According to reports circulating on the web, the mining pool Nicehash was hacked today for allegedly 4,449 BTC or US$60M at current prices. The Nicehash pool has confirmed the organization was breached but did not disclose how many bitcoins were stolen. Also read: Japan Increases Lead – Approves Another Four New Cryptocurrency Exchanges The Mining Pool […]
While automation and technological innovation should be embraced rather than opposed, they are not foolproof solutions by any stretch of the imagination. Arresting criminal suspects based on information provided by a computer program is not acceptable. A UK human rights group has expressed concern over these practices, claiming that such systems are “advisory” rather than “necessary”. Police and Algorithm-based […]
Unlike money in the bank, cryptocurrency can’t be unilaterally seized by governments, clawing back a modicum of power for the individual.
It is only a matter of time until all of OneCoin’s financial investigations catch up with it. Multiple countries are investigating this infamous Ponzi scheme and it seems some progress has been made in Finland. The police there are targeting one OneCoin promoter in particular, although it is likely more individuals are on their radar. […]
Japanese law enforcement officials have released new figures about cryptocurrency-related fraud during 2017.
Last week the Russian bitcoin exchange, BTC-e, told the public about the trading platform’s plan to repay customers. Now the exchange is back and says there will be a full update come August 30 and the organization will follow with daily announcements. Further, BTC-e answered multiple questions from customers who want access to their funds. […]
BTC-e says it will publish more frequent updates about its recovery plans after August 31, according to a newly released statement.
A research office backed by a number of U.K. police groups has proposed changing the country’s laws to make seizing bitcoin holdings easier.
According to a new post on the forum Bitcointalk, the now defunct BTC-e exchange says it has control over some its servers and bitcoin wallets. At the moment, operators of the trading platform detail they are evaluating the balances. Also read: Segwit2x and the Tale of Three Bitcoins BTC-e Reveals They Are Assessing Wallets and Balances […]
National police forces in Europe are seeking new cash for research on how to tackle cybercrimes involving digital currency. The post Swedish Police to Seek EU Funds for Cryptocurrency Research appeared first on CoinDesk. Source
A forum account associated with the operators of the BTC-e cryptocurrency exchange has posted new statements days after the service was taken offline. Source
The saga involving the BTC-E exchange just keeps thickening as we speak. Not only is the exchange still offline, its operator is in custody of law enforcement authorities. To make things worse, it now appears the domain has been seized as well. All of this diminished the chances of this exchange ever coming back online. […]
On July 24 the operator of the website and bitcoin mixing service Bitmixer.io announced the operation is now ending its mixing services. Although many Bitcoiners assumed the closure was due to law enforcement pressure the owner insists it is due to a change in his ideology. Also read: What Every Bitcoiner Should Know About ‘Bitcoin […]
This week we reported on the takedown of the two largest darknet markets on the deep web — Alphabay, and Hansa. Now reports further reveal how global law enforcement seized the alleged Alphabay administrator, Alexandre Cazes, as well as the internal investigation of the Hansa marketplace which collected data on more than 50,000 cryptocurrency transactions. […]
The Hansa darknet marketplace has been shut down by law enforcement officials. This news comes as a big surprise, considering the AlphaBay platform disappeared not too long ago as well. These are troublesome times for darknet users, as law enforcement officials seemingly have their finger on the pulse of every marketplace in existence right now. […]