Binance is one of the top cryptocurrency exchange in the world with traffic reaching upto 1,183,000 visits per day (up 13% in April) as per @kerooke . However after hackers stole 7000 bitcoins, Binance suspended all deposits and withdrawal without…
Binance Report $40 million Hack!
Binance is reportedly the latest casualty of a crypto heist. Binance- one of the world’s largest crypto-currency exchanges- said hackers stole 7,000 Bitcoins worth about $40 million dollars. This enormous heist according to them was carried out via a single…
Organized cyber-attacker group Lazarus continues to raise the crypto malware risks with new techniques
Crypto exchanges continue to be threatened by Lazarus, the organized group of cyber attackers. The group continues to evolve their crypto malware techniques, making detection harder.
Malta turns to Crypto Security Firm to help Limit Financial Crimes Risk
Malta is reportedly turning to crypto sleuthing startup CipherTrace in order to get technical help addressing the risk of financial crimes in its licensed digital asset industry. The countries top authority in finances which is the Malta Financial Services Authority…
Ripple CTO Refutes Claims of XRP Vulnerability and says Bitcoin is at a ‘Dead End’.
Fresh from making headlines after their partnership with non-profit firm, Tipping point, Ripple is heavy on the news again. This time courtesy of its CTO David Schwartz, who said that he believed Bitcoin was far more vulnerable to attacks in…
ETC transaction charges hiked; investors cry foul
Ethereum Classic Blockchain has abruptly incurred a surged transaction cost on the network and investors are worried. This has raised eyebrows among users with pundits speculating a possible double spend attack cooking. In the wake of double spend attacks that…
‘Bulletproofs’ effect: Monero transaction charges drop to near zero in a single week
Monero, the 10th biggest cryptocurrency network has witnessed a steep drop in its transaction charges thanks to a successful system upgrade that took effect last Thursday. Reports from CoinMetrics show that the execution of the network’s hard fork scheduled for…
A UK Security service giant adopts crypto custody services to secure “investors’ digital assets”
G4S, a giant security firm based in the UK has for the first time adopted crypto custody services in an effort to secure investors’ digital assets. While broadcasting the move through a press release dated October 16th, the firm indicated…
Crypto Is Not Effective for Terrorism Financing
The US foundation for defense of Democracies (FDD) center of sanctions and illicit finance shows that crypto-currencies are ill-suited for financing terrorist groups as has been earlier alleged by various regulatory bodies. While delivering the report during his speech at…
Coinbase Will Soon Have Asset Education Pages after Successful Testing
Unless you have been living under a rock you have probably heard of cryptocurrencies. Crypto has been rocking the headlines the past two years or so with investors and enthusiasts raving about various crypto tokens. A lot of consumers though…