Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it…
The “Bitcoin Bubble Index” strongly suggests that another local BTC price high will occur this year. According to new data, Bitcoin (BTC) is in the midst of a “double bubble” and will reach two price peaks this year. BTC Price Gears Up for the Second Peak The question of whether Bitcoin’s 2021 bull run will…
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is a form of temporary suspension, was granted after a Nigerian chief, Micheal Kaase Aondoakaa, filed the…
United Wholesale Mortgage CEO Mat Ishbia announced plans to accept cryptocurrency payments starting with Bitcoin this year during a conference call about the company’s second-quarter earnings. The Second Largest US Mortgage Lender will accept Cryptocurrency Payments United Wholesale Mortgage (UWM), the second-largest mortgage lender in the United States, plans to accept cryptocurrency payments starting with…
Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio. 3 in 4 Digital Currency Investors Have Profited…
Facebook’s Crypto Wallet Is Ready for the Market Facebook has been working on crypto for years. Now, it’s getting ready to release its stable coin wallet, Novi. Facebook Diem co-creator David Marcus announced today that Novi, Facebook’s crypto wallet, “is ready to come to market.” Novi (originally Calibra) finds itself limping into a very different…
