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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 | |
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Ernst & Young Empties QuadrigaCX’s Wallets Taking Control of All the Crypto Funds
CoinSpeaker Ernst & Young Empties QuadrigaCX’s Wallets Taking Control of All the Crypto Funds In the new report E&Y notes that it will have complete control of the exchange's funds in its cold storage until further notice from the court. дальше »
2019-2-22 10:39 | |
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Coinbase’s Brian Armstrong Says it’s Okay to Use Hot Wallets to Store Bitcoin
Brian Armstrong, CEO of $8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. Writing in Fortune, Armstrong clarifies – for a mainstream audience – the difference between hot and cold wallets. дальше »
2019-2-22 03:30 | |
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Quadrigacx Cold Wallet Was Stored in a Safety Deposit Box
In a 2014 appearance on the True Bromance Podcast, Gerry Cotten, the late CEO of embattled Canadian cryptocurrency exchange Quadrigacx, made comments indicating that the exchange was storing customer funds using paper wallets. дальше »
2019-2-21 03:00 | |
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Hacken integrating Crystal analytics to validate crypto exchange wallets
Hacken, a cybersecurity ecosystem that ensures the safety of IT companies and digital environments, has announced they will implement Bitfury’s Crystal analytics tool for its CER project. The integration will help to verify cryptocurrency exchange wallet addresses. The Crystal platform is an all-in-one... Source дальше »
2019-2-21 02:13 | |
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Quadriga CX Fiasco Highlights the Need for Crypto Insurance
A startup by the name of BitGo Inc. could be the answer to the menace of losing private keys of cold-storage crypto wallets, reports Bloomberg, February 19, 2019. Can too Much Safety Be Fatal? The recent fiasco surrounding the death of the CEO of Canadian cryptocurrency exchange Quadriga CX has rekindled questions regarding the safetyRead MoreRead More. дальше »
2019-2-21 20:00 | |
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Four Best Multi-Cryptocurrency Wallets in 2019 for Coin Storage
Over the years, investors have faced a common problem of locating the safest and convenient medium to store their cryptocurrencies after purchasing them from the exchange websites. We have, therefore, compiled some of the best cryptocurrency wallets that offer storage services for multiple coins. дальше »
2019-2-16 13:10 | |
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Report: QuadrigaCX Founder May Have Stored Private Keys on Paper in Safety Deposit Box
QuadrigaCX founder Gerald Cotten reportedly stored paper copies of keys for the exchange’s cold wallets in a safety deposit box
дальше »2019-2-16 04:20 | |
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Coinbase Users Can Now Withdraw BSV to External Wallets
Cryptocurrency exchange Coinbase has begun supporting withdrawals of BSV to external wallets
дальше »2019-2-15 03:10 | |
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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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Blockchain Analysis Ties 5 Bitcoin Addresses to QuadrigaCX Exchange
Researchers have identified a group of bitcoin addresses that likely belonged to the cold wallets of failed exchange QuadrigaCX. дальше »
2019-2-14 02:15 | |
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Report: QuadrigaCX Accidentally Transferred $500K in BTC to Cold Wallets It Cannot Access
QuadrigaCX has “inadvertently transferred 103 bitcoins valued at approximately $468,675” to cold wallets that the exchange cannot access, according to Ernst & Young
дальше »2019-2-13 04:00 | |
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First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet
According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019. дальше »
2019-2-13 03:56 | |
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Disgraced Crypto Exchange QuadrigaCX Accidentally Sent Nearly $400,000 to Dead CEO’s Bitcoin Wallet
On February 12, Ernst and Young (EY), the monitor of the QuadrigaCX case, released its first report with the Supreme Court of Nova Scotia. In it, EY stated that the exchange “inadvertently” moved $370,800 in Bitcoin to a cold wallet controlled by CEO Gerald Cotten, who passed away. дальше »
2019-2-13 03:05 | |
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21 Lectures Offers Bitcoin Developer Courses by Schnelli, Decker and Chiang
Switzerland is an international bitcoin and blockchain mecca, known for its crypto culture and concentration of crypto businesses. Now, it is the new home to 21 Lectures, a school for bitcoin developers founded by Lucas Betschart. дальше »
2019-2-12 00:24 | |
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Where QuadrigaCX Go Running?
