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Quadriga CX Victims May Get Refunds Sooner than Later

Creditors of the now defunct Canadian cryptocurrency exchange, QuadrigaCX may get compensated sooner than later, as Ernst & Young (EY),  the court-appointed monitor investigating the case, has advised the firm to commence bankruptcy proceedings as soon as possible, to cut costs and expedite the creditors’ refunds process, reports Bloomberg on April 2, 2019. дальше »

2019-4-4 09:00


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Bitcoin Industry Reacts As Mark Karpeles Avoids Jail Over Mt. Gox Debacle

Mark Karpeles, the former head of defunct cryptocurrency exchange Mt. Gox, will unlikely serve time in jail following a significant acquittal by a Japanese court. Court: Karpeles Did Not Embezzle Bitcoins As multiple sources including Bloomberg reported March 14, Karpeles, who has been under suspicion for embezzling millions of dollars in user funds, is guilty only of record tampering in the eyes of Japanese law. дальше »

2019-3-15 14:00


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A Guide to Regulated Crypto Financial Products You Can Trade in 2019

When bitcoin first hit the mainstream media in 2011 when Wired covered the rise of the defunct dark web marketplace Silk Road, it was hard to imagine that the digital currency used to buy drugs on the Internet could become a recognized alternative investment asset that high-net-worth individuals, private banks, and hedge funds are investingRead MoreRead More. дальше »

2019-2-28 02:00


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Brock Pierce: My Mt. Gox Redemption Plan ‘Shows Power Of Bitcoin’

Venture capitalist and ex-Bitcoin Foundation director Brock Pierce thinks his plan to take over the Mt. Gox rehabilitation process “demonstrates the power of open source. ” Avoiding Crypto ‘Lehman Brothers’ Speaking on the latest edition of the Keiser Report February 16, Pierce, who has gained mixed reactions to his ‘Gox Rising’ scheme, said community action was key to ensuring the defunct exchange did not become a cryptocurrency “Lehman Brothers. дальше »

2019-2-17 14:00


Regulators Approve Coinbase to Offer Custody Services in New York State

Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc. дальше »

2018-10-24 00:55


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Mt. Gox’s largest trustee unloads another $230M worth of Bitcoin, and nobody knows why

The Mt. Gox saga keeps dragging on. The now defunct cryptocurrency exchange’s largest trustee, Nobuaki Kobayashi, has sold off another $230 million (26 billion yen) worth of Bitcoin. Kobayahsi – who is known as the “Tokyo Whale” in cryptocurrency circles – has been selling off the cryptocurrency since early March following the 10th creditors meeting, Bloomberg reports. дальше »

2018-9-25 16:09


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Bitcoin Remains Firm Despite Mt.Gox Now Offering Former Users to Claim Back Their Lost Coins: BTCManager’s Week in Review

The price of bitcoin has remained firm in the past seven days, gaining eight percent week-on-week. This price rally has occurred despite the announcement of the Mt. Gox bankruptcy trustee that former users will now be able to file claims to recover their lost bitcoin from the defunct exchange. дальше »

2018-9-5 19:00


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Bidfender founder appointed by the judges for the fraudulent charges

The operator of now defunct Bitcoin (BTC) stock exchange BitFunder has pleaded guilty to federal charges of obstruction of justice and securities fraud, Reuters reports July 23. According to prosecutors, 37-year old Jon Montroll, also known as Ukyo, also pleaded guilty to obstruction of justice, admitting that he provided false balance statements to the U.S. дальше »

2018-7-24 09:09


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