JAPAN-BASED virtual currency exchange Coincheck said yesterday it will refund about US$400 million to customers after hackers stole hundreds of millions of dollars’ worth of digital assets. The company said it will use its own funds to reimburse about 46.3 billion yen to all 260,000 customers who lost their holdings of NEM, the 10th biggest cryptocurrency by market capitalization. On Friday, the company detected an “unauthorised ...
Bitcoin in danger of breaking confluence of support, important slope under pressure This morning we are seeing a sizable drop in cryptocurrency-land, with double-digit percentage declines taking place across the board. Bitcoin is in real danger of breaking critical support by way of a slope extending higher from May and horizontal levels. The slope dating back to May is viewed as rather significant given its influence on several occasions since, most recently in November. While ...
A Bitcoin mining company in Slovenia has been hacked for the possible theft of tens of millions of dollars, just days before the virtual currency, which hit a record above US$15,000 yesterday, is due to start trading on major US exchanges. NiceHash, a company that mines Bitcoins on behalf of customers, said it is investigating a security breach and will stop operating for 24 hours while it verifies how many bitcoins were taken. Research ...
Why is Litecoin surging? Is it simply following Bitcoin higher? Litecoin prices have risen sharply over the last month, climbing more than 100% since mid-September. more...
Introduction to Bitcoin for Traders and Investors