Canada Shuts Down Crypto Exchange. It Still Owes Customers $12 million 

2019-11-6 18:52

What has been a fairly bad few weeks for cryptocurrency exchanges, just got a little worse?  A Vancouver-based crypto trading platform, Einstein Exchange, has been closed by Candian authorities; while still owing $16 million in outstanding obligations.

What Happened to Einstein? On Monday, the British Columbia Securities Commission (BCSC), provided a statement noting the “action […]

The post Canada Shuts Down Crypto Exchange. It Still Owes Customers $12 million  appeared first on CCN. com

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Munroe College in Manhattan has been hit by a ransomware attack that has shut down the college’s computer systems. The hackers are demanding 170 bitcoin (BTC), which is roughly $1. 9 million. The malware infection came to light on the morning of July 10, but the specifications of the infection are still largely unknown, as reportedRead MoreRead More.

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Partnership Triggers Over 170% Surge For MoneyGram But Ripple’s XRP Still In Decline

Ripple has just inked a partnership with Moneygram in its quest to expand its market reach. The company has invested around $50 million in Moneygram. In so doing, Ripple means to shore up the adoption of XRP and take the crypto mainstream, especially considering that Moneygram serves a large user base that would benefit from […] The post Partnership Triggers Over 170% Surge For MoneyGram But Ripple’s XRP Still In Decline appeared first on ZyCrypto.

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Canada: Einstein Cryptocurrency Exchange Loses Customers’ Funds

Another Canadian cryptocurrency exchange has shut down following allegations of misappropriating client funds. Recent findings revealed that customers’ money held by the crypto exchange was missing, as it was discovered that the company did not have enough funds to pay indebted customers.