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Day: September 27, 2020

Why traders are not worried that the KuCoin hack will drop Ethereum price

cryptocurrency September 27, 2020

Advertisements After the $150 million KuCoin hack, traders appear unworried that open market sales by the hacker will drop Ethereum price. Analysts say that the unknown hacker behind the KuCoin breach is selling the stolen ERC-20 tokens on Uniswap. Although selling tokens on the Ethereum-based decentralized exchange allows the hacker to obtain Ether (ETH), it […]

Ethereum Projects Continue to Freeze Tokens Affected by KuCoin Hack

cryptocurrency September 27, 2020

Advertisements Quick take: Multiple Ethereum based projects affected by the KuCoin have intervened Some have frozen their ERC20 tokens with others initiating hardforks  The KuCoin hack amount has increased to $203 Million and could continue climbing Almost immediately after the KuCoin hack, the team at Tether announced that it had frozen a total of $33 […]

Ethereum is Primed For a Rally And Only 1 Thing is Holding it Back

cryptocurrency September 27, 2020

Ethereum is recovering nicely above the $350 resistance zone against the US Dollar. ETH price is likely to accelerate higher if it settles above $362 and the 100 SMA (H4). Advertisements ETH price started a decent recovery wave from the $310-$315 support zone against the US Dollar. The price is now trading above the $350 […]

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