Jesse Powell, the CEO and founder of the popular Kraken cryptocurrency exchange, just reiterated you're the only person you can really trust in the still fledgling digital assets space. As such, it's up to you and you alone to ensure your financial security amid bouts of market volatility. Also see: Kotak Mahindra and Citi Ban Bitcoin Credit/Debit Card Buying Subscribe … [Read more...] about Kraken CEO: Keep Calm and Trade Safe, Bitcoiners
Kraken account holders breathed a sigh of relief today as the exchange appeared back online after more than two days' mysterious absence. A scheduled system upgrade intended to take two hours turned into 54 hours offline, causing users to worry the exchange had been hacked, or would not return. Also read: The ‘McAfee Trade’ Hits a Nigerian Snag With Finacoin Join … [Read more...] about Kraken Returns After Two Days Offline, but Still Battling Bugs
Kraken users have expressed frustration and anger on social media as a scheduled upgrade went from two hours to more than a day. Traders were unable to buy and sell and some are threatening legal action, after Kraken announced its team would sleep to "avoid passing out" before launching the upgrade live. Also read: Bitcoin Cash Backers to Speak at ‘Satoshi’s Vision’ … [Read more...] about Angry Kraken Users Vent as Exchange Sleeps During Upgrade
Mt. Gox creditors are beginning to ask questions about who -- if anyone -- will receive Bitcoin Cash (BCC) tokens from the defunct company's remaining holdings. Also read: More Crypto-Hype: Excuse Me, Do You Take Russian Whoppercoin Here? Karpeles: Trustee Aware but BCC Could Complicate Process According to Mt. Gox CEO Mark Karpeles, bankruptcy trustee Nobuaki Kobayashi … [Read more...] about Will Mt Gox Creditors Receive Bitcoin Cash?
Mark Karpeles, CEO of failed Bitcoin exchange Mt. Gox, is set to go on trial this week on charges of embezzlement and data manipulation. The trial begins in Tokyo on Tuesday (local time). Also read: RAC the Next Artist to Try Ethereum, Will It Work This Time? The trial will examine 32 year-old Karpeles' lifestyle in the time preceding Mt. Gox's February 2014 collapse. … [Read more...] about Mt Gox CEO Mark Karpeles About to Go on Trial in Tokyo