It seems the BitGrail debacle has not calmed down in the slightest. Even though one had assumed this exchange would be out of commission for the foreseeable future, things have a way of turning out differently than expected. It now seems BitGrail may relaunch in the near future and even launch a new native token known as BGS. It’s a very worrisome development that will irk a ton of people. The BitGrail Story Continues Most people who have kept an eye on the BitGrail issue will have wondered how things will proceed from here on out. The answer to that question isPowered by WPeMatico
2018 has been rough for cryptocurrencies as a whole, with coins across the board seeing significant losses and general interest in the sphere gradually declining. However, there are a number of projects that have stuck out as performing particularly badly in the first quarter. Here are five of the biggest fails: 5. Verge (XVG) Wraith Protocol Launch While Verge’s major development, the Wraith Protocol, was slated to launch at the tail end of 2017, several delays pushed the actual release of the development into early January of this year. While supporters and speculators were highly anxious to see the actualities of
In the time it takes you to read this sentence, $850 will have been lost to cryptocurrency scams. In the time it takes to complete this article, that figure will have risen to $17,000. Phishing; fraud; theft; hacking; it’s all rife. In the first two months of 2018, there were 22 separate scams involving thefts […]
Cryptocurrency can be lost in a variety of ways, from hacking to forgotten passwords and failed flash drives. But in dollar terms, one of the biggest causes of crypto losses is bad code, and it’s not usually the fault of the coin’s developers. Instead, third parties, including shoddy smart contract developers and shady exchanges, are […]
Bitgrail, an exchange whose primary purpose was to facilitate the trading of nano, has folded after ‘losing’ 17 million XRB, valued at around $170 million. The Italian exchange had been offline for weeks, and its customers feared the worst. Today, its operator “Francesco The Bomber” confirmed the bad news, which gained short shrift from the […]
Things are not looking all that great for the BitGrail service right now. As the company is being forced to verify users’ identities, they have a lot on their plate. Moreover, it seems they will only verify the identities of their European users. It is a bit unclear what this means for the company as a whole, though. Some users expect BitGrail to leave non-European customers in the cold, but that doesn’t appear to be the case just yet. What is Going on With BitGrail? Some cryptocurrency enthusiasts may be familiar with the BitGrail project. This cryptocurrency exchange has become