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After discovering a new security vulnerability, hackers managed to flood a crypto exchange with fake EOS tokens. By the end of their operation, they ended up stealing as much as $58,000 from the exchange’s users directly. New Hacking Attack Hits a “Decentralized” Exchange The hacking attacks of the...
A side effect of plummeting cryptocurrency prices is that crypto exchanges such as Binance, Bitfinex, OKEx, and many others are seeing trading volumes drop considerably, and with it, the revenue these companies derive from the trading fees associated with each transaction an investor makes. In an effort to...
Bitcoin short positions have been ranging near their all-time highs during the past month, signaling that traders are giving up hope that Bitcoin will maintain its current price of over $7,200. On September 1st, a notable 10,000 BTC short position was opened, bringing Bitcoin short positions back near...
The VeChainThor wallet has been released on July 9 and the X Node Binding Service is now available. When this service ends around mid-July, the token swap will begin for VeChain owners. “Chock Full of Features” The VeChainThor wallet has been released on the Apple App Store and...
A Washington-based law firm said today that the cryptocurrency Tether (USDT), which as its name suggests is pegged to the value of the U.S. dollar, holds enough U.S. dollar reserves to back all of its coins in circulation. The news couldn’t come at a better time. Just last...
New research out of the University of Texas alleges that the price of Bitcoin throughout its bull run in 2017 was being manipulated using Bitfinex’s Tether currency. Tether May Have Been Used to Prop Up Bitcoin A recently published paper by Professor John Griffin and graduate student Amin...
A Hong Kong-based cyptocurrency exchange briefly halted its services today due to a cyberattack, causing the platform to be under an extreme load. DDoS Attack Targets Bitfinex Bitfinex was the target of a DDoS, or distributed denial-of- service attack, earlier today. This occurs when a number of compromised...
The possibility of market manipulation within the cryptocurrency market is a constant concern for investors. While the intention is not clear, it has been found that 10 addresses are holding 496,735,539 EOS tokens, which are worth $5.86 billion and represent 49.67% of the existing one billion EOS tokens. 10...
Additional evidence is emerging to link the mysterious cryptocurrency exchange Bitfinex to the island of Puerto Rico. According to ‘people with knowledge of the matter,’ the company has been banking with the island’s Noble Bank International since last year. Bitfinex Linked to Noble Bank Again According to a...
Bitfinex, one of the world’s largest cryptocurrency exchanges, has added Stellar Lumens and Verge to its list of supported currencies. This follows recent news of new fiat pairs including British pounds GBP and Japanese Yen JPY. Bitfinex Adds Two Coins and More Trading Pairs Bitfinex now supports 56...
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