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Hacker Involved in 15 Mln Yen Crypto Theft Referred to Prosecutors

An 18-year-old hacker was referred to prosecutors in the Japanese city of Utsunomiya for stealing cryptocurrency, local news outlet Japan Today reported on March 14.The cybercriminal allegedly hacked Monappy, a digital wallet which can be installed on a smartphone, and stole 15 million yen ($134,196) of cryptocurrency between Aug.

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Turkish Police Arrest 24 Suspects Involved in Hacking Crypto Firm, Local Media Reports

Turkish police have arrested 24 people allegedly involved in a 13 million Turkish lira ($2.47 million) hack from an unnamed crypto firm in Istanbul, local government-backed media Daily Sabah reported on Feb. 12.Following a report of an alleged hack from a crypto-related company in Istanbul, the city police’s Cybercrime Department

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Ethereum Classic Double Spending Involved More Than $1.1 Million in Crypto

A deep reorganization of the Ethereum Classic (ETC) blockchain, which reportedly included double spending, has involved more than $1.1 million worth of crypto, United States crypto exchange Coinbase revealed Monday, Jan. 7.According to the Coinbase blog, the team first detected eight reorganizations that included double spends, totaling 88,500 ETC (approximately

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70% of Central Banks Involved in CBDC Research, Only Several Have Concrete Plans

A new report published on Jan. 8 by the Bank for International Settlements (BIS) has found that seventy percent of central banks worldwide are conducting research into central bank digital currency (CBDC) issuance. However, concrete plans for implementation and motivations vary considerably across contexts.The BIS is an organization based in

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US Treasury Dept. Takes Action Against Two Iranians Allegedly Involved in BTC Ransomware

The U.S. Treasury Department has sanctioned two Iranians allegedly involved in Bitcoin (BTC) ransomware scheme SamSam, the Treasury reported in an official press release today, Nov. 28.The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action on Wednesday against two Iranian individuals, Ali Khorashadizadeh and

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Bulgarian Prosecutors Detain Three Hackers Allegedly Involved in $5 Million Crypto Theft

Bulgarian Gendarmerie forces and specialized prosecutors have arrested three hackers allegedly involved in stealing $5 million in crypto, Sofia-based newspaper 24 Chasa reports Monday, Nov. 26.Bulgarian police reportedly seized cryptocurrencies worth around $3 million, as well as the equipment allegedly used by the thefts, including computers, flash drives, and a

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Tokyo Police Arrest 8 Men Allegedly Involved in $68 Million Crypto Pyramid Scheme

Tokyo police have arrested eight men that are suspected of collecting a total amount of $68.4 million in cash and cryptocurrency using a pyramid scheme, Japanese daily newspaper Asahi Shimbun reports Wednesday, Nov. 14.The suspects claimed to run a U.S. investment company dubbed “Sener,” conducting seminars with foreign speakers. The

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Shapeshift’s CEO about Vitalik Buterin: “Ethereum Is Better Because He’s Involved.”

Erik VorheesIn a short conversation with Ran Neuner, host of CNBC’s Crypto Trader, Eric Vorhees, CEO of ShapeShift shared his views on the future of cryptocurrencies and blockchain technologies. According to Vorhees, there are many exciting things in the crypto-verse, beyond the pure speculation that many people tend to focus

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Huobi on Alleged EOS ‘Mutual Voting’ Scandal: ‘No Financial Contracts Involved’

Chinese cryptocurrency exchange Huobi has responded to accusations it has “colluded” with EOS on “mutual voting” practices, Tuesday, October 2.In a brief statement, the exchange said an investigation into the allegations which Cointelegraph reported on October 1 was “still ongoing.”“Based on the initial investigation, there were no financial contracts involved

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Apple’s Steve Wozniak Plans to Get ‘Involved’ in Blockchain Project for First Time

Apple co-founder Steve Wozniak has announced that he plans to get “involved” in a blockchain project in what is a “first” for him. The statement was made at the ChainXchange blockchain conference and reported by NullTX news site August 19. At the ChainXchange conference, held in Las Vegas, U.S. August

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