Blockchain data analysis firm Elementus has published stunning claims regarding last week’s hack on the New Zealand Cryptopia cryptocurrency exchange. Little information regarding the scope or nature of the attack has so far been issued by Cryptopia itself or New Zealand police. Two days ago,… Read More
Hackers have stolen more than $750 000 USD in Bitcoins from users of the Electrum Bitcoin hot wallet since December 21st, CCN reports. Another outlet places the amount stolen closer to $1 million. A “hot wallet” is a device for storing the “private keys” needed… Read More
The importance of storing one’s cryptocurrency safely was highlighted in South Korea this week when a court there decided that Korean crypto exchange Bithumb is not liable for customer funds hacked from an account there, Han Kyung reports. According to the outlet, an investor with… Read More
An alleged cryptocurrency thief accused of stealing the life savings of a Silicon Valley father of two has been extradited from New York to face charges related to the theft there, the New York Post reports. In November, police arrested Nicholas Truglia, 21, in Manhattan and… Read More
A South African Bitcoin trader is recovering in intensive care following his abduction and torture by bandits who allegedly robbed him of almost $66 000 USD in Bitcoin and cash. According to Soweto Urban, the man agreed to do a talk on cryptocurrency for a… Read More
Bulgarian police have arrested and charged 3 people accused of stealing $5 million in cryptocurrencies, Reuters reports. The arrests were announced Monday by officials from the Bulgarian Ministry of the Interior and local prosecutors. Police seized $3 million in cryptocurrency at the scene as well… Read More
Police in Manhattan have arrested and charged Nicholas Truglia, 21, with 21 counts of felony crimes related to hacks he allegedly conducted against 6 individuals, including a $1 million USD theft of cryptocurrencies from Silicon Valley executive Robert Ross. According to the New York Post,… Read More
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
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
Two young men accused of stealing one billion “Crowd Machine Compute Tokens” (worth $14 million) directly from the Crowd Machine crypto project last weekend were arrested Monday at an Oklahoma hotel, Oklahoma News 4 reports. Fletcher Robert Childers, 23, and Joseph Harris, 21, both of Missouri,… Read More
IT directors at 750 companies with 250 or more employees in the UK are reporting a steady increase in attempted “crypto-jacking” attacks on enterprise computer systems, with 30% of all companies reporting attacks in May, the month the survey was conducted. The findings were determined… Read More
Michael Terpin, an investor, crypto advisor and founder of Marketwire, has thrown down the gauntlet with AT&T over a massive cryptocurrency threat. In a tweet, Terpin states; “Somebody needed to sue AT&T for fraud and gross negligence in letting criminals SIM swap. I just did.”… Read More
Another high profile crypto rip off in Vietnam may have further imperiled the nascent sector there. According to VN Express, 20 investors have filed a complaint with the Vietnamese police claiming that the CEO of a cryptocurrency “cloud mining” scheme called Sky Mining has defrauded them… Read More
Sindri Thor Stefansson, a suspect in a Bitcoin mining heist, went on the lam this past week when he walked out of a prison in Iceland and simply hopped a flight to Sweden. From Sweden Stefansson made his way to Amsterdam evading authorities who were… Read More
Bike thieves beware, the “unstealable bike” Yerka project is officially going from prototype into production with the help of its official Indiegogo campaign, which launched today. After receiving millions of views on YouTube for a video showcasing the Yerka and receiving more than 10,000 emails from… Read More
Great news for crowdfunding giant, Kickstarter! Not only was the thief who was responsible for the robbery at its headquarters last Wednesday was arrested, he is also facing other burglary charges as well. According to DNAinfo New York, the thief, who was identified as 16-year-old Raymond Mersier,was busted… Read More
Last Friday (September 26th), New York City police announced they have been searching for the perpetrator that broke into Kickstarter’s headquarters and stole some electronics earlier in the week. CBS New York reported that around 8:20 p.m. on Wednesday (September 24th), the suspect entered the… Read More
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