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Over $1 Billion Ethereum-Based Tokens Vulnerable to ‘Fake Deposit Exploit’

28.8.2020
A number of university researchers published a study that demystifies the “fake deposit vulnerability” in Ethereum-based smart contracts. The findings show that over 7,000 tokens worth more than $1 billion built on top of Ethereum are vulnerable to two types of attacks that exploit...

Whistleblower Kidnapped in Ukraine After Accusing Crypto Firm of Exit Scam

28.8.2020
Ex-employer of now-defunct investment firm Bitsonar went missing in Kyiv, Ukraine, Wednesday night

Prosecutors Reveal ‘Shadow Bank’ Accounts in Fowler Crypto Case

27.8.2020
U.S. prosecutors have unveiled 56 bank accounts under scrutiny in Reginald Fowler's legal travails

US Files Suit Against Crypto Accounts Tied to North Korea

27.8.2020
Prosecutors say the 280 accounts hold crypto stolen from two exchange hacks last year

US authorities go after 280 crypto accounts allegedly tied to North Korea

27.8.2020
Two Chinese crypto exchanges allegedly lost millions of dollars to North Korean hackers

Think Quant Trading Doesn’t Work in Crypto? Think Again

27.8.2020
Looking at the performance of crypto hedge funds in 2018 and 2019, it is obvious that crypto quant funds are working

BTC and Altcoin Pay is Growing Fast, Says Crypto Payment Firm BitPay

27.8.2020
Source: Adobe/Wit (edited by Cryptonews) Atlanta-based crypto pay service provider BitPay says that bitcoin (BTC) and altcoin payments are on the rise – with the number of transactions on its platform growing by 4.6% in June. Per data released by the firm, 107,000 crypto pay transactions were...

YouTube’s Whac-a-Mole Approach to Crypto Scam Ads Still Remains a Problem

27.8.2020
Despite lawsuits and Google’s own ad policies, cryptocurrency scam ads are still making it through the YouTube gates and circulating for days

African crypto exchange raises $1.5M from Andreessen Horowitz and others

27.8.2020
Crypto is truly a global asset class

The leaders of a fake crypto exchange are now behind bars

27.8.2020
Choi and Park lost their last chance not to serve a jail time

‘Bitcoin Will Never Ditch You’ Ad Dominates Front Page of Major Hong Kong Newspaper

27.8.2020
The number of bitcoin ads appearing in major newspapers is growing. The front page of Apple Daily, a major newspaper in Hong Kong, featured a “Bitcoin will never ditch you” ad this week. Bitcoin ads also recently appeared in leading Indian newspaper The Economic Times, the Financial...

More Than 95% of Crypto Futures Volume Is in Asia: Report

27.8.2020
Asian exchanges account for more than 95% of the futures volume in crypto, according to a new report by Switzerland-based Blockchain Valley Ventures

US in 'Terminal Debt Spiral', Might Help Crypto & Digital USD Adoption

27.8.2020
With governments across the world pumping public spending to mitigate the economic impact of the COVID-19 pandemic, 2020 could be a record-breaking year for debt. While this year’s spending extravaganza could tank the value of currencies worldwide and spur a hike in inflation, as stated a recent...

South Korean Court Sends Bogus Crypto Exchange Chiefs to Prison

27.8.2020
In what has been a torrid week for South Korean crypto exchanges, the CEO and the executive director of a legitimate-looking trading platform have been sent to jail for three and two years respectively – after a court found them guilty of duping investors with a bogus exchange. A branch of...

New SEC Filing Shows Fidelity Preparing to Launch Bitcoin Fund

27.8.2020
The U.S. Securities and Exchange Commission (SEC) has published a new filing for a bitcoin fund, submitted by Fidelity Investments’ head of strategy and planning. Bitcoin Index Fund Filed With SEC The SEC published Wednesday a Notice of Exempt Offering of Securities (Form D) filing for a...