$170,000 in BTC Have Been Stolen from a Resident of Taiwan 201

$170,000 in BTC Have Been Stolen from a Resident of Taiwan

Tai became the first victim of intruders in the country, whose main purpose was cryptocurrency. The Taiwanese arranged a meeting to sell his 18 BTC for cash, Finance Magnates reports.

The unknown person contacted Tai and arranged a personal meeting in Taichung City, during which he agreed to exchange cash for Bitcoin.

However, Taiwanese and his friend met three unknowns on the spot. After Tai demonstrated on his smartphone that he really has 18 BTC, the criminals attacked and beat both of them.

After that, the attackers forced Tai to transfer Bitcoin to them, at that time it cost about 5 million Taiwan dollars ($ 170,000). According to the victims, after that, the intruders forced them to drink a significant amount of Gaoliang liquor in order to create the appearance of a drunken brawl.

Fortunately for Tai, the witnesses of the incident called the police. Arriving at the scene, law enforcement officers detained one of the intruders, the other two disappeared, but were detained later: one of them even managed to escape to a neighboring island. According to the police, this was the first bitcoin robbery in the country.

Subsequently, the fourth suspect, who was not present at the meeting, was detained, he is accused of organizing a robbery. At the moment it is not known whether the stolen BTC were returned to their owner or not.

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

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

The UN Will Cooperate With the IOTA to Increase the Productivity of its Work 827

The UN Will Cooperate With the IOTA to Increase the Productivity of its Work

The UN branch, called the United Nations Office for Project Services (UNOPS), will work with the IOTA to improve the management of UN records using the distributed IOTA open-source ledger.

The announcement of the partnership came out on Tuesday, the 22nd of May. The co-founder of IOTA Dominik Schiener supported the idea of ​​cooperation by saying:

“We are thrilled to begin working together with UNOPS and to tackle current and future challenges together. The IOTA Foundation is fully committed to putting the IOTA Tangle to work on behalf of important humanitarian and development causes.”

The technology is going to advance administering and validating important documents, provide a real-time transaction system. The goal of the project is to include all connected devices by checking the accuracy and transactional calculations that contribute to the development of these devices in order to provide their properties and data in real time, which is one of the features why the UN chose IOTA for cooperation.

The special adviser on the blockchain technology at UNOPS, Yoshiyuki Yamamoto, said that the ledger can work with batteries or alternative charging methods, which can be very useful for territories that do not have constant access to the Internet or even electricity.

As this collaboration will become a kind of experiment, Yamamoto is not sure how long it will take to fully implement the IOTA technology. He said that it depends on many factors, which include the complexity of the problem, the type of software, the user’s participation, so the results will be difficult to predict.

In the nearest future, IOTA technology will be supported by IoT devices that do not have high processing power requirements.

The UN considers this technology very promising, arguing that the organization would not cooperate with the project unless it proved its potential.

Subscribe to The Coin Shark news in Twitter: https://twitter.com/the_coinshark

 

Coinbase Exchanged the GDAX Platform For Paradex 362

Coinbase 将GDAX 改名Coinbase Pro

The GDAX cryptocurrency platform will cease its operations, while a new one called Coinbase Pro will be launched to serve individuals whose core business is trading in cryptocurrencies. The announcement was made by representatives of the American cryptocurrency exchange Coinbase.

The Coinbase Pro developers have left the same tools that were used with its predecessor GDAX and also added new ones. For example, the system of placement and cashing of funds will be simplified at the new platform. Users will also have access to advanced analytics and will be able to post their portfolio on the updated corresponding page.

Moreover, the cryptocurrency exchange purchased the decentralized platform Paradex, functioning on the 0x protocol. GDAX plans to launch its own digital coin Wallet Coinbase, which will provide the opportunity to trade with hundreds of tokens. The new wallet will be included in the new platform in a few weeks and is available to US cryptocurrency exchange customers.

We remind you that the company Coinbase announced the release of new products in mid-May, which is targeted at institutional investors. During the announcement, such products as Coinbase Institutional Coverage Group, Coinbase Custody, Coinbase Prime and Coinbase Prime were presented.

Subscribe to The Coin Shark news in Twitter: https://twitter.com/the_coinshark