Cryptocurrency exchange BitGrail contemplates exit scheme on Twitter

Things rarely get more blatant than this. Days after losing roughly $ 195 million worth of users’ cryptocurrency, sketchy exchange desk BitGrail appears to be contemplating its next step: filing for bankruptcy or launching the platform all anew. The man behind the exchange desk – loosely identified as developer Francesco Firano, but more commonly known under his pseudonym ‘The Bomber’ – took to Twitter to ask users for advice on how he should proceed with the future of BitGrail. In a tweet posted in Italian, Firano presented two prospects for BitGrail: bankruptcy or re-launch. Cosa preferireste che facesse BitGrail? — Francesco…

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Huawei Asking People To Write Fake Positive Reviews In Exchange For A Chance To Test Mate 10 Pro For Free

It seems that Huawei is lowering itself to less than scrupulous practices in order to try and promote its new Mate 10 Pro smartphone. In a private Facebook group, which has approximately 60,000 members, Huawei has been soliciting positive Best Buy reviews in exchange for the possibility of being selected as an early hardware beta tester.

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Italian cryptocurrency exchange BitGrail loses $170 million

One of the biggest problems with cryptocurrency exchanges is that they're a juicy, enticing target for high-tech criminals. Case in point, Italian exchange BitGrail, which lost $ 170 million worth of Nano tokens, a little-known digital coin previously…
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Hackers stole $400 million from cryptocurrency exchange Coincheck

One of Japan’s largest cryptocurrency exchanges has revealed that it’s lost nearly $ 400 million in a security breach. Coincheck says that it has restricted deposits and withdrawals for a cryptocurrency called NEM, and Bloomberg reports that 500 million NEM tokens have been sent from the company “illicitly,” and that it’s not sure how.

The company has since suspended most trading and withdrawals, and is working to trace where the missing digital currency ended up. In a Tweet, the exchange said that it was considering compensating those who lost money.

NEM is a digital currently like Bitcoin, Ethereum, or Litecoin, and is presently the eight largest cryptocurrency by volume. TechCrunch describes the currency as a “distributed ledger…

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