White Hat Hackers Earned $878,000 from Crypto Bug Bounties in 2018, Data Shows

White hat hackers have been awarded $878,000 in bug bounties this year, technology news website TheNextWeb reports on Dec. 30. Bug bounties are a type of competition in which companies that develop software invite hackers to break their software and responsibly disclose the vulnerabilities, so they are able to fix […]

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US Treasury Sanctions Bitcoin Addresses, Two Iranian Men, in Ransomware Hacks

For the first time ever, the U.S. Treasury Department announced that they have sanctioned two Bitcoin wallet addresses connected to a ransomware scheme associated with two Iranian men. Bitcoin Wallets Sanctioned in Unprecedented Case As first today, the U.S. Treasury Department’s Office of Foreign Assets Control claimed that the two […]

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NiceHash Returns 60% of Stolen Bitcoin

The crypto world is not without its fair share of discomforting events such as FUDs, hacks, and scams. Happily, not all hacks or scams end in total tragedy. For example, NiceHash, the Slovenian Bitcoin-mining marketplace recently announced that it managed to reimburse clients 60% of some 4,700 Bitcoin that were […]

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The Daily: Hackers in High Demand, China Hires Cryptographer

Traders in the US, Russia and China are the most common victims of cyberattacks targeting cryptocurrency exchanges as you’ll discover in this edition of The Daily. Another study has found that the demand for services provided by hackers is much higher than what’s currently on offer. The same can be […]

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Bitcoin Was Supposed to be Above $10K by Now, but It’s at Lows Not Seen This Year

Over the weekend, Bitcoin’s price sank to lows not seen this year, so should we remain optimistic about it moving higher? We discuss it. This was supposed to be the time that Bitcoin’s price would begin ripping higher, according the predictions made by many analysts over the course of the […]

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Japan Toughens Oversight, Penalizes Cryptocurrency Exchanges

In its most sweeping crackdown yet, a Japanese regulator has penalized seven cryptocurrency exchanges, requiring two to halt operations for one month. Japan’s Financial Services Agency (FSA) announced today, March 8, 2018, that it came down on the exchanges due to their failure to provide proper internal-control systems. All of […]

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Coinhoarders Steal $50 Million in Cryptocurrency Using Google Ads

Another hack in the cryptocurrency world. What else is new? Well, this time security companies are getting involved to expose the hackers (successfully), and the hackers chose to use Google Ads to hack their victims. The total damage was approximately $50 million over the course of three years using a […]

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