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Hackers steal $1.5 million a month from cryptocurrency funds The majority of thefts happen through phishing, a common attack designed to trick victims into clicking on malicious links. Hackers stole up to $1.5 million from ICO funding per month, according to the report. The firm called for higher standards of security in cryptocurrency to stop the outbreak of thefts.
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Cryptocurrency Hedge Funds Gained More Than 1000% In 2017 A recent report by Bloomberg indicates that nine hedge funds linked to cryptocurrency investments rose by 1,167% as a group. This information comes via Eurekahedge Pte and was released as a preliminary figure separate from other numbers, including assets under management and individual ...
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Cryptocurrency may have its ups and downs, but blockchain's stock is on the rise Some cryptocurrency exchanges, such as Moolah, Mt. Gox and Cryptsy, have fallen prey to fraud, hacking and glitches. Converting the cryptos back to real money can be problematic, and there's also concern about the megawatts of power that's required for data-crunching cryptocurrency mining ...
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South Korea's Cryptocurrency Crackdown Isn't Stopping This Bitcoin Exchange's Launch Cryptocurrency platform OKCoin is planning to launch a bitcoin exchange in South Korea as soon as next month, a move that comes as the country's government is considering whether to shut down cryptocurrency exchanges altogether. Beijing-based OKCoin, which previously ran one of the biggest ...
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Climatecoin Aims to Be the World's First Carbon-Neutral Cryptocurrency Climatecoin, an Ethereum-based cryptocurrency, has partnered with a carbon credit exchange in an effort to help in the fight against climate change. The move is expected to lead to the creation of the world's first blockchain-based platform for carbon credits trading. Carbon emissions are wreaking ...
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Bitcoin bubble may be sign of cryptocurrency investment trouble A cryptocurrency is a digital, decentralized currency and worldwide payment system with transactions that are verified by cryptographic analysis (solving secret codes) by computers. Transactions in this currency are secure and totally anonymous, leading some to believe that this is a currency of choice ...
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