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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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Tech-Averse Warren Buffett’s Company Wolfs $900 Million in AMZN Stock
By CCN: By the end of Wednesday’s trading, Warren Buffett’s company Berkshire Hathaway had a stake in Amazon’s stock worth $904 million, an SEC disclosure reveals. To get a sense of scale for how big Amazon. дальше »
2019-5-16 05:30 | |
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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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Despite Bitcoin (BTC) Recovery To $5,900, Analysts Remain Cautious Post-Binance Hack
Technicals Don’t Look Too Hot For Bitcoin Yesterday, Tuesday, saw world-renowned crypto exchange Binance get hacked for 7,000 Bitcoin (BTC), valued at $41-odd million at current valuations. For those who missed the memo, here’s a. дальше »
2019-5-8 20:03 | |
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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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Bitcoin Price Vulnerable Despite 2019 High, Traders Predict Plummet to $4,200
By CCN. com: In the past 24 hours, the bitcoin price spiked by nearly five percent from $5,580 to $5,880, surpassing $5,900 at the day’s peak, fueling the cryptocurrency market. The abrupt increase in the bitcoin price was supported by a noticeable increase in daily bitcoin spot volume estimated to be around $570 million as of May 7 by OnChainFX. дальше »
2019-5-7 13:45 | |
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Bitcoin miners earn $305M in April as transaction fees jump 250%
Bitcoin miners earned $291 million through ‘block rewards’ in April, marking a 30-percent monthly revenue increase, reports research unit Diar. They collected an additional $14 million with Bitcoin transaction fees, 250 percent more than in March. дальше »
2019-5-7 13:29 | |
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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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Delusional Elon Musk Predicts Tesla Stock Will Race to $2,900
By CCN: Elon Musk is well-known for making tall claims to drive Tesla stock higher. From promising full self-driving cars in just over a year to deploying millions of robotaxis, Musk has been in overdrive mode to save his company’s stock price from crashing after a horrifying quarterly report. дальше »
2019-5-3 18:48 | |
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How The Blockchain Can Streamline Gun Purchases
GunBroker. com, a twenty-year-old company that sells between $600 and $900 million worth of firearms each year, has a problem. Its customers have only two reliable payment options, and they’re the same two payment options that were available to people who wanted to go see The Beatles play in 1965: cheques and money orders. дальше »
2019-5-3 15:35 | |
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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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Wirecard and Softbank to Develop Digital Payments Solutions in Japan and South Korea Markets
Earlier this week, Wirecard AG reached an agreement with the Japan-based Softbank Group Corporation. The deal states that the bank will invest €900 million in Wirecard through a convertible bond mechanism. дальше »
2019-4-27 17:36 | |
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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 bombshell leads to 5% wipeout of bitcoin, can the market recover?
On Apr. 25, the office of New York Attorney General Letitia James alleged iFinex, the company behind Bitfinex and Tether, of misusing $900 million of Tether’s cash reserves to hide an $850 million loss. дальше »
2019-4-26 02:50 | |
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Breaking: NY AG Alleges Bitcoin Exchange Misused Tether to Hide $850M
By CCN: The office of New York Attorney General Letitia James has officially obtained a court order to request iFinex Inc, the operator of bitcoin exchange Bitfinex and Tether, to cease operations in New York. дальше »
2019-4-26 01:21 | |
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Crypto Charity Airdrop Venezuela Raises $292K – Mostly in BCH
According to the founder of Airdrop Venezuela, the charity that aims to donate US$1 million worth of cryptocurrencies to Venezuelans, the nonprofit has registered 60,000 beneficiaries and raised $292,000 in donations so far. дальше »
2019-4-22 19:43 | |
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Struggling Ethereum Giant ConsenSys Seeks $200 Million Raise at Billion-Dollar Valuation
By CCN. com: Ethereum development studio ConsenSys is struggling financially and is now trying to raise $200 million from outside investors to stay afloat. The fundraising drive comes just four months after the Brooklyn-based blockchain startup laid off 13% of its workforce. дальше »
2019-4-16 15:35 | |
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San Francisco VC Turns $9 Million into Eye-Popping $6.9 Billion in Uber IPO Jackpot
According to WSJ tech editor Scott Austin, Benchmark, a San Francisco-based venture capital firm, invested $9 million in Uber’s Series A round in 2011. At the proposed IPO price of $55 a share, the $9 million investment would soon be valued at $6. дальше »
2019-4-13 17:27 | |
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Crypto exchange Kraken sued by former trading desk manager for $900,000
Kraken, a popular cryptocurrency exchange based in the US, is facing a lawsuit from former employee Jonathan Silverman. The former trading desk manager alleges the exchange failed to pay him promised commissions and is demanding $900,000 in compensation for the $19 million in profits its trading desk generated during his tenure at the company. дальше »
2019-4-9 21:24 | |
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New York Kraken Ex-Employee Sues Crypto Exchange Over Failure to Pay $900,000
Kraken has repeatedly said that it has no operations in New York but a lawsuit by an ex-employee has disputed this putting the bitcoin exchange at risk of facing the wrath of financial regulators in the Big Apple. дальше »
2019-4-8 16:56 | |
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Microsoft’s Bing blocked 5,000,000 cryptocurrency ads in 2018
Microsoft’s Bing has boasted it successfully blocked more than 5 million cryptocurrency-related ads, after it imposed a strict marketing ban last year. In a blog, Bing detailed its problem with spam from sketchy advertisers. дальше »
2019-3-25 19:30 | |
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BitMEX Exchange Sees $41 Million Liquidated to Make Bitcoin Price Drop $100 via Margin Trading
Bitcoin has dropped almost $100 on February 25 after being traded close to $3,900. This Bitcoin price decrease can be related to the fact that $41 million have been liquidated on BitMEX. According to the Reddit user Coinsmash1, this liquidation moved Bitcoin’s price $100 down, equal to 2.5% of its price in just a few […] дальше »
2019-2-28 03:31 | |
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Morgan Stanley to Spend $900 Million in Biggest Acquisition Since 2008 Crisis; Will the Trump Admin Approve?
