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Market Maker Sues Lawyer Over $4 Million BTC Transaction Gone Awry

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Market Maker Sues Lawyer Over $ 4 Million BTC Transaction Gone Awry

Market making and over-the-counter trading firm GSR Markets is taking legal action against lawyer Diana McDonald, who is accused of pocketing $ 2 million from a $ 4 million BTC transaction in which she acted as an escrow.

Also Read: In the Daily: Bitcoin Begging, NEM Foundation Fights to Survive, Huobi Prime

GSR Markets Sues Lawyer Over Missing $ 2 Million

Hong Kong-based GSR Markets is taking legal action against a lawyer who was to act as an escrow in a $ 4 million BTC escrow transaction gone awry. According to the plaintiffs, GSR sent BTC to them in exchange for $ 4 million that was sent to the trust account of a lawyer designated to act as an escrow, only to have $ 2 million returned to them and receive no cryptocurrency.  Read more...

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$190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All

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QuadrigaCX, the largest bitcoin exchange in Canada, has lost $ 190 million worth of crypto after it lost access to its cold storage wallets. An affidavit filed on January 31 with the Supreme Court of Nova Scotia revealed that $ 190 million in Bitcoin, Bitcoin Cash, Bitcoin Cash SV, Bitcoin Gold, Litecoin, and Ethereum were lost. How Did the Bitcoin Exchange Lose All of its Crypto Funds? The affidavit, first obtained by CoinDesk, was filed by Jennifer Robertson, the widow of QuadrigaCX founder and CEO Gerald Cotten. According to a death certificate included in the affidavit, Cotten passed away in India after  Read more...

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Bull Gone: Bitcoin Price Forming Doji to Signal Potential Trend Reversal

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Bitcoin price on Tuesday reached a session high on Coinbase at $ 3,586 but remained in the fears of a potential reversal action overall. Ahead of the US session so far, bitcoin’s opening and closing positions today have remained very close to one another, as indicated by the small candlestick. Called a Doji candlestick formation, this

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Newsflash: Canadian Bitcoin Exchange ‘Hacked,’ Says All Funds are Gone

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A small Bitcoin exchange based in Alberta, Canada, has gone offline. Before their Twitter page went offline, MapleChange had announced on Twitter that they “[had] no more funds to pay anyone back.” In the way of an explanation, the exchange had, approximately one hour before deleting its Twitter page, said that a “bug” had enabled … Continued

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Bitcoin Now Recognised By Scrabble, Finally The World Has Gone Crypto Mad

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Bitcoin Now Recognised By Scrabble, Finally The World Has Gone Crypto Mad

Yesterday, news broke out about a huge new listing for Bitcoin, though it’s not quite what it seems.

Popular family board game Scrabble have announced that ‘Bitcoin’ will be added along with 300 news recognised words that can be used in order for players to earn points.

If you’ve not played Scrabble, here’s brief introduction to one of the world’s most loved games, according to Wikibooks:

“The goal of Scrabble is to score as many points as possible by placing letter tiles to create words onto the game board.  Read more...

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Ethereum Creator Believes Days of 1000x Crypto Growth is Gone

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According to Vitalik Buterin, the co-creator of Ethereum, the days of 1000x growth as seen in 2017 in the cryptocurrency sector is gone. Speaking to Bloomberg, Buterin emphasized that the awareness of cryptocurrencies and blockchain technology has already achieved its high point in Dec. 2017, when the price of major cryptocurrencies like Bitcoin, Ethereum, Ripple,

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So Long, All-Time Highs? Goldman Sachs Says Crypto Peaks Have Been And Gone

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Goldman Sachs head of global investment research Steve Strongin has pronounced the eventual death of all but “a handful” of cryptocurrencies as prices rebound.

‘Most, If Not All’ Coins Have Peaked – Goldman’s Strongin

In a note widely circulated among naysayers in the mainstream press such as Russia Today, Strongin took a harder line than CEO Lloyd Blankfein and even JPMorgan CEO Jamie Dimon, going on record to forecast that “most, if not all, will never see their recent peaks again.”

Bitcoin has led a fresh resurgence in the price of the vast majority of crypto assets this week as positive signs from a US regulatory meeting Tuesday fueled a return to confidence in their prospects.  Read more...

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Gone in 60 Seconds: SingularityNET ICO

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As the digital horse race for the Next Big Thing in blockchain heats up, more and more companies are getting on the bandwagon to launch their revolutionary concepts and ICOs. SingularityNET is a decentralized marketplace for artificial intelligence, and it may well have the record for the fastest selling ICO ever.

According to reports, the ICO was sold out within 60 seconds of going public, raising $ 36 million for the company behind the ambitious project. The team at Singularity reports that the crowdfunding was capped after receiving $ 361 million in investor interest on its whitelist from more than 20,000 previous investors.  Read more...

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