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Dark web druglords charged with laundering $2.3M in Bitcoin
US authorities have arrested three men after taking down a dark web drug ring which laundered $2. 3 million in cryptocurrency. Chester Anderson and co-conspirators Jarrette Codd, and Ronald Maccarty were indicted for operating storefronts on the dark web that sold and shipped hundreds of thousands of counterfeit Xanax tablets and other controlled substances to buyers across 43 US states. äàëüøå »
2019-4-17 14:07
Behind the scenes: Electrum hackers steal $4M with Bitcoin phishing attacks
Electrum Bitcoin wallet users have lost 771 BTC (approximately $4 million) since late December 2018, in an ongoing series of targeted phishing attacks. According to research released by Malwarebytes Labs, fraudsters were able to trick unsuspecting users into downloading a malicious version of the wallet by exploiting a weakness in the software. äàëüøå »
2019-4-16 18:02
Sirin Labs cuts 25% of its workforce as CEO faces $50M lawsuit
Bitcoin‘s price might have risen lately, but blockchain startups are still reeling from the bite of the bear market. Sirin Labs, the firm behind the “world’s first blockchain phone” has confirmed 25 percent of its workforce has been let go. äàëüøå »
2019-4-16 17:41
eToro launches new ‘pro’ cryptocurrency exchange – and 8 stablecoins
In an announcement today, eToroX – the specialized blockchain division of social trading platform eToro – revealed it is launching a new cryptocurrency-only exchange desk for pro traders. The new platform will support trading in six cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and Dash. äàëüøå »
2019-4-16 15:59
Bitcoin scammers foiled by victims who simply hung up on them
Bitcoin fraudsters have actually failed for once! Hawaiian Electric customers have successfully been ignoring a “robocall” scam requesting they pay a Bitcoin amount in exchange for keeping their electricity supply running, hah! According to Hawaiian Electric, of the more than 70 scam calls reported, none of the customers paid out any money – an encouraging sign that customers are simply ignoring the scammers. äàëüøå »
2019-4-16 13:31
Markets respond to Binance dumping BitcoinSV by dumping even harder
Binance confirmed it will delist controversial cryptocurrency Bitcoin Satoshi Vision (BitcoinSV) less than one day ago, but the move has already inspired other services to follow suit. BitcoinSV’s price suddenly sank more than 7 percent following the announcement, from over $70 to below $65. äàëüøå »
2019-4-16 13:03
BitcoinSV delisted by Binance amid Craig Wright controversy
Binance has announced it will delist controversial cryptocurrency Bitcoin Satoshi Vision (BitcoinSV). The confirmation came via a blog post, in which it detailed its processes for ensuring projects meet its “high level of standards”. äàëüøå »
2019-4-15 17:54
Hackers tweet Bitcoin nonsense and racism via Sweden’s top political party
Hackers have defaced the Twitter account of Sweden’s governing party with hate speech and declared they would replace the Swedish krona with Bitcoin. The strange tweets began early this morning, when the “Socialdemokraterna” account reportedly changed its name to “Bitcoindemokraterna,” and promised its leader’s would resign, confirmed Expressen. äàëüøå »
2019-4-15 16:30
Inside North Korea’s evil masterplan to siphon Southeast Asia’s cryptocurrency
North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports. äàëüøå »
2019-4-15 12:56
Moonday Morning: IMF builds its own cryptocurrency ‘for learning,’ and more
Welcome to another Monday and with that, another Moonday Morning – where we take a look at the weekend’s top blockchain and cryptocurrency news. Here’s Hard Fork’s selection of last weekend’s top stories: 1. äàëüøå »
2019-4-15 12:40
Ethereum Core Developers Consider More Frequent and Smaller Hard Forks
Smaller and more frequent hard forks are being considered by Ethereum core developers, according to a recent dev call
äàëüøå »2019-4-14 21:31
Romanian duo convicted in US for using cryptocurrency malware-mining to steal millions
Two Romanian residents have been convicted of infecting over 400,000 individual computers with malware in order to mine cryptocurrency and steal victims’ data to sell on the dark web. Bogdan Nicolescu, 36, and Radu Miclaus, 37, were convicted by a US jury following a 12-day trial of conspiracy to commit wire fraud, conspiracy to traffic in counterfeit service marks, aggravated identity theft, conspiracy to commit money laundering, and 12 counts each of wire fraud. äàëüøå »
2019-4-12 15:31
Coinbase Pro wiped its Bitcoin to USD market clean, suspended trade for hours
