Hacked Exchange Coincheck To Be Sued By Traders For Freezing Funds
Cryptocurrency traders will sue hacked exchange Coincheck after the exchange froze withdrawals of crypto to wallets #NEWS Go to Source Powered by WPeMatico
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Dead again? In Reality Bitcoin Is Up 729% Since Last February
The price of bitcoin has seen some corrections over the years, but really there have only been a few deep cuts. With the bearish dips in price over the past five weeks it’s always good to look at the historical view of value drops and the long-term achievements of the cryptocurrency economy in general. Also … Read more
Has the Blockchain Revolution Failed to Take Off 10 Years On?
Blockchain technology was heralded as the revolution for everything, the next wave in technology, yet, 10 years on and there is still little real use for it. #OP-ED Go to Source Powered by WPeMatico
This Week in Bitcoin: Japan Gets Goxxed and Iota Gets Into a Tangle
For the first time in forever, this week in bitcoin was strangely subdued. No major price movements, no regulatory crackdowns and no Tether collapse. Iota got into a bit of a pickle and then blamed everyone else, as Iota is apt to do, but that’s all. Everything was uneventfully ticking over, right up until Friday, … Read more
Coincheck To Refund All Customers Affected By Hack, Faced By Community Support
Japanese cryptocurrency exchange Coincheck has confirmed their intention to refund the stolen funds to the 260,000 affected users, totalling 523 mln NEM. #NEWS Go to Source Powered by WPeMatico
Trading Tip `The Wall´ – Wall Street Price Manipulation? Go Long
Trading is arrogant, be it on Wall Street or across crypto exchanges. In order to trade rather than hodl, you must fundamentally believe you’re smarter, more disciplined or better informed than the other half of the market. Time will tell. But as long as you’re trading, we’ve established that you’re at least more arrogant than … Read more
Coincheck Faces Pressing Questions in the Wake of the World’s Biggest Hack
It was, by any reckoning, a huge haul. Between $400 million and $534 million dollars of NEM stolen, depending on whether you go on its value at the time or once the market had reacted to the news. At a press conference on Friday afternoon, the stunned Coincheck team painted forlorn figures as they came … Read more
Bank of Japan: No Big Problems With Bitcoin So Far
It’s not the sexiest headline in the world, but so far things with bitcoin seem to be going relatively well in Japan, according to a Bank of Japan (BOJ) Director-General. With increasing calls from world leaders to unite and devise a global regulatory regime for cryptocurrencies, Japan has taken a strikingly different approach. Also read: Tezos … Read more
Coincheck Halts Operations Amidst Hacking Rumors After $723 Million Withdrawn
One of Japan’s largest cryptocurrency exchanges has halted all withdrawals amidst rumors of a large-scale hack. Ripple worth $123 million was withdrawn from its wallet on Friday January 26. This was followed by a single withdrawal of 500 million NEM, with the altcoin’s foundation president Lon Wong then tweeting “It’s unfortunate that coincheck got hacked. … Read more
Your Taxes Paid for a Lot of Blockchain Surveillance Last Year
Governments worldwide have been ramping up regulations for cryptocurrencies and hiring research and blockchain surveillance teams. One firm that tracks transactions on the Bitcoin Core blockchain is called Chainalysis, and this year the company has gathered over a half a million USD on record from various government and law enforcement entities. Also read: South Korean Exchange … Read more