Search Results for "theft"
Concerns Arise as North Korea’s Financial Services Commission Unsure of Its Cryptocurrency Mandate
The Financial Services Commission of North Korea, which is supposed to be in charge of the supervision of cryptocurrencies, asked which ministry is responsible.
As it Happened: Binance Denies Ripping Off $1 million From a User's Account
Binance, one of the largest crypto exchanges based on trade volume, has hit back at embezzlement claims made in November 2018 after it froze a user’s account with crypto assets worth $1 million. It claims that its actions were based on a tip-off by the South Korean police to return the funds to a scam victim.
KuCoin Exchange Restores All Token Deposit and Withdrawal Services Following Massive Hack
KuCoin announced yesterday that the withdrawal and deposit services for all tokens will finally be resumed on the crypto exchange.
Malaysian Crypto Miners Caught Stealing $59,700 of Electricity from State on Monthly Basis
Malaysian police recently arrested five cryptocurrency mining operators that were caught stealing electricity from a state-owned power company, Sarawak Energy Berhad (SEB).
KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down
The KuCoin hacker has begun dumping his stolen funds, after having made off with over $150 million worth of Bitcoin (BTC), ERC-20 tokens, and Ether (ETH).
NSA Whistleblower Edward Snowden Might Return to US as President Trump Considers Pardon
US President Donald Trump is considering an executive pardon for NSA whistleblower Edward Snowden after 7 years of exile in Russia. Snowden has been an advocate of Bitcoin for some time and most of the servers he used to leak the sensitive information were paid for in Bitcoin.
US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft
Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government yesterday for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack. The pair have been charged with stealing nearly $250 million in virtual assets and laundering the money through converting BTC to USD and Chinese Yuan as well as through iTunes gift cards.
Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices
The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.
Ledger and Tezor Dismiss Rumor That Hackers Have Stolen Data from Popular Crypto Wallet Providers
Cybersecurity company “Under The Breach” has reported that a hacker is allegedly attempting to sell customer data that stems from firms like Ledger, Trezor, Keepkey, and even Bnktothefuture.
Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate
Reebonz, the biggest luxury e-commerce company in Asia Pacific and Southeast Asia, has incorporated blockchain technology into its ecosystem to determine the provenance of its products.
Sofi Launches Into Cryptocurrency Trading with Sofi Trading
The existence and relevance of Bitcoin and other cryptocurrencies have stirred interest from different businesses across various sectors. This is accompanied by the launch of Sofi's exchange platform which offers to make the process of trading more seamless
How Blockchain Can Mitigate the Menace of Identity Theft
According to the Center for Victim Research, 7-10% of the US population are often victims of identity theft annually. Moreover, 21% of them suffer multiple cases of identity fraud. This menace is being experienced across the globe, and blockchain technology can be instrumental in stamping it out.
