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Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe

Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2. 1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations of falsifying accounts and market manipulation. дальше »

2020-6-26 00:30


Ex OKEx COO To Launch Crypto Derivative Exchange ACDX By Mid-Year, Seeking $40M Raise

Andy Cheung who served as the chief operations officer (COO) at renowned crypto exchange firm OKEx, is aiming at raising $40 million to roll on his own crypto derivatives exchange, CoinDesk reports. The outlet reports that Cheung is planning to raise the funds through selling tokens as well as equity investment mostly in the crypto […] дальше »

2020-2-7 21:18


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Block.One Poised to Revolutionize Social Media, Hires Salah Zalatimo as Voice CEO

Block. One, the firm in charge of the EOS (EOS) blockchain project has announced the hiring of Salah Zalatimo as the CEO of its decentralized social media platform, Voice. Zalatimo is the current Forbes Global Chief Digital Officer and he’s expected to resume his duties at Voice from January 20, 2020, according to a press releaseRead MoreRead More. дальше »

2020-1-10 16:00


Toxic Crypto Twitter Drama Unfolds Between Bitcoin Developer and Blockstream’s CSO

A recent debate on Twitter has left two significant stakeholders not feeling very chummy with each other. The Chief Strategy Officer (CSO) of Blockstream, Samson Mow, has ended up on the bad side of Matt Corallo who is also the firm’s co-founder, eventually being blocked by the latter. Corallo has complained that Mow, along with […] дальше »

2019-5-30 19:10


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BOA Tech Chief Says Blockchain Technology May Amount to Nothing

Cathy P. Bessant, chief operations and technology officer at the Bank of America (BOA), a multinational investment bank and financial services firm, has opined that blockchain technology has no significant use case in finance and could amount to nothing in the near future, reports CNBC on March 25, 2019. Bessant Not Confident in DLT DespiteRead More дальше »

2019-3-28 02:00


Marshall Islands’ Sovereign (SOV) Digital Currency Looks to Meet US Regulatory Standards

The Marshall Islands is the latest country in the world to begin development of their own national Cryptocurrency dubbed the Sovereign, following in the footsteps of Venezuela. Baka Ben Ezer, the chief executive officer of Neema, the firm that will be developing the coin for the government, says that the coin is in development and […] дальше »

2019-3-10 21:56


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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »

2019-3-5 20:20


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Security Researchers Reveal Wallet Vulnerabilities On Stage at 35C3

In a demonstration titled “Wallet. fail,” a team of security researchers hacked into the Trezor One, Ledger Blue and Ledger Nano S. Unfortunately, it appears as if their findings were first put on display at the 35th Chaos Communication Congress (35C3) in Leipzig, Germany, rather than through accepted Responsible Disclosure practices, which would have allowed the manufacturers to patch the vulnerabilities and protect their customers from any potential attack. дальше »

2019-1-1 19:15


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BitGo Hires Trust Company Veteran as CEO of Its Custody Arm

BitGo has a new CEO for its custody business. The cryptocurrency solution provider has recruited Richard Corcoran as its new chief executive officer. Having retired some years back after over 30 years in the traditional banking and finance industry, Corcoran has come out of retirement to lead the BitGo Trust Company, BitGo's crypto custody arm. дальше »

2018-12-8 21:38


Coinbase Chief Policy Officer Calls It Quits, Is Crypto at Risk of Losing Talents?

The chief policy officer at leading crypto brokerage and exchange platform Coinbase has left his position for one at U. S. venture capital firm Andreessen Horowitz. Is Michael Lempres’s move indicative of a wider pilgrimage of talent from the digital asset industry in the wake of the 2018 bear market? Will More Crypto Talent Follow Lempres’s. дальше »

2018-11-21 22:00


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“Bitmain Is Restructuring,” But Jihan Wu Still a Board Director: Source

Bitmain has denied reports that its CEO Jihan Wu was ousted as the mining firm’s board director while confirming that the board has undergone restructuring. Setting the record straight, Nishant Sharma, international marketing manager of Bitmain Technologies Limited, told Bitcoin Magazine that, instead of losing his position, Wu will continue on as a co-director of the board amidst a wider reorganization. дальше »

2018-11-15 21:26


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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round

Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post. дальше »

2018-10-31 20:51