Disney May Become Bitstamp & Korbit Owner

If the deal for $ 13.2 b will take place, Disney will become the owner of old exchanges
24 April 2019   721

Leading European crypto exchange Bitstamp and South Korean Korbit can become the property of The Walt Disney Company, one of the largest conglomerates of the entertainment industry. It is reported by Bitcoinist, with reference to the Korea Herald.

Currently, Disney is one of the main contenders for a 98.6% share of the largest South Korean game maker Nexon. The latter is one of the key assets of the company NXC, which also owns the exchanges Bitstamp and Korbit.

Thus, if the deal for $ 13.2 billion will take place, Disney will become the owner of a European exchange with a long history, which, according to some data, the investment division of NXC acquired a year ago for $ 350 million. At the same time, Nexon owns 65.19% of the oldest South Korean crypto-exchange Korbit.

Note that Disney has long been interested in blockchain technology. So, back in 2016, the corporation introduced Dragonchain’s own hybrid blockchain, designed to improve the efficiency of business applications and make them safer.

Bittrex to Go For Maintenance After 1/3 Funds Moved

Users suspects hack, but exchange says "funds are safe"
05 December 2019   63

The Bittrex cryptocurrency exchange has announced scheduled maintenance today, December 5, from 22:00 to 23:00 (GMT). On the eve, a third of its assets were transferred to an unknown wallet.

During maintenance, users will not be able to log into the system or use the APIs. Trading will be suspended.

On December the 4th, populat Twitter account posted that "43,564 #BTC (313,074,134 USD) transferred from Bittrex to unknown wallet." Users suspected that the exchange was hacked, but the exchange . 

Closures for scheduled maintenance only heightened suspicion. However, the Bittrex team assures that "that claim is false."