Chinese Police to Bust $87M Worth Crypto Thieves

To date, this case has already become one of the largest in terms of the amount of stolen cryptocurrency
20 August 2018   796

Chinese police have arrested three suspects in theft of bitcoins and another cryptocurrency in the amount of $ 87 million, reports Xinhua.

The investigation lasted several months. Suspects were arrested in Beijing and the provinces of Hunan and Changchun. Representatives of law enforcement agencies noted that several unnamed Internet companies provided assistance to the authorities in the framework of investigative actions.

In March, victim named Jan reported on the theft from his computer cryptocurrency for $ 14.5 million. First, the police found out the data of one suspect named Zhou, and then it became known about his accomplices.

During the investigation, it was found that the suspects committed a series of cyber attacks on corporate and private networks and were able to steal $ 87 million in cryptocurrency.

The police added that the investigation is continuing. Nevertheless, this case has already become one of the largest in terms of the amount of stolen cryptocurrency assets.

Messari to Raise $4M

According to the CEO of the startup more than 60 cryptocurrency projects use company's services
14 November 2019   104

A crypto-industry-specific startup, Messari, has completed a funding round led by Uncork Capital, which also included Blockchain Capital, CoinFund, Danhua Capital, Fenbushi Capital, Coinbase Ventures and former Coinbase technical director Balaji Srinivasan.

Former Managing Director of CoinDesk and CEO of Messari, Ryan Selkis, noted that now more than 60 cryptocurrency projects, as well as “the world's largest exchanges, funds and information service providers” use his company’s services. According to him, the funds raised will be used to automate the processes of receiving and processing data, as well as to expand the product line.

Founded a year ago, the company previously raised $ 1 million in seed investment from Danhua Capital, Blockchain Capital, Anthemis Group and other venture capital firms.

In the third quarter, Messari introduced a regulatory compliance asset monitoring service that also measures the market supply of coins. In addition, the company launched a beta version of the Messari Pro platform, which includes a set of professional tools for market analysis.