Crypto Exchanges
Bitfinex Ordered By UK Court Last Month to Freeze Extorted Bitcoin Funds
New reports have emerged about the $865,000 in BTC transferred to Bitfinex exchange. The sum is suspected to be part of a ransomware payment made by a company in October 2019. As per the latest news, the commercial court of England and Wales high court ordered Bitfinex to freeze all the suspected ransomware funds ($865,000 […]
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Mistook Pin for Crypto-Wallet Password
Schiffgold Chairman and Crypto-Critic Peter Schiff Mistook Pin for Crypto-Wallet Password Peter Schiff, CEO of Euro Pacific Capital and Chairman of Schiffgold, updated the latest on his alleged corrupted bitcoin wallet by saying that he mistook his pin for his password as he also never had his seed phrase. In another of his tweets, Schiff […]
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Lawsuit Alleging Market Manipulation by Tether and Bitfinex Has Been Withdrawn
On January 10, 2020, one of the lawsuits against Tether and Bitfinex was withdrawn by the plaintiffs. The case withdrawn was filed on November 22, 2019, by Eric Young and Adam Kurtz against iFinex, the parent company of Tether and Bitfinex, for alleged market manipulation. The plaintiffs purported that Bitfinex and Tether distributed false info […]
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SBI and GMO
SBI and GMO to Set up Crypto Mining Shops with Whinstone Inc. in Texas On 7th January 2020, SBI Holdings and GMO Internet In., the Japanese internet services provider, partnered with Northern Bitcoin AG through its subsidiary whinstone Inc. to start a crypto mining facility in Rockdale Texas. The Northern Bitcoin AG, a German company […]
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IDAX Global Crypto Exchange Suspends Transactions as CEO Goes Missing
The staff at the crypto-exchange IDAX Global announced on their website that they had suspended access to their Cold Wallet after the disappearance of their CEO. The news comes six days after the Chinese exchange announced the congestion of their IDAX mainstream currency withdrawal channel, as a result of increased demand for IDAX withdrawals. IDAX […]
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BREAKING: Upbit hacked for 342,000 ETH, Massive TRX & XLM moves also
Upbit has reportedly been hacked for 342,000 ETH in recent hours. Notably a large number of TRX and XLM transfers have also moved out of Upbit and into Bittrex however Upbit have not made any statements on these additional moves as yet. Twitter is awash with Exit Scam rumours but it is more likely that […]
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Ex-Softbank Executive Launches Blockchain Project To Offer Security to Governments
Zurab “Z-Man” Ashvil, an ex-Softbank executive, announced the launch of L3COS, a project that will offer blockchain security and performance to national governments, businesses, and individuals. L3COS is a Level 3 Consensus Operating System that uses blockchain tech to create regulated infrastructure for sovereign countries to digitize value and automate processes. L3COS [pronounced lecos] gives […]
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LocalEthereum Exchange Adds Support for Bitcoin After Rebranding to LocalCryptos
LocalEthereum, a direct competitor for peer-to-peer (P2P) platform LocalBitcoins, rebrands to LocalCryptos as a new initiative to support other digital assets, including Bitcoin (BTC). By rebranding, the platform will continue being a one-stop-shop for fiat-to-crypto ramps worldwide, beginning with BTC and ETH. The most significant change, for now, is that users can exchange BTC P2P […]
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Cryptocurrencies in Latin America
This year has not been the best year for the economic status in Latin America. However, cryptocurrency growth in the continent continues to show great potential. According to a survey conducted by Statista, people in third world countries, are exploiting the benefits of cryptocurrencies more than the folks in stable and thriving nations. According to […]
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Cryptocurrency Firms Charged by SEC Are Reportedly Navigating Around Settlement Terms
WSJ reports that several companies are failing to meet investor repayment and transparency deadlines issued by SEC. SEC efforts to push for accountability and law compliance from cryptocurrency start-ups seem to bear no fruits. The crypto watchdog has listed many digital assets as securities that are subject to investor protection laws. During its operations, it […]
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