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Victims of Crypto Crimes Demand $10 Billion Compensation from the EU

Victims of cryptocurrency frauds and scams from over 30 countries have filed a joint lawsuit under Dr. Jonathan Levy of Berlad Graham LLP. The cumulative loss for all parties amounts to $16. 8 million, yet the primary claim is a $10 billion compensation fund for victims of such attacks, as reported by Micky, June 4, 2019. дальше »

2019-6-4 13:00


Cryptocurrency: Stop-limit in crypto may result in a far larger loss than you anticipated, says Ari Paul

Bitcoin Satoshi Vision [BSV], the eighth largest cryptocurrency by market cap, recently went through a massive surge in the market, with its value witnessing a double-digit rise. The reason for this rise was speculated be a ‘fake news’ associated with Craig Wright, the self-proclaimed Satoshi Nakamoto, and Binance, a leading cryptocurrency exchange. дальше »

2019-5-31 15:27


Crypto Hedge Funds Saw An Average Of 46% In Losses During 2018, Yet Institutions Still Atop Priority List

Crypto Hedge Funds Experienced A Median Of 46% Loss In 2018 Cryptocurrency hedge funds have experienced a median loss of 46% on average in 2018 according to a recent report released by The Block. However, the price of the most popular digital asset fell over 72% during the same period of time. Hedge Funds Register […] дальше »

2019-5-13 23:01


Binance CEO Reveals New Details of ‘Damaging’ $44 Million Bitcoin Hack

By CCN: On May 10, Changpeng Zhao, the CEO of Binance, the world’s largest crypto exchange, released a security incident update regarding the firm’s loss of 7,000 bitcoin. Following the high-profile security breach of the exchange during which sophisticated tools and methods were used to steal $44 million from Binance, the firm swiftly revamped its security measures and practices. дальше »

2019-5-10 13:00


Bitcoin Price: Mark Yusko’s $400,000 Target is Bold – But Not Insane

By CCN: Morgan Creek Capital Management founder Mark Yusko spoke to Bloxlive. tv about the Binance hack and his startling prediction that Bitcoin will eventually be worth $400,000. Morgan Creek Founder: Hackers Prove the Value of Crypto Yusko made a compelling case, taking a positive out of the massive $40 million loss that Binance suffered, saying that hackers prove the value of Bitcoin. дальше »

2019-5-10 21:52


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Markets Update: Crypto Prices Show Strong Recovery After Binance Loss

Cryptocurrency markets are doing much better the day after the digital asset exchange Binance lost roughly 7,000 BTC ($40 million). Immediately after the trading platform officially announced the multi-million dollar loss, the cryptoconomy shed billions but since then most digital assets have recovered and markets are doing surprisingly well. дальше »

2019-5-8 22:39


CME Group Posts 17% Loss in Net Income During Q1 2019, Earns Nearly $500 Million

The cryptocurrency industry has been working to establish mainstream adoption amongst institutional investors for quite some time, and there have been many companies to arise in the process. CME Group is one of those organizations, attempting to help the public to gain access to various crypto products, like the Bitcoin ETF that they are working […] дальше »

2019-5-3 05:20


Billionaire Remains Bitcoin-Drunk Despite Crypto Firm’s Insane $272 Million Loss

By CCN. com: According to a Bloomberg report, billionaire investor Mike Novogratz’s Galaxy Digital Holding Ltd. lost more than $272 million in 2018 amidst an intense crypto bear market. From January to December 2018, the valuation of the crypto market dropped from $813 billion to $113 billion by 86 percent as the bitcoin price crashed from its peak at $20,000 to $3,150. дальше »

2019-4-30 22:10


Crypto Market Maturing: Tether (USDT) Blunder Didn’t Have Any Effect on Bitcoin (BTC) Price (Yet)

Earlier this week, the crypto community was in for a shock that shook the crypto market when the New York Attorney General's (NYAG) office pursued an investigation into controversial stablecoin Tether and cryptocurrency exchange Bitfinex that allegedly tried to cover up the $850 million loss. дальше »

2019-4-29 02:26


Crypto Market Loses a Whopping $10 Billion in Wake of Tether/Bitfinex Scandal

On Thursday, the cryptocurrency market took a major hit, dropping more than $10 billion in market cap following allegations surrounding Tether (USDT). According to a press release officially published on the New York Attorney General website, iFinex Inc which is the company behind Bitfinex crypto exchange and Tether Limited, covered up a loss of $850 […] The post Crypto Market Loses a Whopping $10 Billion in Wake of Tether/Bitfinex Scandal appeared first on ZyCrypto. дальше »

2019-4-27 09:00


Bitfinex and Tether Exodus Leads to 7th Most Confirmed Bitcoin Transactions in a Day

Yesterday’s news of Bitfinex being accused by the New York Attorney General’s office of potentially covering up the loss of $850 million using Tether reserves has caused Bitcoin and the crypto market to plummet and investors to panic, not only about the diminishing value of their holdings, but over the entire integrity of the crypto. дальше »

2019-4-27 03:01


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30