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South Korea’s Largest Crypto Exchange Sold to Singapore-Based Consortium
The largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. дальше »
2018-10-13 04:05 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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Yale University in on $400 Million Paradigm Crypto Fund – Will Others Follow?
America’s third-oldest educational institution, Yale, is reportedly one of the investors in the Paradigm cryptocurrency fund started by Coinbase co-founder Fred Ehrsam. Paradigm, also founded by Sequoia Capital partner Matt Huang and Charles Noyes, previously of Pantera Capital, has raised $400 million. дальше »
2018-10-9 23:39 | |
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Yale University Investing in $400 Million Cryptocurrency Fund
Cryptocurrency, Investing–Yale, one of the most prestigious Ivy League universities in the United States, is reportedly apart of the investment group that is helping to raise $400 million for a massive new cryptocurrency fund. дальше »
2018-10-7 16:46 | |
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Famed Endowment Manager Invests Yale’s Money in Crypto Funds.
On October 5, 2018, an article published by Bloomberg stated that Yale University’s Investment Office, under the stewardship of famed manager David Swensen, has put an allocation toward Paradigm, a new cryptocurrency fund that has raised $400 million dollars. дальше »
2018-10-6 01:52 | |
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Coinbase Brings on Charles Schwab Exec to Expand Influence
Coinbase recently announced that a Charles Schwab board member would be joining the exchange’s board of directors. Coinbase is also reportedly looking to close what could be a $500 million deal with Tiger Global. дальше »
2018-10-3 16:00 | |
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WSJ: Investigation Finds $88 Million in Laundered Money Using Cryptocurrency
Cryptocurrency, Exchanges–A recent investigation published by The Wall Street Journal on Friday reports finding close to $100 million in illicit funds being funneled through cryptocurrency via crypto exchanges. дальше »
2018-9-29 05:02 | |
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Coinbase Falls $6.8 Trillion Behind Fidelity, Crypto Still Has Lot of Room to Grow
Although the number of individuals signed up for Coinbase has reportedly surpassed 20 million, boasting a user base that some institutions would envy, some analysts claim that the crypto and blockchain industry and the firms backing it still have the potential to undergo a monumental round of maturation and expansion. дальше »
2018-9-27 13:30 | |
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Canadian city will kill power to $100M Bitcoin farm to keep citizens cool
Canada’s largest cryptocurrency mining operator has been threatened with having its power cut off. Due to growing environmental concerns, Hut 8’s Bitcoin operation in Medicine Hat is to be one of the first to go in case of intense heat waves, CBC reports. дальше »
2018-9-24 14:02 | |
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Japanese Cryptocurrency Exchange Platform Zaif Hacked For $60 Million
Zaif, a cryptocurrency exchange service, is the latest victim of an attack by suspected hackers. The Osaka-based platform has reportedly lost cryptocurrencies worth 6. 7 billion yen ($60 million) to the attackers. дальше »
2018-9-20 16:00 | |
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Kik-approved messaging app caught storing user passwords in plain text
It appears that messaging app Blastchat – which was recently selected for Kik’s $3 million cryptocurrency developer program – has been caught storing sensitive user data, including passwords, in plain text. дальше »
2018-9-13 18:51 | |
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Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With Registration Failures
In what it deems a first for both enforcement actions, the United States Securities and Exchange Commission (SEC) is charging two entities with registration failures. дальше »
2018-9-12 23:36 | |
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World Bank Launches Its First Global Blockchain Bond Called Bond-i
The World Bank launched late August a fully blockchain-operated debt instrument called bond-i. According to an official press release, bond-i is the first bond to be fully launched operated, allocated and managed using blockchain technology. дальше »
2018-9-11 17:29 | |
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Japanese E-commerce Giant Rakuten Acquires Cryptocurrency Exchange
Rakuten Inc. has today announced the new acquisition of Everybody’s Bitcoin Inc. , a Tokyo-based bitcoin exchange. The deal is reportedly worth around 265 million yen ($2. 4 million) and sees Rakuten become a 100% share owner at the exchange. дальше »
2018-9-1 21:34 | |
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Thai Bitcoin Scam Victim Expresses Satisfaction Over Settlement Talks
