2019-4-21 13:09 |
Over 90% percent of the value of a Chinese publicly listed construction company turned to cryptocurrency mining, Huatie, has been lost before the company has been sold
Similar to Notcoin - Blum - Airdrops In 2024
2019-4-21 13:09 |
Over 90% percent of the value of a Chinese publicly listed construction company turned to cryptocurrency mining, Huatie, has been lost before the company has been sold
Similar to Notcoin - Blum - Airdrops In 2024
Bulk Trader is a Blockchain powered Online Marketplace Platform dedicated to B2B sales and services. Bulk Trader is a unique hyperlocal ecommerce platform with creative digital marketing solutions for accredited vendors & buyers for goods in bulk.
2019-4-21 11:03 | |
A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities amounting to about $23 million. 90 Percent Value Plunged Probably Due to 2018 Bear Market According to Chinese crypto media outlet 8BTC, Huatie HengAn, a subsidiary of Huatie has been sold for $2 million.
2019-4-20 02:00 | |
Shuttered cryptocurrency exchange QuadrigaCX could be headed toward bankruptcy proceedings to give creditors the best shot at recouping assets. Ernst & Young (EY) in its latest report recommends transitioning Vancouver-based Quadriga Fintech Solutions, the exchange’s parent company, from a restructuring into bankruptcy proceedings.
2019-4-3 15:38 | |
QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order.
2019-4-3 01:19 | |
The Tokyo-based cryptocurrency exchange Coincheck has launched a Bitcoin over-the-counter (OTC) trading service for its users, per a post published on its official blog.
2019-4-2 18:26 | |
Imagine for a second you run the largest aircraft manufacturing company in the world. You have orders worth +$600-billion of an aircraft model that, as of March 10th 2019, has had it’s second tragic crash.
2019-3-30 16:30 | |
Cryptocurrency exchange DragonEx says it has been hacked, although it is not yet known how much has been lost in the alleged attack. The Singapore-based company announced the news on its official Telegram channel on Monday.
2019-3-26 14:22 | |
VanEck has been one of the most popularized applicants for the approval of a Bitcoin ETF. During the government shutdown, rather than becoming a lost request and being rejected automatically for the lack of public survey, the company withdrew, improving their product in a way that would be more solid for the Securities and Exchange […]
2019-3-26 07:30 | |
Bitmain’s long-anticipated initial public offering (IPO) filing with the Hong Kong Stock Exchange is officially a bust. The mining titan’s IPO expired on Tuesday, March 26, 2019.
2019-3-26 00:22 | |
Facebook has been going through some tough times when it comes to public sentiment. The platform has lost 80% of its market cap in the last 12 months and as for the company’s owner, Mark Zuckerberg, he’s also lost $19 billion in the process.
2019-3-18 20:28 | |
Gatecoin, a cryptocurrency exchange based in Hong Kong, has announced that it is shutting down and entering liquidation following failed attempts at recovering lost funds stemming from a dispute with a past payment services provider.
2019-3-17 20:00 | |
The blockchain company Digital Asset has lost a high-profile executive and board member, Sallie L. Krawcheck. This is the second important executive that leaves the company. First, Sofus Mortensen, product manager for Digital Asset Modelling Language (DAML), left the firm.
2019-3-15 20:18 | |
CoinSpeaker Two Top Level Executives Leave Facebook, FB Stock Dives Over 3%On Thursday, two of Facebook's top-level executives had put their papers down. This hasn't gone unnoticed as the company's stock lost 3%.
2019-3-15 18:43 | |
Facebook suffered its worst-ever outage on Wednesday 13th March. The downtime, which also hit related products Instagram, Messenger and WhatsApp, lasted for at least 14 hours. The blackout hit millions of users across the globe and caused Facebook stock to tumble 2 percent in after-hours trading.
2019-3-14 16:24 | |
Seminal cryptocurrency exchange Gatecoin is dead. It’s finally going into liquidation, years after it lost $2 million in cryptocurrency belonging to its customers. Gatecoin was one of the first regulated digital asset exchange services to spring up.
2019-3-14 14:24 | |
When leaked pictures of Samsung’s latest smartphone went viral, the crypto sphere lost its mind over a singular feature: a built-in cryptocurrency wallet. Samsung would quickly deny rumors that the S10 contained a baked-in hardware wallet.
2019-3-13 22:31 | |
According to pseudonymous cryptocurrency researcher “I am Nomad” and a report from The Block, QuadrigaCX co-founder Michael Patryn traded large Bitcoin positions on BitMEX surpassing the tune of $8 million.
2019-3-8 20:36 | |
Welcome to TNW Basics, a collection of tips, tricks, guides, and advice on how to easily get the most out of your gadgets, apps, and other stuff. Look, you haven’t lost your mind. Your old iPhone may actually be slower than before.
2019-3-7 13:52 | |
The cold wallets of QuadrigaCX, once the largest crypto exchange of Canada, have reportedly been found to be empty. According to Bloomberg, most of the Bitcoin funds from the exchange’s cold wallets were moved out in April 2018, more than 9 months before QuadrigaCX revealed it had lost $150 million in customer funds after its CEO Gerald Cotten passed away with sole control of the company’s wallets.
