How a $19m iPhone Fraud Ring Eventually met its Demise

iphone xIn these trying financial times, a lot of consumers are looking for any way to make extra money. While most of these efforts are absolutely genuine, a ring of fraudsters in New York had entirely different ideas. They managed to successfully steal $19m worth of Apple iPhones. A very elaborate ploy which allowed them to remain in operation for seven years. The Massive iPhone Fraud Scheme Whereas some people would assume this group of fraudsters sold counterfeit iPhones, the truth is very different. More specifically, they effectively posed as genuine customers despite having fake IDs on them and debit cards

The post How a $19m iPhone Fraud Ring Eventually met its Demise appeared first on The Merkle Hash.

Go to Source

Powered by WPeMatico

Infamous Hacker George Hotz Calls Bitcoin Cash the ‘Real Bitcoin’

Infamous Hacker George Hotz Calls Bitcoin Cash the "Real Bitcoin"Well-known American hacker George Hotz, also known as Geohot, has been talking extensively about cryptocurrencies lately, and more specifically about bitcoin cash. On Wednesday, Oct. 17, Hotz published a cryptocurrency programming video using bitcoin cash and showed people how to send a BCH transaction from scratch using the Python programming language. Also read: BCH Devcon Streamlines […]

The post Infamous Hacker George Hotz Calls Bitcoin Cash the ‘Real Bitcoin’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

So Hard to Say Goodbye: Blockchain.Info Goes Dot Com

So Hard to Say Goodbye: Blockchain.Info Goes Dot ComOne of the oldest, most respected sites in the cryptosphere, Blockchain.info (Info), is moving domains. For many ecosystem veterans, Info was where it all started. First wallets. First block exploration. First real interaction with cryptocurrency. Recently, the group announced its move and plans for the future. It’s also a change signaling maturation of the space. […]

The post So Hard to Say Goodbye: Blockchain.Info Goes Dot Com appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Apple Bans All Cryptocurrency Mining Applications from Its App Store

A very worrisome trend has begun taking shape as far as iPhones are concerned. Various consumers have begun using these devices to mine cryptocurrencies. Not only is this unprofitable, it will also destroy one’s hardware. As such, Apple has banned cryptocurrency mining applications from its App Store altogether. A Smart Move by Apple It is […]

Go to Source

Powered by WPeMatico

Apple’s App Store Revises Cryptocurrency App Rules

Apple's App Store Revises Cryptocurrency App RulesJust recently the tech giant Apple has revised its App Store policies concerning cryptocurrency applications offered within the platform marketplace. The new rules are a bit stricter and apply to cryptocurrency wallets, exchanges, and platforms that facilitate Initial Coin Offerings (ICOs). Also Read: Three Luxury Apartments Sold for 420 BTC in the Coastal Region of Montenegro […]

The post Apple’s App Store Revises Cryptocurrency App Rules appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

One in Three Cryptocurrencies Is Currently Unspendable

30% of All Cryptocurrencies Are Currently UnspendableCryptocurrencies are speculative instruments, their price predicated upon future prospects rather than current reality. As a consequence, many of them don’t qualify as outright currencies – at least not yet. While the likes of bitcoin, bitcoin cash, and ethereum can be freely spent on desktop and mobile, dozens more are barely usable outside of crypto […]

The post One in Three Cryptocurrencies Is Currently Unspendable appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

This 16-Year Old Crypto-App Developer Fights Back Against Reddit Hate

This 16-Year Old Crypto-App Developer Fights Back Against Reddit HateLast month a 16-year old girl from India created a digital currency price ticker that tracks the price of cryptocurrencies like bitcoin cash, ethereum, and many others. However, when Harshita Arora introduced the iOS application to members of the bitcoin community who patronize the Reddit forum /r/bitcoin, she was accused of plagiarizing the app. Unfortunately, […]

The post This 16-Year Old Crypto-App Developer Fights Back Against Reddit Hate appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico