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When the first cryptocurrency exchanges sprung up in late 2010, multisig wallets had yet to be invented. As a result, a single private key was commonly used to control all customer funds. Today, multisig has been complemented by sophisticated solutions such as Unbound Tech’s CASP, which uses secure multi-party computation. Despite these innovations, many exchanges … Read more
On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from the proclaimed victim. … Read more
The group has offered more to purchase claims from creditors who lost money from the infamous $480 million hack Go to Source Powered by WPeMatico
Blockchain analysis suggests Ripple co-founder Jed McCaleb has sold 1.05 billion XRP so far, including 19 million last month Go to Source Powered by WPeMatico
Former Mt. Gox CEO Mark Karpeles aims to close proceedings against him in the state of Illinois by filing for summary judgment on multiple counts Go to Source Powered by WPeMatico
The Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through the now defunct cryptocurrency exchange, started a new hunger strike last … Read more
According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners and the Chain’s Upcoming Fork … Read more
Private equity and hedge fund manager Fortress Investment Group is redoubling its efforts to buy up claims from creditors of the hacked Bitcoin exchange Mt. Gox Go to Source Powered by WPeMatico
It’s impossible to assess the cryptocurrency landscape without considering Binance. It looms large over the industry, dictating trends, soaking up liquidity, and compelling new exchanges to fight tooth and nail for market share. Most exchanges aren’t gunning to become the next Binance. But they must all exist in its shadow while striving to carve a … Read more
In this week’s Hodler’s Digest, BitMEX has a week to forget after two blunders, an exchange has lost the password to a cold wallet, and Germany really doesn’t like crypto Go to Source Powered by WPeMatico