2016 August

OKCoin’s Jack Liu: Bitcoin Still Safe Following Bitfinex Hack

Jack Liu, chief strategy officer at OKCoin, the largest bitcoin exchange, assured customers that bitcoin is still a sound currency, despite the recent hack at Bitfinex. OKCoin keeps 95% of its deposits offline, according to Nikkei Asian Review. The theft of the 119,756 bitcoins from Bitfinex marks the second-largest security breach on a cryptocurrency exchange […]

Bitfinex’s Founder Seemingly Tried to Start a Ponzi Scheme

Raphael Nicolle, the elusive founder and CEO of Bitfinex, “invested” in a number of Ponzi schemes in 2012 and loudly supported Trendon Shavers who was recently sentenced to 18 months in prison for running a “classic Ponzi scheme.” We can further reveal that Raphael Nicolle, who, in 2012, claimed to be a 26-year-old living in […]

Bitfinex Alerts Users of Phishing Emails

Bitfinex has alerted of phishing emails being circulated from an address that is made to appear to be one of its email addresses. The distressed company notes in a blog post on its website that the email is not from any @bitfinex.com address but from @ibitfinex.com, stressing the additional i. Bitfinex states: We like to stress this […]

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Bitcoin & Altcoin Trading Talk 34

Join The Rational Investor, Alex Sterk and the Coinigy team as they discuss this crazy crypto world! ETC or ETH? Bulls, bears, and technical analysis on community-voted altcoins and Bitcoin. Don’t miss it!

Smart Contracts Alliance Aims to Help “Change the Landscape of Modern Business”

The Chamber of Digital Commerce, a trade association dedicated to promoting the understanding, acceptance and use of digital assets and blockchain technology, has announced the launch of the Smart Contracts Alliance (SCA), an industry initiative to promote the real-world application of smart contracts, educate and enhance the understanding and adoption of smart contracts, provide a […]

E.U. Representatives Clarify the Proposed Anti-Money Laundering Directive

Last month, the European Commission published a draft directive proposing to extend anti-money laundering (AML) regulation to both virtual currency exchange services and custodial wallet providers. The draft suggests that many Bitcoin companies operating within the European Union will need to apply know-your-customer (KYC) types of checks on their users, to be enforced by 2017. Phrasing […]