Tag: Bitcoin hack

  • 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
  • Cryptsy Sued for Holding Nearly 5 Million USD of User Funds. newsbtc

    Cryptsy Sued for Holding Nearly US$5 Million of User Funds

    Growing controversies surrounding the legitimacy of Cryptsy and the recent withdrawal issues have led Silver Law Group, along with the law firm of Wites & Kapetan, P.A., to file a nationwide class action lawsuit in federal court against Florida-based cryptocurrency exchange operator its principal, Paul (“Big Vern”) Vernon. Over the...

    Joseph Young | January 14, 2016 | 6:19 pm
  • bitcoin, DDoS, bitcoin hack

    DDoS Epidemic Hits Bitcoin News Websites

    Last week, some of the top bitcoin news site services were down for some time. At the time of writing of this article our competitor, Cryptocoinsnews (CCN), has been down for more than 5 hours with 522 and/or 525 page errors loading for users attempting to visit their...

    Jayanand Sagar | November 23, 2015 | 7:30 am
  • bitcoin hacking. hackers, Hacker illustration. Newsbtc Bitcoin news

    Bitcoin Hacking Group Targeting Australian Banks?

    A bitcoin hacking group calling itself “DD4BC” which stands for “distributed denial of service for bitcoin” is allegedly targeting Australian banks like Macquarie and Westpac. These reported extortion campaigns have reportedly been running since May this year, prompting authorities to initiate a new cybersecurity outfit called the Australian...

    Sarah Jenn | September 30, 2015 | 11:00 am
  • The Ultimate Guide To Dealing With Bitcoin In a Hacker Proof Computing Environment

    The Ultimate Guide To Dealing With Bitcoin In a “Hacker-Proof”

      No one can argue that bitcoin has become a phenomenon that can’t ever be overlooked; the number of mainstream businesses adopting it, as a payment method, is increasing steadily and more and more venture capitalists are chipping in into various bitcoin startups. However, as the world’s first cryptocurrency is...

    Jayanand Sagar | September 28, 2015 | 12:38 am

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