May 20, 2021

Colonial Pipeline Hackers Received $90M Worth of BTC in Ransom Payments

Elliptic (a British blockchain security & analytics company) successfully traced DarkSide’s primary Bitcoin address, which contained over $90M in payments from 47 different victims. Ransomware As a Service – a Twisted Model DarkSide designs, creates and markets ransomware software to be sold to other cybercriminals who are able to locate the best targets. This type...
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US Investors Now Have to Report Cryptocurrency Transactions Over $10K to the IRS

All transactions above $10,000 now have to be reported to the IRS for documentation and taxation purposes. This comes right after a major market-wide correction which saw the price of bitcoin tumbling down to $30K. IRS Doubles Down The IRS will be expanded with an $80B package aiming to increase their manpower and resources. Individuals...
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Australian Minister Urged Crypto Investors to Be Utterly Cautious

The Australian Financial Services Minister – Jane Hume – warned cryptocurrency investors to beware of the risks in the market. She sounded a note of caution to the public after the prices of most digital assets collapsed significantly yesterday. However, Hume outlined their future importance. ‘They Are Volatile And High-Risk Assets’ Following the recent bloodbath,...
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Pancake Bunny Exploit: $44 Million Stolen as BUNNY Token Crashed 99% in Seconds

Pancake Bunny, Binance Smart Chain’s largest yield aggregator service, has suffered a flash loan attack in which over $44M was stolen by an outside exploiter. Pancake Bunny’s underlying native token, BUNNY, crashed from $150 to $1 within seconds. Bunny Fam Today at 10:34 UTC, PancakeBunny was attacked with an economic exploit that crashed the price...
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Sportbet.one: a New Dawn in Decentralized Betting

[PRESS RELEASE – Please Read Disclaimer] Sportbet.one is a decentralized gambling platform built on the EOS blockchain. It offers a wide range of sporting events and casino games, allowing players to make bets and earn money hassle-free. With sportbet.one, players can easily withdraw earnings to any crypto exchange or wallet. Transparency, reliability, and simplicity are...
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Bitcoin Bull Run Still ‘In Tact’, According to SkyBridge Capital’s Anthony Scaramucci

Bitcoin’s 2021 bull cycle was paused, not entirely stopped, and will resume, opined the founder of SkyBridge Capital – Anthony Scaramucci. In a new interview, the former White House Communications Director addressed the recent environmental issues and called Bitcoin a fully robust monetary network. Yesterday’s market crash that saw bitcoin sliding by more than $10,000...
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Virtue Poker IDO On SuperStarter Kicks Off On May 28

[PRESS RELEASE – Ta’ Xbiex, Malta, 20th May 2021] Virtue Poker will commence its Initial DEX Offering (IDO) on SuperFarm’s new launchpad platform come May 28, 2021. The ConsenSys-backed poker platform is expanding its reach into the NFT space. By partnering with SuperFarm, there will be future joint initiatives to make this expansion successful. To...
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The Technical Details of Our Lot Size Change on XBTUSD Swap and XBT Futures

Today, we announced that we are changing the Lot Size, or minimum trading unit, on our popular XBTUSD Swap and XBT futures (XBTM21 and XBTU21) from 1 contract to 100 contracts, effective 04:30 UTC on 8 June 2021. We expect a 10-second pause in trading starting at 04:30 UTC on 8 June 2021 to apply...
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Important: Lot Size Change on XBTUSD Swap and Futures – Moving to 100 Contract Lot Size Effective 8 June

We are making it easier and more intuitive to trade on BitMEX by changing the Lot Size, or minimum trading unit, on our popular XBTUSD Swap and XBT futures (XBTM21 and XBTU21) from 1 contract to 100 contracts, effective 04:30 UTC on 8 June 2021.   We ask that traders adjust their positions, strategies, and...
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Another U-Turn: Guggenheim CIO Scott Minerd Calls Crypto ‘Tulip Mania’

