Cali Haan

VaultTel Selling New SIM-Card Crypto Hardware Wallet

“Consumer Spy Tech” and nano-tech enthusiasts may be pleased to hear that an American company called VaultTel has created a cryptocurrency hardware wallet that is accessed via one’s cellphone SIM-tray. Once inserted in a phone, the device, called the “VaultTel Intellichip card,” communicates with an… Read More

Return of Dorm-Room Crypto Mining or Malware Surge?

PC Magazine is reporting this week on an apparent surge of on-campus cryptomining detected by cybersecurity firm Cisco. The news is noteworthy because, according to urban legend, crypto mining for bitcoins started mostly in dorm rooms and nerd basements. Stealthily, however, corporate crypto miners like… Read More

New South Korean Task Force to Tackle 800% Reported Increase in Cryptocurrency Crime

The South Korean Supreme Prosecutors’ Office has created a task force dedicated to responding to a reported 800% increase in cryptocurrency crime complaints, South Korean news agency Naver reports. The task force, which will reportedly be, “packed…with professional investigators, prosecutors, and investigators as team heads,” was… Read More

North Korea Hacked $670 Million from Crypto Exchanges

Expert panelists have informed the UN Security Council’s North Korea Sanctions Committee that the tiny country has been hacking global cryptocurrency trading platforms to obtain capital, Nikkei Asian Review reports. This is the first time the panel has addressed the UN Security Council regarding cyberattacks… Read More

Plattsburgh Lifts Moratorium on Crypto Mining, Miners to Pay Overages

The town council of Plattsburgh, New York, has voted 5-1 to lift a year-old moratorium prohibiting any new cryptomining operations from setting up within town limits, Midday Magazine reports. The moratorium was established in March of last year after cold temperatures and crypto-mining consumption exhausted… Read More

Nouriel Roubini: Crypto Fanatics the Most “Arrogant and Ignorant” He’s Seen

NYU Professor of Economics Nouriel Roubini, crypto’s favourite foil, has once again called out the cryptocurrency phenomenon and the “fanatics” behind it in an in-depth interview in the CFA (Chartered Financial Advisor) Institute’s Enterprising Advisor publication. Roubini, who has been dubbed ‘Dr. Doom’ for his… Read More

Canada Revenue Agency Auditing Over 60 Cryptocurrency Users Considered “Highest Risk Files”

The Canada Revenue Agency (CRA) has confirmed with Forbes that it is actively auditing over 60 cryptocurrency users/traders considered “highest risk files.” The media outlet also claims that “multiple sources” have confirmed they are the subject of the audits, which involve having to fill out… Read More

Creditors Concerned: Widow at Centre of $260 Million QuadrigaCX Disaster Seeking $300K in Court Costs

Jennifer Robertson, the wife of Gerald Cotten, the deceased founder of Canadian crypto exchange QuadrigaCX, has asked a Canadian court to reimburse her for $300,000 in costs she incurred by filing for creditor protection, Bloomberg reports. Robertson filed for creditor protection in late January after… Read More

Russian Human Rights Commissioner Asks UN to Help Accused Bitcoin Launderer to Return to Russia

TASS is reporting this week that Russia’s Commissioner for Human Rights, Tatyana Moskalkova, has asked the UN High Commissioner for Human Rights, Michelle Bachelet, “to facilitate the extradition of Russian Alexander Vinnik from Greece to Russia.” Vinnik has been being held by Greek authorities since… Read More

UK Financial Conduct Authority Issues Consumer Warning Against Bulgarian “Next Coin Market”

The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning against a Bulgarian firm, “…claiming to be an FCA-authorised firm offering cryptocurrencies to UK consumers.” The FSA says the company is illegal and has been soliciting UK investors via email containing various… Read More

French National Assembly Proposes Mandatory ID-ing of Crypto Users and “Refined” Regulations

The French National Assembly’s Finance Committee has issued a report on cryptocurrency and blockchain sectors in the country. The report’s introduction is written by Committee president Eric Woerth, who urges the country to continue refining regulations governing the sector. He also argues against promoting cryptomining… Read More

1Broker Settles SEC/CFTC Case “Without Admitting or Denying Factual Allegations”

1Broker, a Marshall Islands-registered company with a CEO based in Austria, has announced it has settled lawsuits filed against it by the US Securities regulators, the SEC and CFTC: “We are pleased to let you know that we settled the two lawsuits without admitting or… Read More

Consulting Firm PwC Says Crypto Increasingly Facilitating Crime and Not “Decentralized” Economy

In its latest “Strategic Alliance Bulletin,” auditing firm PwC (formerly-known-as PricewaterhouseCoopers) has countered the sanguine narratives in crypto by stating unequivocally: “Cryptocurrency has increasingly been associated with serving criminal and nefarious purposes, rather than supporting the decentralisation of ‘traditional’ currency.” That said, the company does… Read More

Coinbase Distances Itself as Acquisition of Surveillance Firm Neutrino Stirs Controversy

US-based cryptocurrency exchange Coinbase, whose recent acquisition of Italian digital surveillance specialist Neutrino sparked a #DeleteCoinbase campaign on Twitter late last week, is taking pains to distance itself from the controversy- in part by firing key staff at Neutrino. Critics are angry that Coinbase acquired… Read More

Lambo Down: Crypto Rich Crashing and Selling Their Trophy Cars

A North London photographer on his way to work last Friday morning was surprised to find a bright purpled Lamborghini crashed into a ditch, ABC Australia reports. The $500 000 car was reportedly banked adjacent to the training grounds of the Tottenham Hotspur soccer team,… Read More

Banking Woes Persist for Crypto, But What Real Value Does Crypto Provide?

Bloomberg has reported that banking for cryptocurrency investment firms and trading platforms continues to be challenging, but absent from the article is a clear articulation of what innovation and value crypto really brings. The article also does little to interrogate the notion of “crypto assets.”… Read More

“Top 21” EOS Staker Fails to Update Blacklist, $7.7 Million Stolen

Games.eos, a “Top 21” staker (“block producer” or “most efficient miner”) of the newer cryptocurrency network EOS, failed to update their blacklist of hacked EOS accounts recently, and left the door open for a hacker to drain $7.7 million USD in EOS tokens from a… Read More

Kraken Offers $100K Reward in $190 Million Quadriga Failure, Traces Mystery in Podcast Part 1

Owners of the Kraken cryptocurrency exchange platform are offering a $100 ooo USD reward for information that may help recover $190 million USD in funds lost by the Canadian crypto platform QuadrigaCX. Quadriga CX fell apart in January following the untimely death of company CEO… Read More

Police Arrest Crypto Promoter Who Threw Cash off Hong Kong High Rise

Wong Ching-kit, 25, known on social media as ‘Coin Young Master,’ and a 20-year-old accomplice, have been arrested in Hong Kong by officers from the Commercial Crime Bureau, South China News reports. They have reportedly been charged with conspiracy to defraud for selling cryptocurrency ‘mining… Read More

Latest Report from Cybersecurity Firm Digital Shadows Details LinkedIn Sextortion Campaign – Pay Crypto or Else

Traditionally, cyber extortions have mainly been executed via exposure threats (“pay a cryptocurrency ransom or be embarrassed”), threats of cyberattack (denial of service), or the deployment of ransomware to lock up data, says “digital risk protection firm” Digital Shadows in its latest report, “Tale of Epic… Read More

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