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Twitter Hack: ‘Coordinated Social Engineering Attack’ on Employees Led to Bitcoin Scam

A massive scandal occurred on micro-blogging service Twitter yesterday as hacker/s took over popular cryptocurrency and technology accounts to patronize a Bitcoin scam. Hacked Early on Thursday, crypto-exchange Binance tweeted they “partnered up with an organization called CryptoForHealth and that they would be “giving back 5000 BTC to the community.” Similar messages were

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1300% Increase In BitcoinAbuse Reports in April Led by Sextortion

The number of Bitcoin (BTC) extortion reports filed by the users of BitcoinAbuse.com database increased 1,300% in April, perhaps with scammers taking advantage of the quarantined population.BitcoinAbuse.com allows anyone to report cases of criminals trying to extort Bitcoins from potential victims. Alan Reed told Cryptox that he founded the site

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Crypto Finance Startup Amber Raises $28M in Series A Led By Pantera, Paradigm

Amber Group, a Hong Kong-based startup offering a range of cryptocurrency finance services, has raised $28 million in a Series A round.Leading the investment are Paradigm and Pantera Capital, with Polychain Capital, Blockchain.com, Coinbase Ventures and Fenbushi Capital also participating. Existing investor Dragonfly Capital was also on board. Announcing the

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