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Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud
There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. дальше »
2019-2-19 00:19 | |
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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
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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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QuadrigaCX Loses an Additional $500K in Bitcoin (BTC) by Accident
QuadrigaCX, once the largest and longest-running Canadian crypto exchange, owes customers $250 million in CAD ($190 million USD) in… The post QuadrigaCX Loses an Additional $500K in Bitcoin (BTC) by Accident appeared first on Invest In Blockchain. дальше »
2019-2-14 21:41 | |
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UnionBank Launches Two-Way Bitcoin ATM in the Philippines
The UnionBank of the Philippines, one of the leading financial institutions in the country, has launched a two-way bitcoin automated teller machine (ATM), according to a story in local media outlet Philstar. дальше »
2019-2-12 00:10 | |
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Blockstream Open Sources Development of Its Proof of Reserves Tool
On February 4, 2019, blockchain tech company Blockstream announced the development of a “proof of reserves” tool to standardize the authenticity of exchanges’ crypto reserves. дальше »
2019-2-7 01:01 | |
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Kraken Cracks Into Top 3 Cryptocurrency Exchanges with $4 Billion Valuation After $100 Million Deal
The San San Francisco-based cryptocurrency exchange Kraken has recently purchased the crypto futures broker Crypto Facilities. According to a recent press release, Kraken paid at least $100 million for this company that will be helping Kraken to expand its offering to customers. дальше »
2019-2-6 19:18 | |
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Court Grants QuadrigaCX Bankruptcy Protection
Today, February 5, 2019, a court in Nova Scotia, Canada, granted bankruptcy protection under the Companies’ Creditors Arrangement Act (CCAA) to the embattled Vancouver-based cryptocurrency exchange QuadrigaCX. дальше »
2019-2-6 23:12 | |
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QuadrigaCX Reportedly Didn’t Lose Access to Bitcoin Funds – is it More Than a Mistake?
QuadrigaCX, a Canadian cryptocurrency exchange, is in serious trouble – its customers cannot access $150 million worth of crypto funds after the owner and CEO, Gerald Cotton, died of Crohn disease in Jaipur, India. дальше »
2019-2-5 17:06 | |
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QuadrigaCX Reportedly Didn’t Lose Access to Bitcoin Funds – Could it More Than a Mistake?
QuadrigaCX, a Canadian cryptocurrency exchange, is in serious trouble – its customers cannot access $150 million worth of crypto funds after the owner and CEO, Gerald Cotton, died of Crohn disease in Jaipur, India. дальше »
2019-2-5 17:06 | |
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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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Kraken Completes Biggest Crypto Deal in 2019: Massive $100M Acquisition That May Boost Europe
Major crypto exchange Kraken has acquired digital assets derivative startup Crypto Facilities for at least $100 million – the cryptocurrency sector’s biggest deal in 2019. The San Francisco company announced Monday that the “nine-figure” acquisition would enable its customers to trade crypto-related futures and spots. дальше »
2019-2-5 20:42 | |
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Canadian Crypto Exchange QuadrigaCX Owes $190 Million To Customers Per New Court Filings
The Canadian crypto exchange QuadrigaCX seems to be deep in trouble now. According to a new court filing from the company, QuadrigaCX currently owes $190 million USD to its customers at the moment. The situation is even worse than it looks, it seems, as the company can’t access most of the funds at the time. […] дальше »
2019-2-2 16:44 | |
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Coinbase Reviewed – How Safe is Coinbase to Buy Bitcoins in 2019?
