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Crypto News Weekly - 04.08.2018 - Crypto Users Gamble on Trump Assassination, Sky Mining CEO Runs with $35M
Crypto users bet on assassination date for Trump, Ripple with Bill Clinton and Madonna, new exchanges under scrutiny again, Vietnamese CEO absconds with $35 million.
дальше »2018-8-6 08:55 | |
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CryptoGlobe Interviews John McAffe, Discusses Bitfi Wallet Hack Bounty and The Future of Crypto
Cryptoglobe released an exclusive interview with founder of McAfee Associates and endorser of the ‘unhackable’ Bitfi wallet, John McAfee, to discuss recent controversy circling the $250,000 Bitfi hacking bounty and the future of cryptocurrency. дальше »
2018-8-4 06:45 | |
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Handshake: A Sensible Root Authority Service
Handshake (HNS) is giving away $100 million in crypto to help with the global launch of the replacement system of root authority servers for the internet architecture. Are Current Root Certificate Authorities Secure? Nope. дальше »
2018-8-4 05:39 | |
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John McAfee Discusses Bitfi Wallet Hack Bounty and the Future of Crypto
Cryptoglobe released an exclusive interview with founder of McAfee Associates and endorser of the ‘unhackable’ Bitfi wallet, John McAfee, to discuss recent controversy circling the $250,000 Bitfi hacking bounty and the future of cryptocurrency. дальше »
2018-8-4 01:00 | |
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Intercontinental Exchange to Introduce Bakkt, a Crypto Payment System for Retailers
This November, cryptocurrency users will be introduced to Bakkt, a new company designed to give millions of retail merchants the chance to buy, sell and trade digital currencies — and even buy a cup of coffee. дальше »
2018-8-4 00:38 | |
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Why Major Crypto Exchange OKEx Controversially Used User Funds to Liquidate Bitcoin Contract
OKEx, the second biggest crypto exchange by daily trading volume, officially announced the decision to engage in a forced liquidation to settle a massive long contract. On July 31, 2018, a user with the ID 2051247, the largest individual holder of Bitcoin and Ethereum on the platform, entered a long position worth $460 million. дальше »
2018-8-4 00:00 | |
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On a Path to Recovery: Bithumb Reopens Deposits and Withdrawals
Following a disastrous security breach in June that led to losses of more than $30 million, Korean cryptocurrency exchange giant Bithumb has announced that it is set to resume deposit and withdrawal services on its platform. дальше »
2018-8-4 21:48 | |
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Mt. Gox Releases Update for Civil Rehabilitation Plan
Lawyers representing defunct Japanese Bitcoin exchange Mt. Gox have released new updates to the company’s civil rehabilitation plan which highlight important new details regarding its creditor reimbursement strategy. дальше »
2018-8-4 20:38 | |
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SBI Invests $9 Mln in Cryptocurrency Derivatives Platform
Global investment firms and cryptocurrency exchanges are rushing to develop new digital asset markets in preparation for impending regulations. Announced on July 31, 2018, SBI Holdings invested $9 million in Clear Markets to create a cryptocurrency derivatives trading platform. дальше »
2018-8-3 18:00 | |
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Square Processes More Than $71 Million in Bitcoin Transactions in 2018
Square Inc’s quarterly earnings report shows that the company is processing more Bitcoin transactions each quarter, though the growth is slow. According to the report recently submitted to the US Securities and Exchange Commission, the company reported revenue from Bitcoin at over $71 million in the first half of 2018. дальше »
2018-8-3 15:56 | |
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Bithumb Resumes Deposits, Influx of Capital Expected
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling victim to a major security […] дальше »
2018-8-3 10:06 | |
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Australian Coinjar Launches Country’s First Crypto Index Fund Available to Wholesale Investors.
