CRYPTO NEWS: Latest BITCOIN News, OKEx News, BINANCE News, BITMex News

CRYPTO NEWS: Latest BITCOIN News, OKEx News, BINANCE News, BITMex News
Bitcoin tests $ 12,000 and crashes
On Sunday morning, August 2, the bitcoin price surpassed the $ 12,000 mark, but could not stay above it. Within a few minutes, the quotes of the leading cryptocurrency fell to the level of $ 10,500.

The sharp price movement led to a cascade of liquidations of positions on crypto derivatives exchanges. On BitMEX, liquidation volume amounted to $ 147 million per hour.
The total volume of liquidated positions in crypto derivatives during the fall exceeded $ 1 billion.
According to The Block analyst Larry Chermak, open interest in bitcoin futures has dropped by $ 107 million over the past 24 hours on BitMEX. The indicator has also decreased by more than $ 50 million on OKEx, Huobi and Binance.

Ayondo agrees to acquire stakes in Hong Kong credit company
Ayondo will acquire the entire stake in Rich Glory International Investment Limited.

Ayondo Ltd., a Catalist-listed investment holding company, recently announced that it has entered into a conditional sale and purchase agreement with Speed ​​Success Group Limited as COVID-19 continues to put pressure on the troubled firm.
The proposed acquisition follows Ayondo’s ongoing efforts to find a sustainable business. The company has carried out key operations in the UK and BUX acquired the division last year, Finans Magnats reported. Subsequently, the German subsidiary of the Group declared insolvency in August 2019.

Chicago board options exchange spot FX volumes drop in July, with final spike seen in June
In June, many trading providers reported a jump in trading volumes. Now that July is over, brokers are disclosing their numbers for the last month.

If Cboe’s accurate monthly volumetric data doesn’t help, then it looks like June was a one-off event. During the seventh month of the year, Cboe reported a total monthly spot volume of $ 690.71 billion and an average daily volume of $ 30.03 billion.
The monthly volume reached in July 2020 is 9.3 percent lower than the previous month. It is also worth noting that there was one additional trading day in July compared to June.

Bitcoin miners earned $ 25 million in commissions in July
In mid-July, the Bitcoin blockchain statistics recorded a sharp increase in the number of transactions, which led to a 10-fold increase in the mempool, where transfers are placed awaiting inclusion in the block.

The transaction validation generated $ 25 million in net income for miners in addition to block rewards, thanks to a threefold increase in fees in the second half of July.

Chainlink Marines ‘Buy the Failure’ Awaiting New All-Time Highs
The last ten hours have been significant for LINK owners.

More than $ 1 billion of Bitcoin futures have been liquidated in the past few hours as the entire cryptocurrency market crashed. However, LINK holders seem to have taken advantage of the low prices to add more tokens to their positions.
This cryptocurrency surged to a high of $ 8.5 on August 1, but a few hours after the daily close, the cryptocurrency market crashed, crashing Chainlink. The decentralized oracle token lost 21% within 30 minutes, dropping to a low of $ 6.6.

India and Sri Lanka are five times more vulnerable to crypto hacks
Microsoft has published its annual security report, which highlights the latest cybersecurity threats in the world.

In its findings, Microsoft notes that India and Sri Lanka are five times more susceptible to crypto mining hacks, although the number of such attacks has decreased by 34% compared to the previous year 2018-19, Microsoft notes.

CWT management company paid hackers $ 4.5 million bitcoins
The American corporate travel company CWT paid $ 4.5 million in Bitcoin ransom to hackers who stole the company’s secret files.

According to a July 31 Reuters report, CWT representatives paid ransomware hackers 414 Bitcoin on July 27 – approximately $ 4.5 million at the time – in two transactions. Blockchain data shows that the criminals transferred funds to another address within an hour.
The attackers said they used the Ragnar Locker Ransomware to disable file access on 30,000 computers at the firm and steal sensitive data. They originally demanded $ 10 million, but accepted less than half after a CWT spokesman said the firm suffered financial losses during time of a pandemic.