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In the Daily: Quadrigacx Losses, Bithumb UAE, Coinbase Cloud Backup, Chainalysis Funding
In this edition of The Daily we cover a number of developments related to different cryptocurrency exchanges. A report shows that Quadriga has “lost” another half a million dollars, Bithumb is expanding its reach to the UAE, and Coinbase has launched a controversial new cloud backup service. дальше »
2019-2-13 12:40 | |
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Bad Streak for Bitcoin Exchange QuadrigaCX: Another $400k Lost
CoinSpeaker Bad Streak for Bitcoin Exchange QuadrigaCX: Another $400k Lost Canadian crypto exchange QuadrigaCX has faced with new misfortune. It moved 103 Bitcoins to a wallet that it doesn’t have access to. дальше »
2019-2-13 12:34 | |
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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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Bitcoin is Not Only a Hedge Against Inflation, But a Cashless Society Too
Bitcoin (BTC) may have lost over 80% of its value over the past 13 months, but many have argued that its underlying value proposition has only become more and more apparent. Hasu and Three Arrows’ Su Zhu, two crypto researchers, touched on the subject matter on Tuesday, when they released a collaborative blog post outlining. дальше »
2019-2-13 03:00 | |
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2018 Securities Report Suggests Fraud in the Financial Sector Goes Beyond Cryptocurrency
On February 7, the Texas State Securities Board (TSSB) published a report wherein it makes an analysis of the millions of dollars lost related to fraud during 2018. The report reveals that the majority of the losses far beyond the cryptocurrency sector. дальше »
2019-2-12 13:30 | |
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Indians Lost $2.3 Billion in Remittance Payments in 2018; Can Bitcoin Help with Near-Zero Fees?
According to The Times of India, money transfers cost citizens and non-residents over $2. 3 billion in fees last year for clearing payments into India, the world’s biggest market for inward remittance. дальше »
2019-2-12 11:55 | |
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Ethereum Classic (ETC) Prof Proposes Simpler Smart Contract Debugging
Christian Seberino, an Ethereum Classic and IOHK professor, has proposed a new method of debugging smart contracts. With millions of dollars lost to smart contract flaws each year, designing secure smart contracts is a vital matter. дальше »
2019-2-12 07:44 | |
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FlibFlib Analyst: Bitcoin Price Needs To Reach $7,000 If It Wants To Save The Mining Industry
Analyst Says Bitcoin Needs To Reach $7,000 If It Wants To Save The Mining Industry Bitcoin (BTC) has been affected by a bear market that started back in December 2017. The digital currency lost more than 80% of its value and other digital assets followed the trend and fell even further. There are several projects […] дальше »
2019-2-12 00:17 | |
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Binance Coin (BNB) Hits ATH in BTC Market, It’s All about “BUIDL”
Binance is the biggest cryptocurrency exchange according to the Coinmarketcap with 24-hours trading volume of $688 million. Binance Coin (BNB) is the cryptocurrency created by Binance for this platform. дальше »
2019-2-11 20:47 | |
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One QuadrigaCX User Lost Over $420,000 as Community Continues to Suffer in Pending Litigation
The customers of QuadrigaCX are (rightfully) angry and frustrated over the cards that are dealt with them. One of the most recently publicized cases of someone’s investment going wrong is Tong Zou, who is just 30 years old. дальше »
2019-2-11 17:58 | |
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Why Japan Might Quash Brock Pierce’s Plans to Re-Launch Notorious Bitcoin Exchange Mt. Gox
Ever since the security breach of Coincheck in January 2018, formerly the largest crypto exchange in Japan, local authorities have imposed a stricter process in granting licenses to trading platforms that support Bitcoin and other cryptocurrencies. дальше »
2019-2-11 00:14 | |
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Bitcoin Investor Lost Life Savings When QuadrigaCX Didn’t Issue $422,000 Withdrawal
In a matter of weeks, the demise of QuadrigaCX, once Canada’s largest Bitcoin exchange, has reached the front pages of mainstream media outlets worldwide. Bloomberg, Reuters, and Fox Business are among the mass of notable outlets that have covered this debacle. дальше »
2019-2-11 00:00 | |
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Excuse Me Gov. Northam, But What the Hell is Going on in Northern Virginia?
