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23-year-old Australian pilfers $320,000 of cryptocurrency – gets arrested

23-year-old Australian pilfers $320,000 of cryptocurrency – gets arrested Australian authorities have arrested a suspect for what is potentially the country’s largest single cryptocurrency theft. An as yet unnamed  23-year-old Sydney woman was taken into custody today for stealing 100,000 XRP in January 2018, 9News states. According to other reports, …

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Alibaba wins copyright case against cryptocurrency knock-off

Alibaba wins copyright case against cryptocurrency knock-off The Chinese internet shopping Goliath, Alibaba, has overcome its previous struggles to win a trademark infringement case against a cryptocurrency that was blatantly sponging off its recognizable name. Alibaba has won a preliminary injunction against AlibabaCoin Foundation (ABBC) for trademark infringement, MarketWatch reports. …

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Cryptocurrency hackers earned $20M with 51% attacks in 2018

Cryptocurrency hackers earned $20M with 51% attacks in 2018 Powerful attacks on blockchains are increasing. So far this year, hackers have executed a minimum of five separate “51-percent attacks” on cryptocurrency projects, with profits amounting to almost $20 million. This represents an annual success rate increase of at least 500 percent, after renowned …

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Binance enters Singapore with funding from state-owned investment firm

Binance enters Singapore with funding from state-owned investment firm Leading cryptocurrency exchange desk Binance has received a backing from Singapore’s government-owned holding company Temasek Holdings. Vertex Ventures, Temasek’s venture capital arm, has made an investment in Binance to help develop a cryptocurrency-to-fiat exchange desk in Singapore, the company announced today. The exact …

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