WhatsApp Fixes Its Biggest Encryption Loophole
The ubiquitous messaging service will add end-to-end encryption to backups, keeping your chats safe no matter whose cloud they’re stored in. Powered by...
Russian Police Arrest 2 Women, High-Ranking Members of Finiko Crypto Pyramid
Law enforcement in the Russian republic of Tatarstan have made new arrests in connection with the crypto Ponzi scheme Finiko. Two women detained this week are believed to have attracted millions of dollars to the pyramid. The now collapsed Finiko lured investors from a number of countries in the post-Soviet space and around the world, including Germany and the U.S. Female Influencers Detained in Ongoing Finiko Investigation Police in...
Localcryptos P2P Market Adds Support for Bitcoin Cash
Localcryptos, the noncustodial P2P cryptocurrency market, has added bitcoin cash to its platform. This is the fifth cryptocurrency the platform has taken on for P2P transactions after having rebranded from Localethereum. The market will leverage the OP_CHECKDATASIG opcode, which presents some advantages. Also, users from Bitcoin.com Local will be able to migrate their reputation to the Localcryptos platform. Localcryptos Adds Bitcoin...
New York IT Supervisor Faces up to 15 Years in Jail for Mining Bitcoin in the Office
A New York IT supervisor is facing a possible sentence of up to 15 years in jail for mining bitcoin in the office. The man, identified as Christopher Naples, allegedly had hidden 46 mining rigs in the offices of the Suffolk County Center in Riverhead, New York. According to the investigation, 10 of these rigs had been installed since February, consuming more than $6,000 worth of energy. But given there were 36 more machines, the total...
Bid to Have MTI Ponzi Declared Unlawful Scheme Suffers Setback — More Investors Oppose Motion
A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have the online bitcoin scam declared an illegal business. Concern Over Implications of Declaration Order As a Mybroadband report explains, the investors’ belated decisions to oppose the motion stems from growing concerns that such a declaration...