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KuCoin cryptocurrency exchange has recovered the majority of funds lost in a $280 million hacking incident in September, a senior executive has said.Johnny Lyu, co-founder and CEO of KuCoin, announced on Nov. 11 that the exchange has now recovered 84% of stolen assets. Lyu said that the recovery process involved
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U.S. federal prosecutors are seeking a substantial prison sentence for Robert Farkas, one of the co-founders of crypto project Centra Tech, which garnered multiple celebrity endorsements for its initial coin offering (ICO) in 2017. Farkas later pleaded guilty to fraud. In a sentencing submission filed with the U.S. District Court for
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Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm. In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder and former treasurer Joseph Page hid the fact that patents he transferred to the company had expired. The
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CoinList co-founder Andy Bromberg is leaving the token offering platform to helm Eco, a cryptocurrency built to marry savings and spending.“I feel like the past eight years I have been searching nonstop for the thing that’s going to onboard the world to crypto,” Bromberg told CryptoX in a phone call.CoinList
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Beller, 27, will become a general partner at NFX. She'd worked at a16z before joining Facebook. Source
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In a new twist in Bitmain’s ongoing power struggle, co-founder Jihan Wu has regained the legal representative status of the bitcoin miner maker giant. China’s business registration record update on Sept. 14 shows Wu has again become the legal representative and executive director of Beijing Bitmain Technology, the operating entity of
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DeFi lending protocol bZx suffered another attack last night, the second in seven months. This time, faulty code was
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Square is pushing back against crypto patent hogs, Binance is doubling down on DeFi and what’s the story with crypto’s latest attempt at a backdoor public listing. Top shelfPatent posseSquare, the bitcoin-friendly payments company, is building an “alliance” to pool crypto patents and preserve the industry’s open-source spirit. The non-profit Cryptocurrency Open Patent
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Within a week of going online, DeFi project SushiSwap’s total value locked (TVL) surpassed $1.5 billion. At its peak, it made up almost 70% of liquidity on the decentralized exchange Uniswap. SushiSwap only took seven days to launch. This article was originally published by CryptoX China on Tuesday. SushiSwap co-founder 0xMaki (later
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The Ethereum-based decentralized finance coin SUSHI has surged over 15% in the past 24 hours after a brutal
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