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Bitcoin Trading Nets Square $37 Million in Q2 2018
Square has announced earnings of $37 million for the second quarter of 2018 on its peer-to-peer mobile money app, Square Cash. However, even though some of its financial results exceeded expectations, the company still made a net loss of $6 million across the business. дальше »
2018-8-3 04:00 | |
Bitcoin merchant bank galaxy digital reports a loss of $134 million
The founder of Galaxy Digital, Michael/Mike Novogratz, reveals that the world’s largest and first bitcoin merchant bank has suffered from a huge loss of $134 million in the first quarter of the year 2018. дальше »
2018-7-30 14:52 | |
The Daily: US Presidential Candidate Accepts Bitcoin, Kickico Hacked – $7.7M Stolen
US presidential candidate, Andrew Yang (D), has announced that his campaign for the 2020 election is now accepting cryptocurrency donations. Also in the Daily, Chinese social network, Tianya, is about to issue a native token, and the Kickico project has been hacked – resulting in the loss of $7. дальше »
2018-7-28 16:55 | |
Mike Novogratz bullish on Bitcoin [BTC] despite the $134 million loss caused
According to CNBC, the digital assets merchant bank Galaxy Digital founded by Mike Novogratz has seen a loss of $134 million with a plunge in the cryptocurrency prices, especially that of Bitcoin in Q1 of this year. дальше »
2018-7-28 04:16 | |
Largest Wall Street Crypto Firm Lost $134 Million in Q1 2018
Galaxy Digital — a full-service digital assets merchant bank launched by ex-Goldman Sachs macro trader Michael Novogratz — took a financial beating in the first fiscal quarter of 2018. Rekt… The New York-based cryptocurrency-focused merchant bank disclosed its financial report for the first time this week, and the results weren’t great. дальше »
2018-7-27 21:00 | |
Cyber Currency Bank Galaxy Digital Squandered $134 Million in First Three Months of 2018
Mike Novogratz’s crypto-focused merchant bank Galaxy Digital released its first quarter report for 2018, posting a $134 million loss as cryptocurrency markets slumped, according to Bloomberg July 26. дальше »
2018-7-27 08:17 | |
$134 Million in Digital Losses in Q1 for Galaxy Digital Crypto Bank
Crypto investment bank Galaxy Digital lost $134 million in the first quarter of 2018, largely due to declining cryptocurrency prices, the company announced in a quarterly earnings report Wednesday. Galaxy Digital, chaired by billionaire investor Michael Novogratz, said it saw a “net unrealized loss” of $85.5 million on digital assets, and a further $24 million дальше »
2018-7-27 01:04 | |
A Note on Metcalfe's Law, Externalities and Ecosystem Splits
Looks like it’s blockchain split season again. For background of various people discussing the topic, and whether such splits are good or bad: Power laws and network effects (arguing the BTC/BCC split may destroy value due to network effect loss): https://medium. дальше »
2018-7-21 23:03 | |
Bitcoin [BTC]’s price hike results in the loss of $180 million for short sellers
Recently, Bitcoin [BTC] breached the $7000 mark after being in the bear market for a long time. The resulting bull run saw the coin rise by more than 10%, with the total market cap increasing by $20 million. дальше »
2018-7-21 09:25 | |
Short Sellers Suffer With Bitcoin (BTC) Price Hike
As most of you will know, Bitcoin has surged past the $7,000 mark having slumming in the bear market for quite some time. After the bull run hit, the coin rose up by more than 10% and the total market cap jumped by $20 million. дальше »
2018-7-20 14:00 | |
Litecoin’s Charlie Lee Says Bitcoin’s Lightning Network is Ultimate Exchange
Lightning Network – An Alternative to the Bancor Exchange? Charlie Lee Thinks So After undergoing an attack which resulted in the loss of $12 million, the Bancor cryptocurrency trading platform is set to resume operations. дальше »
2018-7-14 23:34 | |
The Daily: Decentralized Exchanges – New and Hacked, and Some Lost Coins
In today’s edition of Bitcoin in Brief, we cover two decentralized exchanges – an Irish team that’s launching its Local Token Exchange and the already operating Bancor that has reported a security breach and admitted the loss of $12. дальше »
2018-7-10 14:10 | |
CBOE Files with SEC for Bitcoin ETF
The United States Securities and Exchange Commission (SEC) is examining an application from the Chicago Board Options Exchange (CBOE) Global Markets which, if approved, could grant the company a coveted bitcoin ETF license, and bring new waves of institutional investors to the bitcoin arena. дальше »
2018-7-10 02:38 | |
Bithumb hack: $17 million worth Bitcoin, Bitcoin Cash, Ripple, Ethereum among other cryptos lost, not $31 million
Bithumb, one of the leading cryptocurrency exchanges worldwide has made a recent announcement stating that the exchange platform lost about $17 million [19 billion SKW] during its recent hack and not $31 million [35 billion SKW] as stated earlier. дальше »
2018-6-30 04:04 | |
31 mln to 17mln is what crypto bithumb reduces hack loss estimation to!
