Press "Enter" to skip to content

Latest Hack Sparks Concern Whatsapp Will Never Be Secure

Facebook’s popular messaging app with 1.5 billion users in over 180 countries has another major vulnerability. Hackers were able to covertly install spyware on iOS and Android smartphones using Whatsapp with just a phone call. “All of their security issues are conveniently suitable for surveillance,…

Cryptopia Limited appoints Grant Thornton as liquidators

David Ruscoe and Russell Moore from Grant Thornton New Zealand were yesterday appointed liquidators of Cryptopia Limited, a New Zealand cryptocurrency exchange based in Christchurch. The highly publicised hack of Cryptopia’s exchange in January 2019 had a severe impact on the company’s trade. Despite the…

Binance reopens deposits and withdrawals a week after $41M hack

Binance announced that it has reopened deposits and withdrawals after a week of upgrading the security system, which was initiated after the hack that resulted in a loss of $41 million worth of bitcoin. Last week, Binance announced that it was making “significant changes to…

Binance hacker consolidates the stolen bitcoin into just seven addresses

The hacker who stole $41 million from Binance has consolidated the stolen bitcoin into just seven addresses. Approximately 7,070 BTC was moved from Binance’s hot wallet on Tuesday in a single transaction consisting 44 outputs  — 21 of them were Bech32 (Segwit) addresses and 99.97% of…

Major Players Discuss BTC Rollback Following an Alleged Exchange Hack

The idea of rolling back the clock on cryptocurrency transactions to reverse a situation people are unhappy with is highly contentious. As such, many were shocked to hear that a number of major players in the industry had even discussed a rollback of BTC following…

No, Binance Won’t Be Rolling Back The Bitcoin Blockchain

Following this morning’s $40 million hack of the globe’s largest crypto asset exchange there were calls to roll back the Bitcoin blockchain to nullify the fraudulent transaction. Binance boss Changpeng ‘CZ’ Zhao said in an earlier AMA that the company was deciding on whether to…