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Cryptocurrency Mining Firm Founder Swindles $35 Million of Investor Funds After Citing Low Profitability and Rising Expenses
The founder of a Vietnamese cryptocurrency firm has allegedly fled after swindling investors to the tune of millions, as reported by VNExpress on July 29, 2018. Millions Stolen Investors and board members of the Ho Chi Minh City-based mining company, Sky Mining, are claiming to be victims of a fraud case after the company’s founder, Le Minh Tam, went missing. дальше »
2018-7-31 09:00 | |
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Uber is killing off its self-driving truck division
Reuters reports that Uber is shuttering its autonomous freight truck division after some two years in the space. The company got started with self-driving trucks back in 2016, when it acquired Otto – a startup focused on developing aftermarket kits to allow trucks to cover long distances on freeways autonomously – for $680 million. дальше »
2018-7-31 07:17 | |
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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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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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Cryptocurrency Trading Launched by Remittance Firm Transfergo
Finance In a recent interview, Daumantas Dvilinskas, the founder and chief executive officer of Transfergo, a U. K. -based remittance firm that processes 1 million transactions each year on average, discussed the company’s decision to launch a cryptocurrency trading facility. дальше »
2018-7-28 21:45 | |
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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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Largest Wall Street Crypto Firm Lost $134 Million in Q1 2018
Galaxy Digital — a full-service digital assets merchant bank launched by ex-Goldman Sachs macro trader Michael Novogratz — took a financial beating in the first fiscal quarter of 2018. Rekt… The New York-based cryptocurrency-focused merchant bank disclosed its financial report for the first time this week, and the results weren’t great. дальше »
2018-7-27 21:00 | |
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Novogratz’s Crypto Firm Incurs $134 Million In Q1 Losses
The cryptocurrency market hasn’t had the most successful start to 2018, with prices declining by over 60%, and speculative investors leaving the market en-masse. According to a press release relayed by Business Insider, the market’s misfortune has also impacted the operation of Mike Novogratz’s cryptocurrency-centric firm. дальше »
2018-7-27 22:54 | |
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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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Mike Novogratz’s Galaxy Digital Invests $52.5 Million in BlockFi to Boost Crypto Lending
Cryptocurrency-to-USD lending platform, BlockFi announced on July 24, 2018, that it has successfully raised $52. 5 million in its latest funding round led by Galaxy Digital Ventures LLC, a New York-based asset management firm owned by Bitcoin evangelist Mike Novogratz. дальше »
2018-7-26 19:00 | |
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Ketch’up Bike Sharing Company Invests $1 Million into JPAY & CyClean Tokens
One of the most successful bike-sharing firms in Hong Kong, Ketch’up Bike, has allegedly sold a major share of its firm to hold the funds needed to take part in the Initial Coin Offering (ICO) of CyClean. дальше »
2018-7-26 09:50 | |
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U.S Court Orders Founder of Bitcoin Investment Scheme to Pay over $1.9 Million
A Colorado resident Dillon Michael Dean used his UK registered firm, The Entrepreneurs Headquarters Limited (TEH) in April 2018 to orchestrate a fraudulent bitcoin investment scheme that succeeded in generating a whopping $499,264. дальше »
2018-7-26 20:00 | |
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Reddit’s Alexis Ohanian Upholds BTC
Alexis Ohanian, a co-founder of both Reddit and VC firm Initialized Capital, upheld his $20,000 Bitcoin (BTC) and $1,500 Ethereum (ETH) forecasts for 2018 in an interview with CNBC on July 24. The VC firm, which has over $250 million assets under management, was one of U.S. crypto exchange Coinbase’s first investors. As of press дальше »
2018-7-25 18:03 | |
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[promoted] Fueling Decentralized Crypto Investments With Aenigma
For many, the complex nature of crypto investing is an unsolvable enigma. Despite the potential for great returns, many are hesitant to jump in and navigate the complexities and uncertainties inherent in this space. дальше »
2018-7-25 17:09 | |
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Operators of Fraudulent Bitcoin Firm Fined $1.9M by CFTC
Various firms related to Bitcoin and other cryptocurrencies have no honest intentions. This problem has plagued the industry for quite some time now. The CFTC recently scored a big victory in this regard, as The Entrepreneurs Headquarters Limited was forced to pay $1. дальше »
2018-7-25 17:00 | |
