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U.S Court Orders Founder of Bitcoin Investment Scheme to Pay over $1.9 Million
A Colorado resident Dillon Michael Dean used his UK registered firm, The Entrepreneurs Headquarters Limited (TEH) in April 2018 to orchestrate a fraudulent bitcoin investment scheme that succeeded in generating a whopping $499,264. дальше »
2018-7-26 20:00 | |
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Bitcoin [BTC] short-sellers hit by the bull run again! – More than $84 million worth shorts liquidated on BitMEX
The unpredictable and highly volatile cryptocurrency market takes a huge toll on the short-sellers. The unexpected bull run of the market usually catches the short-sellers off guard. Today’s Bitcoin [BTC] and other cryptocurrencies’ sudden hike has let the short-sellers taking a huge blow again. дальше »
2018-7-25 07:21 | |
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Bitcoin [BTC] worth $1.7 million seized in the UK, police close in on criminals
Police in the United Kingdom [UK] has become the first law enforcement agency to seize and convert Bitcoin seized from criminals. On 19th July, the Surrey Police force became the first UK law enforcement force to seize illegal cryptocurrency and convert it into pounds and then retain them in a designated government location. Reports by the […] дальше »
2018-7-22 10:53 | |
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Billionaire Hedge Fund Manager Has One Percent of his Net Worth in Bitcoin
Marc Lasry, the billionaire co-founder of Avenue Capital Group, whose net worth is estimated to be at around $1. 68 billion, has invested $16. 8 million in bitcoin. Bitcoin Investments Explained When asked about his personal investment in bitcoin, Lasry explained that he entered the cryptocurrency sector a few years ago, and invested quite a lot of capital in the market. дальше »
2018-7-22 09:39 | |
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Surrey Police Seize Bitcoin Worth $1.64 Million
Police authorities accidentally discovered $1. 64 million worth of cryptocurrencies belonging to a local gangster in Surrey. The Surrey Police have become the first authority in the UK to seize and retain bitcoin in an investigation. дальше »
2018-7-22 05:00 | |
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A Note on Metcalfe's Law, Externalities and Ecosystem Splits
Looks like it’s blockchain split season again. For background of various people discussing the topic, and whether such splits are good or bad: Power laws and network effects (arguing the BTC/BCC split may destroy value due to network effect loss): https://medium. дальше »
2018-7-21 23:03 | |
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Notes on Blockchain Governance
In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »
2018-7-21 23:03 | |
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$230 million worth short positions liquidated in 15 minutes – says BitMEX CEO
On 19th July, during an interview with CNBC, the CEO of BitMEX, Arthur Hayes stated that there was a liquidation of approximately $230 million worth short positions. According to Hayes, the liquidation happened 15 minutes after Bitcoin [BTC]’s price pumped from $6800 to $7250 witnessing approximately $450 rise. He further adds that since BitMex is […] дальше »
2018-7-20 21:25 | |
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Philadelphia Convict Allegedly Stole $40M Worth Of BTC As Jeremy Renner
Recently, a thief left a Philadelphia courtroom in shock after he admitted and bragged about stealing Bitcoin worth $40 million. According to charges imposed against him, Ted Rice, a 32-year-old, was suspected of breaking into the home of his girlfriend’s father in July last year. дальше »
2018-7-20 13:24 | |
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$16 million in Bitcoin [BTC] held by hedge fund manager for a “few years”
Billionaire hedge fund manager Marc Lasry recently revealed in an interview with CNBC that he has invested 1% of his personal wealth in Bitcoin [BTC]. For an individual with a net worth of close to $1. дальше »
2018-7-20 02:53 | |
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Binance Announces $32 Million BNB ‘Coinburn’, What that Means for BNB Holders