The Finnish victim involved in the elaborate Thai Bitcoin scam has reportedly expressed satisfaction over settlement talks with two key suspects. Positive Settlement Talks Aarni Otava Saarimaa, the Finn who was duped by Thai fraudsters in a $24 million Bitcoin scam, has received a satisfactory settlement deal after negotiating with two Thai suspects. дальше »
2018-8-31 19:29 | |
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South Korea: Trading Volume Soars as Bithumb Reopens to New Customers
Major South Korean cryptocurrency exchange Bithumb has announced it will resume accepting new user accounts after resolving a dispute with its banking partner. Month-Long Impasse Ends As local news media outlet Yonhap reports August 29, Bithumb has come to an agreement with Nonghyup Bank, which in July stopped serving it, reportedly due to the exchange’s recent hack in which it lost over $30 million. дальше »
2018-8-29 16:00 | |
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Huobi Exchange Planning to Acquire Hong Kong Based Electronics Firm for $77 Million
Popular cryptocurrency exchange Huobi is reportedly seeking to purchase a majority share of a Hong Kong-based electronics manufacturing service provider in a $77 million dollar acquisition. дальше »
2018-8-28 22:13 | |
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Team McAfee Accountant Reportedly Steals $50 to $100 Million in Crypto
The CEO of the cryptocurrency marketing company founded by John McAfee, Jimmy Watson, accused Luke Jenkins of refusing “to give back [cryptocurrency that] is valued at fifty to one hundred million dollars. дальше »
2018-8-28 15:49 | |
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Team McAfee Offering Rewards For Information Surrounding $100 Million Crypto Theft Committed by Employee
Chief Executive Officer Jimmy Watson of Team McAfee took to the Internet today to announce that an accountant for Team Mcafee has reportedly stolen up to $100 million dollars in cryptocurrency. дальше »
2018-8-26 21:12 | |
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South Korean Cryptocurrency Exchange Bithumb Has Made $35 Million in 2018 Despite June Hack
Bithumb, a South Korean cryptocurrency exchange platform has reportedly seen a mid-year profit of $35 million. The virtual currency exchange made the news in June 2018 after suffering a $30 million hack which led to severe downtime on the platform. дальше »
2018-8-25 21:08 | |
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Indiegogo Promoting $18 Million Asset-Backed Cryptocurrency Investment Sale for an Aspen Hotel
Crowdfunding firm Indiegogo is promoting the St. Regis Aspen hotel share sale. The hotel reportedly wants to raise $18 million via a tokenized security offering. This will be Indiegogo’s second foray into the cryptocurrency space after an ICO promotion in 2017. дальше »
2018-8-25 20:30 | |
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AT&T Sued for $224 Million for Negligence In Case of Cryptocurrency Theft
Reports of cryptocurrency thefts have been no stranger to our news feeds of late. In one of the latest cases, the investor is suing his cellphone provider. After having reportedly lost $24 million in digital coins, the investor is suing AT&T for a whopping $224 million citing negligence. дальше »
2018-8-17 17:42 | |
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Bank of Montreal Tests Canadian Debt Issuance on Blockchain
Another trial of blockchain technology for fixed income markets has reportedly been carried out by the Bank of Montreal in partnership with the Ontario Teachers’ Pension Plan. According to Bloomberg, the latest trial involved the movement of a Canadian-dollar debt deal over blockchain. дальше »
2018-8-15 22:02 | |
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Tether Prints 50 Million USDT, The Controversy Continues
Tether is the project that you either love, hate, or know nothing about. For individuals falling into the latter category, here’s a quick overview of this often controversial topic. Tether Remains A Controversy Tether is a stablecoin that is inherently tied to the value of one U. дальше »
2018-8-13 21:45 | |
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Binance Wants $2.6M to List Your Token, Claims Expanse Co-Founder
Binance, the cryptocurrency exchange which often tops global trade volumes, can charge 400 BTC ($2. 6 million) to list a token on its platform. Binance Appears To Deny 400 BTC Claim That’s according to Christopher Franko, co-founder of Blockchain platform Expanse, after submitting a listing request to the exchange this month. дальше »
2018-8-10 02:00 | |
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Student Faces Charges for Stealing $5 Million in Crypto via “SIM Jacking”
Motherboard has reportedly obtained court documents pertaining to the arrest of Joel Ortiz, a 20-year-old from Boston, who is accused of stealing $5 million USD in bitcoin and other cryptocurrencies. дальше »
2018-8-1 03:29 | |
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What is crypto done in the meeting?
