..

Virtual Currency Girls Band Stays True to Crypto Despite Theft

Written by:
Guest
Published on:
Feb/01/2018

A popular Japanese female singing group known for promotion of cryptocurrencies turned down an offer to be paid their salary in yen after Tokyo’s Coincheck exchange was forced by regulators to halt trading this week.


Bookmaker accepts most crypto-currencies

The regulators made the decision after a multi-million dollar theft of the cryptocurrency Nem was exposed.

Many accounts on the exchange were frozen including that used to pay the Virtual Currency Girls.  The group, made up of members ages 15 to 22 years, stayed true to crypto after their manager offered to pay them in the Japanese currency. 

From CoinGeek.com:

The band uses their songs, such as “The Moon, Cryptocurrencies and Me,” to help explain the cryptocurrency craze. Virtual Currency Girls was created by the talent management company Cinderella Academy and had its first concert on January 12. Bitcoin, Bitcoin Cash, Ethereum, Ripple, Neo, Nem, Cardano and Mona are all represented.

Some 260,000 users of the cryptocurrency exchange Coincheck lost their funds as a result of the hacking.

Coingeek notes that Coincheck has promised to reimburse up to about 90% of the stolen funds to the affected users, but hasn’t said when or how it would handle the reimbursements.

- Gilbert Horowitz, Gambling911.com

 

 

Business/Financial News

Bitcoin Notches Record High, Day After U.S. ETF Debut

Bitcoin Notches Record High, Day After U.S. ETF Debut

Bitcoin climbed to a record high on Wednesday, and the first U.S. bitcoin futures-based exchange-traded fund (ETF) built on gains after a solid debut on Tuesday.

Bitcoin Bull Mark Yusko Sees Trouble at $60,000

Bitcoin Bull Mark Yusko Sees Trouble at $60,000

Speaking to CNBC this week, hedge fund manager Mark Yusko believes investors will take profits due to the cryptocurrency’s sharp rally over the last few weeks.

U.S. Becomes Largest Bitcoin Mining Centre After China Crackdown

U.S. Becomes Largest Bitcoin Mining Centre After China Crackdown

The United States has overtaken China to account for the largest share of the world's bitcoin mining, data published on Wednesday by Britain's Cambridge Centre for Alternative Finance showed.

Fake New: How an Elaborate Hoax in the Crypto Space Led to Death Threats

Fake News: How an Elaborate Hoax in the Crypto Space Led to Death Threats

We can probably speak on behalf of CoinGeek when we say, near and dear to our hearts was today's panel on Media Influence: How News Reporting Affects the Digital Asset Market.  Like Gambling911.com, CoinGeek we know strives to report fair and balanced news.  But not every story out there in the digital assets space proves to be factual. 

Bitcoin SV as Turing Complete System

Bitcoin SV as Turing Complete System

There is a controversy that's been emerging in the cryptocurrency community that claims Bitcoin cannot be used as a turing complete system.  In computability theory, a system of data-manipulation rules is said to be Turing-complete or computationally universal if it can be used to simulate any Turing machine, meaning the ability to recognize or decide other data-manipulation rule sets.

Syndicate