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Crypto Whale’s $200 Million Short Triggers 8.5% Bitcoin Price Plunge

On June 30, according to a cryptocurrency trader, a single investor on Bitfinex placed a 20,000 BTC short order, betting more than $200 million that the bitcoin price would go down in the near term. Overnight, the bitcoin price fell from $11,900 to $10,765 as the valuation of the crypto market dropped by well over […]

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‘Bitcoin Time’ Moving Faster Than ‘Internet Time,’ Says Hashcash Inventor Adam Back

Adam Back — inventor of the hashcash PoW system — says that “bitcoin time” seems to be running faster than the “internet time” of the early dotcom era Source: https://cointelegraph.com/rss

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Amazon’s Fire TV Recast DVR box is $100 off today

If you've been considering a Fire TV Recast, now is the time to buy – the DVR is on sale for its lowest price ever. From today, the Recast is on sale for $129.99, a saving of $100. Source: engadget

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Billionaire Wall Street Titan Henry Kravis Places First-Ever Crypto Bet

Kohlberg Kravis Roberts (KKR) Co-Founder Henry Kravis has decided to try his luck with cryptocurrencies. He follows in the steps of other finance hotshots such as Alan Howard, Louis Bacon, and Peter Thiel, who have all got involved in crypto. Joining the Ranks of Investor Legends Last year, CCN reported that Howard – co-founder of […]

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Bitfinex Hack New Twist: Two Arrested in Israel After $1.5M Moved

Cybersecurity experts weigh in on the Bitfinex hack after the latest arrests: “The attacks from hackers will only get worse” Source: https://cointelegraph.com/rss