Police in Norway have issued a warning to crypto owners, saying they should take measures to ensure their own security with things like multi-signature (multisig) solutions and alarm systems. The warning comes after a couple in Sweden in late April were assaulted and forced to hand over crypto worth a “significant” amount of money….…
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Finland’s government will reportedly donate bitcoin (BTC) seized in criminal operations to Ukraine, to support the latter’s war efforts against the Russian invasion. Per the Finnish media outlet Helsingin Sanomat, the Finnish government has amassed BTC 1,981 (USD 78m). The coins have been seized by Finnish customs officials in “investigations related to” crimes such…
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Ransomware attackers are increasingly asking for payments in privacy coins like monero (XMR), while still mostly accepting bitcoin (BTC) payments but with a premium, per a new report. According to the report by CipherTrace, a crypto intelligence company, demanding ransomware payments in XMR has been a trend among attackers in 2021. … Read More: Monero…
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The crypto exchange Bitfinex and the USDT issuer Tether have set up a crypto relief fund to aid the families of the people affected by the gang-related violence in El Salvador – although the government’s controversial crackdown on gang crime continues to intensify in the country…. Read More: Bitfinex, Tether Launch Bitcoin, USDT Donation…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services to Russia + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
John Ennis, Ecosystem Lead of Gnosis Safe, a multi-signature (multisig) wallet solution. ______ From BAYC, Cryptopunks, Meebits, NFT collections are gaining mainstream attention from brands to celebrities to everyday individuals, but not all this attention has been positive. NFT hacks, phishing scams, and YOLO signed rug pulls are plaguing the metaverse. The OpenSea phishing…
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International bitcoiners will be turning their eyes to El Salvador again this week – but some are concerned that government’s aggressive recent crackdown on gang crime could undermine its standing in the bitcoin (BTC) community…. Read More: Bukele Returns to Miami Bitcoin Conference as Gangland Crackdown Takes Gruesome Turn Read more »Pay, Trade, Buy…
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The recent hack of Axie Infinity’s Ronin bridge reveals how proof-of-stake (PoS) chains still struggle with a fundamental flaw in their design, with speed and energy efficiency prioritized over security, an analyst at crypto exchange Huobi has said…. Read More: Axie Infinity’s Ronin Hack Exposes Risks of Proof-of-Stake and Centralization – Analysts Read more…
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The first quarter of 2022 is about to end with one of the largest crypto thefts, as the gaming-focused Ronin bridge, which connects blockchains, has been exploited to the tune of more than USD 600m…. Read More: Over USD 600M Stolen in Blockchain Bridge Hack as Axie Infinity’s Ronin Exploited Read more »Pay, Trade,…
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Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is another stark reminder for all NFT investors to be extra careful – and less trusting – when it comes…
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