Good news! We found who the crypto hackers were.

It's North Korea. They are using cryptocurrencies to build nuclear weapons.

Cool, so it is actually 100 worse than terrorists scammers tax evaders ponzi exchanges.

Ahem so... I see Bitcoin having strong support around zero.

What is more likely:

A) The USA sit and watch criminal terrorist state North Korea build nuclear weapons they can use to blackmail other countries to send them money?

B) Bitcoin is getting destroyed and going to zero?

Tough one.

Nothing to add.

Comment:

According to the FBI, North Korea just launched a wave of massive attacks against crypto, in retaliation to sanctions.

"A team labelled APT 38, believed to be part of Lazarus, has been connected to cryptocurrency exchange hacks in South Korea and Japan. One hacker in particular, named Park Jin Hyok, is currently wanted by the FBI: his 176-page indictment includes allegations of attempting to steal more than $1 billion through hacking."

A 5000 BTC sell crashes the price 10%. I wonder what tens or hundreds of thousands of laundered Bitcoins hitting the supply would do.

If a small poor country like North Korea has the ability to hack hundreds of millions of dollars of crypto with small uncoordinated attacks, I wonder what a mega power like the United States of America is able to do?
Let wait and find out ;)

Bitcoin made new low, and I must admit, I am very happy about this.
Funding is still very high on Bitmex, baggies are paying me, I like this.

Comment:

"I now control the largest publicly traded #Bitcoin mining company in the world and it is dedicated to protecting mining as we know it by moving the world to massively scaling #BSV. Expect to see me on Business news a lot more :-)"

- Calvin Ayre.

Rekt... Bitcoin actually going to zero. I guess I'll be careful if I long it...

Comment:

Hundreds of thousands of Bitcoins are being moved. Representing Billions of dollars.
Didn't check every thing but I saw 10 million $ transfered to Huobi, a few 15 millions $ transfered to Polonies, some big ones are Binance doing weird things again.

Withdrawals a few days ago, more deposits now apparently.

Bah, probably just FUD, best to ignore it.

Comment:

Craig Wright has written an article explaining why all cryptocurrencies were illegal and that people involved that have not yet ending in jail were going to go there in the future. I hope it isn't too long before all those criminal ponzis get destroyed.

Comment:

Flash news:
UNITED NATIONS (Reuters) ―North Korea has generated an estimated $2 billion for its weapons of mass destruction programs using “widespread and increasingly sophisticated” cyber attacks to steal from banks and cryptocurrency exchanges, according to a confidential U.N. report seen by Reuters on Monday.


Great...