The exchange’s verified “cold” wallet, the cryptocurrency version of a bank vault used to hold customer bitcoin, was emptied. According to Anchain AI, from 2019 until February 2020, the cold wallet’s funds were likely moved to four other exchanges — Gate.io, Binance, OKEx and Huobi — and then beyond. Bitcoin fell by 1.83% on Thursday. Reversing a 0.03% decline on Wednesday, Bitcoin ended the day at $8,261.1. A positive start to the day saw Bitcoin rise to an early morning intraday high $8,440 ... Bitcoin steadied after a choppy start to the day, with recent moves and a test of resistance at the 23.6% FIB Retracement Level on Wednesday suggesting a possible near-term bullish trend formation ... Binance CZ Announces BNB Giveaway After Bitcoin Heist, Money Laundering Nightmares Persist This Week in Cryptocurrency: May 17th, 2019 This Week in Cryptocurrency: May 10th, 2019 Read about the latest tech news and developments from our team of experts, who provide updates on the new gadgets, tech products & services on the horizon. Moreover, the largest bitcoin cash spot market, supported by Binance, is only one-tenth the size of the largest bitcoin market, also on Binance. Forks such as bitcoin cash and bitcoin sv are “likely being used purely as speculative instruments,” said Kevin Kelly, former equity analyst at Bloomberg and co-founder of digital asset research firm Delphi Digital.
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