Hodler’s Digest, July 15–21: Libra Special! Top Stories, Price Movements, Quotes and FUDs of the Week

U.S. politicians tell a Facebook exec that Libra endangers Americans more than 9/11, BitMEX lands in hot water and Vitalik Buterin reveals his big idea for Ethereum. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, […]

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Bitpoint Hack Shows That Regulators’ Scrutiny Does Not Equal Safety

Bitpoint incident continues the streak of hacks targeting Japan-based exchanges. On July 12, 2019, Tokyo-headquartered cryptocurrency exchange Bitpoint promptly suspended its services after noticing an error in the outgoing funds transfer system. Soon, an official announcement followed, revealing that the trading platform had lost around 3.5 billion yen (roughly $32 million) as a result of […]

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Co-Founder of Now-Defunct BitFunder Gets 14 Months Imprisonment

The co-founder of defunct Bitcoin exchange BitFunder has received 14 months imprisonment in connection with federal charges of obstruction of justice and securities fraud. The operator of now-defunct Bitcoin (BTC) exchange BitFunder, Jon Montroll, has received a 14 months prison sentence following federal charges of obstruction of justice and securities fraud, finance and trading industry […]

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