The shocking news about the loss of funds of the largest Canadian exchange QuadrigaCX did not spread quickly. It’s just hard to believe that the sudden death of the CEO made all funds in the cold wallets of the exchange unavailable, for a total of $ 190 M. Passwords to cold wallets: There are irreplaceable […] дальше »
2019-2-8 21:04 | |
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$136 Million in Missing Crypto From QuadrigaCX Could be Gone Forever: WSJ
Canada’s largest digital asset exchange QuadrigaCX has claimed to have lost more than $136 million worth of crypto in cold wallets controlled by its CEO Gerald Cotten. In an official affidavit filed with the Nova Scotia Supreme Court by Jennifer Robertson, the widow of Cotten, Robertson claimed Cotten passed away in India with the sole control over user funds. дальше »
2019-2-8 13:16 | |
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Why Samsung & Opera’s Crypto Wallets Will Fuel Mass Bitcoin Adoption
This week, major browser operator Opera has integrated a feature to purchase crypto into its Android app less than three months since announcing its plans to further explore blockchain technology. дальше »
2019-2-8 03:01 | |
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Indian Hospital Shares New Details About QuadrigaCX CEO Gerald Cotten’s Passing
If you followed crypto news this month, you have certainly heard about the Canadian CEO who died and left locked away all the cryptos from his exchange. The case has been getting attention lately a the wallets have over $150 million USD from clients which are completely inaccessible at the moment. The private Indian hospital […] дальше »
2019-2-7 21:30 | |
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Newsflash: Indian Hospital Claims QuadrigaCX CEO Died Under its Care – Will it End Suspicion?
Amidst all the suspicion that has followed the sudden closure of QuadrigaCX crypto exchange and cold wallets containing $150 million being inaccessible following the death of the company’s chief executive, Gerald Cotten, a hospital in India has confirmed that the CEO died while in its care. дальше »
2019-2-7 13:20 | |
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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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Safello enables crypto purchases on Opera mobile browser
Safello, a bitcoin and crypto payment and exchange provider, announced today that its brokerage solution is now integrated into the Opera browser for Android. Rolling out first in Scandinavia, users in Sweden, Norway, and Denmark can now easily top up their wallets to... дальше »
2019-2-6 17:05 | |
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French crypto exchange Bitit adds support for euro wallets
CryptoNinjas Bitit, a bitcoin and cryptocurrency exchange service out of Paris, announced today activation of its new EUR wallet feature, which will enable customers of the 35 SEPA-supported European Union to deposit EUR into their Bitit wallet to use towards crypto purchases. дальше »
2019-2-6 05:46 | |
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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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Where’s the ‘Missing’ $150 Million? Crypto Exchange QuadrigaCX’s Fiasco Gets Weirder with New Research
According to a cryptocurrency researcher with an online alias “ProofofResearch,” QuadrigaCX may not have a Bitcoin cold wallet nor $150 million in crypto. In a research paper, Zerononcense editor ProofofResearch stated that based on the evaluation of the company’s 31 Bitcoin addresses, no evidence to prove the existence of a cold wallet for QuadrigaCX was found. дальше »
2019-2-5 17:46 | |
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Research Claims Crypto Exchange QuadrigaCX Still Has Access to Some Cryptocurrency Funds
The size and status of Canadian exchange QuadrigaCX’s crypto wallets is the source of controversy following publication of new research
дальше »2019-2-5 12:07 | |
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MyCrypto CEO: QuadrigaCX May Not Have Ethereum Cold Wallet, Where’s the Missing $150m?
Taylor Monahan, the founder and CEO of MyCrypto, one of the most widely utilized non-custodial wallets in crypto, has said that QuadrigaCX may never have had an Ethereum cold wallet. Crypto Wallet CEO Raises Questions about QuadrigaCX’s Claims After evaluating three main Ethereum addresses used by QuadrigaCX, Monahan said that all of the addresses were likely owned by customers, not by the exchange. дальше »
2019-2-5 03:45 | |
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QuadrigaCX Plot Thickens; Money Starts Moving Following CEO’s Death
QuadrigaCX, which was once Canada’s leading cryptocurrency exchange, has endured plenty of problems over the past year including a bank freeze, legal disputes, and other troubles. Last week, the exchange filed for creditor protection, citing “significant financial issues” as the cause. дальше »
2019-2-5 00:43 | |
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Quadriga CEO Death – Funds Moved From ‘Lost’ Cold Wallets
A company with legal problems; a mysterious death; missing customer funds. The QuadrigaCX story could have come straight from the pen of a hack Hollywood writer. Well now, the internet’s faithful crypto-investigators, claim to have found evidence of transactions initiated from the supposedly ‘lost’ cold wallets. дальше »
2019-2-4 20:00 | |
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Is the Missing Crypto From QuadrigaCX’s $150 Million Disaster On the Move? Experts Weigh-in
According to several reports, some funds from the missing $150 million holdings of Canada’s biggest crypto exchange QuadrigaCX could be moving. On Saturday, CCN reported that QuadrigaCX lost more than $190 million in funds stored in both crypto and fiat as the CEO, who had sole control over user funds passed away. дальше »
2019-2-4 20:50 | |
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Avoiding QuadrigaCX’s $190 Million Disaster: How Do the World’s Largest Crypto Exchanges Store Funds?