2019-3-4 13:21 | |
The San Francisco crypto exchange Kraken has announced the company is offering a $100,000 reward in exchange for a solid lead toward finding the missing Quadrigacx coins. Kraken has explained the company wants to bring more “awareness and attention” to the case and hopefully locate some of the lost funds.
2019-3-1 08:46 | |
Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company. Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration.
2019-2-27 23:13 | |
According to an official statement published on February 25, 2019, Bitfinex has revealed that the United States government returned 27. 7 BTC (worth about $105,000 USD) to the exchange, as part of restitution for a hack that was effected on the exchange back in 2016.
2019-2-26 02:39 | |
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year.
2019-2-26 22:09 | |
It seems like just yesterday when Bitcoin investors were startled by the news that Mt. Gox, one of the world ’s first Bitcoin exchanges, was in serious trouble. Five years ago, on Feb. 24, 2014, reports began circulating that the Bitcoin exchange had lost three-quarters of a million bitcoins.
2019-2-25 02:45 | |
It’s been a rough year for Apple. iPhone sales are down 15%. The stock price got crushed. And now the company has lost its top spot on Fast Company’s list of the 50 Most Innovative Companies. The iPhone maker is replaced at number one by Chinese “super app” Meituan Dianping.
2019-2-22 14:03 | |
The recent scandal of QuadrigaCX in which Canada’s biggest cryptocurrency exchange lost $150 million worth of crypto shocked the financial space. It deteriorated the public image of the cryptocurrency sector overnight as analysts condemned the loss of hundreds of millions of dollars following the alleged death of CEO Gerald Cotten who had sole control over the company’s holdings and user funds.
2019-2-17 15:46 | |
QuadrigaCX, a Canadian crypto exchange, has been receiving a great deal of heat lately for lost funds. And worse yet, it could be the case that the company’s deceased founder may have stored the exchange’s private keys in a safety deposit box.
2019-2-17 04:39 | |
In case you didn’t realize it during the brutal bear market of 2018, the days of stupid money flowing stupidly into any and every cryptocurrency-related project are over. Now, it’s all about the maturity of the nascent market, and that means institutional investors ‘need’ to step in — a sentiment not lost on some startup companies.
2019-2-16 13:00 | |
Phunware is a company that has largely posted losses. According to the Wall Street Journal, the company lost almost $26 million in 2017 and another $3 million during the first half of 2018. Nonetheless, the last couple of months have seen wild trading for PHUN.
2019-2-14 00:26 | |
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.
2019-2-13 03:56 | |
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.
2019-2-11 00:14 | |
BitTorrent (BTT) price has lost over 11 percent of its value in the last 24 hours. The move comes as the company announced that leading cryptocurrency payment processor CoinPayments supports BTT.
2019-2-11 08:05 | |
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.
2019-2-7 01:01 | |
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.
2019-2-6 16:00 | |
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 […]
2019-2-5 11:11 | |
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.
2019-2-4 20:00 | |
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.
2019-2-4 18:44 | |
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.
2019-2-3 11:48 | |
Customers foolish enough to leave funds at the Canadian crypto exchange QuadrigaCX have a lot to be worried about. According to a post by the company’s board of directors, the platform has lost access to the digital assets it held in cold storage.
2019-2-1 02:00 | |
Do you remember Coincheck? This is the Japanese crypto exchange that was hacked back in 2018 and that lost most of its money. After some time, the company was acquired by the Japanese online broker company Monex Group to save the company and it looks like this may actually be happening. According to the newest […]
2019-2-1 01:56 | |
Does the idea of looking for forgotten riches under the ocean excite you? It surely did for the folks at the Bahamian tech company PO8. The Caribbean company has developed a blockchain project that is quite creative and different from most of the other uses we often see. PO8 is using the blockchain in order […]
2019-1-31 02:21 | |
The total crypto market cap lost $7 billion of its value since January 25 and now stands at $113 in the early hours of January 28. Bitcoin is down three percent for the same time period, ether fell eight percent.
2019-1-28 12:00 | |
Cryptopia was recently the victim of a highly publicized hack, leading blockchain infrastructure firm Elementus to perform some investigative work. According to their findings, the New Zealand exchange lost $16 million worth of ERC20 tokens and Ethereum.
2019-1-23 22:50 | |
The long-running bearish sentiment of cryptocurrency market has claimed another victim. Giga Watt, a US-based Bitcoin mining firm, sent an email to its customers, stating that it has decided to close down operations.
2019-1-18 18:06 | |
If you are an old-timer in the Bitcoin market, you have probably already heard of Mt Gox at least once. The Japanese crypto exchange was the largest company of its kind in the world until it was hacked and it went bankrupt.
2018-12-27 20:38 | |
Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt.
2018-12-13 21:15 | |
Decentralized apps (DApps) based on the EOS blockchain have lost 400 000 EOS to hacks since July, Blockchain Truth reported on December 4. The report cites data by PeckShield, a blockchain security company that monitors different ecosystems.
2018-12-11 15:19 | |
Latest Bitcoin Cash News Unconfirmed reports indicate that Bitmain—the Beijing based behemoth that manufactures and supplies the world with ASIC miners—will post huge losses for the third quarter mostly because of dropping digital asset prices and drop in mining gear demand.
2018-12-6 15:44 | |