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Bitmain Q3 Figures Leak And Could Spell Disaster For The Bitcoin Mining Leader’s Upcoming IPO
Bitmain’s Leaked Q3 Figures Could Spell Disaster For The Firm’s Upcoming IPO According to Twitter user BTCKING555, Bitmain’s third-quarter (Q3) financials have been leaked onto the internet and it appears as though the company has lost a whopping total of $740 million during the aforementioned time period. While no official statement has been released by […] дальше »
2018-12-5 20:03 | |
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Canada’s Fortress Blockchain Records $1.16 Million Loss In Q3 For Crypto Mining Business
The Canadian Bitcoin mining giant Fortress Blockchain registered a loss of $1. 16 million in the third quarter of 2018. In the previous quarter, the company lost $202,000. This shows that the bearish price action in virtual currencies is affecting the whole crypto market. дальше »
2018-11-30 06:55 | |
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New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders
International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts. дальше »
2018-11-13 00:43 | |
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Trader Jailed and Fined Over $1 Million for Bitcoin and Litecoin Fraud Scheme
The U. S. Commodity Futures Trading Commission (CFTC) issued a press release on Friday, November 9, 2018, stating that it had fined Arizona resident Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme against his former employer and other investors. дальше »
2018-11-13 22:55 | |
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Investor Lawsuit Brought Against AT&T, T-Mobile for SIM Swapping Hacks
Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping. дальше »
2018-11-10 01:35 | |
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NiceHash CEO Leaves Crypto Mining Company After Suffering 4,000 BTC Hack
NiceHash CEO Quits NiceHash, a Slovenian mining service, has a new CEO, which took his position as head of the company after it lost $63 million in a significant hack in 2017. The platform then relaunched in December and the news media understood that the previous CEO, Marko Kobal, had recused himself form the position. […] дальше »
2018-10-31 23:50 | |
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After Coinbase, PayPal Bans Social Media Platform Gab ‘Just Because’
Gab. ai, the social messaging platform born in 2016 as an answer to the “Big Social Monopoly” of extant social media giants, has lost access to its PayPal account. PayPal: Gab Should ‘Find Alternative’ Gab, which in June saw itself unexpectedly banned from US cryptocurrency exchange and wallet provider Coinbase, did not receive an explanation from PayPal, the company’s decision being effective immediately. дальше »
2018-10-29 22:00 | |
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Bitfinex Took 630 Million Tether Out of Circulation After Drop Below $1
Since tether lost parity with the U.S. dollar, its supply has dropped by a quarter as tokens flow back to the issuing company's "treasury" wallet. дальше »
2018-10-23 01:00 | |
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Cybersecurity Report: Hackers Stole $882 Million from Crypto Exchanges Since Feb 2017
Report Reveals That Hackers Stole $900 Million From Crypto Exchanges Since 2016 In a recently conducted research, Group-IB, a cybersecurity company based in Moscow, discovered that crypto exchanges have lost a whopping $882 million worth of digital assets to hackers since 2016. дальше »
2018-10-19 22:48 | |
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Cryptocurrency Exchanges Lost $882 Million to Hackers in Two Years, Report Finds
A recent report by cybersecurity company found that over the past two years cryptocurrency exchanges have lost $882 million to hackers. The report also warns that the trend is likely to increase in the future as hackers direct more of their attention to exchanges. дальше »
2018-10-19 00:00 | |
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New BitConnect Class Action Combines All Former Suits — And Targets Youtube
According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect. дальше »
2018-10-19 22:58 | |
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Huobi Joins OKEx in Adding Four New Stablecoins
Huobi Global has announced its decision to list four USD-pegged stablecoins by the end of the week. In a support notice published on its platform, the company noted that users will be able to make deposits for Paxos Standard Token (PAX), True USD (TUSD), Circle’s (USDC), and Gemini exchange’s (GUSD) on its exchange starting from Friday, October 19, 2018 (GMT +8). дальше »
2018-10-17 21:15 | |
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Early Coinbase Exec Adam White Leaves the Company for ICE’s Bakkt Platform
Coinbase lost an essential team member as the former lead of institutional products, Adam White quits to join an intercontinental digital ecosystem. The post Early Coinbase Exec Adam White Leaves the Company for ICE’s Bakkt Platform appeared first on CoinSpeaker. дальше »
2018-10-16 11:04 | |
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Singapore-based Blockchain Consortium Buys Majority Share in Bithumb
Singapore-based BK Global Consortium has paid 400 billion won (approximately $350 million) for a majority stake in South Korean Bithumb, the world’s third-largest cryptocurrency exchange, according to a local news outlet. дальше »
2018-10-13 23:53 | |
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Bitcoin’s Square CFO Sarah Friar Leaves for Nextdoor as (SQ) Shares Over 10%
