The Cajees disappeared in April after telling investors the platform had been hacked, with bitcoin worth around $3.6 billion allegedly going missing. In June, the brothers’ attorney at the time, John Oosthuizen, said they denied the allegations of wrongdoing, and that the money was missing because of a hack. Just two days later, Oosthuizen said his firm’s relationship with the … [Read more...] about South African Police Investigate Missing Brothers’ Crypto Platform, Africrypt
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Riot Blockchain Drops After Missing Q3 Revenue, Earnings Estimates
The bitcoin miner reported a net loss in the quarter of 16 cents per share, while analysts were expecting a gain of 35 cents per share. Nov 16, 2021 at 2:11 p.m. UTCUpdated Nov 16, 2021 at 2:16 p.m. UTCA close-up of one of Riot's mining rigs (Riot Blockchain) Source link … [Read more...] about Riot Blockchain Drops After Missing Q3 Revenue, Earnings Estimates
The focus of the blockchain climate discussion is missing the point
As the nonfungible tokens craze took off at the start of the year, many climate-conscious artists vocalized their disapproval of Ethereum’s energy consumption. In May, Elon Musk then derailed Bitcoin (BTC), citing the energy consumed by Bitcoin as cause for Tesla to withdraw its plans to accept BTC as payment for its electric cars. Both of these events have provoked a surge of … [Read more...] about The focus of the blockchain climate discussion is missing the point
Crypto credit cards could be the missing link to mass adoption
Out of the many routes available to the mass adoption of cryptocurrencies, which includes decentralized finance (DeFi), layer-one protocols, nonfungible tokens and stablecoins, perhaps the simplest and most applicable path for the public at large is the ability to utilize cryptocurrency for everyday purchases with an integrated debit or credit card.2021 has seen a growing … [Read more...] about Crypto credit cards could be the missing link to mass adoption
Turkey jails 6 in probe into missing Thodex crypto exchange CEO
Turkish authorities are progressing with an investigation into local cryptocurrency exchange Thodex, which abruptly halted trading last week.On Thursday, a Turkish court jailed six suspects pending trial, including siblings of the missing CEO and senior company employees, Reuters reported.As part of a probe, Interpol reportedly issued a red notice for Thodex CEO and founder … [Read more...] about Turkey jails 6 in probe into missing Thodex crypto exchange CEO