Binance Hacked: Bitcoin Exchange Suffers $40 Million Security Breach

Binance Hacked: Bitcoin Exchange Suffers $40 Million Security BreachBy CCN: Binance, the No. 1 cryptocurrency exchange based on trading volume, has been hacked. Changpeng “CZ” Zhao, who is at the helm of the exchange, made the announcement on Twitter after previously sharing that “unscheduled server maintenance” was unfolding. The Binance CEO tweeted that it “was not

Silk Road 2 Founder Sentenced 2 Five Years For Child Porn and Drugs

Silk Road 2 Founder Sentenced 2 Five Years For Child Porn and DrugsSilk Road 2 and Silk Road Reloaded launched shortly after Ross Ulbricht was arrested and the Silk Road, the first and largest darknet marketplace, was taken down. The drama that would unfold surrounding the case of Ulbricht would overshadow the existence of flourishing

North Korean Hackers Don’t Give a $#%! about Crypto Winter

North Korean Hackers Don’t Give a $#%! about Crypto WinterThe cryptocurrency sector may still be in a bearish phase, but the state-sponsored North Korean hacking group Lazarus remains absurdly bullish on the bitcoin industry – at least if its continued focus on the sector is anything to go by. For Lazarus, Crypto Exchanges are the

Bitcoin ATM Double-Spenders: Police Need Help Identifying Four Criminals

Bitcoin ATM Double-Spenders: Police Need Help Identifying Four CriminalsCBC reports that four Canadian men are wanted in connection with conducting double-spend attacks against Bitcoin ATMs in four cities. A total of 112 transactions are alleged to have taken place in September last year, with half of them taking place in Calgary. The other attacks took

Judge: $1 Billion Bitcoin Lawsuit against Craig Wright Will Continue

Judge: $1 Billion Bitcoin Lawsuit against Craig Wright Will ContinueA motion by the self-declared creator of Bitcoin and the chief scientist at blockchain firm nChain, Craig Wright, to have a multi-billion dollar lawsuit accusing him of stealing bitcoins belonging to an alleged business partner dismissed has been denied. Wright Loses Bid to Dismiss Lawsuit over

AriseBank CEO Settles SEC Charges

AriseBank CEO Settles SEC ChargesCCN previously reported on the arrest and murky background of Jared Rice, Sr., the “CEO” of the AriseBank ICO scheme which saw him lining his pockets and paying personal expenses out of raised funds in the extreme. Yesterday afternoon, the SEC announced that it had reached a settlement with Rice as