The Ethereum Classic blockchain suffered a 51% attack Saturday evening, its third 51% attack this month, noticed by mining company Bitfly, which also spotted the first attack on Aug. 1. UPDATE (Aug. 29, 23:03 UTC): Added comment from ETC Cooperative in third bullet point. Source link
With Bitcoin breaking $10,000 for the third time this year and going on its maiden big-money move since the halving, prospects are high. Like all moves from four to five figures, this one was initially met with startling enthusiasm. However, given the market we’re in now, how long can the market sustain above $10,000? The …
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, plummeted below $2, their lowest after going public in November. The Nasdaq-listed stock has been steadily falling since the bitcoin halving on May 11, according to data from Yahoo Finance. It closed at $1.98 at the end of the trading session Monday, …
Bitcoin Miner Maker Canaan’s Stock Hits Record Low 1 Month After Halving Read More »
Brian Quintenz, the crypto-friendly commissioner at the Commodity and Futures Trading Commission (CFTC), will leave his post later this year following the completion of a five-year statutory term. Quintenz has a financial management background and founded investment firm Saeculum Capital Management in 2013. He was nominated by President Barack Obama to take the post of …
While bitcoin has climbed sharply from recent lows below $4,000, it’s still on track to end March with a double-digit price loss. The top cryptocurrency by market value is currently trading near $6,440, representing nearly a 68 percent rise from the low of $3,867 registered on March 13. Even so, prices are still down 24 …
Bitcoin’s Recent Recovery Won’t Salvage a Terrible Month for Prices Read More »