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Australian Entrepreneur’s Bitcoin Position Loses $3 Million in Value, but He Remains Optimistic

Due to the parabolic rise of crypto prices followed by a prolonged ‘crypto winter,’ stories have emerged of crypto supporters who made and lost millions in the market. One of such people is Sam Karagiozis, an Australian entrepreneur who’s crypto holdings have reportedly lost millions in valuation since the crash. дальше »

2019-1-22 18:58


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India: Police File Chargesheet in $1.4 Million Bitcoin Scam

A businessman from Chandigarh, India, has lost approximately $1. 4 million in a fraud masked as a potentially profitable bitcoin investment, reported The Times of India on November 22, 2018. During the police investigation, four people in total were arrested, one potentially being the key figure in the fraud and the other three his accomplices. дальше »

2018-11-24 20:00


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CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail

The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1. 1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim lost CT over $600,000 through stealing money to finance cryptocurrency trades gone wrong. дальше »

2018-11-12 14:00


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Estimated 4 Million Bitcoin is Lost Forever by Users’ Forgetfulness

As much as 20 percent of all the Bitcoin in existence is lost forever, Chainalysis has revealed — as the research firm says it handled contracts worth $750,000 since 2016. ‘We Don’t Help People Find Lost Bitcoin’ In comments to The New York Times, Chainalysis said that user failures to create robust methods of password storage meant as much as $20 billion of Bitcoin is locked out of reach. дальше »

2018-7-7 03:00


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Relief As Markets Start To Climb, Is This Correction Or The Start Of Something Bigger?

Throughout the weekend, the markets have taken a significant tumble, a tumble that in turn has dragged the majority of cryptocurrencies right down to new 2-month lows. As a matter of fact, numerous currencies have lost so much value, people are starting to wonder if they will ever return to the heights experienced back in December and January. дальше »

2018-6-25 12:00


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