Jun 13, 2019 at 15:27
Over $9.2Mln XRP on the Move After GateHub Exchange Hack
The world’s third largest cryptocurrency by market cap, Ripple (XRP), is on the move after an unsuspected attack by anonymous hackers. Early this month, around $9.2 million worth of Ripple (23 mln of XRP) was illegally fetched from GateHub, a digital currency wallet service provider. It looks like the hackers are now in the process of moving the stolen Ripple and cashing out at any available opportunity.
Jun 07, 2019 at 10:20
Bitcoin Traders in India are no Longer at Ease
Bitcoin and cryptocurrency traders in India are not benefiting from the industry following the ban of cryptocurrency activities by the Reserve Bank of India (RBI) in April last year, and this is making their social life hard. The peer-to-peer (P2P) system that was developed by cryptoasset exchanges has some voids in it and hackers have taken advantage of this to fraud people and most of them have become or are yet to be victims.
Jun 02, 2019 at 12:38
Japan in Fear of Cryptocurrency ETFs Due to Price Volatility
Japan is suspicious about cryptocurrency-based exchange-traded funds (ETFs) due to price volatility. According to the remarks from the upper house of the National Diet that happened recently, the country’s monetary watchdog Japanese Financial Service Agency (FSA) expressed a watchful stance towards ETFs.
The Gap Between Traditional Banking & Crypto Could Be Bridged Faster Than You Think
It seems to be in fashion to talk about cryptocurrency adoption and how some established business has decided to accept crypto as a payment method. Yes, all that does help expand the use-case of cryptocurrency as a medium of exchange, but it does not solve a key fundamental problem for crypto. Back in late 2017 and early 2018, cryptocurrency exploded into the consciousness of the mainstream and that put crypto under a very bright, though brief, spotlight.
Cryptopia Cryptocurrency Holders Get Update from Liquidators
The popular New Zealand (NZ)-based cryptocurrency exchange Cryptopia was unexpectedly attacked twice by anonymous hackers in January who run away with more than $18 million worth of cryptocurrency from around 80,000 wallet addresses. From the complicated liquidation actions being conducted by Grant Thornton, an update for all account holders was announced.
SEC Delays Cryptocurrency ETF Verdict, is This a Good Thing?
The United States (US) Securities and Exchange Commission (SEC) yet again ruined the hopes of the public involved in the cryptocurrency industry, by rearranging a verdict on the launch of a Bitcoin exchange-traded fund (ETF) to make a more dependable platform for significant institutional money to enter the digital currency markets. The US SEC’s delay of a crypto ETF is not such a bad thing since institution of such legal actions is suitable at this moment taking into consideration the legal and policy matters originating from the suggested rule amendment.
Over $250,000 Ethereum Stolen From Cryptopia are Circulating
Whale Alert, a twitter account that automatically and manually records weighty cryptocurrency transfers for the social media platform ecosystem, uncovered that just over $250 thousand of stolen Ethereum (ETH) from the hacked New Zealand (NZ)-based cryptocurrency exchange Cryptopia, finally moved on Tuesday May 21.
Hackers Stole 7000 Bitcoin According to Binance CEO
The CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), and his team gave a recap of the security incident that happened on May 7, an event that saw the exchange lose more than $40 million (7,000 BTC) from their Bitcoin hot wallet.