Crime

Exchanges

Searching for a Cryptocurrency Security Standard

Bitcoin companies continue to take a hammering from hackers. Where should they look for better security practices?

Policy & regulation  ·  25 January 2015
Hacking

Payment Processor EgoPay Confirms Hack, Insider Suspected

Third-party payment processor EgoPay suffered a hack in late December, the company has confirmed in a blog post.

Policy & regulation  ·  23 January 2015
Crime

Alleged Silk Road 2.0 Accomplice Arrested on Conspiracy Charges

Federal investigators have confirmed that Brian Richard Farrell has been arrested in connection with black market website Silk Road 2.0.

Policy & regulation  ·  21 January 2015
Exchanges

Bitcoin Trader Gets Four-Year Jail Term Over Silk Road Connection

Robert Faiella, the bitcoin trader charged alongside BitInstant CEO Charlie Shrem, has been sentenced to four years imprisonment in a New York court.

Policy & regulation  ·  21 January 2015
Hacking

Research: Hackers Could Install Backdoor in Bitcoin Cold Storage

A researcher in Berlin has described a way to compromise a core algorithm underpinning bitcoin so that transactions leak private-key data.

Policy & regulation  ·  16 January 2015
Exchanges

Mt Gox CEO Mark Karpeles Implicated in Silk Road Trial

Today in court, a witness from the US Department of Homeland Security claimed that Mark Karpeles was once suspected to be Dread Pirate Roberts.

Policy & regulation  ·  15 January 2015
Crime

Silk Road Trial Begins in New York

Accused Silk Road mastermind Ross Ulbricht stood trial today for charges stemming from his alleged involvement in the online black market.

Policy & regulation  ·  13 January 2015
Crime

How Credit Card Fraud Sank One Bitcoin Exchange

Credit cards are the easiest way to buy bitcoins, but exchanges that don't handle them properly can be hit by chargebacks. What can they do?

Policy & regulation  ·  13 January 2015
Exchanges

Bitcoin Exchange Bitstamp Resumes Services

Bitcoin exchange Bitstamp has resumed services after an attack that saw it lose $5m in customer funds.

Policy & regulation  ·  9 January 2015
Crime

How to Avoid Bitcoin Scams in 2015

2014 was a great year for bitcoin, but its success has drawn bad actors to the space. So how should you keep your funds safe in 2015?

Policy & regulation  ·  2 January 2015
Exchanges

Missing Mt Gox Bitcoins Likely an Inside Job, Say Japanese Police

The disappearance of 650,000 BTC from Mt Gox was due to internal system irregularities and not external attacks, reports a Japanese newspaper.

Policy & regulation  ·  1 January 2015
Crime

The 7 Biggest Crypto Scandals of 2014

Whether it was bankruptcy, allegations of fraud or clashes with the government, the bitcoin industry faced a fair share of scandal in 2014.

Policy & regulation  ·  26 December 2014
Crime

Charlie Shrem Saga Ends With Two-Year Sentence in New York Court

Charlie Shrem has been sentenced to two years in prison after pleading guilty to aiding and abetting an unlicensed money transmitting business.

Policy & regulation  ·  20 December 2014
Crime

Florida Group Faces Fraud Charges for Alleged Altcoin ‘Pump and Dump’

Five individuals have been named in a Florida lawsuit that involves an altcoin pump-and-dump and the fraudulent presale of scrypt mining ASICs.

Policy & regulation  ·  17 December 2014
Crime

98.6% of TorrentLocker Victims Refuse to Pay Bitcoin Ransom

A new report into the effects of TorrentLocker malware has found that 98.55% of victims do not pay the bitcoin ransom.

Policy & regulation  ·  17 December 2014