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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »

2019-3-5 20:20


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Singapore Sovereign Wealth Fund Invests in Cryptocurrency Exchange – Report

US cryptocurrency exchange Coinbase received the majority of its $300 million 2018 funding round from a fund owned by the Singapore government, anonymous sources have revealed. GIC Private Surprise Funding Round Participant Speaking to Bloomberg, people “familiar” with the details of the fundraising deal said that GIC Private Limited (formerly Government of Singapore Investment Corporation), invested in the company. дальше »

2019-2-28 14:00


Embezzlement, $26 Million Loss Bankrupts Korean Crypto Exchange Coinbin

Coinbin, the South Korean Cryptocurrency exchange which took over hacked exchange Youbit, is filing for bankruptcy with losses equating to over $26 million. Cryptocurrency and Cash Transactions Stopped According to reports by Business Korea, the bankruptcy announcement was made by Coinbin CEO  Park Chan-kyu on February 20, 2018. дальше »

2019-2-25 22:01


Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions

The University of Michigan’s $11. 9 million endowment fund has plans to increase its stakes in a crypto fund managed by Andreessen Horowitz. The public university said in its Regents Communication agenda that it was looking to make additional investments into the California-based venture capital firm’s CNK Fund I. дальше »

2019-2-22 17:40


Exit Scam? Mismanagement? Coinbase Digs Into Failed Crypto Exchange QuadrigaCX’s ‘$150 Million Loss’

Brian Armstrong, the CEO of Coinbase, one of the world’s largest crypto exchanges, said that the company conducted internal research on the QuadrigaCX case. QuadrigaCX has been claiming that Gerald Cotten, its CEO, passed away with sole control over its cold wallets containing $150 million in various cryptocurrencies including Bitcoin and Ethereum. дальше »

2019-2-23 15:21


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Grayscale Records Bumper Year In 2018

While multiple projects struggled in the crypto crunch, for Grayscale Investments 2018 was the best year they’ve ever had. In their quarterly report, released on Thursday, Grayscale said that despite declining prices and market conditions in the latter half of the year, investment inflow was at its highest levels since the firm launched more than four years […] The post Grayscale Records Bumper Year In 2018 appeared first on Crypto Briefing. дальше »

2019-2-15 19:49


Is Kudlow Shorting the Dow? Stock Market Plunges as Top Trump Adviser Says US & China ‘Miles’ Apart on Trade

The Dow’s mid-week sell-off took an even steeper turn on Thursday after White House economic adviser Larry Kudlow broke from the Trump administration talking point that the United States and China are close to reaching an agreement to end the trade war before new tariffs kick in at the beginning of March. дальше »

2019-2-7 20:56


Bitcoin Only: Square CEO Jack Dorsey Doesn’t Care for Other Cryptocurrencies on Popular ‘Cash’ App

Square and Twitter CEO Jack Dorsey has made it very clear that Square will only support Bitcoin (BTC) in the foreseeable future. On February 6, in response to some members of the cryptocurrency community inquiring about potential Square integrations, Dorsey said: Nah — jack (@jack) February 5, 2019 He also expressed his enthusiasm towards the Lightning Network, a second-layer scalability solution that enables instantaneous payments on Bitcoin. дальше »

2019-2-7 18:13


Mark Zuckerberg Says He Strongly Believes in Decentralizing and Putting Power on Individuals

Mark Zuckerberg, the CEO of Facebook says that he believes in decentralization and putting power in individuals ‘hands.’ He said this during the company’s Q4 2018 earnings call on January 31st. During a conversation with RBC Capital Markets’ Mark Mahaney, he talked about data privacy and their goals for 2019. Mr. Mahaney asked whether he […] дальше »

2019-2-1 08:02


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Zebpay Continues European Expansion, Launches EU-Wide Trading Tournament

Cryptocurrency exchange Zebpay is opening new offices in five European countries, increasing its presence on the continent to 43 countries. Launched in 2015 in India, Zebpay grew into one of the country’s largest cryptocurrency exchanges before shuttering its operation in September 2018, due to the crypto ban in the country. дальше »

2019-2-1 00:24


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Blockchain Trends To Watch For In South Korea In 2019

As Changpeng Zhao of Binance said: 2018 was the year of “correction”. It has also, in some ways, been the year for experimentation and discovering creative ways to grow the industry, as well as a year to invigorate and innovate the trading of digital assets – as was shown with the emergence of the security […] The post Blockchain Trends To Watch For In South Korea In 2019 appeared first on Crypto Briefing. дальше »

2019-1-11 19:33