Cryptocurrency News Digest for the Night of September 20, 2024
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Johny Smith
2024/09/22
3 mins read
At the moment, most digital coins are in a pronounced growth phase. The key catalyst for the overall positivity on the market was the results of the last meeting of the Federal Reserve. The regulator cut the rate by 50 basis points. At the same time, the department officials emphasized that they will continue to further develop the quantitative easing program. Over the past 7 days, Bitcoin has increased in value the most among the main cryptocurrencies, having risen in price by more than 10%. As for Ethereum, over the same period, it has increased in price by 7.6%.
- ZachXBT Researcher Reveals Details of $243 Million Hacking Attack
- Hut 8 Expands Partnership with Bitmain
- Donald Trump paid for a burger and cola in bitcoins
- Binance Institutional Accounts Grow by 40%
ZachXBT Researcher Reveals Details of $243 Million Hacking Attack
At the end of last August, an unknown fraudster stole 4,046 bitcoins worth $243 million from a creditor. Popular cryptoanalyst ZachXBT shared more details about the incident. It was reported that the attacker impersonated a Google support employee, thereby gaining access to the victim’s private account. The victim was presumably a Genesis creditor.
Hut 8 Expands Partnership with Bitmain
Mining corporation Hut 8 is expanding its partnership with Bitmain. The result will be the launch of the next-generation ASIC U3S21EXPH. The product will be deployed approximately in the 2nd quarter of next year.
Donald Trump paid for a burger and cola in bitcoins
The Republican presidential candidate visited the cryptocurrency-themed fast food joint PubKey. Donald Trump bought a burger and a cola, paying for his order in bitcoins. According to the community, this event can be considered an “important historical payment.”
Binance Institutional Accounts Grow by 40%
Head Binance Richard Teng told CNBC that the exchange has seen a nearly 40% increase in institutional accounts this year, indicating that the digital coin segment is gaining acceptance among major market participants, including various companies.
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