• A careless hacker lost $27,000 worth of stolen ETH. Of course, there's the remaining $67,973,000 to provide comfort.
    Ethereum

    Upbit exchange hacker relieved of ill-gotten gains

    After Whale Alert tweeted a warning that $27,000 in ether stolen from Korean exchange Upbit last year had been sent to his exchange, Binance CEO Changpeng “CZ” Zhao acted quickly

    May 14, 2020 /

    At 12:06 p.m. on May 13, @whale_alert tweeted out a warning that 137 ETH stolen from the South Korean Upbit exchange last November had been transferred to a wallet address on Binance. Of course, there's another 341,863 ether still missing.

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  • Coming to a blockchain near you? Red Velvet at Korea Popular Music Awards red carpet on December 20, 2018 (via Wiki commons).
    Coming to a blockchain near you? Red Velvet at Korea Popular Music Awards red carpet on December 20, 2018 (via Wiki commons).
    Media

    From K-pop to boxing, stars are launching personal cryptocurrencies

    Floyd Mayweather and DJ Khaled got burned by supporting ICOs, but now celebrities are creating utility tokens letting fans interact with them

    September 6, 2019 /

    K-pop has grown into a $5 billion business with an international fanbase over the past five years. Now a major Korean music label said it wants to use blockchain technology to help its stable of K-pop superstars get closer to their fans.

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  • CoinMarketCap (via Shutterstock).
    CoinMarketCap (via Shutterstock).
    Cryptocurrencies

    CoinMarketCap announces new reporting requirements

    The crypto price and volume tracker reacts to a report that suggested widespread fraud in the data it publishes

    May 1, 2019 /

    Less than one month after an analysis concluded that 95% of the trade volume reported on CoinMarketCap is fake, the cryptocurrency data tracking site announced that it will exclude exchanges that do not provide more live data from its price and volume calculations.

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  • crypto theft
    Really hard to show a stock photo of cryptocurrency being stolen but this comes close (via Shutterstock).
    Cryptocurrencies

    Two hacker groups are responsible for more than $1 billion in cryptocurrency thefts

    Crypto investigation software maker Chainalysis believes the two groups are responsible at least 60% of all crypto thefts

    January 28, 2019 /

    More than $1 billion worth of cryptocurrency has been stolen by just two major hacking groups, according to a new report by Chainalysis.

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