Amazon Shoppers Don’t Want Jeff Bezos to Build a Bitcoin Exchange

A recent survey of Amazon users by Investing.com finds that just 13% of online shoppers would be comfortable buying Bitcoin and other cryptocurrencies through the e-commerce giant. About the same percentage of people would be comfortable buying prescription drugs and medical marijuana from Jeff Bezos and company. Comparatively, about 73% of people show interest in purchasing an Amazon-branded computer. Survey: Just 13% of Shoppers Want to Buy Bitcoin on Amazon Other notable statistics: almost half of all respondents don’t look anywhere else when shopping for books or electronics. However, less than 10% of respondents exclusively use Amazon for automotive needs,

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Bitcoin Bears Maul Another Victim: Crypto Exchange Coinsquare Lays off a Third of Employees

It has already been a tough few months for the crypto industry and nobody is feeling that more than crypto-related employees who have been dropping like flies in recent weeks. Canadian based cryptocurrency exchange Coinsquare is the next crypto firm to lay off workers as the market goes through difficult times. Coinsquare has reportedly laid off 40 employees, which equates to approximately a third of their staff. Cryptocurrency exchanges are currently feeling the brunt of increased regulatory requirements and the massive decrease in Bitcoin prices that are currently teetering around $ 3,500. Something has to give, and that is what we

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Notorious Bitcoin Exchange QuadrigaCX May be Sold to Compensate Crypto Victims for $150m Loss

When QuadrigaCX announced last month that CEO Gerald Cotten had suddenly died and roughly $ 150 million in cryptocurrency ($ 180 million Canadian) was inaccessible as a result, the crypto world went nuts. According to a CBC report today, the notorious Bitcoin exchange may be sold to compensate victims. Additionally, Cotten’s encrypted laptop will be handed over to lawyers for the exchange’s creditors and “eventually given to a court-appointed monitor.” Canada’s Biggest Bitcoin Exchange May be Sold So far, the company filed for protections under a Depression-era law that prevents complete destruction of insolvent businesses in Canada. They are considering selling the

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Where’s the ‘Missing’ $150 Million? Crypto Exchange QuadrigaCX’s Fiasco Gets Weirder with New Research

According to a cryptocurrency researcher with an online alias “ProofofResearch,” QuadrigaCX may not have a Bitcoin cold wallet nor $ 150 million in crypto. In a research paper, Zerononcense editor ProofofResearch stated that based on the evaluation of the company’s 31 Bitcoin addresses, no evidence to prove the existence of a cold wallet for QuadrigaCX was found. No Bitcoin and Ethereum Cold Wallets On February 4, as CCN reported, MyCrypto CEO Taylor Monahan discovered that QuarigaCX does not have an Ethereum cold wallet which stored user funds. Monahan evaluated three main Ethereum addresses used by the exchange and no evidence was

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Earlier this week a crypto exchange revealed that they are unable to access ~26,500 Bitcoin that were in their possession. That means there are 26,500 less BTC available of the 21M total created. Eventually everyone will understand scarcity.

Earlier this week a crypto exchange revealed that they are unable to access ~26,500 Bitcoin that were in their possession. That means there are 26,500 less BTC available of the 21M total created. Eventually everyone will understand scarcity. submitted by /u/Blockfolio
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Bitcoin – The Currency of the Internet

$190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All

QuadrigaCX, the largest bitcoin exchange in Canada, has lost $ 190 million worth of crypto after it lost access to its cold storage wallets. An affidavit filed on January 31 with the Supreme Court of Nova Scotia revealed that $ 190 million in Bitcoin, Bitcoin Cash, Bitcoin Cash SV, Bitcoin Gold, Litecoin, and Ethereum were lost. How Did the Bitcoin Exchange Lose All of its Crypto Funds? The affidavit, first obtained by CoinDesk, was filed by Jennifer Robertson, the widow of QuadrigaCX founder and CEO Gerald Cotten. According to a death certificate included in the affidavit, Cotten passed away in India after

$ 190 Million in Crypto Gone Forever, How Canada’s Biggest Bitcoin Exchange Lost it All by CCN

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Gemini Claims to be World’s First SOC 2 Compliant Crypto Exchange after Deloitte Audit

Crypto exchange Gemini has announced that it has completed its SOC 2 Type 1 examination, and plans to obtain more security credentials by the end of the year. SOC 2 reports are essentially certifications testifying to the processing integrity, security, and/or availability of a service, with a key focus on data confidentiality for end users. The exchange owned by billionaire crypto investment duo Cameron and Tyler Winklevoss is the first to have this level of security compliance on the cryptocurrency scene. In an announcement by Head of Risk, Yusuf Hussain, Gemini claims that the SOC 2 Type1 certification means that

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