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Binance hack: Scammers luring people into buying ‘discounted stolen Bitcoins [BTC]’
The world’s largest cryptocurrency exchange, Binance, was attacked on May 7, and hackers stole 7,000 Bitcoins [BTC] worth $40 million. The Chief Executive Officer of Binance, Changpeng Zhao or CZ, proactively took care of the situation and shut deposits and withdrawals on the exchange, which were later resumed on May 16. дальше »
2019-5-17 16:30 | |
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Blockchain startups RepuX and JoyToken pull exit scam after raising $8M in ICOs
Even thought it’s 2019, initial coin offering (ICO) exit scams are still being uncovered. The latest to surface has seemingly conned over $8 million from would-be investors. It appears that blockchain startups RepuX and JoyToken have conned investors out of $4. дальше »
2019-5-16 18:36 | |
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Binance’s CZ reveals token withdrawal status even as coin falls by over 3% in an hour
Binance exchange, the world’s largest cryptocurrency exchange, suffered a hack of 7000 BTCs worth $40 million, a hack that targeted the exchange’s hot wallet. Following the hack, the exchange shutdown operations temporarily and suspended withdrawal and deposit services. дальше »
2019-5-16 15:30 | |
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Tushar Jain of Multicoin: Blockchain Reorgs, Even Bitcoin, Will Be More Acceptable In The Future
The hack that stole $40 million worth of money from Binance was not among the greatest heists in Bitcoin history. It would have remained a tepid affair had Crypto Twitter not jumped on a tweet that suggested doing a Bitcoin reorg. дальше »
2019-5-15 01:40 | |
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Following Hack, Binance Plans System Upgrade
Popular cryptocurrency exchange Binance will be conducting a system upgrade on May 15, 2019, in the wake of a $40 million hack. Per an announcement that was published on the exchange’s blog, the scheduled system update will affect all transactions on the platform for about 6 to 8 hours. дальше »
2019-5-15 16:39 | |
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Crypto Hedge Funds Bought the F**king Dip During 2018’s Bitcoin Crash
By CCN: It seems bitcoin’s epic 72 percent price fall in 2018 didn’t deter wealthy investors. Crypto hedge funds reported a three-fold increase in assets under management (AuM) in 2018 despite the bear market. дальше »
2019-5-15 15:48 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Top 5 Biggest Crypto Exchange Heists in History
The news of the Binance hack left the cryptocurrency industry rattled. Although, it turns out that a massive $40 million’s worth of BTC doesn’t even register this heist among the worst. Check out the five biggest exchange hacks in crypto history. дальше »
2019-5-10 04:00 | |
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Inside the Binance and Bitcoin Blockchain Reorg Drama: Random Tweet Stirs Up Community Frenzy
When Binance revealed that somewhere in the region of $40 million dollars worth of Bitcoin was stolen from them, it caused the usual reactions from the community. News articles were written Binance's security was questioned, but overall it was just another hack – and not even a significant one compared to some in the past. […] дальше »
2019-5-10 02:02 | |
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Reddit’s CTO: Designers should know these two things
At TNW2019, Reddit’s Chief Technical Officer, Chris Slowe, shared some behind-the-scenes insights into what makes the message board tick. Perhaps more importantly, he spoke of two important lessons learned from tackling the challenges Reddit faces as one of the world’s most popular websites. дальше »
2019-5-9 14:12 | |
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Israeli Police, FBI Apprehend Owners of Darknet Site Deep Bot Web
Two Israeli citizens have been apprehended by law enforcement based on suspicions that they developed and ran a darknet marketplace for dealing illegal goods. The Israeli police announced via Twitter that it has collaborated with the United States Federal Bureau of Investigation (FBI) to arrest two locals who they believe managed the dark web marketplace, which used bitcoin to facilitate trades. дальше »
2019-5-8 18:42 | |
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Israeli Police, FBI Apprehend Owners of Darknet Site Deep Dot Web
Two Israeli citizens have been apprehended by law enforcement based on suspicions that they developed and ran a darknet marketplace for dealing illegal goods. The Israeli police announced via Twitter that it has collaborated with the United States Federal Bureau of Investigation (FBI) to arrest two locals who they believe managed the dark web marketplace, which used bitcoin to facilitate trades. дальше »
2019-5-8 18:42 | |
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Bitfinex officially releases LEO whitepaper; token offered for USDT to raise $1 billion
Just as the market was starting to recover from New York Attorney General’s report on Bitfinex’s $850 million cover-up, Bitfinex decided to remedy their ordeal by issuing a $1 billion token offering. дальше »
2019-5-8 10:10 | |
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Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report
Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network. дальше »
2019-5-8 00:53 | |
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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings
Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend. дальше »
2019-5-7 01:42 | |
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Monday Morning Whale Watching Sees Over $37 Million Worth Of BTC Moved to Unknown Wallet
This Sunday it was found out that 6,567 BTC were transferred from an unknown wallet. Even the receiver's wallet is unknown. We can see from the above graph that the wallet was completely drained out of funds. дальше »
2019-5-6 18:24 | |
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Will BitFinex $1 Billion Trigger a Bitcoin (BTC) Sell-Off?
