Report: 11% Of All Bitcoins Is Held In Whale Addresses
Bitcoin’s total supply gets distributed among more addresses as its network matures over time. At the same time, some notable altcoins have up to 95% of their total supply held… Read more »
Category: Cryptocurrencies
Bitcoin Price Just Surged to $9,900: Is Upside Past $10,000 Possible?
Over the past 30 minutes, the crypto market has mounted a surprise recovery: Bitcoin, after flatlining around $9,650 for some 36 hours, surged higher just this hour, reaching as high… Read more »
Despite Network Outage, IOTA Investors Continue to “HODL”
IOTA recently had to shut down its network due to an attack on its official wallet, Trinity. Despite the significance of the outage, a recent poll suggests that investors will… Read more »
How the IRS Audits Cryptocurrency Tax Returns – Filing Expert Shares Example, Insights on AML Focus – Bitcoin News
Tax season is one of the most dreaded times of the year for many, and when the added confusion of filing crypto returns is thrown into to the mix, things… Read more »
Bitcoin Restarts Uptrend But Hers’s Why 100 SMA Holds Key For Fresh Highs
Bitcoin found a strong support near $9,330 and started a fresh increase against the US Dollar. However, BTC must settle above the 100 SMA (4-hours) for a sustained upward move…. Read more »
DeFi Project Claims bZx Witheld Info Tied to Exploit
1inch Exchange, the leading DEX aggregator in DeFi, accused bZx of withholding information on a bug that put $2.5 million of user funds at risk. bZx hit back, claiming they… Read more »
Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems – Bitcoin News
Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are… Read more »
Crypto Tidbits: Bitcoin Plunges to $9,500, $45m BCH SIM Swap, IRS Focused on Cryptocurrency
Another week, another round of Crypto Tidbits. Wow, the past seven days have been quite the trip for Bitcoin, to say the least. After peaking at $10,500 last week, the price… Read more »
Are the BZx Flash Loan Attacks Signaling the End of DeFi?
Earlier this week, the decentralized lending protocol bZx was exploited in back-to-back “flash loan” attacks. While the two exploits were distinct, the end results remained the same. In total, $954,000… Read more »
Bitcoin Dominance 6-Month Low Doesn’t Mean Price Is ‘Ultra-Bearish’
Bitcoin (BTC) continued trading in a narrow corridor on Feb. 22 as markets awaited fresh action after last week’s sudden 8% price drop. Cryptocurrency market daily overview. Source: Coin360 BTC… Read more »