US lawmakers troubled by Facebook's Libra due to 'pattern of failing to keep consumer data private'

US lawmakers troubled by Facebook’s Libra due to ‘pattern of failing to keep consumer data private’

US lawmakers in a hearing at the House Committee on Financial Services on Wednesday expressed widespread mistrust of Facebook’s cryptocurrency plan, saying the company’s attempt…

View More US lawmakers troubled by Facebook’s Libra due to ‘pattern of failing to keep consumer data private’
Hacked Bitpoint Exchange Finds $2.3M in Stolen Crypto

Hacked Bitpoint Exchange Finds $2.3M in Stolen Crypto

Japanese cryptocurrency exchange Bitpoint has discovered over 250 million yen ($2.3 million) in cryptocurrency — part of a $32 million sum that was stolen last…

View More Hacked Bitpoint Exchange Finds $2.3M in Stolen Crypto
Bloomberg: Craig Wright Does Not Have Access to Bitcoin Fortune

Bloomberg: Craig Wright Does Not Have Access to Bitcoin Fortune

Craig Wright said that he cannot comply with a court order to provide a list of all his early bitcoin (BTC) addresses, Bloomberg reported on…

View More Bloomberg: Craig Wright Does Not Have Access to Bitcoin Fortune
Florida city pays $600,000 to ransomware gang to have its data back

Florida city pays $600,000 to ransomware gang to have its data back

The city council for Riviera Beach, Florida, voted this week to pay more than $600,000 to a ransomware gang so city officials could recover data…

View More Florida city pays $600,000 to ransomware gang to have its data back
Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain

Two miners have reportedly executed a 51% attack on the bitcoin cash (BCH) blockchain, according to tweets by Cryptoconomy Podcast host Guy Swann on May…

View More Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain
US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

United States telecom and media giant AT&T now accepting cryptocurrency for paying phone bills online, according to an official press release on May 23. AT&T…

View More US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay
Tech Killed Privacy. Can Tech Take It Back?

Tech Killed Privacy. Can Tech Take It Back?

The last few technology conferences I have attended have been filled with talk about “tech lash.” People feel trapped by the tech companies that hoard…

View More Tech Killed Privacy. Can Tech Take It Back?
Hackers Withdraw 7,000 Bitcoins in Binance Crypto Exchange Security Breach

Hackers Withdraw 7,000 Bitcoins in Binance Crypto Exchange Security Breach

Binance, one of the largest cryptocurrency exchanges by daily trade volume, has experienced a major security breach on May 7, according to a statement shared…

View More Hackers Withdraw 7,000 Bitcoins in Binance Crypto Exchange Security Breach
Rate of Illegal Darknet Transactions Is Growing 50% Annually

Rate of Illegal Darknet Transactions Is Growing 50% Annually

A crypto intelligence firm that works closely with law enforcement agencies says there’s a 50% annual rise in illegal transactions on the dark web. Research…

View More Rate of Illegal Darknet Transactions Is Growing 50% Annually
Facebook Seeking $1 Bln in Venture Capital for Crypto Project

NYT Reporter: Facebook Seeking $1 Bln in Venture Capital for Crypto Project

Facebook is reportedly seeking support from various venture capital (VC) firms to develop its supposed digital token, New York Times (NYT) tech reporter Nathaniel Popper…

View More NYT Reporter: Facebook Seeking $1 Bln in Venture Capital for Crypto Project