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6,000 Bitcoins Stolen From Japanese Exchange

Cryptocurrency exchange Zaif announced on Thursday that a recent hack has resulted in the loss of 5,966 bitcoins (BTC) and a total of $60 million USD worth of bitcoins, Bitcoin Cash (BCH) and MonaCoin (MONA). However, the size of the theft could be larger since the total number of lost BCH is still unknown. The Japan-based licensed platform said the intrusion took place last week when operators noticed suspicious withdrawals at 5 pm local time. The unusual activities led to the immediate suspension of all transactions and subsequent criminal investigation. 【重要】現在発生している仮想通貨の入出金停止に関する経緯と今後の対応について、当社のプレスリリースより詳細をご報告しておりますので、ご一読をお願いいたします。https://t.co/Foy9Me6K0v — Zaif - 暗号通貨取引所 (@zaifdotjp) September 19, 2018 The...

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How Much Does It Cost To Conduct An ICO?

Driven by a common misconception that ICOs are an inexpensive endeavor to be engaged in, a lot of founders find themselves dealing with immense bills that they have not anticipated while launching an ICO. Ivan Aleksandrov, the CEO of Memorandum Capital, an investment company focused on ICOs and investing in blockchain-based assets, dwells into real costs of ICOs and all the expenses of the preparation for private- and public-sale. My clients very often address me with questions with regard to ICOs and how much they cost, being disillusioned about all the specifics and characteristics of the entire process. The ICO...

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Coinbase Deny Allegations Of Internal Trading, But Is The Damage Already Done?

Yesterday, news came out regarding allegations made against Coinbase that suggested as much as 20% of all of the Coinbase trading volume came from internal trades, trades made by members of staff at the exchange. This called into question the integrity of the exchange’s workforce and even the integrity of the business on the whole. Many now believe that Coinbase may have been encouraging internal trading in order to benefit the company, which in turn puts the company at risk. The allegations came after the New York Attorney General’s investigation into Coinbase, and various other exchanges. Since then, the Chief...

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$60 Million Bitcoin And Bitcoin Cash Stolen In Latest Japanese Exchange Hack

Japan, the home of cryptocurrency, or is it now the home of the cryptocurrency hack? Although Japan now has some of the tightest regulations surrounding the operations of cryptocurrency exchanges, it seems these regulations haven’t been enough to stop yet another devastating hack take place, this time, seeing around $60 million stolen in Bitcoin, Bitcoin Cash and MonaCoin from Tech Bureau owned Zaif. Zaif is a cryptocurrency exchange with a trading volume just shy of $72,000,000.00. Active markets within Zaif include Bitcoin, NEM, MonaCoin, Ethereum and of course, Bitcoin Cash. Of course, by all accounts Zaif is not the biggest...

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AIZeus, Beyond The Blockchain And The Complete Solution For Mass Market Consumer Apps

Zeus, by AIZeus is the latest public blockchain build to satisfy the needs of applications with millions of users. The Zeus blockchain has been designed with mass market B2C & P2P applications in mind, which require a wealth of consumer end features. Because of this, Zeus has been made to be the complete solution for mass market consumer apps. It’s an incredible platform, built on some incredible technology, technology that you need to know about. Zeus has a competitive advantage Speed is one of the most important considerations to make when looking at blockchain technologies. Speed is an attraction, that’s...

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