A small Estonian crypto exchange has come under fire for suspending 61 altcoin pairings and freezing customer funds without explanation. Users are accusing Estonian cryptocurrency exchange, Crex24, of hiding the scale of a hack from its users after suspending trade for several altcoin pairings. Crex24’s members claim that the exchange has not given an explanation…
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A case filed in the United States District Court last year alleges two people stole $250 million worth of virtual currency. Cryptocurrency companies may constantly be trying to improve their usability and security, but when there’s a weakness for hackers to exploit, they go big or go home. According to court documents released by Seamus…
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A SIM card attack reportedly sees a total of $45 million stolen, while the consequences for Bitcoin Cash will be severe, warns Dovey Wan. Altcoin Bitcoin Cash (BCH) has become the subject of intense speculation after a major investor claimed he lost $30 million in a wallet hack. In a now-deleted Reddit post from Feb.…
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The IOTA Foundation is strongly recommending users of its official wallet to immediately change their passwords. Responsible for one of the top performing cryptocurrencies, IOTA is continuing to release new information in response to a Feb.12 hack on its official wallet. According to a Feb. 19 status update, the IOTA Foundation strongly recommends users of…
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Following a hack of IOTA official wallet on Feb. 12, the IOTA Foundation has released what it is calling a safe desktop version of the Trinity wallet. Following an apparent hack of IOTA (MIOTA) official wallet on Feb. 12, the IOTA Foundation has released a safe desktop version of the Trinity wallet. According to a…
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North Korea’s internet use saw a 300% surge over the past three years as the country’s regime has continued to rely on cryptocurrencies. North Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities. Exploitation of crypto and blockchain technology…
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Italian crypto exchange Altsbit announced that it will close in May 2020 after losing about $70,000 in a hack on Feb. 5. Altsbit, a small cryptocurrency exchange that lost “almost all funds” in hack on Feb. 5, will shut down its services in May 2020. After Altsbit first reported on the hack on Twitter on…
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Edge, the web browser of information technology giant Microsoft, now blocks cryptojacking malware. Edge, the web browser of information technology giant Microsoft, now blocks cryptojacking malware. A Microsoft Edge spokesperson told Cointelegraph on Feb. 10 that the latest version of the web browser features a new PUA (Potentially Unwanted Apps) blocking feature that may block…
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Hackers compromised five United States law firms this week, demanding two $933,000 ransoms for restoring and not publishing data. Hackers compromised five United States law firms and demanded two 100 Bitcoin (BTC) (over $933,000 at press time) ransoms from each firm: one to restore access to the data, one to delete their copy instead of…
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Kraken’s security division revealed that the entire family of Trezor wallets can be hacked to steal private keys, though the method requires specialized hardware. Kraken Security Labs revealed on Jan 31. that Trezor hardware wallets and their derivatives can be hacked to extract private keys. Though the procedure is quite involved, Kraken claims that it…
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