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SIM Swapping Cryptocurrency Thief Officially Sentenced to 10 Years in PrisonJoel Ortiz, the SIM swapping hacker that stole $5.2 million in cryptocurrency, has officially been sentenced to 10 years in prison.When it comes to cryptocurrency hacking, most people think of exchanges being victimized. However, a growing phenomenon is that of SIM swapping, wherein a hacker manages
McAfee tells Bloomberg he will unmask Satoshi Nakamoto "within a weekToday, Bloomberg is reporting that it recently spoke with John McAfee concerning his claim that he knows who Satoshi Nakamoto is, and will soon reveal his identity if the mysterious Bitcoin creator does not come forward.In McAfee's own words, if Nakamoto does not come forward, then he is going to be
5 Big Reasons Why Bitcoin Can Never Be BannedMost countries around the world are scrambling to regulate Bitcoin. Some, like Bolivia, Egypt, and Saudi Arabia, have even tried to outright ban it. The problem is, no matter what regulators say, there are four major reasons why Bitcoin is unbannable.1. Laws Can’t Be Written Against Bits and BitesTh
JPMorgan to Launch Blockchain Sandbox for Fintech in 2019The banking bull JPMorgan Chase considers growing a prevailing cryptocurrency and blockchain project such that it can include settlement features with the aim of outcompeting other payment giants like Ripple and TransferWise.Ripple plans to expand into a global banking system such that it can manage
BlockFi Is Now Paying Interest on $53 Million of Crypto DepositsCrypto lending startup BlockFi has gathered another $18 million of bitcoin and ether deposits since last month, bringing its total interest-earning accounts to $53 million.The company also lowered its minimum balance to earn interest on bitcoin from 1 BTC to 0.5 BTC and expanded its operations to In
Binance DEX Launches On Binance Chain After Years Of DevelopmentBinance, one of the largest cryptocurrency exchanges in the market, has announced that it is launching the Binance Decentralized Exchange (DEX) on its own blockchain. Now, the firm is inviting new projects to start running on the native blockchain. Binance Coin (BNB) reacted positively to the announ
PumaPay Launches its Chrome Extension to Access and Manage the WalletPumaPay, which is developing a complete payment system that has tools to meet the needs of both customers and businesses. Today PumaPay launches its Chrome Extension for its users. This extension will provide accessing and managing the PumaPay wallet from the Chrome Browser.The announcement is done
South Korean on Average Invest $6,000 in CryptocurrencySouth Korea has one of the most vibrant cryptocurrency industries in the world. The government has put in place laws that protect the citizens from the various risks associated with digital currencies. It also goes an extra mile to offer incentives that are meant to encourage more people and compani