Canadian-based QuardigaCX says they can’t find their cold storage wallets. In a notice published on its website, the crypto exchange says they have filed an application for protection under the Companies’ Creditors Arrangement Act (CCAA), a Canadian law which deals with bankruptcies in Canada. For the past weeks, we have worked extensively to address our liquidity issues, which include attempting to locate and secure our very significant cryptocurrency reserves held in cold wallets, and that are required to satisfy customer cryptocurrency balances on deposit, as well as sourcing a financial institution to accept the bank drafts that are to be
Willy Woo, an independent crypto analyst with a notable following on Twitter, doesn’t believe that Bitcoin (BTC) has yet seen its bottom during this bear market. In a recent tweet, Woo revealed that he is currently tracking on-chain transaction volume volatility as an indicator. However, he believes the current data points to more pain ahead […]
The bitcoin price on Monday continued its crash course despite showing gains during the early Asian trading session. The digital currency attempted a go at its yearly low at ~$ 3,455 after reversing from its intraday peak at $ 4,115. That overall marked a circa 14 percent crash, setting standards for a further bearish action. The BTC/USD … Continued
The post Bitcoin Price Continues to Bleed as Market Fails to Find a Bottom appeared first on CCN
Making sure you are updated with news is crucial in this industry. That’s why today, we are going to review the latest popular crypto news app – Crypto Millionaire.
What is Crypto Millionaire?
The Crypto Millionaire app helps you design a well-balanced portfolio which holds the millionth of supply of the top digital currencies in the industry including XRP, Ethereum and Bitcoin. Holding onto the millionth of supply makes sure that you aren’t going to over-invest or under-invest in a specific currency whilst ensuring a sizable stake on the winning coins for the future.
Blockchain will be just way superior to traditional business models in just about every industry sector.
Ok, I say ‘will be’ because blockchain and cryptocurrency are still in their infancy and there is a little way to go before businesses start leaping onto the blockchain wholesale.
It has taken time for blockchain startups to get financed (ICOs) and to build their tech. Also, no one is sure just how regulation will play out so big Wall Street investment is still on the sidelines looking in.
One thing is for sure though, replacement of existing business models with blockchain will happen sooner rather than later.
The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. However, only six arrests were made.
Korean Police’s Crypto Hacking Report
The South Korean National Police Agency has compiled a report of known hacking incidents that occurred in the country since 2016, according to local media.
Longhash, a crypto and blockchain media and analysis site, recently launched its own Bitcoin Tracker. In an effort to “offer more peace of mind to investors, regulators and the general public,” users can basically find the origin of BTC, tracking it through the many places it has traveled.
Longhash Launches Bitcoin Tracker
“Compared to the traditional financial system,” Longhash explains, “cryptocurrency can seem murky. Bitcoin transactions are pseudonymous, which makes them attractive to criminals.” And while that statement can for sure trigger a great many Bitcoiners to outrage, and probably should, the site believes mainstreaming crypto adoption will come with the advent of tools for transparency.
New exchange listings are always good news. By opening out to new exchanges, cryptocurrencies are opened up to new customers and new trading directions, therefore, it is often met with excitement when new tokens are listed on established exchanges. Moreover and possibly even more importantly, exchanges also benefit from these new listings, bringing new customers onto their platform and of course, an increase in trading volume, which means money for them and of course, money for everyone else.
Google recently launched a new search engine that aids journalists, policymakers, scientists and other users by granting access to datasets needed for research. The Dataset Search platform sifts through digital libraries, various publishers and author’s personal websites, among other places, to display open data repositories. The search engine relies on publishers to label their data […]
This month the Blockchain Transparency Institute (BTI) published a research report that claims quite a few of the top cryptocurrency exchanges are overstating their trade volumes or participating in wash trades. BTI explains that out of 130 of the top cryptocurrency trading platforms researched, the organization estimates that every 24-hours over $ 6B worth of digital asset trade volumes are faked.
A Hong Kong man skeptical of the cryptocurrency exchange KuCoin, paid a visit to its registered address in Hong Kong, only to find that it doesn’t actually exist.
In a recent post on Medium, Jackson Wong from Hong Kong wrote about his experience visiting the KuCoin offices in Hong Kong — or rather not visiting, as he found barely a trace of the company in its registered HK location.
The search was prompted by concerns Wong voiced in a previous post in January of this year, in which he warned readers that KuCoin was not actually operating out of Hong Kong like they had claimed. This came after finding out that KuCoin’s registered operating address was in mainland China.
Podcasts are great for helping people learn new things, connect to new subject matter, and access perspectives otherwise difficult to find. Yet not all podcasts are available to everyone. CastBox aims to change that.
The crypto ban in Pakistan is proving to be not as effective as expected. If anything, the State Bank has barred commercial banks and financial firms from dealing in cryptocurrency which, of course, makes life harder for local exchanges. Individual traders, however, are finding alternative ways to acquire or sell cryptocurrencies, defying the warnings and the prohibitions.
There’s a new Japanese Android and iOS game called Itadaki Dungeon that allows players to earn small micro-bits of BTC while venturing through 3,000 underground levels. The free game is a 2D course filled with weapons, special items, and cryptocurrency treasure.
If you were lucky enough to buy Bitcoin early on, the chances are that you are retired now. No other investment in the world has performed like BTC over the last few years and those that saw the revolution coming are now multi-millionaires. This success has led to an influx of investors trying to find the next big cryptocurrency so that they can make thousands of percent returns in only a few years. In this article, I will give you the best tips to help you to find the next Bitcoin.