A hacker who received 17 Ethereum domain names during the Ethereum Name Service’s auction returned them for hefty compensation. The hacker who stole 17 Ethereum domain names during the Ethereum Name Service’s (ENS) auction decided to return them all. The promise of hefty compensation On Oct. 4, digital-collectibles marketplace OpenSea said that all of the […]
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Hacker bounties: Who are the biggest spenders, why companies need them, and are they really needed? Crypto companies often find out the hard way that hackers know their security systems better than they do. As hacks in the crypto world can and often do result in hundreds of millions of dollars worth of tokens being […]
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“I’d rather have bananas,” says billionaire technology investor Mark Cuban about gold and Bitcoin. Billionaire technology investor Mark Cuban said that he would be happier owning bananas than Bitcoin (BTC). Cuban made his remarks in a video Q&A published on YouTube by technology news outlet Wired on Sept. 27. During the Q&A session, he answered […]
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Fusion Network’s swap wallet was compromised, resulting in roughly a third of FSN tokens stolen. Fusion Network’s token swap wallet was compromised. Roughly a third of FSN tokens was stolen as a result. Fusion Foundation announced in a Medium post published on Sept. 29 that its swap wallet was compromised, which resulted in the theft […]
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After long-standing limits, new advances in custodial solutions for Bitcoin are enabling larger financial institutions to enter the market. Bitcoin (BTC) has a unique advantage: self custody, which the traditional financial system cannot compete with. It is important that the Bitcoin ecosystem maximizes this competitive advantage in order to compete with the legacy system. Custodial […]
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Court rules that CoinOne exchange must compensate hacked investor 25 million won. A South Korean court ruled on Sept. 25 that the CoinOne cryptocurrency exchange must reimburse 25 million won ($20,800) to an investor after he was hacked. The attacker used the investor’s personal login and password to steal 45 million won, while a daily […]
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Advisory firm Valley Capital Partners has invested $3 million into encryption platform-as-a-service StrongSalt. Advisory firm Valley Capital Partners has invested $3 million into encryption platform-as-a-service StrongSalt. Per a Sept. 26 press release, StrongSalt raised $3 million from Valley Capital Partners in a seed round to further develop its encryption platform designed for developers and enterprises. […]
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A cryptocurrency insurance policy covering theft and loss has been launched by Cardiff-based crypto-insurance startup Coincover. Cardiff-based cryptocurrency insurance startup Coincover has launched an insurance policy covering theft and loss. Local news outlet Whales247 reported on Sept. 24 that this is “the first and only service to guarantee digital funds held online will not be […]
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Crypto users are still at the mercy of the controls and processes of exchanges, wallets and payment services. The power of cryptocurrency payment service providers is under the spotlight after a $100,000 donation to an Amazon rainforest charity was blocked last month. American cryptocurrency payment service provider BitPay reportedly blocked a Bitcoin payment from charity […]
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CMCC Global has launched the Liberty Bitcoin Fund, providing custodial services and institutional-level access to Bitcoin. Major Asia’s blockchain-focused venture capital firm CMCC Global has launched a new institutional tracker fund for Bitcoin (BTC). Custody by Hong Kong Stock Exchange-listed firm Called the Liberty Bitcoin Fund, the Bitcoin index fund deploys Anxone, a custodial solution […]
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