Bitcoin and other cryptocurrencies have always been appealing to criminals. Whereas most of the illegal activity takes place online, that is not always the case. In South Africa, a kidnapping of a 12-year-old child is making headlines. This is mainly because the kidnappers have demanded a 15 Bitcoin ransom prior to releasing the child. Another Bitcoin-related Kidnapping In the world of criminal activity, covering one’s tracks is not all that easy. This is especially true when dealing with payment methods which are far too easy to trace these days. For criminals, this means that using traditional payment methods is prettyPowered by WPeMatico
Chinese exchange Zb.com has set up a branch in Thailand with a plan to turn it into the regional crypto trading hub in Southeast Asia. The move came as the Thai government finalizes the country’s regulatory framework for cryptocurrencies and initial coin offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Creating Regional Hub […]
The cryptocurrency world is subject to interesting developments at all times. In some cases, major vulnerabilities are discovered which need to be addressed. The NEP-5 smart contract storage injection vulnerability is of great concern in this regard. Some of NEO’s DApps are susceptible to this exploit, although the underlying blockchain remains unaffected. The NEP-5 Storage Injection Issue This particular smart contract and DApp vulnerability was originally disclosed several days ago. Red4Sec, a security auditor, came across this issue while doing some routine research. NEO Global Development has confirmed this problem exists and issued an official explanation as to what is going on exactly.
Coinbase is one of the bigger household names in the world of cryptocurrency. The company is best known for offering its cryptocurrency exchange services to consumers from all over the world. However, even major companies have to keep evolving. As such, the firm recently acquired one of its smaller competitors, Paradex. An Interesting Acquisition by Coinbase In the world of cryptocurrency exchanges, competition is direly needed. Centralized trading platforms are the go-to gateways for novice enthusiasts looking to buy small, medium, and large amounts of cryptocurrency. Coinbase is one of the most popular platforms in this regard, even though there
Financial institutions continue to pay a lot of attention to cryptocurrencies. Revolut is one of the more forward-thinking firms in this regard, as the banking app is integrating investment support for both XRP and Bitcoin Cash, both of which make a lot of sense. Whether or not these offerings will be of great interest to community members is a different matter altogether. Revolut Takes a big Gamble In the world of finance, cryptocurrencies are slowly making their mark. While it will likely be a while until banks incorporate the likes of Bitcoin and Ethereum into their regular products, interest in these investment vehicles
The Monetary Authority of Singapore has warned eight digital token exchanges operating in the country over unauthorized securities trading. The regulator also stopped an initial coin offering, prompting its issuer to return all funds received from Singapore-based investors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Eight Token Exchanges Warned Singapore’s central bank and financial […]
Led by Dogecoin, joke currencies play an integral role in the culture and lighthearted spirit of the general cryptocurrency community. While much of the focus lies on the revolutionary technologies utilized by new and powerhouse cryptocurrencies alike, speculators have still placed value on the fun and social nature of currencies ranging from Rare Pepes to CryptoKitties. While the focus on such projects has certainly waned with 2017’s proliferation of cryptocurrency, there are still developers and communities working to promote joke currencies throughout the space. Here are three of the best new joke coins to play around with. 1. Banano Coin Banano Coin (BAN) is a
It is evident the cryptocurrency market recovery process is still in full effect as we speak. Whether or not this will lead to any major changes, remains to be seen. More specifically, things look somewhat promising now, but things can turn around fairly quickly these days. For now, the Ethereum price seems to be on the right track, as $600 is well within reach. Can the Ethereum Price Reach $600? After yesterday’s cryptocurrency market onslaught, any bets are off the table as of right now. Over the past week, it appeared as if the Ethereum price would successfully surpass $750,
One of the largest energy suppliers in the Czech Republic has recently announced plans to start accepting cryptocurrency from its customers. The bitcoin payment option should be available as early as next month, its management said. The company is about to join a growing number of Czech businesses processing crypto payments by introducing them to […]
Japan’s GMO Internet announced that it will unveil its flagship bitcoin mining machine, called GMO miner B2, equipped with the 7nm chips on June 6. Interested customers can register now for the upcoming information session. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Launching on June 6 The wait for 7nm bitcoin mining products […]