[ad_1] In April, the Secret Service seized 100 Bitcoins from Clark, NYT reports. Weeks later, Bennett received a letter explaining that the Secret Service had recovered 100 of his Bitcoins. The letter cited the same code assigned to the coins seized from Clark. A Secret Service agent told Bennett that the person with the stolen […]
Category: Cryptocurrency
The FBI is investigating the Twitter Bitcoin hack
[ad_1] Reuters had previously reported the FBI would launch an investigation into the hack. The FBI inquiry is now one of multiple investigations into the incident, which has drawn scrutiny from a number of officials. New York Governor Andrew Cuomo also announced an investigation into the attack. Cuomo said the hack was “deeply troubling and […]
Crypto scammers hack Elon Musk, Apple and Bill Gates on Twitter
[ad_1] Screenshot/ Twitter The attacks appeared to be coordinated, with similar messages shared on multiple accounts. Musk’s account later replied to the previous tweet, referencing Gates. “Me and my brother Bill Gates are returning the favor today! Stay safe out there!” Twitter/ screenshot Screenshot / Twitter Similar scams were tweeted from another of other high-profile […]
Telegram to pay $18.5 million and return $1.2 billion following SEC crypto charges
[ad_1] Come the middle of October, however, the SEC had intervened, obtaining a temporary restraining order against the company. The agency said Telegram didn’t register the offering with its office, and since it sees Grams as securities, it accused the company of violating the Securities Act of 1933. Then, in March, the US District Court […]
Brave’s ‘privacy’ browser redirected crypto URLs to affiliate links
[ad_1] “The autocomplete default was inspired by search query clientid attribution that all browsers do, but unlike keyword queries, a typed-in URL should go to the domain named, without any additions,” said Brendan Eich, Brave CEO and Mozilla co-founder. Eich explained that the company is “trying to build a viable business,” mostly by offering users […]
Supercomputers across Europe have fallen to cryptomining hacks
[ad_1] Cryptomining hacks aren’t new by any stretch, but a string of recent incidents is raising eyebrows. ZDNet reports that culprits infected multiple European supercomputers with Monero mining malware in the past week, including the University of Edinburgh’s ARCHER, five of bwHPC’s computer clusters and most recently a cluster at Munich’s Ludwig-Maximilians University. That’s unusual […]
Facebook’s global currency plans were always doomed
[ad_1] Now, Libra will tie itself to a series of currencies, including US Dollars, Euros, and British Pounds. As TechCrunch explains, “when you send one Libra, you’ll actually send a fraction of USD-backed, EUR-backed, GBP-backed (etc.) stablecoins.” That should be an effective hedge against currency fluctuations, but it’ll hardly remove the risk for buyers or […]
New York power plant mines Bitcoin using excess energy
[ad_1] The facility and its mining partner, Atlas Holdings, characterized this as a win for both the plant and the community. In theory, this helps the facility turn a profit while creating more jobs and tax revenue. It’s a logical fit, at least, as cryptocurrency mining often depends on large amounts of energy — something […]
Ohio man charged for laundering $300 million through Bitcoin ‘mixer’
[ad_1] It’s not clear what level of punishment authorities want if Harmon is found guilty. However, the charges of money laundering conspiracy, running an unlicensed money transmitting business and sending money without a DC license could add up to a significant amount of time behind bars. A charge for an unlicensed money transmitting business carries […]
Vodafone is the latest to leave Facebook’s Libra Association
[ad_1] The Libra Association’s policy and communications head Dante Disparte remained optimistic in a statement, noting that Libra’s governance and underlying tech would help the platform “remain resilient.” This isn’t a disaster for Libra, and a CoinDesk source said the Association intended to add members later in 2020. There’s a waiting list of more than […]