Popular Chinese Firm Cheetah Mobile Launches Crypto-Wallet

The Chinese tech giant Cheetah Mobile has announced this week it just launched a new multi-cryptocurrency wallet that stores bitcoin core (BTC) and ethereum (ETH). The firm’s ‘Safewallet’ features a three-tiered security defense system with an intuitive interface. Also Read: Markets Update: Bears Claw Cryptocurrency Prices Down to New Lows Cheetah Mobile Introduces BTC/ETH Compatible Wallet … Read more

Japanese Crypto Exchanges Strengthen Self-Regulation Following Coincheck Hack

Japanese cryptocurrency exchanges are strengthening their self-regulation procedures following the hack of one of the country’s largest crypto exchanges, Coincheck. The Japanese Financial Services Agency has yet to approve Coincheck’s registration as a crypto exchange. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Strengthening Self-Regulation The Japan Blockchain Association (JBA) has previously … Read more

Coincheck Halts Operations Amidst Hacking Rumors After $723 Million Withdrawn

One of Japan’s largest cryptocurrency exchanges has halted all withdrawals amidst rumors of a large-scale hack. Ripple worth $123 million was withdrawn from its wallet on Friday January 26. This was followed by a single withdrawal of 500 million NEM, with the altcoin’s foundation president Lon Wong then tweeting “It’s unfortunate that coincheck got hacked. … Read more

SpriteCoin Infects Cryptocurrency Users’ Computers with Ransomware

Cryptocurrency users have become a favorite target of cybercriminals over the past few years. With the value of all these currencies increasing exponentially, it is evident that criminal entities want their share of the cake. As a result, we have seen an influx of new malware-laden applications and tools, all of which are designed to obtain Bitcoin … Read more