A database of 129 million Russian car drivers is being exposed on the darknet for just 0.3 Bitcoin or about $2,900. The major cryptocurrency, Bitcoin (BTC), continues to be actively used for illicit activity. Anonymous hackers have taken the data of over 129 million Russian car owners to expose it on the darknet in exchange […]
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SK Telecom released the world’s first 5G phone with a blockchain-powered ID authentication service incorporated. Samsung and SK Telecom, a South Korean mobile carrier, unveiled the world’s first 5G smartphone equipped with blockchain-powered ID authentication. The phone, called “Galaxy A Quantum”, has a quantum random number generation chipset developed in partnership with Samsung Electronics. The […]
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Crypto.com has secured what it claims is the largest insurance coverage in the industry, following a surge in new users and volumes over recent months. Crypto.com has secured a $100 million direct insurance policy provided by Arch Underwriting at Lloyd’s Syndicate 2012. Per a May 11 announcement, the new policy brings Crypto.com’s total coverage to […]
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Binance froze ETH previously stolen from Upbit immediately after the suspicious transaction was reported. An address associated with the $50 million hack of South Korean crypto exchange, Upbit, has moved some of the stolen Ethereum (ETH) to Binance. The world’s biggest exchange immediately froze these funds on its platform, and has initiated an investigation. On […]
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Crypto companies, intelligence firms and law enforcement agencies team up to fight human trafficking through data sharing and educational awareness. It may seem like an unlikely combination, but crypto companies and law enforcement agencies are joining forces to combat a major global crime: human trafficking. The Anti-Human Trafficking Intelligence Initiative (ATII) launched a cryptocurrency consortium […]
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Bitcoin suffers a “halving dump” after testing $10,000, what the event means for miners, and the latest predictions of where prices will be in 2021 and beyond. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading […]
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A $5 million hack that has baffled investigators in Brazil was thwarted with assistance from local OTC trading desks. A $5 million online heist in Brazil targeting Spanish multinational financial institution, Banco Santander was thwarted after the funds were seized with local over-the-counter (OTC) crypto exchanges. The perpetrators immediately moved to convert the stolen funds […]
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Experts weigh in on the ongoing gold vs. Bitcoin debate: Which asset is more capable in these current times? Is gold faltering as a safe haven? A Coinbase blog post from May 1 suggested that several months into the COVID-19 pandemic, gold’s market efficiency vis-à-vis Bitcoin (BTC) could be slipping. “Bitcoin and gold are fundamentally […]
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Belgium’s economic inspectorate reported $3.2 million in losses due to cryptocurrency fraud in 2019. Global losses from cryptocurrency fraud and theft surged massively in 2019, doubling from 2018. Despite multiple efforts to tackle fraudulent crypto schemes, countries like Belgium continued to suffer losses to crypto fraudsters. According to a May 8 report by Belgian newspaper […]
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A ransomware gang is threatening to release almost 1TB of private legal secrets from the world’s biggest music and movie stars. The private legal affairs of dozens of the world’s biggest music and movie stars — Lady Gaga, Elton John, Robert DeNiro, and Madonna among them — are at risk of exposure following a ransomware […]
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