Bitcoin exchange FCoin is insolvent. The controversial Chinese crypto exchange, which employed a unique “trans-fee mining model”, is shutting down, stiffing traders and investors by as much as $125.4 million in Bitcoin. According to a tell-all blog post published by FCoin’s founder, “The biggest problem that FCoin currently faces is not the problem that the […]The post $95 Million in Bitcoin (BTC) Reportedly Hitting Cryptocurrency Exchanges After ‘Disaster’ FCoin Shuts Down appeared first on The Daily Hodl.
