On Wednesday, the major South Korean crypto exchange Upbit confirmed that a whopping 342,000 Ether had been stolen from its hot wallet - funds worth an estimated $50 million at the time of writing.
Indian government to issue national blockchain strategyDespite taking a hardline stance on crypto, India has announced that it is working on a national blockchain strategy to accelerate the technology's adoption.
China: Five crypto exchanges halt or shut services amid perceived crackdownIt's been a bad month for Chinese crypto exchanges.
Russia reportedly considers ban on using crypto as a means of paymentChina isn't the only one threatening to take a hardline stance on crypto.
The renowned tech entrepreneur, who is the brains behind Twitter and Square, is a huge supporter of crypto.
FUD of the WeekReport: Cybercriminals are using YouTube to install cryptojacking malwareNew research suggests cybercriminals have been distributing a Monero crypto mining module via the popular video-sharing website YouTube.
Ex-Hollywood executive admits to embezzling $22 million to buy crypto and gambleA former executive at a digital marketing firm in Hollywood is in hot water after admitting to embezzling $22 million from his employer to buy digital currency, gamble and cover personal expenses.
Over a four-year period, he stole $1.2 million to write personal checks to poker players, $1.1 million to pay off credit cards and $8.4 million to transfer to crypto accounts.
Best Cointelegraph FeaturesBRICS nations discuss shared crypto to break away from USD and SWIFTBrazil, Russia, India, China and South Africa - collectively known as the BRICS economic bloc - are exploring whether they should issue cross-national digital money to reduce their dependence on the United States.
Where can crypto enthusiasts spend their coins and get their hands on the latest bargains? Aubrey Hansen takes a look.
$50M of ETH Stolen, 'Rare Opportunity' for BTC: Hodler's Digest, Nov. 25-Dec. 1
Published on Dec 1, 2019
by Cointele | Published on Coinage
Coinage
Mentioned in this article
Recent News
View All
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.