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Loyalty Live: Blockchain & Loyalty Rewards Conference • October 16-18, 2018

Loyalty Live is the first conference in the world focused on bridging the gap between loyalty rewards and blockchain technology.…

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Tag: Theft

SpankChain Gets “Spanked;” Loses 165 Ether in Smart Contract Hack

Category: Altcoins, Blockchain, Crime, News, Platform, Tech

SpankChain Gets “Spanked;” Loses 165 Ether in Smart Contract Hack

The adult entertainment blockchain platform SpankChain fell victim to a hack that cost the startup 165.35 ETH, worth $38,000 at the time, and froze around $4,000 worth of BOOTY tokens. SpankChain Smart Contract Hacked SpankChain announced in a blog post that its smart contract had been hacked over the weekend by an unknown cybercriminal. The startup found the breach on…

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US Investor Sues Telecom Company AT&T for Loss in Cryptocurrency Theft

Category: Altcoins, Bitcoin, Crime, News

US Investor Sues Telecom Company AT&T for Loss in Cryptocurrency Theft

On August 15, 2018, entrepreneur and cryptocurrency investor Michale Terpin filed a lawsuit worth $224 million against telecommunications company AT&T and accused the company of “negligence and fraud” regarding the theft of cryptocurrencies from his personal account. A new Kind of Cryptocurrency Scams The 69-page complaint, filed with the U.S. District Court in Los Angeles, the businessman has alleged that…

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Bostonian Nabbed for Stealing Millions in Bitcoin via SIM Swapping

Category: Altcoins, Bitcoin, Crime, News

Bostonian Nabbed for Stealing Millions in Bitcoin via SIM Swapping

California investigators have arrested Joel Ortiz, a 20-year old college student who is a key suspect in the phone jacking and SIM swapping operation that saw more than 40 bitcoin and other cryptocurrency holders lose their cryptoassets. Victims included attendees present at the Consensus blockchain conference. Where’s the Bitcoin? Per Motherboard, the California authorities apprehended Ortiz, a member of a…

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Bitcoin Private Founder Rhett Creighton Alleges BTCP Treasury Mismanagement and Fraud

Category: Altcoins, Commentary, News

Bitcoin Private Founder Rhett Creighton Alleges BTCP Treasury Mismanagement and Fraud

Bitcoin Private Co-founder and cryptocurrency maverick, Rhett Creighton has leveled a series of remarkable allegations of theft, incompetence, mismanagement, and cover-ups against his former team in a blog post published on May 23, 2018. Source: Wikipedia Creighton has been engaged in a public feud with the Bitcoin Private team since he was reportedly fired in April 2018. The allegations made…

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