blockchain

The latest victim of ‘Pi miners’

The latest victim of ‘Pi miners’

A group of extremist Pi Network supporters attacked the Bybit exchange. Currently on the Google Play Store, the app's rating is only 2.7 stars. In the cryptocurrency world, CEO Ben Zhou of the Bybit exchange is one of the leaders who expressed the strongest opposition to Pi Network. He does not trust the project model and team. At the same time, he also called for not listing Pi because he was worried that it would harm those who do not fully understand the industry, especially the elderly customer group. It was Ben Zhou's contrary opinion that made him the target…
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Cryptocurrency Market Surges Over $300 Billion After Trump’s Decision

Cryptocurrency Market Surges Over $300 Billion After Trump’s Decision

The cryptocurrency market skyrocketed after U.S. President Donald Trump announced plans to include Bitcoin and other cryptocurrencies in the national strategic reserve. Bitcoin and many other cryptocurrencies have skyrocketed thanks to the move to put them into the national reserve fund by the administration of US President Donald Trump. Photo: Reuters. According to Reuters, on March 2 (U.S. time), President Trump revealed the names of three cryptocurrencies that will be included in the U.S. strategic reserve. Immediately after the announcement, the prices of these assets surged dramatically compared to the rest of the market. Trump stated that an executive order…
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Binance users want Pi network to be listed

Binance users want Pi network to be listed

The number of users supporting the listing of Pi Network overwhelmingly surpasses the opposing option. However, there is still a long way to go before the cryptocurrency appears on Binance. The vote on Pi on Binance has results. Photo: Carryssaa. A community survey conducted by the world's largest crypto exchange revealed that 86% of participants support Pi. This marks a significant step toward its integration into the platform. However, the nearly 300,000 votes are non-binding, and the final decision still rests with the exchange’s team. Nonetheless, this optimistic signal has contributed to Pi's recent price growth against market trends. The…
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Bybit Cryptocurrency Exchange Hacked for Nearly $1.5 Billion

Bybit Cryptocurrency Exchange Hacked for Nearly $1.5 Billion

Bybit, a leading cryptocurrency exchange, has reportedly suffered a major security breach, losing nearly $1.5 billion. Learn about the hack, its impact, and how users can protect their assets. The cryptocurrency world has been rocked by news that Bybit, one of the most popular crypto exchanges, has fallen victim to a massive security breach. Reports indicate that hackers have siphoned off nearly $1.5 billion in digital assets, making this one of the largest crypto heists in history. According to cybersecurity analysts, the breach was executed through exploiting vulnerabilities in Bybit’s security infrastructure. Initial findings suggest that hackers gained access to…
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Elon Musk’s Unusual Move with Bitcoin

Elon Musk’s Unusual Move with Bitcoin

Tesla transfers its entire $770 million Bitcoin holdings into unidentified wallets, sparking speculation that Elon Musk has decided to sell off all of this cryptocurrency. According to Arkham Intelligence, a company that tracks cryptocurrency data, an account linked to Tesla has transferred more than 11,500 Bitcoins into several wallets with unknown owners. Currently, Elon Musk's company's wallet holds only 6.65 Bitcoins – an amount deemed to be 'basically nothing.' Donald Trump and Elon Musk in Butler, Pennsylvania on May 5. Photo: AP Before transferring the Bitcoin, Tesla was the fourth-largest publicly traded company in the U.S. holding Bitcoin, according to…
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‘Satoshi-era’ Bitcoin whale wallet awakens

‘Satoshi-era’ Bitcoin whale wallet awakens

In a surprising turn of events, more than $3.5 million worth of Bitcoin from a whale wallet linked to the early "Satoshi era" has been transferred to a cryptocurrency exchange. The transfer is part of a larger $72 million Bitcoin block, causing widespread speculation among the cryptocurrency community. This wallet, inactive for several years, likely contains some of the earliest mined Bitcoins from the inception of the cryptocurrency. Photo: Cointelegraph. The term "Satoshi era" refers to the period when Bitcoin's mysterious creator, Satoshi Nakamoto, was still active in the development and promotion of the cryptocurrency. Wallets from this time have…
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Changpeng Zhao (CZ) Released from Prison

Changpeng Zhao (CZ) Released from Prison

In a surprising turn of events, Changpeng Zhao, commonly known as CZ, the founder and CEO of Binance, has been released from prison. Zhao, a pivotal figure in the cryptocurrency industry, was detained following regulatory investigations related to Binance’s operations. His release marks a critical juncture for both his career and the future of Binance, one of the world's largest cryptocurrency exchanges. CZ's legal troubles began when various global financial regulators scrutinized Binance for alleged violations, including operating without proper licenses and insufficient adherence to anti-money laundering (AML) rules. The detention of CZ sent shockwaves through the crypto community, raising…
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Meme coin KAMA named after Ms. Kamala Harris increased 1000%

Meme coin KAMA named after Ms. Kamala Harris increased 1000%

In an extraordinary development within the cryptocurrency market, the meme coin KAMA, named after U.S. Vice President Kamala Harris, skyrocketed by 1000%. This dramatic surge has captivated the attention of both investors and political enthusiasts, highlighting the unpredictable and often whimsical nature of the digital currency landscape. The rapid rise of KAMA underscores the power of social media and cultural trends in influencing financial markets, particularly within the burgeoning sector of meme coins. KAMA coin. Photo: Coingecko. KAMA's meteoric ascent began following a series of viral posts on social media platforms, where influencers and meme creators began to circulate humorous…
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Mt. Gox Shakes Up Crypto Market with Massive Bitcoin Transfer

Mt. Gox Shakes Up Crypto Market with Massive Bitcoin Transfer

In a move that sent shockwaves through the cryptocurrency world, Mt. Gox, the infamous defunct exchange, executed a series of transactions on July 16th that saw a staggering $9 billion worth of Bitcoin transferred in just three hours. This large-scale movement, following a period of inactivity, has sparked concern among investors and analysts alike, with the potential to impact Bitcoin's price stability. Illustration of how Mt.Gox's return could have a strong impact on Bitcoin price. Photo: Cointelegraph. According to data from Arkham Intelligence, Mt. Gox offloaded nearly 190,000 Bitcoin, totaling around $12 billion. The most significant portion, almost 96,000 Bitcoin…
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Bitcoin price has increased more than 9% since Donald Trump’s attempted assassination

Bitcoin price has increased more than 9% since Donald Trump’s attempted assassination

The world of cryptocurrency is often volatile, responding swiftly to global events and news. Recently, the price of Bitcoin surged by over 9% following an extraordinary and unsettling event: the attempted assassination of former U.S. President Donald Trump. This incident sent ripples through financial markets, but none felt the impact quite like the cryptocurrency sector, particularly Bitcoin. Trump always calls himself a cryptocurrency champion. Photo: Fox News. The attempted assassination of a high-profile figure such as Donald Trump not only shocked the political sphere but also introduced a wave of uncertainty across various markets. Historically, Bitcoin has often been viewed…
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