Most Coordinated Attack In Crypto History? What Led To $19 Billion In Losses ...
The biggest crypto market crash came and went over the weekend, but the effects still linger on. Bitcoin, Ethereum, and nearly every major digital asset suffered price crashes, and what began as a panic over former US President Donald Trump’s surprise 100% tariff announcement on Chinese tech exports soon spiraled into over $19 billion wiped from the crypto market. In the aftermath, some analysts and commentators began piecing together what might have really happened, and many now believe that the crash was not natural but a meticulously coordinated event. The Crash Was Too Synchronized To....
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Investors are contemplating what next following the market correction, which saw Bitcoin drop as low as $29k. Many pin the events of yesterday on FUD, whether Elon FUD, China FUD, or OCC FUD. However, an “insider” on anonymous board 4Chan claims it was a coordinated attack by an unnamed firm connected to the Chinese government. […]
Right about now, there’s a coordinated attack going on across crypto, but it isn’t targeting Bitcoin. It is targeting cryptocurrency industry journalists, who have little to gain from what they’re being accused of. The situation is yet another reason why crypto needs less mouthpieces like Elon Musk and others who add nothing but memes and […]
Solana’s daily GitHub submission has spiked after a recent DDoS attack. Solana — whose native crypto, SOL, is the fifth-largest cryptocurrency by market capitalization — is leading on-chain development charts despite a recent distributed denial-of-service (DDoS) attack.As per Santiment data, Solana surpassed the daily GitHub submission rates of Polkadot and Cardano to become the leading blockchain over the past month. The number of daily GitHub submissions for Solana reached 90 between Nov. 12 and Monday, followed by Polkadot at 76 and Cardano at 65.Daily GitHub submissions Bitcoin,....
"Traditional Crypto-Pump groups are being copied and legitimized by WallStreetBets," Jehan Chu, co-founder and managing partner at Kenetic Capital, told CoinDesk.
The Russian ban is a significant attack on Bitcoin and the Charlie Shrem arrest is just a side-show. When Russia warned against bitcoin this morning, just after the arrest of Charlie Shrem in New York yesterday, it would be easy to conclude that the Bitcoin war of 2014 had just gone nuclear. But the events are as different as night and day and although it feels like we are under coordinated attack by forces bigger then us, nothing could be further from the truth. The move by the Russian Central bank this morning is a clear attack against the ethical and free currency model defined by....