Morgan Stanley is shelling out $0. 9 billion to acquire stock-plan firm Solium Capital. The acquisition of the firm that mainly specializes in offering Software-as-a-Service for managing employee share plans, ‘financial reporting and compliance’ is expected to bolster Morgan Stanley’s wealth management business. дальше »
2019-2-15 13:32 | |
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Slack IPO: Here’s How Much This Silicon Valley Unicorn Could be Worth Now That it’s Going Public
The Slack IPO, one of 2019’s most hotly-anticipated public offerings, is officially in motion. The widely used business productivity company announced today that it has filed for a direct listing. дальше »
2019-2-5 21:45 | |
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Nearly 2 Million New Users Sign Up to Coincheck Since Reopening Trading Exchange Operations
Coincheck reportedly managed to bag 1. 7 million new downloads of its mobile app since it went back online. The exchange resumed account signups, deposits, and withdrawals in October. It has also allowed some limited trading since that time. дальше »
2019-2-2 23:42 | |
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Coincheck Registers 1.7M New Users Since Resuming Operations
Coincheck has reported 1. 73 million downloads of its mobile app since the Japanese cryptocurrency exchange resumed new account signups, withdrawals, deposits and limited trading in October. By the end of December, more than 900,000 of the new users had gone on to confirm their identities, in what looks like a remarkable comeback for an exchange […] The post Coincheck Registers 1. дальше »
2019-2-1 07:50 | |
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Coincheck Registers 1.7M New Users Since Resuming Operations Last October
Coincheck has reported 1. 73 million downloads of its mobile app since the Japanese cryptocurrency exchange resumed new account signups, withdrawals, deposits and limited trading in October. By the end of December, more than 900,000 of the new users had gone on to confirm their identities, in what looks like a remarkable comeback for an exchange […] The post Coincheck Registers 1. дальше »
2019-2-1 07:50 | |
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Report: hackers stole almost $1 billion in cryptocurrency in 2018
The total amount of stolen cryptocurrency since the beginning of 2018 exceeded $900 million. Despite all warnings, the security systems of cryptocurrency exchanges and blockchain platforms remain extremely vulnerable. дальше »
2018-12-14 18:18 | |
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Cybersecurity Report: Hackers Stole $882 Million from Crypto Exchanges Since Feb 2017
Report Reveals That Hackers Stole $900 Million From Crypto Exchanges Since 2016 In a recently conducted research, Group-IB, a cybersecurity company based in Moscow, discovered that crypto exchanges have lost a whopping $882 million worth of digital assets to hackers since 2016. дальше »
2018-10-19 22:48 | |
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World’s First Cryptocurrency-Related IPO Capped at $900 Million
The world’s very first cryptocurrency related initial public offering (IPO) has been announced by investment company headquartered in the Cayman Islands. The initiative attempts to widen the exposure of investors to different cryptocurrencies, ICOs, and digital assets in general. дальше »
2018-10-16 00:00 | |
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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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CipherTrace Study Shows Hackers Stole Over $900 Million In Cryptocurrencies In 2018
Hackers Stole Almost $1Billion In Cryptocurrencies In 2018: Study Finds Fraud of cryptos through hacking of exchanges and trading platforms rose to $927m in the first 9 months of 2018, up nearly 250% from the level seen last year, according to a report from US-based cyber security firm CipherTrace released on October 10th. The $166 […] дальше »
2018-10-10 21:42 | |
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Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018. дальше »
2018-9-28 23:08 | |
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Exploited Data, Stolen Money and Advertiser Power: The Internet Needs a Change
In 2017, almost 500 cases of data breaches were reported, totaling to just under 900 million cases of stolen… The post Exploited Data, Stolen Money and Advertiser Power: The Internet Needs a Change appeared first on Invest In Blockchain. дальше »
2018-9-4 11:12 | |
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South Korea Budgets Nearly $4.5B for Blockchain, Emerging Tech
South Korea is planning to invest nearly $900 million next year to accelerate the development of blockchain, artificial intelligence and other emerging technologies. дальше »
2018-8-17 22:56 | |
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Report: Mid-sized businesses lose more to cybercrime than large or small ones
A new report on cybercrime shows mid-market companies — 500 to 999 employees — experience greater losses than smaller or larger ones. The report, published by the internet security company Malwarebytes and the market research firm Osterman Research, was based on a survey of 900 security pros — 200 of which worked in the US, with 175 each in the UK, Germany, Australia, and Singapore. дальше »
2018-8-10 20:46 | |
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Blockchain Startups Have Raised $1.8 Billion This Year, Double All of 2017
Research by Outlier Ventures says blockchain start-ups have raised $1. 8 billion during the first and second quarter of 2018, twice the amount raised for all of 2017 at $900 million. . . . The post Blockchain Startups Have Raised $1. дальше »
2018-8-9 19:12 | |
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South Korean Exchange Coinrail Hacked, $40 Million in Crypto Reported Stolen
South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $40 million worth of altcoins and assorted tokens. дальше »
2018-6-12 23:18 | |
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