The CEO of Sky Mining, a crypto mining company in Vietnam, has disappeared with investor funds totaling about $35 million, according to a local news outlet. About 20 investors of Sky Mining reported the matter to the local police in the Phú Nhuận District after learning that “approximately 600 mining machines had been removed” by
The post Crypto Mining Firm CEO Exit Scams with $35 Million in Investor Funds appeared first on CCN
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-
Crypto Mining Firm CEO Exit Scams with $35 Million in Investor Funds
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Gallup Poll: 75% of US Investors Think Bitcoin Is 'Very Risky'
Three-quarters of U.S. investors think bitcoin is too risky to invest in, a new poll by Gallup and Wells Fargo showed Monday. -
Tech Venture Investor: SEC Approval for a Bitcoin ETF is Not Far Away
via newsbtc.comThe CEO of the Fatfish Internet Group believes that Bitcoin will continue to increase in price in the short-term. Kin-Wai Lau spoke about the market experiencing a “second wave rally,” as well as the Bitcoin ETF proposed to the SEC.
Kin-Wai Lau: Second Wave Rally is “Very Strong”
Kin-Wai Lau appeared yesterday on CNBC’s “The Coin Rush” segment. There, he mentioned that he believed people will see the current price action in Bitcoin and other cryptocurren -
Chamber of Digital Commerce Proposes Guidelines for ‘Responsible’ Crypto Market Growth
The Chamber of Digital Commerce Token Alliance’s new report on how to understand the digital token market notes that guidelines are needed to promote “responsible growth” and innovation -
Crypto Market Cap Down to $295 Billion, Short-Term Drop For Bitcoin Price Expected
Over the past 24 hours, the valuation of the crypto market has dropped slightly from $300 billion to $295 billion, as the bitcoin price declined from $8,300 to $8,150. Tokens including Aelf (ELF), Holo (HOT), Zilliqa (ZIL), Binance Coin (BNB), and 0x (ZRX), which performed well against both bitcoin and the U.S. dollar last week, … Continued
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 30
Experts have still not reached consensus on whether the approval of a Bitcoin ETF by the SEC is all that important. Meanwhile, the markets continue reacting to the recent rejection of an ETF by Winklevoss twins - let’s check the charts -
MOAC—Multi-Layer Blockchain Architecture for Commercial Applications
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Novogratz's Galaxy Digital Will Start Trading on a Stock Exchange This Week
Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week. -
Cryptocurrency Bank Galaxy Digital Lost $134 Million in Q1. Now It’s Going Public.
Telling prospective investors that your cryptocurrency merchant bank lost more than $130 million during a single quarter is not the optimal way to market your firm on the eve of its public listing, yet that’s the situation in which Mike Novogratz now finds himself. According to Bloomberg, Novogratz’s firm — Galaxy Digital LP — will … Continued
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Novogratz’s Galaxy Digital to Make Public Debut on Toronto Stock Exchange
via newsbtc.comMike Novogratz’s merchant bank, Galaxy Digital, will be going public on Toronto’s TSX Venture Exchange on August 1st, making it one of the first ever public cryptocurrency focused merchant banks.
In an interview with Bloomberg, Novogratz expressed some concerns with the upcoming IPO, mainly centered around the decline in the cryptocurrency markets.
