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Hackers Steal USD 32M in Crypto from BITpoint Japan


Source: iStock/Ali Kerem Yücel On July 11, hackers stole JPY 3.5 billion (USD 32 million) from the Japanese cryptocurrency exchange BITpoint, its parent company Remixpoint confirmed today, adding that victims of the hack will be compensated. The exchange stopped all its services earlier today...

Binance: 10K Margin Traders Borrow USD 15M; BNB Jumps on Burn News


More than 10,000 people signed up on “yesterday alone” for the Binance’s new margin trading account, which makes up more than USD 15 million borrowed for margin trading, CEO of Binance Changpeng Zhao said during a livestream today. The company has also announced a major Binance coin (BNB) burn...

S Korean Blockchain Sandbox ‘Leaving Crypto Companies in Limbo’


Companies hoping to use South Korea’s regulatory sandbox to pioneer blockchain-powered overseas remittance operations have been left treading water – with ministers still undecided as to whether they will grant operating permits seven months after beginning deliberations. Per media outlet Next...

Trump Takes Aim at Bitcoin, But Crypto Community Says ‘Thanks’


Source: Twitter, @WhiteHouse American President Donald Trump has lashed out at cryptocurrencies – taking aim at Bitcoin and Facebook’s Libra project in particular, and insisting that the social network and other token issuers must “face global regulations” if they intend on “becoming banks.” In...

Expert Witness in Satoshi Case Claims Dr Wright’s Documents Were Doctored


The Kleiman v. Wright case continues this week and a slew of new evidence has been submitted to the Southern District of Florida courthouse. A supplemental affidavit stemming from the Kleiman estate’s expert witness, Dr. Matthew Edman, indicates that documents submitted to the court...

Bitcoin Cash Community on Bitkan’s K-Site Raises Funds for BCH Development


Last year news.Bitcoin.com spoke with the cofounder of Bitkan, Fang Yu, about the company’s K-Site project, which acts as a decentralized media outlet, micro-blog and forum with rewards. Just recently, Bitkan spoke with news.Bitcoin.com about K-Site’s growth and how the platform’s...

The Cryptocurrency Projects Pursuing a Path to Decentralization 


Decentralization over time is an ethos that many crypto projects espouse. To date, however, few have completed this journey. Talking the talk is easy, but when it comes down to it, only a handful of projects are bold enough to walk the walk and willingly entrust their fate to the community. Also...

Alert: Crypto Scam Season is Upon Us, Even Central Bank Issues Warning


It’s scam season again. Though scams have been omnipresent online basically since the inception of the Internet, there are periods in the cryptoworld when they are particularly prominent and are more brazen with each cycle. It has come so far that even a central bank had to issue a warning now. Now...

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