Crypto

Executive Summary: Mt. Gox was an exchange that enabled users to purchase, trade, and sell cryptocurrency-related assets such as Bitcoin. The exchange was ultimately shut down in February 2014 after a hack led to the loss of 850,000 Bitcoins. What Is Mt. Gox? Mt. Gox was an exchange that enabled users to purchase, trade, and … Read more

Executive Summary: BitConnect is a lending platform that allowed users to trade their Bitcoins in exchange for the platform’s native token and earn interest in the process. BitConnect was ultimately shut down because the platform turned out to be a Ponzi scheme and thus wasn’t able to repay its investors. What Is BitConnect? BitConnect is … Read more