Bitcoin in Brief Thursday: Another ICO Ghosts with $50 Million – Sends Thanx from Beer Beach

Bitcoin in Brief Thursday: Another ICO Ghosts with $50 Million - Sends Thanx from Beer BeachToday we’ve simply given-in to no nutritional value, guilty pleasure, lowest common denominator: bitcoin-related crime news. Start your day with laughs and head scratching, as we examine the Savedroid ICO exit scam, an international bitcoin heist escape, the fury of a scorned woman, a bear spray robbery, and some whole food violence.   Also read: Bitcoin […]

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Bitcoin in Brief Wednesday: Pornhub? We’ve Never Heard of Pornhub

Bitcoin in Brief Wednesday: Pornhub? We’ve Never Heard of PornhubBitcoin in Brief for Wednesday is a potpourri of quickies to get your day going: Pornhub, a website we’ve never heard of, has joined the crypto revolution (well, Verge at least); South Korea’s loss is Switzerland’s gain; bitcoin blamed for every crime under the sun; Ethereum’s Vitalik Buterin is accused of favoritism; and bitcoin cash […]

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Coinsecure India Down After $3 Million in Bitcoin Missing

Coinsecure India Down After $3 Million in Bitcoin MissingIn what appears to be an attempt to test their ability to distribute Bitcoin Gold (BTG), a Coinsecure weakness was apparently exposed, and over 3 million dollars worth of bitcoin were stolen as a result. The large crypto exchange based in India filed a First Information Report (FIR) with police, alleging their own Chief Scientific […]

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India Bitcoin Caper: 10 Cops Busted Over Kidnapping and Extortion

India Bitcoin Caper: 10 Cops Busted Over Kidnapping and ExtortionAccording to Indian media, eleven people were involved in a kidnapping and bitcoin extortion ring, and of the accused ten are police officers, including an Inspector. Three victims were abducted and beaten until they allegedly gave up 200 bitcoin worth over one million dollars USD. Also read: Bitgrail’s $170M Hack Continues to Provide Drama Police Arrested […]

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Chinese Engineer Arrested for Stealing 100 Bitcoin From His Own Company

Chinese Engineer Arrested for Stealing 100 Bitcoin From His Own CompanyWho Watches the Watchmen? An engineer from Beijing has been arrested after allegedly discovering a failed hacking attempt to his company and taking advantage of the situation to steal some of the money for himself. 90% of the loot has been returned but he can still go to jail for as much as seven years. […]

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Crypto History Part 1: 400 Million Billion Billion, Beer, and a Murderous Plot

Crypto History: 400 Million Billion Billion, Beer, and a Murderous PlotThe history of our benefactor – cryptography – is one filled with intrigue, drama, religion, statecraft, tinkerers, amazing minds, and so much more. In the first of a series, News.Bitcoin.com examines a crypto tale to illustrate its wonderfully colorful development and usage. This particular instalment recounts a 432 year-old plot to kill a queen, and […]

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Highly Organized Crime Blamed for $2mil Bitcoin Mining Burglaries

Highly Organized Crime Blamed for $2mil Bitcoin Mining BurglariesLocal police in Iceland are describing it as the largest theft of its kind, if not ever, for the country. Hundreds of bitcoin mining computers were stolen from data centers, and there is worry the missing equipment could be used rather than sold, providing a tidy profit for what authorities are insisting is “highly organized […]

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FBI Claims Arrested Cyber Crime Syndicate Co-Founder Medvedev Worth $800M+ in BTC

Cyber Crime Syndicate Co-Founder Worth 100,000 BTC Arrested in ThailandThe Federal Bureau of Investigation (FBI) has claimed that Sergey Sergeyvich Medvedev, a Russian national recently arrested in Bangkok, was the co-founder and second in command of the Infraud group – a notorious international cyber crime syndicate. It has been reported that at the time of his arrest, Mr. Medvedev was in possession of more […]

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South Korea Finds Nearly $600 Million in Crypto Crime

South Korea Finds Nearly $600 Million in Crypto CrimeReports from the 대한민국 Republic of South Korea (ROK) indicate its Customs Service announced on Wednesday, 31 January 2018, it has discovered “cryptocurrency crimes” which amount to nearly 600 million USD. Also read: Nassim Nicholas Taleb vs David Birch on The Bitcoin Standard South Korea Customs Service Finds Almost $600 Million in Cryptocurrency Crime ROK Customs […]

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Bitfury as Big Brother: Mining Company Tracks Bitcoiners

Bitfury as Big Brother: Company Tracks BitcoinersBitfury Group announced they’re concerned about the advent of bitcoin users having multiple wallet addresses, which the company views as leading to greater anonymity and, they also believe, facilitates crime. Also read: Nine Years Ago, Bitcoin’s Block Zero is Born Bitfury Watches Bitcoiners “Currently, bitcoin users can have multiple addresses,” Bitfury Group CEO Valery Vavilov detailed, […]

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