Crypto Currency

What Are the Hottest Digital Currency Projects in 2021

Hong Kong, China — (ReleaseWire) — 05/24/2021 — The field of digital currency is always expanding. There are over 4000 cryptocurrencies existing today. Let us examine the hottest digital currency projects in 2021.ATOM ATOM is a cryptocurrency that controls a set of interconnected blockchains made to scale and work with another system. This project was…

Hong Kong, China — (ReleaseWire) — 05/24/2021 — The field of digital currency is always expanding. There are over 4000 cryptocurrencies existing today. Let us examine the hottest digital currency projects in 2021.ATOM
ATOM is a cryptocurrency that controls a set of interconnected blockchains made to scale and work with another system. This project was launched in March 2019 through a first coin that offers ICO. Further, the internet of blockchains is designed to communicate with one another in a decentralized way. Apps and Services use Inter-Blockchain Communication (IBC) to connect. Therefore, it allows users to exchange data and assets freely across sovereign. Moreover, ATOM users can stake tokens to get more ATOM rewards and maintain the network.KSM
KSM is a network of distinct blockchain which is built by Substrate. This is a similar codebase to Polkadot cryptocurrency. This digital currency was founded in 2019 by Gavin Wood, a Co-founder of Polkadot. This project has a goal to discover and experiment with new opportunities while including Blockchain network and community. Furthermore, it is ideal for developers who wish to use Polkadot. KSM wallet allows Users to manage transfer and balance inquiries. You can purchase KSM from exchange platforms like Kucoin, Hotbit, and MXC.LPT
LPT is the first decentralized network to stream live video, founded in 2017. The project is becoming popular, seeing that users can participate in many ways. It has a goal to streamline the process of broadcasting by allowing producers to put work on the project, manage to reformat, share the content to users, and live places. Additionally, it offers uncensorable live journalism, auto-scaling video services,video-enabled DApps, and content consumption.1INCH
1INCH is a decentralized digital exchange that connects various DEXes in a singular platform. This allows users to get reliable exchanges on all platforms. It features a DEX aggregator allowing users to get the best process by eliminating manual checking, thus efficiency. DEX works by getting liquidity from diverse DExs. In December 2020, 1inch launched a 1inch governance token; thus, the platform began to be controlled by the decentralized autonomous organization.NKN
NKN is a decentralized public blockchain based on peer-to-peer networks to distribute internet connectivity and network bandwidth. It uses world addressing schemes that characterize public keys; hence it is safe. You can exchange NKN on platforms like Coinbase and Binance.ENJ
ENJ is a digital currency made with the Enjin platform and built on Etheazreum. It features integrated products that help users to develop, exchange, monetize as well market with blockchain. In addition, ENJ tools allow studios and game developers to use tokenized digital models to become part of strategies. Update frequency of currency on ZB.com
Crypto investors are always looking for new opportunities. This is why they love trading platforms with the highest update frequency of coins. ZB has an average update frequency of 3 coins per week. The hottest digital currency is carefully selected and then listed on ZB.com. If you are an active investor looking for a trading platform that lists the best currencies every week, ZB might be the best option for you. Where to buy?
ZB.com is a reliable digital trading platform that has provided services for years. It offers digital exchange services for crypto to crypto and crypto to fiat trading pairs. It has over 10 million users and has traded over $160B since 2013. The platform uses several technical security protection to create an efficient digital transaction network. ZB.com has the following features:?Low fees
?Wide range of cryptocurrency assets
?Fast to navigate and use
?High liquidity
?Advanced trading platform
?Great interfaces suitable for beginners and experienced
?24/7 customer services About Bctype
Bctype is a media dedicated to blockchain information and market analysis.For more information on this press release visit: http://www.releasewire.com/press-releases/what-are-the-hottest-digital-currency-projects-in-2021-1340124.htmMedia Relations ContactMiki JohnsonEmail: Click to Email Miki JohnsonWeb: https://www.bctype.com/
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Crypto Currency

Mega Crypto Shift? Fidelity Sells its Bitcoin Hoard without Fanfare

Key Takeaways: In the recent days, Fidelity sold about 332.42 million worth of Bitcoin. The action was undertaken when the price of BTC was experiencing a small dip, and now The post Mega Crypto Shift? Fidelity Sells its Bitcoin Hoard without Fanfare appeared first on CryptoNinjas…

Key Takeaways: In the recent days, Fidelity sold about 332.42 million worth of Bitcoin. The action was undertaken when the price of BTC was experiencing a small dip, and now
The post Mega Crypto Shift? Fidelity Sells its Bitcoin Hoard without Fanfare appeared first on CryptoNinjas…
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Crypto Currency

What You Can Build on Bitcoin Hyper — A Bitcoin-Backed Alternative to Solana Crypto Coins

The crypto market offers a wide range of new crypto projects for developers and investors. However, not all coins are the same, so choosing one that stands out from the The post What You Can Build on Bitcoin Hyper — A Bitcoin-Backed Alternative to Solana Crypto Coins appeared first on CryptoNinjas…

