Tag Archives: Crime

The best border wall is a legal marijuana market

The US is currently facing a government shutdown because Donald Trump is insisting any spending bill must fund the construction of a US-Mexico border wall, which would cost as much as $18 billion. Bound up in symbolism about the racial purity of the United States, the wall has been sold as a (more…)

$400K: Hacker Makes Off With Stellar Lumens in BlackWallet Theft

An unidentified thief has reportedly stolen more than $400,000 in Stellar lumens after hacking the digital wallet provider BlackWallet. According to cybersecurity reearcher Kevin Beaumont, the attacker hijacked BlackWallet’s domain name system (DNS) server over the weekend, adding a piece of code which transferred any deposits of 20 or more lumens into (more…)

Korea’s Crypto Crackdown Talk Draws Backlash From Users and Politicians

More than 100,000 South Korea residents have signed petitions asking the government there to step back from any plans to close the country’s cryptocurrency exchanges. Earlier this week, the South Korean Justice Ministry announced that it was preparing legislation to close the country’s online exchanges amid a speculative boom in cryptocurrencies. That (more…)

Writing the Blockchain Rulebook in 2018

Josh Garcia is a fintech and blockchain Lawyer at Cooley LLP, where he helps clients with compliance advice, government enforcement actions and inquiry letters. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. The regulators are coming. They have formed committees, subpoenaed documents, studied white papers, and will march into (more…)

This Is Cantor Fitzgerald’s 2nd Foray Into Crypto, The First Did Not End Well

Investment firm Cantor Fitzgerald announced a bitcoin futures program set to launch in 2018. The news puts Cantor Fitzgerald on the long list of traditional money forces putting a bet on bitcoin. But this isn’t their first foray into cryptocurrencies. Back in 2015, one of its (now former) highest ranking (more…)

With Ethereum and Bitcoin Reaching All-Time Highs, Hacking Attacks Will Increase

The market valuation of bitcoin and Ethereum have reached new all-time highs, and investors including billionaire hedge fund legend Mike Novogratz believe the two cryptocurrencies could at least triple in value by the end of 2018. Amidst strong rallies and price surges, hackers often tend to target centralized exchanges and trading (more…)

How Blockstack Counterattacked a Phishing Attempt on Its ICO

When criminals tried to con investors during its recent initial coin offering (ICO), Blockstack, a startup building a decentralized internet, used its tech expertise to turn the tables on the tricksters. Scammers hoping to lure investors feeling left out because the firm limited its token sale to accredited investors only set up phishing (more…)