Business

Crypto Exchange QuadrigaCX Missing $145 Mln after Death of Founder

[ad_1] Following the sudden death of its founder Gerry Cotten, cryptocurrency exchange QuadrigaCX is reportedly missing CA$190 million dollars ($145 million) in digital assets, Canadian news daily The Globe and Mail reports on Feb. 1Citing a creditor protection filing from the Nova Scotia Supreme court, the Globe and Mail states that the firm has been unable to locate or access the funds since Cotten passed on Dec. 9, leading to
EXCHANGES

Australia’s Financial Intelligence Agency Registers 246 Bitcoin Exchanges

[ad_1] The Australian Transaction Reports and Analysis Centre (Austrac) has now officially registered 246 cryptocurrency exchanges. Pro-regulation industry participants have described the move as a key step towards legitimizing crypto assets. The registration process includes performing background checks and other anti-money laundering procedures on the entities involved. Also read: Coincheck Registers 1.7M New Users Since Resuming Operations Austrac Says Regulation Will Curb Money Laundering and Terrorism Financing Australia amended its anti-money
BLOCKCHAIN

Swiss Cybersecurity Firm Opens Blockchain Center in Geneva

[ad_1] Switzerland-based blockchain and cybersecurity firm WISeKey has opened a Blockchain Center of Excellence in Geneva, according to an announcement on Feb. 1.WISeKey focuses on secure authentication and identification using a cryptographic tool called Root of Trust. The company is increasingly incorporating Internet of Things (IoT) and blockchain technology into its operations and portfolio.The Geneva Blockchain Center of Excellence will purportedly assist blockchain-related startups in addition to researching and promoting
BLOCKCHAIN

Coinbase Director of Data Science and Risk Steps Down

[ad_1] The Director of Data Science and Risk at American cryptocurrency trading platform Coinbase, Soups Ranjan, has stepped down. Ranjan announced his departure on Twitter and in a blog post on Jan. 31.In his Medium post, Ranjan reflected on the values of Coinbase, where he began working in 2015, stating:“Last week marked the end of my tour of duties at Coinbase where I built many systems and teams from ground
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What Bear Market? Crypto-Concierge Service Did $250M in Sales Last Year

[ad_1] One crypto-concierge service pulled in $250 million of sales despite Bitcoin price and the cryptocurrency market shrinking by over 80 percent last year. Bitcoin Burning a Whole in Your Digital Wallet? The perennial problem of the crypto-investor is one of too much money, too little time. ‘When Lambo?’ isn’t down to price, rather finding a chance (and energy) to get down to the showroom. At least, it must be
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Anarchapulco Returns Promoting Freedom and Cryptocurrencies

[ad_1] On Feb. 14-17, 2019 the fifth annual Anarchapulco conference, dubbed “Life Unchained,” will be hosted in Acapulco Mexico. During previous Anarchapulco events, the pro-freedom and liberty event dedicated a whole day to blockchain innovation and cryptocurrency solutions, but this year all four days will have a devoted focus on digital currencies. Also read: Startup Launches Loaded Bitcoin Cash Notes to Spread BCH Adoption Anarchapulco 2019: Life Unchained Anarchapulco is coming
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Chainalysis Report: Two Groups Responsible for Most Publicly Reported Hacks

[ad_1] Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week. According to the report, simply called the Crypto Crime Report, the groups generated around $1 billion of hacking revenues for themselves so far. “Hacking dwarfs all other forms of crypto crime, and it is dominated by
Business

Markets Quiet as Most Major Coins Report Small Gains, Bitcoin Hangs Below $3,500

[ad_1] Feb. 1 — Markets are relatively quiet, as major coins are trading sideways, with most seeing small gains over the 24-hour period.Market visualization from Coin360The top cryptocurrency Bitcoin (BTC) is hovering below the $3,500 mark, trading at $3,492 at press time. The coin is up by .71 percent on the day and is still down by 2.85 percent on its weekly chart.Yesterday, the Chicago Board Options Exchange’s (CBOE) re-submitted
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Wrap Your Head Around This: BTC Is Now Featured as a Token on Ethereum

[ad_1] It happened: Bitcoin is now an Ethereum token. Wrapped Bitcoin (WBTC), an ERC-20 token with a 1-1 peg to bitcoin, went live on the Ethereum network on the final day of January, “the first token that makes Bitcoin compatible with the Ethereum chain,” its architects say. Kyber Network, Bitgo and Ren spearheaded the “community led” initiative, which has spread its reach to AirSwap, BitGo, Blockfolio, Compound, DDEX / Hydro,
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A Short History of Major Fiat Currency Collapses and What Triggered Them

[ad_1] Earlier this year we witnessed a mini flash crash that hit the fiat currency markets. It took approximately seven minutes for the Australian dollar to plummet against the Japanese yen, which surged to levels that it had last held almost a decade ago. Like a number of fiat currencies, bitcoin is going through its own boom and bust cycle which is something it has experienced before. Historically, several global currencies