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

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

    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 in blockchain projects.

    TODAY

    News

    Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin

    Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin

    A former narcotics trafficker pled guilty to charges that he laundered $19 million in profit through Silk Road.

    11 NOVEMBER 2019

    News

    Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin

    Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin

    A former narcotics trafficker pled guilty to charges that he laundered $19 million in profit through Silk Road.

    9 NOVEMBER 2019

    News

    Riot Games’ Millionaire Founder Defrauded In $5 Million Amazon Cloud Cryptocurrency Mining Scam, DOJ Says

    Riot Games’ Millionaire Founder Defrauded In $5 Million Amazon Cloud Cryptocurrency Mining Scam, DOJ Says

    Marc Merrill, the cofounder of Riot Games, was the victim of a massive fraud that started in November 2014, when his American Express credit card information was used to buy up cloud computing power from Amazon, Google and others, according to a just-unsealed court filing discovered by Forbes.

    8 NOVEMBER 2019

    News

    Chinese police arrest former Bitmain employee, who is now CEO of its rival MicroBT

    Chinese police arrest former Bitmain employee, who is now CEO of its rival MicroBT

    Police in China have arrested Yang Zuoxing, a former employee of cryptocurrency mining chips manufacturer Bitmain and the current CEO of its rival MicroBT, the maker of WhatsMiner bitcoin miners.

    8 NOVEMBER 2019

    News



    Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes

    Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes

    The Australian Minister of Home Affairs Peter Dutton warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions.”

    7 NOVEMBER 2019

    News

    US fines founders of ‘worthless cryptocurrency’ over $4.25M binary options scam

    US fines founders of ‘worthless cryptocurrency’ over $4.25M binary options scam

    A US federal court has ordered defendants to pay $4.25 million in penalties as a result of operating a virtual currency scam known as ATM Coin.

    4 NOVEMBER 2019

    News

    Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit

    Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit

    Crypto exchange Bittrex is being sued over a SIM swap that netted criminals 100 bitcoin, currently worth nearly $1 million.

    4 NOVEMBER 2019

    News

    Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested

    Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested

    The operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S.

    28 OCTOBER 2019

    News

    Crypto Capital Principal Indicted on Fraud, Confirming Bitfinex Allegations

    Crypto Capital Principal Indicted on Fraud, Confirming Bitfinex Allegations

    Crypto Capital principal Oz Yosef was indicted on three criminal counts by the U.S. Attorney’s Office of the Southern District of New York Wednesday, Oct. 23, confirming statements made by Bitfinex’s general counsel Stuart Hoegner Friday.

    28 OCTOBER 2019

    News

    California Man Loses $1.8 Million Worth of Crypto Because of SIM-Swapping, Sues AT&T

    California Man Loses $1.8 Million Worth of Crypto Because of SIM-Swapping, Sues AT&T

    Seth Shapiro, a cryptocurrency investor from California, lost an eye-popping $1.8 mln worth of crypto because of a SIM-swapping attack, ABC News reports.

    25 OCTOBER 2019

    News

    Hackers are now selling ‘Raccoon’ data-stealing malware as a $200 monthly service

    Hackers are now selling ‘Raccoon’ data-stealing malware as a $200 monthly service

    A new kind of trojan malware is fast gaining currency among cybercriminals for its capability to steal sensitive information, such as credit card data, cryptocurrency wallets, and email credentials.

    25 OCTOBER 2019

    News

    Fraudsters put up for sale a database of 20 million Instagram accounts

    Fraudsters put up for sale a database of 20 million Instagram accounts

    Internet scammers put up for sale a database of 20 million Instagram accounts, having evaluated it at 2.8 bitcoins ($ 22 thousand). It included data of about 20 million accounts, while 20 thousand records from it, including phones, email, nicknames etc. ended up in the public domain.

    25 OCTOBER 2019

    News

    President of Crypto Capital arrested in alleged money laundering operation

    President of Crypto Capital arrested in alleged money laundering operation

    Crypto Capital President Ivan Manuel Molina Lee was arrested by Polish authorities, accused of being part of an international drug cartel and involved in its money-laundering operations using Bitfinex, according to several Polish news sites.

    25 OCTOBER 2019

    News

    Crypto Extortion on the Rise, Says Academic Study

    Crypto Extortion on the Rise, Says Academic Study

    Crypto-based extortion –  basically the process of using spam-flinging botnet armies to “ransom” dirty pictures and compromising information in exchange for bitcoin  –  has turned virtual crime into child’s play.

    23 OCTOBER 2019

    News

    Germany Warns of Privacy Token Usage in Money Laundering and Terrorism

    Germany Warns of Privacy Token Usage in Money Laundering and Terrorism

    The German Federal Ministry of Finance has expressed concerns about rising use of privacy tokens due to their association with criminal activities and difficulties in tracking them.

    23 OCTOBER 2019

    News

    Crypto-jackers now using fake WordPress plug-ins to mine cryptocurrencies

    Crypto-jackers now using fake WordPress plug-ins to mine cryptocurrencies

    Cryptojacking softwares have become a nuisance lately and the main issue that concerns many is that they are getting sophisticated with every passing year, making it quite difficult to track them. According to a new report by the security company Sucuri, scammers are using fake WordPress plug-ins to gain access to victim’s computers to mine cryptocurrencies.

    19 OCTOBER 2019

    News

    Brazil Opens A Formal Inquiry Into The Country’s Rampant Cryptocurrency Scams

    Brazil Opens A Formal Inquiry Into The Country’s Rampant Cryptocurrency Scams

    Brazilian Congressman Aureo Ribeiro, author of a bill that purports to regulate the Brazilian crypto market, requested the opening of a Parliamentary Inquiry Commission (PCI) to investigate crypto-related fraud in Brazil.

    19 OCTOBER 2019

    News

    US Law Enforcement Traces Bitcoin Transfers to Nab ‘Largest’ Child Porn Site

    US Law Enforcement Traces Bitcoin Transfers to Nab ‘Largest’ Child Porn Site

    A U.S. federal grand jury indicted a South Korean citizen for operating the largest child porn site by volume, where visitors spent millions of dollars worth of bitcoin to pay for the illegal content.

    16 OCTOBER 2019

    News

    Bitcoin Still the Preferred Cryptocurrency of Cybercriminals: Report

    Bitcoin Still the Preferred Cryptocurrency of Cybercriminals: Report

    One of the best-known, longest-lasting applications of Bitcoin has been its use as money by those who are involved in black market activities on the internet. Indeed, many Bitcoin users interacted with the cryptocurrency for the first time when they decided to purchase some ecstasy or weed from one of the many available darknet markets.

    14 OCTOBER 2019

    News

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