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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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This Stock Exploited a NASDAQ Loophole to Gain a Staggering 3,000%(+) in Under 7 Days
Phunware is a company that has largely posted losses. According to the Wall Street Journal, the company lost almost $26 million in 2017 and another $3 million during the first half of 2018. Nonetheless, the last couple of months have seen wild trading for PHUN. дальше »
2019-2-14 00:26 | |
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In the Daily: Quadrigacx Losses, Bithumb UAE, Coinbase Cloud Backup, Chainalysis Funding
In this edition of The Daily we cover a number of developments related to different cryptocurrency exchanges. A report shows that Quadriga has “lost” another half a million dollars, Bithumb is expanding its reach to the UAE, and Coinbase has launched a controversial new cloud backup service. дальше »
2019-2-13 12:40 | |
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Despite Crypto Losses, GMO Internet’s Bitcoin Mining Business Had A Solid 2018 Posting $197 Million In Profits
Despite Crypto Losses, GMO Internet Had A Solid 2018 The Japanese IT giant GMO Internet, Inc. was a prominent piece of the crypto mining manufacturer industry in the country last year. However, despite being part of the industry, which had severe losses at the end of 2018, the company had a very positive report on […] дальше »
2019-2-13 03:33 | |
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Disney’s Streaming Service Hasn’t Even Launched and it’s Already Hemorrhaging Money
Disney says it’s likely to take a massive $150 million hit to its bottom line as it works to beef up its array of streaming services, including the yet-to-launch Disney+. However, concerns remain that the company may be turning a blind eye to the impact of these losses over the long run as it seeks to supplant Netflix as the digital content king. дальше »
2019-2-7 23:29 | |
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UK Financial Watchdog: $255 Mln Lost in Crypto-Related, Other Investment Scams in 2018
The U.K.’s Financial Conduct Authority has reported that common investment scams’ losses, including those crypto-related, amounted to over $255 million in 2018
дальше »2019-2-7 14:59 | |
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Newsflash: Tesla Just Bought a Battery Maker for $218 Million in All-Stock Deal
Tesla Inc. announced one of its rare acquisitions Monday, of ultracapacitor company, Maxwell Technologies Inc. , in order to bolster the Silicon Valley automaker’s battery technology as it ramps up production of the Tesla Model 3 sedan. дальше »
2019-2-5 20:32 | |
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Tron Price Analysis: TRX Recoup Losses, Road to 6 Cents?
Tron price expand 5. 7 percent, reject lower lows Binance announce successful BTT crowdfunding Market participation rebound, high highs should be propelled by above average volumes The BTT token sale was a success, and in 18 minutes, 60 million BTT were sold. дальше »
2019-1-29 21:00 | |
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A Very Large Crypto Whale is Attempting to Hide Over 5% of Ethereum’s total supply, Worth Over $500 Million
2018 was marked with high volatility and low stability for the cryptocurrency industry. The effect of this was dipped confidence from investors after they had tasted lots of success with cryptos in 2017. дальше »
2019-1-25 22:05 | |
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Cryptopia Hack Update: Approx. $16 Million in Ethereum (ETH) and ERC20 Tokens Stolen
January 15th this year marked the first time a crypto exchange had been hacked in 2019. The exchange that was affected was the New Zealand based Cryptopia. The exchange has since been on maintenance as the team at Cryptopia continues to assess the damage and losses made during the hack. дальше »
2019-1-23 16:06 | |
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NZ Police Investigate Crypto Exchange Cryptopia Hack
New Zealand police are investigating the hack of cryptocurrency exchange Cryptopia, which resulted in “significant losses” that some estimate could amount to more than US$3.5 million. Christchurch company Cryptopia, which has been said to be operating New Zealand’s largest cryptocurrench exchange, shut down its website and exchange services on January 14 citing a security […] The post NZ Police Investigate Crypto Exchange Cryptopia Hack appeared first on Coinjournal. дальше »
2019-1-17 22:15 | |
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Long-serving cryptocurrency exchange forced offline, hackers blamed