The crypto market offers a wide range of new crypto projects for developers and investors. However, not all coins are the same, so choosing one that stands out from the
The post What You Can Build on Bitcoin Hyper — A Bitcoin-Backed Alternative to Solana Crypto Coins appeared first on CryptoNinjas…
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Crypto Currency

Where’s Satoshi? Statue of Bitcoin creator gets stolen, smashed, and lake-dumped in Lugano

Key Takeaways A statue of Satoshi Nakamoto was stolen in Lugano, Switzerland, prompting a reward offer. The statue was later found broken in a nearby lake. Share this article A life-sized statue of Bitcoin’s mysterious creator, Satoshi Nakamoto, disappeared from Parco Ciani Park in Lugano, as reported by X user Gritto this morning. Hey @paoloardoino

Key Takeaways

  • A statue of Satoshi Nakamoto was stolen in Lugano, Switzerland, prompting a reward offer.
  • The statue was later found broken in a nearby lake.

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A life-sized statue of Bitcoin’s mysterious creator, Satoshi Nakamoto, disappeared from Parco Ciani Park in Lugano, as reported by X user Gritto this morning.

Gritto, who visited the park and captured photos, said the statue was still in place on the night of August 1st. At the time, the area was bustling with activity due to Swiss National Day festivities, and nearby cafés filled with celebrants.

He theorized that a group of partygoers, intoxicated and passing through after the celebrations, might have decided to “have fun” with the statue on their way home. The statue’s disappearance was believed to have occurred sometime that night.

Gritto’s photos show a portion of the statue still attached to the base and the metal nameplate engraved with “Satoshi Nakamoto,” along with the artist’s name, Valentina Picozzi.

“There are cameras everywhere in the city so i assume, they just threw it inside the lake beside, before going home,” Gritto suggested. “No way, they could have carried it unnoticed in the city. So my opinion: it is in the lake, just beside its previous location.”

Statue of Bitcoin creator discovered broken in a nearby lake

After the theft surfaced, Picozzi’s Satoshigallery announced a 0.1 BTC reward for leads on the statue’s recovery. The team also confirmed it would proceed with plans to install identical statues in 21 locations worldwide.

A number of users on X claimed the statue was recovered from a nearby lake, damaged and incomplete.

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Crypto Currency

Hacker still holds $14 billion in stolen Bitcoin from massive 2020 LuBian attack: Arkham

Key Takeaways A hacker stole 127,426 Bitcoin from Chinese mining pool LuBian in December 2020, now valued at over $14.5 billion. Lubian abruptly stopped operations without an explanation two months after the hack. Share this article A massive theft of 127,426 Bitcoin (BTC) from the secretive Chinese mining pool LuBian in 2020, which was uncovered

Key Takeaways

  • A hacker stole 127,426 Bitcoin from Chinese mining pool LuBian in December 2020, now valued at over $14.5 billion.
  • Lubian abruptly stopped operations without an explanation two months after the hack.

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A massive theft of 127,426 Bitcoin (BTC) from the secretive Chinese mining pool LuBian in 2020, which was uncovered today, has sparked concerns in the crypto community as the hacker still holds the entire stash more than four years after the incident.

The stolen BTC stash, worth $3.5 billion at the time, is now valued at over $14 billion, according to a new report from Arkham Intelligence.

It is not only the biggest crypto heist in history but also one of the longest-concealed cases. LuBian, which controlled nearly 6% of Bitcoin’s network hash rate in May 2020, has never publicly disclosed the breach.

Inside the largest crypto heist

As traced by Arkham, the hack occurred on December 28, 2020, with more than 90% of LuBian’s BTC holdings being drained. Arkham suggests that LuBian used an insecure algorithm to generate private keys, which made them vulnerable to brute-force attacks.

The day after the attack, a LuBian-linked address lost an additional $6 million in Bitcoin and USDT on the Bitcoin Omni layer.

On December 31, LuBian moved its remaining 11,886 Bitcoin, currently worth about $1.3 billion, to recovery wallets.

After the hack, the firm broadcast messages across 1,516 Bitcoin transactions requesting the return of stolen funds, spending 1.4 Bitcoin in the process.

The hacker’s stash of 127,426 BTC remains untouched since a wallet consolidation in July 2024, while LuBian’s holdings sit at 11,886 BTC. The unknown exploiter has climbed to 13th place among the top BTC holders, outranking the infamous Mt. Gox hacker.

LuBian stopped mining in early 2021

The hack may explain why LuBian quietly disappeared from the Bitcoin network in early 2021. Given the firm’s secretive operations, it’s perhaps no surprise that the former top-tier miner chose to vanish rather than disclose a breach of this scale.

According to data from mempool.space, Lubian’s last known mining activity occurred on March 1, 2021, when it mined Bitcoin block 672,636.

At the time, industry observers speculated the halt was linked to China’s and Iran’s clampdown on crypto mining. Those regions were believed to be Lubian’s active areas.

China announced a crackdown on Bitcoin mining and trading in May 2021, followed by several provinces ordering shutdowns of mining operations through June.

By September 2021, Chinese authorities issued a nationwide notice declaring crypto mining an “obsolete” industry, effectively enacting a total ban on both mining and trading.

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