The fund is currently available for wholesale investors who have obtained an accountant’s certification that they have net assets of at least AUD$2. 5 million or a gross income of AUD$250,000 for each of the last two years. дальше »
2018-8-3 09:45 | |
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Australian Coinjar Launches Country’s First Crypto Index Fund Available to Wholesale Investors
The fund is currently available for wholesale investors who have obtained an accountant’s certification that they have net assets of at least AUD$2. 5 million or a gross income of AUD$250,000 for each of the last two years. дальше »
2018-8-3 09:45 | |
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Australian State Government Invests $8.3 Million in Crypto Tourism Startup
Queensland, an Australian province, has devised an effort to promote tourism to its state. The project, called Advance Queensland Ignite Ideas, will be funded by an $8.3 million grant. The project will then issue the funds to participating organizations who aim to fulfill the state’s goal of increasing tourism. Interestingly enough, Queensland is being creative […] дальше »
2018-8-3 09:09 | |
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$100 Million in Crypto to be gievn away to VC’s Back Plan
The investors combined to purchase 7.5 percent of the protocol at a $136 million valuation. The key difference here, however, is that this figure is more relative than usual – in the case of Handshake, there won’t be any entity to support (or value) beyond the protocol. As such, Poon framed Handshake as a project дальше »
2018-8-3 23:23 | |
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Crypto to Benefit from Queensland’s AU$8.3 Million Innovation Fund
The Queensland government is stepping up efforts to put the country in the lead in the global race on blockchain and cryptocurrency. The state, with nearly five million people, has announced an investment plan of AUS$8. дальше »
2018-8-3 23:00 | |
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BitMart’s Mission X: Over 7 Million BMX Funded on the First Day
BitMart Exchange kicked off the official launch of Mission X: The Community Listing Market, a new program that will spark innovation for the blockchain industry with 9 projects joined and 4 already qualified for listing on the first day. дальше »
2018-8-3 22:00 | |
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This Company’s Stock Rose Over 500% Just By Adding ‘Blockchain’ To Their Name
If you own a small business and want to spike the price of your stock, just stick blockchain in your name, because apparently it works. According to reports out this afternoon, Long Island Tea Corp, a company that produces bottles of flavoured iced tea, decided to change their name to ‘Long Blockchain Corp’ in December 2017. дальше »
2018-8-2 18:30 | |
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Some Merchants Are Doing $10 Million a Month in Bitcoin Payments Says BitPay’s Sonny Singh
“Bitcoin is actually working,” says Sonny Singh, BitPay’s COO, in an interview with a China based crypto media. He said BitPay processed $1. 2 billion worth of bitcoin payments last year. дальше »
2018-8-3 17:11 | |
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As inflation goes stratospheric, Venezuelans take to the crypto markets
It is a commonly (but not universally) known fact that the ultimate supply of Bitcoin is capped at 21 million. Unfortunately the same cannot be said for the Venezuelan Bolivar, which is going through a period of currency debasement every bit as bad as the events in Weimar Germany which brought Hitler to power. As […] дальше »
2018-8-2 16:00 | |
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$5 Million Lost Through SIM Card Bitcoin Scam
Reports out today suggest that a 20 year old student from Boston in the United States has been arrested after being accused of involvement in a cryptocurrency scam that is alleged to have seen the theft of $5 million worth of Bitcoin after hacking the phone numbers of more than 40 cryptocurrency traders and investors. дальше »
2018-8-2 16:00 | |
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Ripple partner SBI Holdings enters cryptocurrency derivatives market with new investment
SBI Holdings announced recently that they completed an investment round in Clear Market Holdings through their Crypto Investment arm, which leaves them with 12% ownership in the company. Even as the price was not disclosed, reports place the figure somewhere close to 1 billion Yen, or $9 million. дальше »
2018-8-2 10:23 | |
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Japanese Public Company Offering Loans Secured by BTC, BCH, ETH
A Japanese company listed on the Tokyo Stock Exchange is offering loans secured by three cryptocurrencies: BTC, BCH, and ETH. Clients can borrow up to 300 million yen (~$2. 7 million) at varying interest rates. дальше »
2018-8-2 00:50 | |
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Bloomberg Reports Even At Its Least Volatile Nobody Is Spending Bitcoin
Many argue (including ourselves) that when Bitcoin volatility drops, it will become far easier to spend and thus, more adoptable. Now, Bitcoin volatility is hardly down at the moment, but we can say that volatility has decreased somewhat. дальше »
2018-8-2 23:00 | |
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Sky Mining CEO Fleas To The US With $35 Million In Assets
A Vietnamese CEO working for a cryptocurrency mining company has stolen $35 million worth of company and investor assets and fled the country. Le Mihn Tam went underground on Monday last week and hasn’t been seen since. дальше »
2018-8-1 11:18 | |
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Radar Relay token exchange app raises $10 million for further development
After completing the beta phase of development in June, Radar Relay, a wallet-to-wallet crypto trading app finished last month announcing some positive news for further development. Radar Relay confirmed the other day the completion. дальше »
