No, a Swiss media ‘giant’ is not paying salaries in Bitcoin

It’s finally April 2. Congratulations, you survived the epic bullshit that is cryptocurrency April Fool’s Day – and hopefully without falling for the swath of intentionally fake news. The same can’t be said for a string of media outlets caught peddling an April Fool’s prank pulled by Swiss publishing house Netzmedien, which (through a fintech subsidiary) bombastically announced it would be paying employees’ salaries entirely in cryptocurrency, starting with Bitcoin. äàëüøå »

2019-4-2 13:09

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Lambo, Land Rovers taken during $22M ICO fraud investigation

In Canada, authorities have seized luxury cars and frozen bank accounts owned by the ringleaders of FUEL, an allegedly fraudulent $22-million initial coin offering (ICO) from 2017. Court documents claim “blockchain services company” Vanbex raised $22 million (CAD$30 million) in cryptocurrency and fiat by with absolutely no intention to develop the FUEL token, reports CoinDesk. äàëüøå »

2019-4-1 17:04

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Liquidators put the final nail in Gatecoin’s coffin

One of the first regulated cryptocurrency exchanges, Gatecoin, has officially been taken over by liquidators following a series of hacks and banking problems. In a document sent to creditors of the exchange late last week, the liquidators state that “all powers of the directors of Gatecoin have ceased and the directors no longer have any authority to deal with the assets and/or undertakings of Gatecoin. äàëüøå »

2019-4-1 11:45

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Hackers fix 20 security flaws in cryptocurrency-related platforms in 2 weeks

White-hat hackers continue to rid blockchain projects of their bugs, having earned a minimum of $7,400 for fixing security flaws in popular cryptocurrency platforms like Monero and Stellar. Seven cryptocurrency-related projects dished out rewards to blockchain hackers for finding and patching 20 software bugs in the past two weeks (between March 14 and 28), according to HackerOne data reviewed by Hard Fork. äàëüøå »

2019-3-28 20:27

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Bitcoin scammers swindled UK investors out of $19M last year

The UK$53,000) per day lost to scammers, enough to buy well specced BMW 3 Series. In some cases victims were hit by a double con. After being scammed for a first time, victims would be targeted by secondary scammers making false claims they could get back the victim’s lost funds for… This story continues at The Next WebOr just read more coverage about: Bitcoin äàëüøå »

2019-3-28 13:22

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Japan court lets Monero cryptojacker walk away free

A Japanese web designer has been given the right to walk, despite “borrowing” the computing power of unsuspecting users to mine cryptocurrency. The 31-year-old web designer appeared in court today and was acquitted of stealing his user’s computing resources with a Monero mining script called Coinhive, local news outlet The Mainichi reports. äàëüøå »

2019-3-27 16:52

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FBI seizes $4.5M in cryptocurrency in dark web drug bust

Yesterday, the Federal Bureau of Investigation (FBI) announced the results of its latest dark web investigation which saw over $4 million worth of cryptocurrency seized from criminals. Led by members of the Joint Criminal Opioid and Darknet Enforcement (J-CODE) team, Operation SaboTor resulted in 61 arrests and the shutdown of 50 dark web accounts associated with online criminal activity. äàëüøå »

2019-3-27 12:57

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US regulator blacklists Colorado trader for orchestrating $1.5M Bitcoin scam

A man in the US has been barred from trading following his alleged involvement in a Bitcoin scam that resulted in losses of approximately $1. 5 million in investors’ funds. The Financial Industry Regulatory Authority (FIRA) – a non-governmental organization that regulates member brokerage firms and exchange markets – looked into claims that Daniel Todd Levine, of Englewood (Colorado), offered investors a chance to buy discounted Bitcoin in return for significant returns on their investment. äàëüøå »

2019-3-25 18:55

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Here’s the difference between ICOs and IEOs

Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. People have been hailing security token offerings (STO) as the next initial coin offering (ICO), but there is momentum growing for a new type of blockchain-based fundraising. äàëüøå »

2019-3-21 17:01

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Mt. Gox readies to pay back creditors five years after hack

Troubled cryptocurrency exchange Mt. Gox is finally inching closer to settling its debt with creditors, some five years after it was hacked. According to new documents published by Mt. Gox‘s trustee Nobuaki Kobayashi (aka Tokyo Whale, as he’s known in cryptocurrency circles), a decision has been made with regards to creditor’s claims – they’ve been approved or disapproved – and the Tokyo District Court has been notified. äàëüøå »

2019-3-21 15:32