Cyber Attacks and Falling Prices Just Two Days Into Bitcoin Futures

Submitted by Guest on

Written by :

Guest

Published on :

Cyber Attacks and Falling Prices Just Two Days Into Bitcoin Futures

Cboe's Bitcoin futures fell slightly after soaring in their first full trading day Monday.  A number of exchanges were down as a result of apparent cyber attacks as well.


Bookmaker now accepting most forms of crypto-currencies

Trading volume Tuesday afternoon was just over 1,000, versus about 3,000 between Sunday night and Monday morning.

Bitfinex reportedly was under a Denial of Service attack while Coinbase experienced a partial shutdown.

The later resulted in buys and sells for digital currencies ethereum and litecoin being "temporarily disabled."

A spokesperson for Coinbase, one of the leading platforms in the U.S. for buying and selling bitcoin, said in a statement early afternoon Eastern Standard Time "the site is seeing high traffic volume at the moment and some users may be experiencing intermittent service outages.”

Bitfinex had the largest share of U.S. dollar-bitcoin trading volume late Tuesday morning at 33 percent, while Coinbase had about 22 percent, according to CryptoCompare.

- Aaron Goldstein, Gambling911.com

Related Content

Bet on All Things Jensen Huang, NVIDEA:  Next CEO, Net Worth, Testifying Before Congress

Bet on All Things Jensen Huang, NVIDIA: Next CEO, Net Worth, Testifying Before Congress

Shocking news in the world of AI as Nvidia CEO Jensen Huang resigns after his affair raises national security concerns. Ian Buck leads the way but with only a 35% chance at the prediction markets.
Bet When Jensen Huang Will Leave Nvidia CEO

Bet When Jensen Huang Will Leave Nvidia CEO

Traders at the prediction market Kalshi are giving Nvidia CEO Jensen Huang a 35% chance of stepping down before January 1, 2028. That's just over two years from now and those odds are still low.
Crash test dummy at laptop

Pay Per Head for Dummies

Gamblilng911.com looks at the benefits of using a Pay Per Head throughout the year, and it is here where we need to impress upon folks that sports betting does NOT end when the Super Bowl winner is declared. 
Bet25.com Launches Zero Margin Sportsbook to Eliminate Hidden House Edges

Bet25.com Launches Zero Margin Sportsbook to Eliminate Hidden House Edges

Every sports bettor deal with the same issue: traditional sportsbooks hide extra profit margins within their odds. Bet25 is changing this with the Zero Margin Sportsbook, setting the new rules of sports betting.