Apple hasn’t removed a fake Rabby Wallet app, despite knowing it’s in the App Store A bogus version of the Rabby Wallet crypto wallet app has reportedly been causing mayhem among unsuspecting App Store users. The team supporting DeBank’s Rabby Wallet verified on February 16 that its official app is currently under review and that
The leading cryptocurrencies may be immune to certain malicious attacks It’s no longer possible for nation-states to eliminate the Bitcoin and Ethereum networks via 51% attacks due to the high costs demanded to do so, according to a recent research study by crypto intelligence firm Coin Metrics. A 51% attack is when a malicious actor
The use of Trezor technology might be creating issues for the cryptocurrency wallet app A US Department of Commerce agency is examining an old version of the “Binance Trust Wallet app” for its susceptibility to allowing attacks to swipe customer funds from their crypto wallets. In particular, iOS devices may be at risk. The National
An increase in interest and activity has Bitcoin reaching new heights Bitcoin’s market value among its circulating supply exceeded the $1 trillion market after its price surged beyond $51,000. The current distributed Bitcoin supply is 19,627,443 BTC, or 93.46% of its total, which has a hard cap of 21 million. The effect of rising favorable
Coinbase launches an ad campaign to drum up support for a digital penny Coinbase’s new crypto ad campaign declares that moving the US dollar to a “well-designed blockchain” could turn billions of “clunky” pennies into something valuable again. The ad was introduced as part of National Lost Penny Day on February 12, which began in
The crippled cryptocurrency exchange is going to sell Digital Custody for $500,000 FTX CEO John Ray III and the FTX debtors estate have filed to sell Digital Custody (DC) to CoinList for a substantial discount of $500,000, with financing delivered by DC’s original seller and CEO, Terence Culver. The failed cryptocurrency exchange FTX originally bought
A new report shows that criminals still prefer fiat over crypto for their illicit activity A recent detailed risk assessment report from the US Treasury Department finds that cash, not cryptocurrencies, is the preferred money laundering technique for criminals and organizations. Three individual reports investigating money laundering, terrorist financing and proliferation financing detailed the current
The collapse of the crypto lender has the NBA playing defense The NBA is being sued over its marketing deals with the now-collapsed Voyager Digital cryptocurrency lender, which users claim led to over $4.2 billion in losses. The over 100-page complaint filed in a Miami district court on February 6 alleges the NBA was “grossly
Craig Wright is in court as he tries to defend his claim that he is Satoshi The long-awaited trial investigating Australian computer scientist Craig Wright’s claim that he is the pseudonymous author of the 2008 Bitcoin manifesto began in a UK high court on Monday, where a judge permitted Wright to add new proof to
Financial controls in cryptocurrency and other segments are being thwarted by artificial intelligence A new online service called OnlyFake claims to use artificial intelligence (AI) “generators” and “neural networks” to produce fake driver licenses and passports, and reports indicate its products have succeeded in passing Know Your Customer (KYC) checks on several cryptocurrency exchanges. For
The alleged hacker has reportedly gained access to the KodexGlobal platform used by law enforcement An online hacker claims to have access to a “KodexGlobal” law enforcement request account that lets buyers subpoena user data from firms like Chainlink, Coinbase and Binance, among others. A blog updated on February 4 by cybercrime solutions firm Hudson
Users have little time to withdraw their funds if they want to avoid losing them OPNX, the cryptocurrency bankruptcy claims platform started by failed hedge fund Three Arrows Capital (3AC) co-founders, has declared that the company will officially halt all operations on the platform by February 14. In an email recently sent to exchange customers,
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