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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…

Man Tortured For His Bitcoin: 4 Ways to Protect Your BTC Funds

A Bitcoin trader from South Africa has reportedly been drugged, kidnapped, and tortured over his Bitcoin holdings. The assault happened after the man followed an invite to an anonymous presentation, highlighting the threats lurking on the internet.  Kidnapped Over Bitcoin  A bitcoin trader from the…

Bitcoin 51% Attack is Unrealistic, New Study Concludes

A Bitcoin 51% attack would be futile for attackers as it would require “significant expenditure” and “little financial returns,” according to a new study, which concluded that Bitcoin is secure. Bitcoin 51% Attack Requires ‘Significant Expenditure’ Professor Saravanan Vijayakumaran, an Associate Professor of the Department of…

Negotiating Bitcoin Ransomware With Cyber-Criminals as a Service

Despite oft-repeated advice to never pay in response to a ransomware attack, the reality is that this is not always a possibility. However, the desire to pay as little as possible has given rise to companies like Coveware. They act as negotiators between victims (their clients) and…

New Samourai Wallet Feature Makes Bitcoin Transactions Private

A 2-wallet Samourai Stowaway offers to make transactions private by masking user identity while keeping funds safe. Bitcoin Transactions Are Pseudo-Anonymous Bitcoin (BTC) 00 transactions are often described as anonymous because users can exchange the cryptocurrency without providing any personally identifying information. However, Bitcoin transactions…

Over $6 Billion in Daily Trading Volume Faked Across Top 100 Exchanges

A new report found that over 70% of the top 100 exchanges on CoinMarketCap are engaging in excessive wash trading from three to thousands of times their stated volume. [Note: This is a guest article submitted by researcher Marco Paez]  Two-Thirds of 24 Hour Trade…

United States is Number One in Cryptocurrency Crime, Data Shows

With the increasing popularity of digital assets, more sophisticated means are being developed to obtain ownership of these highly sought-after coins illegally. A recent study has put the United States at the heart of global cryptocurrency crime. The study also reports that cybercriminals have attacked…

Russian Intelligence Officers Mined Bitcoin To Fund Attacks Against U.S. Democracy

The U.S. Department of Justice (DoJ) indicted 12 Russian intelligence officers for conspiring to influence the 2016 U.S. presidential elections. The indictment alleges these officers used Bitcoin to fund their hacking operations. Russian Intelligence Officers Used Bitcoin On July 14, 2018, the DoJ indicted 12…

5 Common Ways to Lose Your Bitcoins (And How to Stop It)

While the Bitcoin network is secure, things like poor safekeeping methods, malware, and user error can part people from their hard-earned coins. Here are five things to watch out for as you navigate the confusing cryptocurrency waters.  Are your coins safe? Coins can be lost…