Deloitte lets Luxembourg staff buy lunch in crypto

Professional services giant Deloitte has become the latest major global firm to experiment with cryptocurrency, following the launch of a scheme which allows staff to buy lunch in cryptocurrency. The firm, one of the ‘big four’ accountancy practices, said the scheme was designed to test the usefulness of cryptocurrency payments in a real-world environment, according […]Read More

Cheap BTC offered as Kraken bug messes up order book

Buy the lows, sell the highs. That’s how asset investment is supposed to work if you’re doing it right, and for most financial exchanges, it’s a good recipe to make profit. Not on Kraken though, where a recent bug allowed traders to buy at the lowest buy prices, and sell at the highest buy prices. […]Read More

BTC the currency of choice for cybercriminals

If you’ve ever been a victim of identity theft, there’s a very good chance that someone was paid in Segwitcoin (BTC) for your data. This somewhat unsurprising news comes from the 2019 Black Market Report, published by Armor, which indicates that 46% of all BTC transactions are payments for cybercrime services. As a whole, the […]Read More

Coinbase settles a $1 million fraud dispute

Coinbase has reached an agreement with a person who claimed that he lost 80 SegWitCoin (BTC) from an email phishing attack. According to a report, lawyers involved in the case have facilitated a transfer from the hacker involved to the hacking victim in what looks to be a resolution of the matter. According to the […]Read More

SatoshiLabs Rolls Out Bitcoin-Only Firmware for Trezor Wallets

SatoshiLabs, the Prague-based manufacturer of hardware cryptocurrency wallets Trezor, released a beta version of its new firmware that supports Bitcoin (BTC) exclusively. “Orange coin good!” According to the blog post published on Sept. 9, SatoshiLabs’ new BTC firmware is now available to download for both Trezor One and Trezor Model T. The company also noted […]Read More

BTC on a collision course with disaster

As SegWitCoin (BTC) continues to hover around the $10,000 mark and investors demand more utility from the crypto, miners are piling on hash rate to meet demand. What many are choosing to ignore though is that a crisis point for miners is coming, one that could crash the entire market for BTC. As Cointelegraph recently […]Read More

Europol breaks up massive counterfeiting ring

On September 10, the Portuguese police and Europol announced that they had broken up one of the largest counterfeiting operations they had ever seen. According to a report, they seized €70,000 ($77,330) as well as discovering that as much as €1.3 million ($1.44 million) may have been created and distributed. The criminal organization had been […]Read More