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Ethereum's Vitalik Buterin calls for adoption of social recovery wallets to fight crypto theft
Ethereum's Vitalik Buterin revealed his thoughts on solving the problem of crypto-wallet security. Undoubtedly, the crypto economy is in need of better security for wallets. Many exchanges now keep a The post Ethereum's Vitalik Buterin calls for adoption of social recovery wallets to fight crypto theft appeared first on AMBCrypto. дальше »
2021-1-12 02:30 | |
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Vitalik Buterin Proposes Social Wallet to Combat Crypto Theft
As crypto theft continues to be on the rise, there seems to be an imminent need to combat the chaos that faces the crypto market. Vitalik Buterin, the latest to speak about this matter, seems to have suggested a lasting solution to ‘crypto theft drama. дальше »
2021-1-11 18:09 | |
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Vitalik Buterin Suggests Social Wallet Solution to Crypto Theft
Ethereum co-founder Vitalik Buterin is still innovating in the industry and his latest suggestion aims to tackle the escalating problem of crypto wallet security. Thefts and losses are some of the major barriers to the mass adoption of cryptocurrencies. дальше »
2021-1-11 11:01 | |
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Bitcoin Trader Robbed During an In-Person Transaction, Kicked Out of Car in Hong Kong
An unnamed 37-year-old man was a victim of a theft from a gang of robbers who fled with 15 bitcoin (BTC), worth HKD 3 million ($387,000) in cash. They had agreed to meet in person for a crypto exchange transaction. дальше »
2021-1-7 09:30 | |
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Three keys are the answer to crypto crime
The innovative solutions offered by Bitcoin Vault’s three keys will put an end to theft in the crypto space, offering users an opportunity to cancel transactions before it’s too late. Cryptocurrency theft has become a relatively common occurrence, with incidents being reported every few days. дальше »
2021-1-1 15:38 | |
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Bulgarian Electricity Company Unveils Details of Historic Power Theft Linked to Illegal Bitcoin Mining
One of the largest exporters of electricity in Europe has revealed details of the most significant theft they have had in history, linked to a massive illegal bitcoin mining farm in a small Bulgarian village. дальше »
2020-12-16 15:05 | |
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Bitcoin theft could rise in post-COVID-19 economy: research
The post COVID-19 pandemic economy might see certain economies crashing and local currencies plummeting, which would make Bitcoin theft "a lot more attractive," according to new research. The study, tThe post Bitcoin theft could rise in post-COVID-19 economy: research appeared first on AMBCrypto. дальше »
2020-12-1 00:30 | |
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Cryptocurrency and Safety Money, Bitcoin Vault Breaks Stereotypes
Cryptocurrency theft has boomed over the past couple of years and this is no hoax. Over USD 1.40 billion was stolen in the first five months of 2020. If thefts continue to rise at this rate, 2020 may well become the second-costliest year in the history of crypto – lagging slightly behind last year’s record […] The post Cryptocurrency and Safety Money, Bitcoin Vault Breaks Stereotypes appeared first on Bitcoin News. дальше »
2020-11-27 12:00 | |
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Man from Dublin jailed for participating in theft of $2 million in crypto
A 21-year-old man from Dublin who took part in the online theft of over $2 million worth of cryptocurrencies has now been imprisoned for just under three years. United States Department of Homeland SThe post Man from Dublin jailed for participating in theft of $2 million in crypto appeared first on AMBCrypto. дальше »
2020-11-18 00:33 | |
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Irish SIM Swapper Jailed for Crypto Theft of Over $2 Million
A 21-year-old Irish man has been jailed for his involvement in a SIM swapping scheme that defrauded individuals out of $2 million in crypto holdings. The Dublin Circuit Criminal Court sentenced Conor Freeman to slightly less than three years of jail time. дальше »
2020-11-18 18:45 | |
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Security Incidents Cost Cryptocurrency Investors $7.6 Billion Since 2011: Crystal Report
Cryptocurrency analytics firm Crystal has published a report detailing all of the major security breaches, fraudulent activity, cyber-terrorism, and scams in the crypto space since 2011. According to the report, since the emergence of cryptocurrency markets, 113 security attacks and 23 fraudulent schemes have resulted in the theft of approximately $7. дальше »