“If I knew what I know now, knew the crypto markets were going to swoon as much, and it was going to take so long, I might have sta -
Charlie Lee to Advise Development of HTC Crypto-Compatible Smartphone Exodus
Litecoin founder Charlie Lee announces announces advisory role for HTC’s new crypto-compatible smartphone Exodus -
Bitcoin ETFs May Have Lost the Battle, But Not the War
Here’s why the Winklevoss’ failed attempt to register a Bitcoin ETF comes with a silver lining -
Newsflash: Bitcoin Price Slips to $7,861 as Market Tests Key Support Level
The bitcoin price slipped back below the $8,000 mark on Monday, reversing the recovery that it had made heading into the weekend. Bitcoin entered the day trading above $8,100, a mark it largely held until shortly after 17:30 UTC when — after flirting with that level for approximately 20 minutes — BTC/USD experienced a sudden
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Media: Crypto Exchange Huobi’s OTC Trading Platform to Support India Rupee Transactions
Huobi, currently the world’s third largest crypto exchange by daily trade volumes, is set to support Indian rupee transactions on its proprietary peer-to-peer trading platform -
Kim Kardashian Publicly Accepts Her First Bitcoin
Will social media empress Kim Kardashian help bring more users to bitcoin? Matthew Roszak, co-founder of Bloq and other cryptocurrency initiatives, must have thought so when he presented the social media titan a physical bitcoin during the First Annual “If Only’ Texas Hold’Em Charity Poker Tournament,” an event he announced on Twitter. Big fun at
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Biser’s Whitepaper: Profit Sharing Model behind a Chat App
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Bitcoin Holds $8,000 as Community Weighs ETF Impact Prospects
Relatively stable trading for Bitcoin and Ethereum today contrasts with large monthly growth differences — 28 percent and 2 percent respectively -
Chamber of Digital Commerce Releases Guidance on ICOs to Support Self-Regulatory Approach
The Chamber of Digital Commerce’s (CDC) industry initiative has released a comprehensive report outlining guidelines for the token ecosystem and initial coin offerings (ICOs). The report, Understanding Digital Tokens: Market Overviews & Guidelines for Policymakers & Practitioners, was prepared by the Token Alliance, an industry-led initiative of the CDC. Comprising of more than 350 global industry […]
The post Chamber of Digital Commerce Releases Guidance on ICOs to Sup -
HTC Says Its Crypto-Friendly Smartphone Will Support Litecoin
Litecoin creator Charlie Lee revealed Monday he will serve as an advisor to HTC's Exodus, the blockchain-powered smartphone. -
Bitmain Plans Overseas IPO, Earned $1 Billion in Net Profit in Q1, Sources Report
Crypto hardware mining giant Bitmain plans an IPO overseas in a U.S. dollar denominated shares market, according to sources -
UDAX Digital Asset Exchange to Launch in Hong Kong after Flagship Exchange in South Korea
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This Cryptocurrency Hedge Fund Has a Lifetime Return of 10,136%
Midway through 2013, when the bitcoin price was trading at $104, cryptocurrency hedge fund Pantera Capital published an investor letter that made what at the time seemed to be a moonshot prediction: The bitcoin price, the firm said, will one day hit $5,000. Five years on, a $5,000 bitcoin price target is considered bearish, and
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Crypto Mining CEO Said to Disappear With $35 Million In Funds
Crypto mining firm Sky Mining's CEO Le Minh Tam has reportedly stolen $35 million from investors and fled to America. -
Cloudbet Celebrates Bitcoin Cash Birthday by Doubling All Deposits
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Smart Dubai and DIFC Courts Partner to Explore Blockchain-Powered Judiciary
The Dubai International Financial Centre Courts and Smart Dubai have partnered on a “Court of the Blockchain” initiative that includes refining smart contracts for the legal system -
Global Player Relies on Blockchain – the Revolution in Advertising Market
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Ojooo is a German-American group of companies, that handles advertisement and implements the latest technologies in this field for several years. Ojooo employs and connects prominent specialists who believe
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Novogratz’s Crypto Bank Galaxy Digital to Start Trading Aug. 1 on Canadian Exchange
Mike Novogratz’s crypto-focused merchant bank, Galaxy Digital LP, is set to begin trading on Canada’s TSX Venture Exchange August 1st -
IOTA Partners with Audi to Examine ‘Permissionless Mobility Ecosystem’
The teams have a week to produce a prototype which will be submitted to public scrutiny. -
Bitcoin Price Intraday Analysis: BTC/USD Bias Conflict Prevails
So now we are at the start of another week, but Bitcoin value hasn’t really managed to extend the previous week’s powerful rally towards $8,512. As far as the long-term holdings are concerned, there is nothing much happening inside the market. In the last 24 hours itself, the BTC/USD pair continued to trend sideways within
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P2P Network to Stop Private Data Breaches and Censorship Via New Protocol, DApp Platform
A peer-to-peer network says it wants to stop users from being obstructed and spied upon. They are creating the infrastructure and protocols for DApps where the personal data could be under the full control of the user #SPONSORED -
DSTOQ Launches MVP of Decentralized Stock Exchange for Security Tokens
DSTOQ, a licensed, decentralized stock exchange for trading security tokens, has come out of stealth mode and launched its minimum viable product (MVP), the company said on Monday. The first version of the DSTOQ platform, which allows users to invest in real-world assets including equity, bonds and gold using cryptocurrency, runs on the Stellar blockchain […]
The post DSTOQ Launches MVP of Decentralized Stock Exchange for Security Tokens appeared first on Coinjournal. -
Vietnam: Crypto Mining Firm CEO Allegedly Flees With $35 Mln in Investor, Company Funds
The CEO of a Vietnamese cryptocurrency mining outfit has allegedly stolen $35 million from investors -
HyperQuant Platform Development Update
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. We are offering a review of a very interesting project today. Meet HyperQuant, a fintech software platform made by professional market makers and traders on NASDAQ, Artificial Intelligence
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Bitcoin Price Headed to $500,000 in Six Years: Hedge Fund Mgr.
