Crypto News

Japanese crypto exchange DMM Bitcoin will shut down and transfer its accounts and assets to trading platform SBI VC Trade in March next year, it said in a statement on Dec. 2.The decision was made after the exchange suffered a hack in May. Hackers siphoned off over 4502.9 bitcoin (BTC), worth nearly $305 million at the time.DMM Bitcoin had restricted its services such as withdrawals and the acceptance of purchase orders for spot crypto assets since the loss of the funds, but acknowledged that allowing the situation to continue would impair its customers. “We sincerely apologize for the inconvenience caused over such a long period of time,” it said.Who was behind the theft is not clear – though fingers have...

Despite new collections, CryptoPunk NFTs hold a 40% market share, showing its enduring appeal among collectors.Source link

Bitcoin.com is excited to announce the launch of Instant Rewards, an innovative new feature in the Bitcoin.com Wallet app that transforms earning crypto into a fun, interactive process by completing everyday tasks. This latest addition empowers users to seamlessly integrate earning crypto into their daily routines. “Our Rewards Center provides much-needed incentive for people toSource link

Ethereum has recently been making waves for the right reasons, providing bullish cues to its native token, ether (ETH). Now, the cryptocurrency's price chart reveals a compelling pattern reminiscent of the set-up in bitcoin (BTC) before it chalked out a record rally last month.Ether's three-line break chart, which filters out day-to-day noise and erratic price movements, shows the cryptocurrency's eight-month corrective trend, characterized by lower highs and lower lows, has ended and the broader uptrend from the October 2023 lows near $1,500 has resumed.Such breakouts often trigger a bullish cascading effect on price by attracting new buyers and forcing out sellers that restricted price rallies during consolidation.Bitcoin witnessed a similar breakout in mid-October, signaling a rally to the then-record highs...

The name “Bitcoin,” unveiled by Satoshi Nakamoto in 2008, perfectly encapsulates the fusion of digital innovation and timeless value, solidifying its place as a financial and cultural icon. ‘Bitcoin’: A Name That Echoes Through Time The name “Bitcoin” was first introduced by Satoshi Nakamoto on Oct. 31, 2008, through the now-famous Bitcoin white paper. ThisSource link