North Korea denies accusations that it stole $2 billion in crypto from banks and exchanges. North Korea is denying accusations of obtaining $2 billion through hacking banks and cryptocurrency exchanges. North Korea accuses the United States of spreading rumours On Sept. 1, the country’s official state media, the Korea Central News Agency (KCNA) denied allegations […]
Continue Reading
Bitwala launches smartphone Bitcoin banking app for customers in 30 European countries. On Aug. 29, German blockchain-based banking startup, Bitwala, announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading. Open an […]
Continue Reading
The suspect behind the massive Capital One data breach also allegedly hacked cloud customers’ servers to mine cryptocurrency for herself. The individual accused of perpetrating a massive-scale hack of credit card issuer Capital One also allegedly hacked cloud customers’ servers to mine cryptocurrency for herself. Court filings published on Aug. 28 reveal that Paige A. […]
Continue Reading
U.S. court cases against crypto and blockchain firms are inconclusive, but international cases appear to be showing clear support for cryptocurrency. Over the last 24 months, all major legal systems have been floundering to develop a regulatory framework that can be applied across the blockchain industry. This lack of a standard foundation has led to […]
Continue Reading
North Korea: A history of crypto use and misuse on behalf of one of the most controversial regimes in the world. Could they be behind most crypto hacks? For many years now, the media periodically reports news regarding the alleged mischiefs pinned on the North Korean hackers that are seemingly detriment to target fintech businesses. […]
Continue Reading
The Norwich Crown Court sentences Elliot Gunton to 20 months in prison for supplying online personal data and hacking services in exchange for cryptocurrency. Elliot Gunton, aged 19 and of Mounteney Close in Norwich, pleaded guilty to supplying online personal data and hacking services for cryptocurrency. A hacker for hire A press release published on […]
Continue Reading
Cyber criminals have netted $4.3 billion from digital currency exchanges, investors and users in 2019, according to a CipherTrace report. Cyber criminals have netted $4.3 billion from digital currency exchanges, investors and users in 2019. Blockchain security company CipherTrace gave its summary crypto-related theft in its Anti-Money Laundering report that it shared with Cointelegraph on […]
Continue Reading
Naughty North Korea has stolen billions in crypto, India could be missing out on billions in crypto, and Litecoin’s halving disappoints. U.S. Federal Reserve launching payment system, crypto bulls nonplussed The United States Federal Reserve left some crypto enthusiasts unimpressed this week when it unveiled plans to release a real-time payments and settlements service. Known […]
Continue Reading
Binance allegedly fell victim to security breach recently that saw the miscreant make off with a lot of the firm’s sensitive KYC data… On Aug. 7, Binance, the world’s largest cryptocurrency exchange (by daily trade volume), fell victim to a hacking scandal that saw the miscreant allegedly gain possession of a huge chunk of the […]
Continue Reading
Computer analysts have found a new type of virus — a remote-access trojan — that targets cryptocurrency users. Computer analysts at cybersecurity firm Zscaler ThreatLabZ have found a new type of trojan that targets cryptocurrency users. In a blog post published on Aug. 8, the company reveals that it identified a new remote-access trojan (RAT) […]
Continue Reading