Coinbase’s Paul Grewal says “We screwed up and we are sorry.”, Kraken builds a custom environment for Kitboga to frustrate scammers, Milady memecoin surges 5,250% after Elon Musk tweet, all these and more in this week's Hodler’s Digest.
Bitcoinamid fears that a “head-and-shoulders” pattern would put bears ahead.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $26,100 on Bitstamp — its lowest since March 17. Despite encouraging macroeconomic conditions for risk assets, Bitcoin failed to capitalize on the potential for gains as bid liquidity headed lower. This “head-and-shoulders pattern” would create a negative precedent if confirmed. “We simply cannot let the #Bitcoin head and shoulders crowd win,” said pseudonymous financial commentator Tedtalksmacro, before adding that if Bitcoin climbs back above $27k things could get “very interesting.”have taken notice of the hype surrounding the Pepe memecoin
, resulting in scam attempts that now plague the crypto community. According to blockchain security firm PeckShield, at least 10 memecoin scams have been created over the past few days. The firm reported scam tokens that recently had their liquidity removed, rug-pulling investors. Fake Pepe claim sites are also starting to become increasingly common on Twitter.A sudden rise in Bitcoin transaction fees and unconfirmed transactionsabout a potential denial-of-service attack on the network.
to mismanagement of funds equaling 2,909 Ether. The funds had previously been stolen during a hack, but were later recovered thanks to white hats. Ruan, however, returned only a portion of the funds to the protocol treasury. ParaSpace employees have now taken full control of the protocol and are calling on Ruan to step down. The CEO denied any wrongdoing.Cryptocurrency trading addiction: What to look out for and how it is treated.
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