Binance claims its users lost funds due to a phishing attack and not a hack

The typically volatile cryptocurrency market appeared quite calm in the past week, with Bitcoin slowly clawing its way back up from its February lows, when its price briefly went as far down as $6,150. But that all came to a halt in the past two days, with Bitcoin plummeting from a high of $11,673 on … read more …

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‘This is horse s—‘: Bitcoin traders are angry that Mt Gox’s crypto stash is being ‘dumped’ on the market

Mt Gox was launched in 2010 and was one of the earliest cryptocurrency exchanges. It grew to become the world's biggest exchange but filed for bankruptcy in 2014 after being hit by a $450 million hack. Its remaining funds have been placed into a trust to help pay back creditors. Bloomberg reported on … read more …

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Regulators are in a tangle over blockchain and cryptocurrencies

Regulators will not be able to resolve this impasse until they accept a fundamental problem: while blockchain and DLT can exist independently from cryptocurrencies, the reality is that they underpin most of the successful ones. So any attempt to develop policies that apply purely to “evil” cryptocurrencies … read more …

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Japan Shuts Down Two Cryptocurrency Exchanges But It May Be Good News For The Industry

Japan's Financial Services Agency (FSA) shut down two cryptocurrency exchanges today (March 8), ordering them to suspend operations for a month, as part of a crackdown following the $534 million hack of Coincheck in February. On the same day, the FSA also issued business improvement orders to … read more …

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Japan cracks down on cryptocurrency exchanges after massive hack

Japan has forced two cryptocurrency exchanges to halt trading as it cracks down on an industry that was shaken recently by a $530 million cyber heist. The country's Financial Services Agency on Thursday ordered Bitstation and FSHO to suspend their operations for at least a month. The regulator said a … read more …

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