The story QuadrigaCX founder, who allegedly stole almost $200 million from clients and then reportedly died. Another scam possibly revealed. The crypto community has recently been actively discussing the fate of QuadrigaCX’s 30-year-old founder, Gerald Cotten, who reportedly died in India from a fatal disease in December 2018. However, before the apparent passing, he took […]
Continue Reading
No consumers sent funds to an address promoted via the social network, with Tesco managing to restore order. The largest supermarket chain in the United Kingdom was left red-faced this week after hackers took over its Twitter account to promote a bitcoin (BTC) scam. The news surfaced via IT magazine Bleeping Computer on June 25. […]
Continue Reading
Europol arrests 6 unnamed individuals in the U.K. and the Netherlands under suspicion of involvement in a multimillion-dollar crypto theft. Europol, in conjunction with the United Kingdom’s South West Regional Cyber Crime Unit, the Dutch police, Eurojust, and the U.K.’s National Crime Agency (NCA), has coordinated the arrests of six people suspected of stealing over […]
Continue Reading
In 2019, centralized exchanges and individual hodlers are losing record-breaking sums of digital money to hackers and scammers. Much of digital assets’ appeal stems from the fact that many of them are not affiliated with or controlled by governments, central banks or transnational corporations (at least, not yet). The price paid for the independence from […]
Continue Reading
Bitcoin broke $11,000 for the first time since March last year after another major milestone at $10,000 just yesterday. June 22 — bitcoin (BTC) has crossed the $11,000 line for the first time since March last year today, according to Coin360. The leading cryptocurrency had surged past the $10,000 mark less than 24 hours ago. […]
Continue Reading
The U.S. DoJ unveiled a complaint against an alleged bitcoin-funded investment scam, saying the perpetrator and company are charged with fraud and money laundering. The United States Department of Justice (DoJ) has unsealed a fraud complaint against Swedish citizen Roger Nils-Jonas Karlsson and associated firm Eastern Metal Securities (EMS), according to a press release on […]
Continue Reading
Ethereum’s first stage of transition from a PoW to a PoS consensus is planned to take place on Bitcoin’s 11th genesis block anniversary. The first stage of the Ethereum network’s transition to Ethereum 2.0 is expected to take place on January 3, 2020, as said in a bi-weekly call of Ethereum core developers on June […]
Continue Reading
The U.S. CFTC has filed a complaint against an alleged $147 million bitcoin scam scheme, Control-Finance Limited. The United States Commodity Futures Trading Commission (CFTC) launched action against a reportedly fraudulent $147 million bitcoin (BTC) scheme, fintech news outlet FinanceFeeds reports June 18. On June 17, the regulator reportedly filed a complaint with the New […]
Continue Reading
The personal computers of Coincheck employees have allegedly been found to have been infected by a virus associated with Russian hackers. The personal computers of employees at hacked Japanese crypto exchange Coincheck have allegedly been found to have been infected by a virus associated with a hacker group of Russian origin. The allegation was reported […]
Continue Reading
The Fair Trade Commission originally asked Bithumb and four other platforms to increase liability in 2018. Five cryptocurrency exchanges in South Korea have increased their liability to users in line with demands from regulators. Local English-language news outlet The Korea Herald reported the news on June 17, citing Yonhap News Agency. A year after the […]
Continue Reading