Binance CEO Changpeng Zhao (CZ) has released a ‘Recap’ of the popular exchange’s quarterly ‘coinburn’. For this quarter’s burn, Binance will be rebuying and destroying 2. 5 million of their native BNB tokens, worth approximately $32 million. дальше »
2018-7-19 03:38 | |
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Binance Announces $32 Million BNB ‘Coinburn’, What that Means for BNB Holders
Binance CEO Changpeng Zhao (CZ) has released a ‘Recap’ of the popular exchange’s quarterly ‘coinburn’. For this quarter’s burn, Binance will be rebuying and destroying 2. дальше »
2018-7-18 02:51 | |
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Blockchenized Movies Platform to Give Away $50 Million Worth of Tokens
A blockchain based entertainment platform backed by Prince Felix of Luxembourg and Lady Monika Bacardi, led by Andrea Iervolino who co-produced The Merchant of Venice, is to give away $50 million. дальше »
2018-7-17 17:01 | |
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Bithumb Eyes Move To Japan and Thailand As Resurge Continues
Bithumb, a Korean-based exchange, is on track to set up branches in Japan and Thailand, according to an exclusive report by local news source Zednet on Monday. In less than a month after the exchange was hacked of $30 million worth of cryptocurrencies, it already has sights set on building an exchange that supports the […] The post Bithumb Eyes Move To Japan and Thailand As Resurge Continues appeared first on ZyCrypto. дальше »
2018-7-16 21:30 | |
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Buying Back $24 Million-Worth of Its own Tokens Crypto Exchange
The exchange announced last Friday that the new fund will be backing a group of selected token funds to further invest in blockchain and cryptocurrency projects. The funds invested in will all be accredited sponsors, it added. дальше »
2018-7-16 20:46 | |
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Bitcoin this week: new transactions, Bancor Breach, Vitalik vs Bancance CEO
Bancor Breach The big story on Tuesday was that Bancor reported it had experienced a “security breach”. A wallet used to upgrade some smart contracts has been compromised and used to withdraw 29,984 ETH, worth approximately $12. дальше »
2018-7-15 17:13 | |
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Project Bancor experiences 13.5 million hack leads to debate
On Monday, the project announced its app was down for maintenance, and shortly after, it revealed a security breach had taken place. Then on Tuesday morning, Bancor published details of the breach: a wallet used to upgrade smart contracts was compromised and used to steal 3.2 million of the platform’s own BNT tokens (worth $10 дальше »
2018-7-15 16:23 | |
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Chinese Police Seize $1.5 Million in World Cup Crypto Betting Booty
More than $1. 5 million worth of cryptocurrency was seized as part of an anti-gambling operation run by Chinese police during the 2018 FIFA World Cup. Chinese Police Seize $1. 5 Million The Chinese state-run news source Xinhua reported two days ago that local authorities first came across the so far unnamed online gambling platform in May. дальше »
2018-7-14 15:48 | |
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Bitcoin Could Be Worth $20K, $200k, or even $2 million, Predicts Expert
Clem Chambers believes that Bitcoin is a logarithmic asset. The CEO of ADVFN, a private investor platform maintains that liner charts don’t tell the complete story about the top-ranked cryptocurrency. дальше »
2018-7-14 15:29 | |
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Chinese Police Seize $1.5 Million Worth in Cryptos During FIFA Gambling Crackdown
In the city of Guangdong, the police have arrested hundreds of individuals involved in online gambling platforms that facilitated betting with $1.5 billion in cryptocurrencies including bitcoin. An operation involving 21 public security authorities has cracked down on organized football gambling during the ongoing football World Cup, resulting in the arrests of some 540 individuals […] дальше »
2018-7-13 21:05 | |
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It’s Free! NEO and ONT Join Forces for a Second Round of a 40M USD Airdrop!
