Recent Stories by Shaurya

Founder of Hacked Bitcoin Exchange Mt.Gox Mark Karpeles Sentenced to Over Two Years

Mark Karpeles, the founder of the now-defunct bitcoin exchange Mt.Gox, was found guilty of tampering with records and given a suspended prison sentence of two years and six months. The High Court ruling comes five years after a massive security...

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$2.1 Trillion Fund Management Firm Fidelity Launching Bitcoin Custody in Q1 of 2019

Fidelity Investments, the world’s fifth largest asset managers with $2.5 trillion under management, is launching a Bitcoin custodial product aimed at institutional investors to expand its “Digital Asset” service. Scheduled for a March 2019 launch, the offering comes after...

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Bakkt Acquires Established Futures Brokerage to Strengthen Bitcoin Offering

Coming Bitcoin futures exchange Bakkt announced Monday the acquisition of an independent futures commission merchant for an undisclosed amount. The move aims to augment Bakkt’s services for institutional investments in cryptocurrency assets. On the back of a $182 million...

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Cryptopia Suffers Catastrophic Hack, Evidence Suggests $2.5 Million Ethereum Stolen

New Zealand-based Cryptopia is the first cryptocurrency exchange to get hacked in 2019. Estimates of the damage range between $2.5 to $3.5 million; The attack was confirmed in the late hours of Jan. 13th after the company announced emergency “maintenance.”...

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Gemini’s Winklevoss Twins Believe Bitcoin’s Future Lies in Regulation

Bitcoin evangelists and Gemini founders Tyler and Cameron Winklevoss believe cryptocurrency has a “bright future,” given banking-style regulations are applied to the burgeoning sector. In an interview with Fortune on Jan. 13, the Winklevoss twins noted the current market...

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New Pirate Bay Malware Replaces Bitcoin and Ethereum Addresses, Alters Google Search Results

A new virus making the rounds is embedding nefarious code in a victim’s computer to extract cryptocurrencies, deceptively altering search results to scam users into parting with their digital assets. As reported by cybersecurity publication Bleeping Computer, the virus...

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