Thousands of Ethereum (ETH) Lost… It’s another grim day for cryptocurrency exchanges, as South Korean exchange Upbit has announced that it has suffered a loss of 342,000 ETH, which is worth approximately $50 million at the time of writing! “At 1:06 PM on November 27,...
Simple Mistake With Large Consequences The crypto sector sadly has its own Halloween horror story this weekend. Due to an accident by crypto derivatives exchange BitMEX, thousands of users’ emails were LEAKED in what should have been a normal update email. Making this...
In the aftermath of the Cryptopia exchange attack, numerous opinions and “solutions” to these types of situations have been debated, including more notable opinions from the CEOs of leading crypto exchanges Kraken and Binance. Binance CEO and cryptocurrency celebrity...
Are Funds Safe? Early this morning (Tuesday, January 15th, 2019), New Zealand-based cryptocurrency exchange Cryptopia announced on Twitter that it had experienced a “security breach, which resulted in significant losses.” Source:...
Over 200,000 ETC Double-Spent! Many Proof-of-Work Cryptocurrencies are Sitting Ducks! We’re barely into the new year and confidence in the security of many cryptocurrencies is deeply shaken. Earlier this week, Ethereum Classic (ETC) suffered a merciless 51% attack,...