Tagged: bitcoin

November 8, 2018 @ 10:23 am By Cali Haan  |  

On November 3rd, hackers successfully sandwiched crypto-stealing code into the middle of a popular web traffic-measuring plugin from StatCounter, which is now used on more than two million websites, including government sites, WeLiveSecurity reports. Because the infected software creates a new bitcoin address for every site… Read More

November 6, 2018 @ 8:17 pm By Cali Haan  |  

Cybersecurity researchers in Japan say they have unearthed digital traces that could lead them to the hackers responsible for the September 14th theft of $60 million USD in cryptocurrencies from the licensed Japanese crypto exchange Zaif. The attack in question took place over two hours… Read More

November 5, 2018 @ 6:48 pm By Cali Haan  |  

Police in Istanbul arrested 11 people last week in connection with the hacking theft of bitcoins from the cryptocurrency wallets of 14 victims, Hürriyet reports. Along with 11 suspects detained, police from the Cybercrimes Division also seized 18 mobile phones, 18 sim cards, 22 flash memory… Read More

November 5, 2018 @ 1:28 pm By Cali Haan  |  

Though Coinbase announced it raised $300 million “from high-quality investors” last week, the cryptocurrency exchange also laid off an estimated 15 people working remotely in support, compliance, and fraud departments, Yahoo Finance reports. Coinbase would not confirm how many employees were cut, it did admit… Read More

November 2, 2018 @ 6:20 pm By Cali Haan  |  

An extortionist has been contacting Amsterdam businesses by email threatening to shoot at or tie grenades to their storefronts if he or she is not paid a ransom of 50 000 Euros in bitcoins, NL Times reports. At least one nightclub and three coffee shops… Read More

November 2, 2018 @ 5:03 pm By Cali Haan  |  

The Financial and Consumer Affairs Authority (FCAA) in the Canadian province of Saskatchewan has issued a warning to investors cautioning them around investing or trading in cryptocurrencies. In its “Using Or Investing In Cryptocurrency? Know The Risks” release issued October 31st, the last day of Investor… Read More

November 2, 2018 @ 3:58 pm By Cali Haan  |  

Lawyers for the Winklevoss twins want to know where “Bitcoin’s first felon” Charlie Shrem’s money is coming from, and are suing him for 5000 bitcoins they say he owes their clients, the New York Times (NYT) reports. Shrem and a partner from England started Bitinstant in… Read More

November 2, 2018 @ 9:49 am By JD Alois  |  

Wilshire Phoenix, an investment firm that provides multiple services including advisor and asset management, has partnered with Coinbase Custody on a $500 million crypto fund. Coinbase Custody is part of digital asset marketplace Coinbase which claims more than 25 million global customers. According to Wilshire… Read More

November 1, 2018 @ 10:19 pm By Cali Haan  |  

Arthur Hayes, CEO of the Hong Kong-based Bitcoin-derivatives exchange BitMEX, has told an audience in London that the bear market for Bitcoin could last another 18 months, Yahoo Finance reports. “My view is the volatility environment that exists right now could persist for another 12 to… Read More

October 31, 2018 @ 9:33 pm By Cali Haan  |  

Wences Casares, an early Bitcoin adopter and founder of the bitcoin wallet and vault company Xapo, has told reporters at Bloomberg that Bitcoin, “is a really interesting intellectual experiment…” that still has a “non-trivial chance of failing,” though he considers success more likely than failure…. Read More

October 31, 2018 @ 2:31 pm By Aubrey Hansen  |  

It’s a tale woven from the stuff legends are made of: In the midst of global financial chaos, corrupt bailouts of the super rich, and growing mistrust in institutions, a mysterious figure arrives out of nowhere to save day. In a nine-page short document, an… Read More

October 31, 2018 @ 10:11 am By Cali Haan  |  

Banco do Brasil and Banco Santander have been ordered by a Federal District and Territorial Court (TJDFT) judge in Brazil to restore banking services to the Bitcoin Max cryptocurrency exchange- or pay fines, Portal do Bitcoin reports. According to Bitcoin Max lawyer Leonardo Ranna, all bank… Read More

October 31, 2018 @ 9:45 am By JD Alois  |  

The one crypto to rule them all, Bitcoin, is celebrating a birthday. The creation of Satoshi Nakamoto (whomever he or she really is), Bitcoin has become an iconic concept in global Fintech and the emerging world of digital assets. Starting as a novelty in 2008,… Read More

October 30, 2018 @ 11:12 am By Cali Haan  |  

Jacob Burrell Campos, 21, plead guilty in San Diego yesterday to operating an unlicensed money business and agreed to forfeit $823,357.00, according to a news release from the US Attorney’s Office-Southern District of California. Mr Campos admitted he traded hundreds of thousands of dollars of… Read More

October 26, 2018 @ 7:02 am By Samantha Hurst  |  

Bakkt, a U.S.-based digital asset platform created by Intercontinental Exchange (NYSE:ICE) the operator of the New York Stock Exchange (NYSE), is set to begin trading this upcoming December. Bakkt is designed to enable consumers and institutions to seamlessly buy, sell, store and spend digital assets. The… Read More

October 24, 2018 @ 1:00 pm By Matthew Sullivan  |  

The crypto community is chomping at the bit for the SEC to approve an ETF for Bitcoin, and rightly so. For the uninitiated, an ETF (exchange traded fund) is a common investment vehicle, an index fund which tracks various stock market indexes and trades like… Read More

October 24, 2018 @ 8:09 am By Cali Haan  |  

As part of its efforts to capture tax dollars and curtail fraud and tax amnesties, the government of Spain has passed new anti-fraud laws requiring the mandatory declaration of cryptocurrency holdings and the documentation of all “operations” involving them, ABC Economy reports. Minister of Finance,… Read More

October 23, 2018 @ 8:48 am By Cali Haan  |  

Local news agency Arka has announced that a large crypto mining facility has opened in the Armenian capital of Yerevan. The facility, the country’s first, currently hosts 3000 machines mining Bitcoins and ether, but will one day host 120 000 machines, its creators believe. According… Read More

October 22, 2018 @ 6:05 pm By Cali Haan  |  

By decree of the town council, for the next twelve months, no new cryptocurrency mines will be permitted to open in the town of Ephrata, Washington, Columbia Basin Herald reports. Existing cryptomines will also face higher electricity rates that come into effect next April. Council… Read More

October 22, 2018 @ 12:18 pm By Samantha Hurst  |  

CoinText.io, a wallet to transact cryptocurrency using SMS messages, announced on Monday it has launched its SMS bitcoin cash wallet service in Brazil, as well as three more European countries, which are Poland, Croatia, and Romania. This news comes just days after Context launched its services in… Read More