Most criminal cryptocurrency is funneled through just 5 exchanges
A few big players are moving a “shocking” amount of currency in a tight market. Enlarge (credit: Eugene Mymrin/Getty Images) For years, the cryptocurrency economy has been rife with black market sales, theft, ranso.....»»
EU Aims To Clinch Deal on Landmark Crypto Law This Month
The European Union is nearing an agreement on key legislation to regulate the cryptocurrency sector that would set common rules across the 27 member states, Bloomberg reported Friday, citing people familiar with the matter. From a report: France, whi.....»»
Bitcoin Miners Will See 29% Rate Hike On Hydroelectric Power In Washington
A 29% rate hike for hydroelectric power in Chelan County, created specifically for cryptocurrency miners, went into effect on June 1. Decrypt reports: The miners used to pay a lower, high-density load rate for their electricity. Now they'll pay a new.....»»
PayPal Lets Users Transfer Bitcoin and Ethereum To External Wallets
PayPal announced on Tuesday that the service now "supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges." Decrypt reports: The ability to conduct external transfers on PayPal's crypto platform, an image of wh.....»»
Investor Sues the Winklevoss Twins" Troubled Crypto Business Over Security Failures
IRA Financial Trust, a platform that lets users save for retirement in alternative assets like cryptocurrency, is suing the Gemini cryptocurrency exchange over an alleged failure to protect its customers from a heist that resulted in the theft of $36.....»»
New study shows welfare prevents crime, quite dramatically
A new paper in the Quarterly Journal of Economics indicates that removing cash welfare from children when they reach age 18 greatly increases the chances that they will face criminal justice charges in subsequent years. .....»»
Why you should worry about medical ID theft
In this interview with Help Net Security, Paige Hanson, Chief of Cyber Safety Education at NortonLifeLock, talks about the risks posed by medical ID theft, the repercussions of such criminal activity, and what people as well as organizations can do t.....»»
At Blockchain-Based Privacy Infrastructure Startup Nym, Chelsea Manning Says Crypto = Privacy
"I do want to shift the culture away from crypto being associated only with cryptocurrency," Chelsea Manning recently told a digital assets news site named the Block. In a world where celebrities are coughing up more than half a million dollars for.....»»
6 Best Cryptocurrencies for Online Games
Introduction If you want to enjoy gambling with cryptocurrency on such platforms as CasinoN1, you’ll need to choose the best cryptocurrency to gamble with. Luckily, there are several options. Read on to find out about Ethereum, Litecoin, and Da.....»»
Crypto 101: The difference between hot and cold wallets
There are different kinds of cryptocurrency wallets, and the four terms to keep in mind when purchasing one are hot, cold, custodial, and non-custodial. Here's what they all mean.Bitcoin transfer on iPhoneA cryptocurrency wallet is an app or device u.....»»
Fortanix unveils Secure Web 3.0 Infrastructure solutions to deliver digital security for deregulated finance
Fortanix launched a new suite of Secure Web 3.0 Infrastructure solutions that are integrated within Fortanix Data Security Manager and designed specifically for blockchain, cryptocurrency and decentralized finance businesses. The new offering drastic.....»»
Winklevoss Twins" Gemini Cutting 10% of Its Staff, Saying "Crypto Winter" Is Here
Billionaire bitcoiners Cameron and Tyler Winklevoss are laying off 10% of the workforce at Gemini, a first for the U.S.-based cryptocurrency exchange and custodian. CNBC reports: The twins announced in a blog post on Thursday morning that the industr.....»»
TIMELINE: The case against former Reynolds and Reynolds CEO Bob Brockman
To help readers follow the developments in the case, we've compiled our ongoing coverage of the criminal proceedings against former Reynolds and Reynolds CEO Bob Brockman in one organized timeline......»»
New Copyright Lawsuit Targets Uploaders of 10-Minute Movie Edits
An anonymous reader quotes a report from TorrentFreak: The ordeal of three people, who edited major movies down to 10 minutes and then uploaded those summaries to YouTube, is not over yet. After being arrested and found guilty in a criminal court las.....»»
Lecturer Argues Cryptocurrency Should "Die in a Fire", Predicts Implosion
Nicholas Weaver is a senior staff researcher at the International Computer Science Institute and lecturer in the computer science department at UC Berkeley. But he's also a raging cryptocurrency skeptic, arguing that cryptocurrency is useless and des.....»»
Avoiding Sanctions with Cryptocurrency? US Govt Files First Criminal Charges
Last week America's Justice Department "launched its first criminal prosecution involving the alleged use of cryptocurrency to evade U.S. economic sanctions," reports the Washington Post. They cite a nine-page opinion from a federal judge approving t.....»»
New legislation aimed at online advertising exchanges will hit most of big tech - including Apple
US senators are proposing legislation that would break up the advertising side of big tech firms such as Google, and will also affect Apple's growing ad business.U.S. Capitol Building. Credit: Alejandro Barba/UnsplashSenator Mike Lee, who previously.....»»
Tether Cuts Commercial Paper, Boosts Treasuries Behind USDT
Tether, the operator of the world's most used cryptocurrency, said it had reduced the amount of commercial paper in the reserve backing its $74 billion stablecoin, revealing information about its holdings while dollar-pegged assets face tougher scrut.....»»
How Gen Z is hooked on cryptocurrency and NFTs
A growing number of young people are getting into crypto trading - despite the risks......»»
Beware these Android apps that are stealing your passwords and cryptocurrency
According to a recent Trend Micro report, the company has revealed that they have discovered over 200 apps that can steal your passwords and crypto. The post Beware these Android apps that are stealing your passwords and cryptocurrency first appeared.....»»
Microsoft Names Info-Stealers That Target Crypto Wallets "Cryware"
Microsoft blog: The steep rise in cryptocurrency market capitalization, not surprisingly, mirrors a marked increase in threats and attacks that target or leverage cryptocurrencies. But Microsoft researchers are observing an even more interesting tren.....»»