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Ethereum to Spend an Eye Popping $30 Million as Price Hits Its Stride
By CCN: The Ethereum Foundation announced it is committing $30 million over 12 months as it continues to build Ethereum 2. 0. The nonprofit is spreading the funds “on key projects across the ecosystem” with a focus on Ethereum 2. дальше »
2019-5-22 07:20 | |
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Tether Partly Backed by Bitcoin, Court Transcription Reveals
Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets. дальше »
2019-5-22 23:02 | |
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Nabbed! SEC Reels in $30 Million Alleged Diamond-Backed Crypto Scam
By CCN: The U. S. SEC has secured a court order to stop an alleged diamond-backed Ponzi scheme estimated to be worth around $30 million. The securities regulator outlined how more than 300 investors were fleeced into handing over funds to Florida-based Argyle Coin LLC. дальше »
2019-5-22 22:30 | |
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Dutch Man Arrested for $111 Million Fake Mining Scheme
On March 21, 2019, Dutch news outlet NL Times reported that “Berry van M. ,” a 33-year-old Dutch businessman and the operator of now-defunct trading platform Koinz Trading, has been arrested on charges of deceiving investors with a bogus bitcoin mining scheme. дальше »
2019-5-21 19:56 | |
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Bitcoin Exchange Kraken Raises $6M Equity Funding In 2 Days
US bitcoin and crypto exchange Kraken has raised over $6. 5 million in a matter of days as part of a new equity sale, data has revealed. Kraken Fundraiser Hits $6. 55M According to a fundraising page on BnkToTheFuture, which Kraken is using to gather the funds, investors have already contributed €5. дальше »
2019-5-21 12:00 | |
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During Bullish April, Fiat-to-Crypto Exchanges Outperform Crypto-to-Crypto
In its April 2019 Exchange Review, released on May 20, 2019, London-based crypto data analysis firm CryptoCompare found that fiat-to-crypto exchanges performed much better than crypto-to-crypto platforms did over the last month, as cryptocurrency prices rose across the board. дальше »
2019-5-21 20:48 | |
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Cryptopia hack: Over $7 million worth of Ethereum [ETH] transferred by hacker to unknown wallet
The New Zealand cryptocurrency exchange, Cryptopia, which fell to its doom due to a security breach that occurred earlier this year, continues to stay in the headlines. The attacker, who almost drained the exchange’s entire Ethereum wallets, has been transferring the stolen funds since the beginning of the day. дальше »
2019-5-20 20:32 | |
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Cryptopia’s Stolen Ethereum Funds to the Tune of 30,000 ETH Moves to Mysterious Wallet
Earlier in the year, Cryptopia – a cryptocurrency exchange based in New Zealand – was a victim of multiple hacks which caused the firm to lose over $16 million worth of Ether. The event, at the time, rendered Cryptopia inactive for a while until it resumed functionality later. Now, the firm is back in the […] дальше »
2019-5-20 18:50 | |
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BitMEX insurance funds bumps up by $5.5 million after Bitcoin recent crash
The recent crash of Bitcoin sent waves across crypto Twitter and there was widespread panic as enthusiasts half expected a major market crash. While some panicked, others remained calm and assessed the situation. дальше »
2019-5-18 16:30 | |
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Op Ed: A Summary of
In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants. дальше »
2019-5-18 22:14 | |
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Binance hack: Scammers luring people into buying ‘discounted stolen Bitcoins [BTC]’
The world’s largest cryptocurrency exchange, Binance, was attacked on May 7, and hackers stole 7,000 Bitcoins [BTC] worth $40 million. The Chief Executive Officer of Binance, Changpeng Zhao or CZ, proactively took care of the situation and shut deposits and withdrawals on the exchange, which were later resumed on May 16. дальше »
2019-5-17 16:30 | |
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Brave Browser Reportedly Seeks to Raise Up to $50 Million in Series A Equity Round
Coinspeaker Brave Browser Reportedly Seeks to Raise Up to $50 Million in Series A Equity RoundIt is said the privacy-centric web browser Brave will try to gather a new portion of funds for its growth in the nearest future. дальше »
