by Michael
Key TakeawaysSymbiosis watched billions in fake syBTC get minted, yet the hacker walked away with just $336,000.Symbiosis clawed back 15 BTC and put a 20% bounty on the table, with its Sept. 13 deadline looming.Liquid, Nomic and Symbiosis have now been burned by...
by Michael
Key TakeawaysBitcoin’s price sits near $76,400 to $76,700 over the last hour after Sept. 12’s wild $79,837-to-$76,040 swing.The daily chart’s 11 oscillators lean bearish, but 9 of 15 moving averages remain bullish.Bitcoin’s price needs to reach roughly $78,500 per...
by Michael
Key TakeawaysCyprus shut its banks for nearly two weeks during the 2013 crisis.The bailout converted 47.5% of uninsured Bank of Cyprus deposits into shares.Bitcoin climbed from about $47 in mid-March to roughly $265 in April 2013. Inside the Human Cost of Cyprus’...
by Michael
Key TakeawaysDirector Graham Stone discussed his new documentary on the 2013 Cyprus banking crisis with Bitcoin.com News.In 2013, EU bank bail-ins forced Cypriots to lose up to 50% of savings, driving adoption of non-custodial Bitcoin.Stone warns that post-2013 laws...
by Michael
From last Friday, bitcoin has moved lower, around -4% in total as of this Friday morning. U.S. equities closed lower every trading day so far this week, driven by rising oil prices, rising U.S. bond yields, and rising conflict in the Middle East. The longer term... Translate »