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Over 55,000 Brazilians Conned For $200 Million By Fake Cryptocurrency, As Crypto Frauds Refuse To Die
23.5.2019
Crypto related frauds continue to be a headache for the market. Another one pops out its head from Brazil, where a fake cryptocurrency scams over 55,000 investors. The estimated fraud value is said to be over $200 million. The primary for crypto scams has been the lack of awareness among investors....
Here Comes Russia’s Largest Crypto mining Farm worth 7.3 Million U.S Dollars by CryptoUniverse
23.5.2019
Equipped with 3000 pieces of mining equipment, spread across 4000 sq. Meters, Russia’s largest crypto mining farm is all set to surprise us. CryptoUniverse is the mind behind this plan. The mining farm has been constructed on the site where previously the “Soviet fertilizer-producing laboratory”...
Novartis Gene Therapy Treatment Might Cost Much Lower than $5 million to $4 Million
23.5.2019
Swiss drug manufacturing behemoth Novartis has almost always been at the cutting edge of drug research and one of the most ambitious projects that the company had embarked on in recent years was the one related to gene therapy. Gene therapy is needed to treat spinal muscular atrophy and consists...
Europol Shuts Down $200 Million Crypto Mixing Service Bestmixer
22.5.2019
Europol, along with Dutch and Luxembourg authorities, have shut down one of the three largest cryptocurrency tumblers, Bestmixer.io
Brazil Shuts Down Cryptocurrency Pyramid Scheme That Defrauded 55,000 of $200 Million
22.5.2019
Brazillian police have arrested ten people suspected of operating a cryptocurrency pyramid scheme worth 850 million reals ($210 million)
Traders Accused of Illegally Collecting $56 Million in Bitcoin for Loan Scheme
22.5.2019
Two OTC traders in China have been accused of illegally soliciting over 7,000 bitcoin in deposits for a supposed loan offering
Beauty Industry Focused Cosmochain Bags $2.5 Million Investment From US Hedge Fund Ulysses Capital
22.5.2019
Beauty Industry focused platform, Cosmochain has managed to bag a $2.5 million investment from the US hedge fund Ulysses Capital. This is the largest secondary investment for a dapp project till date. Cosmochain tweeted about the investment on Monday. Cosmochain attracts $2.5M investment from...
Ethereum (ETH) Price Analysis: Hacker Transferred $7 Million Worth of ETH to Single Wallet; Investors Unaffected
22.5.2019
After the Cryptopia theft, the hacker transferred ETH worth of $7 million to a single wallet. The medium-term outlook is bullish, the target price at $1000. One major factor which has been putting the whole cryptocurrency sector is the security of coins. There have been numerous instances...
$71 Million: Galaxy Digital Sells Stake in EOS Blockchain Maker Block.One
22.5.2019
Galaxy Digital, the crypto bank founded by Michael Novogratz, has sold its position in Block.one, the maker of the EOS blockchain, for $71 million
$19 Million: Ethereum Foundation to Fund Work on 2.0 Upgrade, Plasma and More
21.5.2019
The Ethereum Foundation issued a blog post today outlining how an estimated $30 million would be spent to further develop the ethereum ecosystem
Dutch Man Arrested Over $2.2 Million Bitcoin Mining Fraud
21.5.2019
A man has been arrested in the Netherlands for allegedly scamming investors out of over $2.2 million in a fake bitcoin mining scheme
Ethereum Trading Volume Reaches $900 Million
21.5.2019
The current bull run on the crypto market is reflecting on many major cryptocurrencies, and Ethereum is no exception. Trading of Ethereum witnessed a record high of $900 million. For the past four months, ETH has steadily increased, doubling from a low of just over $ 100 in February to its current...
Police Arrest Dutch Cryptocurrency CEO in Rumored $110 Million Fraud Case
21.5.2019
An alleged bitcoin mining fraud scheme involving $110 million sees an arrest in the Netherlands
Kraken $10 Million Equity Sale With BnkToTheFuture Seeks to Democratize Access
21.5.2019
United States cryptocurrency exchange Kraken is offering equity to users in a fundraiser that raised over $6 million in its first day
UK Watchdog Reports $34 Million Lost in Crypto and Forex Scams Last Year
21.5.2019
The United Kingdom Financial Conduct Authority reports $34 million lost to crypto and forex scams last year
$900 Million: Coinbase Records Highest Weekly Ethereum Trading Volume Since 2017
20.5.2019
Popular ethereum markets exceeded $900 million in trading volume on Coinbase last week, its highest amount since late 2017
Kik CEO Says Firm Spent $5+ Million on Negotiations With US SEC: Report
19.5.2019
Startup Kik allegedly spent over $5 million on its negotiations with the U.S. SEC
Cornell Uni’s Emin Gun Sirer Debuts Ava Blockchain Following $6 Million Investment
17.5.2019
Emin Gun Sirer, a professor at Cornell University a major global blockchain expert, has started private testing of his own Ava blockchain before issuing his own crypto
Report: Top Banks Alleged to Be Investing $50 Million in Digital Cash Settlement Project
17.5.2019
Some of the world’s leading banks are allegedly currently investing around $50 million to build a blockchain-based digital cash system for transaction settlement, sources claim
Amazon Conducts $575 Million Funding Round in UK Food Delivery Firm Deliveroo
17.5.2019
In an increasingly connected world that has been ushered in by a range of tech companies over the past decade and a half, food delivery has become one of the most important industries all over the world and in that regard; the United Kingdom is no different. The country’s most popular food delivery...