QuadrigaCX Imitation Website May Have Stolen User Logins
A fake QuadrigaCX website that was put up in place of the original last month may have collected user logins, according to the law firm representation claimants. In a status update posted recently on their website, lawyers Miller Thomson said that the QuadrigaCX website was infiltrated in early February and an “imitation of the original website portal” had been put up in its place. This site may have collected user logins, resulting in Miller Thomson urging users who have logged in since February 9 to consider changing similar passwords and usernames for other sites.
BNY Mellon has released a report that has highlighted shifts in sentiment toward Bitcoin since the cryptocurrency’s creation and has suggested that it is on the way to matching silver and gold in terms of sentiment. In Blending Art & Science: Bitcoin Valuations, the BNY Mellon researchers attempted to “consider the value of alternative currencies such as Bitcoin” by looking at factors such as the mining process and its changing narrative over time, noting how it is now being compared to the function of precious metals.
Read the full article at FullyCrypto: https://fullycrypto.com/bny-mellon-examines-bitcoin-gold-relationship
Bitcoin’s attempts to topple its all time high appear to have been strangled just $176 from the peak. After hitting $19,490, Bitcoin couldn’t sustain its upward momentum and collapsed to $17,255 around 14 hours later. Is this the end of the bull run, or just another bump in the road to all time highs?
Read the full article at FullyCrypto: https://fullycrypto.com/bitcoin-drops-over-2200-after-failing-to-hit-all-time-high
Chainlink (LINK) enjoyed an extraordinary August, but the past five weeks have seen it retrace many of its huge gains. However, after such a retracement it has enjoyed a short term bounce to $10, with more possibly on the cards, and we outline the key levels to watch for those wanting to play LINK for the short term.
Read the full article at FullyCrypto: https://fullycrypto.com/link-rebounds-after-60-correction
Finding the killer project that will make you rich is the holy grail of every crypto investor, and as a result many of us turn to third parties for insight. Crypto YouTubers are followed by hundreds of thousands of crypto investors, and as a result carry a huge influence, especially over newcomers in the space.
Read the full article at FullyCrypto: https://fullycrypto.com/crypto-youtubers-2021-predictions-who-takes-1st-place
Just as many critics of cryptocurrency blow incredible amounts of hot air, so does cryptocurrency mining. Cryptocurrency mining equipment gets incredibly hot, creating huge amounts of hot air which is whisked away by cooling fans. The average cryptocurrency miner tries to expel this hot air as quickly as possible, but some have turned a waste product into something much more useful.
Read the full article at FullyCrypto: https://fullycrypto.com/cryptocurrency-miner-finds-novel-use-for-wasted-heat
Cryptocurrency users in the Netherlands face extra scrutiny of their actions thanks to a new set of requirements imposed by the Dutch Central Bank (DNB). The 1977 Sanction Act, which was introduced in order to try and crack down on the sending of money to sanctioned countries, has now been revised to include cryptocurrency. As such, those wishing to buy cryptocurrency through Dutch onramps will be asked why they want to buy it and where they plan to store it, with the DNB even requiring proof of ownership.
Read the full article at FullyCrypto: https://fullycrypto.com/dutch-cryptocurrency-users-face-strict-new-regulations
DOGE has enjoyed a monstrous 1,000% pump in the last two days, largely in part to the WallStreetBets (WSB) Reddit crowd who have turned their attention to the cryptocurrency following their efforts with traditional stocks. In a turn of events that made last year’s TikTok run seem like a warm up, the WSB gang sent DOGE stratospheric as they channeled their money (and their fury at the manipulators of the institutional markets) into the cryptocurrency.
Read the full article at FullyCrypto: https://fullycrypto.com/doge-pumps-1000-as-wallstreetbets-pets-the-damn-dog
Cryptocurrency exchanges have been the victims of hacks and attacks since the crypto world really came into the mainstream media. Millions of people around the globe use these exchanges on a daily basis, but many are still blissfully unaware of the risks associated with exchanges.
Read the full article at FullyCrypto: https://fullycrypto.com/kucoin-hack-highlights-importance-of-holding-your-own-keys
The Elon Musk Bitcoin pump last week got everyone talking about decentralized finance and cryptocurrency again, especially in light of the GameStop debacle, but one other side effect was the liquidation of millions of dollars worth of leveraged short positions. This was despite the general trend of Bitcoin being down and a short position being the more sensible option of the two, but it highlights the dangers of leverage trading, especially where Bitcoin is concerned.
Read the full article at FullyCrypto: https://fullycrypto.com/elon-musk-bitcoin-pump-highlights-leverage-trading-risks