Square shares have lost over 11% on Thursday due to the fact that its CFO, Sarah Friar, decided to leave the company. Friar informed that she will be taking the job as the CEO of the Nextdoor social network that is currently expanding in the market. At the same time, Nextdoor CEO, Nirav Tolia, has […] дальше »
2018-10-12 18:36 | |
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Passware Helps Users Recover Their Lost Bitcoin Wallet Password
In the past, a misplaced or lost password to a Bitcoin wallet would result in the loss of Bitcoin holdings. According to a Business Insider article published on October 3, 2018, Passware, a leading provider of password recovery, decryption, and computer forensic software, has, however, become the first company to help users retrieve lost or forgotten passwords from their Bitcoin. дальше »
2018-10-5 09:00 | |
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Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018. дальше »
2018-9-28 23:08 | |
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[Breaking]: Bitmain Lost $700 Million in Q2, Will Be Net Income Negative By End of the Year, According to Source
Bitmain Lost $700 Million in Q2, Will Be Net Income Negative By End of the Year, According to Source A mysterious “Bitmain source” has surfaced to make some surprising claims about the Chinese mining giant. дальше »
2018-9-27 23:48 | |
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In First Half of 2018, Japan Counts $540 Million Lost to Crypto Thefts
When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers. дальше »
2018-9-21 23:45 | |
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Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good
Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances. дальше »
2018-9-15 21:50 | |
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Robinhood is Making Millions Selling Users’ Data to Financial Companies
The low-cost Robinhood investing app popular with millennials makes up for the lost profits of commission-free trades by selling users’ data to other financial companies. What’s the Logic of Robbing Peter to Pay Paul? A Second Quarter SEC filing shows that Robinhood Financial (Robinhood) is actually making millions of dollars from selling users’ data to high-frequency trading (HFT) firms. дальше »
2018-9-14 10:00 | |
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OnePlus has officially given up on the headphone jack
Team Android just lost one of the few remaining defenders of the headphone jack. Today, OnePlus founder Carl Pei went on the record to say the company’s next device – presumably the 6T – will not have a headphone jack. дальше »
2018-9-14 21:03 | |
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OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud
The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin. дальше »
2018-9-12 23:42 | |
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The Google Pay for Bitcoin Wallets: Payment Codes and PayNym Bots
An emblematic, and probably the most controversial feature, cryptocurrencies brought to the world economy is absolute privacy. Lately, however, it seemed that this property was lost as financial institutions started to get the hang of the way they work. дальше »
2018-9-9 19:00 | |
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Bitmain Lost $328 Million Buying Bitcoin Cash, According to BitMex Research
Bitmain made a bad bet on Bitcoin Cash but could still become “one of the great companies” in the cryptocurrency world, researchers from BitMEX reveal. ‘Bitmain Can Be A Legendary Crypto Company’ As part of an in-depth look into the mining giant ahead of its controversial planned initial public offering (IPO), BitMEX considered the potential for the company to recapture its former success while leveling thinly-veiled criticism at its management. дальше »
2018-8-30 22:00 | |
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Creditors of Defunct Cryptocurrency Exchange Mt. Gox Can Now File Claims
Creditors of Mt. Gox, the defunct cryptocurrency exchange, can now start submitting proofs of claim in a newly approved rehabilitation process, according to an update posted on the exchange’s website. дальше »
2018-8-27 17:14 | |
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Ripple’s Convergence Rumors Show the Company Is on the Right Path
Most cryptocurrency users have no love lost for Ripple and its underpinning technology. That is only natural, as this project is not a cryptocurrency venture in the traditional sense. Despite this opposition, the company is working on improving its technology and offerings. дальше »
2018-8-23 19:00 | |
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Justin Sun Has Plans For Tron TRX Coin Expansion With More Crypto Exchange Listings
With all of the publicity and advancements that the Tron Foundation is bringing about, CEO and founder Justin Sun has not lost focus at all. Despite the recent dips in the market capital for the industry, Sun expressed his intent to Forbes that the company plans to bring in other exchanges still, saying that user […] дальше »
2018-8-18 08:04 | |
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This hilarious Twitter account triggers film fans with fake criticisms
When I stumbled across this hilarious parody account on Twitter, I lost 30 minutes of my workday to laughter. It’s called @movie_goofs, and it tweets joke criticisms of movie “mistakes. ” Back to the Future (1985)Anachronism Marty McFly drives a DeLorean DMC-12 in 1955, but the DeLorean was first manufactured in 1981. дальше »
2018-8-8 00:20 | |
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New Partnership Designed to Securely Track Precious Metal Trades
Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error. дальше »
2018-8-9 18:15 | |
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Novogratz’s Cryptocurrency Bank Off to a Slippery Start, Drops 20% in One Day
The cryptocurrency merchant Galaxy Digital LP, which began trading on August 1, is off to a rocky start — falling 20 percent per share in just one day. This adds to the company’s estimated loss of about $134 million in the first quarter of 2018 amid a market-wide cryptocurrency crash. дальше »
2018-8-3 06:00 | |
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CEO of Vietnamese Mining Firm Disappears, $35 Million Lost
Leh Minh Tam, CEO of Ho Chi Minh City-based Sky Mining has apparently fled the country after the company suffered severe losses. The business owned several cryptocurrency mining farms in the country, but they have become largely unprofitable due to skyrocketing mining difficulty and a stagnation in cryptocurrency prices. дальше »
2018-7-31 22:00 | |
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Giant Bitcoin Merchant Bank Posts Losses Over $130 Million
Galaxy Digital, one of the earliest and largest cryptocurrency merchant banks in the space, founded by billionaire Mike Novogratz, posted first quarter earnings. Published accounts suggest the firm has lost $134 million due to a combination of an extended bear market and the usual course of starting a large company. дальше »
2018-7-28 11:45 | |
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Complete refunds guaranteed by a ICO platform after being involved in a $7 million hacking incident
Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported. CEO Anti Danilevski wrote in a blog post that the startup’s team discovered some 70 million KICK tokens missing from its wallet after the KickCoin smart contract owner’s private key was compromised. Several users’ wallets дальше »
2018-7-27 22:31 | |
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ICO Platform Promises Full Refund Following $7 Million Hack
Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported. дальше »
2018-7-27 19:00 | |
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Mike Novogratz’s Galaxy Digital Posts Multi-Million Dollar Losses in Q1 of 2018
Billionaire cryptocurrency investor and owner of Galaxy Digital, Mike Novogratz, has reported company losses totaling $134 million in Galaxy Digital’s quarterly disclosure. The report details $85. дальше »
2018-7-27 02:19 | |
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$134 Million in Digital Losses in Q1 for Galaxy Digital Crypto Bank
Crypto investment bank Galaxy Digital lost $134 million in the first quarter of 2018, largely due to declining cryptocurrency prices, the company announced in a quarterly earnings report Wednesday. Galaxy Digital, chaired by billionaire investor Michael Novogratz, said it saw a “net unrealized loss” of $85.5 million on digital assets, and a further $24 million дальше »
2018-7-27 01:04 | |
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Mike Novogratz’s Galaxy Digital Loses $134 Million Due to Bitcoin Price Fall
Biggest Crypto Firm On Wall Street Just Lost $134 Million USD On Bitcoin Plunge Galaxy Digital, a crypto merchant bank, has recently announced that the company took a $134 million USD hit during the first quarter of 2018 because Bitcoin was down and it struggled to break the bear market at the time. It was […] дальше »
2018-7-26 22:06 | |
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QIWI Payment Network CTO ‘Mined 500,000 Bitcoins’ In 2011 Before Losing Them
The former CTO of Russian electronic wallet and payment network QIWI once had a personal wealth of half a million bitcoins — but lost them. 3 Months, 4. 1 Billion USD The extraordinary claims came to light as part of an interview with CEO Sergey Solonin, who told the audience during a Moscow lecture on July 25 that the CTO had used the company’s ubiquitous payment terminals to mine bitcoin, starting in 2011. дальше »
2018-7-26 22:00 | |
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A Shipwreck, a Sunken Treasure, and a Possible Crypto Scam
A South Korean company has claimed to have discovered the 113-year old wreck of the Russian battleship Dmitrii Donskoii, reportedly containing more than $100 billion worth of lost gold. While the matter of who actually has salvage rights remains contested, a cryptocurrency exchange has emerged, offering to “share profits” from the wreck with its users. дальше »
2018-7-22 08:00 | |
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CoinRail Reopens, As Reimbursement Of Stolen Cryptocurrencies Begins
A South Korean cryptocurrency startup, CoinRail, reopens a month after experiencing hacking, in which an estimate of about $40 million was lost. The company announced on its website that it has reCoinRailsumed operation after a month and will be compensating clients who the hack affected, as the company retains the confidence of the public. дальше »
2018-7-18 03:30 | |
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Jabees’ wireless earbuds are good for the gym, but can’t compete with AirPods
Thanks very much, Apple. Due to the success of Airpods, everyone’s releasing wireless bluetooth earbuds these days. The latest company to throw its hat into this tiny, easily lost ring is Jabees. дальше »
2018-7-11 17:12 | |
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Investors Who Lost Bitcoin In Mt. Gox Hack May Receive Compensation
A new court ruling means creditors to the Mt. Gox cryptocurrency exchange stand a chance to get their lost funds back in their Bitcoin wallets. The Tokyo District court has permitted the company to move out of criminal bankruptcy and into civil rehabilitation, an Mt Fox. дальше »
2018-6-23 01:19 | |
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