcoin transfers for its repayment planEarlier in the day, Mt. Gox executed a series of substantial Bitcoin transfers. According to blockchain analytical platform Arkh...
Invezz
On Tuesday, a judge at London’s High Court referred Craig Wright, an Australian computer scientist, who had claimed to have invented Bitcoin, to British prosecutors for alleged perjury. The judge concluded that he had “extensively and repeatedly” lied to substantiate his false claim. Wright had sought to establish himself as the original creator of Bitcoin, claiming intellectual property rights, including copyright ownership of the bitcoin white paper and initial versions of the bitcoin software. This development follows a damning ruling by London’s High Court judge, James Mellor, who found ov...
Invezz
Riot Platforms (NASDAQ: RIOT) stock price bounced back on Monday, joining other Bitcoin mining companies like Marathon Digital, Core Scientific, Cipher Mining, and CleanSpark. It soared to a high of $11.50, its highest point since April 25th. Bitcoin price reboundedRiot Platforms shares jumped because of the recent Bitcoin price action. After tumbling to a low of $53,700 earlier this month, Bitcoin has rebounded to the key resistance point at $65,000. There were a few catalysts for this movement. First, Germany has now concluded moving over 50,000 Bitcoins to exchanges, an important step in it...
Invezz
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら