Binance claims to have assisted British police in investigating an online fraud exposed to 500,000 potential victims. Binance claims to have assisted British prosecutors in an investigation of an online fraud that resulted in over $51 million losses by victims. Criminal is now jailed On Sept. 26, Binance’s chief compliance officer Samuel Lim published a […]
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Crypto users are still at the mercy of the controls and processes of exchanges, wallets and payment services. The power of cryptocurrency payment service providers is under the spotlight after a $100,000 donation to an Amazon rainforest charity was blocked last month. American cryptocurrency payment service provider BitPay reportedly blocked a Bitcoin payment from charity […]
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Israeli cybersecurity startup GK8 developed the world’s first internet-free system for transacting cryptocurrencies. Israeli cybersecurity startup GK8 has reportedly developed the world’s first offline system for transacting cryptocurrencies. The new system uses GK8’s proprietary cryptographic techniques that enable instant blockchain transactions of digital assets without any need for an internet connection, Israeli business news publication […]
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North Korea is reportedly in the early stages of developing its own Bitcoin-like cryptocurrency to avoid international sanctions. A North Korean representative reportedly said that the country is in the early stages of developing its own Bitcoin (BTC)-like cryptocurrency. North Korea trying to evade international sanctions On Sept. 18, Vice news reported that the Democratic […]
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Two threat analysts recently stumbled upon Skidmap, new Linux malware that keeps its cryptocurrency mining operations hidden. Two threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden. On Sept. 16, Augusto Remillano II and Jakub Urbanec revealed in a post on Trend Micro, a security intelligence blog, that they […]
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The U.S. announces further sanctions against three North Korean state-sponsored hacker groups, responsible for North Korea’s malicious cyber activities. The United States Treasury Department announced further sanctions against three North Korean state-sponsored hacker groups, responsible for “North Korea’s malicious cyber activity on critical infrastructure.” Continue to enforce existing U.S. and U.N. sanctions against North Korea […]
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The U.K. arm of cryptocurrency exchange Coinbase settled a lawsuit with a man who lost 80 Bitcoins in an email phishing attack. The United Kingdom arm of cryptocurrency exchange Coinbase settled a two-month legal battle with a man who lost 80 Bitcoins (BTC) in an email phishing attack. Stolen Bitcoin diverted to Coinbase On Sept. […]
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Zero Hash, a FinCen-regulated crypto-focused calculation and settlement agent, has added support for derivatives. Zero Hash, a calculation and settlement agent and subsidiary of cryptocurrency platform Seed CX, has added support for derivatives. According to a press release published on Sept. 11, Zero Hash now allows the settlement of bilateral derivatives transactions and supports settlement […]
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The United States’ National Security Agency is allegedly working to develop a quantum-resistant cryptocurrency, a Bloomberg reporter has claimed. The United States’ National Security Agency (NSA) is allegedly working to develop a quantum-resistant cryptocurrency. The claim was made in a tweet by Bloomberg Technology reporter William Turton on Sept. 4, who was in attendance at […]
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Tracking service Whale Alert has announced a partnership with BitcoinAbuse to better identify and track scams, hacks and other crypto crimes. Whale Alert and BitcoinAbuse are teaming up to fight crypto crimes together. Fighting scammers On Sept. 3, Whale Alert, a service dedicated to tracking large cryptocurrency transactions, announced that it will start collaborating with […]
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