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Longterm bitcoin investors hold steady despite $2000 plunge

INVESTING

Saturday, 5 September, 2020 at 05:19 GMT
After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation.This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point...
North korean hackers have stolen about $2 billion from crypto exchanges

WARNINGS

Friday, 4 September, 2020 at 11:27 GMT
 The amount of illegal funds that have been acquired by North Korean fraudsters through series of illicit activities including hacking the networks of various cryptocurrency exchanges, automated teller machines, and other international financial institutions is estimated to be...
Kazakhstan looks to crypto mining with a $700m investment

INVESTING

Friday, 4 September, 2020 at 11:21 GMT
Kazakhstan is anticipating drawing in 300 billion tenges (around $715 million) worth of investments for its rising cryptographic money mining industry, as uncovered by the previous Minister for Digital Development, Innovation, and Aerospace Industry Askar Zhumagaliyev in a Senate...
South korea largest crypto exchange bithumb raided by police

WARNINGS

Wednesday, 2 September, 2020 at 18:53 GMT
South Korea largest crypto exchange Bithumb office in the Gangnam District according to reports has been raided by Seoul police over an investigation into fraud and embezzlement. ...
Crypto outlook september 2020

INDUSTRY

Tuesday, 1 September, 2020 at 07:37 GMT
Cryptocurrencies had a relatively muted month in August. In total, Bitcoin, Ethereum, and Ripple prices rose by 3.69%, 19%, and 12%, respectively. This was weaker than their performance in August, when the three currencies rose by 21%, 63%, and 64%, respectively. Other assets...

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