• Canada Canadian dollar
    Alt coins,  Bitcoin,  Canada,  Innovators

    Canadian crypto exchange hacked, all assets stolen, internet cries ‘Scam!’

    MapleChange shutters website and social accounts after security breach cleans out user wallets

    A hack at a small Canadian crypto exchange left its users holding the bag Sunday, as MapleChange announced it had lost all its assets and would not be able to immediately refund its users. On Sunday afternoon, the exchange, which has Edmonton, Alberta listed as its location on Twitter, announced that a security breach allowed someone to steal all the assets it held. MapleChange added that it would not be able to refund the cryptocurrency until it investigates what happened. The hack followed MapleChange’s announcement Saturday on Twitter that it had upgraded its server and launched a version 2.0.0. https://twitter.com/MapleChangeEx/status/1056582662435954688 It’s unclear how MapleChange’s investigation is going, as the exchange…

  • Hacker phishing
    Cryptocurrencies

    Here’s what it’s like to have cyber thieves hack you for your crypto accounts

    Even the editor in chief of Modern Consensus can get attacked

    I wasn’t going to write this piece. However, I saw this tweet on Tuesday: Hearing more and more about individuals involved in cryptocurrency having indications of cyberattacks directed at them multiples times/year. Numbers ported out, spoofed SMS, targeted phishing emails, coordinated/timed events. — Jackie 🤦🏽‍♀️ (@find_evil) July 10, 2018 I just became one of those people. Here’s how I was cyberattacked. This past Thursday night. I started getting a series of emails. First it was from Google. A Gmail account I use for a site that I run had a login. At 10:13 p.m., “Your Google Account was just signed in to from a new Motorola Moto E (4) device.…

  • Spend your crypto
    Cryptocurrencies,  Innovators

    ‘Crypto-powered’ storefront was a misleading letdown

    If you can’t have a crypto store at BlockShow, then where can you?

    This year’s BlockShow saw some 3,000 attendees flock to Berlin to hear the latest and greatest about the wide world of cryptocurrency and blockchain technology, and we were pleased to see the event host a designated “Spend Your Crypto Here” zone. By all external appearances, it was a place where you could exchange your bitcoin, ether, or other cryptocurrency for t-shirts and conference knick-knacks. Among a tech-savvy crowd of this size, it made loads of sense to offer such a crypto-enabled storefront. Finally, a place where it was perfectly normal to pay with digital currency! Then we asked the booth attendant which kinds of crypto she would accept in exchange…

  • Just Eat France accepts Bitcoin
    Bitcoin,  Innovators

    Florida man blows 10,000 bitcoin on pizza, Twitter bot keeps reminding us 8 years later

    Keeping tabs on how much the famous ‘Bitcoin Pizza’ really costs  

    On May 22, 2010, two pizza pies were bought by a person named Laszlo Hanyecz. While the pies themselves were  mundane, the transaction was revolutionary—they were bought with 10,000 bitcoins, worth roughly $41 at the time. Now that one purchase gages the health of the entire $258 billion cryptocurrency market. Of course, that wasn’t always the case. So when Dutch programmer Merijn Bellekom quietly launched the Twitter bot @bitcoin_pizza in 2015, he didn’t know it would blossom into a $100 million meme. Every day at 7:14pm ET, Bellekom’s bot publishes the value of 10,000 bitcoins—what Hanyecz paid for those two pizza pies in 2010—to Twitter using current prices. “The bot was…