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Bitfinex Releases White Paper to Conduct $1 Billion Initial Exchange Offering (IEO) to Cover Frozen Funds

The cryptocurrency exchange Bitfinex will be conducting an Initial Exchange Offering (IEO) that aims at raising $1 billion. The intention is to use the funds to provide liquidity to the company. Some funds were frozen by authorities in different countries, including Poland, Portugal and the United States. Bitfinex Wants To Gather $1 Billion Bitfinex is […] дальше »

2019-5-5 23:25


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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30


ICO Promoter of Vanbex Faces Police Probe in Light of Massive $22 Million Blockchain Scandal

As part of their latest investigative efforts, Canadian law enforcement authorities have frozen the assets owned by the founders of blockchain services company Vanbex. These efforts are in line with the probes that have been carried out by the government agency since 2017— when the aforementioned firm was able to raise a whopping $22 million […] дальше »

2019-4-1 18:05


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Lambo, Land Rovers taken during $22M ICO fraud investigation

In Canada, authorities have seized luxury cars and frozen bank accounts owned by the ringleaders of FUEL, an allegedly fraudulent $22-million initial coin offering (ICO) from 2017. Court documents claim “blockchain services company” Vanbex raised $22 million (CAD$30 million) in cryptocurrency and fiat by with absolutely no intention to develop the FUEL token, reports CoinDesk. дальше »

2019-4-1 17:04


Launch of Bitcoin Futures Bakkt Project Appears to Be Frozen in Place for Time Being

The whole industry appears to be looking forward to the launch of Bakkt, which was first announced in August to be a bitcoin trading and custody platform. The CFTC has already received a proposal, which includes an exception to allow for custody the Bitcoin involved in the futures contracts. Though the commissioners were given this […] дальше »

2019-3-18 17:02


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Constantinople Hard Fork Offers Ray of Hope Parity’s Frozen Millions

Parity Technologies “lost” access to 500,000 ether in a high-profile coding error in November 2017 and has been appealing to Ethereum developers for a software change to bail them out. The successful implementation last month of the Constantinople hard fork has offered Parity Technologies a strong case to begin a process that could see themRead MoreRead More. дальше »

2019-3-6 00:00


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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »

2019-3-5 20:20


QuadrigaCX Exchange Shuts Down Due to Liquidity Issues, Posts Notice on Official Home Page

QuadrigaCX Follows “Temporary Shutdown” By Applying for Creditor Protection in Nova Scotia It has been no secret that QuadrigaCX has been struggling to stay afloat for some time. Earlier last year, the company had frozen the funds of consumers, leaving them unable to make withdrawals. While the company was in a legal dispute over the […] дальше »

2019-2-1 05:17


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Funds Stolen From Cryptopia Discovered and Frozen On Binance

On January 16, 2019, Binance CEO Changpeng Zhao confirmed that the exchange has frozen some of the stolen funds from the Cryptopia exchange hack discovered on their platform. On Ice Changpeng Zhao, the CEO of Binance, confirmed in a tweet that Binance has frozen some of the stolen funds detected in their exchange, writing:   The stolen funds in question. дальше »

2019-1-18 00:00


Cryptopia Hacker Moves Stolen Crypto to Binance; Community Alerts CZ and Funds Are Frozen

It is clear that hackers gave themselves a place to stay in the cryptocurrency industry, which was only made more evident by a recent security breach that happened over the last few days. Cryptopia, a leading exchange in New Zealand, announced a breach that ended in a major theft on January 14th. However, unlike the […] дальше »

2019-1-17 07:19


Australian BitConnect boss hit with asset freeze and travel ban

Australian authorities have frozen the assets of BitConnect promoter John Bigatton, as international investigations into the world’s biggest cryptocurrency Ponzi scheme continue. As per request by the Australian Securities and Investments Commission (ASIC), the federal court also issued Bigatton with a travel ban, reports the Sydney Morning Herald. дальше »

2019-1-8 14:24


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Report Finds a Strong Relationship Between Crypto-Advocates and Life Extension

Bitcoin historians will recollect that the early cryptocurrency pioneer Hal Finney was a person who believed in life extension and chose to be frozen in cryopreservation. Now a recent report shows that a good number of well-known blockchain advocates are also convinced that an ‘extropian-like’ technology may extend the lives of humans in the future. дальше »

2018-12-24 18:30