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| Sloppy management was behind the Coincheck cryptocurrency hack The incident significantly undermined confidence in the cryptocurrency market. "We basically manage all currencies in a 'cold wallet'," said Kariya Kayamori, CEO of Quoine, an operator of cryptocurrency exchange Quoinex based in Tokyo. A cold wallet refers to storage that is offline, not connected to ...
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| Philippines to Develop Rules on Cryptocurrency Trading The regulation on ICOs will include guidelines on cybersecurity of cryptocurrency markets, eligibility of issuers including the officials and technology utilized ... Hackers last week stole $530 million worth of digital money from Tokyo-based cryptocurrency exchange Coincheck Inc in one of the biggest-ever ...
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| Tether, the troubled cryptocurrency hit by a $31 million hack, has split with its auditors Tether, hit by $31 million hack in November, has built a cryptocurrency pegged to the dollar. Critics are suspicious of whether it has dollar reserves it claims, but Tether calls scepticism "uninformed and baseless." The company has now parted ways with its auditor, which was reviewing its holdings, ...
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| Even YouTube Served Ads That Hijacked CPUs To Mine Cryptocurrency The use of cryptocurrency mining scripts is increasing, they enable website owners to mine digital currencies by effectively hijacking an unsuspecting visitor's CPU resources. Popular websites like The Pirate Bay have resorted to this method in order to mine Monero, a popular cryptocurrency.
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