Hacked exchange Cryptopia enters liquidation – May 15

📈 30 Second Price Summary

Current Bitcoin Price$7944

Bitcoin is down about 1% today, dipping below the $8000 line which it only just reached. Ethereum, however, is up almost 12%, cementing itself far above the $200 mark with a current price of around $230. XRP is up just 1%, while Bitcoin Cash is down 3%.

Most mid-cap cryptocurrencies, including Binance Coin, Cardano, TRON, and others are trending upwards today, averaging perhaps 8% in the green.

Top Stories for 15th May 2019 🔥

👉 Hacked exchange Cryptopia enters liquidation

New Zealand-based cryptocurrency exchange Cryptopia was hacked for around $15 million cryptocurrency back in January of this year, and was forced to stop trading as a result.

The exchange’s management has decided that the best course of action would be for the exchange to enter liquidation, and so it has done. Any assets are to be liquidated by Grant Thornton, with the hopes that users may be able to recover some of their funds in the coming months.

👉 NEO receives $100 million in funding

NEO, formerly known as Antshares, is a popular, mid-cap Chinese cryptocurrency project with the goal to build a “Smart Economy” using blockchain technology to digitize and manage real assets.

The proejct has just received $100 million in funding, which was announced at the Consensus cryptocurrency/blockchain event taking place in New York this week.

👉 ARK launches blockchain creation tool

Perhaps somewhat similarly to NEO, ARK is a cryptocurrency project that aims to provide blockchain services for developers, and ultimately end users, through the use of their own technology.

ARK has released a new tool which allows users to create and launch their own blockchain within minutes, as part of their vision to a connected, multi-chain future.