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Tag Archives: coincheck

Wallet Network Bit Keep Hacked; More than $8 Million Gone

It’s happened again, folks. Another crypto hack has been recorded to the digital currency books. This time, the alleged victim is Bit Keep, a virtual wallet provider, and more than $8 million in crypto funds have gone missing. Bit Keep Compromised; A Lot of Money Missing To be fair, this is a small number compared to the many digital currency hacks and scams that have occurred in the past, but it’s another clear reminder that the space is not where it needs to be, and...

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Thieves Continue to Call the Crypto Space Home

2022 has been a rough year thus for crypto investors in the sense that bitcoin and many of its altcoin cousins have had a hard time keeping their prices stable. However, the year has also been difficult because thieves have become so prominent in the space. At the time of writing, it appears crypto thieves have stolen more than $1.2 billion in crypto funds in 2022, and we’re not even at the halfway point. Why Are Thieves So Prominent in the Crypto Industry? Mitchell...

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Crypto Security Network Rise Up Unveils Its Own Digital Asset

Rise Up – a platform that assists in the establishment of digital currency transparency and security – has launched its own unique token for traders to enjoy. Rise Up Is Releasing A Unique Cryptocurrency The company was initially designed to assist cryptocurrency exchanges in making their operations far more secure and stable. The firm is garnering heavy attention given that the crypto space and its security (or sometimes lack thereof) have been extremely important...

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Liquid Exchange Hacked, Loses Nearly $100 Million

A crypto exchange known as Liquid – which is based in Japan – has been hacked, leaving it short of nearly $100 million in digital funds. Liquid Has Lost a Lot of Money The hackers involved in the incident have allegedly taken as much as $97 million in digital currency at the time of writing. Several assets – including bitcoin, Ethereum and Litecoin – have been stolen. Liquid has reported that the hacker is allegedly transferring this money to as many as four separate...

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Japan’s SBI Holdings Establishes a Crypto Presence in the UK

SBI Financial Services – a company associated with Japanese monetary group SBI Holdings Inc. – has garnered ownership of the cryptocurrency trading enterprise B2C2 based in the United Kingdom.SBI Financial Services Now Owns B2C2SBI Financial Services is now set to become one of the first major financial firms to monitor and operate a cryptocurrency dealing desk, though the specific terms of the acquisition have not been divulged at the time of writing.In many ways, Japan has been a serious...

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New Japanese Crypto Exchange, Bitterz, Opens for Business

The world is saying hello to its newest cryptocurrency trading exchange. Known as Bitterz LLC, the exchange is based out of Japan while its parent company is stationed in a small nation in the Caribbean known as St. Vincent and the Grenadines. The firm is celebrating its addition to the crypto space by giving away free bitcoin for customers to enjoy and to get into the trading spirit.Bitterz Is Here and Ready to TradeStarting a crypto exchange is not an easy feat. There is tons of regulation...

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Crypto Platform Harvest Finance Loses More Than $20 Million

It’s happened again, folks. Bad actors have made their presence known in the cryptocurrency space and another exchange has been targeted in what appears to be a rather expensive hack. Harvest Finance, a web portal that allows consumers to trade and invest digital currencies and then garner interest on their holdings, has been targeted, and reports losing as much as $24 million in a recent attack.Harvest Finance Is the Latest Hacking VictimThis is nothing new, and at this stage, it’s likely...

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Bisq Exchange Suffers Cyberattack; Customers Lose $250K

It’s happened again, folks. Another cryptocurrency exchange theft is in the books. This time, the victim is Bisq, a trading platform that has temporarily ceased all its trading services thanks to a theft that has cost users at least $250,000 in digital funds.Bisq Customers Have Been RobbedCrypto exchanges are nothing new, but it is surprising how often they occur given how many advancements we’ve made in terms of security. Arguably two of the biggest crypto exchange thefts that have ever...

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New Report Suggests Crypto Hacks Are Still Too High

When are all these cryptocurrency hacks and interferences going to stop?Hacks Are Not Going Away Anytime SoonIt’s a question that’s probably on every enthusiast’s mind. How can crypto gain mainstream or legitimate status if malicious actors continue to dominate the space? It’s not fair, it’s not right, and thus far, it’s not stoppable.This is the bottom line that has every trader worried. Crypto hacks, for the most part, appear unbeatable to one extent or another. Despite the advancements...

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The 2010s: A Review of the “Bitcoin Decade”

As 2019 finally comes to an end, we close out not just a single year, but a rather wild decade. Starting tomorrow, the 2020s will come roaring in, ready to spread joy throughout the land of bitcoin and its altcoin counterparts. Let’s look back at some of the biggest stories to occur surrounding cryptocurrency over the past ten years and how they’ll influence the coming months.The Development of BitcoinWhile bitcoin wasn’t necessarily born in the 2010s (the whitepaper supporting its creation...

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