MyEtherWallet, a popular web app designed for storing and transferring ether and other ERC-20 tokens, succumbed to a DNS attack on Tuesday which redirected users to a phishing version of the website and steal their logins. Smart users were quick to notice something unusual. As users connect to the server,...
Hackers have demanded a $1 million ransom to be paid in Ripple (XRP) for stolen personal data of 90,000 Canadians.They exploited the systems of two Canadian banks and threatened to release the user information unless their demands were met.Hackers Exploit Bank WeaknessesThe hack was revealed on Monday by the...
This week seemingly started off bad for Ian Balina, a fairly prominent cryptocurrency vlogger.  Balina was in the middle of a live stream on his official YouTube channel with 116,000 subscribers on Sunday Night when he received a shocking question from one of his viewers, “Ian, did you know...
The acquisition of cryptocurrencies is becoming more infamous in India, even among authorities empowered to protect lives and properties. According to a report in Quartz India, nine police officers were recently arrested in Gujarat, India for kidnapping a businessman and extorted both cash and bitcoins worth $49,12,000 from him as...
After an ongoing Bitcoin rally, in which the price reached around $20K, came the correction. However, since the correction, it appears that the price has been gaining support and the volatility in the price is decreasing. The break in the rally is seen also with the dominance of Bitcoin,...
UK Launches Cryptocurrency Task Force On the 22nd of March, Phillip Hammond, UK’s Finance Minister announced the start of a cryptocurrency asset task force, and other fintech initiatives from the government. The cryptocurrency task force includes cooperation from Britain’s central bank, the Bank of England, and the Financial Conduct Authority. The...
As a cryptocurrency investor, you would have noticed the plethora of fake news flooding the industry and its impact. And it’s very disappointing to see that many reliable cryptocurrency news websites and experts are also guilty of spreading some fake and unverified news. Whether it’s just a trick to keep...
Coinbase, a San Francisco-based cryptocurrency exchange operator has reportedly blocked the account opened by WikiLeaks, a whistleblowing shop. Coinbase claims that WikiLeaks shop has engaged in prohibited use of the platform which violates their Terms of Service. The exchange has asked WikiLeaks to read and follow the instructions provided on...
The descending trend continues. It appears that Bitcoin is struggling around the $8,000 support level. Although, since the beginning of the sharp declines it looks like the market is stabilizing and perhaps these are signs of a coming relaxation.But, markets are still considered to be bearish and unpredictable. Every...
This week we have seen a continuation of the bear market from the recent months, but the demand seems to stop further declines (for now) in the range around 6,500$, which is a strong support. 10,000 Bitcoins found their way out from MTGOX’s wallet six days ago and has...