Search Results for: crypto hack
Cryptocurrency Exchange Gatecoin confirms that lost $2 Mln in Hot Wallet Breach
May 16th, 2016
Gatecoin, the Hong Kong-based regulated and secure financial institution for blockchain assets has issued an official statement regarding the breach the firm experienced and lost 15% of our crypto-asset deposits. Below is the Gatecoin statement as it was published: ...
Danish Firm Set to Revolutionize Cryptocurrency Industry
June 17th, 2015
CCEDK.com, a leading Danish cryptocurrency exchange, has just demolished the final barriers to mainstream acceptance of cryptocurrencies. “We have combined the strengths of digital currencies pioneered by Bitcoin with the universal acceptance of major credit cards,” said CEO Ronny Boesing. “In the ...
Cryptocurrency Overview
July 31st, 2014
The price of bitcoin has continued to slide, continuing a downward trend that began almost two weeks ago. In that time, the value of a single bitcoin has fallen by almost $50 (£30). Most other major cryptocurrencies also saw ...
Payment token derivatives: the risks behind the hype
November 19th, 2020
Compared to a direct investment in Bitcoin, for example, an investment in derivatives with payment tokens as underlying assets is more transparent but is by no means risk-free. Many of the risks associated with payment tokens have an impact ...
Doubling down on failed policies with central bank digital currencies
August 27th, 2020
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...
Fake Elon Musk accounts on Twitter promote bitcoin scams, one collects $170K
November 7th, 2018
Several verified Twitter accounts have been hacked to impersonate Elon Musk on, Nov. 5, with one reportedly collecting almost $170,000. After compromising verified accounts, scammers changed the profile name and picture in order to pose as the Tesla CEO. ...
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
‘Wild West’ Bitcoin ‘should be regulated’
September 19th, 2018
Bitcoin and other digital currencies are a “Wild West industry” and need to be regulated to protect investors, a committee of MPs has urged. Problems include volatile prices, minimal consumer protection and risks of hacking and money-laundering, says the ...
5 Tips For Getting Started with Bitcoin
May 24th, 2018
Cryptocurrencies are increasingly gaining popularity among consumers, investors, and traders as a legal tender. Bitcoin, being the pioneer cryptocurrency, is not only the most popular among the crypto community but also the most reliable way to get one’s feet ...
What You Need To Know About Digital Currency Security
February 27th, 2018
Last year, the value of the major cryptocurrencies, led by Bitcoin, increased by over 2,000%, leading many investors to believe that digital currencies were truly the investment asset class of the present and future. However, there are many factors ...
