The Twitter Hack Fiasco: Compromised Internal Tool, Paid Insiders, Direct Message Fears

On Wednesday, a large number of Twitter accounts were compromised and the hackers used the accounts to tweet about a bitcoin doubling scam. According to multiple reports, a Twitter employee was paid to give the hackers an internal tool that let them leverage high-profile social media accounts. It was a crazy day in the world … Read more

Bitcoin Investor Sues IRS for Unlawful Seizure of Financial Records at 3 Crypto Exchanges

Bitcoin investor Jim Harper has sued the U.S. Internal Revenue Service (IRS), its commissioner, and a number of federal agents. He alleged that they unlawfully seized his private financial information from three cryptocurrency exchanges. Bitcoin Investor vs. IRS Bitcoin investor Jim Harper has filed a lawsuit against IRS Commissioner Charles P. Rettig, the IRS, and … Read more

Study: Exchanges Accepted $1.3 Billion in Bitcoin Stemming from ‘High-Risk Addresses’

A recently published report from the research and analysis firm Peckshield indicates that during the last two quarters of 2020, cryptocurrency exchanges accepted 147,000 BTC ($1.3 billion) from high-risk addresses. During the last few years, blockchain research and surveillance firms have been classifying “risk levels” to specific transactions stemming from suspicious addresses and wallets. For … Read more

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