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In this edition of The Daily, we cover two announcements regarding fiat-to-crypto trading services. The U.S. subsidiary of Huobi has introduced pairs between three cryptocurrencies and the U.S. dollar and peer-to-peer platform Airswap has enabled users to exchange fiat currency for ethereum. There’s also a new development in the Quadrigacx saga – a judge has … Read more
One crypto analysts told the WSJ that QuadrigaCX’s funds, which are purportedly stuck in cold storage, could be missing altogether Go to Source Powered by WPeMatico
The British Columbia Securities Commission reportedly said it does not regulate crypto exchange QuadrigaCX, as there was no indication that it was operating as an exchange Go to Source Powered by WPeMatico
The recently deceased CEO of Canadian QuadrigaCX had reportedly filed a last will 12 days prior to his death, leaving all assets to his wife including properties in Canada, a Lexus and a yacht Go to Source Powered by WPeMatico
QuadrigaCX has taken to court to avoid collapse, but community members suggest that most of its reported funds never existed. Go to Source Powered by WPeMatico
The laptop of recently deceased Gerald Cotten will be given to creditors’ lawyers, and the crypto exchange might be sold to satisfy debts Go to Source Powered by WPeMatico
The drama surrounding Canadian cryptocurrency exchange Quadrigacx continues to intensify, with a recent report by Zernoncense claiming that the exchange has no identifiable cold storage reserves and that it has never held more than 1,000 BTC in customer funds. Also Read: Kraken Acquires British Derivatives Platform Crypto Facilities Report Refutes Claims of Quadrigacx Owner’s Widow The … Read more
Quadriga CX’s co-founder suddenly died in December and along with him so did over $130 million in cryptocurrency belonging to the exchange’s customers. According to the exchange’s Facebook page, Gerald Cotten, co-founder and CEO of QuadrigaCX died due to complications from Crohn’s disease while helping set up an orphanage in India. Unfortunately Cotten was the only … Read more
The size and status of Canadian exchange QuadrigaCX’s crypto wallets is the source of controversy following publication of new research Go to Source Powered by WPeMatico
Leading Canadian cryptocurrency exchange Coinsquare has reportedly laid off almost a third of its staff. The news comes after at least five other trading platforms found themselves in trouble during the past month. From the need to adapt to a prolonged bear market, overcome financial difficulties and technical issues, to coping with coin losses and … Read more
