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  • Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery

    According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum computer. This would be a significant achievement, as RSA encryption is widely used in current security practices. However, a number of experts, computer scientists, and cryptographers do not believe the researchers have made a significant

  • Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%

    The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank. Alan Lane, the CEO of Silvergate, denied allegations that

  • Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

    The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans

  • MEXC 2022 Recap: Futures Business Grows by 1200% and Exceeds 10 Million Users

    Recently, the cryptocurrency trading platform MEXC released two retrospective articles: Major Events in Cryptocurrency Market 2022,Which Affected You the Most? Blog-Top 10 Highlights of MEXC 2022, which respectively reviewed the cryptocurrency market in 2022 and the development of MEXC in one year. 2022 is the most dramatic year for the crypto industry. It has experienced

  • BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration

    After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and

  • Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains

    Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was mostly higher, as it rose to a multi-week high. Monero (XMR) Monero (XMR) surged

  • BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues

    According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion, going from $21.84 billion to its current level of $16.77 billion. Stablecoin

  • Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets Await Nonfarm Payrolls Report

    Ethereum was marginally lower on Dec. 6, as markets prepared for this afternoon’s nonfarm payrolls report. December’s report is set to show an addition of 200,000 jobs to the U.S. economy, which would be down from November’s figure of 263,000. Bitcoin was also slightly down ahead of the release. Bitcoin Bitcoin (BTC) continued to hover

  • US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year

    The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any other country, while Australia tops the chart in terms of new installations. 2022 Ends

  • Undeads Metaverse: Security Audit Completed by Certik

    PRESS RELEASE. Dubai, UNITED ARAB EMIRATES, January 2023, Undeads Metaverse announces the completion of its smart contracts’ security audit conducted by Certik, which included a comprehensive multi-level assessment of Undeads Metaverse in-game smart contracts and product functionality. The focus of the audit was to verify that the smart contract system is secure, resilient and working

  • NFP payrolls news and its impact on Bitcoin price

    Bitcoin price has been in a consolidation phase in the past few weeks. The US will publish the latest non-farm payrolls (NFP) data. Strong jobs numbers will be bearish for BTC. Bitcoin price has been in a tight range in the past few months. BTC/USD has remained between last month’s low of about 16,285 and The post NFP payrolls news and its impact on Bitcoin price appeared first on CoinJournal.

  • 73% less Bitcoin millionaires than a year ago, as crypto losses top $2 trillion in torrid 2022

    Key Takeaways Cryptocurrency industry was valued close to $3 trillion entering 2022, now it is $800 billion  There are 73% less Bitcoin millionaires after 2022 Bitcoin has pulled back 75% from its all-time high fo close to $69,000 25% of the bitcoin supply was in a loss entering the year, now it is over 50% The post 73% less Bitcoin millionaires than a year ago, as crypto losses top $2 trillion in torrid 2022 appeared first on CoinJournal.

  • Bitcoin remains close to $17k after FOMC minutes release: Will BTC rally soon?

    Bitcoin price steadied above $16,800 as US Federal Reserve officials agreed to slow its pace of interest rate hikes. The latest FOMC minutes indicate that US policymakers are focused on controlling the pace of price hikes. Bitcoin could surge past the $17k resistance level soon. BTC eyes the $17k resistance level The United States Federal The post Bitcoin remains close to $17k after FOMC minutes release: Will BTC rally soon? appeared first on CoinJournal.

  • Over $8 trillion was transferred via the Bitcoin blockchain in 2022

    CoinMetrics data shows the Bitcoin blockchain registered over $8 trillion worth of transfers in 2022. According to the data, the total amount transferred via the blockchain fell off in the second half of the year. Bitcoin also saw an increase in blockchain size and hashrate, with 16% and 56% annual growth rates respectively. Bitcoin continues The post Over $8 trillion was transferred via the Bitcoin blockchain in 2022 appeared first on CoinJournal.

  • Will Bitcoin bounce back? Why 2022’s pain is different to anything previously

    Key Takeaways Bitcoin has closed the year down 64%, its worst year since 2018 This bear market is different, as for the first time ever in Bitcoin’s existence, the wider economy is also pulling back Bitcoin’s correlation with the stock market is extremely high, proving it trades like a high-risk asset Fans will hope this The post Will Bitcoin bounce back? Why 2022’s pain is different to anything previously appeared first on CoinJournal.

  • Jasmy price prediction as Japan’s Bitcoin surges

    Jasmy price has jumped in the past four days. It has jumped by more than 40% from the lowest point in 2022. Jasmy price has had one of the best performances in 2022 as investors bought the dip in Japan’s Bitcoin. It has risen in the past five straight days and moved to the highest level The post Jasmy price prediction as Japan’s Bitcoin surges appeared first on CoinJournal.

  • One of the original Bitcoin core developers losses all his BTC in hack

    Bitcoin OG and core developer, Dashjr, claimed virtually all his bitcoins were stolen. The hackers accessed the developer’s PGP key. On November 17, 2022, Dashjr, noted his server had been compromised. A Bitcoin OG and one of the original Bitcoin’s core developers, Luke Dashjr, has claimed that he virtually lost all his bitcoins after his Pretty The post One of the original Bitcoin core developers losses all his BTC in hack appeared first on CoinJournal.

  • Bitcoin (BTC) Price Slides as Inflation Is Going Up – Here’s Why Crypto New Projects Like Metacade (MCADE) Could Surge

    Real-world economic performance undeniably impacts global cryptocurrency markets, with Bitcoin (BTC), the biggest crypto asset by market capitalization, proving an excellent guide to the health of the crypto industry. Recent increases in inflation worldwide, but particularly in the US, have seen the value of Bitcoin slide during the second half of 2022 as the global The post Bitcoin (BTC) Price Slides as Inflation Is Going Up – Here’s Why Crypto New Projects Like Metacade (MCADE) Could Surge appeared first on CoinJournal.

  • Alameda liquidates millions worth of tokens for Bitcoin

    Alameda Research addresses sent millions worth of tokens to decentralised exchanges and crypto mixers on Wednesday. According to on-chain data, the tokens were swapped into USDT before being converted into Bitcoin. The Alameda wallets sprung into life a few days after FTX co-founder Sam Bankman-Fried was released on a $250 million bail. Crypto wallets linked The post Alameda liquidates millions worth of tokens for Bitcoin appeared first on CoinJournal.

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