Security

Japan’s Financial Watchdog Sets Out New Requirements For Crypto Exchanges

2 weeks ago admin2 Comments Off on Japan’s Financial Watchdog Sets Out New Requirements For Crypto Exchanges
Japan’s financial watchdog, the Financial Services Agency (FSA), has laid out yet further regulatory stipulations for domestic crypto exchanges, Cointelegraph Japan reports today, May 6. The regulator is reportedly intensifying its efforts to prevent a repeat of January’s $532 mln hack of crypto exchange Coincheck, the biggest single exchange hack in the history of the Read More

Vinny Lingham Interview: Scaling, Securities and Bitcoin Extremism

4 weeks ago admin2 Comments Off on Vinny Lingham Interview: Scaling, Securities and Bitcoin Extremism
Interview One of bitcoin’s leading luminaries, Vinny Lingham has an opinion on everything and an uncanny ability to sense market movements, earning him the moniker of Bitcoin Oracle. News.Bitcoin.com caught up with the serial entrepreneur to get his thoughts on bitcoin cash, Lightning Network, token models and more. Also read: Five Reasons Why Bitcoin Cash is Read More

Major UAE Bank Implements Blockchain Tech To Prevent Check Fraud

4 weeks ago admin2 Comments Off on Major UAE Bank Implements Blockchain Tech To Prevent Check Fraud
The National Bank of Dubai (NBD), one of the largest banking groups in the Middle East by assets volume, has reportedly become the first bank in the region to successfully implement Blockchain technology in a check-issuance system to prevent fraud, local news outlet Arabian Business reported Saturday, April 21. According to Arabian Business, the system Read More

Bad Checks: Twitter’s Identity Crisis Is Costing Users More Than Bitcoin

1 month ago admin2 Comments Off on Bad Checks: Twitter’s Identity Crisis Is Costing Users More Than Bitcoin
Trust, but verify. Borrowed from a Russian writer, it’s one of crypto’s most widely embraced slogans, though one that’s becoming even more relevant on social media, where battling factions bent on promoting the next great high-tech investment are now turning the very symbols meant to protect users against them. Whether it’s an account impersonating the world’s largest Read More

Hardware Wallet Demand in South Korea Grows Exponentially

2 months ago admin2 Comments Off on Hardware Wallet Demand in South Korea Grows Exponentially
Wallets According to local reports in South Korea, demand for hardware wallets is increasing exponentially. The demand has stemmed from attempted hacks last year against domestic trading platforms like Upbit and Bithumb. Also read: Lawsuit Challenges Google’s Ban on Crypto Ads in Russia Regional Reports Detail South Korean Hardware Wallet Demand is Rising South Korean Read More

North Carolina Orders Crypto Mining Firm to Halt Share Sale

2 months ago admin2 Comments Off on North Carolina Orders Crypto Mining Firm to Halt Share Sale
North Carolina’s government has sent a cease-and-desist order to a cryptocurrency company they say is selling unregistered securities in the U.S. state. The North Carolina Secretary of State Securities Division issued a temporary cease-and-desist order on March 2 against the European project PowerMining Pool. The move comes just under two months after that department issued a Read More

$9 Million a Day Is Lost in Cryptocurrency Scams

3 months ago admin2 Comments Off on $9 Million a Day Is Lost in Cryptocurrency Scams
Security In the time it takes you to read this sentence, $850 will have been lost to cryptocurrency scams. In the time it takes to complete this article, that figure will have risen to $17,000. Phishing; fraud; theft; hacking; it’s all rife. In the first two months of 2018, there were 22 separate scams involving Read More

How ICOs Can Protect Buyers from Phishing Attacks

3 months ago admin2 Comments Off on How ICOs Can Protect Buyers from Phishing Attacks
Initial coin offerings (ICOs) have been just as much a boon for crooks as they have been for investors. Like clockwork, after a high-profile ICO is announced, cyber-criminals hatch a scheme to trick excited retail investors to send their ether or bitcoin to a phoney address. The industry largely reacts to phishing attacks by taking Read More

Finance Ministry Employees Caught Mining Cryptos in Kazakhstan

3 months ago admin2 Comments Off on Finance Ministry Employees Caught Mining Cryptos in Kazakhstan
Mining The Ministry of Finance in Kazakhstan has announced measures to improve security and oversight in its IT department after catching four employees mining cryptocurrencies on its servers. Joking that the miners have taken over the central bank’s main duty – money emission, a deputy called for crypto regulations. The National Bank is actually working Read More

Moscow Man Mutilated And Mugged For $1 Million In Bitcoin, Local Sources Report

3 months ago admin2 Comments Off on Moscow Man Mutilated And Mugged For $1 Million In Bitcoin, Local Sources Report
A cryptocurrency investor fell victim to unidentified assailants in Moscow who reportedly disfigured him and stole over $1 mln worth of Bitcoin, today, Feb. 23, according to local crypto journal Forklog. According to Forklog, the victim, who has not been named, was in the southern district of the Russian capital when a group of muggers Read More