Cryptocurrency news

Bitmart Crypto Exchange Loses $150m to Hackers

Bitmart Crypto Exchange Loses $150m to Hackers

Cayman Islands headquartered crypto exchange Bitmart confirmed overnight that hackers stole at least $150 million from its platform. In a memo to customers, the crypto exchange said that assets were taken from two “hot wallets,” one ho...

Bitcoin Price Plunges after Big Weekend Selloff

Bitcoin Price Plunges after Big Weekend Selloff

Bitcoin plummeted to a low of about $43,000 over the weekend. As recently as October, the world’s biggest cryptocurrency was trading at almost $69,000, with some analysts hoping it could breach $100,000 in the near future. This weekend&rsquo...

Bitcoin Takes a Hit as China Cracks Down on Crypto Mining

Bitcoin Takes a Hit as China Cracks Down on Crypto Mining

Authorities in China took a fresh swipe at crypto mining by calling the practice “extremely harmful.” Citing crypto mining as a threat to the country’s efforts to reduce carbon emissions, authorities have voiced concerns at the amou...

The Reasons Why Warren Buffett Views Cryptocurrencies as Poison

The Reasons Why Warren Buffett Views Cryptocurrencies as Poison

As cryptocurrencies continue to rise in value and popularity, with Bitcoin breaking the $66,000 mark on Wednesday, there is growing dislike of these currencies in the US and internationally. Indeed, no one detests cryptocurrencies like Warren Buffett...

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