$10 Million Stolen from Coincheck Funds Has Been Transferred to the Yobit 280

The part of the $ 534 million stolen from the accounts of the large Japanese cryptocurrency exchange Coincheck was transferred to the Russian cryptocurrency exchange Yobit. This was reported by the Japanese media.

According to the newspaper Mainichi Shimbun, Russian hackers may be involved in the hacking the Coincheck crypto-exchange. According to the publication, the unknowns sent approximately $ 10 out of more than $ 500 million in one of the top cryptocurrencies – NEM. An investigation has begun in Japan.

The hackers attacked Coincheck in late January. All the operations for withdrawing money and trading were temporarily suspended because of the scammers. The company confirmed its intention to return the stolen assets to the users. According to the announcement, the exchange will use its own capital to compensate the losses.

Subscribe on The Coin Shark news in Telegram: https://t.me/thecoinshark

The Co-Founder of Apple Announced the Launch of His Own Blockchain-Based Project 214

interview with steve wozniak

Steve Wozniak, the co-founder of Apple, took part in an exclusive interview at the conference ChainXchange and talked about his attitude towards Bitcoin and cryptocurrencies in general and also shared his plans for the blockchain technology:

I like to keep up with things… Bitcoin caught my attention. It had so many unusual aspects for any technology I had ever heard of. Nobody is really known to be the creator. It doesn’t have any centralized [component]. It’s based on mathematics. There’s a certain number of Bitcoin that can ever exist… Mathematics to me is like nature. It’s much better than human beings… I trust those things of nature more than what man makes up. Man makes up currencies, controls them, issues new US dollars every year; Bitcoin was immune to that.

We want to point out that the famous American inventor, electronic engineer and programmer was not particularly interested in the subject of cryptocurrency in the fall of 2017 and even sold all his Bitcoins. Back then he found that cryptocurrencies only brought “anxiety”, but now, he seems to have learnt more things about the advantage of the blockchain technology:

At first I kept hearing [about blockchain], and I didn’t understand it. It’s not something you understand in a day. You think about it, read more about it and how it works, and then you see how people actually start to use it, through the mining process and also the verification and, aha! It all adds up!” said Wozniak.

After that, the co-founder of Apple made a sensational statement: he himself is going to start working with blockchain. According to him, this will happen “very soon”, the project is likely to be launched in Malta:

I’m involved with, very soon, my first time being involved in a blockchain company. [It’s] called Equi… Our approach is not like a new currency, or something phony where an event will make it go up in value. It’s a share of stock, in a company. This company is doing investment by investors with huge track records in good investments in things like apartment buildings in Dubai. We have one person in our group who has listed out a whole apartment building for Bitcoin… We might be starting up in Malta around the time of their blockchain conference. Some countries are very positive about [blockchain]the same way they were about electric vehicles.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

The Chinese Crypto Rating Welcomes New Coins While EOS Remains #1 227

chinese crypto rating

Taking into account all the crypto novelties, China Electronic Information Industry Development updated its previous ranking of the best digital coins. Some cryptocurrencies managed to keep their position or even climb up, others lost their ground.

The list of the best 5 coins currently looks in the following way

  1. EOS
  2. Ethereum
  3. Komodo
  4. Nebulas
  5. NEO

Ethereum and EOS are keeping their positions, they once more proved to be best in terms of technology, application and innovativeness. The “lucky” coins of the previous rating Lisk and Stellar have both lost 2 positions, whereas Bitcoin has climbed from the 17th to the 10th place. However, the next rating might change the things drastically.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Ripple Wonders Why The SEC Has Not Come Up with Cryptocurrency Status Yet 331

crypto status

We all remember the loud statement of the Securities and Exchange Commission which clearly said that the world’s two most popular digital coins (Bitcoin and Ethereum) do not comply with the definition of a security. What about other altcoins?

The representative of Ripple contacted the SEC not so long ago, asking why they have not yet determined the official status of cryptocurrencies. In response, the Commission’s spokesperson stated:

The SEC has not made a determination as to whether any specific cryptocurrency may be deemed a ‘security’ under the federal securities laws.

This answer is not quite informative, thus, we only have to wait upon the decision of the SEC.

We remind you that the SEC will take the decision concerning Bitcoin ETF in September of this year.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

What Does John McAfee Have to Say About Bitfi, His Future Projects and Crypto in General? 515

interview with john mcafee

John McAfee is a very eccentric but still popular crypto personality. His every action and word instantly draws attention. Thus, we absolutely could not miss an interview that he gave to ETHNews discussing a couple of important issues.

Firstly, McAfee addressed the infamous story with Bitfi which we have thoroughly covered on our news portal. Many people were confused by McAfee’s behavior, thinking that he lied to all of his followers and customers. However, the “accused one” had an explanation for that:

My job is to market this thing [Bitfi]. How better to market it than to create a controversy?

Basically, McAfee admitted that he intentionally started all this drama with Bitfi to attract more attention to his wallet.

The crypto enthusiast also talked about a new big project – his own version of the CoinMarketCap, called McAfee Market Cap, and the further development of a decentralized crypto exchange. Though the program was launched, the developers had to take it down to introduce some upgrades and improvements.

Of course, the topic of possible running for presidency was not left out of the conversation. Here McAfee claimed that he is not interested in being the US President, he only intends to run for the post. According to him:

The act of finding and creating the president – that’s what changes America. So I want to be involved in that.

Overall, McAfee is very satisfied with everything he’s currently doing and the influence that he has on the financial world. He even modestly called himself “one of the premier technologists of this world”. However, only the time will show whether his ambitious plans will come true.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

Chinese Hackers Got Hold of $87 Million in Crypto 438

hacker attack in china

The most outrageous crime involving cryptocurrencies happened in the People’s Republic of China. Almost $87 million (600 million Chinese yuan) in Bitcoin and altcoins were taken by the criminals after a hacker attack. The police have already detained three people supposedly involved in the crime.

According to the local news outlet, the first victim of the theft with the family name Zhang reached out to the Xian police back in March. He said that somebody had broken into his computer and stolen almost $15 million of digital assets. Three months later, the police was able to spot a suspect, Zhou. Two months later, the prosecutors managed to detect the remaining 2 hackers, Zhang, living in the province of Jilin and Cui, a citizen of Beijing.

The police keep working on the case, however, they claim to have struggled a lot. According to one of the police officers:

Our bureau has not dealt with this kind of case before. It’s the first virtual currency-related case in Shaanxi.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/

A Crypto Movie with Kurt Russell Will Soon Come Out 488

crypto movie

As we reported earlier, Hollywood started working on a film directly involving the topic of cryptocurrency. The producers have recently disclosed a couple of interesting details about this movie, besides its star-studded cast.

The plot of this thriller will wheel around the complicated world of money laundering, fraudulence and scams involving digital currencies. The main character, played by Beau Knapp, is going to unravel the dark secrets of this world.

The producers admit that they don’t have enough knowledge about crypto and trust specialists to handle the technical part, however, they have overall positive comments about it:

We hope it lasts for a long time…That’s one of the reasons why we wanted to do the film. We’re not into fads. We hope it stays around for a long time.

The official release of the movie is scheduled for 2019.

Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/