Search Results for: hackers
Doubling down on failed policies with central bank digital currencies
August 27th, 2020
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...
Bitcoin climbs above $7,000 as cryptocurrency rally extends
May 13th, 2019
Bitcoin climbed to the highest since September, briefly surpassing $7,000, as a rally in cryptocurrencies gathered pace in trading over the weekend. Bitcoin advanced 11% from Friday to $6,957.73 as of 9:01 a.m. Tokyo time, having earlier hit $7,585, ...
Europe bets on bug bounties in fraud fight
January 8th, 2019
The European Commission (EC) is beginning the new year with a major commitment to fight fraud – and is turning to the world of white hat hackers to help them do it, reports David Penn at Finovate. The EC ...
Bitcoin price crash sparks fears of ‘Massive’ spike in cybercriminal hacking
November 28th, 2018
Bitcoin (BTC) has experienced a troubled couple of weeks as the world’s leading digital asset hit its lowest value since September 2017 this month, sparking fears it could be more vulnerable to hacking from cybercriminals. BTC nosedived in mid-November, ...
One in five people have been defrauded via their credit card in the last year in UK
November 23rd, 2018
One in five (22%) people have been defrauded via their credit card in the last year, according to a survey of 2,000 UK adults commissioned by comparethemarket.com. This equates to 11.4 million people nationwide, highlighting the rising levels of ...
Fake Elon Musk accounts on Twitter promote bitcoin scams, one collects $170K
November 7th, 2018
Several verified Twitter accounts have been hacked to impersonate Elon Musk on, Nov. 5, with one reportedly collecting almost $170,000. After compromising verified accounts, scammers changed the profile name and picture in order to pose as the Tesla CEO. ...
Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You
August 2nd, 2018
Hedge funds go to the Cayman Islands to incorporate. Big companies are generally domiciled in Delaware. And online poker companies often set up their bases in Gibraltar and Malta. Now the race is on to become the go-to destination ...
Operator of shuttered bitcoin exchange pleaded guilty in defrauding investors charges
July 24th, 2018
The operator of a shuttered bitcoin-denominated exchange pleaded guilty on Monday to federal charges that he defrauded investors and lied to US securities regulators investigating the theft by hackers of virtual currency now worth about US$46 million. Jon Montroll, ...
Most notable and costly cryptocurrency hacks and scams
July 16th, 2018
Crypto Aware, a community-focused initiative reporting crypto-related scams, has published a curated list of the most notable Bitcoin and altcoins hacks ever reported. According the report: “Since the inception of Bitcoin in 2009, the development of cryptocurrencies and blockchain ...
Cryptocurrencies fall as Korean Exchange says $32 Million of coins stolen
June 20th, 2018
Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was the victim of a theft, renewing concerns about the safety of digital-asset trading venues. Bithumb, ranked by Coinmarketcap.com as the world’s seventh-largest crypto exchange ...
