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Altcoins move to new all-time highs while Bitcoin struggles below $60K

Bitcoin price might be pinned below $60,000, but that’s not stopping THORChain, Akropolis and Helium from chasing after new all-time highs. According to data from, Bitcoin’s (BTC) Q1 2021 performance was the best since 2013. With strong tailwinds, Bitcoin now enters Q2 which historically has been a good period for BTC price. Data shows that BTC has only closed Q2 in the red twice and both times the decline was less than 10%. If history repeats itself, Bitcoin investors may witness sharp gains in the next six months.  Crypto market data daily view. Source: Coin360Altcoins have also participated in the…

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Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for Centralization

The cryptocurrency community has been discussing the Kucoin hack as a great number of ERC20 projects have frozen, paused, or reversed their smart contracts after the hack. Estimates say that at least $129 million ERC20 tokens affected are considered “safe” from the hacker’s clutches. Additionally, evaluations show the breach may be much larger than originally estimated, as one report says the compromise saw $280 million stolen. The Kucoin hack has been the talk of the town in crypto land these days, as the exchange was hacked on September 25, 2020. News.Bitcoin.com reported on the initial losses estimated to be around…

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