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Showing posts with the label 2018 at 11:41PM

Cryptocurrency Trader Loses $603000 in Margin Trading, Steals $2 Million

Earlier today, it was revealed that 24-year-old trader Joseph Kim, who worked for a Chicago based firm Consolidated Trading, allegedly stole $2 million to cover losses he made in margin trading and personal investments in the cryptocurrency market. from Google Alert - cryptocurrency http://ift.tt/2GnTA7s via IFTTT http://ift.tt/eA8V8J

About 20 percent of cryptocurrency owners bought with credit

That's the latest revelation from roughly 3,000 people surveyed by CoinDesk, a cryptocurrency news service, for its "State of Blockchain 2018" report. It said more than 80 percent of respondents "didn't go into debt to purchase cryptocurrency ." Of those that did go into debt, about half had paid it back, the ... from Google Alert - cryptocurrency http://ift.tt/2C2UiEv via IFTTT http://ift.tt/eA8V8J