North Korea’s $2 Billion Crypto Exchange Thefts Funds Kim’s Nukes: UN Report

A confidential United Nations report has revealed that North Korea raked in approximately $2 billion by hacking cryptocurrency exchanges as well as mainstream financial institutions, according to Reuters. The hermit kingdom has subsequently channeled the stolen funds to its nuclear and missile program. The report that was prepared for the North Korea sanctions committee of…

Continue Reading



Venezuela Bitcoin Trading Hits All-Time High Amid Insane 1,000,000% Inflation Projection

The number of Venezuelan Bolivars that were exchanged for Bitcoin last week hit a new all-time high as the International Monetary Fund (IMF) projected that Venezuela will experience the world’s highest inflation rate in 2019. During the week that ended on August 3, the number of Venezuelan Bolivars that were exchanged for Bitcoin rose to…

Continue Reading



Binance CEO Swats ‘Stupid’ Bitcoin SV Craig Wright’s Shocking Slavery and Prostitution Claims

By CCN: Self-proclaimed Satoshi Nakamoto, Craig Wright, just took his ongoing Bitcoin takeover gambit to the next level. Speaking at a CoinGeek conference in Toronto, Wright claimed that money from major cryptocurrency institutions like Binance, Bitfinex and Tether was being used to fund slavery and prostitution. Despite the severity of the claims, Binance CEO Changpeng…

Continue Reading



Hong Kong’s Bumbling Bitcoin Exchange CoinBene Annoys German Regulator

By CCN: CoinBene, who denied being hacked earlier this year, is not registered to do business in Germany. German regulators want you to know that. Bitcoin Exchange Coinbene Swears it Wasn’t Hacked: Traders Fear the Worst https://t.co/lxvz06DxGZ — CCN.com (@CCNMarkets) March 28, 2019 Regulated exchanges, still not the norm in cryptoland, go the extra mile…

Continue Reading



Binance Suffers Crippling Lag, Angry Crypto Traders Lose Thousands

By CCN: Binance users experienced extreme lag this morning, specifically with trade settlement and balance syncing. CEO Changpeng Zhao confirmed the issue on Twitter and promised the crypto exchange was working on it. Bitcoin Traders Scream Bloody Murder as Binance Succumbs to Lag Consequently, several crypto traders got stuck in trades they would otherwise have…

Continue Reading



Shell-Shocked HitBTC Users Shout ‘Fraud’ in Response to Severe KYC

By CCN: HitBTC users are being asked to provide excessive detail about the derivation of their funds, according to multiple sources. Even Bitcoin developer Luke-Jr was forced to undergo KYC in order to withdraw funds. The famous small-blocker reportedly had chosen the exchange for its perceived lack of know-your-customer compliance. High-Profile Users Get Their Issues…

Continue Reading