Coinbase Pro has wiped one of its Bitcoin markets clean after an undisclosed issue caused trade to be suspended for hours today. At approximately 6am PDT, Coinbase Pro reported it was investigating issues with its Bitcoin to US dollar market. äàëüøå »
2019-4-11 20:02
Only 2% of companies accept Bitcoin payments, Stack Overflow finds
The vast majority of organizations across the globe are not using blockchain technology, according to Stack Overflow’s annual developer survey. Some 48,175 developers responded to questions about blockchain’s adoption within organizations. äàëüøå »
2019-4-11 16:08
Wikileaks’ Bitcoin donations spike following Julian Assange’s arrest
Wikileaks has received a boost in donations on its official Bitcoin address shortly after Ecuador withdrew the asylum of its leader Julian Assange, resulting in his immediate arrest. Wikileaks tweeted a link to its donation page moments after news of Assange‘s arrest broke. äàëüøå »
2019-4-11 15:40
Blockchain governance is boring, butt one developer solved it with assplay
Blockchain governance is a touchy subject. There’s always drama when it comes to rolling out upgrades to open-source projects like Bitcoin and Ethereum, butt one dev has an “interesting” solution for curbing heated governance debates: assplay. äàëüøå »
2019-4-11 14:45
Bittrex: New York’s denial of our BitLicense application contained ‘factual inaccuracies’
Seattle-based cryptocurrency exchange Bittrex is “saddened and disappointed” by the New York Department of Financial Services’ (NYDFS) rejection of its BitLicense application. In its official statement, Bittrex said it fully disputed the findings of the NYDFS decision. äàëüøå »
2019-4-11 13:27
Coinbase launches cryptocurrency debit card in the UK
Long-serving exchange Coinbase has announced the launch of a cryptocurrency debit card for its UK customers. The company says it’s also looking to launch its debit card in other markets over the coming months, but did not to provide a specific timeline. äàëüøå »
2019-4-11 02:21
Cryptocurrency market report confirms gamblers drive blockchain adoption
In the first quarter of this year alone, at least 504 new decentralized apps (dapps) have been listed, and more than half of them are running on Ethereum. Dapp explorer Dapp. com has issued its latest market report. äàëüøå »
2019-4-10 19:34
PewDiePie to give $50K via blockchain app that deplatformed Alex Jones
PewDiePie has announced a special event, but it won’t be live on his native YouTube. Instead, he will use a blockchain-infused streaming service DLive – and he’s giving away a bag of money to help promote the budding network. äàëüøå »
2019-4-10 15:42
Only 9% of Russians actually know anything about Bitcoin
A recent survey conducted by the state-owned Russian public Opinion Research Center (VTsIOM) has found the country is well acquainted with the term Bitcoin, but lacks a detailed knowledge of cryptocurrency. äàëüøå »
2019-4-10 15:10
Bitcoin phisher steals $365,000 and 10,000 passwords from dark web users
A 37 year-old man in the US has been sentenced to one year and one day in prison for fraud in connection with a Bitcoin phishing scheme designed to rob victims of their cryptocurrency. Michael Richo, of New Haven, was also ordered to forfeit $352,000 in cash, various computers and electronic devices, and an assortment of precious coins and metals that he purchased with the proceeds of his offense. äàëüøå »
2019-4-10 12:28
Police bust 2 goons linked to $3B OneCoin cryptocurrency pyramid scheme
Two men were charged in Singapore today for promoting a cryptocurrency-based multi-level marketing scheme. Local police believe this is the first case of its kind in the country. The perpetrators in question had been promoting the notorious multi-billion dollar pyramid scheme OneCoin, Channel News Asia reports. äàëüøå »
2019-4-10 11:52
KPMG survey: 67% of corporates are not using blockchain technology
If a recent poll conducted by KPMG is anything to go by, blockchain technology still has a way to go in terms of corporate adoption in the tax and finance world. According to the survey, which asked the opinion of 450 respondents, some 60 percent of participants said they would be willing to adopt the technology within the organizations in a bid to automate tasks. äàëüøå »
2019-4-9 19:00
Adult site CamSoda will now let you pay for porn with Bitcoin
Adult entertainment company CamSoda has integrated cryptocurrency payments, enabling users to purchase tokens on the platform using seven different coins, including Bitcoin and Ethereum. In addition to BTC and ETH, CamSoda users can also spend their Bitcoin Cash, Litecoin, and Tron alongside privacy-oriented coins Monero and Zcash. äàëüøå »
