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KuCoin Exchange Announces Recovery of 84% of Stolen Funds.

Following a massive hack that occurred back in September, cryptocurrency exchange KuCoin announced that it retrieved 84 percent of the funds stolen from the platform. KuCoin Making Progress in Recovering Stolen Funds from September Hack In a tweet on Wednesday (November 11, 2020), KuCoin CEO and co-founder Johnny Lyu revealed that the team was ableRead MoreRead More. origin »

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Here’s Why Bitcoin’s Upside May Be “Capped” Relative to Ethereum.

Ethereum has been able to catch up to some of the gains posted by Bitcoin as of late, but it still has a long way to go before it breaks its trend of underperformance Yesterday, the cryptocurrency saw a swift rally past $460 that came about in the absence of any BTC movement This was a promising push higher, and it has yet to surrender much of these gains One analyst is now looking towards […] origin »

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Televend’s Complex System of Telegram Drug Bots Swell as German Police Seize 9 Telegram Drug Channels.

During the last few months following the departure of the infamous Empire darknet market (DNM), a great number of DNM users have been flocking to alternative vendors. More recently, a new bot service on Telegram called Televend has been attracting tens of thousands of users and the service has grown colossal since it was first […] The post Televend’s Complex System of Telegram Drug Bots Swell as German Police Seize 9 Telegram Drug Channels appeared first on Bitcoin News. origin »

Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector.

According to the country's central bank governor, Riad Salameh, Lebanon is set to debut its own Central Bank Digital Currency (CBDC) in 2021. Bloomberg, which reported on this development, cited a Lebanese state-run News Agency, noting that the Mediterranean island plans to make the paradigm shift due to transitioning to cashless networks and restoring confidence […] The post Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector first appeared on BitcoinExchangeGuide. origin »

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Bitcoin Enters “Chop Mode” as Analysts Eye Potential Consolidation Phase.

Bitcoin has yet to break above any key resistance levels over the past couple of weeks, with the resistance at $16,000 holding strong The selling pressure here has proven to be significant and has stopped the cryptocurrency’s immense uptrend right in its tracks Where the entire market trends next will likely depend on how Bitcoin trades as it nears this crucial level One prominent trader is stating that he expects Bitcoin to see further chop […] origin »

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Peter Brandt: XRP Is a Classic Example of a Security.

Peter Brandt, a professional commodities trader, has taken to Twitter on November 11, 2020 to declare that XRP is absolutely a security, and the U. S. Securities and Exchange Commission (SEC) would have since classified it as one if the regulators completely understood the workings of cryptos. origin »

BeamX Promises to Bring Privacy Capabilities to DeFi.

Beam, the crypto project utilizing Mimblewimble privacy tech, has announced the imminent launch of a confidential defi network called BeamX. Almost two years on from its mainnet launch, the privacy coin is moving into the defi sector to enable the creation of dApps that are user-friendly and privacy-centric, citing flaws inherent in the Ethereum ecosystem. […] origin »

Bitcoin is Trading at a Massive Premium on the CME; What This Could Mean.

Bitcoin’s price is now trading firmly above $16,000. This marks a notable technical breakout that could indicate significantly further upside is imminent in the near-term. This level has long been holding strong as resistance, with the selling pressure here catalyzing multiple potent rejections throughout the past few days and weeks. If buyers can flip this […] origin »

Binance Coin, IOTA, VeChain Price Analysis: 11 November.

Bitcoin rose to $15,610 and the Crypto Fear and Greed Index showed a greedy value of 86, in what has been a week of extreme bullish sentiment toward crypto. Binance Coin formed a pattern that could seThe post Binance Coin, IOTA, VeChain Price Analysis: 11 November appeared first on AMBCrypto. origin »

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DeFi Hacks Lead 2020 Crypto Crime Charts, Says CipherTrace.

While crypto heists have declined in 2020, the largely unregulated decentralized finance (DeFi) arena has seen an uptick in the activities of rogue actors. Crypto Crime on the Decline in 2020 According to cryptocurrency forensics firm CipherTrace, losses due to crypto-related criminal activity have seen a significant reduction in 2020. origin »

Litecoin, Tron, Algorand Price Analysis: 11 November.

Litecoin formed a bearish pattern and could be poised to drop lower while Tron registered slight gains in recent hours on a bounce off support. Algorand was retracing after a downward move, and a stroThe post Litecoin, Tron, Algorand Price Analysis: 11 November appeared first on AMBCrypto. origin »

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