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Markets Update: Crypto Prices Recover as Bitcoin Cash Leads the Charge Again
On April 25, cryptocurrency markets tumbled after the controversy between the New York Attorney General’s (NYAG) office, the stablecoin company Tether, and Bitfinex exchange. Since then, prices have slightly recovered and the entire cryptoconomy regained $4. дальше »
2019-5-1 17:45 | |
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Controversial stablecoin Tether is only 74 percent backed by cash (and other assets)
Tether’s lawyer has now admitted that the stablecoin is only 74 percent backed by cash and equivalents, according to an affidavit filed on Tuesday. In the filing, Stuart Hoegner, the company’s general counsel, said Tether held approximately $2. дальше »
2019-5-1 13:19 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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Tether Lawyer Shocker: Only 74% Backed by Cash, How Will Bitcoin React?
By CCN. com: According to an affidavit filed with the Supreme Court of the State of New York by Stuart Hoegner, the general counsel to Tether and major bitcoin exchange Bitfinex, only 74 percent of Tether’s holdings are backed by cash. дальше »
2019-5-1 23:36 | |
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Bitfinex planning Initial Exchange Offering [IEO]; expects to raise $1 billion in Tether [USDT]
Bitfinex, one of the world’s leading cryptocurrency exchanges has been the highlight of the crypto-verse following the NY AG/Tether news. It’s in the spotlight again after news broke out that it was planning an Initial Exchange Offering [IEO], with expectations of raising $1 billion in USDT. дальше »
2019-4-30 20:30 | |
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New Report Ousts Bitfinex’s Plans of Raising $1 Billion in Bizarre ‘Initial Exchange Offering’
Embattled cryptocurrency exchange Bitfinex is reportedly planning to raise $1 billion worth of Tether (USDT) in what they’re calling an ‘initial exchange offering – although it has some bizarre traits that differentiate it from other IEOs we’ve seen on Huobi and Binance in the past. дальше »
2019-4-30 05:30 | |
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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 | |
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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 | |
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Tether (USDT), A Blip and Another Opportunity For Bitcoin (BTC) Bulls
Bitcoin (BTC) shed $4 billion after NY OAG sue iFinex Tether controversy force Bitcoin liquidation The OAG of New York is after iFinex, and from their documents, officials say the Hong-Kong based exchange, BitFinex are contravening NY Laws and therefore suing them. дальше »
2019-4-26 22:00 | |
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Digitex Bitcoin Futures Exchange Set to Launch April 30, Looks to Compete with Rival BitMEX
Decrypt Media released an interesting article recently concerning the Digitex launch, which according to CEO Adam Todd, will go live on April 30. This is one year after the ICO that raised $5. 2 million took place. дальше »
2019-4-26 03:30 | |
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Binance Coin (BNB) Unable to Keep Up With A Positive Price Performance Despite The Official Launch of Binance DEX
Binance is arguably the hottest thing in the current cryptocurrency sphere. It’s also perhaps the world’s biggest crypto exchange with a 24-hour trading volume exceeding $1. 3 billion. In 2019 alone, it has made very interesting moves that have pushed BNB atop most lists of best performing altcoins in the market. дальше »
2019-4-25 23:38 | |
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Disney Could Soon Own Oldest Bitcoin Exchange in $13 Billion Equity Deal
An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney And Crypto? As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98. дальше »
2019-4-23 18:00 | |
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Tennis Legend Serena Williams Has Been Secretly Investing in Crypto Exchange Coinbase
Coinspeaker Tennis Legend Serena Williams Has Been Secretly Investing in Crypto Exchange CoinbaseIn 2014, Serena Williams launched her own investment firm - Serena Ventures, which, boasting quite an impressive portfolio of $12 billion, has quietly been investing in tens of companies including Coinbase. дальше »
2019-4-22 12:42 | |
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Bibox Exchange: Four projects to be launched in first phase of Bibox Orbit!
