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Bitfinex raised $1 billion in 10 days by selling a token redeemable for Tethers
Embattled cryptocurrency exchange Bitfinex raised $1 billion in 10 days with an initial exchange offering (IEO), money it hopes will alleviate concerns of its financial stability. Bitfinex CTO Paolo Ardoino tweeted Monday that private firms, both inside the cryptocurrency sector and out, had contributed more than $100 million each throughout the fundraising. дальше »
2019-5-14 16:09 | |
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Irish Hacker and Cohort could be Sentenced for Stealing $2.4 Million Worth of Cryptocurrencies
A group of six hackers by the name “The Community” are to be sentenced to more than 20 years each in prison for stealing more than $2. 4 million worth of cryptocurrencies using multiple SIM swap attacks, Independent IE reported May 13, 2019. дальше »
2019-5-14 05:00 | |
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How to find the best servers on Discord
Welcome to TNW Basics, a collection of tips, tricks, guides, and advice on how to get the most out of your gadgets, apps, and other stuff. Discord today revealed it had surpassed 250 million users in time for its fourth anniversary. дальше »
2019-5-14 04:06 | |
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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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20 million USDT transferred to and from Huobi exchange to unknown wallets
Despite the ongoing Tether and Bitfinex fiasco, USDT movement hasn’t waned. There are massive transactions that have been moving Tether between various exchanges and the Tether treasury. Two massive transactions involving Tether were recorded, moving in and out of Huobi, a Chinese exchange. дальше »
2019-5-11 06:30 | |
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Does Ernst & Young’s Report on QuadrigaCX Debacle Support this Conspiracy Theory?
According to a report by the firm appointed to oversee the financial affairs of now defunct crypto exchange QuadrigaCX, the trading venue has only $21 million of a total $160 million it owes out. The exchange shut up shop earlier this year a month after its CEO supposedly died in mysterious circumstances. дальше »
2019-5-11 02:00 | |
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Did the $41M Bitcoin Theft Create a Buying Opportunity for Binance Coin (BNB)?
Binance Token (BNB) has taken a significant due to the Binance Bitcoin hack but is the recent pullback an opportunity for buyers? BNB Maybe a Steal as Binance Reels Since topping out at $25. 49 Binance Token (BNB) has pulled back by nearly 27% and the fallout from last week’s Tether – Bitfinex scandal along with Binance’s recent $41 million bitcoin theft are taking their toll on the exchange’s native token. дальше »
2019-5-11 01:00 | |
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Joe Lubin Believes Bitfinex and Tether Situation Won’t Get Any Better From Here on Out
Many of our regular readers are probably well aware of the recent Bitfinex-Tether scandal which involved a whopping sum of $850 Million. In relation to the matter, Ethereum co-founder Joseph Lubin stated that moving forward, this mess would affect Bitfinex’s reputation in a big way — so much so that it would not be shocking […] дальше »
2019-5-10 17:14 | |
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Top 5 Biggest Crypto Exchange Heists in History
The news of the Binance hack left the cryptocurrency industry rattled. Although, it turns out that a massive $40 million’s worth of BTC doesn’t even register this heist among the worst. Check out the five biggest exchange hacks in crypto history. дальше »
2019-5-10 04:00 | |
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Societe Generale SA (SocGen) Processes Sale of Covered Bonds with Digital Currency
100 million euros worth of covered bonds were sold as digital tokens by the Societe Generale SA bank. Romal Almazo, Richard Kemmish, and Graham Rodford speak on affect that tokenizing assets will have on traditional finance. дальше »
2019-5-10 00:56 | |
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Google Research, Universities Release ‘Tracking Ransomware End-To-End’ Bitcoin Attacks Report
Google Research Shows Ransomware Criminals Cash Out $16 Million From Bitcoin Exchange According to a recently released report and research conducted by Google and leading US universities, $16 million were cashed out by criminals from the defunct Bitcoin exchange BTC-e. дальше »
2019-5-9 22:31 | |
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Bitcoin Price: Mark Yusko’s $400,000 Target is Bold – But Not Insane
By CCN: Morgan Creek Capital Management founder Mark Yusko spoke to Bloxlive. tv about the Binance hack and his startling prediction that Bitcoin will eventually be worth $400,000. Morgan Creek Founder: Hackers Prove the Value of Crypto Yusko made a compelling case, taking a positive out of the massive $40 million loss that Binance suffered, saying that hackers prove the value of Bitcoin. дальше »
2019-5-10 21:52 | |
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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter
Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business. дальше »
2019-5-10 20:04 | |
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Binance Reveals Hack Information as Security Becomes a Public Concern
This article was originally published by 8btc and written by Vincent He. Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $6,000. As the whole cryptocurrency industry was enjoying the rise, an unexpected hack put a stop to the rise of bitcoin. дальше »
2019-5-10 18:48 | |
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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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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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Elon says Tesla will field 1M fully autonomous robo-taxis by 2020 – AI experts call BS
Elon Musk, the PT Barnum of tech, is currently getting a ration of ridicule from some of the world’s foremost leading AI experts over his ridiculous claim that Tesla will field a million fully autonomous cars by 2020. дальше »
2019-5-9 02:53 | |
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‘Shocked He Went There:’ Crypto Takes Sides On Binance’s Alleged Bitcoin Reorg Plan
Cryptocurrency’s best-known figures continue to debate exchange Binance’s handling of its $40 million hack amid claims executives planned to undo past Bitcoin transactions. Binance CEO Rejects Reorg In a lengthy debate still playing out on social media, Binance received mixed reviews after CEO Changpang Zhao appeared to suggest there was a plan to conduct a reorganization (‘reorg’) of the Bitcoin blockchain. дальше »
2019-5-9 00:00 | |
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Top Losers: Binance hack costs market $4 billion as prices of BNB, Cardano [ADA], Ethereum [ETH] fall
Following one of the world’s largest cryptocurrency exchanges, Binance, suffering a hack that cost $40 million in BTCs, the market took a significant hit. The collective market lost $4 billion in a matter of hours, since news of the hack first broke out. дальше »
2019-5-8 12:40 | |
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Binance hacked for over $40M worth of Bitcoin
Binance suffered what it’s calling a “large scale security breach” yesterday evening. The hackers were able to transfer 7,000 Bitcoin (over $40 million at the time of writing) in one transaction from the company’s hot wallet. дальше »
2019-5-8 11:17 | |
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Tron’s Justin Sun Offers to Deposit 7,000 BTC into Hacked Binance
By CCN: It’s during the tough times that you find out who your real friends are. If there was any doubt the crypto ecosystem is filled with people who respect Binance CEO Changpeng Zhao, they were erased today. дальше »
2019-5-8 05:30 | |
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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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Bitcoin worth $73 million debited from Bitfinex’s cold wallet; Bitfinex’s tangle with NYAG turns out to be expensive
Every move by Bitfinex is being analyzed and dissected by the crypto community due to NYAG’s case on the former. One might speculate that this might be costing Bitfinex millions. Bitfinex’s cold wallet debited 12,511 BTCs at 15:11 UTC on May 07. дальше »
2019-5-8 20:00 | |
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Tron Weekly Report: Number of accounts cross 2.7 million
Justin Sun’s Tron [TRX] has been suffering under bearish pressure for some time now, with the token being pushed out of the top ten cryptocurrencies list a few weeks back. However, the Tron Foundation has continued to push forward with various developments and remains relevant in the virtual asset ecosystem. дальше »
2019-5-7 02:30 | |
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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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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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Inclusion to NVIDIA Inception Program Propels AMMUT Closer to Normalizing Blockchain Use and Maximizing its Potential
May 2nd, 2019 – London, UK – A year ago, the core members of Ammut Network created a vision for developing the biggest decentralized supercomputer on the blockchain. Since then, the trio has raised $4 million from investors who believe in their project. дальше »
2019-5-6 13:02 | |
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Elon Musk: Tesla Con Man Betrays Lack of Faith in Cratering Company
By CCN: The frustrating thing about con artists is that they just keep fleecing suckers until the liquidity dries up. In the case of Elon Musk and Tesla, it appears that there is still an ocean of suckers out there. дальше »
2019-5-4 17:15 | |
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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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Ocean Protocol Token [OCEAN] Now Trading on Bittrex International Digital Asset Platform
