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US State Wants to Legally Seize Unclaimed Cryptocurrencies Left at Custodians


The U.S. state of Illinois has advanced a bill to consider unclaimed cryptocurrencies at custodians abandoned after five years. The coins will then be liquidated and the proceeds remitted to the State Treasurer. The cryptocurrency owners will have no recourse against the custodians or the state....

Altcoins See Early Optimism After Thursday Massacre, Litecoin Up 10%


Source: iStock/t_kimura Following the massacre in the broader crypto market on Thursday, major altcoins have already started to recoup some of their losses, with some cryptoassets now showing positive returns over the past 24 hours. Despite a sea of red in the crypto market, altcoins such...

XLM Eyes a Slow Recovery; Corrects After a 61% Price Hike


The crypto market, just like every other market across the globe right now, is still not ready enough to come out of the shock that it has been receiving for the last one week. However, even after a massive price plunge below $5000, Bitcoin has at least attempted to remain above $5000. It seems...

Bitcoin and Altcoins Attempt to Recover After Significant Crash


The past 3-4 sessions saw a significant drop in bitcoin price from well above USD 8,000 to well below USD 5,000. BTC/USD lost more than 50% and even tested the USD 4,000 area. The price is currently (09:00 UTC) recovering above USD 5,000, but there are many resistances waiting on...

Dogecoin Continues to Consolidate After Declining by Almost 20%


In the recent bearish sweep in the crypto market, all the major coins were largely impacted, including Bitcoin. It has started to trade in the $7000 price range after it broke below $9000 and $8000 eventually. Dogecoin Price Analysis Here, Dogecoin is also not an exception as it has also been...

Suspected Coincheck Hackers Arrested After Selling XEM for Bitcoin


Tokyo police say they have arrested two men over the hack of Japanese crypto exchange Coincheck. The platform was raided for some USD 400 million worth of NEM (XEM) tokens in January 2018, in what remains the world’s biggest-ever theft of cryptocurrency. Police have been chasing the perpetrators...

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