The cryptocurrency ecosystem is exceptionally volatile and the market is highly speculative with regards to price hikes and predictions. The winter of 2018 witnessed a period of extreme bearish outbreak when the total market capitalization of the global virtual currencies fell to $112. дальше »
2019-4-20 16:30 | |
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Bitribe ICO
Bitribe Token is the platform currency issued by the Bitribe Exchange, referred to as “BRT”, and the total amount of issuance is 1 billion, and it is guaranteed to never be issued. BRT coins are decentralized blockchain digital assets based on Ethereum Ethereum, which is bas ed on the ERC 20 standard tokens of the Ethereum blockchain. дальше »
2019-4-20 03:33 | |
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Notre Dame Fire Donations – A Terrible Reason to Burn Your Bitcoin
Over a billion dollars have been raised for the reconstruction of Notre Dame. People with deep pockets have seized the opportunity to throw their money around, and Binance refuses to miss a marketing opportunity. дальше »
2019-4-18 17:56 | |
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This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone
Bithumb, one of South Korea’s largest cryptocurrency exchanges, posted a 205.5 billion won ($180 million) net loss in 2018,… The post This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone appeared first on Invest In Blockchain. дальше »
2019-4-16 07:05 | |
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Harvard Endowment Invested up to $12.65M in Blockstack Token Sale
Harvard’s $37. 1 billion endowment fund has reportedly invested $12. 65 million in Blockstack. The New York-based blockchain toolmaker lately applied with the Securities and Exchange Commission (SEC) to raise $50 million. дальше »
2019-4-14 16:00 | |
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Uber’s IPO Filing Discloses $1.8B Loss, Raising Worries
Coinspeaker Uber’s IPO Filing Discloses $1. 8B Loss, Raising WorriesUber out-paced its rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That all could be seen from Uber’s S-1, the company has filed its IPO paperwork with the Securities and Exchange Commission on Thursday. дальше »
2019-4-13 13:16 | |
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South Korea Crypto-Exchange Bithumb Reports $180 Million 2018 Losses
South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018 and, the financial results reportedRead MoreRead More. дальше »
2019-4-12 13:00 | |
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Bithumb registers net loss of $180 million following Bitcoin’s price drop
Bithumb, one of South Korea’s largest cryptocurrency exchange platforms, reportedly turned in a net loss of 205 billion Korean Won, approximately worth $108 million in 2018, according to KoreaTimes. дальше »
2019-4-11 23:30 | |
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Bitcoin Exchange Bithumb’s Problems Pile Up with $180 Million Loss in 2018
Bithumb, which was hacked last month and later asked users to be careful about deposits, has reported a $180 million (205 billion Korean won) loss. The exchange suffers from reduced actual volume and a bear market in cryptocurrencies, according to the Korea Times. дальше »
2019-4-11 14:07 | |
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Mt. Gox: Legal Advocate Quits, Takes Massive Loss on Bitcoin Claim
Andy Pag, who founded Mt. Gox Legal, has resigned his position as leader of the group, which represents the majority of the now-defunct Bitcoin exchange’s creditors (users who still had funds on the platform at the time of its implosion. дальше »
2019-4-10 00:10 | |
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Cobinhood Exchange Complete Review 2019
With the total cap of the cryptocurrency market exceeding 400 billion dollars, the exchanges that are basically powering it are popping up left and right. Cobinhood is one such exchange that markets itself as a next-generation cryptocurrency platform. дальше »
2019-4-9 22:46 | |
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Bitcoin Exchange Bgogo Launching “Initial Exchange Offering” as IOU – Without Consent
Bgogo is an exchange which isn’t listed in the top 100 exchanges by adjusted volume. They reported an impressive $500+ million in the past 24 hours. Adjusted volume on CoinMarketCap. com discounts exchanges with no fees or that utilize transaction mining. дальше »
2019-4-9 22:32 | |
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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more
It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. дальше »
2019-4-8 11:17 | |
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Elon Musk Lost $1 Billion in a Day as Tesla Stock Crashed Amid SEC Court Showdown
Tesla CEO Elon Musk lost $1. 1 billion from his net worth yesterday morning (April 4) amid his court showdown with the Securities and Exchange Commission. In the first few minutes of trading, Tesla stock cratered as much as 11% before staging a tepid recovery by day’s end. дальше »
2019-4-6 17:10 | |
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Cryptocurrency Exchange Liquid Attains Unicorn Status after Series C Funding Round
Liquid, a Japanese cryptocurrency platform, has become only the second company in the industry to attain unicorn status, the firm reports in a recent press statement. Founded in 2014, Liquid is now worth north of $1 billion after its latest funding round. дальше »
2019-4-4 20:00 | |
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Volume of BNB, HT, OKB Perpetual Contracts reached 1 billion USD only 1 week after launch on BaseFEX
The cryptocurrency derivative exchange BaseFEX has launched BNB, HT, OKB perpetual contracts on March 28th, last Thursday, with the support of up to 20x leverage. Over 2,500 users have already traded these new contracts in the first week alone, driving the total trading volume of the 3 altcoin contracts combined to over 1 billion USD. дальше »
2019-4-4 15:30 | |
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Is Litecoin (LTC) Up Because of FOMO? Adds $2.7 Billion in 18 Hours