2019-4-9 18:42
Mozilla rolls out new automated crypto-jacking filtering in Firefox
Popular browser solution Mozilla Firefox is finally rolling out its long-awaited system for stopping internet baddies from secretly mining cryptocurrencies with your computing resources. As of today, users of Firefox‘ Nightly and Beta browsers are equipped with the option to automatically block crypto-jacking scripts (like the infamous CoinHive). äàëüøå »
2019-4-9 15:59
Mt. Gox might need 2 more years to repay millions worth of lost Bitcoin
The leader of the group representing victims of the defunct cryptocurrency exchange Mt. Gox is stepping down from his post. The founder and coordinator of Mt. Gox Legal, Andy Pag, is resigning in the midst of a “legal quagmire that could take years to resolve,” he told CoinDesk in an interview. äàëüøå »
2019-4-9 14:35
22-year-old gets 2 years in jail for illegally selling hundreds of thousands in Bitcoin
A 22-year-old man in the US has been sentenced to two years in prison for selling hundreds of thousands of dollars in Bitcoin through an unlicensed money transmitting business. Jacob Burrell Campos, who had been in custody without bail since he was arrested in August last year, was also forced to forfeit $823,357 in illicit profits. äàëüøå »
2019-4-9 13:04
Bitcoin hits massive milestone with its 400,000,000th transaction
Bitcoin has reached a milestone! The blockchain powering the world’s most popular cryptocurrency officially processed its 400,000,000th transaction overnight. That’s right. Check the records – at pixel time, there have been at least 400,251,742 transactions sent via Bitcoin‘s independent, censorship-resistant, peer-to-peer electronic cash system. äàëüøå »
2019-4-9 12:19
QuadrigaCX saga continues as cryptocurrency exchange moves to bankruptcy
QuadrigaCX, the cryptocurrency exchange which owes its customers $134 million in cryptocurrency following the unexpected death of its founder, is moving into bankruptcy proceedings. The company’s request to move into bankruptcy was approved by a Canadian Supreme Court yesterday. äàëüøå »
2019-4-9 11:55
China wants to destroy ‘wasteful’ Bitcoin mining
China, one of the world’s most prominent blockchain and cryptocurrency forces, wants to put an end to “wasteful” Bitcoin mining. The National Development and Reform Commission (NDRC) has added cryptocurrency mining to its latest list of industries it wants to restrict, or eliminate, Reuters reports. äàëüøå »
2019-4-9 11:17
Opera releases its browser with built-in cryptocurrency wallet to everyone
Opera’s long-awaited web-browser, Reborn 3, which features an integrated cryptocurrency wallet is officially launching today. According to the announcement, the cryptocurrency wallet in the Opera computer browser syncs with the cryptocurrency wallet in the Opera browser for Android. äàëüøå »
2019-4-9 10:00
Bitcoin wallet Electrum hit by DoS attack from 140,000-strong botnet
The servers of popular Bitcoin wallet Electrum are under heavy attack, and users are advised to be extra careful when using the platform until it’s resolved. A sophisticated botnet of more than 140,000 machines has launched Denial-of-Service (DoS) attacks on Electrum‘s servers, with apparent intent to direct users to compromised versions of the software designed to steal their Bitcoin. äàëüøå »
2019-4-8 18:06
Danish hustler jailed for laundering $500,000 worth of dirty Bitcoin
Bitcoin is not as anonymous as you might think. A Danish man has been handed a prison sentence after using the digital currency for ill-gotten gains. The 33-year old has been sentenced to four years and three months after pleading guilty to laundering dirty Bitcoin, a local police report states. äàëüøå »
2019-4-8 16:33
Stop trying to solve Brexit with blockchain
When Brits headed to the polls in June 2016 and narrowly voted to Brexit, the United Kingdom was thrown into a dark puddle of water – one so murky that it’s proved difficult for lawmakers, politicians, government, and civilians to navigate ever since. äàëüøå »
2019-4-8 16:22
South Korean police use AI to bust $19M Bitcoin-fuelled pyramid scam
South Korean police have caught the masterminds of a Bitcoin-fuelled Ponzi scheme responsible for generating almost $19 million in revenue. The scam, called “M-Coin,” is said to have targeted those with poor understanding of the technology – mostly elderly people, retirees, and housewives – with promises of free cryptocurrency and recruitment bonuses for signing up others, reports Korea Joon Gang Daily. äàëüøå »
2019-4-8 12:29
Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more
It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. äàëüøå »
2019-4-8 11:17
