Blockchain security firm and wallet service BitGo revealed plans to offer crypto insurance through Lloyd’s of London. Blockchain security firm and crypto wallet service BitGo has revealed plans to offer crypto insurance through Lloyd’s of London, according to a press release on Feb. 19. BitGo Business Wallet clients will be able to acquire insurance for […]
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Coinbase has acquired a London-based blockchain intelligence startup to prevent theft of funds and investigate attacks. United States cryptocurrency exchange and wallet Coinbase has acquired blockchain intelligence startup Neutrino, according to a post published in the company’s blog on Tuesday, Feb. 19. Coinbase reveals that the company will continue to operate as a standalone business […]
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Crime trends in the cryptocurrency space are evolving, as criminals look for innovative ways to steal and launder stolen funds. Two prominent research papers have shed light on the latest crime trends affecting the cryptocurrency community over the past two years. Crypto analytics companies Chainalysis and CipherTrace released reports at the end of January that […]
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The controversially self-proclaimed “Nakamoto” and nChain chief scientist has filed two near-identical comment letters. Controversially self-proclaimed “Satoshi Nakamoto” and nChain chief scientist Craig Wright has reportedly submitted two near-identical comment letters to the United States Commodity Futures Trading Commission (CFTC). Wright filed his two documents on Feb. 15 in response to the agency’s request for […]
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The education platform from Binance launched in December to combat misinformation among crypto users. Cryptocurrency exchange Binance’s education portal has reached the top three most popular products on Y Combinator-backed exposure platform Product Hunt, the website’s listings revealed on Feb. 18. Product Hunt, which launched in 2013 to showcase up-and-coming products and services to mainstream […]
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A look into the Coinbase Wallet’s new feature. On Feb. 12, San Francisco-based cryptocurrency exchange Coinbase announced that users of its Coinbase Wallet can now back up their private keys on cloud storage, namely on Google Drive and iCloud. The move has received mixed reaction from crypto community and cybersecurity experts, some of whom seem […]
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A look into the QuadrigaCX case. For the second week, QuadrigaCX’s crisis remains one of the hottest topics in the crypto world. After the CEO of the Canadian exchange, 30-year-old Geral Cotten, suddenly died, the exchange has allegedly lost access to its cold wallets, where as much as 190 million Canadian dollars ($145 million) in […]
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Turkish police detained 24 people involved in hacking a crypto firm, using an online multiplayer game to communicate. Turkish police have arrested 24 people allegedly involved in a 13 million Turkish lira ($2.47 million) hack from an unnamed crypto firm in Istanbul, local government-backed media Daily Sabah reported on Feb. 12. Following a report of […]
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SIM swapping has come into the spotlight in recent months after a number of high-profile arrests. Cryptocurrency crime trends have been in the spotlight in recent weeks, but SIM swapping has been strangely absent in a number of reports on 2018. Cryptocurrency analytics companies CipherTrace and Chainalysis released two different reports focusing on the major […]
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Canadian cryptocurrency exchange is in hot water. Canadian cryptocurrency exchange QuadrigaCX is in hot water: Following the sudden death of its 30-year-old founder, Gerald Cotten, the exchange has allegedly lost access to its cold wallets, where most of the funds were stored. Now, the exchange has taken to court to avoid the collapse, but some […]
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