Litecoin gains impressive, up 47 percent Losses from CoinBase’s hot wallet insured by a $255 million cover As one of the most secure exchange, CoinBase is not taking chances. Their chief information security officer now reveals that the exchange’s hot wallet insurance policy covers $255 million just in case of losses. дальше »
2019-4-3 22:00 | |
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Crypto Exchange Liquid Claims Unicorn Status With New Funding Round
Liquid, a cryptocurrency exchange platform operated by Quoine Pte. Ltd. , has announced the first close of an ongoing, undisclosed Series C funding round which the company claims has brought its valuation “to over US$1 billion” and established itself as one of only two tech unicorns in Japan. дальше »
2019-4-3 21:50 | |
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Liquid Crypto Exchange Reaches More Than $1 Billion Valuation After Funding Round
The cryptocurrency market has a new unicorn company. Liquid has just announced that it was able to raise capital from investors at a valuation of more than $1 billion. The information has been released by Quoine on April 3, in a press release. дальше »
2019-4-3 19:30 | |
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Puerto Rico Approves Combination Bank for Fiat and Digital Assets
The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX). дальше »
2019-4-3 00:47 | |
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Mobile network as a service QLC Chain officially starts enterprise client adoption
CryptoNinjas An official announcement from Montnets Group on Shenzhen Stock Exchange, which has a market capitalization of 10 billion RMB, has released their adoption plan of QLC Chain based on Montnets Consensus, a joint venture company between the Montnets Group and QLC Chain with. дальше »
2019-4-2 21:15 | |
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Binance Exchange’s UI crashes following massive market surge
The cryptocurrency market surged on the back of a bullish wave as the entire market capitalization breached the $150 billion mark. CZ’s Binance Coin [BNB] also joined the bullish parade as Bitcoin broke multiple resistances. дальше »
2019-4-2 13:30 | |
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Down the Bitcoin March Memory Lane when BTC Surpassed $1 Billion in Market Cap for the First Time
In the present time, this week we saw popular South Korean exchange Bithumb being hacked that lost millions of EOS in a suspected insider job. A little known Singaporean cryptocurrency exchange DragonEx was also hacked for cryptocurrencies including Bitcoin, Ethereum, Litecoin and number of other tokens. Another case has been of CoinBene that involved a […] дальше »
2019-4-1 23:12 | |
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Stellar Foundation Committed To Growth, Not Price, in New Partnership
Lost in the news of Coinbase Earn’s Stellar giveaway, which will distribute over 1 billion XLM to investors in exchange for watching educational videos, is the commitment put forth by the Stellar Foundation to tackle. дальше »
2019-3-31 04:00 | |
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Lyft will IPO on Friday with an insane $24.3 billion valuation
Next week, insurgent ridesharing provider Lyft will commence its long-awaited initial public offering (IPO). An IPO marks the point when a company makes its shares available on a public stock exchange, and Lyft is releasing 32. дальше »
2019-3-29 01:42 | |
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Coinbase Earn Giving Away $50 Per Person in Stellar: Plans to Distribute 1 Billion XLM
Coinbase Earn, the exchange’s initiative that enables users to “earn crypto while learning about crypto,” has introduced support for Stellar. The company announced the news on its Twitter profile, saying that any eligible US user can learn about the Stellar protocol while earning up to $50 worth of XLM. дальше »
2019-3-28 01:11 | |
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Anti-Bitcoin Banks Paid Over $243 Billion in Fines Since the Financial Crisis
Banks are quick to label Bitcoin the money of criminals. But banks fines since the financial crisis have totaled over $243 billion. Bitcoin fines? Zero. Isn’t it time for society to open its eyes? Banks Don’t Want to Work with Cryptocurrency Companies I tried to make a small purchase from a well-known cryptocurrency exchange earlier this week. дальше »
2019-3-28 01:00 | |
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Bitmain’s $3 Billion IPO Application is Officially Dead but Dream Remains Alive
The IPO dreams of Bitcoin mining equipment giant Bitmain are over, at least for now, as its listing application which was filed on September 26, 2018 has reached the six-month expiration date. Without giving a specific date Bitmain, however, said in a blog post that it will reapply at a future date. дальше »
2019-3-26 13:36 | |
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$4 Billion Cryptocurrency Fraud Suspect Alexander Vinnik Files Appeal for Extradition to Russia
Alexander Vinnik, a Russian national suspected of orchestrating a $4 billion bitcoin fraud has lodged an appeal with a Greek court for his extradition to Russia, this according to Greek media outlet Kathimerini, March 21, 2019. дальше »
2019-3-23 10:00 | |
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Mt. Gox Gets Closer to Returning Over 141,000 Bitcoin To Its Users
Mt. Gox is in possession of over 141,000 Bitcoin and more than 142,000 Bitcoin Cash. Does this mean that users will finally get their funds back five years later? Mt. Gox Hodling Funds Worth Over Half a Billion Dollars Ever since the industry was rocked by the collapse of its biggest cryptocurrency exchange in 2014, it’s been a long and painful waiting period for users out of pocket. дальше »
2019-3-21 13:30 | |
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Volkswagen Faces SEC Lawsuit Over “Dieselgate” Scandal
German automaker Volkswagen is facing a lawsuit filed over its actions toward investors during the so-called “Dieselgate” scandal. Filed by the Securities and Exchange Commission (SEC), the lawsuit alleges that the automaker allowed investors to buy $13 billion worth of company bonds despite being aware of a growing scandal involving illegal software used to manipulate emissions’ testing results. дальше »
2019-3-21 02:41 | |
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