Bitcoin Breaks Past $7,700 in Bullish Black Friday Surge Towards $8,000

Bitcoin Breaks Past $7,700 in Bullish Black Friday Surge Towards $8,000

The last few weeks have seen Bitcoin trade mostly downward. Now, however, Bitcoin appears to be in the midst of a bullish market movement once again. This comes on the heels of a seemingly market wide Black Friday rally for the crypto market. Bitcoin surges on the heels of “Black Friday rally” Bitcoin is currently … Continue reading Bitcoin Breaks Past $7,700 in Bullish Black Friday Surge Towards $8,000

Crypto Trading Platform Robinhood Withdraws Bank Charter Application After Regulatory Challenges

Crypto Trading Platform Robinhood Withdraws Bank Charter Application After Regulatory Challenges

The cryptocurrency and stock trading platform Robinhood appears to be putting its dreams of becoming a bank on ice. This is at least the case if one is to believe a recent report. Specifically, Robinhood is said to be voluntarily withdrawing its application for a bank charter. Is Robinhood canceling its bank plans? This news … Continue reading Crypto Trading Platform Robinhood Withdraws Bank Charter Application After Regulatory Challenges

Upbit Cryptocurrency Exchange Confirms Massive Ethereum Theft

Upbit Cryptocurrency Exchange Confirms Massive Ethereum Theft

The South Korean cryptocurrency exchange Upbit has recently seen a massive hack. Specifically, the exchange has notified users that a whopping 342,000 Ether have been stolen from the company’s hot wallet. $50 million worth of crypto stole from Upbit Furthermore, the CEO of Upbit’s operator - Dunamu - has since released an official statement. This … Continue reading Upbit Cryptocurrency Exchange Confirms Massive Ethereum Theft

Ex-Executive Reportedly Stole $22M from ”Influencer Firm”, Spent Half on Crypto Gambling

Ex-Executive Reportedly Stole $22M from ”Influencer Firm”, Spent Half on Crypto Gambling

Recent reports are alleging that a former executive may have stole around $22 million under the course of four years. Moreover, it is said that the man may have gone on to buy cryptocurrency and gamble for a significant portion of these funds. “Influencer” executive embezzles $22 million from employer Specifically, the man in question … Continue reading Ex-Executive Reportedly Stole $22M from ”Influencer Firm”, Spent Half on Crypto Gambling