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Coinbase Defends Against BCH Lawsuit From Users, Case Ongoing

After 1.5 years of investigation, Coinbase is found guilty not of fraud but of negligence. But the case is not completely over just yet... Cryptocurrency exchange Coinbase, launched in 2012, is considered to be one of the largest exchanges operating in the United States — and the most trusted. However, an alleged wrongdoing back in December 2017, caused a long court procedure, the outcome of which is still vague and uncertain. It’s all fun and games until a hard forkOn March 1, 2018, an Arizona citizen and trader named Jeffrey Berk filed a lawsuit in the Northern District Court of California on behalf of exchange users who found themselves in a similar situation, accusing Coinbase of sharing misleading information and — most importantly — insider trading, both of which allegedly resulted in mass losses of funds. It started when the Bitcoin community was about to split the chain. At the end of July 2017, right before the hard fork, Coinbase declared that it would not support the new ..

Hodler’s Digest, November 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization,...

The central bank is China comes out against crypto air drops, while a flood of fake Elon Musks take Twitter promising crypto giveaways. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This WeekElon Musk Impersonators Flood Twitter With Fake Crypto Giveaways Although impersonators on Twitter pretending to be famous celebrities offering crypto giveaways are many, this week saw an influx of these crypto pretenders posing as Tesla CEO Elon Musk. After compromising verified accounts with the blue check mark, scammers would change the name and picture to appear to be Musk, asking in comment threads for people to send them small amounts of crypto in exchange for more crypto sent back in a fake “giveaway.” According to news reports, one fake Musk account received ..

trade.io Successfully Defends Against Breach of Cold Storage Wallet and Protects...

Advertisement This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Blockchain technology is big news these days. With so many new startups and platforms developing products and services they claim will change the world, and millions of dollars of development funds thrown into the mix, unsurprisingly, some operations will fall victim to a cyber attack of one kind or another. A cast-iron, 100% guarantee of total protection is likely far off in the distant future, however it pays to be as prepared as possible, with the strongest defenses possible in place to ward off an attack. A recent incident involving trade.io surely demonstrates this. What is trade.io? trade.io is a customizable, blockchain-based, next-generation financial platform that claims to offer users the pinnacle in security and transparency. trade.io boasts decades of expertise in such fields as investmen..
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