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Cryptopia Resumes Trading with 15% Bitcoin Haircut, Months after $16 Million Hack

Cryptocurrency exchange Cryptopia resumed trading on 40 trade pairs three months after it endured a multi-million dollars theft.The New Zealand firm took to its Twitter profile to update that it was beginning to list pairs that it “quantified as secure.” The exchange further confirmed that it would periodically place more coins

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Clients Take Crypto Fund Manager to Court, Cite $14.2 Million in Losses

The founder of what reportedly claims to be Australia’s first online mattress retailer OzMattress and cryptocurrency fund manager Stefanos Papanastasiou is about to be brought to court by his clients over the loss of over AUD$20 million ($14.2 million). Daily Australian newspaper The Age reported about the controversy on

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Crypto Exchange Cryptopia Reveals Customer ‘Rebate’ Plan after $16 Million Theft

Crypto Exchange Cryptopia Reveals Customer ‘Rebate’ Plan after $16 Million TheftNew Zealand-based cryptocurrency exchange Cryptopia isn't open for trading just yet, but the exchange has announced a reimbursement plan for customers. | Source: ShutterstockMore than a fortnight since Cryptopia hinted at reimbursing users affected by a security breach that occurred

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Cross-Platform Blockchain Project Cosmos Launches First Hub After $17 Million ICO

Blockchain platform Cosmos, which is set to work as a mediator between different blockchains, has officially launched the first hub of its ecosystem on Wednesday, Mar. 13. The Cosmos initial coin offering (ICO), held in April 2017, raised a little more than $17 million.The Cosmos Network, which describes itself

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Ripple Bets Big on Blockchain Gaming with $100 Million Fund via Xpring

According to a press release this morning, Ripple’s Xpring developer initiative and Forte, a blockchain gaming company, have teamed up to create a $100 million fund for game development.Forte provides tools for blockchain integration to game developers. Xpring works to advance the XRP ecosystem through developer funding and development of

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Forte And Xpring create $100 Million Fund To stimulate Mainstream Use Of Blockchain In Games

“Blockchain technologies’ key innovations unlock vast potential for nearly all forms of digital interaction. Gaming is a $140 billion global industry driven predominantly by digital micro-transaction economies, which we believe will benefit immensely from the integrity and resilience of blockchain technology,” said Brett Seyler, Chief Platform Officer, Forte. “The industry needs solutions that

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Startup Finturi Raises $2.2 Million for Its Blockchain-Based Invoice Finance Platform

Dutch blockchain startup Finturi has secured 2 million euro ($2.2 million) to enable businesses to secure loans against invoices via blockchain tech, the company tweeted on March 12.Founded in September 2018, Finturi aims to help businesses finance invoices by linking them with financiers to borrow money against invoices, using

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South Korean Kakao Corp’s Ground X Plans to Extend ICO After Raising $90 Million

The crypto unit of South Korea’s largest internet conglomerate Kakao Corp will repeat its initial coin offering (ICO) after netting $90 million from investors, Bloomberg reported on Mar. 11.Klaytn, the blockchain platform which is the responsibility of spin-off firm Ground X, will now seek to raise another $90 million

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UN Panel Says North Korea Obtained $670 Million in Crypto and Fiat via Hacking: Report

North Korea has reportedly amassed $670 million in fiat and cryptocurrencies by conducting hacking attacks, Asia-focused financial newspaper Nikkei Asian Review reports on Friday, March 8. The publication cites a U.N. Security Council report.The report, prepared by a panel of experts, was presented to the Security Council's North Korea

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