Tech Bureau, operator of Japanese cryptocurrency exchange Zaif, is yet to reveal a compensation strategy for customers who suffered losses from an infamous $60 million theft three weeks ago.
Osaka-based Tech Bureau has already halted new user registrations to focus on reimbursing customers who collectively lost ¥4.5 billion ($40 million) from the ¥6.7 billion ($60 million) theft of bitcoin, bitcoin cash and monacoin from Zaif’s custody. After initially suggesting it would reveal its framework to repay victims by September’s end, the operator stressed it required more time to finalize its compensation plan, as reported by the Nikkei Asian Review.
Osaka-based Tech Bureau has already halted new user registrations to focus on reimbursing customers who collectively lost ¥4.5 billion ($40 million) from the ¥6.7 billion ($60 million) theft of bitcoin, bitcoin cash and monacoin from Zaif’s custody. After initially suggesting it would reveal its framework to repay victims by September’s end, the operator stressed it required more time to finalize its compensation plan, as reported by the Nikkei Asian Review.
London Cryptocurrency Exchange Coinfloor Announces Layoffs amid Prolonged Bear Market
Forwarded from Binance Announcements
Binance Will Delist BCN, CHAT, ICN, TRIG
https://support.binance.com/hc/en-us/articles/360017720731
https://support.binance.com/hc/en-us/articles/360017720731
Crypto Exchange OKEx Delists Over 30 Trading Pairs for Weak Volume
Crypto Exchanges are Raking in Billions in Revenue Despite Market Struggles
Coinbase, the largest fiat-to-crypto exchange in the global market, is set to bring in over $1.3 billion in yearly revenue by the end of 2018.
Coinbase, the largest fiat-to-crypto exchange in the global market, is set to bring in over $1.3 billion in yearly revenue by the end of 2018.
Brazil’s Tax Regulator Wants to Snoop on Cryptocurrency Businesses
Brazil’s Department of Federal Revenue (RFB) has recently revealed it’s looking to monitor the activities of businesses dealing with cryptocurrency, a move it claims will help it prevent tax evasion and money laundering.
Brazil’s Department of Federal Revenue (RFB) has recently revealed it’s looking to monitor the activities of businesses dealing with cryptocurrency, a move it claims will help it prevent tax evasion and money laundering.
Bitcoin Cash Continues to Skyrocket 15% to $535, Volume Quintuples
Crypto project Dash has announced the launch of Dash Text, an SMS-based cryptocurrency transaction service for Venezuelan users, as it builds on its already strong presence in the crypto dependent country. In an announcement released this week, the company said that Dash Text eliminates the need for Venezuelan users to possess smartphones and internet access to carry out crypto transactions, which has historically been a significant barrier to adoption in the impoverished country suffering from hyperinflation.
Cryptojacking Attack Forces Canadian University to Shut Down Entire Network
Billionaire Eric Schmidt, the former chairman of Google, is a budding bitcoin and blockchain enthusiast who said Ethereum could be a “powerful platform” whose untapped potential is off-the-charts.
Nearly 1% of the Total Ethereum Supply is Locked in the MakerDAO Smart Contract
Crypto Exchange OKCoin Expands to Latin America & Opens Fiat Market
Crypto Startups More Valuable Than Blockchains — Can the Trend Change?
Fortnite V-Bucks & Crypto are Replacing Gift Cards on Christmas Wish Lists
Binance Invests $3 Million in US Crypto Trading Desk.
Big news came from Binance this week, as their venture wing announced a significant investment in US over-the-counter (OTC) crypto trading desk Koi Trading.
Big news came from Binance this week, as their venture wing announced a significant investment in US over-the-counter (OTC) crypto trading desk Koi Trading.
Norway Removes Tax Breaks for Bitcoin Mining, A ‘Disaster’ Says Bitcoin Company
‘Alt-Right Twitter’ Gab Moves to Bitcoin Payments Due to Banking Blacklist
Bitcoin Price Stabilizes above $3,500 as CME Futures Expiry Approach