The CEO of Vietnamese cryptocurrency mining firm Sky Mining has reportedly disappeared with investor and company funds worth an alleged $35 million, local media outlet VNExpress reported July 29. According to VNExpress, Sky Mining CEO Le Minh Tam disappeared a week ago, appearing to organize a cleanout of company assets. Tam told investors to go дальше »
2018-7-30 18:50 | |
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Huobi Informs Users on Decision to Launch P2P Trading in India
Following several announcements of plans for global expansion, this week crypto exchange Huobi has reportedly informed Indian users of its intentions to present them with a P2P platform that allows trading in Indian rupee. дальше »
2018-7-29 17:47 | |
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Mike Novogratz bullish on Bitcoin [BTC] despite the $134 million loss caused
According to CNBC, the digital assets merchant bank Galaxy Digital founded by Mike Novogratz has seen a loss of $134 million with a plunge in the cryptocurrency prices, especially that of Bitcoin in Q1 of this year. дальше »
2018-7-28 04:16 | |
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Stolen $7.7 Million Worth of ICO Tokens Will Be Refunded
KICKICO, a blockchain startup currently holding its token sale, reportedly lost $7. 7 worth of its token to a hack attack. A Medium post by Anti Danilevski, CEO of KICKICO confirmed the incident but also calmed fears of any similar occurrence in the future and promised to refund token holders. дальше »
2018-7-27 18:45 | |
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Binance Eyes Up South Korea as Next Conquest
Days after marking its first-year anniversary, leading exchange Binance is reportedly poised to enter South Korea. Seeing more than $600 million worth of cryptocurrency traded every day, the South Korean market is the fifth-most active in the world. дальше »
2018-7-26 20:00 | |
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Ex-Gangster Launches Cryptocurrency, Claims to Raise $750 Million
Wan Kuok-koi, known as a former Macau gangster, is making inroads into the world of digital currencies via a mysterious company based in Beijing. Kuok-koi will be launching chess and poker tournaments on the mainland, for which he even floated an initial coin offering (ICO). дальше »
2018-7-18 16:09 | |
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90% of Canadian Company Rivemont Crypto Fund’s Assets Held by Fiat
Canada-based Rivemont Crypto Fund, run by a portfolio management firm Rivemont Investments, holds around 91 percent of its $2. 3 million of assets in fiat currency, with only 9 percent in Bitcoin (BTC), Bloomberg reported July 17. дальше »
2018-7-18 02:56 | |
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Yes, you’re losing Twitter followers. No, it’s not because you’re an asshole (probably).
Twitter today announced it’d be removing locked accounts from users’ follower counts. If you’ve noticed a precipitous drop in follower counts today, it’s not you — it’s your followers. Reports surfaced earlier this week that Twitter had suspended a multitude of fake accounts in the months of May and June — apparently in an attempt to curb the rise of bot and their accompanying cocktail of issues. дальше »
2018-7-12 02:47 | |
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Israeli Crypto Platform Bancor Loses $23.5 Million Worth of Tokens in Security Breach
Attacks on crypto platforms have become common in 2018. The latest victim is an Israeli start-up, Bancor, which calls itself a “liquidity network” for cryptocurrencies. The platform that lets users convert cryptocurrencies directly from their wallets suffered a security breach on Monday, July 9. дальше »
2018-7-11 16:09 | |
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A one year prison term was handed down to a local bitcoins trader
News A Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9. дальше »
2018-7-11 07:47 | |
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Localbitcoins Trader Sentenced to One Year in Prison
A Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9. дальше »
2018-7-11 06:20 | |
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Ledger Reportedly Attracts Tech Giant Investors After Selling Over 1 Mln Wallets in 2017
Having sold more than one million hardware wallets in 2017, Ledger to boost its business by attracting the interest of tech giants like Samsung and Siemens
дальше »2018-7-11 03:50 | |
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Bancor Platform Goes Offline Amid ‘Security Breach’ Reportedly Involving Over $12 Mln
Bancor, Zug-based decentralized exchange, suffered a hack. It was exploited to steal $12.5 million in ETH, $1 million worth of NPXS and $10 million worth of BNT. The post Bancor Platform Goes Offline Amid ‘Security Breach’ Reportedly Involving Over $12 Mln appeared first on CoinSpeaker. дальше »
2018-7-10 10:38 | |
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Andreessen Horowitz’s Crypto Fund Just Made Its First Investment: Oasis Labs
Oasis Labs reportedly attracted $45 million in investments from a handful of venture capital firms, including Andreessen Horowitz.
дальше »2018-7-11 22:21 | |
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