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Shitcoin factory Cryptopia owes over $3M to creditors, staff, and hodlers

May31
by on May 31, 2019 at 12:16 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Liquidators of now defunct cryptocurrency exchange Cryptopia have revealed that it owes investors, creditors, and staff a total of over $3 million. Grant Thornton New Zealand published its first liquidators report earlier today which outlined that creditors are owed a total of $2.78 million. Staff are also owed $384,000 for unpaid salaries, holiday pay, and other unclaimed expenses. Creditors fall into one of two categories, secured or unsecured. There are two secured creditors affected by Cryptopia‘s collapse, Dell New Zealand Ltd and Coca-Cola Amatil (NZ) Ltd. These companies are owed a total of $912,000. As it stands, there are 69…

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a couple of laughzillas on a blue diamond background

Shitcoin factory Cryptopia owes over $3M to creditors, staff, and hodlers

May31
by on May 31, 2019 at 12:16 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Liquidators of now defunct cryptocurrency exchange Cryptopia have revealed that it owes investors, creditors, and staff a total of over $3 million. Grant Thornton New Zealand published its first liquidators report earlier today which outlined that creditors are owed a total of $2.78 million. Staff are also owed $384,000 for unpaid salaries, holiday pay, and other unclaimed expenses. Creditors fall into one of two categories, secured or unsecured. There are two secured creditors affected by Cryptopia‘s collapse, Dell New Zealand Ltd and Coca-Cola Amatil (NZ) Ltd. These companies are owed a total of $912,000. As it stands, there are 69…

This story continues at The Next Web

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Women’s fertility app secretly took $1.79M in funding from anti-abortion campaigners

May31
by on May 31, 2019 at 12:13 pm
Posted In: Apps, Around the Web


Ever since the rise of femtech, period tracking apps have vowed to make women’s health easier to control and understand. But lately we’ve seen data and privacy breaches, worrying stats about “success” rates, and questionable marketing strategies. This week is no different.A report from the Guardian found that fertility app Femm has been funded by anti-abortion and anti-gay campaigners. The non-hormonal contraceptive app has donations from various Catholic-Church associated groups. Launched in 2015, Femm now has over 400,000 downloads and claims to “empower women” by giving them control over their menstrual cycle — while encouraging them to avoid hormonal birth…

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a couple of laughzillas on a blue diamond background

Women’s fertility app secretly took $1.79M in funding from anti-abortion campaigners

May31
by on May 31, 2019 at 12:13 pm
Posted In: Apps, Around the Web


Ever since the rise of femtech, period tracking apps have vowed to make women’s health easier to control and understand. But lately we’ve seen data and privacy breaches, worrying stats about “success” rates, and questionable marketing strategies. This week is no different.A report from the Guardian found that fertility app Femm has been funded by anti-abortion and anti-gay campaigners. The non-hormonal contraceptive app has donations from various Catholic-Church associated groups. Launched in 2015, Femm now has over 400,000 downloads and claims to “empower women” by giving them control over their menstrual cycle — while encouraging them to avoid hormonal birth…

This story continues at The Next Web

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Bitcoin as healthy as ever as the network hits all-time high mining difficulty

May31
by on May 31, 2019 at 10:30 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Bitcoin is having a very good week – both in terms of price and the stability of its blockchain. Shortly after surging past $9,000 to hit its highest price for 2019, the cryptocurrency‘s mining difficulty increased by 11.26 percent to 7.46 trillion, setting an all-time high for the network. The previous record came in October, 2018, when the difficulty rose to 7.45 trillion. Bitcoin’s hashrate also continues to grow steadily, currently standing at 53.36 EH/s – a good indication that the network is in a healthy state. The development marks the highest hike in difficulty since December, 2018, when the…

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