One of South Korea’s largest insurance companies has denied a claim from cryptocurrency exchange Youbit in the wake of a December cyberattack that bankrupted the firm’s parent company. The Wall Street Journal reports that DB Insurance denied a $2.8 million claim from Yapian Corp. — Youbit’s parent company — in early February. Yapian had taken …
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The Federal Bureau of Investigation (FBI) recently sounded the alarm on tech support scams throughout the web and pointed out that cryptocurrency users are being increasingly targeted. Individual victims, according to the agency, often see losses “in the thousands of dollars.” The FBI’s Internet Crime Complaint Center (IC3) sounded the alarm through a notice that …
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Starting March 5th, 2018, the German National Tourist Board, headquartered in Frankfurt, is accepting payment in cryptocurrencies like bitcoin for services, as a response to their interest in utilizing the blockchain technology supporting cryptocurrencies in the German and international markets. Primarily financed by the German National Ministry of Economy & Technology, the GNTB serves to …
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Eccentric cybersecurity pioneer and long-time cryptocurrency bull John McAfee just hit a major technical hurdle in his gamble that the bitcoin price will reach $1 million by mid-2020. On Thursday, the “McAfee bitcoin Price Prediction Tracker” — which charts the price of bitcoin relative to McAfee’s ambitious prediction — fell more than two percent below …
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