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Crypto Exchange Cryptopia Reveals Customer ‘Rebate’ Plan after $16 Million Theft

Crypto Exchange Cryptopia Reveals Customer ‘Rebate’ Plan after $16 Million TheftNew Zealand-based cryptocurrency exchange Cryptopia isn't open for trading just yet, but the exchange has announced a reimbursement plan for customers. | Source: ShutterstockMore than a fortnight since Cryptopia hinted at reimbursing users affected by a security breach that occurred

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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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The Biggest US Automaker Turns to Blockchain to Help Save Millions in Identity Theft

General Motors Financial has partnered with blockchain company Spring Labs to help reduce identity theft. It’s a move that could potentially save the car maker millions of dollars in fraud costs.As CCN previously reported, 95% of carmakers expect to use blockchain technology in the next three years, but General Motors

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International Police Collaboration Leads to Arrest of Suspect in $11 Million IOTA Theft

Following international police collaboration, a 36-year-old individual suspected of the theft of over $11 million in IOTA, as well as fraud and money laundering, has been arrested on Jan. 24. Europol published a statement detailing the investigation on the day of the arrest.The suspect was reportedly arrested by United Kingdom’s

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Coincheck gets FSA approval to run cryptocurrency exchange one year after the NEM theft

About a year after a massive digital heist that shocked the cryptocurrency industry around the world, Japan’s financial watchdog gave Coincheck Inc. the green light Friday to officially run a virtual currency exchange. Following the Coincheck hacking case in late January that cost the Tokyo-based startup ¥58 billion worth of NEM

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Bulgarian Authorities Arrest Three Men over Bitcoin Theft, Recover $3 Million

The Bulgarian police force has arrested three men for orchestrating a cryptocurrency theft worth $5 million and local authorities have only succeeded in recovering $3 million from them, plus a car worth about $34,800, reported  Finance Magnates on November 26, 2018. Three Cryptocriminals Nabbed Per sources close to the matter, the Bulgarian

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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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21-Year Old American Purported SIM Swapper Arrested for Alleged Theft of $1 Mln in Crypto

Authorities in the U.S. state of California have arrested a 21-year old New Yorker for the alleged theft of $1 million in crypto using “SIM-swapping,” U.S. broadsheet the New York Post reported Nov. 20.SIM-swapping — also known as a “port-out scam” — involves the theft of a cell phone number

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Mining Giant Bitmain Sues Unknown Hacker for Alleged Theft of $5.5 Million in Crypto

China-based Bitcoin (BTC) mining giant Bitmain has sued an anonymous hacker for the alleged theft of cryptocurrency worth $5.5 million from Bitmain’s account on Binance in April, according to a lawsuit filed with the U.S. District Court for the Western District of Washington at Seattle on Nov. 7.As stated in

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