DIGIT

17,000 Quadrigacx Users Seek $307M from the Failed Canadian Crypto Exchange

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About 17,000 people have filed claims for refunds from the collapsed Canadian digital asset exchange Quadrigacx. Altogether, the claims, denominated in both cryptocurrency and fiat, amount to nearly $307 million. According to a document released Tuesday by Ernst & Young, the court-appointed monitor, the bulk of the claims submitted stem from bitcoin (BTC) deposits that … Read more

2 Days After the Bitcoin Halving: Network ‘Remains Strong,’ Higher Fees, Bullish Sentiment

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On May 11, 2020, the Bitcoin network completed it’s third block reward halving and the network seems to be chugging along just fine. However, it may take a while longer to see the halving’s effect on the mining industry and right now bitcoin transaction fees have risen exponentially. Despite the rising fees, the research firm … Read more

Telegram Officially Cancels the TON Blockchain Project

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Many people were excited when Telegram announced its TON blockchain venture. Two and a half years later, the venture has been officially cancelled, allegedly due to pressure from US regulators.  It was seemingly a matter of time until Telegram’s blockchain would be scrapped. No TON Blockchain After All Initial delays in delivering on the blockchain … Read more