NEO, one of the main blockchain projects in China, has joined forces with ONT to carry out a significant Airdrop to increase not only the volume but also the number of users of both cryptos. Yesterday, the official NEO blog announced that NEO token holders are going to receive $40 million worth of ONT tokens on […] The post It’s Free! NEO and ONT Join Forces for a Second Round of a 40M USD Airdrop! appeared first on Ethereum World News. дальше »
2018-7-13 20:01 | |
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Israeli Programmer Asks For $50 Million In Crypto For Pegasus iPhone Spyware, Caught On Dark Web
A lead programmer which worked for the Israeli cybersecurity firm NSO Group has recently been arrested after illegally trying to sell the Pegasus iPhone malware, a top secret spyware. The man has tried to sell the malware on the dark web in exchange for $50 million USD worth of cryptocurrency. A report from the local […] дальше »
2018-7-12 11:25 | |
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Bancor hack and Changelly; CEO and Co-Founder of Changelly speaks out
Konstantin Gladych, the CEO of Changelly, one of the leading cryptocurrency exchanges in the cryptoverse spoke about the Bancor hack which took place in earlier in the morning. Bancor, the decentralized cryptocurrency exchange platform witnessed a security breach at 00:00 UTC. дальше »
2018-7-12 05:41 | |
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Founder of PlexCoin ICO Finally Transfers 420 Bitcoins to a Quebec Court
Back in September 2017, when the cybersecurity arm of the United States Securities and Exchange Commission (SEC) was established to checkmate crypto-related crimes, PlexCorps, the parent company of PlexCoin ICO and its founder, Dominic Lacroix was among the first illegal virtual currency projects to be shuttered by the watchdog. дальше »
2018-7-12 00:45 | |
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Blockchain will contribute almost $1 billion to the telecoms sector alone within the next five years, MarketWatch reports Wednesday
Blockchain will contribute almost $1 billion to the telecoms sector alone within the next five years, MarketWatch reports Wednesday, July 11. a new research forecasts this week. According to a global market research store Research and Markets, blockchain technology in telecoms will explode from a $46.6 million industry in 2018 to one worth $993.8 million дальше »
2018-7-12 21:43 | |
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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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State’s First Bitcoin Home Sold by Delaware Real Estate Agent
In this case, Bitcoin was recently used to purchase a stunning home in the state of Delaware. A First for the First State According to the Delaware Business Times, a Newark home worth $ 1.75 million was recently sold by Michael Kelczewski, a real estate broker for property giant, Sotheby’s International Realty. Just the Beginning дальше »
2018-7-11 15:55 | |
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Bitcoin mining guzzels energy- and its carbon boil
If you had bought $100 in bitcoin back in 2011, your investment would be worth nearly $4 million today. That sort of precipitous rise is stunning, of course, but bitcoin wasn’t intended to be an investment instrument. дальше »
2018-7-11 14:44 | |
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One Million PCs “Cryptojacked” in China as Hackers Make $2 Million Worth of Digibyte, Siacoin, and Decred
The largest cryptojacking breach, in terms of sheer scale, came to light in China after local authorities identified a group of hackers who ran an illicit mining operation for over two years. Largest Cryptojacking Breach On July 9, 2018, local news Legal Daily reported a massive cryptojacking spree of a group in China’s Dalian city after suspicious activities pointed to. дальше »
2018-7-12 04:00 | |
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EOS, Litecoin, Tron, IOTA, Stellar Lumens Technical Analysis: Altcoins Bleeding Under Bear and Hackers Attack
Crypto exchanges-regardless of their database location-are having a rough time with hackers. After several South Korean and Japanese attacks, Bancor got exploited and $12. 5 million worth of BNT was used to withdraw ETH. дальше »
2018-7-11 03:02 | |
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NEO Investors Are Being Airdropped $42 Million Worth of Ontology (ONT)
On July 9th, 2018 those who held NEO on March 1st, will receive their share of the second, ten million ONT token airdrop. The post NEO Investors Are Being Airdropped $42 Million Worth of Ontology (ONT) appeared first on CryptoSlate. дальше »
2018-7-10 16:00 | |
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The Daily: Decentralized Exchanges – New and Hacked, and Some Lost Coins
In today’s edition of Bitcoin in Brief, we cover two decentralized exchanges – an Irish team that’s launching its Local Token Exchange and the already operating Bancor that has reported a security breach and admitted the loss of $12. дальше »
2018-7-10 14:10 | |
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Latest Crypto Hack Sees $13.5 Million Ethereum And PundiX Stolen
Israeli company Bancor are the latest victims of a cryptocurrency related hack that is alleged to have seen $13. 5 Million worth of cryptocurrency stolen. Here is the latest update on the recent security breach: pic. дальше »
