Month: February 2018

Europol has noted that cybercriminals are becoming better at covering their tracks by opting for more privacy-focused, anonymizing cryptocurrencies like Monero, ZCash, and Dash. Europol Sees ‘Distinct Shift’ to Anonymizing Altcoins A cybercrime analyst at Europol, Jarek Jacubchek, recently told Business Insider that the unified European police agency is seeing a “distinct shift” from Bitcoin to alternative cryptocurrencies that offer greater privacy. Jacubchek said:  So basically, you can achieve a higher level of privacy using these ‘altcoins’, and these altcoins are either using stealth as the basis, like monero. There…

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Last year, Apple’s co-founder Steve Wozniak (Woz) revealed he’d purchased bitcoin, likening it to being better than gold. And then, months later, Woz announced he’d sold it all. In the process of selling off his gains, it turns out he was defrauded out of a substantial sum. Also read: How To Regain Control From Nanny Zuck Steve Wozniak Defrauded Out of Bitcoin One of the men behind the world’s most profitable company, Apple, co-founder Steve Wozniak explained to India’s The Economic Times he was defrauded out of a sizeable amount of…

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Australian entrepreneur and computer scientist Craig Wright has been sued by Dave Kleinman’s estate for allegedly stealing between 550 thousand and 1 million bitcoins. Craig Wright and Dave Kleiman In 2015, the Australian computer scientist and businessman, Craig Wright, publicly announced that he was Satoshi Nakamoto, the famous creator of the Bitcoin decentralized cryptocurrency. Many people from the Bitcoin and cryptocurrency community were skeptical about Wright’s claims and demanded further proof. Wright and Kleiman created a cybersecurity company, W&K Info Defense Research LLC, back in 2011. They also, allegedly, worked…

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The mining company laying claim to unearthing the largest diamond found in more than a century has hopped on board the blockchain train. Blockchains Are Forever According to Bloomberg, Lucara Diamond Corp. has purchased the operator of a digital rough-diamond selling platform, in addition to blockchain technology, in an effort to ensure quality and make the notoriously exploitative supply chain more transparent. Lucara will pay $29 million in stock to purchase Clara Diamond Solutions Corp — which includes both a blockchain and platform for purchasing rough diamonds. The company claims…

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As the blockchain and cryptocurrency industries continue to mature, one issue, in particular, is starting to rear its ugly head – women interested in restructuring the financial system with blockchain technology are finding themselves greatly outnumbered by their male cohorts. As such, women’s voices aren’t being heard, and men are reaping the highest rewards. ‘Blockchain Bros’ It’s no secret that men have dominated the early days of the blockchain and cryptocurrency space – but having more men than women involved with cryptocurrency isn’t necessarily a problem in and of itself. What…

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