New Zealand Police says the investigation into the hack of crypto exchange Cryptopia is complex and it’s keeping an “open mind” on all possibilities.
New Zealand Crypto Exchange Cryptopia Goes Offline Citing Hack
New Zealand-based cryptocurrency exchange Cryptopia has gone offline claiming “significant” losses arising from a hack.
Japan Eyes Regulation of Unregistered Crypto Investment Schemes
Japan’s financial regulator is reportedly looking to close a loophole that lets unregistered investment firms solicit funds in cryptocurrencies.
Craig Wright Denied Attempt to Dismiss Lawsuit Over 1.1 Million Bitcoin
A U.S. court has largely denied crypto entrepreneur Craig Wright’s attempt to dismiss a lawsuit alleging he appropriated 1.1 million bitcoin.
Electrum Wallet Attack May Have Stolen As Much as 245 Bitcoin
A phishing attack on the Electrum wallet network has reportedly managed to steal bitcoin worth over $800,000.
Former Mt Gox CEO Mark Karpeles Claims Innocence as Trial Nears End
In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds.
Suspected Electricity Thief Arrested After Mining $3 Million in Bitcoin, Ether
A man in Taiwan has been arrested over claims he mined $3.25 million in cryptos using stolen electricity.
Executives at Korean Crypto Exchange UPbit Indicted for Fraud
Three executives of UPbit, one of South Korea’s largest cryptocurrency exchanges, have been formally charged by the country’s prosecutors.
US Government Issues Advice Over Bitcoin Bomb Threat Emails
The U.S. government has confirmed the existence of bomb threat emails that demand bitcoin from organizations and suggested steps to take.
10-Year Jail Term Sought for Former Mt Gox CEO Mark Karpeles
Japanese prosecutors are seeking a 10-year sentence for former Mt. Gox CEO Mark Karpeles over embezzlement of user funds.
Suspect Crypto Transactions Rise in Japan But Still Just 1.7% of Total
Reported suspicious crypto transactions soared in the first 10 months of 2018, but fiat is still vastly more popular in money laundering.
US Government Offering Up to $800K for Anti-Counterfeiting Blockchain Solutions
The U.S. Department of Homeland Security is seeking to fund anti-counterfeiting solutions from blockchain startups with grants of up to $800,000.
Treasury Official: Global Regulators Must Follow US Lead in Crypto Enforcement
U.S. Treasury Department Under Secretary Sigal Mandelker called for global efforts to police malicious actors’ use of cryptocurrencies.
Bitcoin Trader on US Sanctions Blacklist Says He’s Innocent
An Iranian bitcoin trader added to the U.S. Treasury’s OFAC sanctions list last week claims he’s been wrongfully blacklisted.
New Crypto Mining Malware Seen to ‘Evolve,’ Say Researchers
Researchers at cybersecurity firm Check Point say a relatively new form of crypto mining malware, dubbed KingMiner, is “evolving.”
Iranian Bitcoin Users Are Already Being Affected By New US Sanctions
New sanctions from the US government are driving Iranian bitcoin users to pursue more secure and private wallet solutions.
FBI Arrests AriseBank CEO Over $4 Million Crypto Fraud
The FBI has arrested the CEO of cryptocurrency platform AriseBank after he was indicted over an alleged multi-million dollar scam.
Four More ICOs Hit with Cease-and-Desists by Colorado Securities Regulator
Colorado’s securities watchdog has issued four more cease-and-desist orders against suspect ICOs, taking its total since May to 18.
The Crypto Insurance Market May Total $6 Billion. That’s Nowhere Near Enough
There is less than $5 billion of global capacity to insure crypto wallets held in custody. Coinbase has secured a significant chunk of that.
Russian ICO That Impersonated Bank Hit With Cease-and-Desist
North Dakota has issued a cease-and-desist order against a Russia-based ICO for copying a bank’s website to promote “potentially fraudulent securities.”