Auto Added by WPeMatico
Japan’s top financial regulator has issued hacked crypto exchange Zaif a third business improvement order. The exchange has revised its theft estimate, after discovering that 42,327 BCH were also stolen in addition to 5,966 BTC. Zaif has also signed agreements with two companies for their help with repaying customers and improving its security system. Also […]
The post Zaif Hit With Third Improvement Order, Revises Hack Estimate appeared first on Bitcoin News.
Powered by WPeMatico
Japanese government-approved cryptocurrency exchange Zaif has confirmed that it has been hacked. After a preliminary investigation, the exchange says at least 5,966 BTC have been stolen, with an estimated total damage of $60 million. Some of the stolen coins belong to the exchange but the majority belong to customers. Also read: 160 Crypto Exchanges Seek to […]
The post Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen appeared first on Bitcoin News.
Powered by WPeMatico
A report published by Chinese media has alleged that more than 80% of alternative cryptocurrencies are comprised of “plagiarizing code.” The report analyzed 488 different cryptocurrencies, finding that the code underpinning more than 90% of the projects shared a similarity score of at least 80%. Also Read: IMF Pressures Marshall Islands to Drop National Crypto 4 […]
The post Chinese Report Finds 9 in 10 Altcoins to Have Stolen 80% of Their Code appeared first on Bitcoin News.
Powered by WPeMatico
A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Introducing Hacking Insurance A […]
The post Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages appeared first on Bitcoin News.
Powered by WPeMatico
Nicehash, the cloud mining service that got hacked in December, has returned 60 percent of the stolen bitcoins, according to local media. After the cyberattack last year, the Slovenian company promised to fully reimburse its customers and has been doing it on a monthly basis. The police investigation into the case is still ongoing. […]
The post Nicehash Returns 60% of Coins Stolen in the Hack appeared first on Bitcoin News.
Powered by WPeMatico
A high-profile crypto case involving a well-known actor and model has come to public attention in Thailand following the enforcement of the country’s crypto regulations. Over 5,564 BTC were reportedly stolen from a bitcoin millionaire. The alleged ringleader has fled to the U.S. Thailand’s main crypto regulator is cooperating with the police on the case. […]
The post High-Profile Thai Crypto Case: Bitcoiner Lost Over 5,500 BTC – Ringleader Fled to US appeared first on Bitcoin News.
Powered by WPeMatico
South Korean exchange Coinrail has resumed service after it was hacked last month. The exchange has offered users some options to recover their cryptocurrencies. Eleven cryptos were stolen, some of which have been fully recovered and are now available for trading and withdrawals. However, some coins were not recovered. Also read: Yahoo! Japan Confirms Entrance Into […]
The post Crypto Exchange Coinrail Reopens with Offers to Recover 11 Cryptocurrencies appeared first on Bitcoin News.
Powered by WPeMatico
India’s cryptocurrency exchange Coinsecure has announced that it cannot repay customers their stolen bitcoins at this time. The exchange claims that while investigations are underway, permissions are needed from the authorities to start the claims process which it has not yet received. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Repayment Delayed Indian exchange […]
The post Indian Exchange Postpones Repaying Stolen Bitcoins – No Permission From Authorities appeared first on Bitcoin News.
Powered by WPeMatico
Myetherwallet (MEW), the web’s most popular client-side ethereum wallet, has been compromised by a DNS attack. Numerous users are reporting missing funds and Mycrypto, a sister site which spun off from MEW earlier this year, has confirmed as much. The incident highlights the dangers of relying on a centralized interface, even when the funds are […]
The post Myetherwallet Servers Are Hijacked in DNS Attack appeared first on Bitcoin News.
Powered by WPeMatico
Japan has decided to set up a new agency to better address cybercrime. The Tokyo-based center gathers 500 analysts and investigators who will also combat cryptocurrency theft. Over 3 million attempts to steal digital information have been registered last year. Hackers have stolen funds worth over 17 billion Japanese yen. Also read: Hackers Target […]
The post Japan Gathers 500 Agents to Fight Cybercrime and Crypto Theft appeared first on Bitcoin News.
Powered by WPeMatico