With only a few days of 2020 left, here’s a look at some of the major disappointments in the crypto industry during the year. While 2020 has been a landmark year for the crypto space, there have been a few notable letdowns. Despite the growing mainstream acceptance of virtual currencies, some governments are still creating […]
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Ledger wallet users face mounting home invasion and other scareware threats as hacker dumps private customer information online. The hacker likely responsible for Ledger’s security breach in July recently dumped a large amount of data exposing the personal information of over 270,000 customers, including phone numbers and physical addresses. The leak also included 1 million […]
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Romania is the first EU country to use a voting reporting tool that is based on blockchain technology for national elections. For the first time in Romania, the recent national parliamentary elections, which were held in November, used blockchain technology with the main purpose to guarantee the integrity of the electoral process and to strengthen […]
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Despite the crypto industry experiencing a major rise in mainstream interest in 2020, the year also saw many prominent crypto personnel apprehended by regulators. Over the past year, many prominent and colorful crypto personalities have been apprehended and arrested. From the jailing of antivirus pioneer John McAfee to the laying of charges against executives from […]
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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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How distributed ledger technologies can help law enforcement agencies to fight crime and money laundering. The problem of spreading cybercrime is becoming more acute today, and developed countries with high gross domestic product rates suffer from it to a much greater extent than developing countries. This is due to the fact that the more advanced […]
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New technology also means new responsibilities. Security is key in the digital age. As internet banking comes of age, so too do new ways of stealing funds. That makes cybersecurity central to modern banking, according to David Leach, JPMorgan Chase’s Asia-Pacific head of cybersecurity and technology controls. “It’s a competitive disadvantage not to have a […]
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Many are calling for Donald Trump to grant clemency to the Silk Road founder before Trump leaves office on Jan. 20. With just 44 days before Joe Biden’s inauguration as President of the United States, players in the crypto space are imploring Donald Trump to use his pardoning power for Silk Road founder Ross Ulbricht. […]
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The Financial Times scorns Nigel Farage for his apparently predictable embrace of libertarian cryptocurrency influencers. The United Kingdom Tory Party’s nemesis, Nigel Farage, has gone “full crypto.” On Nov. 27, Farage sat down for a video interview to discuss all things crypto with Sam Volkering, the editor of Southbank Investment Research, which is, notably, the […]
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The exchange’s pilfered funds are on the move once again. Back in 2016, 119,756 Bitcoin were stolen from the Bitfinex crypto exchange. Some of these coins have continued to move between wallets over the years, including as recently as Monday. Blockchain data shows that an unknown crypto user has moved 270.97974 Bitcoin (BTC) from a […]
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