Crypto News 

Protect Yourself And Your Cryptocurrency From Real Criminals

“Recently a group of about 170 leaders in the crypto world held a panel discussion about security in Cancun Mexico” reports newsbtc.com. Even when a transaction can be tracked through the Blockchain ledger though the anonymous design of cryptocurrency allows criminals not to have their true identities linked to their accounts.The anonymous nature of cryptocurrency though assures criminals that once they have access to and can transfer the information to their own wallets it is nearly impossible to track down their identities. Source: newsbtc.com Share This:

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Government websites mined cryptocurrency after being hijacked by hackers 

“A host of government websites were found to be running a power-pinching program that uses visitors’ computers to mine cryptocurrency, a process known as “cryptojacking”” writes Margi Murphy for telegraph.co.uk. The websites were infected with malware called Coinhive, which works by hiding in a website’s code, while stealing the processing power of its visitors’ devices to mine cryptocurrency.Bitcoin is a digital currency that uses decentralised technology for secure payments and storing money that doesn’t require banks or people’s names.The digital coins are stored in an anonymous digital wallet, to be…

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Here’s The Solution To The 3 Year Old, $50,000 Bitcoin Puzzle

“Image: @coin_artist On Thursday morning, a closely watched Bitcoin wallet address known as 1FLAMEN6 had a surprise transaction that drained the account of its five bitcoins, worth nearly $50,000 at the time” reports vice.com. This Bitcoin wallet belonged to a crypto artist who goes by @coin_artist on Twitter, but she wasn’t despairing about the lost bitcoins—in fact, she was ecstatic.The 1FLAMEN6 wallet was attached to a puzzle designed by @coin_artist and fellow crypto artist Rob Myers in 2015. Source: vice.com Share This:

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Hightech Ethereum Kidnapping Botched By Old Fashioned Stupidity

“He then transferred the Ethereum to a well known American cryptocurrency exchange where he transferred it to Bitcoin in his own name” reports newsbtc.com. Meza entered the victim’s apartment found his wallet and successfully transferred the Ethereum to his own account.When Louis Meza met his victim at a Ruby Tuesdays in Times Square he thought his cryptocurrency ship had come in. Source: newsbtc.com Share This:

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As Trump delivers first State of the Union — what’s the real state of the American wallet?

“Credit card debt reached record levels in 2017, and student loan and auto loan debt are ballooning” writes Katie Marriner for marketwatch.com. The numbers provide another picture of American financial health — one with some dark spots.MarketWatch’s State of the American Wallet dashboard paints a real-time portrait — in data — of how the average American family is faring financially. Meanwhile, households are saving less money than ever as housing prices rise out of reach of many Americans. Source: marketwatch.com Share This:

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disappeared from the web on Sunday after raising a grand total of $11 USD

“UPDATE: This article was updated when the funds from the digital wallet associated with the Prodeum ICO were moved into another wallet” reports vice.com. Prodeum is at least the second Ethereum startup to pull up stakes after raising money from people in events called Initial Coin Offerings, or ICOs, in which a startup funds their enterprise by taking cryptocurrency from people in exchange for digital tokens. Source: vice.com Share This:

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Japan raps Coincheck and orders broader checks in the wake of $530 million cryptocurrency heist

“The hack has drawn into focus Japan’s approach to regulating cryptocurrency exchanges” writes unknown author for cnbc.com. Japan’s financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together after hackers stole $530 million worth of digital money from its exchange in one of the biggest cyber heists on record.The FSA said it ordered Coincheck to submit a report on the hack and measures for preventing a recurrence by Feb. 13, and that it will, if necessary, conduct on-site inspections of other…

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Crypto News 

The key to bitcoin’s next breakout may lie in Google search

“DataTrek Research’s co-Founder, Nick Colas, said recently that the key is looking into Google search and wallet growth” writes unknown author for cnbc.com. “The data does show exactly the same price trends that we saw for the past 90 days,” he added.And, just like the latest search trends, the cryptocurrency’s price has been deep in the doldrums.”Search trends skyrocketed after Thanksgiving here in the U.S. in November of last year — more than doubling in the course of just a couple of weeks,” added Colas.Despite bitcoin’s troubles, Colas, who owns…

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Hackers are using blacklisted bitcoin apps to steal money and personal data, according to research

“Hackers have used apps including phrases like “bitcoin exchange,” “bitcoin wallet” and “cryptocurrency” to lure potential victims, according to the report” writes Ryan Browne for cnbc.com. Hackers are targeting app stores from the likes of Apple and Google with malicious cryptocurrency apps to steal money and personal data, according to a study.Their research found that 661 blacklisted cryptocurrency apps were found across 20 app stores including Apple’s App Store, Google Play and others.”Before handing over any cash or personal data, investors should carry out thorough research into the exchange and…

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