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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: cybercrime

Meet the Nigerian Prince of Cryptocurrencies who Earned $40,000 in Few Hours

Category: Altcoins, Bitcoin, News, Tech

Meet the Nigerian Prince of Cryptocurrencies who Earned $40,000 in Few Hours

The victims of a sophisticated Twitter bot scam are crypto enthusiasts. With the rise of popularity of cryptocurrency, early crypto developers became celebrities overnight. As a result, most witnessed a surge in the status of their social media profiles.That’s leading to some clever scams. These scammers work by following the real accounts of renowned developers and other personalities and creating…

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Robert Mueller: “Russians May Have Used Cryptocurrency Exchanges to Interfere with U.S. Elections”

Category: Altcoins, Bitcoin, Commentary, News

Robert Mueller: “Russians May Have Used Cryptocurrency Exchanges to Interfere with U.S. Elections”

The U.S Presidential election of 2016 was not without interference from external forces. As such, the Justice Department has claimed to have identified Russian nationals who attempted to disrupt the elections. The Russian Trolls According to Fortune, Russian citizens identified in a Justice Department citation released on February 16, 2018, employed cryptocurrency exchanges as part of an alleged game plan…

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Bitfury Becomes a Bitcoin Inspector with New Software

Category: Bitcoin, Business, News, Tech

Bitfury Becomes a Bitcoin Inspector with New Software

Bitfury, a blockchain technology company, published a press release on January 30 introducing “Crystal”; a tool designed to probe the Bitcoin blockchain of suspicious activities. It seems Bitfury will not wait for the regulators to investigate illicit activities but taking things into its own hands. The Crystal tool will permit Bitcoin blockchain users and enforcement agencies to distinguish and recognize…

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Just like Confido, Prodeum ICO Vanishes but with Only $11

Category: Altcoins, Finance, News, Regulation

Just like Confido, Prodeum ICO Vanishes but with Only $11

The Prodeum Initial Coin Offering has disappeared from the web into thin air after raising only $11 from the fundraising event, leaving just a message ‘Penis’ for its investors. Prodeum Kicks the Bucket An Ethereum blockchain startup has vanished from the internet after raising only a total of $11 from investors in an ICO project. Shortly after the site was…

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Half of all Bitcoin Transactions and 24 percent of its Userbase may be associated with Crime

Category: Bitcoin, Commentary, News

Half of all Bitcoin Transactions and 24 percent of its Userbase may be associated with Crime

A new study published on January 24, 2018 has suggested that almost half of all bitcoin transactions till date have been used for illegal activity. According to a research paper published by the University of Sydney, the University of Technology Sydney and the Stockholm School of Economics, one in four bitcoin users is associated with illegal activity. Bitcoin is an…

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Second Biggest Theft of Bitcoin Ever: Bulgaria’s Bitcoin Mystery

Category: Bitcoin, Finance, News, Regulation

Second Biggest Theft of Bitcoin Ever: Bulgaria’s Bitcoin Mystery

Virtual wallets with a total of 213,519 bitcoin have gone missing while in the reported possession of Bulgarian authorities. The digital currency was seized as part of a criminal investigation called PRATKA/VIRUS that the South East European Law Enforcement Centre (SELEC) carried out in partnership with Bulgaria. The international cybercrime bust, arrests of 23 suspects and seizures of property including…

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Breaking Bitcoin: Quantum Computers and Cybersecurity

Category: Bitcoin, Commentary, Ethereum, News, Tech

Breaking Bitcoin: Quantum Computers and Cybersecurity

Alex Beath, a Toronto-based physicist and annuity support expert, is incredulous about Bitcoin yet observes one practical reason for the digital currency: It might recognize when somebody makes a working quantum PC. Quantum Computing on the Horizon Beath’s perception, which he made after a Fortune question about the security of bitcoin, is entertaining. In any case, it likewise underscores a…

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Powerful Forces Keep Mt. Gox Heist Shrouded in Mystery, Alleges Bitcoin Entrepreneur

Category: Bitcoin, Commentary, Finance, News

Powerful Forces Keep Mt. Gox Heist Shrouded in Mystery, Alleges Bitcoin Entrepreneur

The mystery surrounding the nearly four-year-old Mt. Gox exchange heist is only intensifying with time. It all began in 2014 when Mt. Gox came under a severe cyber attack that saw unknown perpetrators stealing 850,000 bitcoin in addition to $28 million in cash. The stolen bitcoin alone was worth approximately half-a-billion US dollar back then. Shortly after the heist, the…

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Is Kim Jong Un one of the Main Factors behind Bitcoin’s Price Surge in 2017?

Category: Bitcoin, Commentary, News, Tech

Is Kim Jong Un one of the Main Factors behind Bitcoin’s Price Surge in 2017?

The North Korean dictator Kim Jong Un could very well be one of the main reasons why bitcoin has been rapidly gaining momentum in the past few months, at least according to some experts in the cryptocurrency market. For the past few years, North Korea has been placed under several international sanctions in an attempt to limit the regime’s ability…

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Cryptocurrency Crimes continue to Run Rampant, Expected to Increase in 2018

Category: Altcoins, Bitcoin, Commentary, News

Cryptocurrency Crimes continue to Run Rampant, Expected to Increase in 2018

Bitcoin’s recent all-time high price of $19,666 and the success of smaller digital assets in 2017 has made the owners of cryptocurrencies a rather large target for hackers and fraudsters looking to make a quick buck. Thus, with the year coming to a close, it looks increasingly likely that 2018 will see a massive uptick in hacks, scams and misleading…

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