Bitcoin (BTC) prices firm, add 9. 5 percent in the last week Despite fraud accusations, BitFinex will crowd-fund to raise $1 billion BitFinex, sources have it, will proceed with their IEO and the aim is to raise $1 billion in USDT. дальше »
2019-5-6 19:00 | |
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Even With Shutdown Of Coinhive, One Million Crypto-Jacking Attempts Are Thwarted Each Day By Malwarebytes
Even With Shutdown Of Coinhive, One Million Crypto-Jacking Attempts Are Thwarted Each Day By Malwarebytes Crypto-jacking is just another in a long like of options that hackers can use to steal funds and information from unsuspecting entities. дальше »
2019-5-3 23:06 | |
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Binance Coin [BNB] surges by over 5% in 2 hours as exchange celebrates World Password Day
Even as most cryptocurrencies saw sideways movement, Binance coin [BNB] surged by over 5% in 2 hours. Binance’s effort to celebrate World Password Day contributed to this sudden surge. At press time, BNB was valued at $22. дальше »
2019-5-2 16:05 | |
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Can Alchemint Live If Maker DAIs?
Stablecoins may be the least exciting tokens in the world of cryptocurrency, but even these projects have their share of drama. Last week, the New York Attorney General’s Office accused Bitfinex of masking $850 million in losses with the reserves of their stablecoin, Tether. дальше »
2019-5-2 00:57 | |
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Bitfinex-Tether episode hardly affects stablecoin; continues to be pegged with cryptos despite systematic risk
The Bitfinex/Tether episode made headlines in the crypto community over the past week. The repercussions were felt even in the market as Bitcoin [BTC] plummeted by almost $400 after news broke out that Bitfinex used Tether reserves to cover up its undisclosed losses, speculated to amount to $850 million. дальше »
2019-5-1 19:30 | |
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Your Crypto Winter = Criminals’ Summer: Q1 2019 Crypto Thefts, Fraud Hit Whopping $1.2 Billion
By CCN. com: Even as the bearish conditions in the crypto markets persisted in this year’s first quarter, bad actors in the sector continued to thrive. According to cybersecurity firm CipherTrace, during the first quarter of the year, the amount that bad actors generated from stealing from bitcoin exchanges and operating cryptocurrrency scams reached $1. дальше »
2019-5-1 15:13 | |
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Lightning Network Whitepaper Co-Author: Exchanges Use of Bitcoin LN Would Spread Adoption
It is no secret that the Bitcoin Lightning Network has gained a lot of popularity in 2019. With the current capacity of $5 million USD, the network has grown a lot this year and cannot even be compared to what it was last year when it was originally launched. This, however, is not enough for […] дальше »
2019-4-30 02:17 | |
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Report: Australians Lost Over $4 Million to Crypto Scams in 2018
The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6. дальше »
2019-4-30 20:07 | |
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Even With Samsung, Ethereum (ETH) Bulls Must Nullify Q4 2018 Bears
Ethereum (ETH) steady above $150 After rumors of a public-private blockchain, Samsung investing in crypto projects Samsung is investing in crypto projects. Through Samsung Ventures, the electronics giant channeled $2. дальше »
2019-4-28 19:00 | |
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XRP: Over 150 million XRP transactions registered on April 26, Bitfinex the most common sender
The clampdown of the cryptocurrency market by the bear attack seems to be unfounded if one takes the example of XRP movement across wallets and exchanges. XRP, the third largest cryptocurrency has not had a massive bull run in 2019 yet, even when its compatriots saw a significant rise in values. дальше »
2019-4-28 14:30 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Crypto Hardware Wallet Ledger Receives $2.9 Million in Funding from Tech Giant Samsung
Ledger is a popular hardware wallet manufacturer for cryptocurrency, and it looks like they are attracting the attention of major tech giants outside of cryptocurrency as well. Samsung decided to make a major investment in the company in the form of 2. дальше »
2019-4-25 16:14 | |
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EOS Price Heads to $5 Despite Hitting 1 Million Account Milestone
Even though Bitcoin still shows no signs of slowing down, the top alternative markets wouldn’t mind to see things turn around ever so slightly. More specifically, all of the top altcoins are still in the red, with the EOS price drifting slightly lower every hour. дальше »
2019-4-24 10:43 | |
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Blockchain Art Registry Startup Artory Raises Over $7 Million in Funding for Artwork Network
Art-centric publication the Art newspaper has revealed that blockchain based art registry startup Artory has raised more than $7million in series A funding round. There are many investors which even includes an early Spotify investor. дальше »
