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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.

What is Ethereum Founder Vitalik Buterin’s Net Worth?

What is Ethereum Founder Vitalik Buterin’s Net Worth?

Ethereum founder Vitalik Buterin’s net worth must be growing as the eth price continues to surge gaining more than 7% in the last 24 hours.

How Can Blockchain Technology End Labour Market Woes?

How Can Blockchain Technology End Labour Market Woes?

In its usual bid to take over the technology ecosystem, blockchain technology can be instrumental in the fight against unemployment through a creative aggregation of data for easy verification. This is revealed in a research report published on June 8 and sponsored by the American Council on Education.

$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December

$1.7 Billion Rehabilitation Plan for Mt. Gox Hack Victims Shelved Until December

Victims of the now non-defunct crypto exchange Mt. Gox will have to wait on their refund following a 2014 hack, which triggered the loss of over 150,000 Bitcoin.

Is Bitcoin Going To Experience Its Biggest Weekly Loss Of 2019 This Week?

Is Bitcoin Going To Experience Its Biggest Weekly Loss Of 2019 This Week?

For the first time in over six months, Bitcoin’s acceptance has been below key support. Yesterday, the prices plummeted below a four-month low of $7800 and this phase of price volatility lingers.

Japanese University Integrates Blockchain for Tamper-Proof Academic Records

Japanese University Integrates Blockchain for Tamper-Proof Academic Records

The Muroran Institute of Technology, located in Hokkaido, Japan, is piloting a blockchain initiative to authenticate the academic records of its students. Five other Japanese universities are expected to follow suit in 2020.

Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss

Barstool Sports Founder Dave Portnoy to Dump Bitcoin and Chainlink (LINK) After $25,000 Loss

Dave Portnoy announced that he is done with cryptocurrency and Bitcoin after undergoing a loss of $25,000 due to market crash.

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s Financial Regulator Seeks to Hire Crypto Specialist to Spearhead Digital Asset Regulations

UK’s financial regulator has posted a job listing for a potential candidate with strong crypto knowledge. The recruitment could be an indication that the agency is set to provide higher degree of regulatory scrutiny of digital assets and possible abuses.

Forbidden Wealth: 80,000 Bitcoin Abandoned for Nearly a Decade

Forbidden Wealth: 80,000 Bitcoin Abandoned for Nearly a Decade

A BTC wallet address said to be associated with the now-defunct Mt. Gox Exchange holding an estimated 80,000 Bitcoin worth around $800 million is said to be untouched revealed by a source on Feb 17.

Ripple Continues Working with Central Banks Looking to Deploy CBDCs using XRP Ledger

Ripple Continues Working with Central Banks Looking to Deploy CBDCs using XRP Ledger

Ripple seems to be moving in silence but it has been working on bigger projects, namely on furthering central bank digital currency (CBDC) development.

Bank of America Plays Ripple Project Close to Chest

Bank of America Plays Ripple Project Close to Chest

Bank of America (B of A) has been keeping its blockchain contingency plans under wraps for the better half of a decade.

Deloitte Tests Remuneration of Its Staff Using Bitcoin

Deloitte Tests Remuneration of Its Staff Using Bitcoin

Deloitte one of the most reputable audit firms globally has shown plans of testing BTC payments on its staff for optimal adoption.

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