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Crypto Exchange Hacks: Why Do They Keep Happening and How Can You Protect Your Coins?

The cryptocurrency exchange Bithumb experienced a multi-million dollar hack on Tuesday – making it the second attack of this scale in the month of June. As exchanges scramble to patch up the damages, the rest of us are left wondering how this could happen so frequently – and what else we can do to protect ourselves.  Déjà Vu On Tuesday evening, major South Korean cryptocurrency exchange Bithumb reported that nearly 35 billion KRW ($31.6 million)

The post Crypto Exchange Hacks: Why Do They Keep Happening and How Can You Protect Your Coins? appeared first on Bitcoinist.com.


  Bitcoinist 

CEO of SophiaTX Takes the Business Blockchain Discussion to It Executive Forums Organized by Evanta, a Gartner Company

Starting this week, Jaroslav Kacina, CEO of SophiaTX takes the discussion on “The Business Possibilities of Blockchain” to the CIO Executive summits organized by Evanta, a Gartner company. Gartner, a member of the S&P 500, is the world’s leading company in the field of research and advisory services. Research provided by Gartner targets CIO, Senior IT marketing, and Supply Chain leaders.  Clients include large corporations, government agencies, technology companies and the investment community. The capability to connect to the blockchain discussion

The post CEO of SophiaTX Takes the Business Blockchain Discussion to It Executive Forums Organized by Evanta, a Gartner Company appeared first on Bitcoinist.com.


  Bitcoinist 

Craig Wright Referenced as Satoshi in Chinese University Textbook

Craig Wright Referenced as Satoshi in Chinese University Textbook According to reports a Chinese economics textbook that’s used in some of China’s leading universities states that the notorious Dr. Craig Wright is Satoshi Nakamoto, the creator of Bitcoin. The university textbook authored by Frederic Mishkin calls Wright an “Australian geek” who invented the cryptocurrency bitcoin…

The post Craig Wright Referenced as Satoshi in Chinese University Textbook appeared first on Altcoin Today.


  Altcoin Today 

At Least $20 Billion in Crypto Investment Awaits Custody Streamlining, Approval

Rumor has it vaunted, long awaited institutional money, big investment in crypto is coming. One of the many holdups involves custody regulation, as both large funds and those ecosystem companies best poised look for a smooth way to guard cryptocurrency holdings securely, alleviating whales’ greatest fears: theft and loss. Also read: Troll Slayer: Derek Magill […]

The post At Least $20 Billion in Crypto Investment Awaits Custody Streamlining, Approval appeared first on Bitcoin News.


  Bitcoin.com 

Bithumb Hack ‘Doesn’t Really Change the Fundamentals of Bitcoin’: Charlie Lee

Charlie Lee, the founder of Litecoin, went on CNBC’s Fast Money program on Wednesday to discuss the recent hacking of South Korea’s cryptocurrency exchange Bithumb, among other developments in the crypto sphere. Speaking via telephone, the founder of the world’s fifth-largest cryptocurrency by market cap pointed out that while it is normal for cryptocurrency investors to

The post Bithumb Hack ‘Doesn’t Really Change the Fundamentals of Bitcoin’: Charlie Lee appeared first on CCN


  CCN.com 

Ex-FDIC Chair Bair: ‘I Welcome’ New Rules for Crypto

Ex-FDIC Chair Bair: ‘I Welcome’ New Rules for Crypto Sheila Bair, a former chairperson of the Federal Deposit Insurance Corporation (FDIC), believes the U.S. should create a wholly new regulatory framework for cryptocurrencies. Speaking at CB Insights’ Future of Fintech conference on Thursday, the noted Fedcoin supporter – that is, a cryptocurrency operated by the U.S. central…

The post Ex-FDIC Chair Bair: ‘I Welcome’ New Rules for Crypto appeared first on Altcoin Today.


  Altcoin Today 

UK Regulators Question Exchanges as Bithumb News Spreads

UK Regulators Question Exchanges as Bithumb News Spreads The recent $30 Million hack of Bithumb has caused U.K. regulators to question the security of cryptocurrency exchanges, with exchanges operating in the U.K. coming under fire. 2018: The Year of Exchange Hacks? As the cryptocurrency market swells, the amount of exchange hacks has grown, in a direct correlation…

The post UK Regulators Question Exchanges as Bithumb News Spreads appeared first on Altcoin Today.


  Altcoin Today