Crypto exchange ShapeShift is suing former engineer Azamat Mukhiddinov for allegedly stealing $900,000 in bitcoin via programs he installed on their servers, CoinDesk reported. Executives said on Thursday (Aug. 27), in a request for a jury trial, that Mukhiddinov’s reported theft was discovered May 21...
Cryptocurrencies just made a huge leap from use in the financial arena to mainstream. Though currencies like bitcoin and Ethereum have been typically reserved for higher-level interactions, this new development is pulling it farther into more everyday uses. This week, Overstock.com shared news of its partnership...
The hackers behind the WannaCry ransomware attack that spread around the globe are reportedly starting to money launder the $143,000 in bitcoin they secured using a Swiss virtual currency exchange. According to a news report in Reuters, the hackers are using ShapeShift, the virtual currency exchange...
This past week proved once again that it’s tough to be a bitcoin fan. In another blow to bitcoin legitimacy, the U.S. Securities and Exchange Commission (SEC) has denied the second bitcoin-based ETF bid up for consideration in the month of March — the Intercontinental...
November 10, 2020
The U.K. Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. Treasurer Chancellor Rishi Sunak said in a press release. The announcement did not specify the regulations, but it did note that the approach will ensure that the CBDC meets “the […]
August 27, 2020
Crypto exchange ShapeShift is suing former engineer Azamat Mukhiddinov for allegedly stealing $900,000 in bitcoin via programs he installed on their servers, CoinDesk reported. Executives said on Thursday (Aug. 27),...
August 04, 2017
The hackers behind the WannaCry ransomware attack that spread around the globe are reportedly starting to money launder the $143,000 in bitcoin they secured using a Swiss virtual currency exchange....
March 31, 2017
This past week proved once again that it’s tough to be a bitcoin fan. In another blow to bitcoin legitimacy, the U.S. Securities and Exchange Commission (SEC) has denied the...
