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Tether and Bitfinex Accused of Covering up $850m Loss, Sparks a $10b Loss in One Hour
Tether is on the spotlight, again. This time, the largest stablecoin in the market is at the center of an alleged $850 million cover-up. The New York attorney general Letitia James obtained a court order yesterday enjoining iFinex Inc. дальше »
2019-4-26 18:05 | |
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Bitfinex Denies Loss of Funds Following New York Attorney General Lawsuit
Cryptocurrency exchange Bitfinex has come out to defend its position after the New York State Attorney General filed a lawsuit against the company and Tether for fraud. Bitfinex maintains that the report claiming that it has lost $850 million at Crypto Capital were false. дальше »
2019-4-26 13:59 | |
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Tether Hits Back at Claims Its Reserves Were Used to Cover $850 Million Loss at Bitfinex
Tether has denied prosecutors’ claims that its reserves were used to cover an $850 million loss at Bitfinex
дальше »2019-4-26 13:31 | |
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Bitfinex Under Scanner for Covering Up $850M Loss of Tether Reserves, Markets React
Coinspeaker Bitfinex Under Scanner for Covering Up $850M Loss of Tether Reserves, Markets ReactThe fresh allegations come from the New York Attorney General’s office that accuses Bitfinex of covering the massive loss by transferring funds from Tether reserves without informing the exchange's customers. дальше »
2019-4-26 13:29 | |
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Crypto Market Bleeds $8 Billion Wipeout in Minutes but Bitcoin Recovers Swiftly
By CCN. com: The valuation of the crypto market dropped by $8 billion in a matter of minutes after the office of New York Attorney General’s office filed a lawsuit against iFinex, alleging Bitfinex of mismanaging $850 million in Tether funds. дальше »
2019-4-26 11:44 | |
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Tether bombshell leads to 5% wipeout of bitcoin, can the market recover?
On Apr. 25, the office of New York Attorney General Letitia James alleged iFinex, the company behind Bitfinex and Tether, of misusing $900 million of Tether’s cash reserves to hide an $850 million loss. дальше »
2019-4-26 02:50 | |
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Breaking: NY AG Alleges Bitcoin Exchange Misused Tether to Hide $850M
By CCN: The office of New York Attorney General Letitia James has officially obtained a court order to request iFinex Inc, the operator of bitcoin exchange Bitfinex and Tether, to cease operations in New York. дальше »
2019-4-26 01:21 | |
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Bitfinex hack: Stolen Bitcoin [BTC] funds make a move in the market
One of the main concerns of the cryptocurrency space has been hacks, which has resulted in several investors losing a significant amount of money. This year alone, several cryptocurrency exchanges have reported loss of funds due to a security breach, which includes leading exchanges such as Cryptopia and Bithumb. дальше »
2019-4-26 23:58 | |
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Ripple’s XRP Emerges as Worst Performing Top Crypto in 2019 so far
The third largest cryptocurrency by market capitalization XRP seems to be having a bad 2019 as the asset has suffered the worst blows from the market so far. XRP has suffered the greatest loss so far, losing over 13% at one go while other cryptocurrencies in its category gained significantly. дальше »
2019-4-25 19:31 | |
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Elon Musk is 100% Right. 3 Reasons Tesla Must Go Private…Or it’s Doomed
Wednesday’s earnings report was a bust for Tesla. The company reported a huge loss of $702 million and missed revenue expectations. In the conference call that followed, forlorn Tesla boss Elon Musk mused about taking Tesla private again: “I would prefer we were private, but unfortunately I think the ship, that ship, has sailed. дальше »
2019-4-26 17:43 | |
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Monero [XMR]: Malware ‘Beapy’ targets Chinese enterprises; reportedly ‘faster than CoinHive’
Security breaches in the cryptocurrency space have been a common phenomenon, with several attacks having occurred over the past couple of months and resulting in the loss of cryptocurrencies worth millions. дальше »
2019-4-25 17:30 | |
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Monex Reveals July Start Date for US Exchange as Coincheck Reports $15 Mln Loss in 2018
Japanese online broker Monex Group is planning to start trading in their United States cryptocurrency exchange in July
дальше »2019-4-25 14:48 | |
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Facebook’s Stock Defies Gravity Despite Looming $5 Billion FTC Probe
By CCN: Facebook’s stock ran up 7. 5% in after-hours trading to $196 after Q1 earnings painted a seemingly rosy growth picture. Revenue exploded by $3. 1 billion to $15. 08 billion, which exceeded estimates. дальше »
2019-4-25 05:16 | |
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‘Tesla Blows’: Elon Musk’s Joke Haunts Him in Mind-Numbing Q1 Miss
By CCN: Tesla’s first-quarter earnings miss was about the size of the Grand Canyon. Yet, investors are not punishing Tesla’s stock. Far from it, in fact, as TSLA shares are currently meandering in and out of positive territory in after-hours trading. дальше »
2019-4-25 02:35 | |
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$100M Missing, Next Crypto Exchange Hack or an Inside Job?
