Cybercrime is a problem; there’s no sugarcoating the truth, but when it comes to cryptocurrency, it appears this crime is occurring on unprecedented levels. According to a new report released by Moscow-based cybersecurity firm Group-IB, nearly $900 million has been stolen from digital currency exchanges by hackers over the last two years. In addition, investors
Advertisement U.S. investors and Japan’s Mizuho Bank have jointly asked a federal court in California to stay a case in which the financial institution is being sued for creating transaction difficulties for users around the time of Mt Gox’s collapse. According to Reuters, lawyers for the plaintiffs led by Joseph Lack and the defendant are
Exchanges Traders hope and expect the exchange they’re trading on takes security seriously. But while all crypto platforms pay lip service to good cybersecurity practices, many fail at even the most basic measures such as enforcing strong passwords. New research has found 54% of all cryptocurrency exchanges have poor security in at least one area,
This article was originally posted on Cointelegraph – an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen web. Hodler’s Digest: Bakkt announces physical BTC futures, Google takes a second look at its crypto-ad ban To read more from Cointelegraph follow this link.
BLOCK SCHOOL Here at NewsBTC we believe that education and knowledge is fundamental to the wider adoption of cryptocurrencies and growth of the blockchain industry. We will be expanding our education section by delving deeper into some of the machinations and technology behind the blocks. Our weekly articles aim to provide a greater understanding of
25.09.2018 Nobuaki Kobayashi, the civil rehabilitation and bankruptcy trustee of the now defunct bitcoin exchange Mt. Gox has announced a set of measures aiming to secure the interests of bankruptcy creditors, including the sale of large amounts of cryptocurrency for fiat money. According to the document released on Tuesday, September 25, the trustee has offloaded
It has happened again, folks. Several cryptocurrency investors are probably looking at their savings right now and thinking, “What have I done?” as Japanese crypto exchange Zaif confirmed early this morning it was the victim of a hack that saw nearly 6,000 BTC disappear within minutes. That’s roughly $36 million in USD. Another Hack –