Hacked South Korea crypto exchange Bithumb has lowered the estimated amount of money lost in the hack from 35 billion won (about $31 million) to 19 billion won (about $17 million), according to a support announcement Thursday, June 28. дальше »
2018-6-28 18:23 | |
What Koreas Crypto scene is saying
At the time, the popular South Korean cryptocurrency exchange tentatively announced a “cyber intrusion” that saw the loss of $40 million worth of cryptocurrencies. If that wasn’t enough, on June 20, Bithumb – South Korea’s largest by trade volume – also announced a major security breach in which $31 million was reported to be lost. No strangers to дальше »
2018-6-27 00:48 | |
FTC Predicts Consumers Will Lose Over $3 Billion to Crypto Frauds by the End of 2018
A Federal Trade Commission official claimed that cryptocurrency scams looted investors of $532 million in the first two months of 2018 and predicted that the total loss could inflate to $3 billion by the end of the year. дальше »
2018-6-26 21:01 | |
Mt. Gox Creditors May Be Reimbursed in Bitcoin Under Civil Rehabilitation
The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018. дальше »
2018-6-23 19:39 | |
BREAKING: Mt. Gox Creditors Will Be Reimbursed In Crypto, Markets Crash In Response
The Tokyo District Court has published a document which rules that creditors involved in the Mt. Gox hack in 2014, that saw a loss of $472 Million will be reimbursed in cryptocurrency. See the full report for yourself here-https://www. дальше »
2018-6-22 17:00 | |
What has changed from Mt. Gox to Bithumb; 7 years down the line
OPINION: Earlier today, top Korean cryptocurrency exchange platform Bithumb was hacked for a loss of about $30 million. While this has been the buzz in the crypto world, many have forgotten that another infamous hack occurred on this day. дальше »
2018-6-21 13:02 | |
South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack
Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea's leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice. дальше »
2018-6-20 20:25 | |
Crypto Switch Bithumb Stops Withdrawals during $31 Million Hack
The company said in an announcement today that the hack happened between late Tuesday night until early Wednesday morning Korean time. Though Bithumb has yet to disclose which cryptocurrency or in what amount had been damaged, it said in the announcement that the loss will be covered by the platform. As such, Bithumb said investors should дальше »
2018-6-20 10:17 | |
Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses
Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. дальше »
2018-6-13 20:24 | |
Coinrail Hack See’s Markets Crash As $40 Million Stolen
The markets are down this morning in the wake of an alleged $40 Million hack of South Korean cryptocurrency exchange, Coinrail. Given current political activities within Singapore (the summit involving both the US President and the Leader of North Korea) we did expect the markets to be a little shaky this morning, the current view however is far worse than we expected. дальше »
2018-6-11 12:00 | |
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