UpBit Exchange Phishing Email Scam Came From North Korea, Source Claims

A security firm analyzing the content of the emails believes a Pyongyang hacker group masterminded the scheme. Hackers from North Korea were behind a phishing scam targeting users of South Korean cryptocurrency exchange UpBit, Korean-language cryptocurrency news outlet CoinDesk Korea reported on May 29. According to findings by local cybersecurity firm East Security, the scam […]

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Stellar Node Outage Causes Two-Hour Complete Transaction Freeze

Critics raised questions over decentralization after trusted nodes disabled the entire network from finding consensus. Blockchain network Stellar (XLM) stopped confirming transactions for two hours on May 15, executives confirmed following a user post on social media. Stellar, whose lumens token is currently the eighth-largest cryptocurrency by market cap, went down entirely for around 110 […]

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Scammers, Satoshi and Tesla Miners: Elon Musk’s Complex Relationship With Crypto

Tesla CEO said that Bitcoin’s structure is “quite brilliant.” Last week, technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant,” adding that digital currency is “a far better way to transfer value than pieces of paper.” Notably, that was perhaps the most straightforward comment on cryptocurrencies and blockchain from […]

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Cricket South Africa Briefly Falls Victim to $70,000 Bitcoin Twitter Scam

The cricket organization’s official Twitter account was compromised for several hours, but attackers appeared to make just $70. South Africa’s national cricket organization briefly fell victim to scammers on Twitter and began offering a fake Bitcoin (BTC) lottery, Indian daily news outlet Indian Express reported on Jan. 14. Cricket South Africa (CSA), which has over […]

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