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Binance, one of the world's largest cryptocurrency exchanges, said hackers withdrew 7,000 bitcoin worth about $40 million via a single transaction in a "large scale security breach," the latest in a long line of thefts in the digital currency space. The hackers used a "variety ...
John McAfee vows to unmask bitcoin pioneer Satoshi Nakamoto within days
John McAfee, the eccentric antivirus pioneer known for his brushes with the law, said he has spoken with bitcoin creator Satoshi Nakamoto and plans to reveal the person's identity shortly. The background of Nakamoto — a pseudonym that is thought to refer to a person ...
SoftBank's Masayoshi Son lost $130 million in bad bet on bitcoin, report says
SoftBank founder Masayoshi Son made a huge personal bet on bitcoin just as prices peaked, losing more than $130 million, the Wall Street Journal reported.
Thailand's navy on Monday began towing to shore the floating cabin of a fugitive U.S. citizen and his Thai girlfriend, both prominent members of the "seasteading" movement who face possible death sentences for setting up their offshore home. The cabin set on top of a ...
Solving the world's largest bitcoin heist
"Imagine someone stole everything in your store and you reported the crime to the police," says Nobuyasu Ogata, defense lawyer for Mark Karpeles. Karpeles, 33, is the former CEO of Mt. Gox, once the largest bitcoin exchange in the world. "A year later," Ogata says, ...
Bitcoin's sudden, puzzling surge propels it above $5,000, as other cryptocurrencies rally
Bitcoin climbed suddenly Tuesday to the highest level since November, leading a surge in virtual currencies and ending three months of calm in the $160 billion market. Traders struggled to pinpoint a reason for the rally, which increased the value of digital assets tracked by ...
Mark Karpeles, who headed Mt. Gox, a Japan-based bitcoin exchange that went bankrupt after a massive hack, is appealing his conviction on charges of manipulating electronic data. Karpeles' lawyer Nobuyasu Ogata said Friday his client was just trying to reduce risks for Mt. Gox users. The ...
Mark Karpeles gets a suspended term for data manipulation related to the scandalous disappearance of 850,000 bitcoins in 2014 but is found not guilty of embezzlement.
The former high-flying head of collapsed bitcoin exchange Mt. Gox will learn his fate Friday as a Tokyo court hands down its verdict on charges of faking digital data and embezzling millions of dollars. Prosecutors have called for a 10-year jail sentence for French-born Mark ...
JPMorgan Chase on Thursday unveiled a prototype for a digital coin system using blockchain, a first among major banks as disruption accelerates change in financial services. The system, called JPM Coin, which for now is only at the prototype stage and for business-to-business deals, would ...
Cryptocurrency exchange CEO dies holding only passwords that can unlock millions in customer coins
Digital-asset exchange Quadriga CX has a $200 million problem with no obvious solution — just the latest cautionary tale in the unregulated world of cryptocurrencies. The online startup can't retrieve about 190 million Canadian dollars ($145 million) in bitcoin, Litecoin, Ether and other digital tokens ...
Hit by tougher standards and falling prices, Japan's cryptocurrency players face a pivotal 2019
Japanese crypto-exchange operators unexpectedly faced major problems last year due to the unprecedented hack in late January of Tokyo-based Coincheck Inc., which lost digital tokens estimated at the time to be worth ¥58 billion and caused commotion across the industry. This has prompted the country's ...