One of the internet’s longest serving digital asset exchanges, Cryptopia, claims to have been hit by a debilitating hack. After a full day of unscheduled maintenance outages, the NZ-based cryptocurrency exchange posted an official statement, explaining it had suffered “a security breach which resulted in significant losses. дальше »
2019-1-15 14:02 | |
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Despite $1 Million in Crypto Losses, Investor Still Believes Bitcoin is a “Force for Good”
The recent cryptocurrency bear market has not been kind to investors. Many have lost a significant amount of their investment, but still, hope that things will eventually change for the better. One particular bitcoin investor – Peter McCormack – who lost a staggering $1 million is still of the belief that bitcoin is a “force […] дальше »
2019-1-15 00:11 | |
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Bitmain Fires Entire Bitcoin Cash Development Team: Report
Things appear to be far from well with Bitcoin Mining firm Bitmain as several reports indicate another round of employee layoffs at the firm. This news follows reports that the company’s IPO is also dead in the water after rumors of Q3 losses running into over $700 million. дальше »
2018-12-25 00:00 | |
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Prosecutors Seek 10-Year Jail Sentence for Karpeles Over Mt. Gox Embezzlement
Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt. дальше »
2018-12-13 21:15 | |
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Rumor: Bitmain Financials Indicate $740 Million In Q3 Losses Excluding Cost of Bitcoin Cash (BCH) Hash War
Since the hard fork of Bitcoin Cash that resulted in the ABC camp claiming the ticker for BCH, the value of the digital asset has dropped from around $500 on the day before the event (November 14th) to current levels of $115. дальше »
2018-12-7 23:05 | |
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Bitcoin Cash (BCH/USD) Price Analysis: Less than 48 Hours after Bitmain Q3 “Leaked” Losses, BCH is $20 Away From $100
Latest Bitcoin Cash News Unconfirmed reports indicate that Bitmain—the Beijing based behemoth that manufactures and supplies the world with ASIC miners—will post huge losses for the third quarter mostly because of dropping digital asset prices and drop in mining gear demand. дальше »
2018-12-6 15:44 | |
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Bitmain IPO in ‘Death Spiral’? Rumors Of $740M Q3 Loss as Bitcoin Cash Crashes
Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s Worst Quarter? Originally reported by the Twitter account known as BTCKING555 December 3, the author of which almost exclusively tweets about Bitmain, unreleased quarterly earnings data for Q3 2018 allegedly reveals $740 million losses. дальше »
2018-12-5 13:00 | |
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Crypto Merchant Bank Galaxy Digital lost $136 million between January and October 2018
Galaxy Digital Holdings, a cryptocurrency merchant bank owned by former Goldman Sachs macro trader Mike Novogratz, has revealed that it lost $41 million in the third quarter of 2018 in an official filing. дальше »
2018-12-1 22:00 | |
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Galaxy Digital Loses $76 Million in Q3, Novogratz Remains Bullish
The Mike Novogratz-led Galaxy Digital Holdings LP suffered $76 million in third-quarter losses, taking the company’s losses in 2018 so far to a grand total of $175 million. Galaxy Digital Q3 Losses Total $76 Million As Bear Market Continues Cryptocurrency merchant bank, Galaxy Digital, has released its quarterly earnings report, and the results from the. дальше »
2018-11-30 02:00 | |
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Blockchain and Cryptocurrency Daily News Recap: November 29th [VIDEO]
Mike Novogratz's Galaxy Digital Records Losses of $41 Million USD In Q3 Mike Novogratz's Galaxy Digital Records Losses of $41 Million USD In Q3 Top Crypto Entrepreneur in Israel, Moshe Hogeg, Allegedly Embezzled ICO Funds Top Crypto Entrepreneur In Israel, Moshe Hogeg, Allegedly Embezzled ICO Funds Bitcoin Interest Grows, Leading to Highest Level of Google […] дальше »
2018-11-29 21:34 | |
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Mike Novogratz’s Galaxy Digital Reports $76 Million Q3 Loss
Mike Novogratz’s crypto merchant bank, Galaxy Digital Holdings, has reported losses for the first nine months of 2018. дальше »
2018-11-29 13:40 | |
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Mike Novogratz’s Galaxy Digital Records Losses of $41 Million USD In Q3
Even the most resilient companies in the market are starting to suffer the effects of the neverending bear market in the crypto industry. Galaxy Digital, the merchant bank created by Mike Novogratz, lost over $41 million USD in the third quarter of 2018. дальше »
