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Popular bitcoin wallet Electrum faces sophisticated denial-of-service attack

The servers of Electrum, a popular Bitcoin wallet, were under heavy denial-of-service (DoS) attacks Sunday night; The total amount stolen could be in the “millions of dollars” so far. The company advised its users to limit the use of the platform until the issue is resolved, but provided little information on the investigation that’s underway. дальше »

2019-4-9 00:00


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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more

It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. дальше »

2019-4-8 11:17


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Bitcoin Industry Reacts As Mark Karpeles Avoids Jail Over Mt. Gox Debacle

Mark Karpeles, the former head of defunct cryptocurrency exchange Mt. Gox, will unlikely serve time in jail following a significant acquittal by a Japanese court. Court: Karpeles Did Not Embezzle Bitcoins As multiple sources including Bloomberg reported March 14, Karpeles, who has been under suspicion for embezzling millions of dollars in user funds, is guilty only of record tampering in the eyes of Japanese law. дальше »

2019-3-15 14:00


QuadrigaCX CEO Widow Demands $225,000, Draws Ire of Investors Who Lost $150 Million

Jennifer Robertson, the widow of Gerald Cotten, the CEO of Canada’s biggest crypto exchange QuadrigaCX, has requested for reimbursement of $225,000 in court fees. Robertson, who initially filed an affidavit with the Supreme Court of Nova Scotia to reveal the death of CEO Gerald Cotten and the loss of over $150 million in crypto and cash by QuadrigaCX, reportedly claimed she had spent $225,000 to secure QuadrigaCX protection from creditors. дальше »

2019-3-6 19:41


$10,000 Bitcoin Value Reachable with the Billions in Fiat Currency One CEO Says is “Already Onboarded to Crypto”

In 2018, the crypto industry saw the exit of millions and potentially billions of dollars, as various projects dumped their crypto earnings from ICOs and replaced them with fiat currency. Even the everyday investors ended up liquidating their funds, hoping to save themselves from crypto destruction. At the same time, there are plenty of people […] дальше »

2019-2-20 07:06


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$6 Billion in Fiat is Sitting in Crypto: $10,000 Bitcoin is Possible Without New Money

It isn’t a secret that millions, if not billions of dollars fled the crypto asset markets in 2018. Blockchain projects liquidated hundreds of millions worth of Ethereum (ETH) from the initial coin offerings, while common Joes and Jills, many of who caught FOMO in late-2018, liquidated their Bitcoin (BTC) holdings in search for greener pastures. дальше »

2019-2-19 15:01


$150 Million Scandal of Canada’s Biggest Crypto Exchange Sees New Twist in Dead CEO’s 2014 Interview

The recent scandal of QuadrigaCX in which Canada’s biggest cryptocurrency exchange lost $150 million worth of crypto shocked the financial space. It deteriorated the public image of the cryptocurrency sector overnight as analysts condemned the loss of hundreds of millions of dollars following the alleged death of CEO Gerald Cotten who had sole control over the company’s holdings and user funds. дальше »

2019-2-17 15:46


Will Cryptopia Really Be Able to Show How Disastrous the Hack Experienced Was?

In January 2019, the cryptocurrency exchange Cryptopia experienced a hack that resulted in the loss of several millions of dollars and that affected thousands of users in the market. Now, the New Zealand-based exchange informed that the police allowed employees to return their offices after the suspension of its operations last month. The information was […] дальше »

2019-2-15 21:58


Bitcoin Traders Turn to Derivatives in Droves: The Ultimate Sign of Crypto Winter?

Amidst the worst bear market in the 10-year history of the crypto market, Bitcoin traders have pivoted from long-term strategies to derivatives and options. According to a Bloomberg report, individual Bitcoin traders, as well as many initial coin offering (ICO) projects and investment firms, are engaging in over-the-counter (OTC) derivatives trading. дальше »

2019-2-13 16:35


Global Investigation Led by US DOJ Sees Extradition of 12 Bitcoin Scammers to US for Fake eBay Car Sales

The US Department of Justice (DOJ) recently announced that they had charged an international crypto fraud cartel that was involved with millions of dollars in thefts. The cartel was made up of 20 individuals, of which 16 were foreign members, and they are being charged with defrauding the American citizens. Working with foreign authorities, the […] дальше »

2019-2-12 02:58


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12 Bitcoin scammers extradited to US for selling fake cars on eBay

An international cryptocurrency fraud cartel has been busted by a joint investigation between US and foreign authorities. The US Department of Justice (DOJ) announced last week that it has charged 20 people, including 16 foreigners for being part of an international organized crime syndicate that saw American citizens defrauded for millions of dollars. дальше »

2019-2-11 17:00


Lawyers May Sell QuadrigaCX To Amend $150M Bitcoin (BTC), Crypto Debts

Canadian Crypto Exchange In Crisis The QuadrigaCX saga, nay, imbroglio has only continued for the umpteenth consecutive week. After reports arose that the company owed upwards of $150 million worth of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), along with other leading cryptocurrencies and millions in Canadian dollars, local media claims that the Vancouver, British Columbia-based […] The post Lawyers May Sell QuadrigaCX To Amend $150M Bitcoin (BTC), Crypto Debts appeared first on Ethereum World News. дальше »

2019-2-5 21:30