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Cryptopia Goes Live with Pre-Hack User Balances Held

Troubled New Zealand exchange Cryptopia has relaunched its website, albeit in a read-only format, and has also restored user balances to the pre-hacked state. The initial relaunch date was announced last week on 4 March, but Cryptopia had to delay the relaunch for technical reasons. Update: The read-only site is now live. The holding balance from the 14th Jan is pre …


Breach Leaves 450,000 Users of Cryptocurrency Exchange Coinmama Vulnerable

Breach Leaves 450,000 Users of Cryptocurrency Exchange Coinmama Vulnerable

A large scale hack affecting 30 companies and a breach of 841 million records inclusive of 450,000 records from cryptocurrency brokerage firm Coinmama were posted on a dark web registry, in a security report on its blog last Friday. The hacker had reportedly published the hacked users’ data from the previous heist on the dark web’s marketplace and had eight …


Mt Gox Trustee Allegedly Sold $318 Million Worth of Creditor BTC, BCH

Mt Gox Trustee Allegedly Sold $318 Million Worth of Creditor BTC, BCH

A sell transaction of over USD 318 million has been uncovered, according to leaked screenshots of transactions and order book data shared on GoxDox.com of transactions between BitPoint cryptocurrency exchange and Nobuaki Kobayashi, the trustee of now-defunct cryptocurrency exchange Mt Gox. GoxDox is a site that has supported the cause of the victims of the defunct exchange. The site suggested that …


IOTA Recovers Nearly All of $11 Million of Stolen Crypto

IOTA Recovers Nearly All USD 11 Million of Crypto Lost in Hack

Following the USD 11.4 million hack of technology group IOTA, a top official has confirmed to Reuters that nearly all of the funds have been recovered. The hackers stole cryptocurrency funds from investor’s wallets on the IOTA platform by creating a malicious seed-generator running over the websites own page. When clients used the generator to create their 81-digit seed password, the hackers …


UK Man Arrested for Alleged Role in $11.4 Million IOTA Heist

UK Man Arrested for Alleged Role in $11.4 Million IOTA Heist

A 36-year-old Oxford man was arrested in the UK yesterday on suspicion of defrauding cryptocurrency investors out of USD 11.4 million worth of IOTA, according to the BBC. The man is alleged to have stolen the cryptocurrency from 85 different people and had become the subject of a Europe-wide investigation involving state police from Hesse in Germany, Europol, and the …


Cryptopia Exchange Claims Hack, Goes Offline, Losses Reported

New Zealand

Hackers have yet again successfully raided a cryptocurrency exchange and this time it is Cryptopia, an exchange operating in New Zealand. The exchange has since then gone offline, with reports emerging of cryptocurrency having already been stolen from the exchange. The announcement was made on Twitter by the exchange itself with the official account stating that it had “suffered a …


Coincheck Granted Exchange License a Year After Major Hack

Coincheck Granted Exchange License a Year After Major Hack

Japanese cryptocurrency exchange Coincheck has been granted an operating license a year from its notorious hack that resulted in a loss of USD 530 million. Effective immediately as of 11 January 2019, Coincheck is now registered with the Kanto Financial Bureau. This will be its first time operating as a licensed cryptocurrency exchange. In January 2018, Coincheck suffered a security …


7 South Korean Exchanges Pass Security Inspection Checklist

7 South Korean Exchanges Pass Security Inspection Checklist

The South Korean Ministry of Science and ICT reported yesterday that only seven cryptocurrency exchanges including Upbit, Bithumb, Gopax, Korbit, Coinone, Hanbitco, and Huobi Korea have passed the security inspection checklist. A survey was conducted by the Ministry of Science and ICT, the Korea Internet & Security Agency and the Ministry of Economy and Finance, during the period of September to …


HitBTC Denies Frozen Accounts Linked to Proof of Keys Event

HitBTC Denies Frozen Accounts Linked to Proof of Keys Event

About two days ago, a buzz about the alleged freezing of some customers accounts on one of the top cryptocurrency exchanges HitBTC was trending on several news headlines. At the time, the exchange did not respond to any of the allegations nor did any of the alleged victims have their complaints resolved. The allegation of the freezing of accounts was …


Cambridge Global Crypto Benchmarking Examines Bitcoin State of Play

Cambridge Global Crypto Benchmarking Examines Bitcoin State of Play

University of Cambridge Judge Business School has published the second of its annual reports which examine the cryptoconomy. It’s been a huge year following the first report, with Bitcoin reaching such grand heights offering a pre- Christmas surprise for 2017 investors, to the travails of pre-Christmas 2018, which has investors not knowing whether to hold or sell. The comprehensive 96-page …


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