New ‘Hack-Proof’ Security-Centric Phone Features Built-In Bitcoin Wallet

Mobile cybersecurity firm Sikur has unveiled “the first fully encrypted, hack-proof smartphone that can safely store cryptocurrencies.” The phone’s hardware and software were built from the ground up with a dedicated bitcoin wallet and a custom app store for high-security apps. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ‘First Fully Encrypted, Hack-Proof … Read more

Intelligence: Pyongyang Trying to Steal Cryptos before Pyeongchang Olympics

Despite some cracks on the icy surface of inter-Korean relations, caused by the Olympic spirit, tensions on the silent crypto front in Korea remain high. South Korean intelligence has informed lawmakers in Seoul that the North keeps trying to hack cryptocurrency exchanges south of the DMZ. Cryptos worth billions of won have been stolen by … Read more

IOTA Attacked for Subpar Wallet Security Following $4m Hack

The IOTA project is again the target of public anger and criticism. This time the issue is a feature of the technology that apparently allowed scammers to steal around $4 million from many unsuspecting users. Also Read: U.S. Rating Agency to Issue Bitcoin and Cryptocurrency Grades Wednesday Poisonous Seeds IOTA, the network behind the 11th … Read more

Bitcoin Cash Reddit Tip App Users Hacked for Thousands

An ongoing investigation has revealed multiple allegations that hot wallets from users of popular subreddit r/btc were hacked through Tippr, resulting in thousands of dollars worth of bitcoin cash (BCH) stolen. Early theories assumed this to be a new low in the so-called Civil War between supporters of bitcoin core and BCH.  Also read: African … Read more

Bittrex Wallets Are Taken Offline as Companies Scramble to Patch the Intel Bug

On Wednesday, the tech world was rocked by revelations of a computer chip vulnerability that exposes critical data. Meltdown and Spectre are the names assigned to the newly discovered flaws which primarily affect Intel chips. From a security perspective, the bug concerns everyone who uses an Intel-powered device to connect to the internet, which is … Read more

Korean Cryptocurrency Exchange Youbit to Close After Second Hack in a Year

South Korean cryptocurrency exchange Youbit has revealed plans to file for bankruptcy. The decision to close operations follows announcements that the exchange was hacked for the second time this year. Also Read: More Firms Entering the Bitcoin Market See Stocks Soar    Second Accident in a Year Youbit announced on its website on Tuesday that it … Read more