Tag: Bitcoin hack

  • Bitcoin

    The $40 Million Dollar Bitcoin Hack That Never Was

    2018 may be remembered in the end as a stellar year for crypto hacks. With still five months to go there has been at least a billion USD stolen in digital assets according to CNBC and for anyone who’s been paying attention, that number seems light. The year...

    John McMahon | July 12, 2018 | 9:49 am
  • NewsBTC Coincheck hack Unpunished

    British Hacker Sentenced to 10 Years For Stealing $600,000 in Bitcoin

    A British computer hacker was jailed for 10 years and eight months after being found guilty of selling 63,000 stolen credit and debit cards on the dark web. Police seized an amount of Bitcoin worth over $600,000. UK Judge Sentences Hacker to 10 Years, Police Seize Over $600,000...

    Ricardo Esteves | May 28, 2018 | 12:00 pm
  • Crypto

    Well Known ICO Investor Ian Ballina Hacked, Millions Worth of Cryptocurrency Lost

    Ian Balina, a famous cryptocurrency evangelist and millionaire investor, has been hacked. A compromised college email account may have been at the origin of the hack, according to Balina, who has asked the community for help to catch the perpetrator. Cryptocurrency Evangelist Allegedly Hacked Via Compromised Email Account Ian...

    Ricardo Esteves | April 16, 2018 | 1:02 pm
  • Bitcoin

    Indian Bitcoin Exchange Loses $3.3 Million in Heist, Investors Confused

    Coinsecure, one of the leading cryptocurrency exchanges in India, announced the biggest heist in the country so far, valued at $3.3 million. The CEO of the bitcoin exchange, Mohit Kalra, has accused his Chief Strategy Officer (CSO) of stealing 438 Bitcoin from the operator’s main wallet. Coinsecure Reports...

    Ricardo Esteves | April 13, 2018 | 1:30 pm
  • Bitcoin

    After Losing $6 Billion, Former Mt. Gox CEO Doesn’t Believe in Bitcoin

    Recently the much-maligned Mark Karpeles took to Reddit where he posted a prepared statement and then answered questions in a not quiet Ask Me Anything forum. In it, he addressed the “failure” of Bitcoin and personal redemption to a mostly unsympathetic audience, after losing $6 billion worth of...

    John McMahon | April 9, 2018 | 7:16 am
  • NewsBTC

    South Korean Bitcoin Exchange Hacked, Files For Bankruptcy

    Seoul-Based South Korean bitcoin exchange Youbit has admitted to suffering a major security breach that led to the loss of a fifth of user funds stored on the trading platform. Youbit to Proceed With Bankruptcy Proceedings In an announcement, Youbit told its users that they will only be...

    Joseph Young | December 20, 2017 | 11:35 am
  • o BITCOIN facebook

    Did CFTC Regulations Prevent Bitfinex From Offering Cold Storage?

    On June 2, the U.S. Commodity Futures Trading Commission (CFTC) fined Bitfinex US$75,000 for handling illegal off-exchange financial retail commodity transactions without registering as a futures commission merchant. The CFTC – alongside other regulators – required the exchange to deliver the digital currency directly to their users, instead...

    Joseph Young | August 3, 2016 | 4:02 pm

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