Tag: 127K

China Accuses US Over 127K Bitcoin Seized From LuBian Hack

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China’s national cyber defense agency has made big claims around the alleged role of the US in the multibillion-dollar hack of LuBian, once a major Chinese Bitcoin mining pool. The Chinese National Computer Virus Emergency Response Center (CVERC), a state-backed cyber defense agency, on Sunday published a technical analysis report on the 127,272 Bitcoin (BTC) stolen in the LuBian hack. Although the hack occurred in December 2020, it remained largely unknown to the public until recently, with Arkham reporting it in August as the “largest ever” Bitcoin hack. The CVERC’s…

Bitcoin price poised for breakout with $127k target if $106k cracks soon

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Bitcoin is consolidating just below a major resistance level at $106,433, with bullish momentum building. If this level breaks with strong volume, a push toward $127,600 could follow swiftly. Despite giving up all of its gains made over the past 24 hours, Bitcoin (BTC) remains within striking distance of its all-time high, showing strong signs of a bullish continuation. After months of climbing through higher highs and higher lows, BTC now faces one final technical hurdle at $106,433, a level that has acted as a ceiling for price action since…

Ethereum Whale Buys 127K ETH, Was It Justin Sun Again?

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Reports show that a new Ethereum (ETH) whale has been on a buying spree recently. This whale bought over $405 million worth of ETH since March 31 and is suspected to be Tron founder Justin Sun. Sun is also linked to another address that made massive ETH moves this year. A New Whale On The Horizon, Is It Justin Sun? The blockchain research platform Lookonchain revealed that a whale has gone on an Ethereum buying frenzy over the past few weeks. The newly created account started buying ETH from crypto…