Arizona Man Pleads Guilty for First Crypto Crime in Illinois Courts

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Authorities charged an Arizona man with fraud against his former employer, as well as group of private investors. He used their crypto assets to gamble on investments and lost hundreds of thousands in the process. Joseph Kim, 24, is a graduate of the University of Chicago and former employee of Consolidated Trading LLC in the … Continue reading “Arizona Man Pleads Guilty for First Crypto Crime in Illinois Courts”

Japanese Regulator Issues Third Warning to Zaif

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A top Japanese financial regulator issued a third warning to the hacked crypto exchange Zaif. The exchange recently revised its theft estimate and said that it discovered a theft of 42,327 BCH in addition to 5,966 BTC. In addition, Zaif signed agreements with two companies seeking their help with repaying customers and improving the quality … Continue reading “Japanese Regulator Issues Third Warning to Zaif”

Cryptojacking Cases Up 400% in Just a Year

Posted on Categories Banking, Bitcoin, Business, Cryptocurrency, Ethereum, Law, Mining, News, Scam, Technology, UncategorizedTags , , , , , , Leave a comment on Cryptojacking Cases Up 400% in Just a Year

According to a new report, cases involving cryptojacking increased by more than 400 percent compared to the previous year. The Report and its Findings The Cyber Threat Alliance (CTA) is a collaborative group of cybersecurity experts. The group published a detailed report on Wednesday containing staggering statistics regarding cryptojacking. The latter refers to the practice … Continue reading “Cryptojacking Cases Up 400% in Just a Year”

Hackers Compromise Monero (XMR) Wallets

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Monero (XMR) has shared some bad news with its community. They revealed that hackers have compromised their site. Apparently the hackers hit them through their MEGA Chrome extension. The extension stole XMR crypto wallet addresses as well as Monero passwords from site users. The Extension for MEGA Chrome is Not Offered for Download This Chrome … Continue reading “Hackers Compromise Monero (XMR) Wallets”