BitCoin Update



North Korean hacker crew steals $571M in cryptocurrency across 5 attacks

North Korean hacker crew steals $571M in cryptocurrency across 5 attacks

North Korean hacking outfit “Lazarus” is the most profitable cryptocurrency-hacker syndicate in the world. Since 2017, internet baddies have in total stolen $882 million worth of cryptocurrency from online exchanges, but none have done it quite as well as the infamous North Koreans. World-renowned cybersecurity unit Group-IB is prepping to release its annual report on trends in hi-tech cybercrime.
Apple’s Steve Wozniak Co-Founds Blockchain-Focused Venture Capital Fund

Apple’s Steve Wozniak Co-Founds Blockchain-Focused Venture Capital Fund

Apple co-founder Steve Wozniak has been announced as a co-founder of recently launched blockchain-focused venture capital fund EQUI Global, global business outlet Verdict reports Monday, Oct. 15. Following an announcement about his plans to become “involved” in a blockchain project earlier in August, Wozniak has been revealed today as a co-founder of EQUI Global, a venture capital fund focusing on blockchain technology and built on a blockchain-powered backend.
Crypto Market Keeps Its Balance After Recent Sell-Off, Bitcoin Above $6,300

Crypto Market Keeps Its Balance After Recent Sell-Off, Bitcoin Above $6,300

Crypto markets keep their balance after the recent sell-off this week, with most of the 20 top coins by market cap slightly in the green. Fluctuations in the markets in both directions have for the most part been no more than 1 percent, as data from Coin360 shows. Bitcoin (BTC) has seen slight growth over the past 24 hours, having strengthened to above the $6,300 threshold. At press time, the major cryptocurrency is trading at $6,331, slightly down from its intraday high around $6,360, while recovering from its intraday low around $6,277. On the week, Bitcoin is down almost 4 percent from around $6,580.
Korea's Largest Bitcoin Exchange Sells Stake in $350 Million Deal

Korea's Largest Bitcoin Exchange Sells Stake in $350 Million Deal

Bithumb, currently the largest cryptocurrency exchange in South Korea by trading volume, just confirmed it has sold more than 38 percent of its total ownership to a blockchain consortium based in Singapore, for 400 billion won, or $350 million. As reported by CoinDesk Korea, Bithumb confirmed the deal was signed on Oct. 11 with BK Global Consortium, a blockchain investment firm formed by BK Global, a plastic surgery medical group in Singapore.
Binance will disclose listing fees and donate them to its own charity

Binance will disclose listing fees and donate them to its own charity

The biggest cryptocurrency exchange wants to make its coin listing process a bit less sketchy. In a Medium post on Monday, the company said that moving forward it would disclose fees that arise in the process of getting a coin listed on the exchange and donate all listing fees to charity. Specifically, its own charity: Blockchain Charity Foundation, “a not-for-profit organization dedicated to the advancement of blockchain-enabled philanthropy towards achieving global sustainable development.”
Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry

Crypto Markets Stay Mostly Stagnant Despite This Week’s Major News for Industry

Saturday, Oct. 6: crypto markets keep remain fairly stable on the day, despite this week’s major news in the industry, including institutional investments and an update from the SEC on their highly-anticipated Bitcoin ETF decisions.
Russian government hackers mined bitcoin to fund attacks

Russian government hackers mined bitcoin to fund attacks

People are definitely spending bitcoin, just maybe not the kind of people proponents of cryptocurrency adoption had in mind.  A lengthy indictment from the Justice Department dropped today, accusing seven Russian intelligence officers of conspiring to hack anti-doping agencies around the world in retaliation for their efforts to expose Russian athletic doping. And, at least according to the US officials, the GRU hacking group mined bitcoin to fund its efforts. 
'Bitcoin Bug' Exploited on Crypto Fork as Attacker Prints 235 Million Pigeoncoins

'Bitcoin Bug' Exploited on Crypto Fork as Attacker Prints 235 Million Pigeoncoins

A severe bug discovered just weeks ago in bitcoin's code has been exploited – albeit on a lesser-known cryptocurrency. The developers behind the Pigeoncoin cryptocurrency confirmed the exploit to CoinDesk on Tuesday, reporting that an unknown attacker successfully took advantage of the bug on September 26th, showcasing in the wild how it could have been used on bitcoin by printing 235 million coins worth about $15,000.
Coke’s on the blockchain now

Coke’s on the blockchain now

A hardware hacker from Brasil has developed an automated vending machine that delivers Coca-Cola in exchange for Bitcoin. But don’t get your hopes up, it’ll probably be a while before we see these in the wild.
Massive 'Inevitable' Bitcoin Prediction Made By Malta's Prime Minister

Massive 'Inevitable' Bitcoin Prediction Made By Malta's Prime Minister

“I passionately believe technology revolutionizes and improves systems," said Muscat. "This is why in Malta, we have launched ourselves as the blockchain island.
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