Crypto

Cryptopia Calculates That 9.4 Percent of Assets Stolen in January Hack | Bitcoin Magazine

Cryptopia Calculates That 9.4 Percent of Assets Stolen in January Hack The New Zealand-based crypto asset exchange Cryptopia has made their assessment of a January hack, claiming that up to 9.4 percent of all their assets were stolen. In January 2019, the exchange went offline after publicly reporting a “major security breach,” which likely resulted in a theft of at ...

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Decentralized Payment Processor BTCPay Adds New Invoicing Options | Bitcoin Magazine

Decentralized Payment Processor BTCPay Adds New Invoicing Options Decentralized payment processing service BTCPay Server announced a new service available through their platform on February 22, 2019: a way to request payments by simply sharing a URL, thereby streamlining many of the model’s existing hangups. BTCPay Server has been in the space since late 2017, serving as a decentralized payment processor ...

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Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy | Bitcoin Magazine

Citing Executive Embezzlement, Korean Crypto Exchange Declares Bankruptcy Coinbin, a South Korean crypto exchange, declared bankruptcy on February 22, 2019, citing foul play from inside the company. Business Korea reported on Coinbin’s recent failure, claiming that the company had lost $26 million as a result of theft and the subsequent bankruptcy declaration. Coinbin’s CEO Park Chan-kyu claimed that the move ...

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This Crypto Art Auction Lets Venezuelans Dismantle Maduro Bolivar by Bolivar | Bitcoin Magazine

This Crypto Art Auction Lets Venezuelans Dismantle Maduro Bolivar by Bolivar To donate to causes aiding those in Venezuela, please visit #AirdropVenezuela’s website or Bitcoin Venezuela’s website. To partake in cryptograffiti’s charity auction, please visit the donation page and tune in to the live stream here. “Literally and figuratively, the Venezuelan people are bringing down Maduro.” This is how cryptograffiti ...

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“Clear and Robust Strategy” Nets 0.023% Recovery of Bitfinex’s Hacked… | Bitcoin Magazine

“Clear and Robust Strategy” Nets 0.023% Recovery of Bitfinex’s Hacked Funds (So Far) According to an official statement published on February 25, 2019, Bitfinex has revealed that the United States government returned 27.7 BTC (worth about $105,000 USD) to the exchange, as part of restitution for a hack that was effected on the exchange back in 2016. The returned tokens ...

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Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019 | Bitcoin Magazine

Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019 Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year. Currently, Ebang is the third largest manufacturer of cryptomining equipment. There is one main reason ...

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Indian Supreme Court Gives Government Deadline to Reach Decision on… | Bitcoin Magazine

Indian Supreme Court Gives Government Deadline to Reach Decision on Crypto Regulations The Supreme Court of India made a decision on February 25, 2019, to present the government with an ultimatum: Develop crypto regulations within the next four weeks or the court will make its own judgement. In addition to setting this deadline, the court has refused to hear further ...

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So Far, Only Two Businesses in Ohio Have Used Bitcoin to Pay Taxes | Bitcoin Magazine

So Far, Only Two Businesses in Ohio Have Used Bitcoin to Pay Taxes According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme. Speaking at a forum organized by the Ohio State Associated Press on February 19, 2019,Robert Sprague fielded questions about ...

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IBM Exec Forecasts a Million-Dollar Bitcoin — When a Sat Will Equal a Cent | Bitcoin Magazine

IBM Exec Forecasts a Million-Dollar Bitcoin — When a Sat Will Equal a Cent An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility. Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which ...

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BitMart and Paxful Team Up to Generate Crypto Liquidity | Bitcoin Magazine

BitMart and Paxful Team Up to Generate Crypto Liquidity On February 21, 2019, peer-to-peer bitcoin marketplace Paxful announced a partnership with trading platform BitMart for the purpose of vastly increasing the latter’s liquidity and scalability. In a company statement, Paxful claimed that this project was initiated “in the hopes of increasing liquidity and scalability” across the entire crypto asset industry. ...

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