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Novgorod goes to the $ 52.5 million fundraising circuit for Galaxy Digital Crypto-Lending Form
Crypto-focused merchant bank Galaxy Digital has recently led a $52.5 million fundraising round for crypto-lending firm BlockFi, according a blog post by the company July 24. Galaxy Digital CEO and founder Mike Novogratz confirmed in a tweet that he is, “excited to get into the crypto lending business.” With the new round of investment, the дальше »
2018-7-25 09:26 | |
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Fortress Investment’s Mike Novogratz Drops $52.5 Million in BlockFi Crypto Startup
Mike Novogratz Invests $52. 5 Million in Crypto Startup, BlockFi In a recent announcement, it has been noted that crypto fanatic and CEO of Galaxy Digital, Mike Novogratz has invested $52. 5 million on behalf of its firm to a crypto startup called BlockFi. дальше »
2018-7-24 21:11 | |
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BlockFi Raises $52.5 Million in Round Lead by Novogratz's Galaxy Digital
Crypto-lending firm BlockFi raised $52.5 million in a fundraising round led by Mike Novogratz's Galaxy Digital. дальше »
2018-7-25 20:35 | |
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Cahrenheit Brings VeChain (VEN) Closer To 1 million+ Consumers and Over 30,000 SMEs
VeChain (VEN) Cahrenheit, an auto service inclined platform powered by VeChainThor Blockchain, is authoritatively bringing in over 1 million+ Consumers into the VeChain ecosystem through a partnership it just sealed recently. дальше »
2018-7-23 14:55 | |
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Banco Bilbao Vizcaya Argentaria (BBVA) Bank Gets Blockchain Loan of $117 Million with ACS Group
The Banco Bilbao Vizcaya Argentaria – also known as BBVA – has signed a blockchain loan with ACS Group firm. The information has been released on July the 19 by BBVA in a blog post. The main intention behind this agreement with ACS is to provide a long-term bilateral corporate loan of €100 million. This […] дальше »
2018-7-22 02:08 | |
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Former Presidential Bodyguard George Sax Hired as Blockchain Ltd Lead Security
Former Bodyguard Hired as Blockchain Ltd Lead Security Security in cryptocurrency is a top priority particularly for a company like Blockchain Ltd. The fintech firm currently manages more than 26 million digital wallets for its users. дальше »
2018-7-21 00:38 | |
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POINTS Credit Scoring Firm Gets $8 Million to Build on Ontology Blockchain
Blockchain Data Collaboration Protocol, POINTS (PTS), Raises $8 Million From Funding Recently launched credit score data platform, POINTS, is looking to build a blockchain-based protocol on the Ontology blockchain after successfully raising $8 million through crowdfunding. дальше »
2018-7-21 23:08 | |
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DCG CEO Barry Silbert Calls Out Blackrock, Says the Fund Is Wrong About Institutional Investment
Barry Silbert, founder, and CEO of venture capital firm and incubator Digital Currency Group (DCG), recently called out BlackRock CEO’s remarks about low institutional interest in cryptocurrencies. дальше »
2018-7-20 16:29 | |
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Bitcoin [BTC] mining firms join the “Unicorn” list released by Hurun Research Institute
On 18th July, Hurun Research Institute released a Q2 report of the Hurun Greater China Unicorn Index. Unicorn Index is valued at $500 million or more and it measures the share price performance of U. дальше »
2018-7-20 08:27 | |
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Quantreq Capital Markets Opens First Crypto Fund-Only Administrator & OTC Desk
Quantreq Capital Markets, LLC, has announced the launch of the first crypto fund-only administrator along with an OTC order-flow execution desk. An international provider of cryptocurrency capital market services, the firm has over $700 million in cryptocurrency hedge fund assets under administration globally including the U. дальше »
2018-7-19 13:16 | |
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90% of Canadian Company Rivemont Crypto Fund’s Assets Held by Fiat
Canada-based Rivemont Crypto Fund, run by a portfolio management firm Rivemont Investments, holds around 91 percent of its $2. 3 million of assets in fiat currency, with only 9 percent in Bitcoin (BTC), Bloomberg reported July 17. дальше »
2018-7-18 02:56 | |
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Ex-Triad Gangster Raises $750 Million in Five Minutes To Supposedly Launch Chess and Poker Tournaments
A gangster based out of Macau in China, Wan Kuok-koi “Broken Tooth,” raised $750 Million in an Initial Coin Offering (ICO) has partnered with an undisclosed Beijing-based firm to back chess and poker tournaments. дальше »
2018-7-18 22:00 | |
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Bithumb Crypto Exchange Set to Establish Japan and Thailand Subsidiaries
Bithumb to Establish Subsidiaries in Japan and Thailand Bithumb, one of the most prominent digital currency trading platforms in South Korea, is expanding operations into Japan and Thailand. As of now, Bithumb averages a daily trading volume of $360 million, making it the second largest exchange in South Korea. For some time now, the firm […] дальше »
