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Billionaire Mark Cuban: Bitcoin Is “Too Difficult to Use, Too Easy to Hack”

During a conversation with Forbes, the billionaire owner of the NBA team Dallas Mavericks Mark Cuban expressed his concerns about this new class of digital assets and why he believes Bitcoin(BTC)trade and crypto at large wouldn’t make it as the generally accepted form of payment in the coming years.“Not because

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Signs Point to Inside Job in Upbit Crypto Exchange Hack, Says Commentator

Following the theft of 342,000 Ether (ETH) ($50 million) from major South Korean crypto exchange Upbit, some commentators have suggested that the hack was actually an inside job.As Cointelegraph contributor Joseph Young tweeted on Nov. 27:“The ‘hacker’ timed when UPbit was making crypto transfers to its cold wallet (other

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Vietnam-Based Crypto Exchange VinDAX Loses at Least $500K to Hack

VinDAX, a Vietnam-based crypto exchange, became the target of a sophisticated hacking attack that saw it loses $500,000 (and perhaps more) in digital assets, the company acknowledged on its Telegram group. The attacker(s) stole 23 digital assets, most of which belonged to the customers and investors of VinDAX.Although VinDAX is

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US Attorney’s Office Indicts Two Suspects in EtherDelta Hack

The United States attorney's office for the Northern District of California has indicted two suspects — Elliot Gunton and Anthony Tyler Nashatka — for hacking EtherDelta, a non-custodial marketplace for trading Ethereum (ETH) ERC-20 tokens, in December 2017.According to the documents originally filed on Aug. 13, Ganton and Nashatka

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Russian ZP Legal Claims They Can Recover Mt. Gox’s $2 Billion Lost in Bitcoin Hack

Russian law firm Zheleznikov and Partners has proposed a way to recover up to 200,000 Bitcoin stolen from Mt. Gox exchange. They want to take legal action against Russian nationals who received the stolen money.Moscow-based law firm Zheleznikov and Partners (ZP Legal) claims has put forward a proposal on how

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