$150 million worth of Nano, formerly known as RaiBlocks, were stolen from BitGrail, a cryptocurrency exchange based in Italy, merely two weeks after Coincheck experienced the largest cryptocurrency hacking attack in history. In an official statement, the Nano core team stated that Francesco “The Bomber” Firano, the owner and operator of BitGrail, notified the Nano team about the unauthorized movement of funds from the wallets of BitGrail to external wallets. During a conversation with the Nano core team, Firano suggested the Nano team to alter the ledger, or essentially fork the Nano blockchain, to restore the funds stolen from thePowered by WPeMatico
Bitgrail, an exchange whose primary purpose was to facilitate the trading of nano, has folded after ‘losing’ 17 million XRB, valued at around $170 million. The Italian exchange had been offline for weeks, and its customers feared the worst. Today, its operator “Francesco The Bomber” confirmed the bad news, which gained short shrift from the […]
Doomsdayers out in force; Paul Krugman being Paul Krugman; Tether upto its usual tricks and the usual gamut of scams, schemes, and shakedowns. It’s been emotional. It’s been nerve-wracking. But it’s also been a total riot. Welcome to This Week in Bitcoin. Also read: Trading Tip `The Wall´ – I Was Wrong We’re All Gonna Make […]
Hardware wallet manufacturer Ledger, which sold over one million devices last year, has alerted its users to a major attack vector that’s recently been discovered. Although there are no reported cases of the attack being successfully deployed, the threat itself is very real. Today, Ledger urged users of its cryptocurrency wallets to take steps to […]
As we had expected a few weeks ago, the rebrand from Raiblocks to Nano has effectively taken place. While some people may not be too happy with the new names, it sounds a lot more professional.As a result, we also see the Nano price surge in value. Thanks to a solid 8.84% gain in USD value, the nano price now sits at just over $18. It is possible this value will drop again, though, as Bitcoin is crashing hard. Nano Price is on the Move Again Rebranding from Raiblocks to Nano is an interesting decision, although one that draws a
Hardware wallets are regarded as one of the safest means of storing bitcoin and other cryptocurrencies. Each device grants the holder possession of their private keys and adds a PIN code plus other tamer-proof tech for enhanced security. Hardware wallets are not impregnable, however, as one British man found to his peril after purchasing the […]