It is thought to be the biggest theft of cryptocurrencies, surpassing the $ 400 million in bitcoin
lost by cryptocurrency exchange Mt. Gox in 2014.
Not exact matches
Coinbase has
lost another appeal in a lawsuit brought
by former customers of the defunct
cryptocurrency exchange Cryptsy, and the case will now proceed to a jury trial.
Altcoins 6 mins ago
By Kai Sedgwick — 444 0
Cryptocurrency Exchange Bitgrail Suspends Operations After «
Losing» $ 170 Million...
The world's most popular
cryptocurrency continued to
lose value on Friday, sliding
by nine percent on the Luxembourg - based bitstamp
exchange.
Some people pointed out that the behavior
by Bitfinex and other
cryptocurrency exchanges is one of the reasons why a few banks in emerging markets have
lost correspondent banking access: that they were de-risked because of what others perceive is a high - risk customer base.
Four years after
cryptocurrency exchange Vircurex
lost its funds due to alleged hacks, the firm is being sued
by its former customers.
The watchdog head's comments come amid growing popularity of
cryptocurrency trading in South Korea, and may have been prompted
by the recent outage of major domestic
exchange Bithumb, which recently experienced a technical outage that reportedly
lost traders billions of won.
In the past 15 months, Bitfinex, one of the world's largest
cryptocurrency exchanges, was fined
by a U.S. regulator,
lost $ 72 million worth of bitcoins to hackers and was cut off
by Wells Fargo, one of America's biggest banks.
As recently covered
by CCN, Brazil's largest
cryptocurrency exchange Foxbit recently went down and
lost a total of 30 bitcoins because of a bug that allowed users to withdraw their bitcoin balances twice.
The news from China that one of the most popular
exchanges in the country will stop trading Bitcoin
by October has the world's most popular
cryptocurrency losing some of its recently gained ground.