A Massive Fraud Operation Stole Millions From Online Accounts

The crooks used emulators to mimic the phones of more than 16,000 customers whose mobile bank accounts had been compromised. Powered by...

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Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum
Dec21

Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum

According to onchain statistics, there is a colossal amount of bitcoin, approximately 141,231 bitcoins or $3.3 billion at the time of publication locked into Ethereum-based tokens. There are roughly seven different wrapped or synthetic bitcoin tokens but the Wrapped Bitcoin project has the lion’s share of coins with 115,411 under custody. At the time of writing, there is a great number of bitcoin (BTC) locked into the Ethereum (ETH)...

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Ledger Wallet Data Leak Dumped on Raidforums for Free, Company Regrets the Situation
Dec21

Ledger Wallet Data Leak Dumped on Raidforums for Free, Company Regrets the Situation

Just recently, the hardware wallet manufacturer Ledger has been dealing with a lot of criticism for the e-commerce customer data leak that took place last June. The data contained the emails of a million Ledger wallet customers, and thousands of clients had additional information leaked like phone numbers and residential addresses. Reports now detail that the hackers have dumped the Ledger leak data on the sharing marketplace...

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Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In
Dec21

Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In

The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine the leading crypto asset, ten Chinese mining rig manufacturers are reportedly racing to create a next-generation ether mining rig. The Ethereum 2.0...

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Genesis Mining Is Converting Excess Bitcoin Datacenter Heat Into Greenhouse Power in Sweden
Dec21

Genesis Mining Is Converting Excess Bitcoin Datacenter Heat Into Greenhouse Power in Sweden

One of the largest bitcoin mining operations in the world, Genesis Mining, has been working on an experiment with Systemair, Lulea Technical University, Research Institute of Sweden, and the local Boden municipality. The teams in Sweden are developing a system that converts excess heat from Genesis’s bitcoin mining to power greenhouse operations. Bitcoin mining is extremely competitive and the network consumes a lot of electricity to...

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