cryptocurrency
Ring of Thieves Swipes £111,000 From Buggy Bitcoin ATMs, and Police Can’t Figure Out Who They Are

A group of bitcoin bandits hit paydirt by taking advantage of buggy cryptocurrency ATMs in seven Canadian cities, according to police, netting a $195,000 CAN score—about £111,000. And Toronto police are asking for help identifying the suspects. Read More >>

cryptocurrency
Crypto Exchange Says Its Founder Died With Clients’ £137 Million—But the Money Is Missing

Last month, Canadian cryptocurrency exchange QuadrigaCX found itself in an unusual situation, even by the standards of this lawless, scam-happy industry: The only person with the passwords to the exchange’s trove of cold storage funds allegedly died, taking access to customers’ money to the grave with him. Now it seems many of the digital wallets identified as potentially containing those funds are entirely empty. Read More >>

htc
You Don’t Have to Buy HTC’s Blockchain Phone with Cryptocurrency

If you missed it (and plenty of people did, because they've smartly set all emails labelled "blockchain" to forward directly to /dev/null), HTC has made a blockchain-based phone called Exodus 1. Read More >>

cryptocurrency
Someone Uploaded Child Pornography to a Blockchain Ledger, and It’s Almost Impossible to Delete

Someone added images of child sexual abuse to an immutable blockchain ledger, the BBC reported. The images were added to the Bitcoin Satoshi Vision (BSV) core ledger through the payment processing app Money Button. Read More >>

crypto
Crypto Exchange Says It Can’t Repay £145 Million to Clients After Founder Dies With Only Password

Canadian crypto exchange QuadrigaCX says it cannot repay most of $190 million (£145m) in client holdings after its 30-year-old founder Gerald Cotten, the only person who knew the passwords to its “cold storage,” unexpectedly died in India in December 2018, Coindesk reported on Friday. Read More >>

cryptocurrency
Report: Just Two Groups May Be Behind $1 Billion in Cryptocurrency Hacks

Just two groups of “highly sophisticated cyber criminals” may be behind an estimated $1 billion (£760 million) in cryptocurrency thefts, the Wall Street Journal reported on Monday. Read More >>

scams
New Bitcoin Scam Takes You To A Fake BBC News Page

Quite a crafty one, this – someone was expecting an invoice from their building company, and received a blank email from them. The email had been coded to only show a 'display message' button, which the person unthinkingly clicked to see the invoice. Read More >>

cryptocurrency
Report: Wall Street Is Getting Cold Feet on Bitcoin as Crash Continues

The crypto crash has continued, with about $700 billion (£552 billion) wiped off the market since its peak at around $800 billion (£631 billion) at the start of the year, and leaving a trail of destroyed startups behind it. Bitcoin at one point closed in on the $3,000 (£2,367) price mark, well below both its peak of nearly $20,000 (£15,779) in 2017 and a so-called “floor” of $6,000 (£4,734). And now major Wall Street firms once rumoured to be preparing entries to the cryptocurrency market—particularly bitcoin futures—appear to have gotten cold feet after a brutal beatdown in crypto prices this year, Bloomberg reported on Sunday. Read More >>

cryptocurrency
Razer Wants You to Mine Cryptocurrency For Them

Gaming hardware manufacturer Razer has launched a cryptocurrency mining program named Razer SoftMiner to put spare graphics card capacity to work – for them, not for you. Read More >>

bitcoin
Bitcoin, and Cryptocurrency in General, Had a Terrible November

Bitcoin, as well as smaller cryptocurrencies like XRP and ether, had a terrible November that saw $70 billion in value wiped off the market, CNBC reported on Friday. Read More >>

cryptocurrency
High School Principal in China Fired for Running Secret Cryptocurrency Mining Operation

Eight cryptocurrency machines reportedly drained electricity from a Chinese high school for nearly a year before the principal was busted, and later fired, for running an Ethereum-mining operation. Read More >>

wearables
Hublot’s £19,000 Bitcoin Watch Is Perfectly Designed to Help Me Spot Terrible Jabronis

There are lots of annoying telltales of a blowhard, but none quite so insufferable as Hublot’s Big Bang Meca-10 P2P watch. It costs an absurd $25,000 (£19,000), but even if you have all that cash in your bank account, you’re out of luck—this is a watch that can only be bought with cold, hard Bitcoin. Read More >>

cryptocurrency
Mining Bitcoin Can Be More of an Energy Drain Than Actual Mining

Cryptocurrency and precious metals share some similarities. Libertarians love them. Their values are social constructs. They’re mined. And accomplishing said mining takes a tonne of energy. Read More >>

money
Government’s Crypto Taskforce Warns of Valueless Money Traps

A particularly nerdy part of the government whose members' business cards say "Crypto Assets Taskforce" has been pondering what to do about the appearance of virtual money types, including the cryptocurrencies that every corner shop is now encouraging people to subscribe to and pay with. In short, current advice is be careful, and don't expect any money you put in to ever come out again in a recognisable, spendable form. Read More >>

cryptocurrency
Cryptocurrencies Just Plummeted £9.8 Billion in Value Over the Course of a Few Hours

The cryptocurrency markets saw a significant crash on Wednesday (Eastern local time), with just short of £10 billion in value wiped out over the course of just three hours, CNBC reported. Read More >>