Tag Archives: Possible

Coinbase probes possible insider trading after sharp rise in bitcoin cash
December 20, 2017 12:52 pm|Comments (0)

(Reuters) – Major cryptocurrency exchange Coinbase said on Wednesday it will investigate accusations of insider trading, following a sharp increase in the price of bitcoin cash hours before it announced support for the virtual currency.

Bitcoin cash, a clone of bitcoin, jumped to $ 8,500 on Coinbase’s exchange on Tuesday afternoon, hours before the San Francisco-based exchange launched trading in bitcoin cash.

Trading in bitcoin cash will be suspended until 1200 ET (1700 GMT) Wednesday, a Coinbase status page showed.

Meanwhile, bitcoin, the world’s most popular cryptocurrency, fell more than 10 percent on Wednesday to a one-week low of $ 15,800. Bitcoin has risen some 1,700 percent this year and nearly 80 percent this month alone.

“If we find evidence of any employee or contractor violating our policies — directly or indirectly — I will not hesitate to terminate the employee immediately,” Coinbase Chief Executive Brian Armstrong said in a blog post. (bit.ly/2CMbaA3)

Additionally, Coinbase employees have been restricted from trading in bitcoin cash for several weeks, Coinbase said on Twitter.

Earlier on Tuesday, traders on Twitter alleged that news of Coinbase’s launch of bitcoin cash support had been leaked before the official announcement.

Bitcoin cash was created on Aug. 1 when Hong Kong-based exchange Bitfinex said a minority of bitcoin miners would create a new version of bitcoin to make trading faster and easier.

Reporting by Nikhil Subba and Mekhla Raina in Bengaluru; Editing by Amrutha Gayathri and Sai Sachin Ravikumar

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SpaceX Identifies Possible Cause Of Rocket Explosion, Anticipates November Launch
October 15, 2016 12:00 pm|Comments (0)

SpaceX believes that the explosion of a Falcon 9 rocket earlier this month was caused by a breach of the helium system within the second stage of the rocket. The company may start launching again as early as November of this year.


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‘Wifi Whisperer’ Siphons Your Data in the Creepiest Way Possible
June 11, 2016 5:00 am|Comments (0)

‘Wifi Whisperer’ Siphons Your Data in the Creepiest Way Possible

WiFi Whisperer calls attention to the data leaking from your phone by displaying it on screen and whispering it back to you in an eerie voice. The post ‘Wifi Whisperer’ Siphons Your Data in the Creepiest Way Possible appeared first on WIRED.
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