Coinbase is the world’s largest Bitcoin broker around. It is available to users in over 30 countries especially in the United States, the United Kingdom, and Brazil, which represent their largest customer base – and has more than 4 million customers around the world. дальше »
2019-2-2 06:51 | |
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Zebpay Continues European Expansion, Launches EU-Wide Trading Tournament
Cryptocurrency exchange Zebpay is opening new offices in five European countries, increasing its presence on the continent to 43 countries. Launched in 2015 in India, Zebpay grew into one of the country’s largest cryptocurrency exchanges before shuttering its operation in September 2018, due to the crypto ban in the country. дальше »
2019-2-1 00:24 | |
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Italian Court Orders Bitgrail Founder to Refund $170M of ‘Missing’ Cryptocurrency
An Italian court has ruled that Francesco Firano, founder of defunct cryptocurrency exchange Bitgrail, was at fault for the disappearance of $170 million worth of the nano digital currency on his exchange last year. дальше »
2019-1-29 09:02 | |
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CoinZest Airdrop Event Goes Wrong, Customers Receive $5.3 Million Worth of Crypto
CoinZest, a South Korean cryptocurrency exchange has been left with no choice but to roll back all transactions on its servers after it mistakenly airdropped bitcoin and altcoins amounting to $5. 3 million to its clients, instead of the intended We Game tokens (WGT), according to local news source, CoindeskKorea on January 19, 2019. дальше »
2019-1-23 14:00 | |
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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments
Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »
2019-1-23 00:57 | |
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S. Korean Exchange Accidentally Sends $5 Million Worth of Bitcoin (BTC) In Error During Airdrop
An airdrop mishap worth $5 Million in Bitcoin (BTC) and other cryptocurrencies was sent to customers of the South Korean exchange of CoinZest. The exchange was meant to send an airdrop of We Game Tokens (WGT) but a computer error resulted in users not only getting BTC and other cryptocurrencies, but deposits in the fiat […] The post S. дальше »
2019-1-22 16:46 | |
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Cryptocurrency exchange botches airdrop, gives $5.3M to its users
Every week we seem to read another new story about yet another cryptocurrency exchange hack or scam in which users’ funds are stolen. But this week, a South Korean exchange has flipped the narrative on its head. дальше »
2019-1-22 13:56 | |
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BitTorrent’s TRON-Based BTT Token and BitTorrent Speed Will Launch this Summer
BitTorrent, the industry leader in peer-to-peer (P2P) file sharing with over 100 million customers worldwide will be launching BitTorrent… The post BitTorrent’s TRON-Based BTT Token and BitTorrent Speed Will Launch this Summer appeared first on Invest In Blockchain. дальше »
2019-1-21 19:38 | |
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BitPay Sets New Company Records, in Spite of Crypto Bear Markets
Blockchain payment platform BitPay has announced that 2018 has been their most profitable year, having “processed over a $1 Billion again in payments and set a new record for transaction fee revenue. дальше »
2019-1-18 22:47 | |
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Silver Miller Files Lawsuit against Cryptocurrency Company for Defrauding Customers
Silver Miller, a US-based cryptocurrency Investor law firm has filed a lawsuit against Jeremy Spence for allegedly organizing a Ponzi scheme disguised as an investment hedge fund claiming to be managing $5 million worth of investors assets, reports Finance Magnates on December 27, 2018. дальше »
2018-12-28 03:00 | |
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Finland Hands Over Info for 2,700 Danish Traders to Denmark’s Tax Agency
Finnish tax authorities have handed over information on 2,700 bitcoin traders to its Danish counterpart, Skattestyrelsen (SKAT). According to a press release, the traders used an undisclosed Finnish exchange to collectively purchase and sell some $15. дальше »
2018-12-14 03:12 | |
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Bitwala Is Offering German Citizens Joint Crypto and Fiat Banking Accounts
German blockchain startup Bitwala has launched crypto banking in Germany. After securing €4 million (roughly $4. 5 million) from VC firms Earlybird and Coparion in September of 2018 to develop a crypto banking solution, the company has allegedly amassed a waiting list of 30,000 potential users. дальше »
2018-12-13 22:32 | |
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Coinbase Might Be Behind Those 856,000 BTC Worth of Transactions
Last week, it was reported that a Bitcoin whale had moved thousands of bitcoin into different wallet addresses. Between December 1 to December 6, 2018, the whale split 856,000 bitcoin between 107 wallets, sending an equal 8,000 BTC into each wallet. дальше »
2018-12-12 23:53 | |
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Galaxy Digital’s EOS VC Fund Leads $30 Million Series a Funding for Good Money
Good Money, a digital banking platform has successfully secured $30 million in a Series A funding round led by Galaxy Digital’s EOS VC fund. Numerous venture capital funds and investors participated in the funding event. дальше »
2018-12-11 16:29 | |
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Good Money gets $30 million Series A financing led by Galaxy Digital’s EOS VC Fund
CryptoNinjas Good Money, a digital banking platform to be owned by its customers, featuring online and peer to peer banking services, announced today they have raised $30 million in Series A funding led by Galaxy Digital via. дальше »
2018-12-11 05:51 | |
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Millions of Brits can’t access mobile internet as O2’s data services go down
One of the largest UK phone networks, O2, is investigating a network outage that has rendered mobile data inaccessible to the company’s 25 million customers. The issue is also impacting customers of MVNOs that piggyback on O2’s infrastructure, like GiffGaff, Tesco Mobile, and Lyca Mobile. дальше »
