The ongoing Nano saga has taken another twist with a token holder dropping his case.
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Bitgrail Bitcoin Assets Taken by Italian Government, Victims Still Fuming
Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole. Also read: William Shatner Joins Bitcoin Mining Project, Admits He Doesn’t Quite […]
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Bitgrail to Refund Hack Victims with Newly Created BGS Tokens
Bitgrail has denied responsibility for the recent hack that saw the theft of 17 million XRB, or Nano, in comments made in a Telegram group for victims of the hack. Despite rejecting responsibility for the incident, the exchange states that it will “voluntarily” refund users through the creation and issuance of BGS tokens. Also Read:Three […]
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Three Cryptocurrencies Whose 2017 Gains Beat XRP
When media outlets report on the massive gains seen by cryptocurrencies in the monumental year of 2017, they often reference Ripple (XRP) as the biggest winner, which gained 36,000% in value from start to end. While Ripple did see the greatest price increase throughout the year among large and well-known coins, there are a number of other coins which far outperformed even Ripple. Pepecash On January 1, 2017, an infant Counterparty (XCP) based artwork registry system known as Pepecash was quietly cultivating a community of artists and meme enthusiasts. In mainstream media, Pepe the Frog had been subject to much controversy due to its associationPowered by WPeMatico
Bad Code Has Lost $500 Million of Cryptocurrency in Under a Year
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 […]
The post Bad Code Has Lost $500 Million of Cryptocurrency in Under a Year appeared first on Bitcoin News.
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Cryptocurrency Exchange Bitgrail Suspends Operations After ‘Losing’ $170 Million of Nano
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 […]
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Five Trading Strategies to Build BTC Wealth During Altcoin Downtrends
During a remarkable year for Bitcoin, and especially the past six months, many altcoins have seen an ever-dwindling BTC price. In response, many traders have shifted their focus to prioritizing dollar profits rather than Bitcoin. While it is much easier to be USD-profitable while Bitcoin surges, there are still a number of strategies traders employ to continue to accumulate BTC, even while most alts have struggled to keep up with Bitcoin’s massive surge. Here are five strategies that allow traders to continue to profit while altcoins are red across the board. Trading on small exchanges In past altcoin bear trends, those coins that are traded onPowered by WPeMatico