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‘Don’t Leave Your Coins In Exchanges,’ Says Crypto Entrepreneur Who Lost All His Assets

BlockShow Speaking today at BlockShow Asia 2019, Genesis Block HK co-founder Clement Ip shared a negative personal experience during a panel on how Asian trading firms make profits. His company is a blockchain venture capital firm, crypto quant hedge fund, and mining company focused on investing i..

SIM-Swap Victim Sues Crypto Exchange Bittrex for $1M Bitcoin Theft

News Gregg Bennett, a SIM-swap hack victim and angel investor, sued cryptocurrency exchange Bittrex over allegedly allowing the theft of nearly $1 million in Bitcoin (BTC). According to a press release published on Oct. 30, Bennett believes the exchange violated its own security standards and allo..

California Man Sues AT&T Over Loss of $1.8M and Crypto Accounts

News California resident Seth Shapiro has filed a lawsuit against wireless service giant AT&T alleging that its employees helped to perpetrate a SIM-swap which resulted in the theft of over $1.8 million in total, including cryptocurrencies. The complaint filed on Oct. 17 claims that Shapiro is “a ..

Fusion Network’s Token Swap Wallet Compromised, FSN Price Plummets

News Fusion Network’s token swap wallet was compromised. Roughly a third of FSN tokens was stolen as a result. Fusion Foundation announced in a Medium post published on Sept. 29 that its swap wallet was compromised, which resulted in the theft of 10 million native FSN and 3.5 million Ethereum (ETH..

North Korea Denies Involvement in Massive Crypto Hacks

If you were to search up a satellite image of North Korea, you would find darkness. Unlike the nation just south of the border, North Korea is barren of lights, being subject to power outages caused by sanctions, resource mismanagement, and so on and so forth. Despite this, the hermit kingdom has b..

Cryptojacking Code Found in Eleven Open Libraries, Thousands Infected

News A Cryptojacking code was found in 11 open-source code libraries written in Ruby, which have been downloaded thousands of times. Industry news outlet Decrypt reported on Aug. 21 that cryptojacking code has been added to 11 open-source Ruby libraries distributed on the RubyGems platform. Per th..

19-Year-Old Sentenced to 20 Months for Selling Stolen Data for BTC

News Elliot Gunton, aged 19 and of Mounteney Close in Norwich, pleaded guilty to supplying online personal data and hacking services for cryptocurrency. A hacker for hireA press release published on Aug. 16 by the Norfolk police reports that the man was sentenced to 20 months in prison and ordered..

Chinese State-Sponsored Hacking Team Targets Crypto Companies

Many in the cryptocurrency ecosystem simply assume government agents are active therein. A new report making the rounds in the cryptoeconomy gives further credence to those assumptions in indicating a nefarious, state-sponsored force has entered the scene via a capable Chinese hacking team. The ha..

Exit Scams, State-Sponsored Hacks and a Very Expensive Valentines Day

From alleged exit scams to state-sponsored hacking and $6.1 million Valentines day gifts – it’s all happening in China right now. EtherDelta Busted Police in China have apparently begun investigating crypto trading platform EtherDelta over an exit scam. Partner at crypto investment fund Primitive V..

ShapeShift Addresses KeepKey Hardware Wallet Vulnerability Report

News Cryptocurrency swaps and hardware wallet producer ShapeShift addressed recent KeepKey hardware wallet vulnerability allegations. ShapeShift responded to an alleged vulnerability submitted through its responsible disclosure program in a Medium post published on Aug. 4. Per the announcement, th..

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