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European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users

2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1. 4 million and company executives claim that they do not have the money to repay customers. Chief executive officer Ramon Ferraz Estrada said over the course of several tweets on Monday that the breach of July 31 affected crypto investment accounts and exposed user […] The post European Bitcoin Exchange Hacked for $1. дальше »

2020-8-4 07:03


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Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe

Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2. 1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations of falsifying accounts and market manipulation. дальше »

2020-6-26 00:30


Crypto Payment Processor BitPay Sees More Use in Stablecoins than Layer-2 Solutions

Bill Zielke, BitPay’s Chief Marketing Officer, revealed on Thursday this week that the company was not planning to integrate the layer 2 Bitcoin channels. Bill explains that Bitcoin transactions dominate the customers’ preference hence no rush to switch despite the fees reaching highs of $7 after a 256% spike earlier in the month. The company […] дальше »

2020-5-30 22:47


After The Crypto Price Crash During COVID-19, BTC Mining Hash Rate Has Regained 34%

A North American Bitcoin mining operator Bitfarms shared that they continued to mine BTC despite the violent sell-off triggered by investors' fear over the COVID-19. Interim CEO and Chief Strategy Officer, Emiliano Grodzki said, “We are pleased to see that, despite the challenges to traditional markets, our scale and quality of operations has allowed us […] дальше »

2020-4-8 21:28


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Market Pundit Posits Speculative Trading As a Key Factor in Bitcoin and Altcoins Bull Rally

Insane speculative trading has been the driving factor in the crypto assets valuation growth, this is according to the chief investment officer at Bleakley Advisory Group, Peter Boockvar. According to him, pure speculative trading has been the driving force in most high-end stocks, even as the market indicates a ‘late-cycle’, and has also been the […] дальше »

2020-2-24 01:05


Ex OKEx COO To Launch Crypto Derivative Exchange ACDX By Mid-Year, Seeking $40M Raise

Andy Cheung who served as the chief operations officer (COO) at renowned crypto exchange firm OKEx, is aiming at raising $40 million to roll on his own crypto derivatives exchange, CoinDesk reports. The outlet reports that Cheung is planning to raise the funds through selling tokens as well as equity investment mostly in the crypto […] дальше »

2020-2-7 21:18


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Google Executive From India Joins Coinbase as Chief Product Officer

A Google executive from India has joined Coinbase as the new chief product officer after 11 years at Google. He aims to help Coinbase make cryptocurrency mainstream. “I am excited about what crypto and blockchain technology can do to democratize our financial systems,” the executive said, citing his experience growing up in India and the […] The post Google Executive From India Joins Coinbase as Chief Product Officer appeared first on Bitcoin News. дальше »

2020-1-31 15:00


Circle CEO to Testify Before Senate on Crypto Regulation

Circle Chief Executive Officer Jeremy Allaire will be the sole crypto-industry representative to testify next week before the Senate about the need for clear regulation for digital assets. The hearing—titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain”—follows extensive Senate hearings on Facebook’s Libra; it also comes дальше »

2019-7-27 19:49


‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto

Blockstream chief strategy officer Samson Mow pulled no punches with Facebook’s much-hyped crypto, Libra. He is not the first industry insider to criticize the planned crypto launch, both industry experts and lawmakers are voicing concerns over the security of the open-source currency, and the potential censorship issues that come from the way it is being […] The post ‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto appeared first on CCN Markets дальше »

2019-7-18 13:27


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Stop Waiting for Altcoin Season, Arca’s Jeff Dorman Says

The altcoin season might never come again to repeat a 2017-ish rally at the expense of Bitcoin, according to Jeff Dorman, chief investment officer at blockchain-oriented asset manager, Arca.   Crypto’s Natural Selection Will Hit Many Altcoins On Monday, Dorman, who is certified by the CFA Institute, started a thread on Twitter, questioning the grounds for an upcoming “alt season. дальше »

2019-7-3 13:00


Judgment Day: Crypto-Shilling Church Pays Price for OneCoin Scam Link

By CCN Markets: Judgment day has arrived for a Samoan church that New Zealand authorities say has damning links to the notorious OneCoin cryptocurrency scam. New Zealand, Samoa Target Church Over OneCoin Crypto Scam According to Radio New Zealand, New Zealand’s Department of Internal Affairs is investigating the Auckland branch of the Samoan Independent Seventh Day Adventist Church (SISDAC) over investments it made in OneCoin. дальше »

2019-6-15 21:34