Fraud rap for cryptocurrency promoted by DJ Khaled, Mayweather NEW YORK: The US Securities and Exchange Commission on Monday laid charges over a fraudulent cryptocurrency fundraiser that boxer Floyd Mayweather and rapper DJ Khaled touted on social media. Neither celebrity is accused in the scheme which the SEC said raised more than $32 million from thousands of investors…. Hackers, #Scammers #Spirit Away $670M in #Cryptocurrencies in #2018 With an estimated $670 million worth of cryptocurrencies stolen by hackers and scammers, 2018 is on track to set a record as the worst year for the digital currency space in terms of […]

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Top 5 Biggest CryptoCurrency Hack Loss Incidents Once in a while, news emerges of an individual has lost their money in a cryptocurrency investment due to CryptoCurrency Hack. In most cases, investors lose money after a digital currency loses value overnight. But there are shocking cases where a cryptocurrency exchange loses millions of dollars owing to a hacking incident…. Trade at your own risk, Putrajaya warns digital currency users KUALA LUMPUR: Putrajaya has warned Malaysians who use digital currency, saying they are not protected by local laws, the Dewan Rakyat heard today. Digital currency is also subject to fluctuations in […]

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Phishing, malware, and cryptojacking continue to increase in sophistication Attackers are constantly trying new ways to get around established defenses. The data, collected throughout 2017 by Webroot, illustrates that attacks such as ransomware are becoming a worldwide threat and are seamlessly bypassing legacy security solutions because organizations are neglecting to patch, update, or replace their current products…. 7 Ways to Protect Against Cryptomining Attacks Cybercriminals are increasingly hijacking enterprise systems and websites for cryptocurrency mining. Crowdstrike and other security vendors have recently reported incidents where businesses have suffered serious application and operational disruptions after attackers took over their systems to……. […]

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Cryptocurrency hijacking goes ‘through the roof’ in Sweden There has been a surge in cybercriminals hijacking computers to mine cryptocurrency in Sweden, in a practice known has crypto-jacking which is taking over viruses in popularity.The number of cyber security threats in general is increasing each year, as well as the number of methods to access data……. Teenager Who #Hacked Ledger #Hardware #Wallet Says Devices Still #Vulnerable Category: Breaking News Cryptocurrency hardware wallet manufacturer Ledger continues to refute claims its devices can be hacked after a teenager compromised them, Ars Technica reports today, March 21.After British 15-year-old Saleem Rashid created code […]

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In our 2nd article “Cryptocurrency – Is it Vaporware”, we discovered two major issues that raise questions about what do investors actually buy when they invest in ICO’s cryptocurrency.  In this article we will examine the facts. The process for launching an ICO (Initial Coin Offering) is relatively straight forward. The startup needs to have these key elements in place; leadership team, white paper, new coin distribution plan and some marketing funds. To date,this process has been repeated nearly 1,600 times. What is not clear particularly from the investors is what the investors actually receive when they buy new tokens […]

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