Home Tag "Cryptocurrency"

Hackers Breach Popular Web Analytics Site to Target Crypto Exchange

Cryptocurrency exchange Gate.io was apparently the target of hackers who compromised a widely used web analytics platform this week. According to a report from internet security firm ESET on Tuesday, bad actors compromised Ireland-based web analytics site StatCounter, in an attempt to steal bitcoin from the exchange’s customers. The attackers managed to inject malicious code into the […]
5:35 PM GMT+0000 / November 7, 2018

3 Tips to Minimize your Crypto Tax Liability

Cryptocurrency capital gains taxes are becoming a point of interest for governments tax organizations. Don Fort, the Chief of the IRS criminal investigation unit, recently spoke on a tax conference panel and discussed at length how “cryptocurrency is becoming a new area of enforcement.” Other events like the IRS Coinbase Summons and the IRS warning sent to tax filers […]
9:41 AM GMT+0000 / November 7, 2018

Bad News Day for Bitcoin: It’s Destroying the World and Bank Accounts

You won’t believe how much energy it takes to get just $1’s worth. Even though cryptocurrencies technically have no physical presence, they really do a make a impact on the environment — and even could affect the amount of money people have in their accounts. From January 2016 to June 2018, the Oak Ridge Institute […]
6:36 PM GMT+0000 / November 6, 2018

Fake Elon Musk Crypto Giveaway Scam Gets 0.4 BTC as Twitter Fails to Vet Advert

On November 6, a paid advertisement emerged on Twitter, showing a verified account Tweeting out a fake crypto giveaway scam. A verified account with Twitter handle “@patheuk,” the official account of a UK-based film studio Pathé UK, began to Tweet out fake Ethereum (ETH) and Bitcoin (BTC) giveaway scams, claiming to be Tesla and SpaceX […]
4:57 PM GMT+0000 / November 6, 2018

Satoshi Nakamoto Released Bitcoin Ten Years Ago — Why It Was Important

10 years ago today, Satoshi Nakamoto announced to a cypherpunk cryptography mailing list a new thing called “Bitcoin.” For those in the crypto world it goes without saying why this was important, but after a decade most of the world is still struggling to understand what this meant. Indeed even those “in the know” still […]
5:29 PM GMT+0000 / November 5, 2018

Bank of America Has the Most Blockchain Patents, But Is It Actually Going to Use Them?

On October 30, Bank of America (BofA) added yet another cryptocurrency-related patent to its collection of more than 50 applications filed within the same field. The second-largest bank in the US has been leading in the informal blockchain patent race, sidestepping such players as IBM and Alibaba. However, that does not mean that BofA is being bullish — the company has […]
3:57 PM GMT+0000 / November 5, 2018

More Crypto Exchanges Now Support Circle’s Stablecoin USD Coin

USD Coin has been in the spotlight of late and the reasons should not be far-fetched for anyone who has been following proceedings in the crypto ecosystem of late. In less than a month, the company rose in value and notched the 58th position of top cryptocurrencies, according to data on CoinMarketCap. More overwhelming is the […]
3:46 PM GMT+0000 / November 5, 2018