As the Cryptopia liquidation saga continues, new questions emerge about how safe popular exchanges really are. As the cryptocurrency market finds its legs in mid-2019, an unfortunate undercurrent persists vis-à-vis the floundering New Zealand exchange Cryptopia. Its one-time international popularity and solid reputation have already been ruined after the exchange dragged its feet on revealing […]
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Grant Thornton confirmed it was targeting databases in Arizona as part of its efforts to reconcile user holdings. Liquidators of defunct New Zealand cryptocurrency exchange Cryptopia have applied to secure user data stored in the United States as part of refund proceedings, a statement confirmed on May 27. Cryptopia, which suffered a hack in January, […]
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Opposition politicians in Luxembourg have sought details regarding the current government’s e-government plan that involves blockchain tech and AI. Opposition party members in the Luxembourg parliament are demanding specifics from the prime minister on a proposed e-government plan, according to a report by the Luxembourg Times on May 24. The plan reportedly centers on the […]
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The science and tech ministry of the South Korean government is going to run a study on blockchain regulations, looking at improvements needed for broader adoption. The South Korean Ministry of Science and ICT is going to run a follow-up study on blockchain regulations, according to a Yonhap News report on May 21. The study is […]
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Cryptopia liquidation provides food for thought for potentially unsafe exchanges and their users. It goes without saying that exchanges command significant influence over the cryptocurrency market, being the exclusive portals for fiat into the world of blockchain. Exchanges are also the most significant winners of the cryptocurrency craze, and bank billions by raking in fees and […]
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The New Zealand-based blockchain collective BlockchainNZ will request that the government form a national blockchain strategy. New Zealand-based blockchain industry group BlockchainNZ announced that it will request a national blockchain strategy from the government next Thursday, according to a press release on May 21. The executive director of Blockchain NZ, Mark Pascall, will give a […]
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A portion of the ether stolen from hacked New Zealand-based cryptocurrency exchange has been moved. A portion of the ether (ETH) stolen from hacked New Zealand-based cryptocurrency exchange Cryptopia has been moved and deposited to a different crypto exchange, according to an analysis. Crypto Anti-Money Laundering startup Coinfirm tweeted about their findings on May 20. […]
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Bitstamp processed a very large sell order, while Bakkt’s bitcoin futures should be tested in July. Top Stories This Week 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, leading coins, predictions, and much more — […]
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Cryptocurrency project OneCoin is reportedly denying claims that it is a “hybrid ponzi-pyramid scheme” and scam. Cryptocurrency project OneCoin is denying claims that it is a “hybrid ponzi-pyramid scheme” and scam, news outlet Samoa Observer reported on May 14. OneCoin is purportedly a cryptocurrency Ponzi scheme project, that raised hundreds of millions of dollars worldwide […]
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Hacked New Zealand-based cryptocurrency exchange Cryptopia has gone into liquidation and suspended trading services. Hacked New Zealand-based cryptocurrency exchange Cryptopia has appointed David Ruscoe and Russell Moore from consultancy and audit firm network Grant Thornton New Zealand as liquidators. The news was revealed in an official Grant Thornthon announcement on May 15. Grant Thornton New […]
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