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Category: stolen coins
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The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’
The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply. This new figure represents a 92% drop from the 56,870 reported in 2019. When using current bitcoin prices, the 2020 thefts caused losses that are equivalent to $140 million versus the 2019 […]
The post The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’ appeared first on Bitcoin News.
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Tokyo Police Arrest 2 Men for Buying Cryptocurrency Tied to $530M Coincheck Hack
Tokyo police arrested two individuals on Wednesday for acquiring stolen NEM from the 2018 Coincheck hack. On Jan. 26, 2018, the Japanese trading platform Coincheck noticed an “illicit transfer” of 523,000,000 NEM and it was the largest cryptocurrency exchange hack since Mt Gox. According to Tokyo investigators, the two men who obtained the purloined stash […]
The post Tokyo Police Arrest 2 Men for Buying Cryptocurrency Tied to $530M Coincheck Hack appeared first on Bitcoin News.
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New Research: 10% of Funds Raised in ICOs Lost or Stolen
Close to $400 million USD raised from initial coin offerings have been lost or stolen, a new research has found. The embezzled funds constitute more than 10% of what had been collected for the projects covered by the study. Meeting fundraising goals is getting harder for companies conducting new ICOs. Also read: Hackers Steal $400k […]
The post New Research: 10% of Funds Raised in ICOs Lost or Stolen appeared first on Bitcoin News.
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