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FCoin Clients Not Happy With a "Restart" Plan
28.2.2020
The presumably failed Chinese FCoin exchange has announced its return to the crypto scene, with a goal to let the community take charge of it, but that community may not be interested. Ever since FCoin announced the loss of funds and the founder published a detailed letter of what allegedly led...
FCoin Working to Resume Operations, Promises to Return Lost Funds
27.2.2020
FCoin announces its relaunch, promising to repay all its users
Error or Plunder? Report Suggests FCoin Purposely Moved Customer Bitcoin Since 2019
26.2.2020
A recent report from Silicon Valley-based Anchain AI wonders out loud whether funds were purposely pilfered by insiders, challenging FCoin’s official line claiming a data error was to blame
FCoin Blames Poor Auditing for Shutdown, but Others Suspect Exit Scam
22.2.2020
Is FCoin another exit scam in the cryptocurrency exchange scene or is its insolvency simply due to ineptitude on the part of the company?
Insolvent Exchange FCoin Had Bitcoin Outflow Problems Just Two Months After Launch: Report
21.2.2020
The exchange, which revealed its insolvency this week, may have already had issues as early as July 2018
FCoin Exchange Shuts Down; Users Likely to Incur Losses Worth $125 Million
18.2.2020
Chinese crypto exchange FCoin announced on Monday that it is shutting down, citing “internal data errors & complicated decisions.” Launched in May 2018, FCoin has always been in the news, controversially most of the time. The blog post penned by founder and chief Zhang Jian; the company said...
Chinese Exchange FCoin Closes Down, Still Owes Users $125 Million
18.2.2020
FCoin CEO reveals the exchange has to stop running, with users still waiting for $67 million to $125 million
Crypto Exchange FCoin Insolvent After Revealing Up to $130M Bitcoin Shortfall
17.2.2020
Fcoin, a crypto exchange that adopted the controversial "trans-fee mining" model, has paused trading and withdrawal services after revealing a shortage of crypto assets worth up to $130 million
Troubled FCoin Goes Bust Leaving Up to USD 116 Million in Limbo
17.2.2020
Source: iStock/Lisa-Blue
Troubled Chinese crypto exchange FCoin expects that "the scale of non-payment is between 7000-13000 BTC" (USD 62.5 million - USD 116 million) after it run into troubles last week.
As reported, on February 12, the exchange stated that they lost "contact of key personnel...
Crypto Exchange Model Disruptor FCoin Reports 'Severe' Damages, Data Loss
13.2.2020
Source: iStock/traffic_analyzer
Something is happening over at FCoin, a Chinese crypto exchange, and it resulted in the mysterious case of missing data. Meanwhile, the exchange opened a withdrawal process.
FCoin was founded by the former CEO of Huobi exchange, Zhang Jian. It's said to be...
PR: Bitpunter Launches Transaction Mining for Online Gaming
1.8.2019
The recent advent of transaction mining as a business model has taken the cryptocurrency world by storm, with transaction fee mining exchanges such as BitMax and FCoin overtaking other long-serving exchange powerhouses in a short span of time.
The post PR: Bitpunter Launches Transaction Mining...