Coinbene, a cryptocurrency exchange based in Singapore, is involved in a great deal of drama over the loss of… The post $100M Missing, Next Crypto Exchange Hack or an Inside Job? appeared first on Invest In Blockchain. дальше »
2019-4-25 18:35 | |
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Dow Cringes as Hillary Clinton Exposes ‘Roadmap’ to Impeach Trump
By CCN: The Dow stumbled toward an opening bell loss on Wednesday, as the stock market bellwether failed to join its peers in record territory after Hillary Clinton exposed a “roadmap” that she believes Democrats can utilize to impeach President Trump. дальше »
2019-4-24 16:43 | |
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Is Softbank Right to Stay Away From Crypto After Son’s $130M Bitcoin Loss?
While Bitcoin (BTC) has always been about improving the world’s financial and political wellbeing, this nascent market isn’t all too kind. Over the course of 2018, retail investors across the board lost their shirts, industry employees were laid off, and crypto’s reputation and presence in the mainstream sadly fell off the map. дальше »
2019-4-24 15:00 | |
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Japan’s Second-Richest Man Bet Massively on Bitcoin. He Lost $130 Million
By CCN. com: Japanese billionaire Masayoshi Son made a huge bet on bitcoin at the top of the market. And lost. The SoftBank Founder reportedly cut a loss of $130 million of his own money by mis-timing the historic cryptocurrency bubble in late 2017. дальше »
2019-4-23 16:42 | |
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Just One of Korea’s ‘Big Four’ Bitcoin Exchanges Profited in Crypto Winter 2018
By CCN. com: South Korea is the fourth most active country in the world in crypto trading, per Coinhills. This, however, did not count for much as three of the country’s top four bitcoin exchanges recorded losses in 2018. дальше »
2019-4-17 15:37 | |
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EOS and Ethereum Among Top Performers Last Week [Price Analysis]
Ethereum Analysis Smart contract platforms Ethereum and EOS are among the top performing major cryptocurrencies during last week’s price action. Price indices from Tradeblock record EOS losing just 0. дальше »
2019-4-17 13:29 | |
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Analyst Who Called $3,200 BTC/USD Bottom Says Bitcoin Won’t Drop to $1,800: BTC Trumps US Dollar & Euro
Bitcoin price is yet again in the red slowly making its way downwards but still remaining strong above $5k. At the time of writing, Bitcoin has been trading at $5,075 with 24-hours loss of 1. 69 percent, as per Coinmarketcap data. дальше »
2019-4-16 18:58 | |
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Price Declines For Litecoin and Dash, Will They Find Support Soon? [Price Analysis]
Litecoin Analysis Litecoin recorded the largest reversal last week among top cryptocurrencies. Tradeblock, a platform which provides trading tools and pricing indices for institutions, reported Litecoin recording a loss of 13. дальше »
2019-4-16 12:19 | |
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This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone
Bithumb, one of South Korea’s largest cryptocurrency exchanges, posted a 205.5 billion won ($180 million) net loss in 2018,… The post This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone appeared first on Invest In Blockchain. дальше »
2019-4-16 07:05 | |
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The FDA just approved a diet pill that makes you feel full faster
There’s no magic pill for weight loss, except this one, maybe. Gelesis, a Boston biotech company, announced today that it had received clearance from the FDA to market what could account to a magic bullet solution to the growing obesity epidemic in America. дальше »
2019-4-16 03:57 | |
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Bithumb resumes Bitcoin [BTC] and Ethereum [ETH] withdrawal and deposit services
