Binance “Hack” Rumor Causes Crypto Panic (Don’t Panic)
Rumors of a Binance hack caused a flash crash in Bitcoin and other cryptos, but this is likely temporary given the facts about what occurred. We explain.
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
Rumors of a Binance hack caused a flash crash in Bitcoin and other cryptos, but this is likely temporary given the facts about what occurred. We explain.
Coinbase has announced a Coinbase Index Fund. This fund is weighted toward Bitcoin and Ethereum, but will track the performance of all coins on Coinbase now and in the future.
There is another rumor about XRP going on Coinbase. Rumor is the key word here. The last time this same exact rumor occurred XRP was pumped and dumped over it. Let’s not do that this time.
The Bitcoin Private snapshot occurred. The event had an unfortunate side effect of crashing the price of Zlcassic. However, the rest is good news.
So here is a crazy story. Craig Wright, who once claimed to be Satoshi (he might be), is being sued by the brother of a man who also might be Satoshi… for $10 Billion (representing 1.1 million Bitcoins).
The leading cryptocurrency exchange Poloniex is being acquired by the crypto-focused financial-services firm Circle. Circle is backed by Goldman Sachs and other investors.
There is a common crypto scam on Twitter where people pretend to be famous crypto people or entities and promise “free coins” if you send a coin to an address.
Segwit is now live on Coinbase/GDAX. That means a giant burden is about to be taken off of Bitcoin’s blockchain. That means quicker transactions and lower fees for Bitcoin!
The Waves platform is doing a Bitcoin Cash airdrop on February 22, 2018. To qualify for the airdrop, store Waves Community Tokens (WCT) on a waves wallet with the letters “B”, “C” and “H” in it.
There was a lot of skepticism over the Litecoin Cash fork (LCC). However, the fork ended up being real and the price of LCC has already hit $5.50 netting Litecoin (LTC) holders $55 per LTC held. Even as I write this the price is rising.
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