The Commonwealth of Virginia is engulfed in scandal, and it’s even more bizarre because it’s so many different scandals all concentrated at the same point. The date rape accusations against Virginia Lt. дальше »
2019-2-11 22:51 | |
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California Engineer Loses $422,000 in Life Savings after Using QuadrigaCX; Is Help Coming?
A California-based engineer lost the entirety of his life savings after using QuadrigaCX’s cryptocurrency exchange for remittance. Tong Zou, 30, said in an interview to Bloomberg that he had opened a withdrawal request at QuadrigaCX in October 2018. дальше »
2019-2-10 16:50 | |
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TRON (TRX) Long-Term Price Forecast- February 10
TRX/USD Long-term Trend: Ranging Supply zone: $0. 0400, $0. 05000, $0. 0600 Demand zone: $0. 01000, $0. 00800, $0. 00600 Tron long-term outlook continues a range-bond market. The bullish pressure was strong within the week as TRXUSD rose to $0. дальше »
2019-2-10 15:45 | |
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Blockchain Technology: Improving Online Shopping Experience
Blockchain technology is at its all time high right now. Cryptocurrency’s market has grown within a few months to a complete new and unique place to trade and buy cryptocurrencies. But, we lost so much in discussing about cryptocurrency that we forgot about the core, Blockchain. дальше »
2019-2-10 13:14 | |
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IOTA (MIOTA) Long-term Price forecast- February 10
IOT/USD Long-term Trend -Bullish Supply zone: $0.6000, $0.7000, $0.8000 Demand zone: $0.1000 $0.0800, $0.0600 IOTA is in a bullish trend in the long-term outlook. After a drop to $0.2383 in the demand area the bears lost momentum and failed to continue the downward movement on 6th February. This sets the bulls up for the journey […] дальше »
2019-2-10 11:23 | |
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Canada’s Regulators Might Help Crypto Exchange QuadrigaCX’s Victims After All
Provincial securities regulators in British Columbia, Canada, won’t be investigating the QuadrigaCX scandal. However, new developments could see Canada’s largest securities body, the Ontario Securities Commission (OSC), begin an investigation. дальше »
2019-2-10 10:43 | |
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Despite Bitcoin’s Price Drop In 2018 Analysts Believe It’s Fine To Hold BTC As Store Of Value
Despite Bitcoin’s Price Drop In 2018 Analysts Believe It’s Fine To Hold BTC Bitcoin (BTC) did not have a good 2018 in terms of price action. The most popular digital currency in the market did not perform well. дальше »
2019-2-10 23:05 | |
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EA’s Apex Legends Gets Insane 10 Million Players in 3 Days, Can it Become Bigger than Fortnite?
