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QuadrigaCX Court Issues Continue As Conflict Of Interest Is Exposed Regarding Former Law Firm

QuadrigaCX Court Issues Continue As Conflict Of Interest Is Exposed Regarding Former Law Firm The legal representation of QuadrigaCX has been a problem. Weeks ago, the law firm Stewart McKelvey and Jennifer Robertson had parted ways in the case, which Robertson credited to a conflict of interest. Robertson, the widow of founder Gerald Cotten, had […] дальше »

2019-3-22 08:06


As QuadrigaCX Legal Case Progress Continues, Law Firms Appoint a Steering Committee for Creditors

The problems amongst the QuadrigaCX platform date back over a year, but their most recent development is amongst the creditors. Law firms Miller Thompson and Cox & Palmer have created a commit on behalf of the 115,000 former customers of the platform, according to a court notice on March 19th. On a post on Wednesday, […] дальше »

2019-3-21 18:50


Lock Your ETH And Get Free Crypto? ‘Lockdrop’ is a New Twist On Airdrops by Commonwealth Attracting Investors

Commonwealth, a startup company focused on crypto governance, had a novel idea, to twist how airdrops work in order to attract more investors. Now, the company was able to raise $2 million USD from a group of investors which included Canaan Partners, 1confirmation and Ryan Zurrer, a former partner of Polychain. As reported by the […] дальше »

2019-3-21 02:28


CFTC Chair of Prior Year Summons Congress to Move In On Cryptocurrency Regulation Guidelines

Many cryptocurrency firms are unclear about regulations, which makes it extremely difficult for them to ensure that they are abiding by the law. Timothy Massad, the former chairman of the U.S. Commodity Futures Trading Commission (“CFTC”), recently commented on the issue and discussed that Congress needs to fix the issue in the interest of market […] дальше »

2019-3-20 18:23


Co-Founder of QuadrigaCX Exposed as Reports of Criminal Convictions Surface

QuadrigaCX has been taking up a lot of press time lately as the platform works to regain the missing cryptocurrency that it owes to its former investors. However, the attention is being shifted to the co-founder right now, and his criminal activities that fill up his past. Known to investors as Michael Patryn, his former […] дальше »

2019-3-20 03:44


Analyst: Recent Bitcoin (BTC) Rallies Have Coincided with Fresh Bitmex Quarterly Futures

Bitcoin was recently able to surge above its previous level of strong resistance around $4,000, but BTC has not incurred any significant buying pressure since climbing above this price level. It currently remains unclear as to whether or not this former resistance level will now flip to become a level of support, which would be. дальше »

2019-3-18 22:30


Crypto Battle Royal: Calvin Ayre Implies John McAfee May Be Guilty, Eliciting Aggressive Responses

Everyone knows the name “John McAfee,” though the majority of these people probably know him from the massive antivirus company he created several decades ago. In 2012, he became notable for leaving his former home Belize when the police were looking to question him, regarding the murder of a nearby neighbor. Ultimately, it was released […] дальше »

2019-3-17 18:10


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Mt.Gox’s Mark Karpeles Dodges Embezzlement Charges, Lands Jail Term for Falsifying Data

The former owner of the now-defunct Mt. Gox bitcoin exchange, Mark Karpeles, has been sentenced to two and half years in prison by a prosecutors in Japan. The Tokyo District Court found him guilty for falsifying computer data in connection with the colossal heist, an event that saw half a billion dollars worth of bitcoin disappearRead MoreRead More. дальше »

2019-3-15 14:17


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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


Gatecoin Cryptocurrency Exchange Calls It Quits After Six Years And $2 Million Hack

Gatecoin Cryptocurrency Exchange Calls It Quits After Six Years. Gatecoin, a Hong Kong-based cryptocurrency exchanged founded in 2013 by Aurelien Menant, a former investment banking expert, has announced it is now bankrupt and would end operations with immediate effect, according to a statement by the firm on March 14, 2019. End Of The Road For […] дальше »

2019-3-15 23:22


Illinois Judge Blocks Mt Gox CEO’s Bid to Weasle out of Bitcoin Trader Lawsuit

For Mark Karpeles, the former CEO of the shuttered Mt. Gox bitcoin exchange, the hits just keep on coming, this time from more than 6,000 miles away. An Illinois court in a Memorandum Opinion and Order issued on March 12 has denied Karpeles the chance to make a class action complaint in which he is named as a defendant go away, despite the fact that the infamous cryptocurrency exchange was based in Tokyo. дальше »

2019-3-14 19:06


‘Peak Trump’ Author Predicts 40 Percent Drop in Stocks, Says Rally Is Irrational

Former U. S. budget director from the Ronald Reagan era David Stockman is predicting a stock market collapse. Stockman, who is also the author of a book called “Peak Trump,” is not impressed by the S&P 500’s three-day winning streak or the fact that the index is about close at a multi-month high after last week’s declines. дальше »

2019-3-14 03:15


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Former HSBC & Barclays Hacker to Demo Crypto Security Flaws at SXSW ‘19

A former “ethical hacker” with a number of high-profile institutions plans to host a blockchain security demonstration live at South By South West (SXSW) 2019. According to a press release, Rob Pope, currently of Dogtown Media and formerly a security specialist with HSBC and Barclays, will present on the weaknesses of various encrypted systems associated. дальше »

2019-3-14 02:00