Crypto News

Bitcoin’s Tumble to $91K Evokes Thanksgiving ‘Massacre’ of 2020

The fall of 2020 was an exciting time for crypto, with bitcoin — after beginning the year around $7,000 and plunging to below $4,000 during the March Covid panic — in the middle of a rollicking bull market and appearing set to push through the $20,000 milestone.Mr. Market had a different idea though and as families began to get together for the U.S. Thanksgiving holiday, a wave of selling took place. Between East Coast Wednesday morning hours and the first football game early afternoon Thursday afternoon, bitcoin plunged from roughly $19,500 to $16,200, a decline of nearly 17%. The action was quickly dubbed the Thanksgiving Day Massacre.Exactly four years to the day later, bitcoin is seeing another swift decline after...

Missing ‘Crypto Queen’ Ruja Ignatova ‘May Be Hiding in Russia’

The source pointed to the OneCoin fraudster's potential links to the Kremlin, disgraced Ukrainian politicians, and the fate of her security advisor.Source link

Ethereum Opens Applications for Next Billion Fellowship Cohort 5

Ethereum is now accepting applications for the Next Billion Fellowship Cohort 5, a program designed to leverage blockchain technology for solving real-world challenges. (Read More)Source link

Record-Breaking $15.5 Million Bug Bounty Launched for Uniswap Version 4

The largest decentralized exchange (dex) platform by volume, Uniswap, has unveiled a $15.5 million bug bounty program. Reportedly, it is the largest bug bounty in decentralized finance (defi) history, aimed at ensuring the security of its upcoming version four (v4) protocol. The announcement follows the Ethereum Foundation’s Attackathon, highlighting a growing focus on blockchain security.Source link

Tether Is So Closely Linked to Cartels It Trades at a Discount in Mexico: Report

The reports say the situation is so dire that USDT trades at a discount in Mexico because knowledge that it comes from drug proceeds is widespread.Source link