2019-5-8 10:13 |
Binance has suffered a $41 million theft from its hot wallet as hackers withdrew 7,074 BTC, but SAFU fund should cover losses.
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The past 24 hours have been extremely tumultuous for Binance, the largest Bitcoin (BTC) spot market per data from crypto startup Bitwise Asset Management. As NewsBTC reported on Tuesday in the wake of “unscheduled server maintenance,” the Malta-based cryptocurrency exchange was revealed to have lost 7,074 BTC, valued at $40 million, from its hot wallet.
2019-5-8 14:13 | |
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Token edges ahead of bitcoin and ether over seven days, though thinning participation keeps the move in consolidation territory.
Part one explained the physics of quantum computing. This piece explains the target — how bitcoin's encryption works, why a quantum algorithm breaks it, and what Google's paper changed about the timeline.
"[The] proposed changes are intended to stabilize price, dampen cyclicality, drive liquidity, and grow demand," said Executive Chairman Michael Saylor.
The project is also expanding its partnerships with Tinder, Zoom and Docusign.
Oil prices slumped as Trump said Iran committed to open the Strait of Hormuz and the U.S. plans to acquire that country's enriched uranium as part of a deal.
Bitcoin climbed above its 100-day moving average, while Strategy moves back above its 200-week trend level.
Hedera (HBAR) joined Stellar (XLM) as a top performer, rising 1.4% from Thursday.