2018-7-16 21:05 | |
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Malta-based STASIS Launches New Euro-Backed Stablecoin
Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end. дальше »
2018-7-16 19:46 | |
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Broken Tooth’ Wan Kuok-koi’s HB Token ICO Raises $750+ Million In 5 Minutes
Wan Kuok-koi, also known as Broken Tooth, teamed up with a Chinese firm so as to fund poker and chess tournaments. The former gangster continued to sell his HB token in Thailand and the Philippines. дальше »
2018-7-16 10:31 | |
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Ex-Macau Gangster’s ICO Raises $750 Million in Under Five Minutes
Wan Kuok-koi, a former Macau triad also known as “Broken Tooth”, has teamed up with a Chinese firm to fund chess and poker tournaments in the Asian country. According to reports, Wan’s ICO for “HB” tokens was able to accrue $750 million in less than five minutes. дальше »
2018-7-15 15:00 | |
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Former Macau Triad Gangster’s ICO Raises $750 Million in Five Minutes for Cryptocurrency-Backed Poker Tournaments in China
Former Macau Triad Gangster, Wan Kuok-koi, is reported to have raised $750 million in less than five minutes from an ICO for his new HB cryptocurrency. According to the South China Morning Post, Wan, also known as “Broken Tooth”, has partnered with a mysterious Beijing firm called Zhonggongxin Cosmos Internet Technology Limited to create a cryptocurrency designed to […] дальше »
2018-7-15 05:09 | |
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Former Macau Triad Gangster’s ICO Raises $750 Million in Five Minutes for Cryptocurrency-Backed Poker Tournaments in China
Former Macau Triad Gangster, Wan Kuok-koi, is reported to have raised $750 million in less than five minutes from an ICO for his new HB cryptocurrency. According to the South China Morning Post, Wan, also known as “Broken Tooth”, has partnered with a mysterious Beijing firm called Zhonggongxin Cosmos Internet Technology Limited to create a cryptocurrency designed to… The post Former Macau Triad Gangster’s ICO Raises $750 Million in Five Minutes for Cryptocurrency-Backed Poker Tournaments in China appeared first on UNHASHED. дальше »
2018-7-15 23:51 | |
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Everything You Need to Know About Kris Marszalek’s MCO Visa Cards
Kris Marszalek, who is the CEO and co-founder of blockchain-powered startup firm Crypto. com, announced the launch of the MCO Visa card. The card will enable users to spend digital coins at more than 40 million places. дальше »
2018-7-14 16:34 | |
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After Generating Sales of $52 Million in 2017, Cryptocurrency Wallet Ledger is Primed for More Glory
Succeeding at plugging the leakages associated with cryptocurrency storage, a menace which has left many cryptocurrency investors in enormous losses to cyber fraudsters, Ledger, the highly reputed hardware wallet manufacturer is on the verge of becoming a cryptocurrency unicorn. дальше »
2018-7-13 12:00 | |
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Israeli Programmer Asks For $50 Million In Crypto For Pegasus iPhone Spyware, Caught On Dark Web
A lead programmer which worked for the Israeli cybersecurity firm NSO Group has recently been arrested after illegally trying to sell the Pegasus iPhone malware, a top secret spyware. The man has tried to sell the malware on the dark web in exchange for $50 million USD worth of cryptocurrency. A report from the local […] дальше »
2018-7-12 11:25 | |
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Will Blockchain Boom in Israel’s Version of Silicon Valley? $100m Investment Fund Created
Benson Oak, an investment bank from the Czech Republic, has created a new Israel-dedicated fund. The firm said, on Sunday, July 8, that it had secured $25 million out of the $100 million total investment. дальше »
2018-7-11 15:54 | |
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Tech giant investors bust ledger for selling over $1m. wallets in 2017.
Ledger, one of the leading security-focused hardware wallet suppliers, has sold more than one million hardware crypto wallets in 2017, earning a profit of $29 million, the firm said in an interview with Forbes July 9. дальше »
2018-7-11 06:52 | |
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CBOE Files with SEC for Bitcoin ETF
The United States Securities and Exchange Commission (SEC) is examining an application from the Chicago Board Options Exchange (CBOE) Global Markets which, if approved, could grant the company a coveted bitcoin ETF license, and bring new waves of institutional investors to the bitcoin arena. дальше »
2018-7-10 02:38 | |
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Benson Oak to Invest $100 Million Into Israeli Blockchain Technology
Investment firm Benson Oak Capital announced Sunday, July 8, that the company would be investing $100 million into Israel-based startups using blockchain technology. According to reports from the Jerusalem Post, Benson Oak has already raised $25 million and is planning to raise an additional $75 million. дальше »
2018-7-10 21:56 | |
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