Visa Predictably Backs $40 Million Raise in Cryptocurrency Security System

2019-7-12 09:45

The longer you’ve been in the blockchain space, the more you’ve likely realized that traditional finance companies will come in and benefit from the technology as well. It started with patents and investments; now the companies inevitably begin to take a more active role.

Then You Win JPMorgan released its cryptocurrency. Now, much of the […]

The post Visa Predictably Backs $40 Million Raise in Cryptocurrency Security System appeared first on CCN Markets

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Thai ‘cryptocurrency wizard’ arrested after $16 million are lost in cryptocurrency scam

A Thai man who called himself the “cryptocurrency wizard” was arrested in Bangkok today, in relation to a 500 million baht cryptocurrency exchange fraud. According to a report by the Bangkok Post, 48-year old Mana Jumuang was part of a Thai-Vietnamese criminal group that duped thousands of people across multiple Asian countries.

2019-9-6 22:30


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Call of Duty crime syndicate suspected of stealing $3.3M in cryptocurrency

Recently unsealed court documents allege a pair of Call of Duty gamers were key in the success of an aggressive online crime syndicate that stole at least $3. 3 million in cryptocurrency. An FBI affidavit details the active roles played by two individuals, from Dolton and Bloomington Illinois, in an intimidating hacking campaign that saw hundreds of mobile phones accessed using stolen names, phone numbers, and other information, the Chicago Sun Times reports.

2018-10-23 13:05


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“Sustained and Increasing Demand From Institutions” – Cryptocurrency Prime Dealer Raises $22.7 Million for Its Institutional Crypto Platform

SFOX, a cryptocurrency prime dealer for institutional and large-scale investors, including funds, announced today that it had raised Series A funding of $22. 7 million. Contributors to the funding round include Y Combinator, Blockchain Capital, and others.

2018-8-16 15:49


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Did Tether Trigger a Short Squeeze or a Dead Cat Bounce? (Bitcoin Price Analysis)

This time yesterday it appeared that all was lost, as Bitcoin price slipped within $100 of the current 2018 low. Then something unexpected occurred. Perhaps shorts got squeezed out of their loftily precarious positions or was it Tether’s newly minted $130 million USDT that saved the day? Bitcoin Price Market Overview Bitcoin  spent the better part of the day fighting off bears and the cryptocurrency managed to post an impressive 10% gain as it briefly Read More The post Did Tether Trigger a Short Squeeze or a Dead Cat Bounce? (Bitcoin Price Analysis) appeared first on Bitcoinist.com.

2018-8-16 13:00


Kin Cryptocurrency to Distribute $3 Million Across 40 Blockchain Projects

Kin, the new cryptocurrency backed by the social media app, Kik, announced $3 million in funding to 40 blockchain-based applications launching on its development platform. First announced back in July, the Kin Developer Program challenged 25 developers to create apps that “successfully create meaningful earn, spend, and peer-to-peer use cases for the Kin cryptocurrency in their… The post Kin Cryptocurrency to Distribute $3 Million Across 40 Blockchain Projects appeared first on UNHASHED.

2018-8-16 01:32


Multi-Million Dollar Bitcoin Transfer to Suspected BitMEX Wallet Raises Manipulation Concerns

Controversy has begun on Twitter as approximately 18,000 Bitcoins (BTC) were recently transferred to a wallet suspected to be tied to popular cryptocurrency derivatives platform BitMEX. The large transfer, currently totaling $114 million in value, is leading some to think BitMEX might be involved in a suspected market manipulation scheme, CryptoGlobe reports.

2018-8-15 20:36


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Consumers Have Lost Almost $100 Million To ICO Exit Scams

A common criticism that onlookers have for the cryptocurrency industry is that it is rife with scams and criminal wrongdoings. While this is often an unwarranted blanket classification of this nascent industry, research done by Diar, a weekly fintech-focused publication, claims that there are still some bad actors present in this industry According to last week’s […] The post Consumers Have Lost Almost $100 Million To ICO Exit Scams appeared first on Ethereum World News.

2018-8-14 02:36


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