A primer on QuadrigaCX, the curious $134M cryptocurrency mystery

A primer on QuadrigaCX, the curious $134M cryptocurrency mystery
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-2-8 18:38

QuadrigaCX, one of Canada’s largest cryptocurrency exchanges, made headlines all over the world after the sudden death of its founder resulted in the loss of $134 million of users’ funds. The news came months after the troubled exchange had been complaining about banking issues, with some users describing problems with fiat and crypto withdrawals.

Given cryptocurrency‘s history (think Mt. Gox et al), reports of Gerald Cotten’ death served to exacerbate fears about the exchange‘s solvency or potential wrongdoing. The situation, although ongoing, is beginning to take shape with some progress being made in the legal sphere. As previously reported by…

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Crypto Researcher: QuadrigaCX Exchange Never Had $190 Million Worth of Bitcoin in its Coffers

The story of distressed Canadian cryptocurrency exchange QuadrigaCX which filed for bankruptcy since the sudden death of its CEO, Gerald Cotten, has taken a new dimension, as a recent research report by Zerononcense has revealed that the cryptocurrency trading venue never had the $190 million in bitcoin it claimed to have lost access to since […]

2019-2-6 23:39


Ôîòî:

UBS’ Paul Donovan Claims Bitcoin Is in its Death Throes and Wants it “Buried”

In a scathing November 26, 2018, blog post titled “I come to bury Bitcoin, not to praise it,” UBS Group’s Global Chief Economist Paul Donovan has called for the end of the cryptocurrency bubble. Claiming that bitcoin is in its “death throes,” he attempted to reason that a loss of over 80 percent is “not healthy” for any economic asset.

2018-12-2 13:00


Bitcoin is on the Verge of Falling Apart, Says Paul Donovan

Paul Donovan recent bearish remarks for Bitcoin is an attempt to bury the top-ranking cryptocurrency for good. UBS Executive Sounds the Death Knell for Bitcoin According to CNBC, Paul Donovan, Chief Economist of UBS Global Wealth Management, stated that he didn’t have any praises for Bitcoin, instead, was ready to bury the number one virtual […] The post Bitcoin is on the Verge of Falling Apart, Says Paul Donovan appeared first on Ethereum World News.

2018-12-1 10:08


Ôîòî:

No, Lower Bitcoin Price Won’t Start a Mining ‘Death Spiral’

A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it says will be “the world’s largest cryptocurrency mining center and global exchange.

2018-11-26 14:00


Ôîòî:

Stackr: The Dawn of a Digital Asset Savings Solution - [BTC Media Sponsor]

Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.

2018-10-6 16:37


“Get Rich Quick” Cryptocurrency Investors Feel the Pain While “Smart Investors” Celebrate

Many of you are looking at the market and wondering how low it will go before bouncing back, or maybe wondering if it will come back at all. Those pundits on the news are trying to say this might be the death of Bitcoin, and the fact it has lost value over the last few […] The post “Get Rich Quick” Cryptocurrency Investors Feel the Pain While “Smart Investors” Celebrate appeared first on NullTX.

2018-9-12 20:00


Ôîòî:

‘Totalitarian’ – Antonopoulos Slams India’s Identity-Based Digital Currency Plans

Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh crackdown on cash. ‘Democracy Dies’ In comments on Twitter August 30, the well-known cryptocurrency educator said India’s history of limiting cash availability to citizens and forcing through surveillance measures via its Aadhaar system would lead to the “death” of democracy.

2018-8-31 19:00


Ôîòî:

Bitcoin To ‘Disappear In A Puff Of Smoke?’ — Or Are The Fires Just Getting Stoked?

The bears are again out in full force, grumbling on about the impending death of Bitcoin.   History and fundamentals suggest that the cryptocurrency is far from becoming ‘wiped out. ’ ‘A Puff Of Smoke’ I’ve been reading a lot of news lately about the declining price of Bitcoin and have received some ‘I told you so’s’ from nay-sayers claiming that once again, ‘Bitcoin is dead.

2018-7-2 04:00


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