2018-11-29 22:57 | |
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Humor: Vitalik and His Hands of Steel, Buterin HODLs Through $450 Million of Losses
Ethereum is getting gutted during this market downturn, losing 60 percent of its value in the last three months alone. Despite the nosedive, enigmatic Ethereum founder Vitalik Buterin has held steadfast. дальше »
2018-11-27 03:16 | |
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BCH Hash Wars Caused a Total Loss of 10 Million USD To Both Camps, Says Bitmex Research
The infamous “BCH Hash War” has not only been highly damaging to the entire crypto ecosystem, but those responsible for the fall are also suffering multi-million dollar losses, according to a recent report published by Bitmex Research. дальше »
2018-11-24 23:26 | |
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Bitcoin Cash ‘Hash War’ May Soon End As Losses Near $12M
The total cost of the ongoing ‘hash rate war’ affecting Bitcoin Cash has topped $11. 8 million, data from Hong Kong-based cryptocurrency trading platform BitMEX shows. SV Bears Brunt Of Giant Losses Fresh research uploaded to social media November 21 reveals the true extent of the curious phenomenon, in which miners have opted to mine Bitcoin Cash’s two forks at a loss. дальше »
2018-11-23 18:00 | |
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DCG’s Grayscale Investments Records Losses Over $400 Million In Latest Crypto Asset Value Plunge
The digital asset management firm Grayscale Investments has registered more than $400 million dollars losses in asset value in the last weeks. This is related to the bear market that virtual currencies are experiencing and the hard drop experienced by Bitcoin and other cryptos on November 14 and 19. In a recent tweet uploaded by […] дальше »
2018-11-23 17:40 | |
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Traders suffer huge losses as OKEx closes Bitcoin Cash futures early
Several high-profile cryptocurrency traders are posting major losses after the Bitcoin Cash hard fork, as the true impact of the controversial hash wars starts to make itself known. Just as the price of the original Bitcoin Cash cryptocurrency started to fall last week, major exchange OKEx abruptly ended $135 million worth of futures contracts, claiming it necessary to protect clients from the impending market volatility. дальше »
2018-11-19 14:56 | |
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Bitmain Sues Anonymous Hacker Over $5.5 Million Theft
Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5. 5 million in cryptocurrency last April from the company’s account on the digital exchange Binance. дальше »
2018-11-14 23:31 | |
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Japanese internet giant posts $5.5M loss for its cryptocurrency mining division
The latest in a string of companies posting cryptocurrency mining losses has come from Japanese internet giant, GMO. The internet infrastructure business posted a loss of over $5. 5 million dollars for its cryptocurrency mining division for the third quarter of this year, according to its recent financial report. дальше »
2018-11-13 19:09 | |
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Trader Jailed and Fined Over $1 Million for Bitcoin and Litecoin Fraud Scheme
The U. S. Commodity Futures Trading Commission (CFTC) issued a press release on Friday, November 9, 2018, stating that it had fined Arizona resident Joseph Kim for perpetrating a fraudulent cryptocurrency trading scheme against his former employer and other investors. дальше »
2018-11-13 22:55 | |
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Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter
Coincheck reported a pre-tax loss of 588 million yen (US $5. 3 million) for the third quarter of 2018, the Japanese exchange’s second consecutive quarterly loss since hackers pilfered $530 million in January. дальше »
2018-10-30 03:55 | |
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$8M in cryptocurrency bizarrely goes missing from bank-protected wallets
Swiss digital asset exchange Trade. io claims hackers have stolen nearly $8M million worth of cryptocurrency directly from its cold storage devices, which were supposedly kept under lock and key in a bank. дальше »
2018-10-22 18:11 | |
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North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017
North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. дальше »
2018-10-20 00:22 | |
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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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Has Bitcoin (BTC) Finally Succumbed To Stock Market Pressure?