Scott Minerd – Global Chief Investment Officer and Chairman of Guggenheim Partners – compared the recent crypto market collapse to the ”Tulipmania’ in the 17th century. His current stance came somewhat unexpectedly since not long ago, he predicted a price of $600,000 for Bitcoin. Crypto Is a ‘Tulipmania’ The recent crypto market crash created an...
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SafeComet Has Burnt Over 89% Of Tokens, Providing Unique Yield Opportunities

The decentralized finance (DeFi) ecosystem saw its fast bloom in the summer and autumn of 2020, with projects like Uniswap, Sushiswap, and Aave putting immense stress on the Ethereum blockchain, as these projects use it as a base for their operations. Advertisement Nowadays, with the introduction of Binance’s Smart Chain and its capabilities, the world...
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Dogecoin Pumps 20% as Elon Musk Teases $1 Per DOGE

The price of Dogecoin jumped by 20% in minutes after another pro-tweet from Tesla’s CEO – Elon Musk. The billionaire posted a rather intriguing tweet that included a one-dollar bill and DOGE. In his latest pro-DOGE initiative on social media, Musk posted a picture with a text reading “cyberviking.” In the background, though, there’s a...
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Craft Beer And Crypto, An Irresistible Combo Offered By BoozeMoon

With the advancements in the crypto sector, more and more businesses are trying to create a bridge between the world of crypto and traditional products and services. Advertisement BoozeMoon is bringing a craft beer experience with a crypto token twist. The company has established a partnership with a craft beer brewery in Germany, and token holders...
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Out of Order Block Validation with Utreexo Accumulators

Abstract: In this piece, BitMEX grantee Calvin Kim explains why the order in which blocks are validated does not matter under Utreexo. This is because the disk space savings make UTXO snapshots practical, which in turn allows for the parallelisation of the validation of the Bitcoin Blockchain. Calvin goes on to explain that one can...
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Moma Protocol to Conduct an IDO on Paid Ignition

[PRESS RELEASE – Singapore, Singapore, 20th May 2021] Moma Procotol announces that their initial DEX offering (IDO) partner will be Ignition, the launchpad of Paid Network. Led by serial blockchain entrepreneur, Ocean Liao, and a group of experienced developers from Fudan University, Moma Protocol is allowing anyone to create, manage and accelerate DeFi lending markets...
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An Ode to Zero Overloads (and Low Latency…)

We’re not saying that our engineering team relies solely on Crypto Twitter for guidance on prioritising platform development work, but it’s been impossible to ignore the ‘BitMEX Order Submission Error’ meme that has been posted pretty much every time we’ve put our heads above the parapet over the last few years. Being the first to...
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Unicrypt Introduces Network Decentralized Launchpad for Easier Project Presales

[Sponsored] As the DeFi space continues to boom, plenty of teams are looking to build sufficient infrastructure to accommodate the growing user base. In late 2020, a new crypto project Unicrypt was introduced into the crypto space. The idea behind the platform’s launch was to create a self-sustainable launchpad platform. This would help many upcoming...
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Bitcoin Price Back Again Above $40K, 30% Recovery In Less Than 24 Hours

The -50% Dump Was Little Different! Bitcoin price rally gained huge traction since the beginning of 2021 as it rose like a giant in no time. The BTC price trended sideways as the altcoins began to grow remarkably in the past couple of weeks.  Advertisement However, the black wednesday of May 2021, shook the entire...
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Analyst: Leveraged Liquidations Caused Market Crash, But Rebound Will Come

The fingers are pointing at Elon Musk, China, and even U.S. lawmakers, but the truth behind this week’s epic crypto market crash could be even simpler. A highly overheated market combined with billions in leveraged positions was poised to crack at some stage, and the avalanche created by cascaded liquidations appears to be what we...
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Bitcoin (BTC) $ 98,546.40 0.12%
Ethereum (ETH) $ 3,360.58 0.56%
Tether (USDT) $ 1.00 0.04%
Solana (SOL) $ 258.31 0.35%
BNB (BNB) $ 668.40 6.24%
XRP (XRP) $ 1.55 11.55%
Dogecoin (DOGE) $ 0.462481 17.82%
Cardano (ADA) $ 1.10 27.29%
USDC (USDC) $ 1.00 0.07%
Lido Staked Ether (STETH) $ 3,359.12 0.30%