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Bitcoin con artists charged with $51M investment scam

In Taipei, a group of Bitcoin con artists have been charged with running an elaborate cryptocurrency scam that defrauded local and foreign investors out of millions of dollars. Authorities formally charged a 47-year-old man surnamed Lin, along with six accomplices, with violating Taiwan‘s Banking and Multi-Level Marketing Supervision acts with a fake Bitcoin investment scam, reports FocusTaiwan. дальше »

2019-1-18 16:03

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Cryptocurrency mining malware has become self-aware (kinda)

A common form of cryptocurrency mining malware has evolved and is now able to switch off security services to continue mining without being detected. Security researchers at Palo Alto Networks’ Unit 42 discovered that the malware used by cryptojacking group “Rocke” is able to gain administrative privileges to Linux-based cloud servers and uninstall vital security programs. дальше »

2019-1-17 18:18

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US academics say their shardy blockchain will be 10X faster than Visa

US academics are working together to create a new and improved cryptocurrency in a bid to rival Bitcoin. According to Bloomberg, professors from seven US colleges (including MIT, University of California, Standford University, and Berkely) are looking to create a digital currency capable of processing thousands of transactions a second without sacrificing the basic principle of decentralization. дальше »

2019-1-17 17:24

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Bitcoin theft victim sues AT&T for $224M after SIM-swap bungle

Nicolas Truglia, the infamous cryptocurrency con-man already arrested for stealing $1 million in digital assets, is now being sued for a further $81 million by another one of his victims. Court documents allege Truglia worked with a crew of 25 unnamed individuals to steal $24 million in cryptocurrency from Michael Terpin, an early Bitcoin investor, reports the Register. дальше »

2019-1-17 16:45

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BBC News website spoofed by Bitcoin scammers

Scammers have found a new way to use seemingly legitimate BBC News websites to mine Bitcoin. The scam, identified by researchers, was first discovered in the first week of January. Scammers created what appeared to be a legitimate email containing a “Display Message” button, which rerouted users to an affiliate website tasked with generating Bitcoin based on page views. дальше »

2019-1-16 13:15

Cryptocurrency analysts predict the end of the Bitcoin bear market

Blockchain investigators have employed a neat method for analyzing Bitcoin activity to determine at what point long-term holders typically yield and sell their Bitcoin. Delphi Digital, an independent research boutique specializing in the digital asset market, has studied Bitcoin transaction data and market prices, calculating that Bitcoin investors are (for the most part) done with their selling. дальше »

2019-1-10 19:02

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China is forcing blockchain devs to dox users, censor content

The Chinese government is forcing blockchain companies to censor content, store users’ identity data and share it with authorities in a bid to support “orderly development. ” As part of a new registration system, the Cyberspace Administration of China (CAC) will require users of blockchain platforms to submit their real names, national IDs, and even telephone numbers, Reuters reports. дальше »

2019-1-10 18:02