2019-4-23 18:30 | |
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Elon Musk’s roadmap for Tesla robo-taxis in 2020 is riddled with potholes
Tesla CEO Elon Musk is no stranger to grandiose claims. For more than 15 years, Musk has made it a habit to make outlandish predictions and seemingly impossible proclamations about his company’s capabilities, at times to the detriment of their customers. дальше »
2019-4-23 16:12 | |
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21-Year-Old SIM-Swapping Mastermind Is Jailed for 10 Years
Joel Ortiz, the 21-year-old student who was accused of stealing over $7. 5 million in digital assets via a SIM swapping operation, has been sentenced to 10 years in prison. дальше »
2019-4-23 15:27 | |
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Corrupt Russian agents arrested over $1M Bitcoin extortion scheme
Law enforcers from around the globe seem to finally be getting up to speed with tackling cryptocurrency crimes. But it seems the lure of Bitcoin is still too much for some, even for those that should be protecting citizens from cyber-criminals. дальше »
2019-4-23 15:14 | |
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Bitcoin’s Path to Retake $20,000 Could Be Slow and Painful: Analyst
By CCN: John McAfee continues to trumpet a bitcoin price that will hit $1 million by the end of the decade. He isn’t even afraid of betting his manhood on the same. Nonetheless, crypto bears keep coming back to spoil the party. дальше »
2019-4-20 02:59 | |
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Bitcoin (BTC) Sentiment is Bullish But is $98 Million Even Possible?
Bitcoin prices trading above $5,000 as bulls reject lower lows A Bitcoin holder projects BTC to hit $98 million in 20 years Although prices are down, sliding from $5,500 after peaking mid this week, candlesticks, as well as fundamental factors, favor Bitcoin (BTC) bulls. дальше »
2019-4-13 21:00 | |
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Bithumb Announces External Audit Following $180 Million Hack and Bear Market
The bear market took its toll on every part of the crypto industry from miners to traders and several companies reported losses for that period and were forced to close down or let go of staff. Even as the market seems to be making a steady recovery, the effects of the slump are still being […] дальше »
2019-4-12 00:01 | |
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Litecoin Price Watch: Could LTC Value Slide Back to $70 or Lower
Today's Litecoin (LTC) News Thing is, Litecoin is on a roll and up 4.5X after bottoming out in mid-January. From $20 to $85 at the time of press an impressive feat but even so, there is this argument that Litecoin, despite the $5,183 million capitalization and a founder with no holding of the fifth most […] дальше »
2019-4-11 16:03 | |
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Western Union Partners With Crypto Wallet for Cross-Border Transfers
Crypto wallet provider Coins. ph has partnered with U. S. financial service company Western Union to enhance cross-border transfers to the Philippines. The partnership will grant over 5 million Coins. дальше »
2019-4-10 00:19 | |
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$54 Million Tree-Hugger Scam Lands Prison Time for Clinton Honoree
Okay, Green New Deal supporters. You’re on notice that this widely-pitched effort has a predecessor that preyed on people who fell for a bogus company that touted clean energy solutions. Its sinister founders even managed to hoodwink former President Bill Clinton. дальше »
2019-4-10 19:11 | |
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Bitcoin at $5,000: What Has Changed Since 2017
This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019. дальше »
2019-4-4 18:42 | |
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Massive Bitcoin Exchange Hack Exposes Bithumb’s Arrogant Disregard of Security
In another blow to the crypto industry’s reputation, South Korean bitcoin exchange Bithumb was hacked again on Saturday morning. The hack marks the second time the exchange has been successfully penetrated in less than a year. дальше »
2019-3-31 20:30 | |
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After Massive TRON and Crypto Community Backlash, CEO Awards Tesla Prize to Both Original and Current Winners
By now, most people know about the giveaway that TRON CEO Justin Sun promised to users, giving them a chance to get a brand-new Tesla. The giveaway, known as the “global appreciation campaign,” was worth $20 million, and even went as far as to choose a winner on Twitter. However, he backtracked on the promise, […] дальше »
2019-3-30 01:22 | |
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$9 Million Bitcoin Scam Defrauded More Than 250 Victims
Jon Montroll, the man behind BitFunder and WeExchange, was charged with fraud last February. He pleaded guilty last July, and will be sentenced in April. Montroll reportedly hid the theft of over 6,000 BTC from his platform in 2013, and went to great lengths to hide the hack – even lying to investigators. дальше »
2019-3-29 19:40 | |
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