In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds. Author: Daniel Palmer
Archives for December 2018
Court Win for Bithumb Exchange in Case of Crypto Investor’s $355K Hack
A South Korean court has ruled in favor of the Bithumb cryptocurrency exchange after a user sued the firm over a $355,000 hack. Author: Daniel Palmer
GMO Quits Selling Mining Machines After Crypto Market Downturn
Japanese IT giant GMO Internet plans to stop making and selling crypto mining machines, only months after launching its B3 miner. Author: Yogita Khatri
Layoffs Underway Amid ‘Adjustments,’ Bitcoin Miner Bitmain Confirms
Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices, the company confirmed Tuesday. “There has been some adjustment to our staff this year as we continue to build a long-term, […]
Nevermind the Bears: 2018 Was the Rude Awakening Crypto Needed
Sure, it was a tough year for crypto. But emerging from that year companies and projects are stronger and growing faster than ever. Author: Han Yoon
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