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Senior Worker at Bithumb Triggered Hacking Vulnerability

Senior Worker at Bithumb Triggered Hacking Vulnerability

A senior worker at Bithumb, a leading South Korean crypto exchange, is in a tight spot after a Korean court discovered that he is liable for web safety legislation breaches. As a result, his misdeeds made the crypto exchange vulnerable to a 2017 hack that led to the loss of cryptocurrency holdings worth $6 million USD.

Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance

Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance

Bitcoin has been trading sideways for the last few months, with the stability around $9,100. Bitcoin (BTC) has been struggling to gain bullish momentum above $9,200. In an interview with Bloomberg, Changpeng Zhao, the CEO of Binance commented on the stability of the recent Bitcoin price.

Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?

Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?

The University of California, San Francisco (UCSF), has recently paid criminal hackers $1.14 million to resolve a ransomware attack. The university reportedly paid the amount in 116.4 Bitcoins worth over $1 million.

CoinMarketCap Users Says Exchange Rankings Make No Sense

CoinMarketCap Users Says Exchange Rankings Make No Sense

CoinMarketCap is a renowned cryptocurrency and exchange data aggregator. Recently purchased by Binance, the site is currently under fire from users who claim that exchange rankings are being manipulated.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

Ethereum Breaks Past $2,000 for the First Time as DeFi's Total Revenue Hits $800 Million

Ethereum Breaks Past $2,000 for the First Time as DeFi's Total Revenue Hits $800 Million

Ethereum (ETH) is on fire as it continues making record-breaking moves. Ether has broken the record by surging past the $2,000 mark across major exchanges.

Blockchain and AI: The Delicate Balance Between Two Cyber Titans

Blockchain and AI: The Delicate Balance Between Two Cyber Titans

Artificial Intelligence and Blockchain. A technological duality with immense potential to disrupt and create a new order. But is mankind playing with fire?

Cardano Founder Charles Hoskinson Addresses an Alleged ADA Scam in China

Cardano Founder Charles Hoskinson Addresses an Alleged ADA Scam in China

Scammers are capitalizing on the recent success of Cardano’s native altcoin, ADA, and using it for their own personal gain. For the first time in over a year, ADA has moved above $0.10, and has picked up by over 200 percent.

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves

Chinese Police Discover Illegal Bitcoin Mining Activity in Mysterious Graves

Police in China recently discovered illegal Bitcoin mining, which was buried underneath a local cemetery. Power losses within the area caused the initial suspicion. A Chinese oil field company submitted a tip to the local police requesting them to investigate suspicious power losses in the northern city of Daqing, Heilongjiang province. The police officers arrived at the scene and spotted mysterious two grave mounds lying in the field.

South Korean Court Apprehends Crypto Assets of “Nth Room” Ringleader

South Korean Court Apprehends Crypto Assets of “Nth Room” Ringleader

A South Korean court has frozen 15 cryptocurrency wallets belonging to Cho Ju-bin, the orchestrator of the “Nth Rooms” scandal. It came to the limelight following a national outcry following the sexual exploitation of underage girls by Cho Ju-bin and his team who was named and paraded through the Korean streets to face the public in March.

Kraken CEO Reveals Why It Is a Huge Risk for Crypto Exchanges to List XRP

Kraken CEO Reveals Why It Is a Huge Risk for Crypto Exchanges to List XRP

Kraken CEO Jesse Powell has addressed Ripple’s legal woes with the Securities and Exchange Commission (SEC) over XRP.

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails

BTC Markets, the largest cryptocurrency exchange in Australia, has accidentally exposed customers’ data, an incident that has put users at risk of phishing attacks.

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