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In his closing argument in a Tokyo court, Mark Karpeles, the former CEO of collapsed cryptocurrency exchange Mt.Gox, declared his innocence and non-involvement in the events that caused the firm to lose millions of dollars from its users and ultimately go bankrupt.
Bitmain Technology and Huobi Group have announced plans to lay off employees, reports the South China Morning Post (SCMP).
A South Korean court ruled in favor of the exchange Bithumb after one of its users' account was hacked and he sued for $355,000 in losses. This sets a dangerous precedent for all future decisions regarding lawsuits against crypto exchanges.
The community has been discussing the potential of cryptocurrencies since the technology's inception in 2009. Among financial market gurus there are both supporters and opponents of digital assets. Both sides periodically make predictions regarding the fate of Bitcoin, heating up the emotional atmosphere.
Yesterday's low market activity kept altcoin prices in a sideways range. Consolidation will continue today.
The State Duma believes that Russian programmers are behind the development of Bitcoin, and American intelligence services use it, but this is not a reason to abandon digital currencies. Industrial espionage can help Russia develop the IT industry.
On December 23, 2018, the Seoul Prosecutor's Office reported that the arrested criminals were using a darknet site to sell drugs. All accused are reportedly between 20 and 30 years old.
Oásis Supermercados, a Brazilian supermarket chain based in Rio de Janeiro, began accepting payments in cryptocurrency after the firm's employees received training from a local cryptocurrency company.
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