Crypto News

Bitcoin Mining Firm Bitmain Confirms Board Shakeup, Denies Jihan Wu is Out as Chair

Advertisement Twitter Facebook LinkedIn Major China-based bitcoin mining firm Bitmain has confirmed a report that its board of directors has undergone a shakeup but has sought to downplay that impact of these changes ahead of the company’s looming initial public offering (IPO). In an emailed statement, Nishant Sharma, Bitmain’s international marketing manager, confirmed to CCN […]

Crypto News

Buterin Denies Report, Isn’t Stepping Back From Ethereum Development

Advertisement Twitter Facebook LinkedIn Vitalik Buterin, the co-creator of Ethereum, has denied reports that he is stepping back from Ethereum development. On November 1, MIT Technology Review released an article entitled “Ethereum founder Vitalik Buterin says his creation can’t succeed unless he takes a step back,” which claimed that Ethereum cannot succeed and achieve true […]

Bitcoin

Bitfinex Attempts To Prove Solvency, Denies Exposure To Noble Bank Woes

Cryptocurrency exchange Bitfinex denied what it called “rumors” and “allegations” about its alleged insolvency on October 7, revealing cold wallet balances in an attempt to prove its financial stability. ‘Bitfinex Is Not Insolvent’ In a blog post, executives hit back at “watchful ‘investigators’” who it says were “eagerly anticipating and predicting the industry’s collapse.” “Bitfinex […]

Crypto News

Fake News? Cryptocurrency Exchange Bitfinex Denies Rumors of Insolvency

Advertisement Responding to longstanding rumors of financial struggles and outright accusations of insolvency, major cryptocurrency exchange Bitfinex has provided a glimpse into its cryptocurrency balance sheet. The exchange, which is registered in the British Virgin Islands but headquartered in Hong Kong, sought to dispel these rumors in a blog post published on Sunday, which included […]

Crypto News

Crypto Exchange Kraken Denies Security Breach and Office Closure in Halifax, Canada

Advertisement Kraken exchange has been forced to comment on a persisting rumor that a Halifax, Canada office of the crypto exchange was shut down following a security breach resulting in the loss of hundreds of jobs. A post on Reddit made by ‘throwaway34032324’ yesterday states: “Kraken Currency exchange in Halifax unit 102 at 60 Highfield […]

Crypto News

Crypto Daily News: Barclays Denies Cryptocurrency Projects and Ethereum Classic (ETC) Launching on Coinbase Pro

In today’s edition of Crypto Daily News, we’ll cover Barclays’ denial of any form of cryptocurrency projects, the number of Bitcoin (BTC) ATMs currently distributed around the world, and Ethereum Classic’s status on Coinbase Pro. Crypto Daily News: August 7th, 2018 Barclays’ Crypto Denial Large UK-based bank Barclays has just denied that it is working […]