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cryptocurrencies

Certified ethical hacker and IT manager steals $575,000 in cryptocurrency from elderly person
Ethical hacker silhouette walking through a keyhole, symbolising physical security and penetration testing
hacking

Certified ethical hacker and IT manager steals $575,000 in cryptocurrency from elderly person

The practising IT manager stole the huge sum from an elderly person after being hired to fit a home security system
12 Apr 2022
Why Rishi Sunak's NFT gambit will backfire on UK fintech
Rishi Sunak on Downing Street
blockchain

Why Rishi Sunak's NFT gambit will backfire on UK fintech

Plans for the Royal Mint to launch an NFT – part of wider government cryptoasset measures – is more than just another PR misstep
5 Apr 2022
UK to introduce stablecoins
Close up of a stack of British pound coins against a financial currency chart and graph
digital currency

UK to introduce stablecoins

Announcement comes three months after report from the House of Lords found no “convincing case” for the UK to introduce a CBDC
5 Apr 2022
Cyber attackers' NFT blockchain heist nets hundreds of millions in stolen cryptocurrency
A collection of various coins with cryptocurrency logos embedded onto them
blockchain

Cyber attackers' NFT blockchain heist nets hundreds of millions in stolen cryptocurrency

Ronin blockchain owner Sky Mavis said it's working with outside experts to ensure the stolen funds are returned to owners
30 Mar 2022
Cryptomining criminals are focusing on the cloud
A collection of various coins with cryptocurrency logos embedded onto them
cryptocurrencies

Cryptomining criminals are focusing on the cloud

Trend Micro report reveals that cryptomining groups are fighting each other for access to victims' cloud servers
30 Mar 2022
Democrats propose privacy-focused digital dollar
The US dollar overlaid with digital lines
digital currency

Democrats propose privacy-focused digital dollar

The dollar would have to be able to make offline transactions and preserve anonymity
29 Mar 2022
Experts dismiss today's EU vote to ban Bitcoin as 'unworkable'
Blocks organised in several lines to represent blockchain technology
blockchain

Experts dismiss today's EU vote to ban Bitcoin as 'unworkable'

A controversial last minute amendment could effectively ban the biggest cryptocurrency in the world if approved in a vote today
14 Mar 2022
US pledges to take a 'hands-on' approach to disrupting cyber criminals
Lisa Monaco speaking to delegates
cyber warfare

US pledges to take a 'hands-on' approach to disrupting cyber criminals

The country has promised 'proactivity' on cyber warfare as it launches new government cyber crime taskforces
21 Feb 2022
India reserve bank compares cryptocurrencies to Ponzi schemes
The logo of the reserve bank of India on the outside of a building
cryptocurrencies

India reserve bank compares cryptocurrencies to Ponzi schemes

The bank’s deputy governor said that banning cryptocurrency may be the best option for India
15 Feb 2022
Coinbase Super Bowl marketing stunt prompts debate over QR code security
Smartphone scanning a QR code
QR codes

Coinbase Super Bowl marketing stunt prompts debate over QR code security

Experts are torn over QR codes and whether the cyber security threat they theoretically present is actually enough to warrant genuine concern in real-…
14 Feb 2022
US seizes record $3.6 billion in Bitcoin from Bitfinex hack
Bitfinex home page on smartphone screen
cryptocurrencies

US seizes record $3.6 billion in Bitcoin from Bitfinex hack

The FBI has also arrested a married couple for allegedly conspiring to launder the stolen cryptocurrency
9 Feb 2022
India to launch state-backed 'digital rupee'
The logo of the reserve bank of India on the outside of a building
digital currency

India to launch state-backed 'digital rupee'

The government is also introducing a 30% tax on income from digital assets
1 Feb 2022
China selects pilot zones to take part in blockchain trials
Blocks organised in several lines to represent blockchain technology
blockchain

China selects pilot zones to take part in blockchain trials

The initiative will involve 164 entities including hospitals, universities and companies
31 Jan 2022
IMF urges El Salvador to remove Bitcoin as legal tender
Fingers holding a 'bitcoin' in front of the flag for El Salvador
cryptocurrencies

IMF urges El Salvador to remove Bitcoin as legal tender

The country sought a $1.3 billion loan from the IMF last year, although this has been reportedly hindered by the fund’s Bitcoin concerns
26 Jan 2022
Crypto.com confirms $34 million hack caused by 2FA bypass exploit
A collection of various coins with cryptocurrency logos embedded onto them
cryptocurrencies

Crypto.com confirms $34 million hack caused by 2FA bypass exploit

The cryptocurrency exchange previously denied that any customers lost funds despite numerous reports from customers and analysts
21 Jan 2022
Federal Reserve warns foreign centralised digital currencies could decrease global use of dollar
Jerome Powell, chair of the Federal Reserve, giving a speech
digital currency

Federal Reserve warns foreign centralised digital currencies could decrease global use of dollar

New report argues CBDCs could level the playing field for private sector innovation but that network security remains a significant challenge
21 Jan 2022
Singapore discourages cryptocurrency trading with new regulations
A collection of various coins with cryptocurrency logos embedded onto them
cryptocurrencies

Singapore discourages cryptocurrency trading with new regulations

It has warned that trading is highly risky due to the fact that prices are subject to sharp speculative swings
17 Jan 2022
Mozilla suspends cryptocurrency donations following backlash
A smartphone showing the Firefox logo held in front of a data display
cryptocurrencies

Mozilla suspends cryptocurrency donations following backlash

However, the option to donate bitcoin to the Mozilla Foundation might return in the future
7 Jan 2022
Kosovo bans cryptocurrency mining to avoid nation-wide energy blackouts
A programmer setting up a cryptocurrency mining rig using a series of connected graphics cards
cryptocurrencies

Kosovo bans cryptocurrency mining to avoid nation-wide energy blackouts

The government hopes to clamp down on large cryptocurrency farms operating in the north of the country
6 Jan 2022
Australia plans reforms to tackle digital wallets and cryptocurrency regulations
A collection of various coins with cryptocurrency logos embedded onto them
digital currency

Australia plans reforms to tackle digital wallets and cryptocurrency regulations

The treasurer has warned that if the country doesn’t introduce reforms, it will be Silicon Valley that determines the future of the sector
8 Dec 2021
Google files lawsuit against Russian botnet operators
Image of small robots connected to represent a botnet
hacking

Google files lawsuit against Russian botnet operators

The Glupteba botnet infected approximately one million Windows machines to steal data and mine cryptocurrencies
8 Dec 2021
BitMart suspends withdrawals following hack
An image of cryptocurrency stock markets on a screen
cryptocurrencies

BitMart suspends withdrawals following hack

Hackers managed to get away with at least $150 million (£113 million) in cryptocurrencies
6 Dec 2021
Could using blockchain kill your green credentials?
Blocks organised in several lines to represent blockchain technology
blockchain

Could using blockchain kill your green credentials?

With Bitcoin transactions consuming enough energy to fuel a small country, can blockchain technology ever be considered environmentally friendly?
1 Dec 2021
Citigroup to create 100 blockchain and cryptocurrency roles
Citi EMEA headquarters building at Canary Wharf
cryptocurrencies

Citigroup to create 100 blockchain and cryptocurrency roles

The new positions are expected to be filled by the end of 2022
23 Nov 2021