History was made on April 30, 2019, as Ocean Protocol token (OCEAN) IEO sold out 70% of its Ocean Token in under 5 minutes, with 56. 4 million Ocean up on offer and grossing close to 7 million dollars. дальше »
2019-5-3 12:16 | |
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Remarkably Basic Scam Nets Criminals $2 Million in Bitcoin and Other Assets
According to the New York Police Department, the number of people duped out of Bitcoin and other assets thanks to a telephone scam has soared in 2019. It estimates that a massive $2 million has been fraudulently obtained from residents of the city. дальше »
2019-5-3 02:00 | |
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S&P 500 Stock Plunges 24% After Brutal Q1 Loss Stuns Investors
By CCN: Stocks are broadly tanking today, but Fluor, Inc. , a Texas construction outfit, is leading the charge, with a roughly 24% loss by press time. The company lost 48 cents per share and announced the resignation of its 8-year CEO David Seaton. дальше »
2019-5-3 22:34 | |
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Fintech-Related Lobbying Attracted $42 Million in Q1 2019
In a bid to carry out their agendas, crypto firms have turned to lobbying. Citing statistics from the Federal Electoral Commission (FEC), news platform Roll Call reported that fintech firms spent $42 million as lobbying expenses in Q1 in 2019 alone. дальше »
2019-5-3 18:27 | |
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Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year
Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts. дальше »
2019-5-3 17:40 | |
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1 Billion XRP: Ripple Dips Into Escrow Wallet to Move $300 Million in Crypto
By CCN. com: Ripple Labs moved 1 billion XRP out of escrow yesterday, currently valued at around $300 million. Part of a monthly transfer, Ripple reportedly moves any excess funds back into escrow at a later time, or in the case of last month’s escrow, waits until next time to use any. дальше »
2019-5-2 16:23 | |
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Percentage of CoinJoin Bitcoin Transactions Triples Over Past Year
According to a study released by Longhash on April 29, 2019, the relative usage of CoinJoin out of all bitcoin transactions has tripled in one year, currently sitting at 4. дальше »
2019-5-2 23:50 | |
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Bitfinex-Tether episode hardly affects stablecoin; continues to be pegged with cryptos despite systematic risk
The Bitfinex/Tether episode made headlines in the crypto community over the past week. The repercussions were felt even in the market as Bitcoin [BTC] plummeted by almost $400 after news broke out that Bitfinex used Tether reserves to cover up its undisclosed losses, speculated to amount to $850 million. дальше »
2019-5-1 19:30 | |
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$300 Bitcoin Premium on Bitfinex as BTC Price Continues to Recover
Forget Korea’s Kimchi Premium, bitcoin is currently trading at a more than $300 of the market average on Bitfinex – the platform recently accused of covering losses of up to $850 million. Meanwhile, Tom Lee of Fundstrat says the lack of significant downtrend in the BTC price action since the Bitfinex news broke out isRead MoreRead More. дальше »
2019-5-1 18:18 | |
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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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Bitcoin Cash [BCH] Struggles for $300 Price Level After Losing Almost $1 Billion In Less Than A Week
Bitcoin Cash has suffered a nearly 20% loss over the last few days. A $800 million dollar market cap drop is certainly something to be concerned about, but the turmoil is nothing new to BCH. Bitcoin Cash was born out of the belief that Bitcoin was not following the original intention of acting as a […] The post Bitcoin Cash [BCH] Struggles for $300 Price Level After Losing Almost $1 Billion In Less Than A Week appeared first on ZyCrypto. дальше »
2019-5-1 21:22 | |
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Ex-Facebook Employees Launch a Non-Fungible Instagram on Ethereum
On April 30, 2019, ex-Facebook employees announced the launch of an Ethereum-based social media platform, Editional. The use of blockchain technology in this instance renders all images unique and non-replicable and hopes to return power to creators. дальше »
2019-4-30 16:40 | |
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Ethereum-Based Developer Suite Truffle Gets $3 Million from ConsenSys to Attract Enterprise Clients
The popular Ethereum-based development framework company Truffle Suit has decided to move past ConsenSys and go out into the world. This popular solution boasted to have over a million downloads so far and it received $3 million USD in funding from ConsenSys while the company is moving away from the accelerator for the first time. […] дальше »
2019-4-30 01:51 | |
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Report: Australians Lost Over $4 Million to Crypto Scams in 2018
The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6. дальше »
2019-4-30 20:07 | |
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