‘Crypto exchange’ Goxtrade caught using other people’s photos on its staff page

Alleged cryptocurrency exchange Goxtrade bills itself as a “trusted platform for trading bitcoins,” but its staff page is filled with photos of people of pulled seemingly at random from the internet. The alleged exchange, which claimed to debut in 2017 yet its website is only a little more than a week old, used photos taken […]

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Bitcoin has surged above $8,000 and theories around why abound

Bitcoin is now trading at around $8,130, up a whopping 60.84 percent over the past month, with the price surging $3,086.14 over the period. The cryptocurrency’s meteoric rise is reminiscent of its rocketing growth in the latter half of 2017, when prices reached over $18,400 on the back of buoyant capital markets, rampant speculation, and […]

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Binance pledges to ‘significantly’ increase security following $40M Bitcoin hack

Binance has vowed to raise the quality of its security in the aftermath of a hack that saw thieves make off with $40 million in Bitcoin from the exchange. The company — which is widely believed to operate the world’s largest crypto exchange based on trading volumes — said today that it would “significantly revamp” […]

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Binance says more than $40 million in bitcoin stolen in ‘large scale’ hack

Cryptocurrency exchange Binance has confirmed a “large scale” data breach, in which hackers stole more than $40 million in cryptocurrency In a statement, the company said hackers stole API keys, two-factor codes and other information in the attack. Binance traced the cryptocurrency theft — more than 7,000 bitcoins at the time of writing — to […]

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How German and US authorities took down the owners of darknet drug emporium Wall Street Market

The major darknet marketplace known as the Wall Street Market have been seized and its alleged operators arrested in a joint operation between European and U.S. authorities. Millions in cash, cryptocurrency, and other assets were collected, and the markets shut down. How investigators tied these anonymity-obsessed individuals to the illegal activities is instructive.

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AWS opens up its managed blockchain as a service to everybody

After announcing that they were launching a managed blockchain service late last year, Amazon Web Services is now opening that service up for general availability. It was only about five months ago that AWS chief executive Andy Jassy announced that the company was reversing course on its previous dismissal of blockchain technologies and laid out […]

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Binance’s hotly-anticipated Singapore crypto exchange is now live — and underwhelming

Binance, the company widely seen as the world’s largest crypto exchange, has officially set up shop in Singapore after it launched a service in the country. The new Singapore service, however, bears more of a resemblance to U.S. rival Coinbase than a classic Binance exchange. Binance’s rapid ascent is thanks to a service that lets […]

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Regulators in China are weighing a ban on Bitcoin mining

Cryptocurrency mining has become the latest target for the Chinese government seeking to phase out industries considered a drag on the country’s economy. The National Development and Reform Commission (NDRC), the top economic planning agency in the world’s largest market for bitcoin mining, released on Monday a list of sectors it plans to promote, restrict […]

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Beating back bears, Bitcoin briefly balloons beyond $4,900

Bitcoin went on a tear in early morning trading earlier today, popping up to above $4,900 and reminding some investors of the good old days of 2017. The currency is still trading up above 15% at $4,782.60, which is a healthy jump for the cryptocurrency (which had languishing at around $4,000 for the past three […]

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