2019-5-17 11:54 | |
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Sources Whisper Brave Web Browser Is Ready To Attract $30 Million In Funding Round
The recognized and popular web browser Brave could be trying to gather a larger amount of funds in the near future. The firm has already launched $35 million in less than a minute in 2017 but the intention is to keep expanding and growing with more funding. дальше »
2019-5-17 05:23 | |
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Don’t Lose Your Crypto! 3 Ways DEXs Keep Your Funds Super Safe
By CCN: The recent Binance hack was a rude wake-up call to the entire crypto community. Some 7,000 bitcoins worth more than $40 million were taken from the centralized exchange. While crypto exchange hacks are nothing new, the Binance security breach was particularly shocking because the platform managed to attain a high level of confidence from the community. дальше »
2019-5-16 01:30 | |
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Tether and Bitfinex Ask New York Attorney General for Fund Accessibility
Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens. дальше »
2019-5-16 18:51 | |
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Grayscale Reports $3.2 Million Average Weekly Investments in Bitcoin Trust
The first quarter of 2019 was bullish for the digital asset management firm Grayscale Investments and the company is gearing up to have another run. According to a first quarter “Digital Asset Investment Report” from the company, published on May 13, 2019, product inflows from Grayscale Investments grew by 42 percent over Q4 2018. дальше »
2019-5-15 19:23 | |
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Crypto Hedge Funds Bought the F**king Dip During 2018’s Bitcoin Crash
By CCN: It seems bitcoin’s epic 72 percent price fall in 2018 didn’t deter wealthy investors. Crypto hedge funds reported a three-fold increase in assets under management (AuM) in 2018 despite the bear market. дальше »
2019-5-15 15:48 | |
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Hedge Fund Bitcoin Buying Spree Accelerated 2400% in Q1: Grayscale
By CCN: The bitcoin price enjoyed a wildly-bullish start to 2019, and the flagship cryptocurrency’s winning streak shows no signs of letting up anytime soon. Hedge Funds Headline 42% Increase in Grayscale Inflows While cryptocurrency remains a retail-dominated market, data from investment firm Grayscale reveals that institutional investors continue to ramp up their exposure to the asset class. дальше »
2019-5-14 20:20 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Billionaire Binance CEO Apologizes for Bitcoin Blockchain ‘Reorg’, a Dirty Word
By CCN: Binance has posted an update about the security breach which cost the exchange around $40 million worth of bitcoins. Binance CEO Throws Dirty Words Like “Reorg” The message is a personal message from CEO Changpeng Zhao, who makes a few confessions during the post. дальше »
2019-5-10 16:36 | |
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A Group of Major Crypto Traders Reportedly Considers Scammer Blacklist
Several major cryptocurrency traders have reportedly begun discussing plans to enact an industry-wide blacklist of suspicious actors, to stem the tide of scams, theft and fraud in the crypto space. дальше »
2019-5-10 15:52 | |
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Binance transfers USDT worth $8 million to new cold wallet after recent hack
On April 09, 2019, 12:35 UTC, Binance transferred a total of 8 million Tethers [USDT] to their new cold wallet. Binance’s recent hack cost the exchange 7000 BTCs worth $40 million. CZ tweeted, Again, we will be moving some ERC20 USDT to a new cold wallet. дальше »
2019-5-10 03:00 | |
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More than 7,000 Bitcoin stolen from Binance moved to seven BTC addresses
The attackers that stole over $41 million in Bitcoin from Binance have been erratically moving the funds from one address to another. However, as of May 9th, all of the funds have been consolidated into just seven addresses, each one holding around 1,000 bitcoins. дальше »
2019-5-10 23:21 | |
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Binance Hack Attacker Moves Stolen Bitcoin To Seven BTC Wallet Addresses
Binance Attacker Moves Stolen Bitcoin To Just Seven Addresses The cryptocurrency exchange Binance was hacked a few days ago and lost 7,074 Bitcoin (BTC) worth $40 million at the time of the attack. The hacker seems to be moving the fund to other addresses in an attempt to withdraw or obfuscate the funds that it […] дальше »
