BITPoint says US$32 million missing in cryptocurrency hack

A Tokyo-based cryptocurrency exchange said Friday it had halted all services after losing cryptocurrency worth more than $32 million in the latest apparent hack involving virtual money. Remixpoint said...

Hackers Behind BitMarket Shutdown

Another day, another cryptocurrency exchange destroyed by a hack. This time its BitMarket, a Polish exchange, that has suddenly gone offline. As Finance Magnates reported yesterday, the trading venue’s website was closed on...

Austria’s FMA Issues Warning Against Bitcoin Trader

The Austrian Financial Market Authority (FMA) on Wednesday issued a warning against Bitcoin Trader, a crypto investment website, informing potential investors that the entity is not allowed to carry out bank transactions.

Scammer Taunts Couple Who Lost Thousands in Bitcoin Fraud

An Australian couple lost over AU$20,000 (US$14,000) in a bitcoin scam, and were even taunted by the perpetrator over their losses. According to a report by the ABC, Nick and Josie...

Fake Android Apps Steal Cryptocurrency Credentials With 2FA Bypass Technique

Security researchers discovered two malicious Android apps that leveraged a clever two-factor authentication (2FA) bypass to steal Turkish users’ cryptocurrency credentials. ESET discovered two malicious apps capable of using...

US CFTC Brings Action Against $147 Million Bitcoin Investment Scheme

The United States Commodity Futures Trading Commission (CFTC) launched action against a reportedly fraudulent $147 million bitcoin (BTC) scheme, the regulator announced on June 18. On June 17, the CFTC filed a complaint...

Report claims that majority of cryptocoin thefts are by 2 groups

New research suggests that just two groups are responsible for a majority of cryptocurrency hacks up to now. Chainalysis , a company that provides blockchain software, made the claim...

Ex-associate of suspected Bitcoin scammer told he faces jail

A former associate of the suspected fraudster Renwick Haddow has been warned to expect a jail term for illegally shifting funds earmarked for investors who lost millions in scams.

Cryptopia Hack Continues, 17K Cryptopia Wallets ‘Drained’ of 1,675 ETH

Blockchain analysis firm Elementus has reported that New Zealand-based digital asset exchange Cryptopia, which has told us it suffered a security breach on January 14th (that resulted in "significant losses"), is continuing...

Cryptocurrency Thefts and Scams Raked in 300% More Profit Last Year than 2017

Blockchain analytics firm CipherTrace released a report this morning showing that roughly $1.7 billion in cryptocurrency was stolen or scammed over the course of 2018. The amount stolen by hackers alone is...