Startups Burning Millions of Cryptos ChainBits

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In March, Canadian police froze the accounts of Kevin Hobbs and Lisa Cheng, whose company Vanbex raised $22 million in 2017 from the sale of the Etherparty (FUEL) token. Despite claims that FUEL would be used to create a smart contracts ecosystem, no such thing ever materialized, with court documents claiming there was no intention to ever develop this dream world. Binance CEO Changpeng Zhao has apologized for causing concern among the crypto community when he openly spoke about the possibility of a rollback for the Bitcoin blockchain following confirmation of a hack leading to the theft of USD 40 million worth of bitcoins on its platform.. The rollback had caused a sharp backlash, particularly among Bitcoin-only communities, aghast at the very concept ... Lisa Cheng, the founder of the Vanbex Group thinks that the lack of cryptocurrency fundamentals ultimately lead to unsophisticated analyzers who are responsible for bad predictions. Additionally, she has pointed out that the early Bitcoin investors still account for a large share of the market and have incentives to swing the price by publicizing forecasts, as do others who are betting long or ... That prompted CGS-CIMB analyst Cheng to briefly raise CK Asset’s stock rating between March and April to a buy from neutral, but he flipped to reduce last month after the company’s first-half ... Lisa Cheng · October 25, 2018 ... Recently, the value of the average cryptocurrency has fallen further from its peak than the average tech stock during the worst portion of the dot-com stock rebound. And while the crypto markets likely have a slow, measured recovery in their future, just like web platforms before them, current pure-financial troubles belie the fact that the core blockchain ... This classification can change is the tokens are burned. According to blockchain services firm Vanbex Group’s Lisa Cheng, a token that is burned is performing actions of a security and not a utility asset. The burning of tokens is now being equated to traditional stock buy backs, which help non-crypto companies increase their value. Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether’s TUSD. Also known as BUSD, the token is traded almost exclusively on the Binance exchange and its market cap – which roughly corresponds to the total value of dollars deposited with its issuer,... Hackers steal $40m from Binance. Binance, one of the world’s biggest digital money exchanges, had more than $40m in cryptocurrency stolen in May. Binance traced the cryptocurrency theft to a single wallet after the hackers stole the contents of the company’s Bitcoin hot wallet, taking 7,000 BTC. In addition, the cybercriminals took API keys ...

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BUY $300,000 OF DEEPBRAIN CHAIN ? Become a Cryptocurrency Millionaire DeepBrain Chain Review

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