2019-5-9 20:46 | |
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Buffett’s Berkshire Scammed Out of Staggering $340 Million by Solar Ponzi Fraud
By CCN: Berkshire Hathaway, the multinational corporation led by billionaire Warren Buffett, posted a $377 million first-quarter charge for investment losses related to a solar Ponzi scheme. Berkshire invested $340 million in Ponzi scheme Berkshire made the disturbing revelations in a regulatory filing during its annual shareholders meeting last weekend. дальше »
2019-5-9 18:16 | |
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Binance Hackers Stole Only Bitcoin For This One Important Reason
Hackers stole $40 million in Bitcoin from cryptocurrency exchange Binance specifically because they trusted it most. ‘Bitcoin Ledger is the Most Immutable’ That was the conclusion circulating among the cryptocurrency community May 8 in the days after one of the world’s biggest trading platforms accepted it was unlikely to recover the funds and would need to repay users out of its own pocket. дальше »
2019-5-9 18:00 | |
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Bitfinex users unable to withdraw funds, $430 million drained from exchange cold wallets
An ongoing investigation into iFinex Inc. seems to have caused an exodus of traders out of Bitfinex. An increasing number of users report issues with withdrawing funds from the platform. Moreover, approximately $430 million worth of Bitcoin and Ethereum have exited the exchange’s cold wallets. дальше »
2019-5-9 17:35 | |
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After a 315 Percent Explosion, Ripple Inc Partner Receives a $3.4 Million Funding, customers exceed 1 million
Seven months after their partnership with Ripple Inc, TransferGo now has more than one million customers and recently received $3. 4 million in Serie B funds The post After a 315 Percent Explosion, Ripple Inc Partner Receives a $3. дальше »
2019-5-9 17:21 | |
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Ransomware Crooks Cashed Out $16 Million from Defunct Bitcoin Exchange: Google Research
By CCN: In the two years leading up to 2018, a spate of ransomware attacks were analyzed in a report by a team of researchers hailing mostly from leading U. S. universities and Google. Results showed a conservative estimate of total funds stolen to be $16 million, with bitcoin providing a way for malicious actors to take payment from anywhere in the world. дальше »
2019-5-9 11:50 | |
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Bitfinex Alleged $850M Fraud Now Wants To Raise $1B For Its Token
Following the controversy that Bitfinex allegedly used illicit funds to cover $850 million in losses, which it, along with… The post Bitfinex Alleged $850M Fraud Now Wants To Raise $1B For Its Token appeared first on Invest In Blockchain. дальше »
2019-5-9 10:39 | |
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Bitfinex Releases White Paper for LEO Token Sale
Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO). дальше »
2019-5-8 18:33 | |
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Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering
Zhao Dong, one of China’s biggest OTC traders, recently published a marketing document detailing iFinex Inc. plans to conduct an initial exchange offering (IEO), aiming to raise $1 billion. The move follows a probe led by the attorney general of the State of New York, which revealed the apparent loss of $850 million in funds […] The post Exploring Bitfinex’s emergency plan: a $1 billion initial exchange offering appeared first on CryptoSlate. дальше »
2019-5-8 17:09 | |
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Defiant Binance CEO Insists ‘We Aren’t Short on Funds’ after $40 Million Hack
By CCN. com: Binance CEO Changpeng Zhao says that the exchange is not hurting at all after the $40 million hack that reportedly took place earlier today, in which hackers managed to withdraw around 7000 BTC. дальше »
2019-5-8 08:23 | |
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Breaking: Binance exchange gets compromised; 7000 BTC worth $40 million withdrawn by hackers
Binance’s official blog spoke about a security breach in Binance that allowed hackers to get away with 7000 BTCs, a large number of user API keys, 2FA codes, and potentially other info. The blog further added that the targetted attack was on a hot wallet and that only 2% of the total funds in that wallet […] The post Breaking: Binance exchange gets compromised; 7000 BTC worth $40 million withdrawn by hackers appeared first on AMBCrypto. дальше »
2019-5-8 03:48 | |
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Wife of Craig Wright Apparently Loses $3 Million Worth In Bitcoin (BTC) Due to Futures Trading
Craig Wright’s wife, Ramona Ang, loses $3 million by gambling with Bitcoin futures. Ang claims that the funds in question were made in 2017, and that the platform refused to hand over her profits. Craig Wright has not had much of a good reputation in the crypto industry lately, with just his attachment to Bitcoin […] дальше »
2019-5-8 03:38 | |
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Binance Hacked: Bitcoin Exchange Suffers $40 Million Security Breach
By CCN: Binance, the No. 1 cryptocurrency exchange based on trading volume, has been hacked. Changpeng “CZ” Zhao, who is at the helm of the exchange, made the announcement on Twitter after previously sharing that “unscheduled server maintenance” was unfolding. дальше »
2019-5-8 03:27 | |
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Gate.io Launches Four Initial Exchange Offerings, Secures Over $64 Million USD For Gatechain Token
Gate. io Launches Four IEOs After Raising Over $64 Million USD On The Platform’s Token Sale As the market for initial coin offerings fade away and the initial exchange offerings take over, investors are pouring in funds to most of these projects. дальше »
2019-5-8 23:54 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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Bitcoin Traders Don’t Give a F**k About Tether’s Black Swan Scandal
By CCN: After New York alleged that industry giant Bitfinex had potentially committed fraud with its handling of the Tether cryptocurrency, one might have expected Bitcoin traders to initiate a mad rush for the exit. дальше »
2019-5-7 23:00 | |
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Monday Morning Whale Watching Sees Over $37 Million Worth Of BTC Moved to Unknown Wallet
This Sunday it was found out that 6,567 BTC were transferred from an unknown wallet. Even the receiver's wallet is unknown. We can see from the above graph that the wallet was completely drained out of funds. дальше »
2019-5-6 18:24 | |
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Jared Polites Alleges Fraud And Breach Of Contract With Alchemy Finance
Jared Polites is an experienced marketer working with blockchain companies, VC funds, and early-stage tech startups. Since 2017, the companies that he has worked with have raised over $450 million. Currently, I am a Venture Partner with BlockTeam Ventures and 7BC. дальше »
2019-5-6 18:19 | |
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Bitfinex Reveals $1 Billion Token Sale ‘LEO’ Despite $850 Million Tether Scandal
By CCN. com: Still mired in controversy over that $850 million loss, the powers at be at Bitfinex have come up with an idea to replace the funds and it’s raising eyebrows for a bounty of reasons. Bitfinex’s solution to try to make whole those who were burned in the hack that led to the losses is to issue more tokens. дальше »
2019-5-6 11:11 | |
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‘Not a White Paper’: Marketing Document Details $1 Billion Bitfinex Token Sale
New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds. дальше »
2019-5-5 18:49 | |
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Bitfinex Set to Launch $1 Billion IEO as $850 Million in Funds are Still Frozen
Coinspeaker Bitfinex Set to Launch $1 Billion IEO as $850 Million in Funds are Still FrozenNext week Bitfinex is expected to issue an initial exchange offering (IEO) to gain $1billion through a token sale. дальше »
2019-5-4 16:37 | |
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Bitfinex launches whitepaper for imminent IEO; looks to retrieve funds to make up for $850M loss
Bitfinex will roll out their Initial Exchange Offering [IEO], which is expected to reel-in in a whopping $1 billion. This follows the recent news of the Hong Kong exchange trying to cover up their undisclosed loss of close to $850 million. дальше »
2019-5-4 11:00 | |
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VeKey by VeChain is a Multi-Signature Hardware and Software Solution for Private Key Management
Ever since the QuadrigaCX case opened up to the public, the risks of blockchain technology are becoming a huge topic for conversation around cryptocurrency circles. The loss of over $190 million USD of users’ funds due to the lack of a private key to the cold wallet storage highlights these types of risks a blockchain […] дальше »
2019-5-3 20:38 | |
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