Bitcoin is currently directionless – but the sea change is always around the corner. Back in 2015, BTC saw an unexpected pump where it broke above the $300 level for the first time. Halloween Pump Marks Historical Breakthrough In 2015, BTC broke its bounds and reached prices above $300 in what became known as the Halloween pump. Four years ago exactly, Bitcoin went through what I will always remember very fondly as the “Halloween Pump”.
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The news of the Binance hack left the cryptocurrency industry rattled. Although, it turns out that a massive $40 million’s worth of BTC doesn’t even register this heist among the worst. Check out the five biggest exchange hacks in crypto history. The 5 Biggest Exchange Hacks in Crypto As you can see from the above image, the Binance hack comes in a measly sixth place. There’s no doubt that the world’s biggest cryptocurrency exchange will
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The Coinrail hack of June 10, 2018, led to the theft of more than $40 million in cryptocurrency. Although not one of the more prominent exchange platforms, the Coinrail hack is yet another reminder of the tenuous nature of the emerging digital currency landscape. More Hacking Incidents in 2018 According to CryptoAware, more than $670 million was lost due to cryptocurrency hacks in the first quarter of 2018. This figure has risen to $1.1 billion
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Nobuaki Kobayashi, the infamous bitcoin whale, and the lead attorney for the Mt. Gox trust may be gearing up for another selloff. Another Round from the Tokyo Bitcoin Whale Kobayashi earned the moniker the “Tokyo bitcoin whale” when he sold $400 million worth of bitcoin and Bitcoin Cash from December 2017 to February 2018. The crypto sale is part of the efforts to pay off the credits of the defunct Mt. Gox bitcoin exchange that went
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