Ethereum’s Buterin: Misapplication of Blockchain Tech Leads to ‘Wasted Time’

Ethereum cofounder Vitalik Buterin said that the misapplication of blockchain tech in areas where it is not needed can lead to “wasted time.” Ethereum cofounder Vitalik Buterin said that the misapplication of blockchain technology in some industries leads to “wasted time” in an interview with business news outlet Quartz published Nov. 26. Speaking at the […]

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SIM Swapping Becomes Increasingly Popular in California, Police Make It “High Priority”

Here is how crypto fraudsters’ new favorite scheme works. On November 7, a security news and investigation blog KrebsOnSecurity published an interview with REACT Task Force, a California-based law enforcement group dedicated to fighting cybercrime. As per the article, members of REACT consider “SIM swapping” one of its “highest priorities” in a bid to fight […]

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U.S. Law Firm Files Claims Against AT&T, T-Mobile Over SIM Swap-Enabled Crypto Thefts

U.S. crypto investor law firm Silver Miller has filed arbitration claims against telecoms giants AT&T and T-Mobile on behalf of crypto holders who suffered thefts due to “SIM-swaps.”   U.S. crypto investor law firm Silver Miller has filed arbitration claims against telecoms giants AT&T and T-Mobile for “SIM-swap”-related thefts, according to a press release published […]

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IBM and Seagate Launch Blockchain-Based System to Fight Counterfeit Hard Drives

IBM and data storage firm Seagate have announced a joint initiative to fight counterfeit hard drives using blockchain technology. IBM and data storage firm Seagate have announced a joint initiative to fight counterfeit hard drives using blockchain technology, according to a press release shared with Cointelegraph Nov. 8. The project will reportedly use IBM’s Blockchain […]

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