KuCoin Cryptocurrency Exchange Raises $20 Million in Series A Round | BTCMANAGER

KuCoin recently raised $20 million in funding in a Series A round led by Venture Capital Firms and included IDG Capital, Matrix Partners, and NEO Global Capital. According to the Straits Times’ article published on November 15, 2018, the cryptocurrency exchange is excited to leverage the newly raised capital and […]

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$30,000 fee for $1 Million Withdrawal? Crypto traders Outraged over Exorbitant fee charges from Bitfinex and Coinbase

From time to time, exchanges undergo several upgrades ranging from new innovative features to system maintenance and withdrawal fee changes. Bitfinex, the world’s 12th largest exchange according to data from coinmarketcap, has updated its payment structure, but users are not in agreement with the new changes made. When famous cryptocurrency […]

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Stellar’s $125 million XLM air-drop explained by Blockchain’s Chief Legal Officer

Marco Santori, Blockchain’s Chief Legal Officer and a fintech advisor to the IMF, gave his insight on the recent XLM air-drop, which is the “largest air-drop/giveaway in history” of cryptocurrencies. According to the company’s official website, the first air-drop is scheduled to happen this week. The company intends to give […]

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Bitcoin [BTC] worth $5.84 million stolen from MapleChange; Binance CEO gives his insight

MapleChange, a Canada-based cryptocurrency exchange, recently announced that their platform was hacked. The exchange platform took to their Twitter handle to provide clarity on the situation, stating that they could not refund the stolen cryptocurrencies. According to their official post, a bug on the platform enabled a group of hackers […]

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United States Marshals Service to Auction Bitcoins Worth $4.3 Million | BTCMANAGER

The United States Marshals Service (USMS) is set to auction bitcoins worth $4.3 million next month. The government agency outlined that it plans to sell bitcoin seized during a wide range of criminal cases. 660 Bitcoins to Go for Auction The USMS announced that it would put 660 bitcoin up […]

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$152 Million Cryptocurrency Lawsuit Involving Augur Settled Outside of Court | BTCMANAGER

A lawsuit claiming damages of $152 million involving Augur, a cryptocurrency betting platform for predicting real-world events, has been reportedly settled off-court. As for now, San Francisco county court records show the case as dismissed. The Build-up to the Settlement The private lawsuit was filed in April 2018 by Matthew […]

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