/biz/ - Business & Finance

BitGrail Exchange Hack
On February 9, 2018, BitGrail, an Italian cryptocurrency exchange, announced its shutdown, reporting unaccounted losses of 17 million NANO from its wallets, preventing users from accessing assets stored on the platform.[8][9]

Victims of the exchange hack sought recoupment through the Italian court system and, supported by the Nano Foundation, launched a class-action suit against the BitGrail exchange owner, Francesco Firano. In January 2019, the Court of Florence found Francesco Firano liable for the losses after discovering that the exchange had failed to implement any meaningful safeguards to ensure the safety of their customers’ funds and failed to report losses from as early as July 2017.[10] As of December 2019, bankruptcy proceedings are underway.

Other notable events
In July 2018, Nano was featured in Bitcoin Magazine for being used in a fundraising effort to purchase over 200 pounds of food for Venezuelan families.[11]

On June 19, 2019, Kappture Labs announced they would be integrating Nano into their customer-facing payment terminals, publishing a whitepaper alongside explaining their rationale for choosing Nano over other cryptocurrencies including Bitcoin, Ethereum, and Ripple.[12][13][14][15]

In August 2019, Nano was featured in a Yahoo Finance article about a real-time interactive bird-feeder that converts cryptocurrency to donations to feed birds and is live-streamed on YouTube.[16] According to the article, the bulk of the donations were made in Nano, though the bird feeder also supported Bitcoin, Dogecoin, and Litecoin. Yahoo Finance speculated that one reason for Nano’s popularity for this usecase was because transactions via the Nano protocol are costless.

Funny how so many things are happening tomorrow... CSW, Nano UK meetup, facebook reveal.. exciting times, frens.

Get ready

>>13408783
NANO is doing better though

>>13355325
Solid reminder, right on queue

>>13267655
Many of us never stopped giving a shit.
Then again I've been through this with bitcoin before. Same shit larger crowd.

>>13211604
Feeless, fast, bad custodian dumping price.
Large developer community.
Inflationless.
I'm thinking we are gonna make it anon

>>13199726
Anon, it's pumped many times before.
All nano needed was confirmation
That it's not dead

>>13178370
BTC Diamond is BTC Cash is BTC SV is Bitcoin
See how your shit brand is broken?
NANO is Bitcoin 2.0 without brand dilution or ANY inflation or fees.

>>13138357
This is it. It's group delusion as a lot of these people have a ton of 'money' in BTC, not realizing that crypto is being judged as technology instead of digital gold.
They will get mad at this realization before they accept it.