Canada’s largest crypto exchange QuadrigaCX lost more than $190 million worth of user funds and is unable to reimburse its users. As CCN reported on February 1, the founder and CEO of QuadrigaCX passed away in India with sole control over the company’s cold wallets containing more than $150 million in cryptocurrencies like Bitcoin and Ethereum, and $40 million in cash stored with a third party. дальше »
2019-2-3 11:48 | |
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Chainalysis Report: Two Groups Responsible for Most Publicly Reported Hacks
Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week. дальше »
2019-2-2 01:45 | |
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$190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All
QuadrigaCX, the largest bitcoin exchange in Canada, has lost $190 million worth of crypto after it lost access to its cold storage wallets. An affidavit filed on January 31 with the Supreme Court of Nova Scotia revealed that $190 million in Bitcoin, Bitcoin Cash, Bitcoin Cash SV, Bitcoin Gold, Litecoin, and Ethereum were lost. дальше »
2019-2-2 00:30 | |
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Wrap Your Head Around This: BTC Is Now Featured as a Token on Ethereum
It happened: Bitcoin is now an Ethereum token. Wrapped Bitcoin (WBTC), an ERC-20 token with a 1-1 peg to bitcoin, went live on the Ethereum network on the final day of January, “the first token that makes Bitcoin compatible with the Ethereum chain,” its architects say. дальше »
2019-2-2 00:04 | |
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Cryptopia Hacked… Again. 17,000 Wallets Compromised, Blockchain Analytics Firm Reports
Although many felt that the Cryptopia tragedy had passed after the multi-million dollar hack that occurred two weeks ago, it seems that the drama continues and the New Zealand-based Exchange has yet to fully recover. дальше »
2019-1-30 20:41 | |
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Phishing Scam Hits LocalBitcoins, Clients Lose Funds
On January 26, 2019, clients of peer-to-peer bitcoin trading service LocalBitcoins were the targets of a phishing scam which resulted in the theft of a handful of bitcoins. дальше »
2019-1-31 18:40 | |
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Report: New Zealand Cryptopia Exchange Hack Continues
Hackers purportedly still have control over the wallets of New Zealand-based cryptocurrency exchange Cryptopia
дальше »2019-1-30 05:15 | |
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The Daily: Privacy Coin Strength Debated, Hardware Wallet Exploit Demonstrated
In Tuesday’s edition of The Daily, we detail the theoretical vulnerability found in the Coldcard crypto wallet, coming just one month after its manufacturer ridiculed the flaw found in other hardware wallets. дальше »
2019-1-29 17:00 | |
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Cryptopia Hack: Users lose More Funds as Hackers Return
Fifteen days after the January 14 Cryptopia hack, hackers who stole over $16 million from Cryptopia exchange have returned. According to an article published by Elementus today January 29, the thieves started withdrawing money from the exchange wallets yesterday. дальше »
2019-1-29 16:19 | |
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Crypto exchange Mercury Cash adds SegWit support for bitcoin (BTC)
CryptoNinjas Bitcoin and cryptocurrency exchange Mercury Cash, today announced the support for Bitcoin Segregated Witness (SegWit) transactions. Users on the exchange have been notified that their non-SegWit BTC wallets are going to be disabled and kept. дальше »
2019-1-29 04:41 | |
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Italian court forces BitGrail CEO to repay $170M in ‘lost’ cryptocurrency
An Italian judge has reportedly ordered Francesco Firano, founder of shady cryptocurrency exchange BitGrail, to repay the $170 million worth of cryptocurrency that went “missing” early last year. дальше »
2019-1-28 18:25 | |
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Binance: Decentralized Exchange Will Connect With Hardware Wallets
Binance CEO has revealed that the Binance DEX new decentralized exchange will offer support for hardware wallets immediately once it launches. CZ: Binance DEX In ‘Active Development’ In a social media update, Binance and CEO Changpeng Zhao confirmed that Binance DEX would allow users to control their private keys by interacting with the exchange from their own hardware devices. дальше »
2019-1-27 22:00 | |
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ABN AMRO isn’t making a Bitcoin wallet – but it might
There are a multitude of options when it comes to deciding where and how to store your cryptocurrency and the security keys that make it all possible. You could store your coins in hardware wallets, software wallets, on the exchange you bought them from, or use some other custodial service to look after them for you. дальше »
2019-1-24 16:17 | |
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Cryptopia Hack Stolen Funds Moved to Binance and Other Crypto Exchanges – Changpeng Zhao Confirms
A large amount of Ethereum and ERC-20 tokens have been transferred, over the last hours, from Cryptopia to wallets linked with several cryptocurrency exchanges, including Binance. This activity could have been associated with the Cryptopia hack that took place earlier this week, leading the exchange to suspend its operations. дальше »
2019-1-16 18:49 | |
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Prevent a Personal Crypto Crash in 2019: 3 Golden Tips to Follow
Provided that over $1 billion was stolen from cryptocurrency exchange in 2018, it becomes a general knowledge that digital tokens need protection in 2019. Experts in blockchain reckon that mining cryptocurrency for beginners is not always an easy task. дальше »
2019-1-14 14:57 | |
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