2018-7-10 13:30 | |
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Bancor Platform ‘Safe Breakdown’ is offline between $ 12 million
It was exploited to steal $12.5 million in ETH, $1 million worth of NPXS and $10 million worth of BNT. — Bancor (@Bancor) July 9, 2018 Bancor is a decentralized liquidity network that provides users with a simple, low-cost way to buy and sell tokens. — Bancor (@Bancor) July 9, 2018 The company is currently дальше »
2018-7-10 12:54 | |
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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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China Crypto Mining Malware Siphons $2 Million Worth, Over 1 Million Computers Infected
Malware attacks are one of the easiest ways for hackers to steal money from unsuspecting consumers, especially those that invest in the crypto world. In a report on July 9th, hackers used exactly this method to steal a total of $2 million from over 1 million computers. The hacking took place primarily in China, though […] дальше »
2018-7-10 10:13 | |
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Bancor breached — Exchange working to alleviate issues
Bancor, a decentralized ERC20 exchange, in a statement released earlier today let its community know that a vulnerability in its network had been exploited by hackers who stole 24,984 ETH (worth approximately $11,815,683, at index prices), $1 million of NPXS and $10 million worth of Bancor tokens. дальше »
2018-7-10 06:38 | |
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CBOE Files with SEC for Bitcoin ETF
The United States Securities and Exchange Commission (SEC) is examining an application from the Chicago Board Options Exchange (CBOE) Global Markets which, if approved, could grant the company a coveted bitcoin ETF license, and bring new waves of institutional investors to the bitcoin arena. дальше »
2018-7-10 02:38 | |
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IOTA [MIOTA] to bolster smart cities across EU, receives €30 million as funding
The +CityxChange consortium, which incorporates the IOTA Foundation, has won an offer to lead another smart city lighthouse venture under an EU research and development program. 30 million Euros worth of sponsorship has been conferred. дальше »
2018-7-10 21:59 | |
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Hackers Bagged $2million Worth of Cryptos from 1 Million Infected Computers
A group of crypto mining malware creators has acquired illegal crypto wealth worth $2 million over the last two years according to Chinese news report. The alleged suspects for the cybercrime include 20 men who were arrested on Monday by Da Lian city Policemen. дальше »
2018-7-9 14:43 | |
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Particle Keen City Venture Allowed €20 Million in EU Funding
The +CityxChange consortium, which includes the IOTA Foundation, has won a bid to lead a new smart city lighthouse project under an EU research and innovation program. A total of €30 million euros worth of backing has been committed, the majority from the EU, for seven EU cities to experiment with smart positive energy innovations. дальше »
2018-7-9 12:52 | |
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IOTA Smart City Project Granted €20 Million in EU Funding
The +CityxChange consortium, which includes the IOTA Foundation, has won a bid to lead a new smart city lighthouse project under an EU research and innovation program. A total of €30 million euros worth of backing has been committed, the majority from the EU, for seven EU cities to experiment with smart positive energy innovations. дальше »
2018-7-9 08:00 | |
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IBM Secures $1 Billion Aust. Dollar in Blockchain Deal
The Australian government has chosen IBM as its central technology partner for the next five years in a deal worth $ 740 million dollars. The agreement will cover technology services provided to government departments, including services which will use IBM’s automation and blockchain technologies. дальше »
2018-7-9 06:32 | |
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IBM Secures $1 Billion Australian Dollar Blockchain Deal
The Australian government has chosen IBM as its central technology partner for the next five years in a deal worth $740 million dollars. The agreement will cover technology services provided to government departments, including services which will use IBM’s automation and blockchain technologies. дальше »
2018-7-9 03:00 | |
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Binance CEO: Expecting profits worth $1 billion in 2018
On 6th July, CEO Changpeng Zhao, in an interview with Bloomberg, said that Binance is expecting profits worth $1 billion in 2018. Binance, in just the first year of joining the market, has become a massive success story in the crypto industry with over 10 million users. Zhao started the venue in July of 2017 […] дальше »
2018-7-8 04:59 | |
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Meet The Japanese Man Who Is Making a Living From Mining Cryptocurrency in His Company’s Dorm Room
“Virtual currencies are processed cryptographically, a miner is the machine that supports this encryption process. If you mine Bitcoin, you can process 12. 5 bitcoins in 10 minutes, which would be the equivalent of 10 million yen, (US$ 90,000). дальше »
2018-7-7 16:01 | |
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