PegNet

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PegNet

Miners Trick Stablecoin Protocol PegNet, Turning $11 Into Almost $7M Hoard

The millions in tokens were later destroyed, painting a confusing picture of the attacker's motives.

By Paddy BakerApr 22, 2020

Credit: Shutterstock

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Today

5:56 AM

Negative

BlackRock's bitcoin ETF sheds $528 million, the second-largest daily outflow on record

IBIT recorded its second-biggest single-day net outflow since launch on Wednesday, missing a January record by less than half a million dollars, as the Iran-driven sell-off pulled institutional money out of bitcoin.

4:55 AM

Negative

BTC0.00%

Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears

Fund manager Michael Kramer says a $150 billion liquidity drain from upcoming U.S. Treasury operations could push bitcoin sharply lower.

4:41 AM

Negative

XRP drops 4% below $1.30 as heavy selling breaks key support zone

XRP lost another major support level after high-volume selling accelerated late in the session, keeping focus on whether the months-long compression structure is now breaking lower.

4:25 AM

Negative

BTC0.00%

+4 Assets

Bitcoin drops below $73,000 as US strikes on Iran spark $1 billion liquidations

Crypto majors sold off 3% to 4% and nearly $1 billion in leveraged positions were wiped out after U.S. airstrikes on an Iranian military site near the Strait of Hormuz reignited the conflict markets had started to price out.

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