Bitcoin (BTC) held its ground when the stock market plunged deep into the red yesterday. Both the S&P 500 and Dow Jones Industrial Average registered significant drops. However, Bitcoin (BTC) remained unaffected by it. дальше »
2018-10-11 17:00 | |
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Chinese and US Investors Team Up to Create a Global Crypto Investment Fund
The latest crypto investment fund on the block is Dragonfly Ventures, a $100 million traditional venture fund investing only in crypto assets, managed by partners Alexander Pack from Bain Capital Ventures and Bo Feng, founding partner of Ceyuan Ventures. дальше »
2018-10-9 15:30 | |
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New Study Reveals an Increase in Venture Capital Investment in Blockchain Projects
Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets. дальше »
2018-10-3 19:39 | |
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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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Japan’s FSA Demands Information From Crypto Exchange Zaif Regarding Recent Hack
Japanese cryptocurrency firm Tech Bureau Corp’s Zaif exchange was hacked mid-month, where digital coin losses amounted to 7 billion yen ($60 million). Today, the country’s financial watchdog has accused the firm of failing to provide details on how thieves hacked the exchange and also for not explaining its delay in reporting the hack itself. дальше »
2018-9-26 10:00 | |
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Mt. Gox Trustee Confirms He Sold off $230 Million in Cryptocurrency
A man known as “Tokyo Whale,” for the enormous amount of bitcoin he controls, confirms he unloaded another big chunk of it earlier this year. Nobuaki Kobayashi, the trustee of now-defunct Tokyo exchange Mt. дальше »
2018-9-25 19:54 | |
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In First Half of 2018, Japan Counts $540 Million Lost to Crypto Thefts
When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers. дальше »
2018-9-21 23:45 | |
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Japanese cryptocurrency exchange Zaif attacked by hackers, $60 million stolen
Cybercriminals attacked the Japanese cryptocurrency exchange Zaif and withdrew various cryptocurrencies worth several billion Japanese yen. Zaif promises to reimburse all losses to its customers, trading operations are suspended. дальше »
2018-9-21 12:41 | |
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BitConnect's Alleged Ringleader Arrested in India: Local Reports
Nearly eight months to the day after the ponzi scheme BitConnect exit scammed, the sins of the project have caught up to one of its figureheads. Divyesh Darji, the alleged leader of BitConnect’s Asian team, was arrested this Saturday, August 18, 2018, in the Delhi airport by the Gujarat Criminal Investigation Department (CID). дальше »
2018-8-20 19:54 | |
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UK’s Action Fraud Finds 203 Crypto Crimes Worth $2.5M Within Two Months
UK’s Action Fraud Finds Over $2 Million in Losses, Accounting for 203 Instances Of Crypto Fraud One of the biggest issues that arises with the cryptocurrency and blockchain industry is the potential for theft, as hackers find new ways to infiltrate it. дальше »
2018-8-17 16:39 | |
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Crypto Investor Sues AT&T For $224M in SIM Swap Fraud, $23.8M in Tokens Stolen
Investor Sues AT&T For $224 Million USD Over Crypto Losses The US entrepreneur and crypto investor Michael Terpin has recently filed a $224 million USD lawsuit against the telecom giant AT&T. дальше »
2018-8-15 21:11 | |
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