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From Single Key to Sophisticated Computation: The Evolution of Crypto Exchange Custody
28.2.2020
When the first cryptocurrency exchanges sprung up in late 2010, multisig wallets had yet to be invented. As a result, a single private key was commonly used to control all customer funds. Today, multisig has been complemented by sophisticated solutions such as Unbound Tech’s CASP, which uses...
$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources
23.2.2020
On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from...
Investor Fortress Raises Buyout Offer for Mt. Gox Creditor Claims By 71%
20.2.2020
Fortress is now offering creditors a "premium price tier" of $1,300 on every bitcoin held by the defunct exchange's estate
Hedge Fund Increases Mt. Gox Creditor Offer to USD 1,300 per Bitcoin
20.2.2020
The New York-based hedge fund Fortress Investment Group has upped its offer as it looks to buy up creditor claims from Mt. Gox, the cryptocurrency exchange that monumentally collapsed in 2014, leaving thousands of bitcoin (BTC)-holding customers out of pocket.
Per Bloomberg, the hedge fund has made...
Fortress Financial Group Increases Buyout Offer for Mt. Gox Claims
20.2.2020
The group has offered more to purchase claims from creditors who lost money from the infamous $480 million hack
Ripple Co-founder Jed McCaleb Sold a Billion XRP and Has 4.7B Left
7.2.2020
Blockchain analysis suggests Ripple co-founder Jed McCaleb has sold 1.05 billion XRP so far, including 19 million last month
Ex-CEO of Mt. Gox, Mark Karpeles, Moves to Shut Down the Lawsuit
9.1.2020
Mark Karpeles. Source: a video screenshot, Youtube, CANAL+
The former CEO of the now-defunct exchange Mt. Gox, Mark Karpeles, has made a move in an attempt to shut down the class action lawsuit against him filed by ex-Mt. Gox customer, Gregory Greene.
Greene filed the original complaint against...
Former Mt Gox CEO Mark Karpeles Seeks to Put Longstanding Lawsuit to Rest
9.1.2020
Former Mt. Gox CEO Mark Karpeles aims to close proceedings against him in the state of Illinois by filing for summary judgment on multiple counts
Greek Court Suspends Decision to Extradite Alexander Vinnik
25.12.2019
The Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through...
Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin
21.12.2019
According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners...
U.S. Firm Offers to Buy up Mt. Gox Creditors at Reduced Price - Report
20.12.2019
Mark Karpeles, the former CEO of Mt. Gox. U.S. private equity and hedge fund firm Fortress Investment Group is intensifying efforts to take over creditor claims from the defunct cryptocurrency exchange Mt. Gox. Earlier this month, the New York-based company sent letters to the exchange’s creditors...
Fortress Investment Group Renews Bid to Buy Mt. Gox Creditors’ Claims
20.12.2019
Private equity and hedge fund manager Fortress Investment Group is redoubling its efforts to buy up claims from creditors of the hacked Bitcoin exchange Mt. Gox
Investment Giant Fortress Issues New Buyout Offer for Mt Gox Creditor Claims
20.12.2019
Creditors have until December 31 to accept the offer
Cryptocurrency Exchanges Are Fighting to Escape Binance’s Shadow
5.12.2019
It’s impossible to assess the cryptocurrency landscape without considering Binance. It looms large over the industry, dictating trends, soaking up liquidity, and compelling new exchanges to fight tooth and nail for market share. Most exchanges aren’t gunning to become the next Binance....
The Mystery Of 80,000 Bitcoins Stolen From Mt. Gox
20.11.2019
Source: iStock/Ja'Crispy
The sixth richest Bitcoin wallet with nearly BTC 80,000 (c. USD 653 million) has been lying dormant ever since March 2011. The coins originate from the first major hack of the now bankrupt Mt. Gox exchange, and the owner of the wallet has never spent a sat, leading many...
BitMEX Chaos, Cold Wallet Calamity, Germany Hates Crypto: Hodler’s Digest, Oct. 28–Nov. 3
3.11.2019
In this week’s Hodler’s Digest, BitMEX has a week to forget after two blunders, an exchange has lost the password to a cold wallet, and Germany really doesn’t like crypto
Mt. Gox Bitcoin Stays Put: Claims Deadline Pushed Back to Spring 2020
31.10.2019
Claims numbers cause another delay to Mt. Gox Bitcoin refunds
Fraudulent Transactions in Crypto, Explained
22.10.2019
Fraudsters are getting increasingly creative. Here are the common scams facing crypto consumers, and the novel approaches being used to stop them #Sponsored
Bitcoin History Part 18: The First Bitcoin Wallet
6.10.2019
Bitcoin users today are blessed with a panoply of feature-rich software and hardware wallets. When Bitcoin launched, however, there were no wallets. It took Satoshi Nakamoto to engineer the first desktop client, and his creation proved surprisingly resilient, serving the community faithfully...
Mt. Gox Trustee Contacts US DOJ in Connection with Vinnik Investigation
3.10.2019
Mt. Gox’s rehabilitation trustee has contacted the United States Department of Justice in search of information about the alleged former BTC-e operator Alexander Vinnik