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Weekend Roundup: Bitcoin at $60,000, Was Roll Hacked?

2 mins
Updated by James Hydzik

In Brief

  • Bitcoin crosses $61,000 and settles above $60k for the first time ever.
  • ETH hit the $1940 level multiple times while following BTC's lead.
  • Roll social token platform appears to have been hacked.
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This weekend roundup sees Bitcoin mostly above $60,000 on Sunday after an ATH at $61,711. Meanwhile, eyes are turning toward social token platform Roll and a developing hack story.

Bitcoin ATH over $60,000

The weekend started well for Bitcoin as BTC struggled across the $60,000 threshold for the very first time on Saturday. However, by Sunday, the market grew accustomed to the idea of Bitcoin at this price, and the coin hit a new All-Time High of $61,711 before moving back toward the $60,000 line.

Source: Tradingview

ETH Nearing $2,000

Ethereum followed Bitcoin, and hit the $1940 level midway through the weekend. Ethereum co-founder Vitalik Buterin claimed in an interview that the network will soon implement rollups in order to increase throughput and lower costs.

Source: Tradingview

Developing Story: Roll Hack

Reports on Twitter show that a hack occurred on Sunday that netted about 2600 ETH. The social token platform Roll seems to be the exploited party in the attack, and the Roll team is engaged in sorting out the issue. However, other than screenshots and warnings, little is known. BeInCrypto will follow the story as it unfolds during the week.

Top 100 Biggest Gainer of the Weekend

The biggest gainer on Sunday was Hedera Hashgraph, which rose 39.7%. The HBAR token was up 155.6% in the seven days through this report. Hedera Hashgraph is one of the few non-blockchain projects in the top 50. Instead of blocks, it uses a graph consensus model. The project has been gaining industrial interest of late.

Apparently, the possibility of a Coinbase listing helps, too.

Very Coinbase

Regarding Coinbase, the influx of new tokens and possibility of others being onboarded brought out the DOGE community as well. The Dogeratti pinged their CEO-for-a-Day Elon Musk on Saturday about whether a Coinbase listing would a good thing for the project. He responded with a resounding, “Yes!”. And, finally, in a sign of normalcy, the DOGE price did not jump.
All we can say is, “Wow.”


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