Two AT&T employees have been accused of indulging in illegal SIM swap-related activities. Cointelegraph spoke with Seth Shapiro. Over the past week, the global crypto community bore witness to a unique case wherein California resident and blockchain entrepreneur Seth Shapiro filed a lawsuit against American telecom giant AT&T — alleging that a couple of the […]
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Grant Thornton, the firm liquidating hacked New Zealand cryptocurrency exchange Cryptopia, discusses how best to do so with the platform’s developers. Grant Thornton, the firm liquidating hacked New Zealand cryptocurrency exchange Cryptopia, has discussed how best to do so with the platform’s developers. Grant Thorton aims for “collaborative relationship” According to a leaked email from […]
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The liquidator of hacked cryptocurrency exchange Cryptopia claims to have made progress toward securing and preserving funds. Professional services firm Grant Thornton claims that it is progressing in securing and preserving the cryptocurrencies of hacked cryptocurrency exchange Cryptopia. In a press release published on Aug. 21, Cryptopia’s liquidator claims to “have made good progress towards […]
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Chinese police are reportedly taking legal action against decentralized cryptocurrency exchange EtherDelta in connection with an apparent exit scam. Chinese police are reportedly taking legal action against non-custodial token trading platform EtherDelta in connection with an apparent exit scam. The news was reported on Aug. 7 in a series of tweets published by Dovey Wan, […]
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Six crypto exchanges have been hacked so far in 2019. How can cyber attacks be avoided and addressed in the future? Throughout the past six months, seven crypto exchanges have reportedly seen large-scale hacking attacks to the tune of tens of millions of dollars, with the most recent platform to suffer a security breach being […]
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Funds worth an estimated $13 million were successfully shielded from attackers after Komodo reacted to a security vulnerability. Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds, the company confirmed in a blog post on June 5. Security researchers had alerted the company to a vulnerability in its Agama wallet. Realizing […]
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Cryptopia’s liquidator Grant Thornton released an estimation on the financial state of the firm, reporting a total of $4.22 million owed to creditors. The liquidators of now-defunct New Zealand crypto exchange Cryptopia have released the first report on the state of affairs of the firm, according to the documents published on May 31. Cryptopia’s recently […]
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As the Cryptopia liquidation saga continues, new questions emerge about how safe popular exchanges really are. As the cryptocurrency market finds its legs in mid-2019, an unfortunate undercurrent persists vis-à-vis the floundering New Zealand exchange Cryptopia. Its one-time international popularity and solid reputation have already been ruined after the exchange dragged its feet on revealing […]
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Grant Thornton confirmed it was targeting databases in Arizona as part of its efforts to reconcile user holdings. Liquidators of defunct New Zealand cryptocurrency exchange Cryptopia have applied to secure user data stored in the United States as part of refund proceedings, a statement confirmed on May 27. Cryptopia, which suffered a hack in January, […]
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Cryptopia liquidation provides food for thought for potentially unsafe exchanges and their users. It goes without saying that exchanges command significant influence over the cryptocurrency market, being the exclusive portals for fiat into the world of blockchain. Exchanges are also the most significant winners of the cryptocurrency craze, and bank billions by raking in fees and […]
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