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A special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities has shrunk to about 10 percent from 90 percent previously. This finding contradicts the popular perception of the cryptocurrency’s primary use. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Data From DEA … Read more
Hackers and other online criminals will continue to pay close attention to Bitcoin and other cryptocurrencies. In London, police officials arrested one particular hacker and seized $667,000 worth of Bitcoin in the process. It remains unclear what will happen to the confiscated Bitcoins, although it seems likely they will be auctioned off. Another Bitcoin-related Arrest … Read more
In the world of cryptocurrency, masternodes play an increasingly important role. They incentivize coin holders to lock up vast amounts of a specific currency and provide valuable services to the network in the process. However, there are some concerns when setting up such masternodes, especially when it comes to people who do so for others. Criminals Target Masternode Newbies … Read more
On Monday April 16, the Philippines opposition senator Leila M. de Lima asked her fellow bureaucrats to push the passage of the cryptocurrency bills she helped frame. The proposed bills aim to introduce a harsher penalty towards criminals who use cryptocurrencies during illegal activities. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines Lawmaker … Read more
When Telegram announced they would host an initial coin offering, the media attention was overwhelming. Now that most of this funding has concluded successfully, it has become apparent that the company raised a lot of money in the process. At the same time, there is a fake Telegram company registered in the UK which raises a … Read more
Scams are nothing new in the world of cryptocurrency. Some of these ventures prove to be very professional and elaborate, whereas others are clearly low-effort projects. It seems a new scam is making the rounds through a physical letter, which threatens to expose people’s bad behavior unless they cough up a lot of money in … Read more
Various websites have integrated cryptocurrency mining code on their platforms in the past few months. Some companies are rather open about it, whereas others have done so in a rather sneaky manner. Moreover, it seems some sites contain such code because other people hacked their backends and made unauthorized changes in the process. Various Australian government websites have suffered such … Read more
