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 […]
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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 […]
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The controversial Satoshi Nakamoto candidate says he bought Bitcoin stored in the 1Feex address. Craig Wright, the self-proclaimed Satoshi Nakamoto candidate and chief scientist at NChain, has addressed the recent allegations about him hacking the now-defunct exchange Mt. Gox. Last week, a lead maintainer of Monero (XMR) privacy coin Ricardo Spagni tweeted out court documents […]
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Leaked documents reportedly show the CEO of Canadian crypto exchange Coinsquare orchestrating wash trades to boslet volume. In the latest blow to the embattled Canadian cryptocurrency exchange Coinsquare, reports are accusing the platform’s top executive of orchestrating a wash-trading scheme in clear violation of securities law. Wash-trading refers to an exchange artificially inflating its trade […]
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Craig Wright’s legal team appears to alleged that he controls one of the Bitcoin addresses affiliated with an old Mt. Gox hack. One of the faces of anonymous coin Monero, Ricardo Spagni, also known as Fluffy Pony, tweeted out information indicating Craig Wright’s affiliation with a Mt. Gox-related Bitcoin wallet. “Just so we’re clear, Craig […]
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A Japanese judge ruled in support of the data tampering charges moved against the CEO of now-defunct crypto exchange Mt. Gox. A Japanese judge ruled in support of data tampering charges moved against Mark Karpeles — the CEO of now-defunct crypto exchange, Mt. Gox. At the end of March, Karpeles appealed his conviction on charges […]
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Bug bounties have emerged as one of the key ways for companies to prevent catastrophic hacks. In the past decade, hacking gradually became a respectable and potentially rewarding career thanks to the introduction of bug bounties. While some organizations like Mozilla launched bug bounties all the way back in 2004, major impetus to the industry […]
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A 20-year-old has been charged for his role in dozens of SIM-swap attacks, including an attempt to extort a physician out of 100 Bitcoin. Californian Richard Yuan Li, 20, has been charged with conspiracy to commit wire fraud for his role in SIM-swap attacks targeting at least 20 individuals, as well as the attempted extortion […]
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$1 Billion worth of BTC stolen from Bitfinex in 2016 could be dumped onto the market by the thieves, while apparently a few BTC found their way back to the exchange. Recently, some of the 120,000 Bitcoin (BTC) that were stolen from Bitfinex in 2016 started moving again. Here is what has been happening with […]
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Crypto exchanges — not segregating blockchain addresses — could lead to ownership disputes in the event of insolvency, research says. A recent paper from academics at Leiden Law School suggests that if a crypto exchange or crypto custodian goes bankrupt, investors could well lose control over their stored coins. This happened in Japan’s Mt. Gox […]
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