Electronic Arts Inc. shares are rising, and it seems to be gaining lost grounds with its latest title, Apex Legends, amassing millions of players within a short period. Watch Apex Legends Gameplay Below + First Impressions The Canadian gaming giant saw its stock rise by 16 percent on Friday, after announcing that Apex Legends, it’s Fortnite competitor had gained 10 million players and 1 million concurrent players, 72 hours after it was released, and the fans seem to be loving it. дальше »
2019-2-9 18:52 | |
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QuadrigaCX Victims Won’t Get Any Help from Canadian Regulator Over $136 Million in Lost Crypto
In what is the latest twist in the ongoing QuadrigaCX saga, there is some more bad news for users of the Canadian exchange, as the British Colombia Securities Commission (BCSC) said on Thursday that the exchange does not fall under its purview, which means that users are not entitled to any kind of investigative or compensatory action by the regulator. дальше »
2019-2-9 14:33 | |
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Bitcoin Bulls Stampede Past $3,700 & Wider Crypto Market Rallies with Them
Everyone knew a breakout was coming. A tight trading pattern lasted for weeks, which is almost always a precursor to big activity, one way or the other. In the case of Bitcoin and most everything else in the crypto market over the past 24-hours, things went very positive. дальше »
2019-2-9 03:08 | |
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As the Case Against QuadrigaCX Progresses, Creditors Fight for Top Priority
The QuadrigaCX trading platform has been struggling for a while, only to be amplified by the death of former head Gerald Cotten. Much of the court discussions have surrounded the laptop of Cotten, which allegedly contains access to cold wallets and more that could reimburse creditors for what they’ve lost. In fact, at least for […] дальше »
2019-2-9 00:34 | |
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Its Now Easier to Convert Fiat to Cryptocurrency Directly via AirSwap
Even when the growing list of decentralized exchanges is highly expected to reduce the amounts of cryptocurrencies lost in hacks, there’s one thing that they may fail to adequately resolve! They may not eliminate the need for traders to first acquire their digital assets on custodial wallets before transferring them to their respective “self-custodied” wallets. […] дальше »
2019-2-9 22:57 | |
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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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Bitcoin and Ether Market Update: February 8, 2019
The total crypto market cap lost $2 billion of its value since February 6, 2019, and now stands at $111. 5 billion. Bitcoin is still hovering around $3,400 while ether holds $105. BTC/USD Bitcoin lost 1. дальше »
2019-2-8 11:00 | |
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New Zealand Police Report States Cryptopia Hack Investigation Has Been Progressing Well
The police force from New Zealand has recently emitted a report stating that it has been making important progress on the case of the local crypto exchange Cryptopia, which was hacked and lost over $16. дальше »
2019-2-7 22:53 | |
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FCA Issues Warning Against Scams
The FCA has announced that the amount lost to scams in 2018 reached $255 million in 2018 and urged investors to beware before they spend money on investors, as per a February 6, 2019 press release. Conning Crypto Scams are nothing new, however the sheer amount of money lost to various scams, including crypto scams,Read MoreRead More. дальше »
2019-2-7 22:00 | |
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Dow Gets Lost in the ‘Fog of Brexit’ as Stock Market Craters
The U. S. stock market declined sharply on Thursday after the Bank of England (BOE) slashed its growth outlook for 2019, citing underlying risks tied to Brexit. The United Kingdom is struggling to carve out a clear exit strategy from the European Union after Members of Parliament voted to reject Theresa May’s latest Brexit deal. дальше »
2019-2-7 19:52 | |
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Bitcoin, Ether, and XRP Weekly Market Update: February 07, 2019
For the last seven days, the total crypto market cap lost another $3. 5 billion of its value and now stands at $112 billion. Bitcoin, ether, and XRP are all in red for the same period while Binance Coin (BNB) stormed into the top ten. дальше »
2019-2-7 14:00 | |
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Binance, Like Coinbase, Outperformed 2018’s Crypto (Nuclear) Winter
Binance Scores $446M Amid Bitcoin Crash According to an exclusive piece compiled by The Block, Binance, one of the world’s most well-known crypto upstarts, continued to post impressive profits, even as Bitcoin (BTC) lost over 70% of its value in fiscal 2018. дальше »
2019-2-7 08:30 | |
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Nvidia Crypto Mining GPU Chip Producer Stocks Underperform, Was Bitcoin’s Bear Market to Blame?
