Saturday, February 16, 2019
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US-Based Tech Company Sheds Light Into Alleged Attack of its Crypto Wallet

Tech Startup Reveals Details Regarding Previous Attacks, Releases Various UpdatesU.S.-based tech company Bitfi witnessed scrutiny following the launch of its hardware wallet and bounty program. After being implicated in a dispute on social media where several hackers and security professionals claimed they hacked the Bitfi wallet, the company has shed

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Fifteen Alleged Operators of $8 Million Crypto Scam Arrested in Taiwan

Police in New Taipei, Taiwan, have arrested fifteen suspects for allegedly running a cryptocurrency scam that earned them millions of dollars, English-language local media Focus Taiwan reports on Jan. 26.According to the article, the chief of the Criminal Investigation Bureau (CIB) Li Chi-hsun said at a press conference that the

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Blockchain Startup Stox and Founder Sued for $4.6 Million Over Alleged Fraud

A Chinese investor has sued a prominent Israeli crypto entrepreneur and his blockchain firm Stox (STX) over alleged fraud, English-language newspaper The Times of Israel reports Jan. 25.The investor, Zhewen Hu, is suing Stox and its founder for $4.6 million, according to the report. Hu allegedly invested a total of

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McAfee to Lead 2020 Presidential Campaign ‘in Exile’ After Alleged IRS Indictment

United States entrepreneur and serial cryptocurrency advocate John McAfee has fled the country to conduct his 2020 presidential campaign, he said in a video statement Jan. 22.  McAfee claims he has been indicted by U.S. tax authorities and plans to run his campaign from a boat in international waters.The controversial

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New Zealand Police Confirm Investigation Into Alleged $3.6 Million Hack of Cryptopia

Police in New Zealand confirmed they are investigating what appears to be a major hack of local cryptocurrency exchange Cryptopia worth at least $3.6 million, a press release stated on Jan. 16.Cryptopia, which abruptly shut down its website and exchange services on Jan. 14, subsequently said it had detected malicious

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Two Alleged Ethereum ‘Scam Forks’ Appropriating Users’ Private Keys, Report Finds

Altcoins Ethereum Nowa (ETN) and Ethereum Classic Vision (ETCV) are reportedly appropriating the private keys of users trying to redeem their allegedly forked coins. The suspected scam was covered in a report sent to Cointelegraph by the Guarda Wallet development team on Jan. 11.The official website of the Ethereum Nowa

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Dave Rubin Turns to Bitcoin for Crowdfunding After Alleged Patreon Censorship

American libertarian political commentator Dave Rubin has announced he is turning to Bitcoin (BTC) in lieu of the crowdfunding platform Patreon, in protest against the latter’s alleged censorship practices. Rubin made his announcement on Twitter Jan. 6.In an interview with the Washington Examiner last week, Rubin explained his decision to

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Silver Miller Files Lawsuit Against Creator of Alleged Crypto Ponzi Scheme

 United States crypto-focused law firm Silver Miller has filed a lawsuit against a purported crypto hedge fund manager who was allegedly operating a fraudulent Ponzi scheme. The court documents were published to the Silver Miller website Dec. 26.The case — which has been filed at the Court of the Southern

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South Korea Regulators Indict Three Upbit Employees for Alleged Trade Volume Manipulation

South Korea’s largest cryptocurrency exchange Upbit has denied accusations it had manipulated its order book after regulators indicted three of its staff, local English-language news outlet The Korea Times reported 21.Upbit, which is owned by developer Dunamu, is accused of falsely inflating its volume figures on three occasions between October

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