2018-8-1 10:12 | |
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Interview With eToro CEO: Some Institutions Already Broke Into Crypto Market
Yoni Assia, the CEO of eToro, a major multi asset brokerage firm with more than eight million active users, has said in an exclusive interview with NewsBTC that some institutions have already broken into the crypto market. дальше »
2018-8-1 09:30 | |
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Student Faces Charges for Stealing $5 Million in Crypto via “SIM Jacking”
Motherboard has reportedly obtained court documents pertaining to the arrest of Joel Ortiz, a 20-year-old from Boston, who is accused of stealing $5 million USD in bitcoin and other cryptocurrencies. дальше »
2018-8-1 03:29 | |
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Scalar Capital Crypto Investment Firm Gets Funds From Marc Andreessen And Chris Dixon
Cryptocurrency investment firm Scalar Capital recently raised money from new, high-profile investors. After raising $8 million in a funding round in January, the company attracted new investments from Marc Andreessen and Chris Dixon. дальше »
2018-7-31 20:05 | |
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Interest in Philippines Economic Zone Crypto License Increases – 17 Firms Paid in Full
Regulation The Philippines government-owned Cagayan Economic Zone Authority (Ceza) is in the process of issuing more crypto licenses. Interest for the license by offshore companies “surpassed all our expectations,” Ceza administrator said. дальше »
2018-7-31 14:34 | |
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Coinfirm Reports $542+ Million Stolen From Crypto Wallets, Offers User Protection Service
Over $500 Million Stolen: Coinfirm Creates Solution Against Rising Theft from Crypto Wallet. Coinfirm, a global blockchain regtech leader, has created technological solutions to identify where were monies stolen from crypto wallet are transferred to, a solution that will potentially minimize the rise of stolen crypto assets. In the first quarter of 2018 the estimated […] дальше »
2018-7-31 12:38 | |
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CEO of Crypto Mining Company in Vietnam disappears $ 35 million in investor financing
This time we have a news coming from Vietnam as the CEO of a crypto-mining firm Sky Mining is said to have alleged fled away taking $35 million of investor and company funds, reports local media publication VNExpress. дальше »
2018-7-31 11:48 | |
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Novogratz’s Crypto Bank will begin trading on Toronto Stock Exchange starting August 1
According to the latest report from Bloomberg, Mike Novogratz’s cryptocurrency merchant bank Galaxy Digital is all set to trade on the Toronto’s TSX Venture Exchange from the 1st of August, 2018. Earlier this year in February, CoinSpeaker reported that the Galaxy Digital merchant bank had raised $250 million. This was just the time then when дальше »
2018-7-31 10:21 | |
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CEO of Vietnam’s Crypto Mining Firm Disappears Taking $35 Million in Investor Funds
Tam earlier said that he disappeared to protect his life, but later claimed that he is undergoing a medical treatment and would soon come back to return investor's funds. The post CEO of Vietnam’s Crypto Mining Firm Disappears Taking $35 Million in Investor Funds appeared first on CoinSpeaker. дальше »
2018-7-31 10:08 | |
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CabbageTech’s Patrick McDonnell $11 Million Cryptocurrency Scam Details
The $11 million scam: How Patrick McDonnell's one-man crypto scam will cost him dearly Patrick McDonnell, the one-man band behind CabbageTech, must have believed himself to be the cryptocurrency world's Frank Abagnale after setting up the company which scammed a large number of investors out of their Bitcoin in exchange trading advice. While McDonnell must […] дальше »
2018-7-31 09:05 | |
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Interest in Philippines Economic Zone Crypto License Spikes – 17 Firms Paid in Full
The Philippines government-owned Cagayan Economic Zone Authority (Ceza) is in the process of issuing more crypto licenses. Interest for the license by offshore companies “surpassed all our expectations,” Ceza administrator said. дальше »
2018-7-31 08:45 | |
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What is crypto done in the meeting?
The CEO of Vietnamese cryptocurrency mining firm Sky Mining has reportedly disappeared with investor and company funds worth an alleged $35 million, local media outlet VNExpress reported July 29. According to VNExpress, Sky Mining CEO Le Minh Tam disappeared a week ago, appearing to organize a cleanout of company assets. Tam told investors to go дальше »
2018-7-30 18:50 | |
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How Olaf Carlson Wee’s Fund Transformed $4 Million to $1 Billion in Crypto
While you may not have heard of him, Olaf Carlson-Wee has joined the ranks as one of the foremost crypto entrepreneurs, managing a $1 billion crypto-centric investment fund. From Lumberjack To “Crypto OG” Olaf Carlson-Wee’s passion for cryptocurrencies started at a young age, as the now 28-year-old wrote his college thesis on Bitcoin. дальше »
2018-7-30 13:22 | |
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IW Capital Survey Shows 3 Million UK Crypto Investors Used Exchange Trading Platform
Few Brits Ask For Advice When Investing In Crypto Via Exchange A recent study found that to date, three million British people have invested in crypto exchanges, but just about five percent of them have received advice from professionals. дальше »
2018-7-30 22:55 | |
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Huobi Informs Users on Decision to Launch P2P Trading in India
Following several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee. дальше »
2018-7-29 17:47 | |
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