Crypto Exchange FCoin Insolvent After Revealing Up to $130M Bitcoin Shortfall

2020-2-18 17:00

Fcoin, a crypto exchange that adopted the controversial "trans-fee mining" model, has paused trading and withdrawal services after revealing a shortage of crypto assets worth up to $130 million.

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crypto revealing exchange fcoin services withdrawal trading

Источник: coindesk.com

crypto revealing → Результатов: 70


Фото:

Win or Lose, These Crypto Whales Share Their Trades

Whales are mega-rich traders who inhabit the depths of the crypto seas. Theirs is a realm of dark pools, hidden order books, OTC deals, and rich list wallet addresses. Shunning publicity in favor of pseudonymity, most whales keep their trading and personal lives separated, with only the blockchain revealing the monster sums they shuffle between […] The post Win or Lose, These Crypto Whales Share Their Trades appeared first on Bitcoin News.

2020-1-14 16:35


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Paxful Reveals Data Since Inception, 2019 Growth Stats

The global peer-to-peer Bitcoin marketplace, Paxful, has revealed it processed almost $1.6 billion in P2P Bitcoin trades in 2019, representing a gradual uptrend since its inception in 2015. Prices May Be Subdued, But Paxful Is On The Rise Announcing its annual growth metrics on the same day as revealing the company’s historical figures dating back […] The post Paxful Reveals Data Since Inception, 2019 Growth Stats appeared first on Crypto Briefing.

2019-12-19 17:00


Controversial Crypto Guru John McAfee is Willing to Support Cuba’s Cryptocurrency Creation

Days after revealing that it was considering adopting crypto to boost its finances and beat the US-imposed trade embargo, the Cuban government seems to have found an unlikely. John McAfee, a fugitive tech and cybersecurity guru and entrepreneur, tweeted his support for the initiative, saying he would be willing to help develop it. Six days […]

2019-7-10 21:52


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Facebook’s ‘Silicon Valley Coin’ Is A Leap Towards Surveillance Capitalism

The full list of partners working with Facebook to host its new crypto stablecoin has gone public – and already sparked fears of mass data collection. Facebook Crypto Nets Giants Of User Data Published by cryptocurrency news outlet The Block June 14, the partners for the project variously dubbed ‘Libra’ and ‘Facebook Coin’ make for revealing reading.

2019-6-15 16:33


Cardinal RAT Malware Goes After Israeli Fintech and Crypto Firms Per Unit 42 Research Report

Unit42, the cybersecurity department of Palo Alto Networks, has published a report on March 19, 2019, revealing that the Cardinal Remote Access Trojan (RAT) malware, a kind of malware that remotely takes control of its victim's computer, is now targeting the systems of Israeli cryptocurrency and financial technology (fintech) firms. A Deadly Malware According to […]

2019-3-20 06:47


“My money isn’t really mine, this is why the world needs BTC” Crypto user exposes Bank of America after he got locked out of his bank Account

A cryptocurrency user “ammonitions”, has sparked up an intense conversation amongst fellow cryptocurrency users via the Reddit chat app, after revealing his experience with a traditional bank. The user whose post was titled “you need permission to use your own money”, expressed his frustrations over his inability to make a withdrawal that was slightly over […] The post “My money isn’t really mine, this is why the world needs BTC” Crypto user exposes Bank of America after he got locked out of his bank Account appeared first on ZyCrypto.

2018-12-21 19:28


Fidelity Investments looking to expand its upcoming crypto trading platform with XRP, Bitcoin Cash, EOS, Stellar, and Litecoin 

DJ Khaled and Floyd Mayweather reach settlement with the SEC regarding CentraTech controversy Popular rapper and music producer DJ Khaled and boxer Floyd Mayweather Jr. were charged by the Securities and Exchange Commission this Thursday with promoting initial cryptocurrency coin offerings without revealing that the promotion was paid.

2018-12-1 22:18


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Blockchain Project, Should We Decentralize?

In recent days, the FCOIN crisis has received the most attention. Zhang Jian, the founder of Chinese crypto exchange Fcoin, revealed in a post On February 17. Zhang Jian’s ‘Truth announcement’ seemed to put a bomb in the market.

FCoin Employee Allegedly Burns Team Member Tokens Worth $75M

FCoin, the native token of the Singapore-based exchange, has allegedly had a rogue employee destroy tokens worth $75,171,370 USD, belonging to both the platform and its team members. The FCoin Story has gone from bad to worse It started off with rumors of a hack, like so many other crypto exchanges, but it seems the FCoin story has had a dramatic plot twist.

The Death of FCoin: A Tale of Bad Token Design

FCoin is a crypto exchange that began trading in May 2018. It is maybe best known in the US and Europe for crippling the Ethereum network, but it is well known in Asia, and especially China, for its innovative “Trans-Fee Mining” incentive program.

FCoin Exchange Achieves Major Success in Just a Few Months

Cryptocurrency exchanges are interesting creatures in many respects. Some companies fail to gain traction, whereas others obtain a dominant position in a matter of weeks. FCoin certainly falls into the latter category, even though there are also some concerns over how the company is conducting business. The Story of FCoin so Far For a cryptocurrency […]