Crime

Shopin ICO-Syndicate Hacks Shows Danger Of Trust

2 days ago admin2 0
Large scale thefts usually involve an exchange or a bug in a smart contract. While individual hacks are common, they don’t tend to make news because, by their nature, they only affect one person. But one alleged hack of an individual is affecting an entire ICO, its participants and it has shed some light on Read More

Michigan Bill Would Make It Illegal to Counterfeit Blockchain Data

2 weeks ago admin2 0
A pair of bills submitted to Michigan’s state legislature would make it a crime to illegally alter a blockchain record. One of two bills presented earlier this month by state representative Curt WanderWall tweaks the state’s penal code pertaining to those who “makes, alters, forges or counterfeits a public record.” Under the proposed legislation, this Read More

Research Finds “Crypto Theft” Markets are on the Rise

2 weeks ago admin2 Comments Off on Research Finds “Crypto Theft” Markets are on the Rise
Cryptocurrencies have grown popular of late and attracted an increasing number of thieves looking to capitalize on the crypto frenzy to lure naive investors and unvigilant users. According to cybersecurity firm Carbon Black, the illicit, dark web economy for cryptocurrency-related malware development and sales now represents a US$6.7 million economy. Research conducted by the firm Read More

Vermont Financial Regulator Orders Cease And Desist To Cryptocurrency Company LevelNet

3 weeks ago admin2 Comments Off on Vermont Financial Regulator Orders Cease And Desist To Cryptocurrency Company LevelNet
Image via Shutterstock.com The Vermont Department of Financial Regulation has issued an order to cease and desist to California company LevelNet over alleged violations of the state’s securities laws, the regulator said on Monday. LevelNet is currently conducting an initial coin offering (ICO) to raise money from investors across the country in exchange for LevelNet Read More

Hackers Demand $1 Million in XRP After Bank Data Theft

4 weeks ago admin2 Comments Off on Hackers Demand $1 Million in XRP After Bank Data Theft
Hackers who stole information on thousands of Canadian bank users have demanded $1 million-worth of the cryptocurrency XRP to not release the data trove. According to a CBC News report Tuesday, the two banks hit by the breach, Bank of Montreal and CIBC’s online bank Simplii Financial, have said that the personal information of a total of Read More

Singapore Startup Raises US$8M In ICO For Blockchain Fraud Prevention Platform

4 weeks ago admin2 Comments Off on Singapore Startup Raises US$8M In ICO For Blockchain Fraud Prevention Platform
Singapore-headquartered startup Uppsala Foundation has raised US$8 million in its initial coin offering (ICO) for the development of its fraud prevention blockchain, Sentinel Protocol. The public token sale reached its sales target under four minutes, the company said. Sentinel Protocol is a blockchain-based threat intelligence platform that aims to defend users against hacks, scams, and Read More

UK’s FCA Investigates 24 Cryptocurrency Firms As Bitcoin Price Dips

4 weeks ago admin2 Comments Off on UK’s FCA Investigates 24 Cryptocurrency Firms As Bitcoin Price Dips
The U.K.’s Financial Conduct Authority (FCA) has opened up 24 investigations into cryptocurrency businesses, a Freedom of Information request has revealed. In a report from the Financial Times, the U.K.’s top financial watchdog also confirmed that it had opened seven whistleblower reports relating to digital currency companies so far this year. The FCA has confirmed Read More

Police: 6-Year-Old, 12-Year-Old Threw Rocks And Waved Gun At Adults

1 month ago admin2 Comments Off on Police: 6-Year-Old, 12-Year-Old Threw Rocks And Waved Gun At Adults
ATLANTA, GA (CBS Local) – Police in Atlanta are looking for two children who allegedly chased a group of adults away from a local hiking trail. The incident was made even more disturbing after victims told officers the youngsters pelted them with rocks and waved a handgun at them. According to authorities, a 6-year-old and 12-year-old Read More

Verge is Being Hacked, Again

1 month ago admin2 Comments Off on Verge is Being Hacked, Again
Verge (XVG) has seemingly been the victim of another attack, using a nearly identical attack as last time. Verge is a privacy focused coin that made headlines when pornhub.com started accepting it as a payment method. However, previous to that announcement, its protocol was hacked, resulting in millions of dollars worth of Verge being created Read More

Jennifer Aniston, Prince Charles Falsely Used to Promote Crypto Scam

1 month ago admin2 Comments Off on Jennifer Aniston, Prince Charles Falsely Used to Promote Crypto Scam
Texas’ securities watchdog has issued an emergency cease-and-desist order to a purported cryptocurrency investment scheme that it says tried to dupe investors with fake endorsements from high-profile individuals. Among other alleged failings, Houston-based Wind Wide Coin is said to have fabricated client profiles using images of public figures including actress Jennifer Aniston, Prince Charles and former Finland prime minister Matti Read More