The year is more than halfway over, but hedge fund manager Mark Yusko isn’t backing down from his prediction that the bitcoin price will reach a new all-time high in 2018, the first rumble of a moonshot that will see the flagship cryptocurrency crack the six-figure threshold in less than a decade. Writing on Twitter,
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CEO of Vietnamese Cryptocurrency Mining Firm Disappears with $35 million
Investors were invited to come and pick up their mining devices only to find company premises vacated. -
CEO of Vietnamese Cryptocurrency Mining Firm Absconds with $35 million
Investors were invited to come and pick up their mining devices only to find company premises vacated. -
Refereum’s RFR Token Lists on Bittrex, Upbit and Bibox Ahead of Community Growth Engine Launch
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Litecoin Founder Charlie Lee Confirms LTC Support for HTC Blockchain Phone
HTC Corporation has announced that Litecoin co-founder, Charlie Lee, will serve as an advisor to HTC Exodus, the native blockchain smartphone developed by the Taiwanese consumer electronics firm. One small step for @SatoshiLite. One giant leap for blockchain. Team @HTCExodus, @philchen913 @htc are honored to have Charlie Lee to join as our advisor. cc @litecoin
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Dubai Plans to 'Disrupt' Its Own Legal System with Blockchain
Dubai is planning to develop what it calls a "Court of the Blockchain" as part of a wider push for smart government operations. -
Kim Kardashian West Raises Stakes With Bitcoin in Charity Poker Night Out
Kim Kardashian West has posted an Instagram story to her 114 mln followers in which she appears to stake physical Bitcoin at a charity poker game in LA -
Indian State Embraces Blockchain Technology to Mitigate Fraud in Government
The Indian state of Telangana looks primed as a blockchain technology forerunner in the subcontinent. On July 26, 2018, state officials signed MoUs with various blockchain startups and consultants to augment the use of the burgeoning technology in administrative services. Bringing Transparency to State Administration As reported by Business Standard, Telangana’s I.T. and Industries head
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Exclusive: Asset Tokenization Platform DSTOQ Gets €1.7M in Funding, Launches MVP
The platform has also obtained a stock exchange license. -
Draper Dragon Backs $20 Million Raise for Alibaba Vets' Blockchain Startup
A public blockchain project founded by former members of Alibaba's blockchain arm has raised over $20 million in a combined token and equity sale. -
Commonwealth Bank of Australia Ships 17 Tons of Almonds to Europe With Blockchain
A new partnership sees the Commonwealth Bank of Australia send 17 tons of almonds to Europe with blockchain -
EtcGame Refreshed: Only Three Steps to Make Great Profits
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Singapore FinTech Enables Instant Blockchain Remittance for Myanmar Migrant Workers in Thailand
Everex, a Singapore-based financial technology firm, has partnered with Myanmar’s Shwe Bank to introduce blockchain-Powered remittance Services between Myanmar and Thailand. The blockchain firm claims that the partnership will enable millions of Myanmar migrant workers living in Thailand to send money home instantly and securely at much lower transaction costs than traditional remittance methods. Blockchain
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Bitcoin's Price Needs Move Above $8,350 to Regain Bull Bias
Bitcoin bulls could make a strong comeback if prices find acceptance above the key resistance at $8,300. -
A Blueprint for Reforming the Crypto Token Market
The Token Alliance, a Chamber of Digital Commerce initiative, has laid out guidelines for how token sponsors and regulators can meet in the middle. -
Gibraltar Football Team to Pay Players in Cryptocurrency
Gibraltar United has partnered with a company called Quantocoin. -
How Olaf Carlson Wee’s Fund Transformed $4 Million to $1 Billion in Crypto
via newsbtc.comWhile you may not have heard of him, Olaf Carlson-Wee has joined the ranks as one of the foremost crypto entrepreneurs, managing a $1 billion crypto-centric investment fund.
From Lumberjack To “Crypto OG”
Olaf Carlson-Wee’s passion for cryptocurrencies started at a young age, as the now 28-year-old wrote his college thesis on Bitcoin. While his professors were skeptical of this seemingly outlandish decision, his admiration for the technology behind the crypto asset remaine
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