Cryptopia Hacked, Bitmex Ban, Altcoins Insecure

YOUR DAILY SESSION FOR JANUARY 15 2019

Bitmex users banned:

Canadians from Quebec doing any bitmex trading are starting to find themselves banned, and may need to join their USA counterparts in using a VPN if they want to continue live trading.

https://www.theblockcrypto.com/2019/01/14/one-of-the-largest-crypto-exchanges-is-shutting-down-u-s-and-canadian-accounts-at-a-clip-says-report/

 

More trouble for Bitmain:

Bitmain is in trouble again with the shutdown of Amsterdam offices and a planned Texas mining farm. This after layoffs and news that Jihan Wu will be stepping down as CEO.

https://www.ccn.com/more-layoffs-bitcoin-mining-giant-bitmain-makes-cuts-in-amsterdam-texas/

 

Cryptopia Hacked:

If you want a tutorial on how to lose funds, keep them on exchanges! Another hack seems to have resulted in the loss of millions for the New Zealand crypto exchange Cryptopia.

https://www.coindesk.com/new-zealand-crypto-exchange-cryptopia-goes-offline-citing-major-hack

 

Insecure Altcoins:

There have been a number of 51% attacks recently, and Kyle Torpey explains how insecure many of these blockchain alternatives to Bitcoin can be exploited at very low cost.

https://www.forbes.com/sites/ktorpey/2019/01/14/many-of-bitcoins-competitors-are-laughably-insecure/amp/?__twitter_impression=true

https://www.crypto51.app/

 

Quadriga CEO Passing:

https://www.quadrigacx.com/gerald-cotten

Share This Post:

Related Posts

Contact Us

Questions? Comments? Call us today at or fill out the form below: