Category: Blackmail

Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall

Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee WindfallEthermine will now proceed to distribute its $2.6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH), or $86,000. It was the […]

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Ethereum’s $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by Hackers

Ethereum's $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by HackersHackers are holding an unnamed crypto exchange to ransom after an alleged cyber-attack forced the Ethereum blockchain to facilitate two separate transactions at a cost of $5.2 million in fees, new information suggests. The hackers may have gained access to the exchange’s funds but failed to transfer the money into their own wallets because of […]

The post Ethereum’s $5.2 Million Fee Scandal Explained: Exchange Held to Ransom by Hackers appeared first on Bitcoin News.

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The Daily: Husbands Blackmailed for Bitcoin, Blockchain This and That

The Daily: Husbands Blackmailed for Bitcoin, Blockchain This and ThatScammers are threatening to reveal cheating husbands to their wives and asking for bitcoin ransom – check the details in this edition of The Daily. A porn streaming website now rewards its users with tokens, and hair sprays are sold for BTC and BCH. Also, find out what Brits think about blockchain and learn about […]

The post The Daily: Husbands Blackmailed for Bitcoin, Blockchain This and That appeared first on Bitcoin News.

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Crowdsale KYC is Fueling a Black Market for Fake ID

KYC for Crowdsales is Fueling a Black Market for Fake IDsKYC for crowdsales was meant to add oversight and legitimacy to a largely unregulated space. Instead it’s left investors susceptible to data breaches, identity theft and blackmail. Given the hazards, it’s understandable that some ICO investors have resorted to buying fake ID. Also read: A BCH Fueled Version of Patreon is Coming This August KYC Has […]

The post Crowdsale KYC is Fueling a Black Market for Fake ID appeared first on Bitcoin News.

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