Chinese Investors are Loosing Faith in Blockchain as Crypto Market Losses Exceed $706 Billion.

Chinese Investors are Losing Faith in Blockchain as Crypto Market Losses Exceed $706 Billion. The global cryptocurrency market has already seen more than $706 billion of its total market capitalization evaporate since hitting a peak in early January, according to research losses appear to be triggering a shakeout in the wider blockchain community in China. Many startups there are finding it increasingly difficult to gain access to capital as investors grow skeptical of the fundamental claims around digital currencies and the blockchain technology that underpins them. With visions of a…

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Canadian Bitcoin Exchange ‘Hacked or its a Scam? Says all funds are gone

Canadian Bitcoin Exchange ‘Hacked or its a Scam? Says all funds are gone A small Bitcoin exchange based in Alberta, Canada, has gone offline. Before their Twitter page went offline, MapleChange had announced on Twitter that they “[had] no more funds to pay anyone back.” In the way of an explanation, the exchange had, approximately one hour before deleting its Twitter page, said that a “bug” had enabled “some people” to withdraw all of the funds on the exchange. Educated readers may recall a time when Mt. Gox claimed similar…

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‘Gaming Gone Wrong’ from gamer’s to thieves

‘Gaming Gone Wrong’ from gamer’s to thieves A group of Call of Duty players steal more than $3million in cryptocurrency. They hacked into cryptocurrency wallets of the victims after gaining access to their cell phones. One of the members got arrested by authorities after suspicion of being the part of the group who mastermind a scheme to steal more than $3 million in cryptocurrency. Chicago Sun-Times revealed details about a cryptocurrency hacking scheme a group of Call of Duty players allegedly carried out. According to the outlet, who cited unsealed…

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2017-2018 North korean hackers group ‘Lazarus’ has Stolen $882 million worth coins from Crypto exchanges

2017-2018 North korean hackers group ‘Lazarus’ has Stolen $882 million worth coins from Crypto exchanges Blockchain Technology is considered to be much secure and faster than Banking, it has all sorts of security applications such as complexed algorithms, decentralised storage, record keeping and peer to peer sharing despite all these, crypto exchanges are still getting attacked via hacker groups. It seems like cryptocurrency exchanges are vulnerable to cyber attacks and hackers are taking advantages of it. When it comes to hackers crew, no hacker crew has been quite as successful…

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