REvil’s ransomware group begins campaign of leaking sensitive data from three companies. Ransomware group REvil has launched another series of attacks targeting three companies in the U.S. and Canada. As of press time, they have leaked data from two of the companies, and threatened to disclose sensitive data from the third. The companies are well-known […]
Continue Reading
The utopian idea of universal basic income — which has been with humanity for at least half a millenia — can become real with digital currency. Due to the crisis caused by COVID-19, millions of people have lost all or part of their income. To support them, governments have been giving out money to victims. […]
Continue Reading
A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000. Robert Farkas, the founder of a cryptocurrency firm Centra Tech that raised more than $25 million from its initial coin offering scam, pled guilty in a federal court in Manhattan on […]
Continue Reading
The U.S. Treasury added six Nigerian individuals to its sanctions list for alleged cybercrimes. The office of Foreign Assets Control of the U.S. Department of the Treasury announced on June 16 the addition of six Nigerian individuals to the sanctions list for cybercrimes. According to the official announcement, Nnamdi Orson Benson, Abiola Ayorinde Kayode, Alex […]
Continue Reading
Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin that Dr. Wright claims were stolen from the exchange, citing expert support. Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin (BTC) that Dr. Wright lays claim to was stolen from the exchange in March 2011. Cryptocurrency experts side with Karpeles. Bitcoins […]
Continue Reading
The Advertising Standards Authority and the Internet Advertising Office joined forces to launch a system to remove scam ads. The United Kingdom Advertising Standards Authority (ASA) and the Internet Advertising Office (IAB) launched a new system on June 16 to detect and remove online fraud ads. According to the Telegraph, the system will allow people […]
Continue Reading
Civil lawsuits against telecom providers such as AT&T are becoming commonplace as the number of SIM swap hacking scandals rises. On June 11, it came to light that California resident Richard Yuan Li had been charged with conspiracy to commit wire fraud for his role in a number of SIM swap attacks that targeted at […]
Continue Reading
Fireblocks will now utilize Chainalysis’ Know Your Transaction tool to streamline compliance and Anti-Money Laundering measures. Blockchain analysis company Chainalysis is partnering with institutional digital-asset security specialist Fireblocks to integrate its Know Your Transaction (KYT) system to monitor crypto transactions within the platform. According to an announcement on June 15, the addition will strengthen Fireblocks’ […]
Continue Reading
YouTube seems to continue its shadow crackdown on cryptocurrency coverage, as it shuts down the official channel of Roger Ver’s Bitcoin.com. YouTube has shut down the official channel of cryptocurrency news-focused website Bitcoin.com for “a violation of YouTube’s Terms of Service”. According to a statement Bitcoin.com executive chairman Roger Ver uploaded to Reddit earlier today, […]
Continue Reading
The Bitcoin uptrend could be in peril, QuadrigaCX described as a “Ponzi scheme,” and Coinbase is punished for outages. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week […]
Continue Reading