Cryptocurrency Analysis and News Portal
Cryptocurrency derivatives exchange FTX has received a $150 million lawsuit for market manipulation and selling unlicensed securities in the United States. Uploaded to social media by End of the Chain podcast host Samuel McCulloch on Nov. 3, sections of the lawsuit document show FTX accused of “attacking” fellow exchange
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Seth Shapiro, a California resident who claims to have lost a massive $1.8 million worth of Bitcoin and altcoins through a SIM swapping attack in May 2018, has filed a lawsuit against AT&T. Shapiro claims the telecoms operator made it possible for hackers to gain control of his AT&T wireless
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The European Union Agency for Law Enforcement Cooperation (Europol) released its 2019 Internet Organized Crime Threat Assessment (IOCTA) report.Crypto exchanges continue to be a magnet for hackersOn Oct. 9, Europol presented its IOCTA report of the cybercrime threat landscape. According to the EU-focused law-enforcement organization, cybercrime must be approached
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Alluding to the spate of controversies that have beset the project, Ripple CEO, Brad Garlinghouse, has argued that Ripple’s “transparency has opened us up to attack.”“10 or 100x more transparent than anyone else in crypto”In an interview for the Off the Chain podcast hosted by Morgan Creek Digital Assets
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Bitcoin Core developer Greg Maxwell has criticized the “attractive mystery” that fear of a 51% attack on Bitcoin (BTC) entails, arguing that it betrays a fundamental lack of understanding about the cryptocurrency.In a Reddit post published on Oct. 5, Maxwell argued that any mechanism cooked up to mitigate the
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The online processes of Jerez de la Frontera, a city of more than 200k inhabitants located in southern Spain, have been crippled by a severe ransomware attack. The hackers are demanding an undisclosed amount in bitcoin and Spanish authorities are yet to pay the ransom and have instead deployed three
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Bitcoin appeared stuck in a price-range on Monday as attacks on Saudi Arabia’s oil facilities raised concerns over global energy supply and renewed tensions in the Middle East.The spot bitcoin rate slipped 0.03 percent to $10,301.78 on Coinbase, while bitcoin futures on CME surged by 1.12 percent to $10,380 as
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The United Kingdom arm of cryptocurrency exchange Coinbase settled a two-month legal battle with a man who lost 80 Bitcoins (BTC) in an email phishing attack.Stolen Bitcoin diverted to CoinbaseOn Sept. 10, legal news site Law360 reported that Coinbase U.K. had reached an undisclosed settlement with Liam Robertson to
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