Poland arrests ex-CEO of Russian crypto exchange WEX for US extradition: Report

His big takeaway? Mining rigs give off a lot of heat. Kosala Hemachandra, founder and CEO of crypto asset storage platform, MyEtherWallet, mined Bitcoin as a way to pay his Los Angeles rent between 2014-2015. When it came time to pay his bills, he would convert his coins into cash to facilitate the actual transaction.In…

The Monetary Authority of Singapore (MAS) has warned the public against an alleged scam claiming that a cryptocurrency is officially adopted by the government, according to an official statement on Jan. 29.MAS, which is both Singapore's central bank and the country’s financial regulator, writes that the fraudulent scheme is being spread through websites that offer…

Major global cryptocurrency exchange Binance now allows users to buy crypto directly through Visa credit and debit cards.In a Dec. 26 announcement, Binance said that its users are able to directly purchase four cryptocurrencies after binding their accounts to Visa cards issued within the European Economic Area.Binance users can buy four cryptocurrencies with euros or…

A new Bitcoin-related scam emerged through a phishing site that impersonates a self-destructing encrypted notes service. 656 Total views 31 Total shares Cybercriminals have reportedly created a fake site version of the legitimate encrypted self-destructing notes service privnote.com. The fake version can be shared with other users to steal Bitcoin.According to a June 14 report…

In the beginning of 2021, Filecoin was a relatively unknown decentralized peer-to-peer storage service with a total network capacity barely making a dent in the digital storage space. Less than two years later, the Filecoin team claimsthe blockchain has grown to eclipse 10% of the storage capacity of Amazon Web Service, the most popular vendor in…

The platform was launched to promote crime prevention in the metaverse as “all crimes in the cyberspace could also happen in the metaverse." 192 Total views 1 Total shares The cyber security unit of the Hong Kong Police Force have launched CyberDefender, a new metaverse platform designed to educate the public of the potential dangers…

Chinese GPU miners are apparently buying up Nvidia’s new GeForce RTX 30 laptops to set up ETH mining farms. 2659 Total views 8 Total shares Chinese cryptocurrency miners are reportedly buying Nvidia's new laptops to mine Ether (ETH) amid the altcoin hitting new all-time highs.Nvidia’s latest GeForce RTX 30 laptops have become increasingly popular in China…