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Tag Archives: Million

Altcoins Clip Bitcoin Dominace as ADA Adds $300 Million

Today’s focus is on the price of Cardano, which appears to be bottoming out. Like developments in Tron and Litecoin, it’s clear that there is a rejection of lower lows and behind these rejections are high volumes moving prices across wide ranges. If Cardano edge higher, then odds are Litecoin, Stellar Lumens, IOTA and Tron would follow suit benefiting buyers. ...

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Consortium of Swiss Investors Launch Blockchain Incubator with $100 Million Goal

Switzerland-based consortium Crypto Valley Venture Capital (CV VC) has launched a blockchain incubator with a $100 million goal, swissinfo.ch reported September 20. CV VC has reportedly launched its initial incubator dubbed “Genesis Hub” in the canton of Zug, also known as Switzerland’s Crypto Valley. The Crypto Valley Association was founded as a government-backed consortium in March 2017, with the aim ...

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Japan Cryptocurrency Theft Cases Tripled in H1 2018, $530 Million Stolen: Police

Barely before the ink had dried on the news that Japanese cryptocurrency exchange Zaif had been hacked and slightly less than US$60 million stolen, the National Police Agency (NPA) of Japan has released a report highlighting the vulnerability of Japan’s crypto space. According to the NPA, the number of incidents involving the theft of funds from cryptocurrency exchanges and individual ...

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Licensed Crypto Exchange Zaif Plans Compensation after 6,000 Bitcoins, $60 Million Crypto Theft

In the second major hack of a Japanese cryptocurrency exchange this year, some 6.7 billion yen ($60 million) in cryptocurrencies were stolen from the wallets of Zaif of which 4.5 billion yen ($40 million) belonged to customers. Tech Bureau, operator of cryptocurrency exchange Zaif, confirmed the hack occurred between 1700 and 1900 local time on September 14 wherein attackers managed ...

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Credits Showcases over a Million Transactions per Second Unreachable for Any Other Blockchain Platform

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. On September 14, Credits performed a capacity test of its blockchain platform in a real life environment using thirty two geographically distributed nodes and broadcasted it live on Youtube. The test showed that the ...

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Japanese Cryptocurrency Exchange Zaif Hacked, $58 Million in Losses

Japanese cryptocurrency exchange Zaif was the victim of a major hack last week, local media sources have reported and the company has now confirmed. The hack, which occurred on Sept. 14 but was not discovered until Sept. 17, saw the hacker steal various amounts of bitcoin, bitcoin cash, and monacoin from the exchange’s hot wallet, collectively worth 6.7 billion yen ...

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Japanese Cryptocurrency Exchange Hacked, $59 Million in Losses Reported

Hackers have reportedly stolen $59 million worth of cryptocurrencies from Japanese cryptocurrency exchange Zaif, Cointelegraph Japan reports September 19. According to a local report, as a result of a security breach on September 14, hackers managed to steal 4.5 billion yen from users hot wallets, as well as 2.2 billion yen from the assets of the company, with total losses ...

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