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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. дальше »

2019-4-8 12:29


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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. дальше »

2019-4-5 14:11


The Hacking of Dragonex: What’s The New Call for Better Exchange Security Look Like?

Security breaches to online cryptocurrency exchange platforms is not new. Infact, many hackers specifically devote their time, energy and resources in targeting exchange with big assets to attack and this act calls for improved awareness and cryptographic innovations that would protect blockchain platforms from such malicious attacks. As encrypted as the blockchain system is, it […] дальше »

2019-4-5 01:05


Korean Startup Develops Content Sharing Platform With a Built-In Copyright Protection System

New Korean-based startup ContentsDeal is addressing the issue of copyright infringement by launching a distributed content streaming application with an automated payout system on the blockchain. Additionally, the platform offers sharing of online comics, popular in South Korea, as well as video content. дальше »

2019-4-2 09:28