For better or worse, we’re still obsessed with Bitcoin’s price
Cryptocurrencies are renowned – and often criticized – for their volatility. It’s what makes them both risky and attractive for skeptics and investors. Over the past decade, the mainstream press has largely ignored Bitcoin, generally focusing its coverage on the digital currency‘s association with crime and its sudden price movements. äàëüøå »
2019-4-5 16:22
I took a virtual walk in the blockchain so you don’t have to
The blockchain is a strange place. Everything including orange juice, milk, almonds, and even fridges have been “put on the blockchain. ” But you could never put yourself on the blockchain and go for a walk, until now. äàëüøå »
2019-4-5 16:17
Bitcoin’s creator totally turns 44 today – happy birthday, Satoshi Nakamoto
Yo, Satoshi Nakamoto. Wherever (and whoever) you are, if you read this (for whatever reason): happy birthday. You deserve a celebration. While we don’t really know much about Nakamoto, Bitcoin‘s pseudonymous creator, they were “thoughtful” enough to leave behind some fun “facts” for us to obsess over, like their supposed “birthday. äàëüøå »
2019-4-5 14:11
Bosch’s new blockchain smart fridge is a pretty dumb idea
Brace yourself for the most disruptive piece of technology you’ve ever seen: a blockchain fridge. Electronics giant Bosch has teamed up with Austria’s leading energy provider Wien Energie to build a cutting-edge fridge that logs where its energy comes from on the blockchain. äàëüøå »
2019-4-5 13:38
Belgian watchdog adds 7 new scams to its cryptocurrency blacklist
The Belgian Financial Services and Markets Authority (FSMA) is continuing to warn citizens about the associated risks of dealing with cryptocurrencies after identifying seven new scam websites. äàëüøå »
2019-4-4 18:59
A cryptocurrency debunker’s quixotic quest to save endangered marmots with an emoji
Marmots. If you’re unfamiliar with this creature, marmots are kinda like squirrels, but the size of a house-cat. In Canada, they’re heavily endangered, and one cryptocurrency anti-influencer is hellbent on raising awareness with an official marmot emoji. äàëüøå »
2019-4-4 17:07
You’ll need a bank account to use UnionBank’s new Bitcoin ATM
UnionBank (UBP), the seventh largest bank in the Philippines officially got itself into the cryptocurrency game this week, but there’s a catch. Users will be required to use a UBP bank account to exchange funds to and from virtual currency. äàëüøå »
2019-4-4 15:10
Indian entrepreneur implicated in $300 million Bitcoin Ponzi scheme gets bail
Amit Bhardwaj, a man accused of running a $300-million Bitcoin Ponzi scheme, has reportedly been granted bail on medical grounds, citing a deteriorating kidney condition. The former entrepreneur, who was arrested in Bangkok last year, was reportedly admitted into Apollo Hospital in India, maintaning he needed regular dialysis treatment to treat his condition. äàëüøå »
2019-4-4 13:46
Bitcoin’s price surge pushes cryptocurrency-related stocks into the green
Bitcoin and other cryptocurrencies weren’t the only investments to benefit from the leading coin‘s recent price jump. The cryptocurrency made headlines earlier this week for a price rally thought to have been ushered in by one mystery buyer. äàëüøå »
2019-4-4 12:20
Canada confiscates $1.4M in Bitcoin from dark web drug dealer
A Canadian judge has ordered the forfeiture of approximately $1. 4 million in Bitcoin found on a drug dealer’s computer as part of a criminal investigation. On Wednesday, Superior Court Justice Jane Kelly ordered that 281. äàëüøå »
2019-4-4 11:48
Cryptocurrency mining firm posts massive $58M loss
Bitcoin and other cryptocurrencies might have had a good week so far, but it’s not quite enough to make up for this Nasdaq-listed cryptocurrency mining firm‘s 2018 losses. In its 2018 financial report, released yesterday, cryptocurrency mining firm Riot Blockchain posted a $58 million loss. äàëüøå »
2019-4-3 17:25
Tech companies still care more about AI and IoT than blockchain
Blockchain might be the hot buzzword of the moment, but according to new research, it’s being bested by the Internet-of-Things (IoT) and artificial intelligence (AI). A recent survey conducted by identity management cloud software provider, Okta, found that digital firms are investing in AI and Internet-of-Things over blockchain, Cointelegraph reports. äàëüøå »
2019-4-3 12:46
Cryptocurrency exchange QuadrigaCX should declare bankruptcy, EY says
Defunct cryptocurrency exchange QuadrigaCX’s should enter bankruptcy proceedings in a bid to minimize costs and facilitate the recovery of assets for creditors, according to a report by Ernst & Young (EY), its court appointed monitor. äàëüøå »