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The Mt.Gox debacle, originating from the devastating 800,000 Bitcoin hack in 2014, continues, with recent court documents showing that creditors may finally get the money and Bitcoin they deserve. Civil Rehabilitation Process Finally Begins Mt.Gox is undoubtedly the cryptocurrency exchange with the most amount of notoriety, suffering the...
Nano, the cryptocurrency focused on instant and feeless transactions, has had a recurring problem with unexpected technical errors. The recent release of the official Nano wallet was no exception, as developers found a bug that threatened the security of user’s funds. Nano Team: “IMMEDIATELY MOVE YOUR FUNDS TO...
The regulatory crackdown on fraudulent and malicious cryptocurrency operations has continued, with more reports showing scams falling to the might of regulators. The BleepingComputer reported that Ukrainian men had been arrested on suspicions of the operation of fraudulent cryptocurrency exchanges. Four Men, Over Six Fake Cryptocurrency Exchanges According...
The Bithumb situation has quickly developed over the past 24 hours, resulting in rampant speculation about what exactly happened. Bithumb ‘Suspiciously’ Deletes Original Tweet News of yesterday’s hack quickly broke on Bithumb‘s official Twitter account, but oddly enough, Bithumb deleted the original message after only a few hours....
Bithumb, one of the largest exchanges in Asia, just broke the news that it has been hacked, with the hackers reportedly stealing over $30 million worth of cryptocurrencies. Bithumb Wallet Change Backfires At 12:49 UTC on June 19th, Bithumb announced that they would be temporarily suspending deposits due...
Coinbase U.K. CEO Zeeshan Feroz said that the announcement of Ethereum Classic was more successful than Bitcoin Cash at the CryptoCompare MJAC 2018 conference today. He also spoke on the use of mobile payment networks to bring financial services to the unbanked, criticized the current financial payments system,...
Amidst the brutal market conditions, a Reddit user, BeanThe5th, has somehow managed to get in more trouble than the market is currently in, reportedly losing two Bitcoin in a hack. Reddit User Loses Two Bitcoin In Binance Hack Yesterday, BeanThe5th made a thread in the popular /r/cryptocurrency subreddit, regarding...
Taking a step towards mainstream financial markets, one of the most valuable cryptocurrency platforms, Circle Internet Financial Ltd., is looking to make moves into the highly regulated realm of U.S. banks and brokerages. Circle Initiate Talks With US Regulators More specifically, Circle plans to obtain a federal banking...
One of the largest cryptocurrency companies in the world, Coinbase, just announced that it will be opening up operations in Japan very shortly. Coinbase Japan’s First Steps Although it may be easy for Coinbase to obtain business licenses in other countries, in Japan, it may be especially difficult....
Japan has quickly become an important region in the cryptocurrency industry. It is one of the few countries to effectively legitimize Bitcoin as a means, yet the region is also home to strict regulation. As such, HitBTC has confirmed it will suspend services in Japan to avoid any...
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