2020-11-12 14:20 | |
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Ex-Microsoft Engineer Handed A Nine-Year Prison Sentence For A $10 Million Criminal Scheme Involving Bitcoin
A former software engineer at Microsoft has been sentenced to nine years in prison after he devised a complex scheme, involving bitcoin, to steal over $10 million from his former employer. Ukrainian national Volodymyr Kvashu, 26, was charged by a Seattle District court with 18 felonies including identity theft and money laundering. According to a […] дальше »
2020-11-11 20:56 | |
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Sharktron Defi Project Devs Exit Scam: Tron Foundation Says Part of Missing Funds Now Frozen
Developers of the Sharktron defi project have exit scammed with reports suggesting that TRX tokens worth up to $10 million are missing. The Tron Foundation has confirmed the theft, but is quick to inform Sharktron token holders that a portion of the missing funds has been frozen. дальше »
2020-11-11 18:57 | |
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Bitstamp Rolls Out New Crime Insurance Policy to Protect Cryptocurrencies Held on the Exchange
Bitstamp, one of the leading crypto exchanges based in Europe, has introduced a new insurance policy against online crypto thefts and other crimes for digital assets held online. The insurance policy comes in the wake of several exchange hacks leading to the theft of millions worth of digital assets. дальше »
2020-10-21 22:23 | |
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Russian National’s Bitcoin Ransomware Trial Begins in Paris
Alexander Vinnik, accused of being the mastermind behind the theft of $157 million in bitcoin, began trial in France on Monday. French prosecutors say the Russian national created the “Locky” ransomware, which forced companies to pay up (usually in bitcoin) or lose their data. дальше »
2020-10-20 20:20 | |
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A recent theft revealed how Robinhood handles crisis
Several Robinhood users recently reported their accounts being liquidated by bad actors who somehow managed to access them. However, their complaints to the app’s team have seemingly been ignored for weeks, as the company showed just how poorly it handles such situations. дальше »
2020-10-10 12:02 | |
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Digital identity is the future, US congressman Bill Foster says
Technology could hold the keys to identity theft protection.
дальше »2020-10-10 20:46 | |
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Botched Bitcoin ATM Theft Destroys Neighborhood Deli
A small city in Canada was shaken when thieves attempted to steal a Bitcoin ATM from a local shop. Though the thieves were unable to remove the machine, they trashed the business. Kelowna is a small Canadian city, the third-largest in British Columbia. дальше »
2020-10-8 21:12 | |
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Kucoin’s Hackers Identified With ‘Substantial Proof’ in $280M Theft, Law Enforcement Involved
Kucoin announced through its CEO Johnny Lyu that they have found the hackers who compromised close to $280 million of the exchange’s funds in last week’s hack. Lyu tweeted this update over the weekend as crypto markets struggled in the red zone following the Kucoin hack, BitMEX indictments, and the news of President Trump contracting […] The post Kucoin's Hackers Identified With 'Substantial Proof' in 0M Theft, Law Enforcement Involved first appeared on BitcoinExchangeGuide. дальше »
2020-10-5 16:16 | |
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US Treasury Sanctions 2 Russians Over $16.8M Virtual Currency Heist
The U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two Russian nationals over the theft of millions of dollars in digital currency. The perpetrators allegedly carried out cyber attacks on three or more cryptocurrency platforms in 2017 and 2018. дальше »
2020-9-18 21:20 | |
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Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T
A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after a company agent gave his sim card […] The post Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T appeared first on Bitcoin News. дальше »
2020-9-11 17:00 | |
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Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft
Sept 1, 2020 — Two Malaysian cryptocurrency mining facilities have been raided by law enforcement for an alleged electricity theft totaling more than $600k. According to reports by local news outlet The Star, the raids were conducted as a joint operation between Malaysia’s Energy Commission, the Tenaga Nasional Berhad (TNB) power utility firm, and local […] The post Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft appeared first on BeInCrypto. дальше »
2020-9-2 12:50 | |
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Australian Conman Peter Foster Arrested For Bitcoin Fraud
A noted master scammer and serial con artist Peter Foster has been arrested for multiple money laundering charges, including the theft of $1. 73 million worth of bitcoins. Foster stole the said amount of bitcoins from a Hong Kong businessman named Konstantinos Stylianopoulos. дальше »
2020-8-26 00:24 | |
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Ethereum Classic Considers Network Rollback Following $5.6M Theft
Ethereum Classic suffered a 51% attack last weekend, the second such attack in less than two years. Initial investigations at the time showed no evidence of double-spending. Ethereum Classic (ETC) price drops after reports of a 51% attack. дальше »
2020-8-6 15:01 | |
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Bitpatt.com, a Safe, Fast and Reliable P2P Crypto Exchange, Launches Operations
While there are many crypto exchanges, fear of hacking and theft has slowly crept into crypto traders due to many such past incidents. It makes sense to always be in control of one’s fund and cryptocurrencies, and that’s why P2P or peer to peer services like Bitpatt are trusted by both new and experienced traders. дальше »
2020-8-4 17:00 | |
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New Action Movie Features Billion Dollar Crypto Theft
New movie “Money Plane” features a plot about a heist from a ‘bulletproof casino in the sky’ carrying $1 billion in crypto.
дальше »2020-7-8 05:48 | |
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Russian Court: Bitcoin Theft Not a Crime
A Russian district court has dismissed bitcoin theft as a crime since cryptocurrency is not regulated in Russia and there is no legal status for bitcoin. The accused were found guilty, sentenced to prison, and ordered to return only the fiat money stolen — not cryptocurrencies. дальше »
2020-7-3 14:15 | |
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Russian Court Dismisses 100 BTC Theft, Says Cryptocurrencies Have “No Legal Status”
A Russian media outlet has reported a case of cryptocurrency theft which was waved off by a court in Russia. The Petrograd District Court of St. Petersburg made its ruling on the 30th of May as it brought the case to a close by ruling only partially, in favor of the victim. The origin of […] дальше »
2020-7-6 23:35 | |
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Blockstream Bug Opened Liquid Network to $16 Million Bitcoin Theft
Blockstream’s Liquid Network contained a vulnerability until today that could have allowed millions in BTC to get stolen. The bug was disclosed by James Prestwich, a Bitcoin developer and founder... дальше »
2020-6-30 04:36 | |
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Bancor Discovers Critical Vulnerability, Hacks Itself to Prevent Theft
The Bancor decentralized exchange has released a smart contract with a critical vulnerability, and is now hacking itself to save user funds from malicious actors. дальше »
2020-6-18 13:34 | |
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Russian energy company estimates multibillion damage from illegal mining
Rosseti, the largest Russian energy company, claimed damage from illegal mining in the amount of 450 billion rubles within the last three years. 35 cases of theft of electricity for cryptocurrency mining were revealed. дальше »
2020-6-4 14:58 | |
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The Most Reliable Bitcoin Mixer BitMix.Biz – Your Fast Crypto Security in 2020
The one who called himself Satoshi Nakomoto, created cryptocurrency so that anyone can keep their financial life untouchable and protected from the interference of others. However, requirements of customer disclosure put these principles at risk and ordinary users under threat of theft, extortion, and even kidnapping by bandits. дальше »
2020-6-1 14:00 | |
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US Court Continues with $1.8M Crypto Lawsuit against Telecom Giant AT&T
Two-time Emmy winner Seth Shapiro filed the lawsuit in December 2019 after a SIM-swap attack saw him lose worth $1. 8 million of crypto. A US federal judge has allowed a lawsuit against AT&T concerning the theft of $1. дальше »
2020-5-21 15:25 | |
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