Safemoon Product Launch Hits a Snag, Project Bombarded by Accusations, Community Deflects Criticism

Safemoon Product Launch Hits a Snag, Project Bombarded by Accusations, Community Deflects CriticismA cryptocurrency project called Safemoon has been trending in forums and social media in recent times, as the crypto asset team promised a few new products, but the team claims that the launch has seen difficulties. This weekend, a post published to the subreddit forum r/cryptocurrency claims “Safemoon has been exploited from day 1 and […]

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Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly Stolen

Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly StolenA number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator. Three years ago the website domain changed ownership and ever since then losses have been reported on Reddit forums, bitcointalk.org, Twitter, and other public venues. The owner of […]

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

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 […]

The post 17,000 Quadrigacx Users Seek $307M from the Failed Canadian Crypto Exchange appeared first on Bitcoin News.

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Judge Gives Craig Wright New Deadline – Citing Forgery, Perjured Testimony in Court

Judge Gives Craig Wright New Deadline - Citing Forgery, Perjured Testimony in CourtA new court filing from the Kleiman v. Wright lawsuit shows that Judge Bruce Reinhart has overruled a number of Craig Wright’s recent objections and he has ordered Wright to amend his testimony by Thursday. Moreover, Reinhart noted that Wright’s “protestations of undue burden ring hollow” and the defendant “produced forged documents in this litigation.” […]

The post Judge Gives Craig Wright New Deadline – Citing Forgery, Perjured Testimony in Court appeared first on Bitcoin News.

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Wizsec Security Blames Coinlab After Mt. Gox Trustee Delays Proceedings

Wizsec Security Blames Coinlab After Mt. Gox Trustee Delays ProceedingsOn April 25, the Mt. Gox civil rehabilitation trustee Nobuaki Kobayashi published a new announcement concerning the deadline for the rehabilitation plan. According to the letter sent to Mt. Gox creditors, Kobayashi has delayed the proceedings for another six months due to “undetermined” claims. Following the announcement, bitcoin security specialists Wizsec published a scathing critique […]

The post Wizsec Security Blames Coinlab After Mt. Gox Trustee Delays Proceedings appeared first on Bitcoin News.

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BSV Falls 13% After Binance Reveals Plans to Delist the Coin

BSV Price Drops 13% After Binance Announces Plans to Delist the CoinOn April 15, Binance announced that the trading platform will be delisting bitcoin SV (BSV). The removal follows the tendentious actions of Craig Wright over the last few weeks in which the BSV creator has sent libel lawsuit warnings to well-known digital currency proponents. Since the announced delisting, the price of BSV has fallen by […]

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In the Daily: Mt. Gox Claims, Crypto Derivatives, Facebook Vacancy, Swiss Regulations

In the Daily: Mt Gox Claims, Crypto Derivatives, Facebook Vacancy, Swiss RegulationsMt. Gox rehabilitation trustee Nobuaki Kobayashi has reviewed the claims filed by the exchange’s creditors and we’ve included his announcement in The Daily. Also, Caspian launches crypto derivatives trading in partnership with Deribit, Facebook is looking to hire a blockchain lawyer, and Swiss lawmakers have tasked the federal government with adapting existing regulations to cryptocurrencies. […]

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Mt. Gox CEO Claims the Coinlab and Brock Pierce Deals Never Materialized

Mt Gox CEO Claims the Deals With Coinlab and Brock Pierce Never MaterializedOn Feb. 19, the former CEO of Mt. Gox, Mark Karpeles, gave an interview on the Youtube show “What Bitcoin Did”. In episode 76, Karpeles discussed the platform’s insolvency, Coinlab’s monstrous claim for $16 billion, and Brock Pierce’s attempt to revive the defunct exchange. Also read: Mt Gox Restitution Process Frozen Due to One Man’s […]

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Aboveboard Founder Claims ‘Nobody Is Buying’ STOs

Aboveboard Founder Claims "Nobody is Buying" STOsAndy Singleton, the founder of securities exchanges Aboveboard, has published an article asserting that the security token offering (STO) market is “lifeless.” While Singleton acknowledges the efficiency savings facilitated by the introduction of distributed ledger technology to the securities industry, he argues that current offerings are plagued by poor liquidity and inadequate disclosure,. resulting in […]

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