Bithumb, one of South Korea’s leading and more controversial crypto-exchanges, has been in the news for quite a while now. Just a few weeks ago, the exchange was hacked, contributing to the loss of millions in XRP and EOS. дальше »
2019-4-15 11:30 | |
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Bitcoin SV [BSV] miners have accumulated a gross loss of about $2.2 million, says BitMEX research
The disagreement between Roger Ver aka Bitcoin Jesus and Craig Wright led to the contentious hard fork of Bitcoin Cash, which further split into Bitcoin Cash ABC and Bitcoin SV. According to BitMEX research, Bitcoin SV miners have suffered a massive loss of $2. дальше »
2019-4-14 00:30 | |
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Bitcoin SV Miners Accumulating a Gross Loss of US $2.2 Million Since November 2018
Currently, Bitcoin SV is under of threat of getting delisted from the biggest cryptocurrency exchange Binance and further potential of similar delisting on all of the exchanges as the crypto community comes together in support of Hodlonaut, a Bitcoiner who launched Lightning Torch and is now being attacked by Bitcoin SV supporter Craig Wright for […] дальше »
2019-4-13 17:36 | |
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Bearish Price Action From Bitcoin & Dogecoin as Crypto Prices Retrace [Price analysis]
Bitcoin Analysis After a strong performance last week across cryptocurrencies, the market leader Bitcoin has failed to follow up this week with an increase. It looks likely that the week will close at a loss. дальше »
2019-4-13 13:59 | |
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Uber’s IPO Filing Discloses $1.8B Loss, Raising Worries
Coinspeaker Uber’s IPO Filing Discloses $1. 8B Loss, Raising WorriesUber out-paced its rising competitor Lyft by more than $9 billion in revenue and at least 60 million users. That all could be seen from Uber’s S-1, the company has filed its IPO paperwork with the Securities and Exchange Commission on Thursday. дальше »
2019-4-13 13:16 | |
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South Korea Crypto-Exchange Bithumb Reports $180 Million 2018 Losses
South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018 and, the financial results reportedRead MoreRead More. дальше »
2019-4-12 13:00 | |
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Bithumb registers net loss of $180 million following Bitcoin’s price drop
Bithumb, one of South Korea’s largest cryptocurrency exchange platforms, reportedly turned in a net loss of 205 billion Korean Won, approximately worth $108 million in 2018, according to KoreaTimes. дальше »
2019-4-11 23:30 | |
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TNW and Randstad launch HR Tech program to boost innovation at work
No matter what industry you work in, no matter what the size of your company, few things are more important than finding and retaining the best available talent. After all, finding new employees can prove quite expensive, while hanging on to your best workers will give your company the foundation it needs for lasting success. дальше »
2019-4-11 15:03 | |
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Ethereum [ETH] and Tron [TRX] Price Analysis: Coins decide to go their separate ways
Earlier today, a majority of the coins dipped their toes in the bear’s pool, days after shifting to the bull’s side. Top coins such as Litecoin [LTC], Ethereum [ETH], Bitcoin Cash [BCH] and Tron [TRX] were the most affected, with some recording a loss of over 7% over the past 24 hours. дальше »
2019-4-11 15:00 | |
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Bitcoin Exchange Bithumb’s Problems Pile Up with $180 Million Loss in 2018
Bithumb, which was hacked last month and later asked users to be careful about deposits, has reported a $180 million (205 billion Korean won) loss. The exchange suffers from reduced actual volume and a bear market in cryptocurrencies, according to the Korea Times. дальше »
2019-4-11 14:07 | |
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Risk Warning from AOFEX: Are certain altcoin worth investing?
