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Why We Should Never Hope For A Central Bank Of Bitcoin

Bitcoin economist, Tuur Demeester, explains why the idea of a ‘Central Bank’ of Bitcoin would create more problems than it would solve.   Bitcoin Exchanges Similar To Early US Banking System In the wake of the Binance hack and Bitfinex/Tether debacle, are crypto exchanges becoming…

5 Crypto Phishing Scams to Be Aware Of

Crypto phishing scams are becoming one of the most profitable methods for cybercriminals to steal your cryptocurrency. Phishing for Crypto Cybercrime exists because it’s profitable. You might think the efforts of malicious actors are petty or trivial when you delete obvious scam emails from your…

$1.7B Stolen in 2018 – Cryptocurrency Theft Skyrockets as Prices Dropped

According to the Q4 Cryptocurrency Anti-Money Laundering report by CipherTrace blockchain intelligence agency, criminals stole a massive $1.7 billion of cryptocurrency last year. Despite the savage bear market conditions and freefalling prices, cryptocurrency theft is on the rise. Hackers Take the Lion’s Share Of the…

Leaked Crypto Exchange User KYC Data Doesn’t Affect Our Accounts: Binance

By CCN: Binance, the world’s leading cryptocurrency exchange, has recently put out a statement claiming that the leaked cryptocurrency exchange user know-your-customer (KYC) data isn’t from its users, as it uses digital watermarks on every user picture it collects. Recently, CCN revealed a hacker going…

Could This Crypto Ransomware Cripple China’s Bitcoin Mining Industry?

By CCN.com: China’s sprawling bitcoin mining industry is being targeted by a terrifying new ransomware strain that is threatening the economy of the Sichuan river basin where most mining farms are located, housing a huge percentage of the bitcoin blockchain’s hashpower. First detected in August…

Bloomberg Features Bitcoin, Ethereum Cold Storage Trading

Cryptocurrency–Despite coin prices getting off to a shaky start in 2019, with price volatility continuing from last year’s ongoing bear market, the narrative towards cryptocurrency is making a decidedly positive change towards functional improvement. On Wednesday, popular financial news outlet Bloomberg reported on the development…

Kraken CEO Warns: Don’t Keep More Coins Than Needed on Exchanges

Binance and Kraken CEOs weighed in on industry best practices for storing cryptocurrency in the wake of Cryptopia getting hacked. The question remains, which means of storage has the least risk exposure? CZ Sees Three For Binance CEO, Changpeng ‘CZ’ Zhao, users have three options;…

‘How to Use Bitcoin Anonymously’ Article Gets Banned on Medium

Publishing platform, Medium, has allegedly jumped on the censorship “ban-wagon”, after suspending an account which posted a Bitcoin anonymity guide. Whilst Medium has not confirmed the reason, several Twitter users have claimed previous account suspensions based on crypto-related content. Storm In A Teacup So what can have incurred…

‘Proof Of Keys’ Wants You to Get Your Bitcoin Off Exchanges on January 3

Cryptocurrency investor and entrepreneur Trace Mayer plans to use the anniversary of the Bitcoin genesis block to make holders reclaim their private keys. Mayer To Bitcoin HODLers: Reclaim Sovereignty In a video introduction to the plan, which he dubbed ‘Proof of Keys,’ Mayer appealed to…