Scams and frauds were still prevalent in 2018 despite a decline in the cryptocurrency market value. 2018 will long be remembered as the start of a significant cryptocurrency bear market, but the declining market still provided opportunities for scam artists to snag unwary investors. Given that 2017 was a breakout year for Bitcoin (BTC) and […]
Continue ReadingCrypto hardware company Ledger has exhibited its new Bluetooth-enabled wallet in Las Vegas. Cryptocurrency hardware wallet firm Ledger has unveiled a new Bluetooth-based wallet today, Jan. 7, according to a press release shared with Cointelegraph. The wallet, called the Ledger Nano X, was shown at the CES 2019 conference in Las Vegas. At the same […]
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Software security researchers have reportedly been able to extract private keys from the Trezor One hardware wallets. Researchers have reportedly shown how they were able to hack the Trezor One, Ledger Nano S and Ledger Blue at the 35C3 Refreshing Memories conference. The demonstration of the hacks was published in a video on Dec. 27. […]
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A former CIA intelligence officer has claimed blockchain represents a greater “threat to America’s national security” than North Korea, Iran or Russia. Andrew Bustamante, reportedly a former CIA intelligence officer, has claimed blockchain is “super powerful stuff” that represents a threat to America’s national security. Bustamante, who specializes in publishing life-hacks based on his knowledge […]
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Cryptocurrency holders in the U.K. can now consult with official guidance on what tax they should be paying on their assets. The United Kingdom tax collection service published its first detailed tax legislation for private cryptocurrency holders Dec. 19 following a lengthy consultation period. Its new policy paper, “Cryptoassets for Individuals,” sets out likely tax […]
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Internet users worldwide have begun receiving emails claiming an armed “mercenary” will blow up their building. A suspected scam which threatens to blow up buildings unless recipients pay a Bitcoin (BTC) ransom caught the attention of the United States’ government Dec. 13. The scam, which centers on anonymous emails demanding payment of $20,000 in Bitcoin […]
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sponsored A new financial blockchain network is offering low-cost, high-speed transactions — and gives users the ability to recover accounts and have these accounts insured. A startup which bills itself as “blockchain’s financial district” has launched its network — and says its debut heralds “the beginning of true financial freedom.” WORBLI enables businesses and individuals […]
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With IoT back in the spotlight, it’s a good time to look at what impact blockchain has on the industry and what challenges there are to overcome. The spotlight was placed back on the Internet of Things (IoT) recently when Bosch, the multinational engineering and electronics company, tweeted on Nov. 12 about their Cross Domain […]
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Despite falling prices of cryptocurrencies, the market remains a soft target for fraudsters. The cryptocurrency wallets made by Trezor have long been considered a standard of the industry and have been trusted as a reliable cold storage of cryptocurrencies by large media, blockchain developers and crypto enthusiasts worldwide. The company prides itself on the quality […]
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The U.S. Department of Treasury has sanctioned two Iranians allegedly involved in Bitcoin ransomware scheme SamSam. The U.S. Treasury Department has sanctioned two Iranians allegedly involved in Bitcoin (BTC) ransomware scheme SamSam, the Treasury reported in an official press release today, Nov. 28. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) […]
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