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EOS Ecosystem, a wallet app that attracts investors to deposit EOS with promised high returns, has reportedly shut down and possibly run away with close to $52 million, according to an April 20 report. $52M is gone and more is potentially missingThe local media’s investigation of EOS block transactions found the
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Online retailer Overstock is facing a lawsuit from shareholder John Murphy over former CEO Patrick Byrne’s abrupt departure from the company and off-loading of $90 million worth of shares.According to Law360 on March 11, Murphy is seeking records under Section 220 of Delaware General Corporation Law to examine potential
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Less than two years after bursting onto the scene, Chinese crypto exchange FCoin has shut down its operations. The platform, founded by Zhang Jian, also says it may be unable to pay the 7,000 to 13,000 Bitcoin (BTC) — about $67 million to $125 million — that is owed to
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Bethesda has opted to remove its library from the GeForce Now cloud gaming service. NVIDIA shared the news today but stopped short of providing a concrete reason. It’s not all bad news as the service secured launch day support for Cyberpunk 2077 and hit 1 million users in the
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Poloniex has introduced a new type of account that allows users to withdraw as much as $10,000 a day without completing know-your-customer ("KYC") verification. The exchange said in a blog post Thursday its new "Level 1" accounts will only require users to register with an email address and password. "Any
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Nigerian crypto wallet Satowallet has allegedly pulled off a $1 million exit scam, while the firm cites an unexplained OVH data server error that has kept user funds in limbo.Multiple versions to delay withdrawalsAfter users first reported withdrawal issues in April 2019, Satowallet has been citing different versions of
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According to an announcement made on Twitter by venture capitalist Dovey Wan on August 14, 2019, the recent dump in bitcoin price is due to a mass liquidation of 200 thousand BTC by collapsed China-based Ponzi scheme PLUS Token. The Big Scam In the last 72 hours, the price of bitcoin has
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