Jan 06, 2021 at 13:52
News
5 Biggest Flaws of Cryptocurrency Industry in 2020
2020 was quite a controversial year for the cryptocurrency industry. It started with the bearish sentiment, triggering the collapse of the market. However, the second half of the year turned out to be positive for cryptocurrency, as COVID-related lockdown triggered a significant interest in it.
Oct 16, 2019 at 08:05
News
FBI Investigates Hack of Blockchain-Powered Voting App
The Federal Bureau of Investigation (FBI), the United States (US) principal federal law enforcement agency, has started investigations into the alleged hack attempt on a blockchain-powered voting app in the 2018 midterm polls in West Virginia. The event has put the future of Voatz at stake notwithstanding securing funds of around $7 mln to upgrade its distributed ledger technology (DLT) voting app.
Jun 25, 2019 at 09:21
News
Hackers Who Stole $100 Mln in Bitcoin Arrested in Israel
The two brothers from Jerusalem, Israeli identified as Eli Gigi (31 years of age) and Assaf Gigi (21), have been arrested on suspicion of being responsible for the infamous Bitfinex hack that cost the cryptocurrency exchange a loss of over $100 million, according to the investigators of the national cyber unit at Lahav 433, who started the investigations back in 2017.
Jun 13, 2019 at 14:27
News
Over $9.2Mln XRP on the Move After GateHub Exchange Hack
The world’s third largest cryptocurrency by market cap, Ripple (XRP), is on the move after an unsuspected attack by anonymous hackers. Early this month, around $9.2 million worth of Ripple (23 mln of XRP) was illegally fetched from GateHub, a digital currency wallet service provider. It looks like the hackers are now in the process of moving the stolen Ripple and cashing out at any available opportunity.
Mar 30, 2019 at 09:07
News
Users Remain in Fear of CoinBene Crypto Exchange Hack
Hackers have taken advantage of the digital and embryonic nature of the cryptocurrency industry, and led both crypto exchange companies and users to shed tears. Now, CoinBene, one of the leading exchanges on the market according to coinmarketcap (CMC), has announced that it wasn’t hacked. The company was only carrying out maintenance - so it tells its users not to be worried.
Jan 17, 2019 at 11:27
News
New Zealand: Over 40 Users Demand Refund from Hacked Cryptopia Exchange
After the heavy loss from the hacked Cryptopia cryptoasset exchange, around 40 individuals have come out to reclaim their funds, according to Radionz, a New Zealand-based news outlet. Cryptopia is the first crypto exchange platform to endure hack crises in this very year. After the distinct event, police have started looking into the matter and the total amount of money that has been stolen.
Oct 04, 2018 at 09:11
News
Facebook’s Most Recent Hack Confirms a Worldwide Demand for Blockchain Tech
The most recent news out of Facebook this week is that the large social network has been subject to yet another mass information hack, one that introduces doubt regarding the integrity of users information on Facebook. These kinds of hacks are becoming rampant within social networks and set very rotten news to people like Mark Zuckerberg that are struggling to make their social media platforms a safer and secure place.