A South Korean cryptocurrency exchange apologized Saturday after accidentally transferring more than $40 billion worth of bitcoin to users, briefly sparking a selloff on the platform.Bithumb said it accidentally sent 620,000 bitcoins, currently worth more than $40 billion, and blocked trading and withdrawals for the 695 affected users within 35 minutes after the error occurred […]
Bitcoin extended its sharp sell-off on Saturday, falling 8.4% to $104,782, after US President Donald Trump escalated the trade war with China by imposing 100% tariffs on Chinese technology exports and export controls on “all critical software”. The announcement caused a record $19 billion loss in the cryptocurrency market, sending major tokens into a tailspin […]
Bitcoin slid on Tuesday to $ 110.186, with 4.3% decrease in the past week after he had briefly crossed $ 117,000 on Friday when FED chairman Jerome Powell hinted on a possible September rate reduction in his Jackson Hole address. Analysts probably see short -term risks, with further dips. “We see this as a healthy […]