Bitgrail’s founder contributed to $150M loss, Italian authorities allege

Bitgrail’s founder Francesco Firano is accused of fraud related to the massive hack back in 2018. Italian authorities have found Bitgrail’s founder responsible for fraudulent activity related to the platform’s $150 million hack in 2018. Francesco Firano, the sole director of now-defunct cryptocurrency exchange Bitgrail, is accused of taking over customer funds prior to reporting […]

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Understanding Directed Acyclic Graphs in the Blockchain Landscape

DAGs present an encouraging approach, aimed to improve the existing speed, scalability and cost issues of blockchain technology. The more time you spend in the blockchain and cryptocurrency industry, the more you encounter some fairly arcane technologies and their accompanying terminologies. Blockchain technology, which started out as a simple immutable record composed of blocks of […]

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Kraken Discovers Supply Chain Attacks Against Ledger Wallets

Hardware wallet Ledger is allegedly vulnerable to two new attacks, Kraken exchange warned. Kraken, a major United States-based cryptocurrency exchange, has identified new potential attacks against the popular hardware wallet, Ledger. Kraken Security Labs, the exchange’s cyber security division, has discovered two new attack vectors that could compromise the security of Ledger Nano X wallets. […]

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