Troubled Canadian crypto exchange QuadrigaCX owes its customers $190 million and cannot access most of the funds, according to a court filing obtained by CoinDesk. In a sworn affidavit filed Jan. 31 with the Nova Scotia Supreme Court, Jennifer Robertson, identified as the widow of QuadrigaCX founder Gerald Cotten, said the exchange owes its customers roughly
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Hunter Hillman is the head of growth at Connext. Steven McKie is a co-founder of Amentum Capital. Eric Olszewski is an ethereum developer. Over the past few months, we have noticed a significant number of articles proclaiming the imminent failure and collapse of the ethereum platform due to its inability to scale and its overall
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Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. ————————– We need to get serious about vocabulary. The crypto sector has earned a well-deserved
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A new Ethereum token called “Wrapped Bitcoin” just launched Thursday. How Wrapped Bitcoin Works [embedded content] The purpose of the new cryptocurrency is to enable Bitcoin users to “participate in Ethereum smart contracts natively on the Ethereum blockchain.” Last October Bitcoin custody company BitGo announced a partnership with Kyber Network and Republic Protocol to launch
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Intitutional interest in bitcoin soared in Q4 of 2018, particularly for short-selling, Genesis Trading revealed in their latest report. Q4 Bitcoin Loan Demand Increased Over 100% Genesis Capital, an affiliate of Genesis Trading, offers institutions access to the ability to borrow bitcoin 00 and other digital currencies in “large sizes” over fixed terms. In other
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One of Canada’s top crypto exchanges, Coinsquare, is reportedly laying off almost 30 percent off its staff, including its chief financial officer (CFO) and chief operating officer (COO). The news was reported by Canadian startup and technology news platform BetaKit on Jan. 31. Coinsquare did not return Cointelegraph’s request for comment or confirmation by press
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