Gerald Cotten died aged 30 from complications with Crohn's disease while volunteering at an orphanage in India, according to the Facebook page of Quadriga CX, which announced his death on January 14
There is a misunderstanding that crypto-assets like Bitcoins are illegal in India
In addition to thefts, research found that investors and exchange users lost about $725 mn in cryptocurrency in 2018 to exit scams
Experts claim blockchain, along with other technologies such as cloud, AI and IoT, is powerful enough to disrupt several sector
But Facebook needs to win people's trust first
These range from the rising cost of mining, regulatory concerns, market manipulation and speculative trading
This December closes out cryptocurrency's most exciting year, ending in a terrible, sober headache of a winter
Goldman Sachs, Morgan Stanley and many more built it. But they didn't come.
According to sources, Facebook is developing a stablecoin -- a type of digital currency pegged to the U.S. dollar -- to minimize volatility
The total market capitalisation of crypto currencies is currently estimated at approximately $120 billion compared to over $800 billion at its peak in January