AOFEX digital asset exchange is known for traditional-bank level technology and risk control management. AOFEX released risk warning to their community that some random altcoin might cause enormous loss to investors, and related investment decisions should carefully be made to avoid losses. дальше »
2019-4-10 16:30 | |
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Facebook’s AI prevents deceased users’ profiles from popping up in your suggestions
It’s hard to cope with the loss of a loved one, and it’s harder when their profile pops up on Facebook as a suggestion, as if they were still alive. Now, the social network is using AI to make sure that the profile of the deceased doesn’t “appear in a painful way,” along with some new tools for memorialization for remembering them. дальше »
2019-4-10 10:42 | |
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PayPal Clampdown on UK Academic Cheating Could Drive Kenyan Writers to Bitcoin
PayPal announced last week that it would no longer process payments associated with academic essay-writing services, intended to give wealthy, lazy students in the UK a way to get qualified without working for it. дальше »
2019-4-10 02:00 | |
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Mt. Gox: Legal Advocate Quits, Takes Massive Loss on Bitcoin Claim
Andy Pag, who founded Mt. Gox Legal, has resigned his position as leader of the group, which represents the majority of the now-defunct Bitcoin exchange’s creditors (users who still had funds on the platform at the time of its implosion. дальше »
2019-4-10 00:10 | |
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What Are The Top Bitcoin & Crypto Hardware Wallets?
Unlike traditional assets, Bitcoin (BTC) and other cryptocurrencies are predicated on decentralization, giving their users an opportunity to “be their own bank. ” While many have embraced this premise, there have been some that are wary, as a loss of a private key could result in a loss of thousands, if not millions of dollars. дальше »
2019-4-9 17:05 | |
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Sparkswap raises $3.5 million to build a crypto exchange on Bitcoin Lightning Network
2019 saw multiple attacks on crypto exchanges, many of which resulted in the loss of millions. In a bid to check such cases, Sparkswap, is planning to launch a cryptocurrency exchange using the features of the Bitcoin Lightning Network. дальше »
2019-4-9 11:30 | |
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Fake CIA Sextortionists Demand Bitcoin Under Threat Of Prosecution
Phishing scams are the bane of a good day. What better way to wake up than reading an email saying your credit card has been stolen? How about an email asking for bitcoin to keep you out of jail? Don’t you love phishing scams? There’s a new, particularly nasty crypto-related scam floating around, and it very well may ruin your life, quite literally, if you don’t pay attention. дальше »
2019-4-8 11:10 | |
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Profit Trading App: Safe Crypto Exchange Trading Bot?
What Is Profit Trading App? Profit Trading is a digital platform that enables users to make money with their Bitcoin at their favorite exchanges faster than anyone. It is the best free mobile client for quick trading with bot premium features. дальше »
2019-4-7 09:46 | |
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Ike Ndu, Founder of AOFEX: Digital Currency Exchange Platforms Must Improve Security and Creativity
“The core competence of digital currency exchange platform nowadays is the ability to improve on security and creativity. “ Said Ike Ndu, founder of AOFEX in his recent interview. Speaking of security, Ike made an example. дальше »
2019-4-5 16:03 | |
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By the End of the Week Cryptomarket and Bitcoin (BTC) Rise will be Explained
Cryptomarket analysts are still at a loss, what exactly pushed the Corn and the market so powerfully ahead. Adherents of technical analysis draw their figures and mumble something about the support levels above $ 5K with an output of $ 6500. дальше »
2019-4-4 19:35 | |
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QuadrigaCX: Bankruptcy the only option, claims court-appointed monitor Ernst & Young
Canada’s once-largest cryptocurrency exchange saw its revival prospects go from bad to worse after their court-appointed independent auditor, Ernst & Young, stated in their April 1 report that the exchange’s only option now was bankruptcy. дальше »
2019-4-4 03:30 | |
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