The cryptocurrency market has been in a bear trend since the end of 2017. Bitcoin (BTC) lost more than 80% of its price during 2018 and many other digital assets lost more than 90% of their value during the same period of time. дальше »
2019-2-7 05:09 | |
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New Action Fraud Data Prompts FCA in the UK to Warn Investors About Crypto Scams
One of the less pleasant parts of cryptocurrency is the rampant scams that are common in the industry. This is true of any emerging industry but The Financial Conduct Authority (FCA) of the UK has issued a warning to investors against dialing for crypto-related scams. дальше »
2019-2-7 01:29 | |
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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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QuadrigaCX Gets Temporary Reprieve From Creditors as $180M ‘Floating Around’
QuadrigaCX, the embattled Canadian Bitcoin exchange, yesterday obtained a temporary reprieve from its creditors. Meanwhile, the matter of the over $260 million worth of “lost” cryptocurrencies “held” by the exchange remains unresolved with conflicting details emerging from various sources. дальше »
2019-2-6 16:00 | |
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UK Financial Watchdog: $255 Mln Lost in Crypto-Related, Other Investment Scams in 2018
The U.K.’s Financial Conduct Authority has reported that common investment scams’ losses, including those crypto-related, amounted to over $255 million in 2018
дальше »2019-2-7 14:59 | |
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Cryptocurrency exchange QuadrigaCX given 30-day lifeline to find ‘lost’ $134M
Troubled cryptocurrency exchange QuadrigaCX has been granted an order for creditor protection by a Canadian supreme court. The court-issued order means QuadrigaCX will have 30 days of initial protection from its creditors to allow it to come up with a ‘Plan of Arrangement’. дальше »
2019-2-6 14:50 | |
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Bitcoin and Ether Market Update: February 6, 2019
The global crypto market cap lost another $2 billion since the beginning of the week and now stands at $111. 5 billion according to CoinMarketCap. Bitcoin and ether were trading mostly within standard ranges. дальше »
2019-2-6 12:00 | |
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Arwen Startup Thinks Its Possible to Be Protected Against Cryptocurrency Exchanges Hacks
Cryptocurrency hacks and attacks to crypto exchanges have been a very common thing during the last years. Several cryptocurrency platforms have been hacked and users lost their digital assets from one day to the other. дальше »
2019-2-6 04:28 | |
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Crypto Researcher: QuadrigaCX Exchange Never Had $190 Million Worth of Bitcoin in its Coffers
The story of distressed Canadian cryptocurrency exchange QuadrigaCX which filed for bankruptcy since the sudden death of its CEO, Gerald Cotten, has taken a new dimension, as a recent research report by Zerononcense has revealed that the cryptocurrency trading venue never had the $190 million in bitcoin it claimed to have lost access to since […] дальше »
2019-2-6 23:39 | |
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Hacked Cryptopia Exchange Might Reopen in February According to New Zealand Police Reports
Police officers investigating the hack of Cryptopia have surprised investors recently as they affirmed that the company might start to work again within the new few weeks. Such a quick recovery was very unexpected as the crypto exchange was hacked on January 14 and it lost over $20 million USD worth in cryptos. Soon after […] дальше »
2019-2-5 11:11 | |
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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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QuadrigaCX Exchange’s Lost Crypto Funds of $150 Million Might Be Active Per Reddit Researcher
Some of the $150 million from the “lost” reserves of QuadrigaCX, Canada’s largest crypto exchange company, might be on the move. It was reported that Gerald Cotton, the CEO of the company who passed away, was the sole signatory and executor to the funds. дальше »
2019-2-4 18:44 | |
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Fintech Experts Make Bitcoin Price Predictions, Say BTC Could Rise by 84% in 2019
According to a group of experts surveyed by Finder. com. au, Bitcoin could see a rise in 2019 with its price increasing by as much as 84% during the year. Bitcoin is currently trading just shy of $3,500, just over a year after reaching an all-time high of $20,000. дальше »
2019-2-4 17:49 | |
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How Much Bitcoin and Crypto Assets Goes Missing After Users Pass Away?
A few days ago the QuadrigaCX exchange announced that they lost around $190 million in virtual currencies due to the fact that the owner of the exchange passed away. According to different reports that spread on the internet, the owner of the platform, Gerald Cotten, was the only person in possession of the digital assets […] дальше »
2019-2-4 21:49 | |
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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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