Cali Haan

Monero Crypto Network Plans Fork to Buck ASIC Miners Once and For All

Fork

Developers of the privacy-cryptocurrency Monero have announced they’ll be “forking” (making code changes to) their network, changes that will reportedly make it impossible for “miners” using powerful ASIC-chip-laden machinery to process transactions on the network, Blockchain Reporter states. The change, which is scheduled to take… Read More

Turkey Arrests 24 Accused of Robbing Cryptocurrencies

A “nationwide simultaneous operation” executed in 8 Turkish provinces has netted 24 individuals accused of conspiring to rob 13 million Turkish liras ($2.47 million) from “a cryptocurrency company” in Istanbul, The Daily Sabah reports. After receiving a complaint from the targeted business, law enforcement officers at… Read More

Israeli NGO Threatens to Sue Coinbase for Hosting Hamas Crypto Account

A civil rights organization in Israel has reportedly written to American crypto exchange Coinbase to advise them that, “…knowingly providing material support or resources to Hamas is a violation of US federal criminal law…” The Jerusalem Post reports. The Israeli newspaper Globes reported last week that an Isreali… Read More

Hackers Inexplicably Destroy Confidential VFEmail Service- No Ransom Demanded

In a “complex ‘hack and destroy’ assault,” hackers have dealt a catastrophic blow “privacy-focused” email provider VFEmail. According to Bleeping Computer: “The hackers did not leave a ransom note and, given the extent of the destruction, the service will most likely go offline to never… Read More

Tron Crypto Project Inherits 3300 Lawsuits After Buying Filesharing Service BitTorrent Last Year

Many fans of the “free Internet” bemoaned the sale of “filesharing” (commercial content producers prefer to call it “piracy”) site BitTorrent to the cryptocurrency project Tron last year. The “quiet” $140 million USD sale prompted a reported exodus from BitTorrent of particularly hardcore “file sharing”… Read More

Two Years In, Mongo Databases Still Being Ransomed for Bitcoin, Though Less Successfully

Unsecured databases hosted on the free and open-source cross-platform database MongoDB are still being attacked by hackers demanding Bitcoin ransoms, says Zero Day, albeit less effectively than before. Reports of hack exploitation of MongoDB data first surfaced in December 2016, “when hackers realized they could extort… Read More

FSB Supervising Governor Advises Creation of Global Regulations for Crypto

The Financial Stability Board‘s (FSB) Randal K. Quarles has touched on the need for a global regulatory framework for cryptocurrencies in a speech delivered in Hong Kong February 10th at the Bank for International Settlements Special Governors Meeting. Quarles is the Vice Chairman for Supervision on… Read More

Cryptocurrency: MetaMask Malware Hijacks Clipboard to Steal Ethers

Malware designed to intercept and replace digitally-copied cryptocurrency addresses with those belonging to hackers has been found in a fake MetaMask app available until recently at the Google Play app market. According to cybersecurity firm WeLiveSecurity, the malicious app, “Android/Clipper.C” was, “…spotted shortly after it was… Read More

Swift Says Its New GPI System Outperforming Ripple

Bitcoin advocates and companies like Ripple have long been critical of slow and expensive cross-border money transfer services provided by banks and other traditional firms. Ripple’s CEO Brad Garlinghouse presides over a vast sum of publicly-tradable XRP crypto tokens which the company has used to… Read More

Ontario Securities Commission Says It’s Looking Into Locked Funds Affair at Crypto Exchange QuadrigaCX

The Ontario Securities Commission has stated that it is “looking in” problems at Quadriga CX after it was revealed last week that the Canadian cryptocurrency exchange has been put into credit protection following the December death of its founder, Gerald Cotten. Matters have been further… Read More

New Zealand Police Say They’re Making “Excellent Progress” Investigating Hack on Cryptopia Exchange; Experts Question Those Claims

Police in New Zealand have issued a press release stating their investigation of a prolonged hack on the Cryptopia cryptocurrency exchange, “is progressing well and advancing on several fronts.” But according to online publication Stuff, Auckland University associate professor of commercial law, Alex Sims, has contradicted those… Read More

Six Cryptominers Arrested in Germany for Stealing Electricity

Five men and one woman have been arrested in Klingenthal, Germany and are charged with stealing 220 000 Euros ($249 843 USD) worth of electricity to run a cryptocurrency mine consisting of 49 computers housed in an industrial facility, Freie Presse reports. Officials reportedly detected… Read More

Texas Sanctioned 16 Fraudulent Crypto Offerings in 2018, Including Bitconnect

The latest enforcement report from the Texas State Securities Board states that the regulator issued cease and desist orders against 16 unlicensed crypto ventures soliciting investors in Texas in 2018. The most noteworthy of those ventures is Bitconnect, a massive global crypto Ponzi scheme that accumulated… Read More

Child Porn Permanently Logged on Fork of Bitcoin Called BSV

Child porn has been permanently logged on a code copy of the Bitcoin blockchain called “Bitcoin Satoshi’s Vision” (BSV), The Next Web reports. BSV was created last year in yet another contentious “forking” of Bitcoin after the team behind Bitcoin Cash broke up and Craig… Read More

SEC’s Compliance Office Vows to Inspect “Digital Asset” Projects

The U.S. Securities and Exchange Commission (SEC’s) Office of Compliance Inspections and Examinations (OCIE) announced its 2019 examination priorities this week. The 14-page document discusses inspections of investment markets and briefly describes the office’s commitment to inspecting the integrity of digital currency/token investment products offered… Read More

EOS and TRON Have Eclipsed Ethereum for Gambling

“Decentralized apps” (dApps) built to run on newer cryptocurrency blockchains Tron and EOS have steadily taken over from Ethereum as gamblers’ financial media of choice, DIAR reports. Ethereum still processed $7.6 billion in dApp transactions in 2018, but this was mainly business coming from trades… Read More

“Sleeping Giant” Wakes: Google Building Comprehensive Crypto Block Explorer

Google UK

A software developer with a background in using multiple small computers to analyze the human genome is building a master blockchain surveillance tool for Google he hopes will show what their real use is, Forbes reports. According to Forbes, Google has so far been behind… Read More

Bank of Korea Says Central Bank Cryptocurrency Would Cause Cash Shortages and Escalating Interest Rates

Bankers at Korea’s central bank, the Bank of Korea, have issued one of the most decisive warnings against the creation of a central bank-backed cryptocurrency so far, The Korea Times reports. International Monetary Fund head Christine Lagarde called last year for an “even-handed approach” to… Read More

Just Print More Cash: Serial Cryptocurrency Creator Brock Pierce Proposes Creating a New Investor-Funded Crypto to Pay Back Ripped Off Mt Gox Investors

Give-with-one-hand to old investors and take-with-the-other from the new seems to be an increasing policy in crypto worldwide, and ga-ga serial cryptocurrency creator and billionaire Brock Pierce now proposes to compensate ripped off Mt Gox investors by creating yet another crypto, “Gox Coin,” Tech Crunch… Read More

Indian Hospital Confirms Death of QuadrigaCX Crypto Exchange CEO, $190 Million Still Missing

The hospital in Jaipur, Rajasthan, where Canadian crypto exchange CEO Gerald Cotten spent his last hours has confirmed that he died there from a heart attack caused by complications from Crohn’s disease, Times of India reports. Cotten’s untimely death may also have devastating consequences for… Read More

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