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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


QuadrigaCX Wallets Found Empty, Mystery of $150 Million Missing Crypto Deepens

The cold wallets of QuadrigaCX, once the largest crypto exchange of Canada, have reportedly been found to be empty. According to Bloomberg, most of the Bitcoin funds from the exchange’s cold wallets were moved out in April 2018, more than 9 months before QuadrigaCX revealed it had lost $150 million in customer funds after its CEO Gerald Cotten passed away with sole control of the company’s wallets. дальше »

2019-3-4 13:21


Newsflash: New York Suffers Blackout – What’s Causing the Massive Power Outage?

New York Power Outage: In the early hours of Monday morning, as New Yorkers are waking up for work, they’re about to find the lights are out. Around 500,000 people across New York, Pennsylvania, Ohio, and Michigan are currently without access to power–why? This is the situation in the northeast of the country this morning as the city that never sleeps finds itself silenced. дальше »

2019-2-25 15:47


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US Gov’t Returns Bitcoin Retrieved From 2016 Heist to Bitfinex

Bitfinex has received roughly 28 BTC from U. S. federal law enforcement agencies in a rare example of the U. S. government returning stolen bitcoin that were retrieved from the criminals. $110,000 Retrieved Out of $72 Million The amount totals about $110,000 at today’s prices, which law enforcement managed to retrieve in November 2018. дальше »

2019-2-25 13:00


After Predicting a $1 Million Price Point for Bitcoin, John McAfee Settles on a “Hard Date”

The bear market has taken over the crypto industry for a while now, but the recent upswing of Bitcoin has urged proponents to come out of the woodwork with predictions. While there’s been bets and possible milestones believed that Bitcoin will be on the way to reach, US Presidential Candidate and former supporter of ICOs, […] дальше »

2019-2-23 02:50


Exit Scam? Mismanagement? Coinbase Digs Into Failed Crypto Exchange QuadrigaCX’s ‘$150 Million Loss’

Brian Armstrong, the CEO of Coinbase, one of the world’s largest crypto exchanges, said that the company conducted internal research on the QuadrigaCX case. QuadrigaCX has been claiming that Gerald Cotten, its CEO, passed away with sole control over its cold wallets containing $150 million in various cryptocurrencies including Bitcoin and Ethereum. дальше »

2019-2-23 15:21


Uganda loses 5 million internet users as a result of Social Media Tax

Half-way through 2018, Uganda introduced a Social Media (OTT) tax which required Ugandans to pay a tax if they wanted to access services such as Facebook, Twitter, WhatsApp, and many others. It turns out, based on released data by the Uganda Communications Commission (UCC), the tax has had a significant impact on the number of internet users in the East Afrikan country resulting in a drop of 3 million internet users over a 3 month period. дальше »

2019-2-18 16:40


Grayscale Investments’ Bitcoin Trust Posted $2 million Weekly in New Investments in 2018

In the last quarter of 2018, the bitcoin market experienced a slump that led to a significant decline in value and several blockchain-related firms closing down. Despite the bear market, some firms were still able to come out on top, one of which is Greyscale bitcoin trust, the creators of GBTC. They have reported that […] дальше »

2019-2-17 04:49


Newsflash: Amazon Leads Massive $700 Million Funding Round in Tesla Competitor Rivian

Elon Musk and Tesla had better watch out because tech conglomerate Amazon just led a massive $700 million funding round in electric vehicle competitor Rivian. Amazon Leads Major Funding Round in EV Startup Rivian The Michigan-based Rivian has sought to carve out a segment of the burgeoning electric vehicle market by focusing its efforts on building pickup trucks and SUVs. дальше »

2019-2-15 17:36


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


Institutional Investors are Already Turning to Crypto: Should You Fear Missing Out?

Two public pensions from Fairfax County, Virginia’s Police Officer’s Retirement System and Employees’ Retirement System, have invested in Morgan Creek’s new $40 million crypto fund. Anthony Pompliano, a Morgan Creek general partner, said that it is the first case in which public pensions have invested in the cryptocurrency market. дальше »

2019-2-12 18:28


QuadrigaCX Victims Won’t Get Any Help from Canadian Regulator Over $136 Million in Lost Crypto

In what is the latest twist in the ongoing QuadrigaCX saga, there is some more bad news for users of the Canadian exchange, as the British Colombia Securities Commission (BCSC) said on Thursday that the exchange does not fall under its purview, which means that users are not entitled to any kind of investigative or compensatory action by the regulator. дальше »

2019-2-9 14:33