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This week Paypal users reported receiving an official-looking email from Paypal, warning users about “activity [involving] the trading or transfer of crypto currency [sic] which is prohibited under our Acceptable Use Policy,” asking the receiver to “cease any activity that results in the trading or transfer of crypto currency.” Also read: Since Embracing Bitcoin, Robinhood App […]
The post Paypal Users Receive Cryptocurrency Warning Email appeared first on Bitcoin News.
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When it comes to digital theft, there is one aspect which is frequently misunderstood and miscommunicated. Despite popular belief, a thief isn’t stealing an individual’s asset itself (SSN, phone number, money); rather, he or she is stealing the key to acquiring that SSN, phone number, and/or money, at least initially. The key unlocks the means by which to obtain that information. When it comes to cryptocurrency theft, the same logic applies. They’re Not Stealing Your Crypto, They’re Stealing Your Cryptographic Key Whether we are talking Bitcoin, Litecoin, Ethereum, or any other virtual currency, the most important thing to remember is that they don’t physicallyPowered by WPeMatico
Mobile cybersecurity firm Sikur has unveiled “the first fully encrypted, hack-proof smartphone that can safely store cryptocurrencies.” The phone’s hardware and software were built from the ground up with a dedicated bitcoin wallet and a custom app store for high-security apps. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ‘First Fully Encrypted, Hack-Proof […]
The post New ‘Hack-Proof’ Security-Centric Phone Features Built-In Bitcoin Wallet appeared first on Bitcoin News.
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Despite some cracks on the icy surface of inter-Korean relations, caused by the Olympic spirit, tensions on the silent crypto front in Korea remain high. South Korean intelligence has informed lawmakers in Seoul that the North keeps trying to hack cryptocurrency exchanges south of the DMZ. Cryptos worth billions of won have been stolen by […]
The post Intelligence: Pyongyang Trying to Steal Cryptos before Pyeongchang Olympics appeared first on Bitcoin News.
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The IOTA project is again the target of public anger and criticism. This time the issue is a feature of the technology that apparently allowed scammers to steal around $4 million from many unsuspecting users. Also Read: U.S. Rating Agency to Issue Bitcoin and Cryptocurrency Grades Wednesday Poisonous Seeds IOTA, the network behind the 11th […]
The post IOTA Attacked for Subpar Wallet Security Following $4m Hack appeared first on Bitcoin News.
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An ongoing investigation has revealed multiple allegations that hot wallets from users of popular subreddit r/btc were hacked through Tippr, resulting in thousands of dollars worth of bitcoin cash (BCH) stolen. Early theories assumed this to be a new low in the so-called Civil War between supporters of bitcoin core and BCH. Also read: African […]
The post Bitcoin Cash Reddit Tip App Users Hacked for Thousands appeared first on Bitcoin News.
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It is fairly obvious that a lot of people are uncomfortable with the idea of introducing sex robots to the masses. For now, we can only speculate as to how these devices will impact our society as a whole, as the jury is still out on that front. One expert is warning about how these sex robots could turn into killers due to hacks. It is not the first time someone has raised such concerns. Sex Robots are Vulnerable to Hacking While most people would classify sex robots as “lust objects” and the prelude to a “rape culture“, there are other concerns to takePowered by WPeMatico
On Wednesday, the tech world was rocked by revelations of a computer chip vulnerability that exposes critical data. Meltdown and Spectre are the names assigned to the newly discovered flaws which primarily affect Intel chips. From a security perspective, the bug concerns everyone who uses an Intel-powered device to connect to the internet, which is […]
The post Bittrex Wallets Are Taken Offline as Companies Scramble to Patch the Intel Bug appeared first on Bitcoin News.
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South Korean cryptocurrency exchange Youbit has revealed plans to file for bankruptcy. The decision to close operations follows announcements that the exchange was hacked for the second time this year. Also Read: More Firms Entering the Bitcoin Market See Stocks Soar Second Accident in a Year Youbit announced on its website on Tuesday that it […]
The post Korean Cryptocurrency Exchange Youbit to Close After Second Hack in a Year appeared first on Bitcoin News.
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