Coinbases stock plummeted during extended trading on Tuesday following the release of the companys third-quarter earnings report. Data from the Nasdaq shows that COIN is down by 13.24% after hours, with the pre-market dump bringing the stock down to $310.58. Coinbases stock plummeted below $221 in July but embarked on an impressive rally in the past month, closing at $357.39…
Category: News
Electronics Outlet MediaMarkt Hit by Ransomware Attack Demanding $50M in Bitcoin
European electronics outlet MediaMarkt is reportedly investigating a Hive ransomware attack launched on Sunday evening, with the attackers demanding a multi-million-dollar ransom in Bitcoin. The attack has allegedly encrypted and blocked various key services of the retailer, including its ability to accept credit cards and accept returns in some stores. Online sales are reportedly unaffected. The attackers reportedly demanded $240…
Bitcoin has further to fall before BTC attacks $70K, says trader
Bitcoin (BTC) remains bullish but has “one more leg down” to complete before a resurgence, one trader argues. In analysis on Nov. 10, popular Twitter account Crypto Ed said that the pullback from this week’s all-time highs above $68,500 was turning out to be deeper than anticipated. Target $65,000 for Bitc “Going a bit deeper as I was expecting yesterday.…
Brave Browser to Integrate Solana Support – Bitcoin News
Brave, the company behind the Brave browser, has partnered with Solana to provide support for the blockchain directly from its browser. According to a press release, the Brave browser will now default to Solana for cross-chain and decentralized app support. Brave users, that are now in the millions, will have access to a Solana wallet within the app. This feature…
Zimbabwe minister signals CBDC interest amid Bitcoin adoption rumors
Zimbabwe’s Minister of Information publicly dismissed ongoing rumors about the country considering the adoption of cryptocurrencies and Bitcoin (BTC). Rather, Minister Monica Mutsvangwa clarified that the government of Zimbabwe is keen to experiment with a central banking digital currency (CBDC). The rumor about Zimbabwes crypto adoption was sparked based on numerous reports quoting Charles Wekwete, Permanent Secretary of the Presidents…
Bitcoin Suisse to enable Lightning Network payments
Bitcoin Suisse will use the Lightning Network to make Bitcoin (BTC) transactions both cheaper and faster. It will be the first cryptocurrency payment processor in Switzerland to integrate the technology, according to apress releasedated Tuesday. Armin Schmid, head of Bitcoin Suisse Pay, praised the decision, noting that Lightning transactions will play a significant role in scaling crypto apps and driving…
Huobi to halt services in Singapore after China exit
Huobi Global, one of the worlds largest cryptocurrency exchanges by trading volumes, is winding down operations in Singapore shortly after exiting China. Huobi will shut down accounts of all Singapore-based users by the end of March next year, the company officially announced late Tuesday. All Huobi clients based in Singapore should close active positions and withdraw their digital assets before…
Venezuelan Court Rolls Back Seizure of More Than 1,000 Bitcoin Miners – Bitcoin News
A Venezuelan court in the capital of the country has rolled back a seizure of more than 1,000 Bitcoin miners due to irregularities that occurred during the confiscation. According to court documents, the equipment that was seized was in the custody of a third-party company that was doing maintenance services. The court ordered Sunacrip, the national crypto watchdog, to retrieve…
DOGE-1 moon mission set for launch with SpaceX in early 2022
DOGE-1, the first crypto-funded mission to the moon, is set to launch early next year following a new partnership between two blockchain companies and manufacturer Geometric Energy Corporation, also known as GEC. Smart exchange ecosystem Unizen and DeFi incubator ZenX announced Wednesday that they are in the process of building and launching DOGE-1, a 40-kilogram roughly 88 pounds cubesat that…
‘The Unfair Advantage:’ Dune Actress Rebecca Ferguson Stars in Crypto-Centric TV Commercial – Bitcoin News
In recent times cryptocurrency platforms have been airing a number of commercials on television in order to entice a broader audience to get into cryptocurrencies. The digital currency community has witnessed crypto commercials starring the seven-time Super Bowl winner Tom Brady and his supermodel wife Gisele Bündchen, award-winning director Spike Lee, and the actor Matt Damon. Another commercial starring actress…