The biggest news this week has undoubtedly been the launch of Binance Chain, the new blockchain platform that will fuel Binance’s decentralized exchange (DEX) and other major initiatives. As a result of the news, Binance Coin (BNB) became the first large-cap cryptocurrency to hit new all-time highs on Friday, surpassing levels last seen during the […]
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Cryptopia Lost Almost a Tenth of Its Assets in January Hack
New Zealand cryptocurrency exchange Cryptopia has published a series of tweets detailing the extent of the losses it suffered during an attack by hackers in January. It said: “We have calculated that worst case 9.4 percent of our total holdings was stolen.”
Also read: 125-Year Old Swiss Bank Julius Baer Enters Cryptocurrency Market
‘Securing Individual Wallets’
The Christchurch-based exchange explained that it is “continuing to assess the impact incurred as a result of the hack,” but did not provide the value of the heist in dollar terms.
Cryptopia Calculates That 9.4 Percent of Assets Stolen in January Hack
The New Zealand-based crypto asset exchange Cryptopia has made their assessment of a January hack, claiming that up to 9.4 percent of all their assets were stolen.
In January 2019, the exchange went offline after publicly reporting a “major security breach,” which likely resulted in a theft of at least $ 3 million USD. Promising to involve several of the nation’s law enforcement agencies, Cryptopia’s announcement also stated that all of the exchange’s functionality and trading services would be suspended until further notice.
Report: Crypto Exchanges Saw Trading Volumes Plummet in January
The crypto winter that started toward the end of last year doesn’t appear to be showing signs of slowing down. Digital assets like bitcoin lost more than 80 percent of their value while the overall crypto market cap shrunk from over $ 600 billion in January 2018 to less than $ 138 billion in December 2018.
Now, blockchain and cryptocurrency research firm Diar has released a report that reveals a sizeable drop in crypto trade volumes in January 2019 for popular crypto exchanges Binance, Gemini, OKEx and Coinbase.
Privacy Coin Beam (BEAM) Has Rallied 90% Since Launching in January
The price of Beam (BEAM) is now up around 90% in the past month as investors and miners begin to warm up to the new Mimblewimble privacy coin. To read this article you must be a subscriber Members can login here. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed Premium members gain access to exclusive content that’s […]
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(+) Weekly Recap: Crypto Winter Continues as NEM Foundation Crumbles, Bitcoin Falls 7.6% in January
Crypto winter shows no signs of abating anytime soon. In the past week, bitcoin rounded out its sixth consecutive month in the red while the NEM Foundation suspended all projects and partnerships due to the sinking XEM price.
(+) Weekly Recap: Crypto Winter Continues as NEM Foundation Crumbles, Bitcoin Falls 7.6% in January by CCN
Crypto Exchange Tokens Outperform the Market in Bearish January
Despite investor sentiment dropping after the first major hack of 2019, tokens associated with crypto exchanges have outperformed the larger market in January. To read this article you must be a subscriber Members can login here. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed Premium members gain access to exclusive content that’s not available to the average reader, including […]
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Resident Evil 2’s “1-Shot” Demo Is Live Through the End of January
Resident Evil 2, widely considered one of the greatest horror games of all time, is back in full force after Capcom released a thirty minute “1-Shot” demo of the reimagined classic on Friday. Time is ticking down. You’ve got 30 minutes to play with in the Resident Evil 2 “1-Shot” Demo so grab it on […]
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Here’s What’s Coming to the Xbox Game Pass in January
Microsoft (MSFT) is starting off the year with a fresh batch of new games available on Xbox Game Pass, the subscription service that grants users access to a catalog of games from a range of publishers for a single monthly price. Start off the new year right with a fresh pocketful of dreams and a hard […]
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Here Are the Free Games Coming to PlayStation Plus in January
PlayStation (SNE) recently revealed the upcoming titles that will be made available for free on PlayStation Plus from January 1 to February 5. Steep and Portal Knights headline the PS Plus lineup for January 2019: https://t.co/Is7dQzFWnO And don’t forget: Warframe’s PS Plus Booster Pack III is available until January 15 pic.twitter.com/5D8hyW0VDQ — PlayStation (@PlayStation) December 26, 2018 […]
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Here’s Why Bitfinex Will Be Offline for up to 7 Hours on January 7
Bitfinex, one of the top crypto exchanges, announced Saturday that it will be offline for up to seven hours on January 7, as part of a scheduled data migration to its new dedicated bare-metal servers. On Monday 7th January 2019, Bitfinex will be offline between three to seven hours as we complete the final stage of […]
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Downturn or Not, Bitcoin Has Still Outperformed Apple Since Last January
In January of last year, the U.S. stock market went through one of the largest bull markets in recent history, with technology stocks like Alphabet and Apple achieving record high numbers. Within the past two years, the stock price of Apple (AAPL) increased from $ 115 to $ 165, by 43.7 percent. Alphabet (GOOGL), the parent company
The post Downturn or Not, Bitcoin Has Still Outperformed Apple Since Last January appeared first on CCN
Bakkt Delays Platform Launch; Announces January as Tentative Roll Out Date
Bakkt, an upcoming crypto retail payment system and futures platform, is delaying its launch to better ensure the platform’s success at release.
On November 20, 2018, the CEO of Bakkt released an update on Medium, outlining the future business plans for the company, describing some of the progress in implementing new features and declaring that the company’s initial launch is being postponed until January 24, 2019. According to CEO Kelly Loeffler, the delay is meant to give the project more time to make sure that the platform is operationally sound at launch.
North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017
North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. Also known as HIDDEN COBRA, which works at the behest of the North Korean government, the Lazarus Group has been responsible for some of the world’s largest cyber attacks including the Sony hack in 2014, the Wannacry ransomware outbreak, military espionage and a number of attacks on South Korean businesses.
Cardano (ADA) Loses 95% Of Its Value Since January ATH, Further Downside Unlikely
Cardano (ADA) has now lost 95% of its value since its all time high of January. The above weekly chart for ADA/BTC shows that Cardano (ADA) which until now has been trading in a pitchfork as well as a falling wedge is now at the end of its correction. RSI for the above chart has also been trading in a falling wedge and is now at the point of a break out as it has reached the full extent of its movement.
Coinbase Trading Drops 83% Since January, Offshore Cryptocurrency Exchanges Make Gains
Cryptocurrency exchange giant Coinbase might, as market research firm Bernstein recently said, be on the cusp of assembling an “unassailable” market share in the U.S., but that doesn’t mean that the San Francisco-based firm isn’t struggling to maintain consumer activity during the current downturn. Citing data from CoinApi, cryptoasset research firm Diar reports that USD-denominated
The post Coinbase Trading Drops 83% Since January, Offshore Cryptocurrency Exchanges Make Gains appeared first on CCN
FORTUNE Magazine January 2018 Bitcoin
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FORTUNE MAGAZINE January 2018 HOW HIGH WILL BITCOIN GO? All the Answers NEW
Bitcoin Magazine eBay auctions you should keep an eye on:
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FORTUNE MAGAZINE January 2018 HOW HIGH WILL BITCOIN GO? All the Answers NEW
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FORTUNE MAGAZINE January 2018 HOW HIGH WILL BITCOIN GO? All the Answers NEW
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