It is interesting to note that one of the primary reasons Bitcoin started was due to the financial crisis of 2008. The downfall of Lehman Brothers in September 2008 followed by the huge bailouts using taxpayers’ money has completely highlighted…
The Big Crypto Acquisition: Wall Street Backed-Circle Acquires Cryptocurrency Exchange Poloniex
Author – Sam Fintech startup Circle Internet Financial Ltd reported it acquired Cryptocurrency Exchange Poloniex the 14th largest crypto exchange by 24 hours trade volume. The acquisition makes it a close rival for the Coinbase one of the largest crypto…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
