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FTX customers will get money back | Bitcoin against computer screen

FTX customers to get their money back in full (with asterisk) [U]

Update: A court filing has confirmed that the company now has more than enough money to repay customers. In recognition of the lost gains, creditors owed $50k or less will receive around 118% of their deposit value at the time of the Chapter 11 filing.

In a surprise development, bankruptcy lawyers say that FTX customers – once considered to have lost almost everything – are now expected to get their money back in full from the remains of the cryptocurrency company …

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Crypto.com iOS app-hero

How to buy crypto on iPhone the easy way

Learning how to buy crypto isn’t easy but Crypto.com has truly arrived stateside and has certainly become a viable option for getting into the cryptocurrency game on iPhone. As the bright red letters adorning the house of LeBron get pulled down and carried away into the annals of sports history, a new moniker is being readied to dawn its new mantle atop the former Staples Center. Tinsel Town will soon have a new set of shining bright lights across its beloved colosseum with the official unveil of sorts ahead of tip-off tonight when LeBron’s Lakers takes on Kevin Durant’s (and very much not Kyrie Irving’s) Brooklyn Nets. Some $700 million dollars later — a bag far larger than the one America’s favorite office supply store had to shell out 10 years prior — virtual currency giant Crypto.com will forcefully take its new place across the skyline in Laker nation. And its Crypto iOS app will be the mobile platform that helps propel it even deeper in to the pockets of Americans.

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Apple now explicitly bans background cryptocurrency mining in apps

Back in March, app developer Qbix thought it had hit on a great new way to make money from its Calendar 2 app for the Mac. Instead of charging users, or including intrusive ads, it offered users access to pro features in return for allowing cryptocurrency mining in the background.

Apple quickly put a stop to that, and has now updated its app guidelines to explicitly ban background currency mining …


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Hands-on: MobileMiner – how to mine cryptocurrency on an iPhone [Video]

When you think of a cryptocurrency mining rig, it’s easy to associate it with large rigs featuring multiple GPUs in some type of air-cooled room. While that may be true, not every cryptocurrency needs hulking GPUs and rigs designed specifically with mining in mind. In fact, thanks to a handy app called MobileMiner, it’s even possible to mine certain cryptocurrency from a device as diminutive as the iPhone in your pocket.
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