South Korean Court: Exchange Must Cover User’s Stolen Cryptocurrency
A district court in Seoul has ruled that cryptocurrency exchange CoinOne must partially cover an investor’s hacked funds Go to Source Powered by WPeMatico
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In the Daily: Riotx Exchange, Monacoin Hacker, Coinflex Investors
In this edition of The Daily we cover a planned U.S. regulated cryptocurrency exchange from Riot Blockchain, the arrest of a hacker in Japan who allegedly stole 15 million yen of monacoin, and a couple of new investors in Coinflex. Also Read: US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro Riotx Exchange Details Riot … Read more
In the Daily: Coinhive Closedown, Eos Heist, Crypto Entrepreneur Arrested
In this edition of The Daily, the creator of the in-browser crypto mining software Coinhive is closing down due to the low prices of monero and its forks. Also, $7.7 million of Eos has been stolen by a hacker and the crypto entrepreneur behind the money-throwing stunt in Hong Kong last year has been arrested … Read more
Crypto-Stealing SIM Swapper Pleads Guilty, Gets 10 Years in Prison
Joel Ortiz, a college student who allegedly stole cryptocurrency worth over $5 million, has pleaded guilty and accepted a 10-year prison sentence. Ortiz was arrested last year and accused of hijacking the phone numbers of around 40 people. He is now the first person to be sentenced for the crime, commonly known as SIM swapping. … Read more
The Daily: Twitch Gamer Tipped $70K in Crypto, Hacker Returns $100K of ETC
In this edition of The Daily, a video gamer streaming on Twitch has received crypto donations totaling over $70,000 and a hacker believed to be behind the 51 percent attack on the Ethereum Classic blockchain has reportedly returned $100,000 in ETC coins. Also, Electrum developers have issued another series of warnings about phishing attempts using … Read more
Bitcoin History Part 7: The First Major Hack
Hacks and heists have been a threat for as long as bitcoin has been worth stealing. By 2011, as Bitcoin was easing into its second year of life and its first bubble, early cryptocurrency exchanges were bringing liquidity and price discovery to the nascent ecosystem. At the same time, they were providing an outlet for … Read more
Infamous Hacker George Hotz Calls Bitcoin Cash the ‘Real Bitcoin’
Well-known American hacker George Hotz, also known as Geohot, has been talking extensively about cryptocurrencies lately, and more specifically about bitcoin cash. On Wednesday, Oct. 17, Hotz published a cryptocurrency programming video using bitcoin cash and showed people how to send a BCH transaction from scratch using the Python programming language. Also read: BCH Devcon Streamlines … Read more
Google Security Expert Warns Against Bitcoin Bragging Online
Mark Risher, Google’s director of product management, Google Identity, account security, and spam & abuse, recently urged cryptocurrency investors not to brag about their virtual currency holdings online. Also Read: Netherlands’ Largest Bank ING Group Fined $900M for Money Laundering Google Security Expert Cautions Traders Against Boasting Online In a recent interview with CNBC, Google security … Read more
New Information Heightens Satoshi Nakamoto Mystery
For close to ten years many people have been on the hunt for the elusive Satoshi Nakamoto, creator of the decentralized technology called Bitcoin. This year the race to find the anonymous character, or group of individuals, who designed the peer-to-peer electronic cash system has been hotter than ever with more clues left behind — … Read more
Privacy and Access: Meet “Eijah”, the Hacker Behind Promether
Cryptography inspires all types of people to create. One such creator is Eric Anderson, the founder of a decentralized privacy platform called Promether. He and his team are currently building a secure messaging system called Contact to run on top of this platform. Eric, known as “Eijah” in the hacker community, left his role as … Read more
