OneCoin, the cryptocurrency that once aimed to rival Bitcoin, has dissolved into nothingness, but investigations into the company’s activities persist. The company, founded in 2014, claimed to offer a superior alternative to Bitcoin through its use of a proprietary blockchain and mining process. However — OneCoin faced criticism from experts and regulators who pointed out…
22 cryptocurrency ATM-s have been seized in Russia by law enforcement officials. ATM-s were located at restaurants and shopping centers in ten different cities. Orders to seize the technology came directly from the Prosecutor’s Office and the Central Bank. All the confiscated automated teller machines were operated by Bbfpro. This company has huge network of…
This is recent and needs more attention. New cryptojacking alert – allegedly over 170k Mikrotik routers are infected with Coinhive malware, which essentially is a cryptocurrency mining malware. According to computer security researcher Simon Kenin new wave of cryptojacking is taking place at the very moment and it is mostly happening in Brazil, where there…
Syscoin announced on their Github page that there has been a malicious trojan attack and their project’s official desktop client has been compromised. As written on their Github page, all users who downloaded the Syscoin desktop client sometime between June 09-13 should immediately get rid of the software and take necessary action. It is believed…
Another day, another cryptocurrency exchange hack. Bithumb just notified the world that it has been hacked and over 30 million dollars worth of cryptocurrencies are allegedly stolen from their accounts. 12:49 UTC on June the 19th cryptocurrency exchange Bithumb released a statement that they will be suspending deposits because of a change in wallets with…
Chinese cyber-security firm Qihoo 360 Netlab released a statement today where they claimed that a group of criminals had stolen over 20 million dollars worth of Ethereum cryptocurrency from ETH-based applications and also from mining rigs. They believe that the reasons behind the hacks are poorly designed Ethereum apps. In this particular case, poorly designed…
Cryptovigilante doesn’t want credit for this one. Actually, we are a little bit shamed that we covered exactly 0 of these topics last week, but NEWS.BITCOIN.COM’s Kai Sedgwick made an awesome list of SEVEN DAYS IN ICO LAND and we just have to share this, obviously with a link to this great-great article. All credits…
EOS.ICO was hacked earlier this week, when one of the startup company’s e-mail address was hacked. Done that, hackers could pose as developers and send thousands of phishing letters from legit e-mail address to unsuspecting EOS investors. There was a thread on Reddit where one of the victims claimed he was robbed of over 60…
A British hacker was busted some time ago and now sentenced – he was guilty of selling over 60,000 stolen credit cards in the dark web. 26-year old Grant West was described by the police as a “one man cyber crime wave,” meaning hacker had no accomplishes, no hacker buddies to help him out stealing…
Hackers were exploiting the same flaw as first attack in April, but this time they got away with even more Verge tokens. According to our sources there are over 35 millions XVG stolen this time – that’s worth over 1.7 million dollars. Bitcointalk user Ocminer (who is also a Supernova mining pool administrator) wrote in…
Alexander Vinnik is one of the criminals behind Mt. Gox hack and and BTC-e money laundering scheme with epic proportions. Just few days ago Greek law enforcement discovered a plot to poison him. Instructions were given to the prison director and the prosecutor of the city of Thessaloniki because of the threat to Vinnik’s life….
Zimbabwe’s central bank has told its domestic institutions that it will stop supporting deposits and withdrawals between bank and cryptocurrency exchanges. Reserve Bank of Zimbabwe claims it is done because of ‘safety of Zimbabwe’s financial ecosystem’. Haha-haha. Ha. All Zimbabwean companies have been instructed to stop doing business with cryptocurrency exchanges and crypto businesses in…
Aussie government has been fighting this war for a long time now. Their latest idea to increase power is making cash purchases over 10 thousand dollars worth illegal. This means that people who want to buy expensive items have to use electronic banks or cashier checks in the future. Government officials claim it is all…
Dash Core team executives were just hacked, when their social media accounts were taken over by bad guys. Luckily, there wasn’t much harm done – hackers used their minutes of fame to posting racist pictures and comments. Hackers also succeeded to hijack Ryan Taylor’s (chief executive officer of the Dash Core – the team developing…
Berkshire Hathaway’s boyband Buffett+Munger have been making headlines again. And although they just announced over 1B loss with their funds, these two are still talking sh1t about Bitcoin. Yes, I know, I should be writing about dark side of crypto, ICO scams and whatnot, but I can not pass this one. After calling Bitcoin hype…
It was in January when crypto investor and minor Youtube celebrity Pavel Nyashin was attacked in Leningrad Oblast. Robbers took over 400 thousand dollars cash along with the safe, after Nyashin had been showing off stacks of money in his recent Youtube videos. After the attack Pavel Nyashin moved to St. Petersburg’s suburbs and stopped…
No more ICO shenanigans in Colorado – The Colorado Department of Regulatory Agencies (DORA) just released a statement that two companies who were promoting Initial Coin Offerings (by the way, not legal in Colorado) are being investigated, likely prosecution to follow. Those two companies are Broad Investments LLC from Washington and California-based Linda Healthcare Corporation….