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Mt. Gox Victims Must Go To Tokyo, Not US

The Mt. Gox exchange hacks still lurk in the air despite its implosion four years ago in 2014. The United States District Court for the Eastern District of Pennsylvania determined recently it doesn’t have jurisdiction in a case that involves Gox victims and a closely associated bank, in effect condemning the victims to redress their problems at the scene of the crime which is in Tokyo, not the US. дальше »

2018-9-13 13:30


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Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules

Since its implosion back in 2014, the Mt. Gox exchange hacks continue to loom large within the cryptocurrency ecosystem. The U. S. District Court for the Eastern District of Pennsylvania determined recently it does not have jurisdiction in a case involving Gox victims and a bank closely associated, in effect condemning victims to redress their grievances […] The post Mt. дальше »

2018-9-13 09:40


Cryptocurrency Exchanges Are Fundamentally Flawed: Imperfections To Fix?

The Mt. Gox disgrace which took place in 2014 saw the advent of thefts and hacks, which have characterized a number of crypto exchanges, with the most recent occurring early this year. In this particular scandal, approximately $500 million worth of clients’ virtual assets disappeared from Coincheck, a Japan based crypto exchange. Apart from these […] дальше »

2018-9-2 12:15


Bitfi Bitcoin Wallet Withdraws Unhackable Claim Following Series of Hacks

The controversial McAfee-backed Bitcoin wallet, Bitfi, has withdrawn their claim of being “unhackable” from their website following a series of notable hacks. The wallet, which claimed to be the first wallet without any risks of being compromised, was discovered to have a series of security flaws following the release of evidence from cybersecurity researchers. дальше »

2018-9-2 23:00


Hacked Accounts on Crypto Exchanges Rose 369% in 2017, Research Finds

New research has found that crypto hacks are increasing, with a majority of criminal activity originating from the U. S. , according to International cybersecurity firm Group-IB. Poor Security Measures According to Group-IB, hacked accounts rose 369 per cent in 2017 compared to the previous year, with 720 usernames and passwords stolen across 19 of the top exchanges,. дальше »

2018-8-6 19:00


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Millions of webstores can now accept cryptocurrency through Coinbase

Coinbase announcements are dropping faster than exchange hacks these days. It’s just released a brand-new plugin that makes accepting cryptocurrency way easier for millions of websites. The new plugin, spotted by DailyHodl, enables WooCommerce webstores to accept major cryptocurrencies directly into a user-controlled Coinbase wallet. дальше »

2018-8-3 13:43


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Security Researchers Attack McAfee-Backed Wallet for “Unhackable” Claims

With the vast amounts of money going around, it’s no surprise that the greater Bitcoin ecosystem is rife with scams, hacks and cyber attacks of all kinds. Operating in such an environment, cautious users are always mindful of their security and learn to avoid outrageous claims that are sometimes nothing more than just that. дальше »

2018-8-1 06:35


Bitcoin, Ethereum, XRP and other coins to be protected better with the new bill, says South Korean official

On 25th July, South Korean officials made it clear that the country’s governing bodies must come together to enforce cryptocurrency regulations. This comes in the wake of major hacks that has threatened to destabilize the financial markets as well as dissuade people from adopting cryptocurrencies on a larger scale. South Korea is making a steady progress […] дальше »

2018-7-27 23:34


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Will Cryptocurrency Custody Services Fuel Institutional Demand?

Demand for secure cryptocurrency storage services is increasing. Meanwhile, investment managers and exchanges are creating services to meet the demand. Will this, in turn, encourage more high-net-worth and institutional investment in cryptocurrencies?  Traditional and high-value investors may still be wary of cryptocurrency exchanges, especially considering the frequency of major hacks. дальше »

2018-7-22 20:00