Category: hacks

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Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under Fire

Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under FireThe self-regulatory inspection of South Korean cryptocurrency exchanges is complete. Fourteen out of 23 exchanges agreed to be inspected. Twelve met the self-regulatory standards despite security flaws, raising questions of how effective the inspection is. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 12 Exchanges Pass Security Checks The Korea Blockchain Association (KBA) held […]

The post Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under Fire appeared first on Bitcoin News.

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Korean Government Criticized for Crypto Exchange Hacks, Upbit Denies Hack Rumor

Korean Government Criticized for Crypto Exchange Hacks, Upbit Denies Hack RumorThe South Korean government has been criticized for not doing enough to help prevent hacking at cryptocurrency exchanges. Data obtained by the regulators show that three crypto exchanges were hacked, with damage of almost $1 billion, after having gone through an inspection by the government. Meanwhile, one of the nation’s largest crypto exchanges, Upbit, has denied […]

The post Korean Government Criticized for Crypto Exchange Hacks, Upbit Denies Hack Rumor appeared first on Bitcoin News.

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Hacking in Crypto: Cutting-Edge Cybersecurity Measures

Cybersecurity has become one of the biggest threats of our time, with about 7% of the world’s economic output at risk of being stolen. Blockchain technology is one solution, which is why so many new blockchain startups have appeared on the scene to tackle the issue of cybersecurity, but is that enough? Which ones are actually effective? Looking at the most protected systems in the world – such as supercomputers employed by the U.S. military – we know that real solutions exist, but they’ve been neither affordable nor accessible to the general public. Blockchain startups have been bridging the gap, with one in particular catching the attention of

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The Current Crypto-Bear Run Will be Nothing Like 2014

The Current Crypto-Bear Run Will be Nothing Like 2014Since the beginning of the new year, the past three months has seen most cryptocurrencies lose over 60 percent of their values. Bearish markets have started to spark 2014 memories when BTC/USD markets and many altcoins suffered from a year-long downturn. Surely there have been few similarities to the current 2018 bear run and the […]

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