DeFi
Hacks
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…
Adoption
Bitcoin Adoption: Blockchain Inc. Wallets Grow by 48 Percent Since 2018, 34 Million Now in Operation
Over 34 million Blockchain, Inc. wallets are functional as of March 2019, showing a 48 percent increase since 2018 and a staggering 1 million…
Adoption
Betting dApp TronBet Records $41 Million Weekly Volume, Set for $36 Million Year-End Profit
TronBet, a “tokenized gambling” platform, posted an impressive $41 million in betting volume in the last week of February and is on track to…
Adoption
$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…
Analysis
ICO Firms Paid Themselves $24 Billion Absent of Accountability or Much Effort
A BitMEX report highlights the egregiousness of the ICO craze of 2017. Cryptocurrency companies were able to raise millions absent of accountability and with little work,…
Exchanges
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…
Hacks
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…
Exchanges
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.…
Hacks
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…
Hacks
Blockchain-Issued Stock Provider DX.Exchange Patches User Data Leak
DX.Exchange, the Estonian exchange that rose to fame last week after launching tokenized U.S. equities on its platform, is facing scrutiny after a severe…
Adoption
ShapeShift Cryptocurrency Exchange Lays Off 37 Employees, CEO Calls Expansion Mistake
The crypto winter has devastated companies in the industry, including ShapeShift. CEO Erik Vorhees confirmed on Jan. 10 the layoff of 37 employees in…
Adoption
Parity Technologies Awarded $5 Million Grant from Ethereum Foundation
London-based Parity Technologies has won a $5 million grant from the Ethereum Foundation to fund its work on improving the Ethereum blockchain, such as…