2018-12-6 13:48 | |
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Swiss blockchain startups can now handle up to $100M – just like banks
Switzerland’s blockchain-related businesses are one step closer to legitimacy. Local cryptocurrency startups can now apply for a new license that would allow them to handle deposits of up to $100 million, a right normally reserved for banks. дальше »
2018-12-3 18:04 | |
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Starwood hacked with over 500 million customer details accessed
If you’ve stayed at a Starwood hotel in the past few years, it’s time to buy some credit monitoring. The Marriott International-owned hotel brand has reported a massive hack that saw the details of over 500 million customers accessed by an unauthorized party. дальше »
2018-11-30 19:34 | |
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AriseBank CEO Charged in $4 Million Alleged ICO Scam
Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud. дальше »
2018-11-30 23:03 | |
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Tether Will Soon Allow Direct Redemption of USDT — But With a High Minimum
Tether is launching a new liquidity portal, one that will finally allow the direct redemption of Tether’s stablecoin USDT back into fiat. According to a new report released on the company’s website, Tether is going to “launch a redesigned platform allowing for the verification of new customers and direct redemption of Tether to fiat. дальше »
2018-11-28 01:21 | |
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$5 Million Lawsuit Claims Bitmain Mined at Expense of U.S. Customers
Gor Gevorkyan, a Los Angeles resident, has filed a lawsuit against Bitmain for allegedly mining cryptocurrency at his expense. The class action claims that bitcoin mining giant had redesigned its ASIC devices “to mine crypto currency for the benefit of itself rather than its customers who purchase the products”. дальше »
2018-11-27 13:00 | |
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$5 Million Lawsuit Against Bitmain Filed in Northern California
A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment. дальше »
2018-11-27 21:38 | |
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Here’s How You Can Get Amazon to Kick Some Cash to a Bitcoin Charity
Are you planning to do some shopping on Amazon this holiday season? If so, you can also support BitGive, the first registered 501(c)(3) nonprofit charity that uses the power of bitcoin to support some great philanthropic projects around the world. дальше »
2018-11-23 20:10 | |
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U.S. Trader Fined $1.1 Million and Sentenced to 15 Months for Commiting Bitcoin Fraud
According to a report by Bloomberg, published November 13, 2018, U. S. resident named Joseph Kim has been fined $1. 1 million and sentenced to 15 months in prison for orchestrating fraudulent schemes related to bitcoin (BTC), and litecoin (LTC), thus duping his employer and several other customers of their money. дальше »
2018-11-16 00:00 | |
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Canadian Court Takes Custody of Crypto Exchange’s Frozen Funds
The Ontario Superior Court of Justice has recently moved to take custody of a large sum of assets from a crypto exchange currently frozen in accounts at the Canadian Imperial Bank of Commerce (CIBC). дальше »
2018-11-15 22:14 | |
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Digital Bank Revolut Surpasses 3 Million Customers
U. K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. дальше »
2018-11-13 19:30 | |
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New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders
International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts. дальше »
2018-11-13 00:43 | |
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Bitfinex: New Fee Policy Suggests $30,000 Fee to Withdraw $1 Million
Cryptocurrency exchange platform Bitfinex recently released an updated fee structure for fiat withdrawals. The twelfth-largest exchange also revealed that it processed more $1 billion in fiat withdrawals throughout October 2018. дальше »
2018-11-12 22:00 | |
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Cargil Implements a Blockchain System to Track Turkeys for Thanksgiving and Christmas
The largest private company in the United States, Cargill, will be implementing a new blockchain system that will allow customers to track which turkey they bought for Thanksgiving Day and Christmas holidays. дальше »
2018-11-12 07:03 | |
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Irish Startup Looks to Reimburse Stranded Airline Customers with Cryptocurrency
Blockchain-based payments startup Travacoin is seeking $1. 7 million via traditional funding methods to reimburse airline customers in the event of travel disruption, reported Irish Times on November 8, 2018. дальше »
2018-11-9 14:00 | |
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Ripple On The Rise: Cred Raises $50 Million to Lend Against XRP
The leading provider of crypto-backed lending in the world, Cred, which has a total of $300 million USD in credit facilities, has announced today that it will start to provide USD loans that will be collateralized using Ripple’s XRP. дальше »
2018-11-9 06:18 | |
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Token sale platform Token IQ announces 6 customers targeting $440 million in total proceeds
CryptoNinjas Token IQ, a compliant securities and asset tokenization platform, has announced today a slate of issuers in conjunction with Dealbox, a distributed ledger business accelerator, and crowdfunding platform. дальше »
2018-11-9 22:38 | |
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Blockchain is Airdropping $125M in Stellar Lumens to Its Wallet Users
Blockchain will be airdropping approximately $125 million worth of Stellar lumens to its users, in conjunction with the Stellar Development Foundation. This marks the largest airdrop in cryptocurrency history. дальше »
2018-11-7 00:24 | |
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