Examples of Exchange hacks
▶️Mt Gox (2011/2014) Easily the most infamous of all exchange breaches, the ramifications of the hacks are still felt even to this day, as users are yet to be fully reimbursed for their losses. Mt Gox was hacked twice, first in 2011 then again in...
ICO Hotbed Lithuania Now Builds Blockchain Hub
One of the hotbeds for initial coin offerings (ICOs), Lithuania aims high with its blockchain adoption related ambitions, also. The country is considering using blockchain for its public services, while ‘traditional companies’ are increasingly lookin...
Japanese Cryptocurrency Exchange Hacked, 59USD Million in Losses Reported
Hackers have reportedly stolen $59 million worth of cryptocurrencies from Japanese cryptocurrency exchange Zaif, Cointelegraph Japan reports September 19. According to a local report, as a result of a security breach on September 14, hackers manag...
New York University Offers Major in Blockchain Technology
New York University (NYU) has reportedly become the “first” university in the U.S. to offer students a major in blockchain technology, CBS New York reported September 18. The program will reportedly be provided by the NYU Stern School of Business,...
Top Ten US Bank Joins Ripple Blockchain RippleNet for Cross Border Payments
PNC Bank, the 9th largest bank in the United States by assets, has joined Ripple’s enterprise blockchain network RippleNet in what is a noteworthy addition for the San Francisco-based fintech. With over $380 billion in assets, Pittsburg-based PNC...
Texas Regulators Shut Down Three Cryptocurrency Scams
The Texas State Securities Board has issued an emergency action to halt the deceitful offerings of investments in three cryptocurrency related schemes. The agency entered a cease and desist order against Coins Miner Investment Ltd, DigitalBank Ltd...
Is CryptoMiningFarm A Scam?
CryptoMiningFarm is some type of Thai pyramid scheme based on bitcoin mining. Find out how this investment scheme works today in our review. What Is CryptoMiningFarm? CryptoMiningFarm is a pyramid scheme found online at CryptoMining.farm. The sche...
Cryptocurrencies Compared to Stocks
Cryptocurrency enthusiasts are quick to point out the massive gains in the space, particularly over the last year. Major digital currencies like bitcoin climbed by orders of magnitude of value in the span of months. Traditional investors, though, are...
Crypto Carnage As Over 800 Cryptocurrencies Are Dead
Call it the death of cryptocurrencies, or maybe just the slow leak of a crypto bubble. In the recent carnage of cryptocurrencies, where the most popular token bitcoin has shed around 70%, around 800 cryptocurrencies are now worth less than one cent,...
Buterin ETH Will Be Worthless Unless Protocol Changes
In response to claims that the Ether (ETH) cryptocurrency is headed for collapse unless the protocol changes, Ethereum co-founder Vitalik Buterin agrees for now. “In Ethereum as it presently exists, this is absolutely true, and in fact if Ethereum...